Alaska Airlines
ALK
#2634
Rank
$5.68 B
Marketcap
$46.87
Share price
0.36%
Change (1 day)
12.91%
Change (1 year)

P/E ratio for Alaska Airlines (ALK)

P/E ratio as of June 2025 (TTM): 16.6

According to Alaska Airlines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.6206. At the end of 2024 the company had a P/E ratio of 20.8.

P/E ratio history for Alaska Airlines from 2001 to 2025

PE ratio at the end of each year

Year P/E ratio Change
202420.8-2.26%
202321.2-77.75%
202295.4599.64%
202113.6-377.76%
2020-4.91-145.15%
201910.9-36.56%
201817.184.44%
20179.29-31.08%
201613.510.54%
201512.2-8.65%
201413.432.14%
201310.14.13%
20129.70

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
United Airlines Holdings
UAL
6.67-59.86%๐Ÿ‡บ๐Ÿ‡ธ USA
Jetblue Airways
JBLU
-5.00-130.08%๐Ÿ‡บ๐Ÿ‡ธ USA
Hawaiian Airlines
HA
-4.42-126.61%๐Ÿ‡บ๐Ÿ‡ธ USA
Delta Air Lines
DAL
8.34-49.80%๐Ÿ‡บ๐Ÿ‡ธ USA
Allegiant Air
ALGT
-4.42-126.60%๐Ÿ‡บ๐Ÿ‡ธ USA
Southwest Airlines
LUV
34.6 108.31%๐Ÿ‡บ๐Ÿ‡ธ USA
SkyWest
SKYW
10.8-35.31%๐Ÿ‡บ๐Ÿ‡ธ USA
American Airlines
AAL
10.2-38.79%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.