TTM
1.5%
YoY change
−2.73pp
Trough year (2020)
-49.8%
Peak year (2015)
23.2%
Latest annual
2.1%
Operating Margin history chart for Alaska Air Group (ALK) from 1985 to 2025
Latest: 2.1%
Operating Margin change chart for Alaska Air Group (ALK) from 1985 to 2025
Latest: −2.73pp
Operating Margin history table for Alaska Air Group (ALK) from 1985 to 2025
| 2025 | 2.1% | -2.73pp | ||
| 2024 | 4.9% | +1.08pp | ||
| 2023 | 3.8% | +3.05pp | ||
| 2022 | 0.7% | -10.37pp | ||
| 2021 | 11.1% | +60.87pp | ||
| 2020 | -49.8% | -61.88pp | ||
| 2019 | 12.1% | +4.32pp | ||
| 2018 | 7.8% | -7.52pp | ||
| 2017 | 15.3% | -6.72pp | ||
| 2016 | 22.0% | -1.17pp | ||
| 2015 | 23.2% | +5.27pp | ||
| 2014 | 17.9% | +1.67pp | ||
| 2013 | 16.3% | +4.01pp | ||
| 2012 | 12.2% | +1.84pp | ||
| 2011 | 10.4% | -1.91pp | ||
| 2010 | 12.3% | +4.44pp | ||
| 2009 | 7.9% | +12.57pp | ||
| 2008 | -4.7% | -10.75pp | ||
| 2007 | 6.0% | +8.66pp | ||
| 2006 | -2.6% | -2.37pp | ||
| 2005 | -0.2% | +2.68pp | ||
| 2004 | -2.9% | -2.48pp | ||
| 2003 | -0.5% | +3.54pp | ||
| 2002 | -4.0% | +1.69pp | ||
| 2001 | -5.7% | -4.74pp | ||
| 2000 | -0.9% | -10.55pp | ||
| 1999 | 9.6% | -1.52pp | ||
| 1998 | 11.1% | +3.13pp | ||
| 1997 | 8.0% | +2.40pp | ||
| 1996 | 5.6% | +0.24pp | ||
| 1995 | 5.4% | -0.35pp | ||
| 1994 | 5.7% | +7.19pp | ||
| 1993 | -1.5% | +7.02pp | ||
| 1992 | -8.5% | -11.64pp | ||
| 1991 | 3.1% | +0.41pp | ||
| 1990 | 2.7% | -4.90pp | ||
| 1989 | 7.6% | -1.04pp | ||
| 1988 | 8.7% | +3.84pp | ||
| 1987 | 4.8% | -3.24pp | ||
| 1986 | 8.1% | +0.89pp | ||
| 1985 | 7.2% | — |
- 20252.1%-2.73pp
- 20244.9%+1.08pp
- 20233.8%+3.05pp
- 20220.7%-10.37pp
- 202111.1%+60.87pp
- 2020-49.8%-61.88pp
- 201912.1%+4.32pp
- 20187.8%-7.52pp
- 201715.3%-6.72pp
- 201622.0%-1.17pp
- 201523.2%+5.27pp
- 201417.9%+1.67pp
- 201316.3%+4.01pp
- 201212.2%+1.84pp
- 201110.4%-1.91pp
- 201012.3%+4.44pp
- 20097.9%+12.57pp
- 2008-4.7%-10.75pp
- 20076.0%+8.66pp
- 2006-2.6%-2.37pp
- 2005-0.2%+2.68pp
- 2004-2.9%-2.48pp
- 2003-0.5%+3.54pp
- 2002-4.0%+1.69pp
- 2001-5.7%-4.74pp
- 2000-0.9%-10.55pp
- 19999.6%-1.52pp
- 199811.1%+3.13pp
- 19978.0%+2.40pp
- 19965.6%+0.24pp
- 19955.4%-0.35pp
- 19945.7%+7.19pp
- 1993-1.5%+7.02pp
- 1992-8.5%-11.64pp
- 19913.1%+0.41pp
- 19902.7%-4.90pp
- 19897.6%-1.04pp
- 19888.7%+3.84pp
- 19874.8%-3.24pp
- 19868.1%+0.89pp
- 19857.2%—
Operating Margin 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 Margin at Alaska Air Group (ALK)
According to Alaska Air Group's latest reported financial statements, the company's latest reported operating margin is 1.5%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Alaska Air Group (ALK) operating margin is 2.13% – contracted 2.7 percentage points year-over-year.
The record annual operating margin stands at 23.19%, reached in 2015; the historical low of -49.78% was recorded in 2020.
Alaska Air Group Operating Margin by Year
Alaska Air Group Operating Margin 2025: 2.1%
2025's operating margin for Alaska Air Group came in at 2.13%, contracted 2.7 percentage points from 2024.
Alaska Air Group Operating Margin 2024: 4.9%
Alaska Air Group posted operating margin of 4.86% in 2024, expanded 1.1 percentage points from 2023.
Alaska Air Group Operating Margin 2023: 3.8%
In 2023, Alaska Air Group reported operating margin of 3.78%, expanded 3.1 percentage points from 2022.
Alaska Air Group Operating Margin 2022: 0.7%
Alaska Air Group operating margin in 2022 was 0.73%, contracted 10.4 percentage points from 2021.
Alaska Air Group Operating Margin 2021: 11.1%
Alaska Air Group operating margin in 2021 was 11.09%.
See more financial history for Alaska Air Group (ALK).
Sector peers by Operating Margin
Industrials peers of Alaska Air Group (ALK), ranked by their latest operating margin
| 40.1% | |
| 18.5% | |
| 18.1% | |
| 17.9% | |
| 16.6% | |
| 14.9% | |
| 10.9% | |
| -5.9% |
- 40.1%
- 18.5%
- 17.9%
- 16.6%
- 10.9%
- -5.9%
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