Operating Income for Alaska Air Group (ALK)
According to Alaska Air Group's latest reported financial statements, the company's current operating income (TTM) is $221.00M USD. 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 .
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TTM (last 4 quarters)
$221.00M
YoY change
-46.8%
5Y CAGR
N/A
Peak year (2016)
$1.31B
Cumulative operating income
$9.93B
Operating Income history chart for Alaska Air Group (ALK) from 1985 to 2025
Operating Income history table for Alaska Air Group (ALK) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $303.00M | -46.8% | ||
| 2024 | $570.00M | +44.7% | ||
| 2023 | $394.00M | +462.9% | ||
| 2022 | $70.00M | -89.8% | ||
| 2021 | $685.00M | -138.6% | ||
| 2020 | -$1.77B | -267.0% | ||
| 2019 | $1.06B | +65.3% | ||
| 2018 | $643.00M | -46.8% | ||
| 2017 | $1.21B | -7.5% | ||
| 2016 | $1.31B | +0.6% | ||
| 2015 | $1.30B | +34.9% | ||
| 2014 | $962.00M | +14.8% | ||
| 2013 | $838.00M | +47.0% | ||
| 2012 | $570.00M | +27.0% | ||
| 2011 | $448.90M | -4.8% | ||
| 2010 | $471.60M | +76.4% | ||
| 2009 | $267.40M | -255.3% | ||
| 2008 | -$172.20M | -181.2% | ||
| 2007 | $212.00M | -342.8% | ||
| 2006 | -$87.30M | +1079.7% | ||
| 2005 | -$7.40M | -90.7% | ||
| 2004 | -$79.80M | +618.9% | ||
| 2003 | -$11.10M | -87.5% | ||
| 2002 | -$88.90M | -27.0% | ||
| 2001 | -$121.80M | +491.3% | ||
| 2000 | -$20.60M | -110.3% | ||
| 1999 | $199.90M | -5.3% | ||
| 1998 | $211.00M | +51.8% | ||
| 1997 | $139.00M | +56.2% | ||
| 1996 | $89.00M | +17.3% | ||
| 1995 | $75.90M | +1.2% | ||
| 1994 | $75.00M | -546.4% | ||
| 1993 | -$16.80M | -82.3% | ||
| 1992 | -$94.90M | -374.3% | ||
| 1991 | $34.60M | +21.4% | ||
| 1990 | $28.50M | -59.2% | ||
| 1989 | $69.90M | -1.0% | ||
| 1988 | $70.60M | +105.8% | ||
| 1987 | $34.30M | -9.3% | ||
| 1986 | $37.80M | +21.5% | ||
| 1985 | $31.10M | — |
Operating Income values are taken from Alaska Air Group's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual operating income for Alaska Air Group (ALK) came in at $303.00M – 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 $303.00M in 2025 (76.8% below peak).
Across the available history, operating income reached its high of $1.31B in 2016 and its low of -$1.77B in 2020.
Among 8 Industrials peers, Alaska Air Group (ALK) ranks 8th; the peer median for operating income is $8.59B.
Alaska Air Group Operating Income by Year
Alaska Air Group Operating Income 2025: $303.00M
Alaska Air Group operating income in 2025 was $303.00M, plunged 46.8% below 2024.
Alaska Air Group Operating Income 2024: $570.00M
Alaska Air Group operating income in 2024 was $570.00M, surged 44.7% from 2023.
Alaska Air Group Operating Income 2023: $394.00M
Alaska Air Group operating income in 2023 was $394.00M, surged 462.9% from 2022.
Alaska Air Group Operating Income 2022: $70.00M
Alaska Air Group operating income in 2022 was $70.00M, plunged 89.8% below 2021.
Alaska Air Group Operating Income 2021: $685.00M
Alaska Air Group operating income in 2021 was $685.00M.
See more financial history for Alaska Air Group (ALK).
Sector peers — Operating Income
Companies in the same sector as Alaska Air Group, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $11.21B | Industrials |
| Union Pacific Corporation (UNP) | $9.84B | Industrials |
| RTX Corporation (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Deere & Company (DE) | $8.42B | Industrials |
| Honeywell International Inc. (HON) | $6.57B | Industrials |
| Eaton Corporation plc (ETN) | $5.23B | Industrials |
| The Boeing Company (BA) | -$5.42B | Industrials |
Frequently asked questions
What is Alaska Air Group's operating income?
- Latest reported operating income for Alaska Air Group (ALK) is $221.00M (period ending March 31, 2026).
How has Alaska Air Group operating income changed year-over-year?
- Alaska Air Group (ALK) operating income changed -46.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Alaska Air Group operating income?
- Alaska Air Group (ALK) operating income compound annual growth rate is -13.5% over the most recent 10 years available.
When did Alaska Air Group operating income hit its highest annual value?
- Alaska Air Group operating income reached its highest annual value of $1.31B in 2016.
What was Alaska Air Group operating income in 2024?
- Alaska Air Group (ALK) operating income in 2024 was $570.00M.
What was Alaska Air Group operating income in 2025?
- Alaska Air Group (ALK) operating income in 2025 was $303.00M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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