How Alaska Air Group (ALK) Makes Money: A Visual Guide

Alaska Air Group (ALK) generated $14.24B in revenue (TTM through Q4 2025), earning $100.00M in net profit (0.7% margin). Its largest revenue source is Alaska Airlines Segment (50.9% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Alaska Air Group (ALK) Income Statement Flow

Frequently asked questions

How does Alaska Air Group (ALK) make money?

Alaska Air Group (ALK) primarily makes money through Alaska Airlines Segment, which accounts for 50.9% of total revenue. For TTM through Q4 2025, Alaska Air Group generated $14.24B in total revenue with a net profit margin of 0.7%.

What is Alaska Air Group (ALK) gross profit margin?

Alaska Air Group (ALK) reported a gross profit margin of 59.7% for TTM through Q4 2025, equivalent to $8.49B in gross profit. This means Alaska Air Group retains 59.7% of each revenue unit after direct costs of production.

What is Alaska Air Group (ALK) operating profit margin?

Alaska Air Group (ALK) reported an operating profit margin of 2.1% for TTM through Q4 2025, equivalent to $303.00M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Alaska Air Group (ALK) net profit margin?

Alaska Air Group (ALK) reported a net profit margin of 0.7% for TTM through Q4 2025, equivalent to $100.00M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Alaska Air Group (ALK) spend on capital expenditures?

Alaska Air Group (ALK) spent $1.59B on capital expenditures in TTM through Q4 2025 (11.2% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Alaska Air Group (ALK) free cash flow?

Alaska Air Group (ALK) generated −$339.00M in free cash flow for TTM through Q4 2025 (-2.4% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Alaska Air Group (ALK) effective tax rate?

Alaska Air Group (ALK) had an effective tax rate of 31.5% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?

A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.

How is the data calculated?

We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.

When was this data last updated?

Based on company filings through TTM through Q4 2025.