ALK · Alaska Air Group, Inc.
$41.23
-1.18 (-2.78%)
At close · Aug 19
Market Cap
$4.73B
Shares
111.60M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$41.23
Open$42.60
Day$41.14–42.91
52W close$34.19–63.86
Avg vol 30d2.8M
Short int10.7M · 9.6% float · 3.2d
Short vol66%
Last earningsJul 22, 2026
DataJan 2020–Aug 2026
Filing10-Q · Aug 4
Up next
Next earnings call
Oct 22, 2026
Est · unconfirmed
· in 9 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Aug 4, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Strong Sell
SellHoldBuy
Technical
Sell
Momentum
Very Weak
Sentiment
Neutral
Fundamentals
Weak
Quant / Vol
Very High
Market backdrop
VIX 14.9 · calm
Equity put/call 0.52
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−10%
below
Price vs 50-day avg
−14%
below
RSI (14)
33
neutral
MACD trend
Negative
52-week position
24%
mid-range
Momentum
relative strength
1-month return
−7%
trailing
6-month return
−25%
trailing
YTD return
−18%
this year
Relative strength
−37%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $48 › 200d $46 — 50d above 200d
Institutional flow
Accumulating
+7% holders QoQ · +109 funds added
Insider flow
Distributing
Net -$263.3K over 90 days · 100% sells
Short interest
Falling
9.62% of float · ▼ -2.1% MoM · 3.2 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
491 holders — mid 3-yr range
Squeeze score
59
elevated · 0–100
Fundamentals
Revenue growth
+8%
Y/Y
EPS growth
−73%
Y/Y
Free cash flow
$-245.0M
Buyback
$180.0M
remaining
Balance sheet
$4.5B
net debt
Quant / Vol
risk profile
Volatility
52%
annualized · 1-yr
Max drawdown
−46%
past year
ATR
5.1%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Jul 21, 2026
Capacity (ASMs) % change versus 2025
· Q3 2026
2% – 3%
Economic fuel cost per gallon
· Q3 2026
$4
Adjusted earnings (loss) per share
· Q3 2026
Non-GAAP
$0.00 – $1.00
Prior guidance
period ended
· from the 8-K filed Apr 20, 2026
Capacity (ASMs) % change versus 2025
· second quarter 2026
1%
Fuel cost per gallon (quarter average)
· second quarter 2026
$5
Adjusted loss per share
· second quarter 2026
$-1.00
Assumed tax rate
· second quarter 2026
32%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−10%
Bearish
Price vs 50-day avg
−14%
Bearish
RSI (14)
33
Neutral
MACD trend
Negative
Bearish
52-week position
24%
Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross)
No cross
50d $48 › 200d $46 — 50d above 200d
Institutional flow
Accumulating
+7% holders QoQ · +109 funds added
Insider flow
Distributing
Net -$263.3K over 90 days · 100% sells
Short interest
Falling
9.62% of float · ▼ -2.1% MoM · 3.2 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
491 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $34
Now $41 · 24%
Range high $64
vs 200-day avg -10%
vs 50-day avg -14%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted capital expenditures non-GAAP | $564M | Six Months Ended June 30, 2026 | — |
| Adjusted loss per share non-GAAP | -$2.61 | Six Months Ended June 30, 2026 | — |
|
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| Adjusted net debt non-GAAP | $4.95B | As of June 30, 2026 | — |
| Adjusted net loss non-GAAP | -$294M | Six Months Ended June 30, 2026 | — |
| Adjusted pretax margin non-GAAP | -6.3% | Six Months Ended June 30, 2026 | — |
| ASMs (capacity) | 45.88B | Six Months Ended June 30, 2026 | — |
| ASMs per gallon | 81.6 | Six Months Ended June 30, 2026 | — |
| Available liquidity | $3.8B | Q2 2026 | — |
| Average full-time equivalent employees (FTEs) | 31,596 | Six Months Ended June 30, 2026 | — |
| Capacity (ASMs) % change versus 2025 | 1% | Q2 2026 | — |
|
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| Cargo revenue increased | 21% | Q2 2026 | — |
| CASMex % change versus 2025 | 6.5% | Q2 2026 | — |
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| Debt-to-capitalization ratio, including leases non-GAAP | 65% | As of June 30, 2026 | — |
| Departures | 264.5K | Six Months Ended June 30, 2026 | — |
| EBITDAR non-GAAP | $1.04B | Twelve Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Operating Income (Loss) -224M
+180M Special items - operating
-13M Gains on foreign debt and other
+813M Depreciation and amortization
+279M Fixed portion of operating lease expense
= EBITDAR 1.04B
|
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| Economic fuel cost per gallon | $4.43 | Q2 2026 | — |
| Fuel cost per gallon | $3.74 | Six Months Ended June 30, 2026 | — |
|
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| Fuel gallons | 562M | Six Months Ended June 30, 2026 | — |
| Load factor | 81.3% | Six Months Ended June 30, 2026 | — |
| Loyalty cash remuneration | 19% | Q2 2026 | — |
| Managed corporate revenue accelerated | 30% | Q2 2026 | — |
| Operating cash flow | $606M | the first six months of 2026 | — |
| Operating fleet | 422 | Three Months Ended June 30, 2026 | — |
| Premium revenue increased | 15% | Q2 2026 | — |
| RASM % change versus 2025 | 8.6% | Q2 2026 | — |
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| Revenue passengers | 28.39M | Six Months Ended June 30, 2026 | — |
| RPMs (traffic) | 37.31B | Six Months Ended June 30, 2026 | — |
| Unencumbered assets | $20B | Q2 2026 | — |
| Managed corporate travel % change year-over-year | 19% | Q1 2026 | — |
| Premium revenue % change year-over-year | 8% | Q1 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Airlines — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
ALK
this stock
Alaska Air Group, Inc.
|
$4.73B | -18.0% | +8.1% | — | 9.6% |
|
DAL
Delta Air Lines, Inc.
|
$56.36B | +20.0% | +4.0% | 14.2 | 3.9% |
|
UAL
United Airlines Holdings, Inc.
|
$38.53B | +3.5% | +3.2% | 11.1 | 7.2% |
|
RYAAY
Ryanair Holdings PLC
|
$28.83B | -24.1% | — | — | 0.5% |
|
LUV
Southwest Airlines Co
|
$21.21B | +0.2% | +3.7% | 27.4 | 6.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| ALK | -13.0% | -7.1% | -25.4% | -13.1% | -18.0% |
| SPY | -0.4% | +2.9% | +11.6% | +3.0% | +12.8% |
| vs SPY | -12.5% | -10.0% | -37.0% | -16.1% | -30.8% |
Capital returns
Latest dividend
$0.375
/ share · ex Feb 14, 2020
Paid (TTM)
$0.00
/ share · 0 payouts
Dividend yield (TTM, derived)
— · no payout in the trailing year
Buyback program
· as of Jun 30, 2026
Authorized
$1.00B
Spent (derived)
$820.00M
Remaining
$180.00M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
766421
CUSIP
011659109
13F (30d)
458 filings
438 filers
Visit website
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