Alaska Air Group (ALK) fundamentals: P/E, valuation, undervalued?
Alaska Air Group · Industrials · ref. ETF XLI · price $42.2
In short — Alaska Air Group trades at —× earnings (P/E), 7.5× forward, with a net margin of -1.2 % and revenue growth of +10 %. Read: Not (yet) profitable (valued on growth, not earnings).
Is Alaska Air Group stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$42.2-33.2% over range
Aug 28, 25low $34.19 · high $63.86Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
91% recommend buying · 11 analysts
Valuation : Not (yet) profitable — valued on growth, not earnings
Valuation
—
P/E (price/earnings)
7.5
Forward P/E
—
PEG
1.3
Price/book (P/B)
$4.7B
Market cap
-1.61
EPS
Profitability & growth
-1.2 %
Net margin
+10 %
Revenue growth
—
Earnings growth
$7.6B
Total debt
Alaska Air Group income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2022 | $9.6B | $58M | 0.6 % |
| 2023 | $10.4B | $235M | 2.3 % |
| 2024 | $11.7B | $395M | 3.4 % |
| 2025 | $14.2B | $100M | 0.7 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is Alaska Air Group's P/E and is the stock undervalued? What's a good P/E?
Alaska Air Group's P/E is — (forward 7.5). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Not (yet) profitable".
Is Alaska Air Group profitable?
Alaska Air Group has a net margin of -1.2 % (EPS -1.61). The company is not (yet) profitable.
Is ALK stock expensive?
Our read: "Not (yet) profitable" — valued on growth, not earnings. Cross-check with growth and sector.
💬 A question about Alaska Air Group? The JPI assistant answers using our backtest data.