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ALASKA AIR GROUP, INC. (ALK)

Air Transportation, Scheduled

Latest Price
$47.45
TTM P/E
96.84
Normalized P/E
36.41
Div Yield
--
Book Value
32.64
P/B Ratio
1.45

Valuation metrics

adjust assumptions →
EPS: $0.83
Book value / share: $35.64
Formula: √(22.5 × EPS × BVPS)
Graham Number
$25.80
46% downside
Base FCF: $1.0B (median of recent 5yr)
Growth: -15%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$5.53
88% downside
EPS: $0.83
Target P/E: 36×
Formula: EPS × P/E
P/E Fair Value
$29.88
37% downside

Institutional Ownership

87.8% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.11.75M$432.0M10.55%+1.23M2026-03-31
DIMENSIONAL FUND ADVISORS LP6.35M$233.0M5.70%+145.5K2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC5.16M$189.0M4.63%--2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC5.05M$185.0M4.54%--2026-03-31
AMERICAN CENTURY COMPANIES INC4.94M$181.0M4.43%+607.2K2026-03-31
FMR LLC3.55M$130.0M3.19%-2.94M2026-03-31
Capital World Investors3.53M$129.0M3.17%--2026-03-31
STATE STREET CORP3.48M$128.0M3.13%+62.7K2026-03-31
FRONTIER CAPITAL MANAGEMENT CO LLC3.37M$124.0M3.03%+1.09M2026-03-31
PRIMECAP MANAGEMENT CO/CA/3.25M$119.0M2.92%-10.5K2026-03-31
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