Alaska Air profit margin ALK
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- −1.2%
- Operating margin, 12 months
- −1.5%
- Net margin on a year earlier
- −3.5 pts
- Peer median
- 5.6%
Over the twelve months to Jun 30, 2026, Alaska Air kept −1.2% of its revenue as net profit, with an operating margin of −1.5%.
The median for 5 airline and airport stocks of a similar size is 5.6%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 0.7% | 2.1% |
| FY2024 | 3.4% | 4.9% |
| FY2023 | 2.3% | 3.8% |
| FY2022 | n/a | n/a |
| FY2021 | n/a | n/a |
| FY2020 | n/a | n/a |
| FY2019 | n/a | n/a |
| FY2018 | 5.3% | 7.8% |
| FY2017 | 12.2% | 15.3% |
| FY2016 | 13.7% | 22.7% |
| FY2015 | 15.1% | 23.2% |
| FY2014 | 11.3% | 17.9% |
| FY2013 | 9.9% | 16.3% |
| FY2012 | 6.8% | 11.4% |
| FY2011 | 5.7% | 10.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −1.2% | −3.5 pts | −1.5% | |
| Q1 FY26 | 0.5% | −2.3 pts | 1.5% | |
| Q4 FY25 | 0.7% | −2.7 pts | 2.1% | |
| Q3 FY25 | 1.1% | −1.9 pts | 2.1% | |
| Q2 FY25 | 2.3% | +0.2 pts | 3.7% | |
| Q1 FY25 | 2.9% | +0.5 pts | 4.3% | |
| Q4 FY24 | 3.4% | +1.1 pts | 4.9% | |
| Q3 FY24 | 3.0% | n/a | 4.9% | |
| Q2 FY24 | 2.1% | n/a | 3.8% | |
| Q1 FY24 | 2.3% | n/a | 4.0% | |
| Q4 FY23 | 2.3% | n/a | 3.8% | |
| Q3 FY23 | n/a | n/a | n/a |
Against its peers
Companies in Airlines, Airports & Air Services nearest Alaska Air's size, closest first, today.
| Company | Profit margin |
|---|---|
| ALKAlaska Air | −1.2% |
| SKYWSkywest | 9.8% |
| ALGTAllegiant Travel CO | 0.9% |
| VTOLBristow | 6.7% |
| LUVSouthwest Airlines | 2.8% |
| UALUnited Airlines | 5.6% |
| Peer median | 5.6% |
Where Alaska Air ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Alaska Air
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.