ALK Alaska Air Group PE ratio, current and historical analysis
As at Dec 20, 2024, the ALK stock has a price-to-earnings ratio of 25.99. This is based on the current EPS of $2.54 and the stock price of $66.02 per share. An increase of 23% has been recorded in the PE ratio compared to the average of 21.2 of the last four quarters.
ALK PE ratio history
The mean historical PE ratio of Alaska Air Group over the last ten years is 43.13. The current 25.99 P/E ratio is 40% lower than the historical average. In the past ten years, ALK's PE ratio peaked in the Sep 2021 quarter at 732.5, with a price of $58.6 and an EPS of $0.08. The Mar 2020 quarter marked the lowest point at 6.59, with a price of $28.47 and an EPS of $4.32.
Alaska Air Group PE ratio by year
Maximum annual increase: 584.38% in 2022
Maximum annual decrease: -77.26% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 21.23 | -77.26% |
| 2022 | 93.35 | 584.38% |
| 2021 | 13.64 | N/A |
| 2020 | N/A | N/A |
| 2019 | 10.86 | -36.64% |
| 2018 | 17.14 | 81.57% |
| 2017 | 9.44 | -31.4% |
| 2016 | 13.76 | 12.97% |
| 2015 | 12.18 | -8.9% |
| 2014 | 13.37 | 32.25% |
ALK average PE ratio chart
Currently, ALK's PE ratio is lower than the 3, 5 and 10-year averages.
ALK PE vs peers
ALK's PE ratio stands lower than its peer stock AAL, but it is higher than DAL's and UAL's. Alaska Air Group's current PE ratio of 25.99 is higher than the average of its peers, which is 19.52.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DAL Delta Air Lines Inc | 8.39 | $39.32B |
| UAL United Airlines Holdings Inc | 11.61 | $32.03B |
| SKYW Skywest Inc | 16.91 | $4.11B |
| ALK Alaska Air Group Inc | 25.99 | $8.38B |
| AAL American Airlines Group Inc | 41.17 | $11.09B |
| JBLU Jetblue Airways Corp | N/A | $2.58B |
| ALGT Allegiant Travel CO | N/A | $1.55B |
| LUV Southwest Airlines Co | N/A | $19.96B |
Frequently asked questions
What is Alaska Air Group's PE ratio?
As of Dec 20, 2024, ALK stock has a price to earnings ratio of 25.99.
What is the 3-year average PE ratio for Alaska Air Group (ALK)?
As an average over the last 3 years, ALK stock has a PE ratio of 39.4.
What is the 5-year average PE ratio for Alaska Air Group (ALK)?
As an average over the last 5 years, ALK stock has a PE ratio of 81.35.
What is the highest PE ratio for ALK?
Over the last ten years, the quarterly PE ratio reached a historic high of 732.5 in the Sep 2021 quarter.
How does the current PE ratio for ALK compare to its historical average?
ALK's current price to earnings ratio is 40% below its 10-year historical average.
How is ALK's PE ratio calculated (Alaska Air Group PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Dec 20, 2024), Alaska Air Group's stock price is $66.02. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.54. Therefore, Alaska Air Group's PE ratio for today is 25.99. PE RATIO(25.99) = STOCK PRICE($66.02) / TTM EPS($2.54)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.