Alaska Air Group Inc
NYSE:ALK
Income Statement
Earnings Waterfall
Alaska Air Group Inc
Revenue
|
10.4B
USD
|
Cost of Revenue
|
-4.8B
USD
|
Gross Profit
|
5.6B
USD
|
Operating Expenses
|
-4.8B
USD
|
Operating Income
|
837m
USD
|
Other Expenses
|
-602m
USD
|
Net Income
|
235m
USD
|
Income Statement
Alaska Air Group Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
5 156
N/A
|
5 245
+2%
|
5 364
+2%
|
5 272
-2%
|
5 368
+2%
|
5 415
+1%
|
5 477
+1%
|
5 527
+1%
|
5 598
+1%
|
5 676
+1%
|
5 733
+1%
|
5 784
+1%
|
5 925
+2%
|
6 318
+7%
|
6 926
+10%
|
7 470
+8%
|
7 894
+6%
|
7 986
+1%
|
8 040
+1%
|
8 142
+1%
|
8 264
+1%
|
8 308
+1%
|
8 440
+2%
|
8 617
+2%
|
8 781
+2%
|
8 541
-3%
|
6 674
-22%
|
4 986
-25%
|
3 566
-28%
|
2 727
-24%
|
3 833
+41%
|
5 085
+33%
|
6 176
+21%
|
7 060
+14%
|
8 191
+16%
|
9 066
+11%
|
9 646
+6%
|
10 161
+5%
|
10 341
+2%
|
10 352
+0%
|
10 426
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 400)
|
(2 377)
|
(2 353)
|
(2 403)
|
(2 359)
|
(2 283)
|
(2 189)
|
(2 068)
|
(1 910)
|
(1 906)
|
(1 875)
|
(1 875)
|
(1 997)
|
(2 294)
|
(2 584)
|
(2 873)
|
(3 196)
|
(3 349)
|
(3 549)
|
(3 731)
|
(3 850)
|
(3 873)
|
(3 890)
|
(3 885)
|
(3 848)
|
(3 822)
|
(3 169)
|
(2 652)
|
(2 140)
|
(1 869)
|
(2 253)
|
(2 592)
|
(2 952)
|
(3 248)
|
(3 811)
|
(4 395)
|
(4 639)
|
(5 019)
|
(4 876)
|
(4 745)
|
(4 834)
|
|
Gross Profit |
2 756
N/A
|
2 868
+4%
|
3 011
+5%
|
2 869
-5%
|
3 009
+5%
|
3 132
+4%
|
3 288
+5%
|
3 459
+5%
|
3 688
+7%
|
3 770
+2%
|
3 858
+2%
|
3 909
+1%
|
3 928
+0%
|
4 024
+2%
|
4 342
+8%
|
4 597
+6%
|
4 698
+2%
|
4 637
-1%
|
4 491
-3%
|
4 411
-2%
|
4 414
+0%
|
4 435
+0%
|
4 550
+3%
|
4 732
+4%
|
4 933
+4%
|
4 719
-4%
|
3 505
-26%
|
2 334
-33%
|
1 426
-39%
|
858
-40%
|
1 580
+84%
|
2 493
+58%
|
3 224
+29%
|
3 812
+18%
|
4 380
+15%
|
4 671
+7%
|
5 007
+7%
|
5 142
+3%
|
5 465
+6%
|
5 607
+3%
|
5 592
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 918)
|
(1 953)
|
(2 007)
|
(2 019)
|
(2 053)
|
(2 073)
|
(2 120)
|
(2 174)
|
(2 333)
|
(2 420)
|
(2 416)
|
(2 478)
|
(2 499)
|
(2 685)
|
(2 922)
|
(3 154)
|
(3 368)
|
(3 471)
|
(3 550)
|
(3 591)
|
(3 633)
|
(3 669)
|
(3 722)
|
(3 796)
|
(3 828)
|
(3 845)
|
(3 559)
|
(3 340)
|
(3 130)
|
(2 947)
|
(3 070)
|
(3 209)
|
(3 464)
|
(3 636)
|
(3 890)
|
(4 123)
|
(4 357)
|
(4 487)
|
(4 620)
|
(4 702)
|
(4 755)
|
|
Selling, General & Administrative |
(1 370)
|
(1 390)
|
(1 423)
|
(1 429)
|
(1 451)
|
(1 493)
|
(1 521)
|
(1 554)
|
(1 657)
|
(1 689)
|
(1 717)
|
(1 749)
|
(1 769)
|
(1 916)
|
(2 096)
|
(2 276)
|
(2 434)
|
(2 523)
|
(2 594)
|
(2 640)
|
(2 663)
|
(2 674)
|
(2 702)
|
(2 778)
|
(2 846)
|
(2 856)
|
(2 650)
|
(2 480)
|
(2 303)
|
(2 169)
|
(2 262)
|
(2 370)
|
(2 563)
|
(2 683)
|
(2 871)
|
(3 018)
|
(3 225)
|
(3 328)
|
(3 447)
|
(3 542)
|
(3 575)
|
|
Depreciation & Amortization |
(271)
|
(272)
|
(277)
|
(285)
|
(294)
|
(300)
|
(306)
|
(312)
|
(320)
|
(332)
|
(345)
|
(365)
|
(363)
|
(365)
|
(363)
|
(357)
|
(372)
|
(376)
|
(383)
|
(387)
|
(398)
|
(410)
|
(418)
|
(425)
|
(423)
|
(425)
|
(427)
|
(426)
|
(420)
|
(409)
|
(400)
|
(394)
|
(394)
|
(399)
|
(405)
|
(410)
|
(415)
|
(417)
|
(426)
|
(435)
|
(451)
|
|
Other Operating Expenses |
(277)
|
(291)
|
(307)
|
(305)
|
(308)
|
(280)
|
(293)
|
(308)
|
(356)
|
(399)
|
(354)
|
(364)
|
(367)
|
(404)
|
(463)
|
(521)
|
(562)
|
(572)
|
(573)
|
(564)
|
(572)
|
(585)
|
(602)
|
(593)
|
(559)
|
(564)
|
(482)
|
(434)
|
(407)
|
(369)
|
(408)
|
(445)
|
(507)
|
(554)
|
(614)
|
(695)
|
(717)
|
(742)
|
(747)
|
(725)
|
(729)
|
|
Operating Income |
838
N/A
|
915
+9%
|
1 004
+10%
|
850
-15%
|
956
+12%
|
1 059
+11%
|
1 168
+10%
|
1 285
+10%
|
1 355
+5%
|
1 350
0%
|
1 442
+7%
|
1 431
-1%
|
1 429
0%
|
1 339
-6%
|
1 420
+6%
|
1 443
+2%
|
1 330
-8%
|
1 166
-12%
|
941
-19%
|
820
-13%
|
781
-5%
|
766
-2%
|
828
+8%
|
936
+13%
|
1 105
+18%
|
874
-21%
|
(54)
N/A
|
(1 006)
-1 763%
|
(1 704)
-69%
|
(2 089)
-23%
|
(1 490)
+29%
|
(716)
+52%
|
(240)
+66%
|
176
N/A
|
490
+178%
|
548
+12%
|
650
+19%
|
655
+1%
|
845
+29%
|
905
+7%
|
837
-8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(18)
|
(13)
|
(11)
|
(11)
|
(31)
|
(3)
|
3
|
9
|
(12)
|
12
|
14
|
12
|
(9)
|
(28)
|
(48)
|
(57)
|
(58)
|
(27)
|
(1)
|
(5)
|
(41)
|
(33)
|
(28)
|
(25)
|
(19)
|
11
|
(16)
|
(36)
|
(56)
|
(77)
|
(98)
|
(96)
|
(92)
|
(88)
|
(70)
|
(60)
|
(41)
|
(27)
|
(14)
|
(7)
|
(14)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
30
|
0
|
0
|
0
|
(32)
|
0
|
(46)
|
(68)
|
(117)
|
(156)
|
(166)
|
(167)
|
(116)
|
(108)
|
(123)
|
(122)
|
(132)
|
(127)
|
(96)
|
(79)
|
(44)
|
(181)
|
119
|
78
|
(97)
|
448
|
686
|
741
|
925
|
468
|
(208)
|
(462)
|
(580)
|
(569)
|
(615)
|
(534)
|
(461)
|
|
Total Other Income |
(4)
|
7
|
12
|
19
|
20
|
7
|
3
|
1
|
1
|
2
|
(2)
|
(2)
|
13
|
11
|
14
|
16
|
3
|
(8)
|
(9)
|
(18)
|
(23)
|
(21)
|
(27)
|
(23)
|
(26)
|
(11)
|
2
|
10
|
17
|
22
|
25
|
28
|
36
|
40
|
41
|
47
|
50
|
27
|
10
|
(10)
|
(39)
|
|
Pre-Tax Income |
816
N/A
|
909
+11%
|
1 005
+11%
|
858
-15%
|
975
+14%
|
1 063
+9%
|
1 174
+10%
|
1 295
+10%
|
1 312
+1%
|
1 364
+4%
|
1 408
+3%
|
1 373
-2%
|
1 316
-4%
|
1 166
-11%
|
1 220
+5%
|
1 235
+1%
|
1 159
-6%
|
1 023
-12%
|
808
-21%
|
675
-16%
|
585
-13%
|
585
N/A
|
677
+16%
|
809
+19%
|
1 016
+26%
|
693
-32%
|
51
-93%
|
(954)
N/A
|
(1 840)
-93%
|
(1 696)
+8%
|
(877)
+48%
|
(43)
+95%
|
629
N/A
|
596
-5%
|
253
-58%
|
73
-71%
|
79
+8%
|
86
+9%
|
226
+163%
|
354
+57%
|
323
-9%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(308)
|
(344)
|
(379)
|
(323)
|
(370)
|
(403)
|
(445)
|
(490)
|
(464)
|
(481)
|
(499)
|
(482)
|
(519)
|
(460)
|
(481)
|
(493)
|
(436)
|
(389)
|
(274)
|
(183)
|
(148)
|
(148)
|
(171)
|
(198)
|
(247)
|
(160)
|
6
|
258
|
516
|
473
|
265
|
56
|
(165)
|
(144)
|
(59)
|
(33)
|
(21)
|
(27)
|
(66)
|
(95)
|
(88)
|
|
Income from Continuing Operations |
508
|
565
|
626
|
535
|
605
|
660
|
729
|
805
|
848
|
883
|
909
|
891
|
797
|
706
|
739
|
742
|
723
|
634
|
534
|
492
|
437
|
437
|
506
|
611
|
769
|
533
|
57
|
(696)
|
(1 324)
|
(1 223)
|
(612)
|
13
|
464
|
452
|
194
|
40
|
58
|
59
|
160
|
259
|
235
|
|
Net Income (Common) |
508
N/A
|
565
+11%
|
626
+11%
|
535
-15%
|
605
+13%
|
660
+9%
|
729
+10%
|
805
+10%
|
848
+5%
|
883
+4%
|
909
+3%
|
891
-2%
|
797
-11%
|
706
-11%
|
739
+5%
|
742
+0%
|
960
+29%
|
871
-9%
|
771
-11%
|
729
-5%
|
437
-40%
|
437
N/A
|
506
+16%
|
611
+21%
|
769
+26%
|
533
-31%
|
57
-89%
|
(696)
N/A
|
(1 324)
-90%
|
(1 223)
+8%
|
(612)
+50%
|
13
N/A
|
478
+3 577%
|
466
-3%
|
208
-55%
|
54
-74%
|
58
+7%
|
59
+2%
|
160
+171%
|
259
+62%
|
235
-9%
|