Suggestions

ALK · NYSE

ALASKA AIR GROUP INC

Private beta

Sector unavailable · Industry unavailable

$41.16

+2.62%

Close on Sep 11, 2026

Insufficient Data

Updated 12/22/2023

Long-term research evidence only. No price targets, no trading signals, no recommendations.

Investment Report Card

ALASKA AIR GROUP INC

Sector unavailable · Data confidence partial

27 / 100

Rank #626 of 1,152 qualified companies

Top 91% · Not Currently Suggested

Risk Intelligence

Core Model
D+

54 / 100

Insufficient Data

How strong and defensively sound is the company?

Weaker than most covered companies on this measure.

Long-Term Potential

Research Model
C−

55 / 100

Insufficient Data

Does the business have the characteristics needed to create value over many years?

Around the middle of the covered universe.

Fundamental Momentum

Research Model
F

11 / 100

Insufficient Data

Is the underlying business getting stronger or weaker?

Weaker than most covered companies on this measure.

Ownership Intelligence

Supplemental Intelligence
B−

71 / 100

Positive disclosed activity

What are important owners actually doing?

Above average on this measure.

Valuation Intelligence

Research Model
A

92 / 100

Very Attractive

Is today's price reasonable?

Among the strongest readings on this measure — and valuation is researched separately from the Suggested Investment Score.

Capital Returns Intelligence

Research Model
B

76 / 100

Strong Capital Returns

How effectively does the company reward shareholders?

Above average on this measure — and capital returns are researched separately from the Suggested Investment Score.

Why it stands out

  • More disclosed holders are new or increasing than reducing or exiting.
  • Attractive valuation: the stock reads 92 out of 100 on Valuation Intelligence (Very Attractive) relative to its own history and comparable companies.

What holds it back

No weakening evidence is recorded in today's readings.

Long-term view

ALASKA AIR GROUP INC scores 55 on Long-Term Potential (C−), described by the research model as insufficient data. This describes business characteristics only — it is not a forecast of future returns.

Ownership view

Disclosed ownership evidence reads 71 (B−): Positive disclosed activity. 3 tracked managers disclosed a position in the latest reporting period. Ownership filings are historical disclosures, not signals.

Valuation view

ALASKA AIR GROUP INC reads 92 out of 100 on Valuation Intelligence, recorded as Very Attractive. The stock currently trades below most of its own recent valuation history and below comparable companies. This describes the price being paid relative to the company's financials — it is not a forecast and not a fair value. Valuation Intelligence is a research model and contributes nothing to the Suggested Investment Score or the daily ranking.

Capital returns view

ALASKA AIR GROUP INC reads 76 out of 100 on Capital Returns Intelligence (Strong Capital Returns), reflecting a dividend that has grown about 20.1% a year and a share count falling about 2.6% a year. Capital Returns Intelligence is a research model and contributes nothing to the Suggested Investment Score or the daily ranking.

What changed

No meaningful recorded changes in the stored history.

Risk Intelligence is a core model, Long-Term Potential, Fundamental Momentum, Valuation Intelligence and Capital Returns Intelligence are research models, and Ownership Intelligence is supplemental descriptive evidence. Valuation Intelligence and Capital Returns Intelligence each contribute 0% to the Suggested Investment Score. Nothing here is a recommendation.

Compare ALK with other companies

Appears in

Rule-based membership

Membership means the company satisfied a published rule on the latest research build. It is not a recommendation.

About a minute to read

The 60-Second Investment Brief

Written from stored research readings only. No hype. No trading signals. Just better evidence.

Why it's interesting

ALASKA AIR GROUP INC (ALK) scores 27 out of 100 and ranks #626 of 1,152 qualified companies today. That places it in the top 91% of ranked companies. The stored tier for that score is not currently suggested.

Business strength

Risk Intelligence reads 54 out of 100 (D+), recorded as insufficient data. Weaker than most covered companies on this measure.

Long-term opportunity

Long-Term Potential reads 55 out of 100 (C−), recorded as insufficient data. Around the middle of the covered universe.

What's improving or weakening

Fundamental Momentum reads 11 out of 100 (F), recorded as insufficient data. Weaker than most covered companies on this measure.

What important owners are doing

Ownership Intelligence reads 71 out of 100 (B−), recorded as positive disclosed activity. Above average on this measure.

What kind of price you'd be paying

Valuation currently appears favourable: Valuation Intelligence reads 92 out of 100 (A), recorded as Very Attractive. ALASKA AIR GROUP INC reads 92 out of 100 on Valuation Intelligence, recorded as Very Attractive. The stock currently trades below most of its own recent valuation history and below comparable companies. This describes the price being paid relative to the company's financials — it is not a forecast and not a fair value. Valuation Intelligence is a research model and contributes nothing to the Suggested Investment Score or the daily ranking.

How the company rewards shareholders

Capital Returns Intelligence reads 76 out of 100 (B), recorded as Strong Capital Returns. ALASKA AIR GROUP INC reads 76 out of 100 on Capital Returns Intelligence (Strong Capital Returns), reflecting a dividend that has grown about 20.1% a year and a share count falling about 2.6% a year. Capital Returns Intelligence is a research model and contributes nothing to the Suggested Investment Score or the daily ranking.

What could go wrong

No weakening factors are recorded in today's stored readings, and data confidence is partial. Absence of a recorded weakness is not evidence of safety.

Bottom line

No individual layer reaches the strongest band today. Risk Intelligence and Long-Term Potential and Fundamental Momentum remain the main area to watch. Separately from the score, valuation reads very attractive at today's price.

Composite discovery model

Suggested Investment Score

Suggested Investment Score

27 / 100

Not Currently Suggested

A 0–100 composite discovery score combining Risk Intelligence, Long-Term Potential, Fundamental Momentum, and Ownership Intelligence. It helps rank qualified companies for further research and does not predict future returns.

Rank
#626 of 694
Percentile
Top 91%
Ranking updated
September 12, 2026
Rank unchanged. Rank unchanged.
Risk Intelligence
54

30% contribution

Long-Term Potential
55

30% contribution

Fundamental Momentum
11

20% contribution

Ownership Intelligence
71

20% contribution

Ownership Intelligence

71 / 100 · Positive · 20% of the Suggested Investment Score

SUPPLEMENTAL / DESCRIPTIVE INTELLIGENCE

Coverage: Good

Elite Investor Activity
67 · Positive

50% of Ownership Intelligence · 10% of the total score

Tracked professional-manager activity is positive.

Institutional Activity
83 · Strong

20% of Ownership Intelligence · 4% of the total score

Broad institutional evidence from resolved filings is strong.

Insider Activity
Insufficient Data

15% of Ownership Intelligence · 3% of the total score

No discretionary insider transactions are stored for this company, so this evidence is unavailable rather than neutral.

Strategic Ownership
Insufficient Data

15% of Ownership Intelligence · 3% of the total score

No qualifying major-holder filings are stored, so this evidence is unavailable rather than neutral.

Ownership Intelligence summarizes publicly disclosed activity among professional investment managers, broader institutions, company insiders, and significant strategic owners. It adds context to investment research but is not a validated predictor of future performance. Ownership information is publicly reported with a delay; the latest applicable reporting period is 2026-06-30, publicly disclosed 9/11/2026. Congressional activity is unavailable pending legal review and contributes nothing to this reading.

Why it ranks here

No component ranks in the top quartile of the qualified universe.

What holds it back

  • Risk Intelligence is less favourable

    Defensive characteristics rank below the middle of the qualified universe.

  • Fundamental Momentum is softer

    Reported business trends rank below the qualified median.

  • Ownership evidence is not uniformly supportive

    The combined disclosed ownership evidence ranks below the qualified median.

  • Price Risk is less favourable

    Price Risk sits in the higher category relative to other qualified companies.

COMPOSITE DISCOVERY MODEL — RESEARCH STAGE · Data coverage Excellent. Rankings are recalculated daily using the latest available information. Individual components may update at different frequencies based on when new financial and ownership data becomes available.

Researched separately

Valuation Intelligence 92 · Very Attractive

RESEARCH MODEL

Valuation Intelligence is currently researched separately and does not affect the Suggested Investment Score or daily ranking.

Researched separately

Capital Returns Intelligence 76 · Strong Capital Returns

RESEARCH MODEL

Capital Returns Intelligence is researched separately and contributes 0% to the Suggested Investment Score, the daily rank or any ranking event.

Score explanation

Why this company scores the way it does

Four research areas carry fixed weights. Each area is compared against every other eligible company, then weighted. The four contributions below add to 26.9 of the stored score (26.9).

  • Risk Intelligence

    30% of the score · contributes 3.4 points

    How strong and defensively sound is the company?

    Stands at the 11 percentile of eligible companies · stored reading 54 · 12% of this company’s total score

    How financially sturdy the company has been when conditions turned against it.

    How this area is measured

    Risk Intelligence reads stored balance-sheet strength, historical downside behaviour and the company's price-risk grouping. A stronger reading describes past resilience; it does not protect against future losses.

    Full methodology
  • Long-Term Potential

    30% of the score · contributes 15.8 points

    Does the business have the characteristics needed to create value over many years?

    Stands at the 53 percentile of eligible companies · stored reading 55 · 59% of this company’s total score

    Whether the business has the durable characteristics long-term owners look for.

    How this area is measured

    Long-Term Potential reads durability characteristics such as profitability consistency, cash generation and reinvestment capability over multiple reported periods.

    Full methodology
  • Fundamental Momentum

    20% of the score · contributes 0.3 points

    Is the underlying business getting stronger or weaker?

    Stands at the 2 percentile of eligible companies · stored reading 11 · 1% of this company’s total score

    Whether the reported business results have been getting stronger or weaker.

    How this area is measured

    Fundamental Momentum compares recent reported fundamentals with the company's own earlier periods, so improvement or deterioration is measured against its history rather than against a forecast.

    Full methodology
  • Ownership Intelligence

    20% of the score · contributes 7.5 points

    What are important owners actually doing?

    Stands at the 38 percentile of eligible companies · stored reading 71 · 28% of this company’s total score

    What large reporting owners have actually been doing with their positions.

    How this area is measured

    Ownership Intelligence reads public ownership filings: how many tracked reporting owners hold the company, and whether they were adding, holding, reducing or exiting in the latest disclosed period.

    Full methodology

What is helping the score

No research area currently stands in the stronger half of eligible companies.

What deserves attention

  • Fundamental Momentum2 percentile, adding only 0.3 of a possible 20 points.
  • Risk Intelligence11 percentile, adding only 3.4 of a possible 30 points.
  • Ownership Intelligence38 percentile, adding only 7.5 of a possible 20 points.
Outside the score

Additional research — not currently included in the primary Suggested Investment Score.

  • Valuation IntelligenceALASKA AIR GROUP INC reads 92 out of 100 on Valuation Intelligence, recorded as Very Attractive. The stock currently trades below most of its own recent valuation history and below comparable companies. This describes the price being paid relative to the company's financials — it is not a forecast and not a fair value.
  • Capital Returns IntelligenceALASKA AIR GROUP INC reads 76 out of 100 on Capital Returns Intelligence (Strong Capital Returns), reflecting a dividend that has grown about 20.1% a year and a share count falling about 2.6% a year.

Stored snapshots only

What changed

Research-score history available since September 2026.

Stored research history does not yet cover a full 30 days comparison for this company.

A change is reported as meaningful at 8 score points, 5 rank places, or any change of research classification. Nothing here is a recommendation to buy or sell.

Learn the metrics on this page

Plain-English definitions, with the formula and the limitations of each measure.

Fifth research lens · outside the score

Valuation Intelligence

Valuation Intelligence

Is today's price reasonable?

Valuation Intelligence is currently researched separately and does not affect the Suggested Investment Score or daily ranking.

92/ 100

Very Attractive

RESEARCH MODEL
Excellent coverage

Compared with its history

87

Very Attractive

Is this company expensive or inexpensive compared with its own history?

Compared with peers

84

Very Attractive

How expensive is this stock compared with similar companies?

Earnings & cash flow

100

Very Attractive

How much financial output does an investor receive relative to the price paid?

Growth-adjusted

100

Very Attractive

Does the company's growth help justify the valuation investors are paying?

ALASKA AIR GROUP INC reads 92 out of 100 on Valuation Intelligence, recorded as Very Attractive. The stock currently trades below most of its own recent valuation history and below comparable companies. This describes the price being paid relative to the company's financials — it is not a forecast and not a fair value.

Price data through September 11, 2026 · Financial data through the quarter ended June 30, 2026

Valuation history

Stored readings only. The dashed line is this company's own median for the selected measure.

Only one stored valuation reading exists so far, so there is nothing to chart yet. Valuation history builds forward from activation rather than being reconstructed.

Current EV/Sales 0.8x · own median 1.2x · peer median 1.5x

Valuation is inherently uncertain. A stock that appears inexpensive can continue falling, and a stock that appears expensive can continue rising. Valuation Intelligence provides context about the price investors are paying — it does not predict short-term market movements, and it never produces a fair value, a price target or a buy or sell range. Model VALUATION_INTELLIGENCE_V1.

Sixth research lens · outside the score

Capital Returns Intelligence

Capital Returns Intelligence

How effectively does the company reward shareholders?

Capital Returns Intelligence is researched separately and contributes 0% to the Suggested Investment Score, the daily rank or any ranking event.

76/ 100

Strong Capital Returns

RESEARCH MODEL
Excellent coverage

Dividend Quality

51

Moderate Capital Returns

Dividend reliability

Buyback Effectiveness

97

Exceptional Capital Returns

Do buybacks actually reduce shares?

Dilution Control

75

Strong Capital Returns

Is your ownership share protected?

Capital Return Sustainability

93

Exceptional Capital Returns

Can the cash flow support it?

Shareholder Yield

56

Moderate Capital Returns

Cash returned versus company value

ALASKA AIR GROUP INC reads 76 out of 100 on Capital Returns Intelligence (Strong Capital Returns), reflecting a dividend that has grown about 20.1% a year and a share count falling about 2.6% a year.

How returned cash was used

Dividends $0.00 · net repurchases $285.00M · total returned $285.00M

Price data through September 11, 2026 · Financial data through the quarter ended June 30, 2026

Capital returns history

Stored readings only. History builds forward from activation rather than being reconstructed.

Only one stored reading exists for this measure so far, so there is nothing to chart yet.

Why higher yield isn't always better

A very high dividend yield may reflect a falling share price or an unsustainable payout. Capital Returns Intelligence emphasizes consistency and sustainability rather than simply rewarding the highest yield.

Why buybacks can be misleading

Announced or gross buyback spending does not always mean shareholders are gaining ownership. Companies can simultaneously issue shares through employee compensation or acquisitions. Suggested Investments therefore considers actual share-count changes alongside repurchase spending.

What these terms mean
Dividend Yield
The annual dividend relative to the current share price.
Payout Ratio
The share of company earnings used to pay dividends.
Free Cash Flow Payout
How much of the company's available cash is being used for dividends.
Share Repurchases
When a company buys back its own stock.
Dilution
When the number of shares increases, reducing each existing share's percentage ownership of the company.
Shareholder Yield
A combined view of dividends and net share repurchases relative to the company's market value.

Capital Returns Intelligence describes how a company returns capital to shareholders. It is not a measure of stock-price performance, it does not predict future returns, and a strong reading is never a recommendation to buy. Dividends and repurchases can be reduced or stopped at any time. Model CAPITAL_RETURNS_INTELLIGENCE_V1, contributing 0% to the Suggested Investment Score.

Stored daily snapshots only

Ranking history

Stored Suggested Investment ranking history
Today#626Score 27
30 days agoNot rankedNo stored score
90 days agoNot rankedNo stored score
First suggestedNot yet suggested
Highest rank#626

In the company’s own words

What this company does

Alaska Air Group, Inc. ("Air Group" or the "Company") is a Delaware corporation incorporated in 1985. Air Group operated three airlines, Alaska Airlines, Hawaiian Airlines, and Horizon Air, through October 29, 2025. On that date, Alaska Airlines' and Hawaiian Airlines' operations were combined under Alaska's Federal Aviation Administration (FAA) operating certificate. Hawaiian Airlines is preserved as a distinct brand, providing a unique guest experience to guests traveling to, from, or within the Hawaiian Islands. Alaska Airlines was organized in 1932 and incorporated in 1937 in the state of Alaska. Hawaiian Airlines was originally incorporated in 1929 in the Territory of Hawai'i, and has been a Delaware corporation and wholly-owned subsidiary of Hawaiian Holdings, Inc. since 2005. Hawaiian Holdings, Inc. was acquired by Air Group in 2024. Horizon Air is a Washington corporation that was incorporated and began service in 1981, and was acquired by Air Group in 1986. Air Group acquired Virgin America in 2016, then legally merged the entity with Alaska in 2018, at which time the airlines' operating certificates were also combined. The Company also includes McGee Air Services, an aviation services provider that was established as a wholly-owned subsidiary of Alaska in 2016, and other subsidiaries.

Alaska and Hawaiian - includes scheduled air transportation of passengers and cargo on Boeing 737 (B737), Boeing 787 (B787), Boeing 717 (B717), Airbus A330 (A330), Airbus A321neo (A321neo), and Airbus A330-300F (A330-300F) aircraft throughout North America, Latin America, Asia, and the Pacific.

Regional - includes scheduled air transportation of passengers on Horizon and a third-party carrier (SkyWest) on Embraer E175 (E175) aircraft throughout the western region of North America. All capacity is sold to Alaska under capacity purchase agreements (CPA).

Alaska is the fourth largest global carrier in the United States, and the fifth largest provider of air transportation, offering unparalleled guest service, connectivity, and schedules from hubs in Seattle, Honolulu, Portland, Anchorage, Los Angeles, San Diego, and San Francisco. With our regional partners, we fly to more than 140 destinations throughout North America, Latin America, Asia, and the Pacific. We will serve Europe beginning in spring 2026. Alaska is a member of the one world alliance. With one world and other global partners, our guests have access to more than 900 destinations in 170 territories. Starting in spring 2026, Alaska's one world benefits will extend to guests traveling on Hawaiian-branded aircraft. We have operated in a highly competitive and often challenging industry for more than 90 years. Our airlines' top priority is ensuring the safety of our guests and employees, an area we continually invest in. Our success over many decades is attributable to the prioritization of safety as our number one value, as well as our people, business model, and commitment to sustainable growth over the long-term.

Quoted from the business section of this company’s 10-K filed February 12, 2026. Read the filing

Four distinct intelligence areas

The IA view

Risk Intelligence

Production core

54

Fundamentally Qualified

No prior period to compare

Business Quality qualification score from the locked IA Defensive Research Core. Price Risk stays a separate category and is never blended in.

As of Sep 11, 2026

Long-Term Potential

Research model

55

Ordinary Compounder

No prior period to compare

Durable business economics and reinvestment characteristics. Independent external validation is pending.

As of Sep 11, 2026

Fundamental Momentum

Research model

11

Deteriorating

No prior period to compare

Direction and breadth of change in underlying business fundamentals. Not a price-momentum signal.

As of Sep 11, 2026

Elite Investor Activity

Supplemental

67

Mid range

No prior period to compare

Only 3 tracked managers disclosed a position — treat as limited coverage.

As of Sep 11, 2026

Intelligence history

Not enough stored history to chart ALK yet. A company needs at least two published research or ownership periods before a trend can be shown.

Share price

ALK price history

Closing prices adjusted for splits and dividends, through Sep 11, 2026. Past prices do not indicate future results.

6M change
+6.5%
1Y change
-35.5%
3Y change
+5.2%
5Y change
-27.8%
Max change
-39.3%

Last stored close $41.16 · -35.5% over the selected range · 52 sessions shown

Balanced evidence

Why IA likes it

  • More disclosed holders are new or increasing than reducing or exiting.

Risk and uncertainty

What IA doesn’t like

  • No specific negative evidence is available. This is not evidence of low risk.

What would change our view

  • Business Quality falling below the frozen qualification threshold.
  • Price Risk moving to a less favorable category.
  • A sustained reversal in the Fundamental Momentum research evidence.
  • New material public ownership disclosures.

Public filings · descriptive only

Elite Investor Activity

Reporting holders

1

New holders

1

Increasing

0

Reducing

0

Exiting

0

Coverage

Excellent

Positive disclosed activity · Report period 2016-12-31 · Public 12/22/2023

ManagerChangePortfolio weightRankDisclosed

Insufficient high-confidence manager coverage.

Objective stored changes

What changed

No qualifying changes are recorded for this company in the stored research and filing history.

Ownership timeline

No high-confidence public ownership events are available.

General research only. Not personalized advice. Public filings may be delayed, amended, incomplete, or reflect positions that have changed since the reporting date.