Alaska Air PE ratio ALK

Share price divided by earnings per share over the last twelve months, since 2011.

Today, Oct 23, 2026: n/m; losses over the last year
Last meaningful: 89.5×; Jul 2026
10-year median: 17.5×
10-year range: 3.8× to 134×
Peer median: 11.7×

Alaska Air has no meaningful PE ratio today: it lost $1.57 a share over the last twelve months, and a PE needs earnings.

It was last meaningful in Jul 2026, at 89.5×.

On the days it had one over the last ten years, its median was 17.5×, from 3.8× in Mar 2020 to 134× in Feb 2023.

PE ratio over time

median 17.5×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	89.5×	40.3×	102×
2025	41.5×	13.7×	41.9×
2024	26.5×	17.4×	28.6×
2023	19.5×	16.8×	134×
2022	107×	11.0×	118×
2021	n/m a value too high to mean anything
2020	84.2×	3.8×	92.4×
2019	13.9×	9.4×	18.4×
2018	9.4×	7.3×	11.8×
2017	11.8×	10.0×	16.0×
2016	12.4×	8.2×	12.7×
2015	13.1×	12.3×	17.7×
2014	15.3×	9.5×	15.3×
2013	10.8×	9.8×	15.3×
2012	9.2×	8.8×	13.2×
2011	11.3×	6.8×	11.4×

Against its peers

Companies in Airlines, Airports & Air Services nearest Alaska Air's size, closest first, today.

Company	PE ratio
ALKAlaska Air	n/m
SKYWSkywest	9.2×
ALGTAllegiant Travel CO	47.0×
VTOLBristow	11.7×
LUVSouthwest Airlines	26.4×
UALUnited Airlines	9.2×
Peer median	11.7×

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Alaska Air

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.