Spirit's Big Fail: Oversized Planes Are Breaking Low-Cost Airlines
After Spirit Airlines vanished from the skies, its not-quite-sudden collapse raised questions about why the successful low-cost model, born in the U.S. airline industry, is failing.
Fiscal Year: January - December
Alaska Air Group, Inc. (ALK), listed on the NYSE, has a market capitalization of $4.28B. As of May 14, 2026, the stock is trading at $38.39 per share@else an unavailable price , offering investors a clear view of its current market value. Alaska Air Group, Inc. is a prominent player in the industry sector, attracting both institutional and retail investors due to its performance and potential.
With a P/E ratio of 62.51, investors can assess the stock's valuation in comparison to its earnings. A P/E ratio is a crucial indicator for value investors, showing whether the stock is over or undervalued relative to its current earnings. Alaska Air Group, Inc. also offers a dividend yield of N/A , making it an attractive option for income-focused investors who seek regular dividends.
Our Discounted Cash Flow (DCF) analysis reveals that Alaska Air Group, Inc. (ALK) may be undervalued compared to its intrinsic worth. However, to see the exact DCF fair value, please Login or Upgrade for access.
The proprietary SS Score for Alaska Air Group, Inc. is a unique metric that analyzes the company's financial health and growth potential. The score takes into account critical factors such as revenue growth, net income, free cash flow (FCF) compound annual growth rate (CAGR), the trend of shares outstanding, and the debt-to-FCF ratio. This helps investors to make a more informed decision, as an undervalued stock might still have poor financial fundamentals.
To view the detailed SS Score for Alaska Air Group, Inc., Login or Upgrade for access.
The Price to Free Cash Flow (P/FCF) ratio for Alaska Air Group, Inc. is N/A , offering insights into how much investors are paying for the company's free cash flow. A lower P/FCF ratio typically suggests that the stock is undervalued, while a higher ratio may indicate overvaluation.
In summary, Alaska Air Group, Inc. (ALK) has shown consistent financial performance, as illustrated by the financial charts above, which track its revenue growth, net income, free cash flow, and shares outstanding over the past several years. These metrics provide investors with key insights into the company's past and projected future performance. Investors should use the SS Score alongside the DCF Fair Value to make better-informed decisions about whether to buy or hold the stock.
*This analysis is for informational purposes only and does not constitute investment advice. Always read the company's 10-K filings and do your own research before making any investment decisions.
Whether Alaska Air Group, Inc. (ALK) is a good stock to buy depends on various factors, including its financial health, market conditions, and your investment strategy. Our analysis indicates that the stock may be undervalued compared to its intrinsic value. However, it is important to assess the SS Score and review the company's fundamentals before making any investment decisions.
The fair value of Alaska Air Group, Inc. (ALK) is determined through our Discounted Cash Flow (DCF) analysis. This value represents the intrinsic worth of the stock based on its expected future cash flows. To view the specific fair value, consider subscribing to our service for complete access.
The SS Score is a proprietary financial quality metric that assesses factors such as revenue growth, net income, free cash flow growth, and debt levels. It helps investors evaluate the overall financial health of Alaska Air Group, Inc.. To access the full SS Score, consider upgrading your subscription.
Alaska Air Group, Inc. is a significant player in the industry sector, with a market capitalization of $4.28B and a competitive P/E ratio of 62.51. Investors should compare these metrics with industry peers to gauge whether Alaska Air Group, Inc. is outperforming or underperforming within its sector.
After Spirit Airlines vanished from the skies, its not-quite-sudden collapse raised questions about why the successful low-cost model, born in the U.S. airline industry, is failing.
Three new routes from Santa Rosa to Phoenix, Salt Lake City and Boise, Idaho will start service in November Service between Long Beach, CA and Seattle will return after a decade-long hiatus with two d...
Airlines for America President and CEO Chris Sununu discusses the European jet fuel shortage, TSA staffing issues, recent air traffic close calls and more on 'Varney & Co.'
Alaska Air said on Wednesday it would raise $500 million through a debt offering as the airline looks to bolster liquidity as a war-driven surge in jet fuel prices erodes margins.
Boeing (BA) announced that Alaska Airlines (ALK) has signed a formal license agreement for Boeing’s Virtual Airplane during the World Aviation Training Summit held in Orlando, Florida. Alaska Airlines...
Citi downgraded Alaska Air (ALK) to Sell from Buy with a price target of $32, down from $51. The airline is “asymmetrically and unfavorably exposed” to higher fuel prices, the…
Citi downgraded Alaska Air (ALK) to Sell from Buy with a $32 price target
Japan's two biggest airlines, ANA Holdings and Japan Airlines (JAL), said on Thursday the Middle East conflict is keeping fuel costs elevated and the outlook uncertain.
Alaska Airlines launched its first-ever flight to Europe on Tuesday. It's part of a broader push into long-haul flying from Seattle, a market Delta dominates.
European airlines are facing their biggest challenge since the COVID-19 pandemic as the Iran war pushes up jet fuel prices and buffets travel through the Middle East, casting a shadow over the summe...
Alaska Airlines launches Seattle's first‑ever nonstop flight to Rome, celebrating its expansion into Europe and a major milestone in its growth as a global carrier. The seasonal, daily service begins ...
Membership connects Hawai'i to nearly 1,000 global destinations across more than 170 countries, making travel easier for visitors and residents Atmos™ Rewards members can earn and redeem points on all...
Hawaiian Airlines becomes oneworld's third US-based member airline Further strengthens alliance's network across the Pacific FORT WORTH, Texas, April 23, 2026 /PRNewswire/ -- oneworld® has welcomed Ha...
American Airlines is in preliminary discussions with Alaska Air Group to broaden their existing partnership, potentially by bringing Alaska into American's transatlantic and transpacific joint busin...
Hawaiian Airlines transitioned to the same Sabre (SABR) passenger service system used by Alaska Airlines (ALK), a significant integration milestone that provides guests flying with Alaska Airlines and...
The unified passenger service system will enable smoother booking and travel while unlocking the benefits of Atmos™ Rewards and a growing global network Guests can manage trips via the single Alaska H...
In a push for scale as the U.S. carriers face higher costs and tough competition, American Airlines (AAL) and Alaska Air (ALK) are pursuing potential revenue-sharing agreements and other strategic…
17:20 EDT American Airlines (AAL) to explore Alaska Air (ALK) revenue-sharing deal, Bloomberg says
Susquehanna lowered the firm’s price target on Alaska Air (ALK) to $50 from $55 and keeps a Positive rating on the shares. The firm updated its model following Q2 results…
BMO Capital raised the firm’s price target on Alaska Air (ALK) to $55 from $42.50 and keeps an Outperform rating on the shares after its Q1 earnings beat. Macro remains…
Below estimates were sourced from SimplyWallSt and are intended for educational purposes only as a baseline for the analysis.
| Year | FCF Estimate | % | # Analysts |
|---|---|---|---|
| 2026 | -369.44M | Analyst x2 | |
| 2027 | 443.89M | -220.15% | Analyst x4 |
| 2028 | 741.65M | 67.08% | Analyst x2 |
| 2029 | 1,700.00M | 129.22% | Analyst x1 |
| 2030 | 2,058.00M | 21.06% | Analyst x1 |
| 2031 | 2,263.90M | 10.01% | Est @10.0% |
| 2032 | 2,440.49M | 7.80% | Est @7.8% |
| 2033 | 2,593.14M | 6.25% | Est @6.3% |
| 2034 | 2,718.39M | 4.83% | Est @4.8% |
| 2035 | 2,830.47M | 4.12% | Est @4.1% |
Below are the FCF estimates with the discount factor and the calculated present value with the terminal value that led the results above.
| Year | FCF | Discount Factor | PV of Future FCF |
|---|---|---|---|
| 2024A | 183.00M | 1.00 | 183.00M |
| 2025A | -228.50M | 1.00 | -228.50M |
| 2026E | -369.44M | 1.08 | -342.37M |
| 2027E | 443.89M | 1.16 | 381.23M |
| 2028E | 741.65M | 1.26 | 590.28M |
| 2029E | 1.70B | 1.36 | 1.25B |
| 2030E | 2.06B | 1.46 | 1.41B |
| 2031E | 2.26B | 1.58 | 1.43B |
| 2032E | 2.44B | 1.70 | 1.43B |
| 2033E | 2.59B | 1.84 | 1.41B |
| 2034E | 2.72B | 1.98 | 1.37B |
| 2035E | 2.83B | 2.14 | 1.32B |
| Terminal | 53.67B | 2.14 | 25.08B |
The information given by Studying Stocks and provided in the web and/or mobile applications (Platforms) is only factual information and should not be considered financial advice.
Any information contained in this website has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.
When creating an account, you acknowledge that you are:
We retain the right to cancel your account for any reason, or refuse your account creation request.
The information on our Platforms is not comprehensive and is intended to provide a summary of the subject matter covered. While we use all reasonable attempts to ensure the accuracy and completeness of the data and information on our Platforms, to the extent permitted by law, we make no warranty regarding the information on these Platforms. You should monitor any changes to the information contained on these Platforms.
Furthermore we make no commitments in regards to the minimum amount of uptime that our platforms will maintain, although we will make ever reasonable attempt to ensure that the platforms are operational. Therefore, any reference of "latest", "current" and related words about the financial data presented here may not be up to date with the financial markets or represent reality of the information.
We are not liable to you or anyone else if interference with or damage to your computer systems occurs in connection with the use of these Platforms or a linked website. You must take your own precautions to ensure that whatever you select for your use from our Platforms is free of viruses or anything else (such as worms or Trojan horses) that may interfere with or damage the operations of your computer systems.
We may, from time to time and without notice, change or add to the Platforms (including the Terms) or the information, products or services described in it. However, we do not undertake to keep the Platforms updated. We are not liable to you or anyone else if errors occur in the information or the Platforms is not up-to-date.
Our Platforms may contain links to websites operated by third parties. Those links are provided for convenience and may not remain current or be maintained. Unless expressly stated otherwise, we do not endorse and are not responsible for the content on those linked websites and have no control over or rights in those linked websites.
These Platforms are for your personal, non-commercial use only. You may not modify, copy, distribute, transmit, display, perform, reproduce, publish, license, commercially exploit, create derivative works from, transfer, or sell any Content, software, products or services contained within these Platforms. You may not use these Platforms, or any of its Content, to further any commercial purpose, including any advertising or advertising revenue generation activity on your own website.
You must not do any act that we would deem to be inappropriate, is unlawful or is prohibited by any laws applicable to these Platforms, including but not limited to:
If we allow you to post any information to our Platforms, we have the right to take down this information at our sole discretion and without notice.
To the maximum extent permitted by law, we make no warranties or representations about these Platforms or the Content, including but not limited to warranties or representations that they will be complete, accurate or up-to-date, that access will be uninterrupted or error-free or free from viruses, or that these Platforms will be secure.
We reserve the right to restrict, suspend or terminate without notice your access to these Platforms, any Content, or any feature of these Platforms at any time without notice and we will not be responsible for any loss, cost, damage or liability that may arise as a result.
To the maximum extent permitted by law, in no event shall we be liable for any direct and indirect loss, damage or expense – irrespective of the manner in which it occurs – which may be suffered due to your use of our Platforms and/or the information or materials contained on it, or as a result of the inaccessibility of these Platforms and/or the fact that certain information or materials contained on it are incorrect, incomplete or not up-to-date.
This website utilises cookies. If you do not have cookies enabled in your web browser some functions of the site may not work as intended.