ALK Alaska Air Group PE ratio, current and historical analysis

As at Apr 2, 2025, the ALK stock has a price-to-earnings ratio of 16.34. This is based on the current EPS of $3.13 and the stock price of $51.14 per share. A decrease of 22% has been recorded in the PE ratio compared to the average of 21.0 of the last four quarters.

ALK PE ratio history

How has ALK's PE ratio performed in the past

The mean historical PE ratio of Alaska Air Group over the last ten years is 44.19. The current 16.34 P/E ratio is 63% 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.

Today
16.34
Average
44.19
Median
15.59
Minimum
6.59
Maximum
732.5

Alaska Air Group PE ratio by year

Maximum annual increase: 584.38% in 2022

Maximum annual decrease: -77.26% in 2023

Year PE ratio PE change Price EPS
2024 20.69 -2.54% $64.75 $3.13
2023 21.23 -77.26% $39.07 $1.84
2022 93.35 584.38% $42.94 $0.46
2021 13.64 N/A $52.1 $3.82
2020 N/A N/A $52 -$10.72
2019 10.86 -36.64% $67.75 $6.24
2018 17.14 81.57% $60.85 $3.55
2017 9.44 -31.4% $73.51 $7.79
2016 13.76 12.97% $88.73 $6.45
2015 12.18 -8.9% $80.51 $6.61
2014 13.37 32.25% $59.76 $4.47
2013 10.11 4.66% $36.69 $3.63
2012 9.66 -12.02% $21.55 $2.23
2011 10.98 35.56% $18.77 $1.71
2010 8.1 -20.28% $14.17 $1.75

Alaska Air Group PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 20.69 16.24% $64.75 $3.13
Sep 2024 17.8 -22.44% $45.21 $2.54
Jun 2024 22.95 1.41% $40.4 $1.76
Mar 2024 22.63 6.59% $42.99 $1.9
Dec 2023 21.23 16.78% $39.07 $1.84
Sep 2023 18.18 -56.58% $37.08 $2.04
Jun 2023 41.87 -51.1% $53.18 $1.27
Mar 2023 85.63 -8.27% $41.96 $0.49
Dec 2022 93.35 -2.24% $42.94 $0.46
Sep 2022 95.49 291.03% $39.15 $0.41
Jun 2022 24.42 56.64% $40.05 $1.64
Mar 2022 15.59 14.3% $58.01 $3.72
Dec 2021 13.64 -98.14% $52.1 $3.82
Sep 2021 732.5 N/A $58.6 $0.08
Jun 2021 N/A N/A $60.31 -$4.96

ALK average PE ratio chart

What is the average PE ratio of ALK for the past years

Currently, ALK's PE ratio is lower than the 3, 5 and 10-year averages.

3-year avg
42.2
5-year avg
86.99
10-year avg
44.19
15-year avg
31.83

ALK PE vs peers

What is ALK's PE ratio compared to its peers

ALK's PE ratio stands lower than its peer stock LUV, but it is higher than DAL's and UAL's. Alaska Air Group's current PE ratio of 16.34 is higher than the average of its peers, which is 15.18.

Stock name PE ratio Market cap
UAL United Airlines Holdings Inc 7.45 $23.36B
DAL Delta Air Lines Inc 8.05 $28.02B
AAL American Airlines Group Inc 8.21 $6.96B
SKYW Skywest Inc 11.33 $3.66B
ALK Alaska Air Group Inc 16.34 $6.29B
LUV Southwest Airlines Co 40.85 $18.88B
JBLU Jetblue Airways Corp N/A $1.78B
ALGT Allegiant Travel CO N/A $1.02B

Frequently asked questions

What is Alaska Air Group's PE ratio?

As of Apr 2, 2025, ALK stock has a price to earnings ratio of 16.34.

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 42.2.

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 86.99.

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 63% 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 (Apr 2, 2025), Alaska Air Group's stock price is $51.14. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $3.13. Therefore, Alaska Air Group's PE ratio for today is 16.34. PE RATIO(16.34) = STOCK PRICE($51.14) / TTM EPS($3.13)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.