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ALK

Alaska Air Group, Inc.

$38.68

Earnings Summary

PE Ratio
21.5

Highlights

PE Ratio:

Alaska Air Group, Inc.’s price-to-earnings ratio after this Q2 2024 earnings stands at 21.5.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Alaska Air Group, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
1.72
EPS Estimate Current Year
1.72

Highlights

EPS Estimate Current Quarter:

Alaska Air Group, Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.72 - a -27.73% fall from last quarter’s estimates.

EPS Estimate Current Year:

Alaska Air Group, Inc.’s earning per share (EPS) estimates for the current year stand at 1.72.

Key Ratios

Key ratios of the Alaska Air Group, Inc. post its Q2 2024 earnings

Earning Per Share (EPS)
2.55
Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.06

Highlights

Earning Per Share (EPS):

Alaska Air Group, Inc.’s earning per share (EPS) fell -15% since last year same period to 2.55 in the Q2 2024. This indicates that the Alaska Air Group, Inc. has generated -15% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Alaska Air Group, Inc.’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Alaska Air Group, Inc.’s return on equity (ROE) stands at 0.06.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-03
-1.05
-0.92
12.38%
2024-07-17
2.38
2.55
7.14%