TTM
-$224M
YoY change
-46.8%
5Y CAGR
—
Peak year (FY2016)
$1.31B
Cumulative operating income
$9.48B
Operating Income history chart for Alaska Air Group (ALK) from 2016 to 2025
Latest: $303M
Operating Income growth chart for Alaska Air Group (ALK) from 2016 to 2025
Latest: -46.8%
Operating Income history table for Alaska Air Group (ALK) from 1985 to 2025
| FY2025 | $303M | -46.8% | -$267M | ||
| FY2024 | $570M | +44.7% | +$176M | ||
| FY2023 | $394M | +462.9% | +$324M | ||
| FY2022 | $70M | -89.8% | -$615M | ||
| FY2021 | $685M | -138.6% | +$2.46B | ||
| FY2020 | -$1.78B | -267.0% | -$2.84B | ||
| FY2019 | $1.06B | +65.3% | +$420M | ||
| FY2018 | $643M | -46.8% | -$565M | ||
| FY2017 | $1.21B | -7.5% | -$98M | ||
| FY2016 | $1.31B | +0.6% | +$8M | ||
| FY2015 | $1.3B | +34.9% | +$336M | ||
| FY2014 | $962M | +14.8% | +$124M | ||
| FY2013 | $838M | +47.0% | +$268M | ||
| FY2012 | $570M | +27.0% | +$121M | ||
| FY2011 | $449M | -4.8% | -$22.7M | ||
| FY2010 | $472M | +76.4% | +$204M | ||
| FY2009 | $267M | -255.3% | +$440M | ||
| FY2008 | -$172M | -181.2% | -$384M | ||
| FY2007 | $212M | -342.8% | +$299M | ||
| FY2006 | -$87.3M | +1079.7% | -$79.9M | ||
| FY2005 | -$7.4M | -90.7% | +$72.4M | ||
| FY2004 | -$79.8M | +618.9% | -$68.7M | ||
| FY2003 | -$11.1M | -87.5% | +$77.8M | ||
| FY2002 | -$88.9M | -27.0% | +$32.9M | ||
| FY2001 | -$122M | +491.3% | -$101M | ||
| FY2000 | -$20.6M | -110.3% | -$221M | ||
| FY1999 | $200M | -5.3% | -$11.1M | ||
| FY1998 | $211M | +51.8% | +$72M | ||
| FY1997 | $139M | +56.2% | +$50M | ||
| FY1996 | $89M | +17.3% | +$13.1M | ||
| FY1995 | $75.9M | +1.2% | +$902K | ||
| FY1994 | $75M | -546.4% | +$91.8M | ||
| FY1993 | -$16.8M | -82.3% | +$78.1M | ||
| FY1992 | -$94.9M | -374.3% | -$130M | ||
| FY1991 | $34.6M | +21.4% | +$6.1M | ||
| FY1990 | $28.5M | -59.2% | -$41.4M | ||
| FY1989 | $69.9M | -1.0% | -$700K | ||
| FY1988 | $70.6M | +105.8% | +$36.3M | ||
| FY1987 | $34.3M | -9.3% | -$3.5M | ||
| FY1986 | $37.8M | +21.5% | +$6.7M | ||
| FY1985 | $31.1M | — | — |
- FY2025$303M-46.8%
- FY2024$570M+44.7%
- FY2023$394M+462.9%
- FY2022$70M-89.8%
- FY2021$685M-138.6%
- FY2020-$1.78B-267.0%
- FY2019$1.06B+65.3%
- FY2018$643M-46.8%
- FY2017$1.21B-7.5%
- FY2016$1.31B+0.6%
- FY2015$1.3B+34.9%
- FY2014$962M+14.8%
- FY2013$838M+47.0%
- FY2012$570M+27.0%
- FY2011$449M-4.8%
- FY2010$472M+76.4%
- FY2009$267M-255.3%
- FY2008-$172M-181.2%
- FY2007$212M-342.8%
- FY2006-$87.3M+1079.7%
- FY2005-$7.4M-90.7%
- FY2004-$79.8M+618.9%
- FY2003-$11.1M-87.5%
- FY2002-$88.9M-27.0%
- FY2001-$122M+491.3%
- FY2000-$20.6M-110.3%
- FY1999$200M-5.3%
- FY1998$211M+51.8%
- FY1997$139M+56.2%
- FY1996$89M+17.3%
- FY1995$75.9M+1.2%
- FY1994$75M-546.4%
- FY1993-$16.8M-82.3%
- FY1992-$94.9M-374.3%
- FY1991$34.6M+21.4%
- FY1990$28.5M-59.2%
- FY1989$69.9M-1.0%
- FY1988$70.6M+105.8%
- FY1987$34.3M-9.3%
- FY1986$37.8M+21.5%
- FY1985$31.1M—
Operating Income values are taken from Alaska Air Group's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at Alaska Air Group (ALK)
According to Alaska Air Group's latest reported financial statements, the company's current operating income (TTM) is -$224M. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual operating income for Alaska Air Group (ALK) came in at $303M – plunged 46.8% year-over-year.
Alaska Air Group operating income compound annual growth for the 2015–2025 (10 years) window is -13.5%, with a net decline across the window.
Alaska Air Group operating income peaked at $1.31B in 2016; the latest annual figure is $303M in 2025 (76.8% below peak).
Across the available history, operating income reached its high of $1.31B in 2016 and its low of -$1.78B in 2020.
Alaska Air Group Operating Income by Year
Alaska Air Group Operating Income 2025: $303M
Alaska Air Group posted operating income of $303M in 2025, plunged 46.8% below 2024.
Alaska Air Group Operating Income 2024: $570M
In 2024, Alaska Air Group reported operating income of $570M, surged 44.7% from 2023.
Alaska Air Group Operating Income 2023: $394M
Alaska Air Group operating income in 2023 was $394M, surged 462.9% from 2022.
Alaska Air Group Operating Income 2022: $70M
2022's operating income for Alaska Air Group came in at $70M, plunged 89.8% below 2021.
Alaska Air Group Operating Income 2021: $685M
Alaska Air Group operating income in 2021 was $685M.
See more financial history for Alaska Air Group (ALK).
Sector peers by Operating Income
Industrials peers of Alaska Air Group (ALK), ranked by their latest operating income
| $11.2B | |
| $9.84B | |
| $9.3B | |
| $8.77B | |
| $8.42B | |
| $5.23B | |
| -$2.59B | |
| -$5.42B |
- $11.2B
- $9.84B
- $9.3B
- $8.77B
- $8.42B
- $5.23B
- -$2.59B
- -$5.42B
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How this company returns cash to shareholders — buybacks, dividends, and stock splits.