Company Information

  

Address: 19300 INTERNATIONAL BOULEVARD  
City: SEATTLE 
State: WA 
Zip Code: 98188 
Telephone: 206-392-5040 

Description of Business

Primary SIC Code: 4512
(As filed with the SEC)  

Air Group operates three airlines, Alaska, Virgin America and Horizon. McGee Air Services, an aviation services provider, is a wholly-owned subsidiary of Alaska. Together with regional partner airlines, we fly to 118 destinations with 1,200 daily departures through an expansive network across the United States, Mexico, Canada, and Costa Rica. With global airline partners, we provide our guests with a network of more than 900 destinations worldwide. During 2017, we carried an all-time high 44 million guests and earned consolidated net income of $1.0 billion, which represents a 27% increase over net income of $814 million in 2016. Our adjusted net income was $823 million, which excludes special items and merger-related costs of $118 million, and a $280 million benefit from new tax laws enacted in 2017. Our mission is "creating an airline people love." The "ing" is to recognize that we are never done; we are continually working to improve.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20187.670.3208.08
12/20178.350.3008.80
09/20176.220.30012.26
06/20176.150.30014.60
03/20175.870.30015.71
12/20166.54NA13.57
09/20167.140.2759.22
12/20156.56NA12.27

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-2.93Total Liab/Total Assets0.65
Net Inc/Total Assets0.10Total Liab/Inv Cap0.91
Net Inc/Inv Cap0.13Total Liab/Comm Equity-19.88
Pretax Inc/Net Sales0.15Interest Coverage Ratio15.03
Net Inc/Net Sales0.13Curr Debt/Equity0.08
Cash Flow/Net Sales0.20LTD/Equity0.61
SG&A/NetSales0.39Total Debt/Equity0.69
Asset Utilization   Liquidity  
Net Receivables Turnover24.67Quick Ratio0.77
Inventory Turnover59.25Current Ratio0.79
Inventory Day Sales0.15Net Rec/Curr Assets0.16
Net Sales/Work Cap-14.32Inv/Curr Assets0.03
Net Sales/PP&E1.26  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 1,832.00 1,962.00 2,120.00 2,111.00
Cost of Goods Sold 847.00 838.00 776.00 735.00
Selling & Admin Exps 856.00 835.00 786.00 759.00
Operating Income 29.00 162.00 439.00 502.00
Interest Exp 19.00 22.00 21.00 22.00
Pretax Income 6.00 149.00 427.00 489.00
Other Income -4.00 9.00 9.00 9.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 4.00 373.00 266.00 302.00

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 1,528.00 1,621.00 1,740.00 1,922.00
Receivables - Total 350.00 341.00 301.00 326.00
Inventories - Total 62.00 57.00 57.00 52.00
Total Current Assets 2,114.00 2,146.00 2,214.00 2,425.00
Net Property, Plant & Equipment 6,403.00 6,284.00 6,230.00 6,002.00
Total Assets 10,848.00 10,740.00 10,739.00 10,720.00
Liabilities        
Accounts Payable 834.00 1,456.00 1,328.00 1,382.00
Debt in Current Liabilities 387.00 307.00 334.00 337.00
Total Current Liabilities 2,992.00 2,700.00 2,765.00 2,974.00
Long-Term Debt 2,062.00 2,262.00 2,367.00 2,469.00
Total Liabilities 7,409.00 7,019.00 7,248.00 7,456.00
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 1.00 1.00 1.00 1.00
Retained Earnings 4,219.00 4,454.00 4,117.00 3,888.00
Treasury Stock -531.00 -518.00 -494.00 -466.00
Total Stockholders' Equity 3,439.00 3,721.00 3,491.00 3,264.00
Total Liabilities and Stockholders' Equity 10,848.00 10,740.00 10,739.00 10,720.00

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 306.00 233.00 273.00 614.00
Net Cash Provided by Investing Activities -164.00 10.00 -171.00 -483.00
Net Cash Provided by Financing Activities -156.00 -193.00 -156.00 -116.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20135,156.00508.003.58
12/20145,368.00605.004.42
12/20155,598.00848.006.56
12/20165,931.00814.006.54
12/20177,933.001,034.008.35
Growth Rates11.3719.4423.58

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/18610108,05987.67




Report Date : 6/11/2018

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