ALK Alaska Air Group, Inc. Common Stock
$42.46
Price · Aug 19, 2026
Fundamentals as of Aug 4, 2026
52W Range
$33–$66
29% of range
Analyst Rating
BUY
22 analysts
Price Target
$63
+48% upside
P/E (TTM)
49.3
ROE
2.5%
Net Profit Margin
0.70%
About Alaska Air Group, Inc. Common Stock Company overview from Wikipedia
Alaska Air Group, Inc. is an American airline holding company based in SeaTac, Washington, United States. The group owns two mainline carriers, Alaska Airlines and Hawaiian Airlines, along with a regional airline, Horizon Air. Alaska Airlines in turn wholly owns an aircraft ground handling company, McGee Air Services.
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Alaska Air Group, Inc. is an American airline holding company based in SeaTac, Washington, United States. The group owns two mainline carriers, Alaska Airlines and Hawaiian Airlines, along with a regional airline, Horizon Air. Alaska Airlines in turn wholly owns an aircraft ground handling company, McGee Air Services.
History
Alaska Air Group was formed in 1985 as a holding company for Alaska Airlines, and a year later it acquired Horizon Air and Jet America Airlines. Jet America Airlines was merged into Alaska Airlines in 1987.
In 2011, Alaska Air Group replaced the AMR Corporation in the Dow Jones Transportation Average following AMR's filing for bankruptcy.
On March 29, 2016, Alaska Airlines announced that it would form a wholly owned subsidiary called McGee Air Services, a dedicated airline services company. McGee competes with other companies to provide ground handling, aircraft cleaning and wheelchair services to Alaska Airlines.
On April 4, 2016, Alaska Air Group announced plans to acquire Virgin America, pending approval from US government regulators and Virgin America shareholders; the acquisition was completed on December 14, 2016. The total price was approximately $2.6 billion. Until 2018, Alaska Air Group continued to operate Alaska Airlines and Virgin America as separate airlines and continued to honor both Alaska's Mileage Plan and Virgin America's Elevate loyalty programs. Following the acquisition of Virgin America, the actual number of Alaska Air Group employees had increased from 15,143 at the end of 2015 to 19,112 (12,224 at Alaska Airlines, 3,616 at Horizon Air, and 3,252 at Virgin America) by the end of 2016.
On March 22, 2017, the company announced that Alaska Air Group would merge Virgin America and Alaska Airlines, with the combined airline to operate under the Alaska Airlines brand. The merger was largely completed on April 25, 2018 and the Virgin America brand was fully retired by June 2, 2019.
On December 3, 2023, Alaska Air Group announced that it planned to purchase Hawaiian Airlines in a deal worth approximately $1.9 billion. The deal would retain both Alaska Airlines and Hawaiian Airlines as separate brands. On August 19, 2024, the U.S. Department of Justice completed its regulatory antitrust review of the proposed acquisition and declined to file a lawsuit to block it. The merger received the approval of the U.S. Department of Transportation on September 17, 2024 with the merger closing the following day.
Corporate affairs
Business trends
The key trends for Alaska Air Group are shown below (as at year ending December 31):
Headquarters
The Alaska Air Group headquarters is located at 19300 International Boulevard, SeaTac, Washington, United States.
On May 3, 2018, Alaska Airlines unveiled plans to construct a 128,000-square-foot building near Sea-Tac Airport to provide office space for its growing workforce. The new building will be across the street from Alaska's Corporate Headquarters and adjacent to its Flight Training Center. Construction was expected to be completed by early 2020.
Operations
Fleet
Alaska Air Group operates a mix of Airbus, Boeing and Embraer aircraft through its subsidiaries Alaska Airlines, Hawaiian Airlines, and Horizon Air.
As of March 2026, Alaska Airlines' fleet consists of about 235 Boeing 737 and 5 Boeing 787 aircraft, Hawaiian Airlines' fleet consists of about 18 Airbus A321neo, 24 Airbus A330, and 19 Boeing 717 aircraft, and Horizon Air's fleet consists of about 44 Embraer 175 aircraft, with the combined fleet under Alaska Air Group's management numbering 345 aircraft.
Alaska Air Group has created a new branding identity for its Horizon Air subsidiary and other independently owned and separately directed affiliate regional airlines it chooses to contract to do regional flying business into markets too limited to be flown only on Alaska Airlines mainline equipment. Among the other airlines now sub-contracted to do additional flying for the Alaska Air Group is SkyWest Airlines, who has about 40 Embraer 175 aircraft dedicated to providing service for the Alaska Airlines are painted in a very similar manner to Horizon's. SkyWest's fleet however, is branded Alaska SkyWest to differentiate that airline's aircraft from those of Horizon Air.
Route network
Through Alaska Airlines and Horizon Air, Alaska Air Group services the passenger and cargo markets of the Pacific Northwest with its extensive route network hub through Seattle–Tacoma in Washington state and Portland in Oregon, and the state of Alaska in Anchorage. After the demise of Aloha Airlines and ATA Airlines in 2008, Alaska Air Group expanded heavily centering on Hawaii and other non-airline hub secondary mainland cities and airports, including San Diego and San Jose. After the acquisition of Virgin America in 2016, Alaska Air Group further expanded into California through Virgin America's hubs in San Francisco and Los Angeles. After the acquisition of Hawaiian Airlines in 2024, Alaska Air Group is expanding into Hawaii through Hawaiian Airlines' hub in Honolulu, making it the second largest hub behind Seattle–Tacoma.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
ALK Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$42.46
Market Cap
$4.73B
P/E (TTM)
49.3
EPS (TTM)
$0.83
Revenue (TTM)
$14.24B
Div Yield
—
ROE
2.5%
Debt/Equity
1.3
52W Range
$33 – $66
ALK Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
Configure
10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$14.24B
2016-12-31
→
2025-12-31
EPS
$0.83
2016-12-31
→
2025-12-31
Free Cash Flow
—
2016-12-31
→
2023-12-31
Margins
0.70%
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
ALK
Peer Median
P/E (TTM)
49.3
20.2
P/S (TTM)
0.3
0.7
P/B
1.1
2.2
EV / EBITDA
8.6
—
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
ALK
Peer Median
Operating Margin
2.1%
—
Net Profit Margin
0.70%
0.43%
ROA
0.50%
0.34%
ROE
2.5%
6.3%
ROIC
2.2%
—
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
ALK
Peer Median
Debt / Equity
1.3
—
Current Ratio
0.5
0.5
Quick Ratio
0.2
—
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
ALK
Peer Median
Revenue YoY
21.3%
—
Revenue CAGR 3Y
13.9%
—
Revenue CAGR 5Y
31.9%
—
EPS YoY
-73.0%
—
Net Income YoY
-74.7%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
ALK
Peer Median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield
—
Payout Ratio
—
5Y Div CAGR
—
| Ex-date | Amount |
|---|---|
| Feb. 14, 2020 | $0.3750 |
| Nov. 18, 2019 | $0.3500 |
| Aug. 19, 2019 | $0.3500 |
| May 20, 2019 | $0.3500 |
| Feb. 15, 2019 | $0.3500 |
| Nov. 19, 2018 | $0.3200 |
| Aug. 20, 2018 | $0.3200 |
| May 21, 2018 | $0.3200 |
| Feb. 16, 2018 | $0.3200 |
| Nov. 20, 2017 | $0.3000 |
| Aug. 18, 2017 | $0.3000 |
| May 19, 2017 | $0.3000 |
| Feb. 16, 2017 | $0.3000 |
| Nov. 10, 2016 | $0.2750 |
| Aug. 16, 2016 | $0.2750 |
| May 20, 2016 | $0.2750 |
| Feb. 19, 2016 | $0.2750 |
| Nov. 13, 2015 | $0.2000 |
| Aug. 14, 2015 | $0.2000 |
| May 19, 2015 | $0.2000 |
ALK Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
22 analysts
- Strong Buy 3 13.6%
- Buy 16 72.7%
- Hold 1 4.5%
- Sell 1 4.5%
- Strong Sell 1 4.5%
12-Month Price Target
16 analysts · 2026-08-14
Median
$62.75
Now
$42.46
Low
$37.00
High
$92.00
Median target
$62.75
+47.8%
Mean target
$62.91
+48.2%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
0.03%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $-0.92 | $-1.00 | 0.08% |
| March 31, 2026 | $-1.68 | $-1.36 | -0.32% |
| Dec. 31, 2025 | $0.43 | $0.12 | 0.31% |
| Sept. 30, 2025 | $1.05 | $1.14 | -0.09% |
| June 30, 2025 | $1.78 | $1.56 | 0.22% |
| March 31, 2025 | $-0.77 | $-0.76 | -0.01% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| ALK | $5.81B | 60.6 | 21.3% | 0.70% | 2.5% | — |
| DAL | $45.80B | 9.1 | 2.8% | 7.9% | 26.1% | — |
| UAL | $36.17B | 11.0 | 3.5% | 5.7% | 23.4% | — |
| LUV | — | 52.3 | 2.1% | — | — | — |
| AAL | $10.12B | 90.2 | 0.78% | 0.20% | -2.9% | — |
| JOBY | $12.08B | -11.7 | 39183.1% | -1740.5% | -80.6% | — |
| SKYW | $8.46B | 9.7 | 15.0% | 10.5% | 16.1% | — |
| ALGT | — | -34.4 | 3.7% | — | — | — |
| JBLU | $1.68B | -2.7 | -2.3% | -6.6% | -26.6% | — |
| ULCC | $1.08B | -7.8 | -1.4% | -3.7% | -27.5% | — |
| RJET | $840M | 9.8 | 251.9% | 4.5% | 11.8% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.24B | $11.73B | $10.43B | $9.65B | $6.18B | $3.57B | $8.78B | $8.26B | $7.89B | $5.92B | $0 | $0 | |
| Operating Expenses | $13.94B | $11.16B | $10.03B | $9.58B | $5.49B | $5.34B | $7.72B | $7.62B | $6.69B | $4.62B | $4.30B | $4.41B | |
| Operating Income | $303M | $570M | $394M | $70M | $685M | $-1.77B | $1.06B | $643M | $1.21B | $1.31B | $1.30B | $962M | |
| Interest Expense | · | · | $121M | $108M | $128M | $98M | $78M | $91M | $103M | $55M | $42M | $48M | |
| Interest Income | $94M | $101M | $80M | $53M | $25M | $31M | $42M | $38M | $34M | $27M | $21M | $21M | |
| Other Non-op | $-16M | $0 | $-39M | $50M | $36M | $17M | $-26M | $-23M | $3M | $13M | $1M | $20M | |
| Pretax Income | $146M | $545M | $323M | $79M | $629M | $-1.84B | $1.02B | $585M | $1.16B | $1.32B | $1.31B | $975M | |
| Income Tax | $46M | $150M | $88M | $21M | $151M | $-516M | $247M | $148M | $199M | $519M | $464M | $370M | |
| Net Income | $100M | $395M | $235M | $58M | $478M | $-1.32B | $769M | $437M | $960M | $797M | $848M | $605M | |
| EPS (Basic) | $0.85 | $3.13 | $1.84 | $0.46 | $3.82 | $-10.72 | $6.24 | $3.55 | $7.79 | $6.45 | $6.61 | $4.47 | |
| EPS (Diluted) | $0.83 | $3.08 | $1.83 | $0.45 | $3.77 | $-10.72 | $6.19 | $3.52 | $7.75 | $6.41 | $6.56 | $4.42 | |
| Shares (Basic) | 118,171,000 | 126,136,000 | 127,375,000 | 126,657,000 | 125,063,000 | 123,450,000 | 123,279,000 | 123,230,000 | 123,211,000 | 123,557,000 | 128,373,000 | 135,445,000 | |
| Shares (Diluted) | 119,926,000 | 128,372,000 | 128,708,000 | 127,899,000 | 126,775,000 | 123,450,000 | 124,289,000 | 123,975,000 | 123,854,000 | 124,389,000 | 129,372,000 | 136,801,000 | |
| EBITDA | $1.10B | $1.15B | $845M | $485M | $1.08B | $-1.35B | $1.49B | $1.04B | $1.63B | $1.71B | $1.62B | $1.26B |
Balance Sheet 29
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $627M | $1.20B | $281M | $338M | $470M | $1.37B | $221M | $105M | $194M | $328M | $73M | $107M | |
| Short-term Investments | · | $1.27B | $1.51B | $2.08B | $2.65B | $1.98B | $1.30B | $1.13B | $1.43B | $1.25B | $1.25B | $1.11B | |
| Receivables | $565M | $558M | $383M | $296M | $546M | $480M | $323M | $366M | $341M | $302M | $212M | $259M | |
| Inventory | $203M | $199M | $116M | $104M | $62M | $57M | $72M | $60M | $57M | $47M | $51M | $58M | |
| Prepaid Expense | $278M | $307M | $176M | $163M | $196M | $123M | $121M | $125M | $133M | $121M | $72M | $105M | |
| Other Current Assets | $69M | $192M | $239M | $60M | $76M | · | · | · | · | · | · | · | |
| Current Assets | $3.27B | $3.76B | $2.71B | $3.04B | $3.92B | $4.01B | $2.04B | $1.79B | $2.15B | $2.05B | $1.66B | $1.64B | |
| PP&E (Net) | $11.86B | $10.78B | $8.39B | $7.26B | $6.14B | $6.21B | $6.90B | $6.78B | $6.28B | $5.67B | $4.80B | $4.30B | |
| PP&E (Gross) | · | $15.33B | $12.73B | $11.38B | $10.00B | $9.74B | $10.39B | $10.02B | $9.28B | $8.60B | $7.42B | $6.62B | |
| Accum. Depreciation | $4.95B | $4.55B | $4.34B | $4.13B | $3.86B | $3.53B | $3.49B | $3.24B | $2.99B | $2.93B | $2.61B | $2.32B | |
| Goodwill | $2.72B | $2.72B | $1.94B | $2.04B | $2.04B | $2.05B | $1.94B | $1.94B | $1.94B | $1.93B | $0 | · | |
| Intangibles | $815M | $873M | $90M | · | · | $107M | $122M | $127M | $133M | $143M | $0 | · | |
| Other Non-current Assets | $432M | $334M | $292M | $380M | $396M | $379M | $278M | $274M | $234M | $169M | $65M | $126M | |
| Total Assets | $20.36B | $19.77B | $14.61B | $14.19B | $13.95B | $14.05B | $12.99B | $10.91B | $10.75B | $9.96B | $6.53B | $6.06B | |
| Accounts Payable | $324M | $186M | $207M | $221M | $200M | $108M | $146M | $132M | $120M | $92M | $63M | $62M | |
| Accrued Liabilities | $1.05B | $997M | $800M | $846M | $625M | $424M | $431M | $416M | $400M | $878M | $661M | $585M | |
| Current Liabilities | $6.59B | $6.14B | $4.46B | $4.49B | $3.99B | $4.29B | $3.20B | $2.94B | $2.69B | $2.54B | $1.80B | $1.67B | |
| Capital Leases | $1.14B | $1.20B | $1.12B | $1.39B | $1.28B | $1.27B | $1.44B | $0 | · | · | · | · | |
| Deferred Tax | $1.00B | $934M | $695M | $574M | $578M | $407M | $715M | $512M | $370M | $463M | $682M | $633M | |
| Other Non-current Liabilities | $595M | $457M | $295M | $305M | $378M | $524M | $232M | $418M | $425M | $417M | $362M | $327M | |
| Long-term Debt | $5.31B | $4.93B | $2.47B | $2.16B | $2.54B | $3.50B | $1.50B | $2.10B | $2.57B | $2.96B | $683M | $803M | |
| Total Debt | $5.31B | $4.93B | $2.47B | $2.16B | $2.54B | $3.50B | $1.50B | $2.10B | $2.57B | $2.96B | $686M | $803M | |
| Common Stock | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | |
| Retained Earnings | $5.03B | $4.93B | $4.54B | $4.30B | $4.24B | $3.76B | $5.13B | $4.53B | $4.19B | $3.57B | $2.89B | $2.14B | |
| Treasury Stock | $1.70B | $1.13B | $819M | $674M | $674M | $674M | $643M | $568M | $518M | $443M | $250M | $4M | |
| AOCI | $-173M | $-239M | $-299M | $-388M | $-262M | $-494M | $-465M | $-448M | $-380M | $-305M | $-303M | $-310M | |
| Stockholders' Equity | $4.12B | $4.37B | $4.11B | $3.82B | $3.80B | $2.99B | $4.33B | $3.75B | $3.46B | $2.74B | $2.41B | $2.13B | |
| Liabilities + Equity | $20.36B | $19.77B | $14.61B | $14.19B | $13.95B | $14.05B | $12.99B | $10.91B | $10.75B | $9.96B | $6.53B | $6.06B | |
| Shares Outstanding | 115,530,889 | 123,119,000 | 126,090,000 | 127,534,000 | 125,906,000 | 124,217,000 | 123,000,000 | 123,194,000 | 123,061,000 | 123,328,000 | 125,175,000 | 131,481,000 |
Cash Flow 20
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $795M | $583M | $451M | $415M | $394M | $420M | $423M | $398M | $372M | $363M | $320M | $294M | |
| Stock-based Comp | $10M | $63M | $85M | $42M | $51M | $24M | $29M | $47M | $55M | $26M | $25M | $6M | |
| Deferred Tax | $48M | $129M | $95M | $35M | $95M | $-293M | $208M | $144M | $37M | $79M | $37M | $114M | |
| Amort. of Intangibles | $58M | $16M | $5M | $5M | · | · | · | · | · | · | · | · | |
| Restructuring | · | · | $0 | $0 | $-10M | $220M | $0 | $0 | · | · | · | · | |
| Other Non-cash | $296M | $294M | $184M | $868M | $12M | $939M | $293M | $169M | $118M | $92M | $354M | $11M | |
| Operating Cash Flow | $1.25B | $1.46B | $1.05B | $1.42B | $1.03B | $-234M | $1.72B | $1.20B | $1.59B | $1.39B | $1.58B | $1.03B | |
| CapEx | · | · | $1.49B | $1.67B | $292M | $222M | $696M | $960M | $1.03B | $678M | $831M | $694M | |
| Investing Cash Flow | $-1.62B | $-634M | $-964M | $-1.22B | $-1.01B | $-593M | $-791M | $-631M | $-1.13B | $-2.62B | $-930M | $-541M | |
| Debt Issued | $808M | $2.31B | $411M | · | · | · | · | · | · | · | · | · | |
| Net Debt Issued | $289M | $-1.92B | $313M | $-385M | $-1.33B | $-565M | $-1.06B | $-807M | $-397M | $-249M | $-116M | $-119M | |
| Stock Issued | · | · | · | · | · | · | · | · | · | · | · | $27M | |
| Stock Repurchased | $570M | $312M | $137M | $0 | $0 | $31M | $75M | $50M | $75M | $193M | $505M | $348M | |
| Net Stock Activity | $-570M | $-312M | $-137M | $0 | $0 | $-31M | $-75M | $-50M | $-75M | $-193M | $-505M | $-321M | |
| Dividends Paid | · | · | · | $0 | $0 | $45M | $173M | $158M | $148M | $136M | $102M | $68M | |
| Financing Cash Flow | $-199M | $119M | $-147M | $-325M | $-914M | $1.98B | $-813M | $-647M | $-592M | $1.49B | $-688M | $-462M | |
| Net Change in Cash | · | · | · | · | · | · | · | · | $-134M | $255M | $-34M | $27M | |
| Taxes Paid | $3M | $22M | $15M | $0 | $48M | $0 | $31M | $0 | $177M | $459M | $349M | $326M | |
| Free Cash Flow | · | · | $-444M | $-253M | $738M | $-440M | $1.03B | $235M | $564M | $708M | $753M | $336M | |
| Levered FCF | · | · | $-532M | $-332M | $641M | $-511M | $967M | · | $476M | $675M | · | $306M |
Profitability 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 2.1% | 4.9% | 3.8% | 0.73% | 11.1% | -49.8% | 12.1% | 7.8% | · | · | · | · | |
| Net Margin | 0.70% | 3.4% | 2.2% | 0.60% | 7.7% | -37.1% | 8.8% | 5.3% | · | · | · | · | |
| Pretax Margin | 1.0% | 4.6% | 3.1% | 0.82% | 10.2% | -51.6% | 11.6% | · | · | · | · | · | |
| EBITDA Margin | 7.7% | 9.8% | 8.1% | 5.0% | 17.5% | -38.0% | 16.9% | 12.6% | · | · | · | · | |
| ROA | 0.50% | 2.3% | 1.6% | 0.41% | 3.4% | -9.8% | 6.4% | 4.0% | 10.0% | 9.9% | 13.5% | 10.1% | |
| ROE | 2.5% | 8.9% | 5.7% | 1.5% | 13.0% | -41.1% | 17.9% | 11.6% | 32.0% | 30.5% | 37.4% | 29.1% | |
| ROIC | 2.2% | 4.4% | 4.3% | 0.86% | 8.2% | -19.7% | 13.8% | · | 17.2% | 13.9% | · | 20.4% |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.5 | 0.6 | 0.6 | 0.7 | 1.0 | 0.9 | 0.6 | 0.6 | 0.8 | 0.8 | 0.9 | 1.1 | |
| Quick Ratio | 0.2 | 0.5 | 0.5 | 0.6 | 0.9 | 0.9 | 0.6 | 0.5 | 0.7 | 0.7 | 0.9 | 0.9 | |
| Debt / Equity | 1.3 | 1.1 | 0.6 | 0.6 | 0.7 | 1.2 | 0.3 | 0.6 | 0.7 | 1.0 | 0.3 | 0.4 | |
| LT Debt / Equity | 1.2 | 1.0 | 0.5 | 0.5 | 0.6 | 0.8 | 0.3 | 0.4 | 0.6 | 0.9 | 0.2 | 0.3 | |
| Interest Coverage | · | · | 3.3 | 0.6 | 5.4 | -18.1 | 13.6 | 7.1 | 12.2 | 24.5 | 30.9 | 20.0 |
Efficiency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.7 | 0.7 | 0.7 | 0.7 | 0.4 | 0.3 | 0.7 | 0.8 | 0.0 | 0.0 | 0.0 | 0.0 | |
| Receivables Turnover | 25.4 | 24.9 | 30.7 | 22.9 | 12.0 | 8.9 | 25.5 | 23.4 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth Rates 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 21.3% | 12.6% | 8.1% | 56.2% | 73.2% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 13.9% | 23.9% | 43.0% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 31.9% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -73.0% | 68.3% | 306.7% | -88.1% | · | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 22.6% | -6.5% | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -74.7% | 68.1% | 305.2% | -87.9% | · | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 19.9% | -6.2% | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $14.24B | $11.73B | $10.43B | $9.65B | $6.18B | $3.57B | $8.78B | $8.26B | $7.89B | $5.92B | $0 | $0 | |
| Net Income TTM | $100M | $395M | $235M | $58M | $478M | $-1.32B | $769M | $437M | $960M | $797M | $848M | $605M | |
| Market Cap | $5.81B | $7.97B | $4.93B | $5.48B | $6.56B | $6.46B | $8.33B | $7.50B | $9.05B | $10.94B | $10.08B | $7.86B | |
| Enterprise Value | $10.49B | $10.43B | $5.61B | $5.22B | $5.98B | $6.61B | $8.31B | $8.36B | $9.99B | $12.33B | $9.44B | $7.44B | |
| P/E | 60.6 | 21.0 | 21.3 | 95.4 | 13.8 | -4.9 | 10.9 | 17.3 | 9.5 | 13.8 | 12.3 | 13.5 | |
| P/S | 0.4 | 0.7 | 0.5 | 0.6 | 1.1 | 1.8 | 0.9 | 0.9 | 1.1 | 1.8 | · | · | |
| P/B | 1.4 | 1.8 | 1.2 | 1.4 | 1.7 | 2.2 | 1.9 | 2.0 | 2.4 | 3.7 | 4.2 | 3.7 | |
| P / Tangible Book | 10.0 | 10.3 | 2.4 | 3.1 | 3.7 | 7.8 | · | · | · | · | · | · | |
| P / Cash Flow | 4.7 | 5.4 | 4.7 | 3.9 | 6.4 | -27.6 | 4.8 | 6.3 | 5.7 | 7.9 | 6.4 | 7.6 | |
| P / FCF | · | · | -11.1 | -21.6 | 8.9 | -14.7 | 8.1 | 31.9 | 16.0 | 15.5 | 13.4 | 23.4 | |
| EV / EBITDA | 9.6 | 9.0 | 6.6 | 10.8 | 5.5 | -4.9 | 5.6 | 8.0 | 6.1 | 7.2 | 5.8 | 5.9 | |
| EV / FCF | · | · | -12.6 | -20.6 | 8.1 | -15.0 | 8.1 | 35.6 | 17.7 | 17.4 | 12.5 | 22.2 | |
| EV / Revenue | 0.7 | 0.9 | 0.5 | 0.5 | 1.0 | 1.9 | 0.9 | 1.0 | 1.3 | 2.1 | · | · | |
| Dividend Yield | · | · | · | 0.00% | 0.00% | 0.70% | 2.1% | 2.1% | 1.6% | 1.2% | 1.0% | 0.87% | |
| Earnings Yield | 1.7% | 4.8% | 4.7% | 1.1% | 7.2% | -20.6% | 9.1% | 5.8% | 10.5% | 7.2% | 8.2% | 7.4% | |
| Payout Ratio | · | · | · | 0.00% | 0.00% | -3.4% | 22.5% | 36.2% | 14.3% | 16.7% | 12.0% | 11.2% | |
| Annual Payout | · | · | · | $0 | $0 | $45M | $173M | $158M | $148M | $136M | $102M | $68M |
Income Statement 13
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.07B | $3.30B | $3.63B | $3.77B | $3.70B | $3.14B | $3.53B | $3.07B | $2.90B | $2.23B | $2.55B | $2.84B | $2.84B | $2.20B | $2.48B | $2.83B | |
| Operating Expenses | $4.23B | $3.58B | $3.56B | $3.62B | $3.43B | $3.33B | $3.46B | $2.73B | $2.58B | $2.40B | $2.52B | $2.63B | $2.50B | $2.38B | $2.46B | $2.77B | |
| Operating Income | $-168M | $-279M | $75M | $148M | $277M | $-197M | $73M | $341M | $322M | $-166M | $32M | $211M | $337M | $-186M | $23M | $62M | |
| Interest Income | $21M | $19M | $23M | $23M | $22M | $26M | $32M | $28M | $24M | $17M | $18M | $23M | $22M | $17M | $18M | $17M | |
| Other Non-op | $6M | $9M | $-6M | $2M | $-4M | $-8M | $4M | $-4M | $0 | $0 | $-17M | $-6M | $-7M | $-9M | $12M | $14M | |
| Pretax Income | $-214M | $-317M | $30M | $111M | $238M | $-233M | $79M | $328M | $316M | $-178M | $4M | $193M | $325M | $-199M | $35M | $65M | |
| Income Tax | $-138M | $-124M | $9M | $38M | $66M | $-67M | $8M | $92M | $96M | $-46M | $6M | $54M | $85M | $-57M | $13M | $25M | |
| Net Income | $-76M | $-193M | $21M | $73M | $172M | $-166M | $71M | $236M | $220M | $-132M | $-2M | $139M | $240M | $-142M | $22M | $40M | |
| EPS (Basic) | $-0.68 | $-1.69 | $0.12 | $0.63 | $1.45 | $-1.35 | $0.57 | $1.87 | $1.74 | $-1.05 | $-0.02 | $1.09 | $1.88 | $-1.11 | $0.18 | $0.32 | |
| EPS (Diluted) | $-0.68 | $-1.69 | $0.14 | $0.62 | $1.42 | $-1.35 | $0.58 | $1.84 | $1.71 | $-1.05 | $0.00 | $1.08 | $1.86 | $-1.11 | $0.19 | $0.31 | |
| Shares (Basic) | 111,127,000 | 114,294,000 | -239,097,000 | 115,287,000 | 118,847,000 | 123,134,000 | -252,360,000 | 126,189,000 | 126,337,000 | 125,970,000 | -254,753,000 | 127,187,000 | 127,440,000 | 127,501,000 | -252,653,000 | 126,783,000 | |
| Shares (Diluted) | 111,127,000 | 114,294,000 | -241,638,000 | 117,500,000 | 120,930,000 | 123,134,000 | -254,498,000 | 128,590,000 | 128,310,000 | 125,970,000 | -256,900,000 | 129,188,000 | 128,919,000 | 127,501,000 | -254,250,000 | 128,370,000 | |
| EBITDA | $39M | $-75M | · | $351M | $476M | $-3M | · | $480M | $450M | $-40M | · | $324M | $450M | $-82M | · | $166M |
Balance Sheet 29
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.06B | $451M | $627M | $778M | $750M | $1.04B | $1.20B | $1.01B | $1.11B | $885M | $281M | $647M | $536M | $516M | $338M | $688M | |
| Short-term Investments | · | · | · | $1.49B | $1.37B | $1.42B | · | $1.49B | $1.39B | $1.39B | · | $1.80B | $1.91B | $1.91B | · | $2.46B | |
| Receivables | $681M | $630M | $565M | $586M | $737M | $569M | $558M | $510M | $370M | $384M | · | $341M | $351M | $340M | · | $345M | |
| Inventory | $253M | $232M | $203M | $229M | $218M | $206M | $199M | $202M | $106M | $104M | · | $122M | $107M | $105M | · | $94M | |
| Prepaid Expense | $261M | $281M | · | $285M | $264M | $281M | · | $270M | $179M | $177M | · | $187M | · | · | · | $221M | |
| Other Current Assets | $46M | $79M | $69M | $66M | $136M | $173M | $192M | $223M | $212M | $186M | · | $158M | $157M | $60M | · | · | |
| Current Assets | $3.94B | $3.02B | $3.27B | $3.47B | $3.51B | $3.72B | $3.76B | $3.74B | $3.38B | $3.13B | · | $3.64B | $3.24B | $3.10B | · | $3.81B | |
| PP&E (Net) | $12.01B | $12.02B | $11.86B | $11.24B | $11.21B | $10.87B | $10.78B | $10.52B | $8.52B | $8.19B | · | $8.03B | $7.96B | $7.25B | · | $6.65B | |
| PP&E (Gross) | · | · | · | $16.03B | $15.94B | $15.52B | · | $15.07B | $13.06B | $12.63B | · | $12.31B | $12.18B | $11.43B | · | $10.70B | |
| Accum. Depreciation | $5.21B | $5.08B | $4.95B | $4.79B | $4.73B | $4.65B | $4.55B | $4.55B | $4.54B | $4.44B | · | $4.28B | $4.22B | $4.18B | · | $4.05B | |
| Goodwill | $2.72B | $2.72B | $2.72B | $2.72B | $2.72B | $2.72B | $2.72B | $2.70B | $2.03B | $2.03B | · | $2.03B | $2.04B | $2.04B | · | $2.04B | |
| Intangibles | $787M | $801M | $815M | $829M | $844M | $859M | $873M | $888M | · | · | · | · | · | · | · | · | |
| Other Non-current Assets | $446M | $442M | $432M | $436M | $316M | $334M | $334M | $363M | $270M | $283M | · | $290M | $268M | $374M | · | $422M | |
| Total Assets | $21.25B | $20.30B | $20.36B | $20.01B | $19.89B | $19.82B | $19.77B | $19.56B | $15.34B | $14.81B | · | $15.16B | $14.83B | $14.30B | · | $14.53B | |
| Accounts Payable | $403M | $409M | $324M | $322M | $240M | $237M | $186M | $242M | $203M | $181M | · | $229M | $212M | $206M | · | $202M | |
| Accrued Liabilities | $1.22B | $1.12B | $1.05B | $1.01B | $1.10B | $1.04B | $997M | $958M | $852M | $791M | · | $806M | $871M | $908M | · | $805M | |
| Current Liabilities | $7.19B | $7.06B | $6.59B | $6.66B | $6.71B | $6.70B | $6.14B | $6.25B | $4.97B | $4.83B | · | $5.07B | $5.18B | $4.86B | · | $4.71B | |
| Capital Leases | $1.16B | $1.14B | $1.14B | $1.20B | $1.16B | $1.20B | $1.20B | $1.25B | $1.05B | $1.10B | · | $1.11B | $1.15B | $1.46B | · | $1.48B | |
| Deferred Tax | $739M | $879M | $1.00B | $976M | $938M | $871M | $934M | $889M | $746M | $649M | · | $662M | $606M | $523M | · | $571M | |
| Other Non-current Liabilities | $597M | $614M | $595M | $586M | $548M | $531M | $457M | $452M | $352M | $311M | · | $361M | $327M | $297M | · | $345M | |
| Long-term Debt | $6.05B | $5.08B | $5.31B | $5.01B | $4.95B | $4.81B | $4.93B | $4.62B | $2.67B | $2.56B | · | $2.41B | $2.15B | $2.06B | · | $2.21B | |
| Total Debt | $6.05B | $5.08B | · | $5.01B | $4.95B | $4.81B | · | $4.67B | $2.67B | $2.56B | · | $2.41B | $2.15B | $2.06B | · | $2.21B | |
| Common Stock | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | · | $1M | $1M | $1M | · | $1M | |
| Retained Earnings | $4.76B | $4.84B | $5.03B | $5.01B | $4.94B | $4.76B | $4.93B | $4.86B | $4.62B | $4.40B | · | $4.54B | $4.40B | $4.16B | · | $4.28B | |
| Treasury Stock | $1.95B | $1.90B | $1.70B | $1.67B | $1.67B | $1.24B | $1.13B | $882M | $868M | $840M | · | $744M | $731M | $692M | · | $674M | |
| AOCI | $-175M | $-176M | $-173M | $-223M | $-228M | $-234M | $-239M | $-268M | $-287M | $-294M | · | $-360M | $-365M | $-365M | $-388M | $-328M | |
| Stockholders' Equity | $3.67B | $3.73B | $4.12B | $4.03B | $3.94B | $4.14B | $4.37B | $4.48B | $4.23B | $3.98B | $4.11B | $4.09B | $3.95B | $3.69B | $3.82B | $3.83B | |
| Liabilities + Equity | $21.25B | $20.30B | $20.36B | $20.01B | $19.89B | $19.82B | $19.77B | $19.56B | $15.34B | $14.81B | · | $15.16B | $14.83B | $14.30B | · | $14.53B | |
| Shares Outstanding | 111,566,970 | 111,359,830 | 115,530,889 | 115,232,538 | 115,276,005 | 122,884,518 | 123,119,199 | 126,125,771 | 126,475,292 | 125,705,964 | 126,090,000 | 127,120,173 | 127,348,343 | 127,243,454 | 127,534,000 | 126,834,099 |
Cash Flow 15
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $207M | $204M | $199M | $203M | $199M | $194M | $190M | $139M | $128M | $126M | $121M | $113M | $113M | $104M | $105M | $104M | |
| Stock-based Comp | $17M | $25M | $19M | $-19M | $-10M | $20M | $8M | $18M | $18M | $19M | $12M | $17M | $33M | $23M | $9M | $13M | |
| Restructuring | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $0 | |
| Other Non-cash | · | $385M | · | · | · | $411M | · | · | · | $279M | · | · | · | $237M | · | · | |
| Operating Cash Flow | $185M | $421M | $185M | $229M | $376M | $459M | $274M | $318M | $580M | $292M | $-53M | $271M | $610M | $222M | $9M | $174M | |
| CapEx | · | · | · | · | · | · | · | · | · | $57M | · | $357M | $510M | $124M | · | $315M | |
| Investing Cash Flow | $-466M | $-169M | $-627M | $-249M | $-366M | $-381M | $-198M | $-301M | $-453M | $318M | $-154M | $-331M | $-539M | $60M | $-330M | $-167M | |
| Debt Issued | $989M | $110M | · | · | $168M | $0 | $1.90B | $67M | $153M | $195M | $-84M | $361M | · | · | · | · | |
| Net Debt Issued | · | $-230M | · | · | · | $-156M | · | · | · | $93M | · | · | · | $-96M | · | · | |
| Stock Repurchased | $57M | $193M | $30M | $5M | $430M | $105M | $249M | $14M | $29M | $20M | $67M | $13M | $39M | $18M | $0 | $0 | |
| Net Stock Activity | · | $-193M | · | · | · | $-105M | · | · | · | $-20M | · | · | · | $-18M | · | · | |
| Financing Cash Flow | $900M | $-428M | $291M | $54M | $-308M | $-236M | $112M | $-80M | $92M | $-5M | $-159M | $177M | $-51M | $-114M | $-29M | $-90M | |
| Net Change in Cash | · | · | · | · | · | · | · | $-63M | $219M | $605M | · | $117M | $20M | $168M | · | $-83M | |
| Taxes Paid | · | · | $3M | · | · | · | $20M | $2M | · | · | $1M | $0 | · | · | $0 | $0 | |
| Free Cash Flow | · | · | · | · | · | · | · | · | · | $235M | · | · | · | $98M | · | · |
Profitability 7
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | -4.1% | -8.5% | · | 3.9% | 7.5% | -6.3% | · | 11.1% | 11.1% | -7.4% | · | 7.4% | 11.9% | -8.5% | · | 2.2% | |
| Net Margin | -1.9% | -5.9% | · | 1.9% | 4.6% | -5.3% | · | 7.7% | 7.6% | -5.9% | · | 4.9% | 8.5% | -6.5% | · | 1.4% | |
| Pretax Margin | -5.3% | -9.6% | · | 2.9% | 6.4% | -7.4% | · | 10.7% | 10.9% | -8.0% | · | 6.8% | 11.5% | -9.1% | · | 2.3% | |
| EBITDA Margin | 0.96% | -2.3% | · | 9.3% | 12.8% | -0.10% | · | 15.6% | 15.5% | -1.8% | · | 11.4% | 15.9% | -3.7% | · | 5.9% | |
| ROA | -0.37% | -0.96% | · | 0.37% | 0.98% | -0.96% | · | 1.4% | 1.5% | -0.91% | · | 0.94% | 1.6% | -1.0% | · | 0.28% | |
| ROE | -2.0% | -4.9% | · | 1.7% | 4.2% | -4.1% | · | 5.5% | 5.4% | -3.4% | · | 3.5% | 6.2% | -3.9% | · | 1.1% | |
| ROIC | -0.61% | -1.9% | · | 1.1% | 2.2% | -1.6% | · | 2.7% | 3.2% | -1.9% | · | 2.3% | 4.1% | -2.3% | · | 0.63% |
Liquidity & Solvency 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.5 | 0.4 | · | 0.5 | 0.5 | 0.6 | · | 0.6 | 0.7 | 0.6 | · | 0.7 | 0.6 | 0.6 | · | 0.8 | |
| Quick Ratio | 0.2 | 0.2 | · | 0.4 | 0.4 | 0.5 | · | 0.5 | 0.6 | 0.6 | · | 0.6 | 0.5 | 0.6 | · | 0.7 | |
| Debt / Equity | 1.6 | 1.4 | · | 1.2 | 1.3 | 1.2 | · | 1.0 | 0.6 | 0.6 | · | 0.6 | 0.5 | 0.6 | · | 0.6 | |
| LT Debt / Equity | 1.6 | 1.3 | · | 1.1 | 1.1 | 1.0 | · | 0.9 | 0.5 | 0.6 | · | 0.5 | 0.5 | 0.5 | · | 0.5 |
Efficiency 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | |
| Receivables Turnover | 5.7 | 5.5 | · | 6.9 | 6.7 | 6.6 | · | 7.2 | 8.0 | 6.2 | · | 8.3 | 7.5 | 4.4 | · | 6.4 |
Valuation (TTM) 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $14.84B | $13.91B | · | $13.68B | $12.81B | $11.34B | · | $11.04B | $10.81B | $10.11B | · | $10.70B | $10.52B | $9.36B | · | $9.12B | |
| Net Income TTM | $-24M | $-114M | · | $315M | $462M | $158M | · | $463M | $467M | $105M | · | $277M | $277M | $-106M | · | $230M | |
| Market Cap | $5.82B | $4.10B | · | $5.74B | $5.70B | $6.05B | · | $5.70B | $5.11B | $5.40B | · | $4.71B | $6.77B | $5.34B | · | $4.97B | |
| Enterprise Value | $10.81B | $8.72B | · | $8.47B | $8.53B | $8.39B | · | $7.87B | $5.27B | $5.69B | · | $4.67B | $6.48B | $4.97B | · | $4.03B | |
| P/E | -158.2 | -36.8 | · | 19.7 | 13.7 | 42.8 | · | 12.6 | 11.2 | 55.1 | · | 17.3 | 24.7 | -49.4 | · | 21.9 | |
| P/S | 0.4 | 0.3 | · | 0.4 | 0.4 | 0.5 | · | 0.5 | 0.5 | 0.5 | · | 0.4 | 0.6 | 0.6 | · | 0.5 | |
| P/B | 1.6 | 1.1 | · | 1.4 | 1.4 | 1.5 | · | 1.3 | 1.2 | 1.4 | · | 1.2 | 1.7 | 1.4 | · | 1.3 | |
| P / Tangible Book | 36.4 | 19.8 | · | 12.0 | 15.3 | 10.9 | · | 6.4 | 2.3 | 2.8 | · | 2.3 | 3.5 | 3.2 | · | 2.8 | |
| P / Cash Flow | · | 9.7 | · | · | · | 13.2 | · | · | · | 18.5 | · | · | · | 24.1 | · | · | |
| P / FCF | · | · | · | · | · | · | · | · | · | 23.0 | · | · | · | 54.5 | · | · | |
| EV / EBITDA | 277.1 | -116.3 | · | 24.1 | 17.9 | -2797.8 | · | 16.4 | 11.7 | -142.3 | · | 14.4 | 14.4 | -60.6 | · | 24.3 | |
| EV / FCF | · | · | · | · | · | · | · | · | · | 24.2 | · | · | · | 50.7 | · | · | |
| EV / Revenue | 0.7 | 0.6 | · | 0.6 | 0.7 | 0.7 | · | 0.7 | 0.5 | 0.6 | · | 0.4 | 0.6 | 0.5 | · | 0.4 | |
| Earnings Yield | -0.63% | -2.7% | · | 5.1% | 7.3% | 2.3% | · | 7.9% | 8.9% | 1.8% | · | 5.8% | 4.0% | -2.0% | · | 4.6% |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $14.24B | $11.73B | $10.43B | $9.65B | $6.18B |
| Operating Margin % | 2.1% | 4.9% | 3.8% | 0.73% | 11.1% |
| Net Income | $100M | $395M | $235M | $58M | $478M |
| Diluted EPS | $0.83 | $3.08 | $1.83 | $0.45 | $3.77 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | 1.3 | 1.1 | 0.6 | 0.6 | 0.7 |
| Current Ratio | 0.5 | 0.6 | 0.6 | 0.7 | 1.0 |
| Quick Ratio | 0.2 | 0.5 | 0.5 | 0.6 | 0.9 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | — | — | $-444M | $-253M | $738M |
Latest News Recent headlines mentioning this company
- Alaska Airlines Promotes CFO Shane Tackett To Addl. Role Of President
- Here's Why Alaska Air Shares Popped Higher This Week
- Alaska Air Group (ALK) Set to Integrate Boeing’s Virtual Airplane
- Another airline files for bankruptcy and cancels all flights
- Alaska Air Group, Inc. (ALK) Withdraws Guidance amid Spike in Oil Prices
- Alkane Resources to enter the S&P/ASX 200
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Institutional owners (13F) 564 filers · $4.4B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 123 (+23 vs prior Q) | 62 (-25 vs prior Q) | 147 (-12 vs prior Q) | 155 (+20 vs prior Q) | +18.7M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| DIMENSIONAL FUND ADVISORS LP | $325,786,255 | 6,241,117 | 7.39% | Shares |
| AMERICAN CENTURY COMPANIES INC | $278,079,611 | 5,327,194 | 6.31% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $259,611,845 | 4,973,407 | 5.89% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $258,901,456 | 4,959,798 | 5.87% | Shares |
| STATE STREET CORP | $186,037,094 | 3,563,929 | 4.22% | Shares |
| Capital World Investors | $181,051,367 | 3,468,417 | 4.11% | Shares |
| FRONTIER CAPITAL MANAGEMENT CO LLC | $176,678,385 | 3,384,643 | 4.01% | Shares |
| PRIMECAP MANAGEMENT CO/CA/ | $168,466,626 | 3,227,329 | 3.82% | Shares |
| CAUSEWAY CAPITAL MANAGEMENT LLC | $166,161,153 | 3,183,163 | 3.77% | Shares |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $130,465,861 | 2,499,346 | 2.96% | Shares |
| SEMPER AUGUSTUS INVESTMENTS GROUP LLC | $93,627,329 | 1,793,627 | 2.12% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $86,591,833 | 1,658,168 | 1.96% | Shares |
| PAR CAPITAL MANAGEMENT INC | $82,456,999 | 1,579,636 | 1.87% | Shares |
| Candlestick Capital Management LP | $75,491,370 | 1,516,500 | 1.71% | Call option |
| FMR LLC | $73,877,825 | 1,415,284 | 1.68% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $64,972,557 | 1,244,685 | 1.47% | Shares |
| MILLENNIUM MANAGEMENT LLC | $62,086,993 | 1,189,406 | 1.41% | Shares |
| CITADEL ADVISORS LLC | $56,635,799 | 1,084,977 | 1.28% | Shares |
| ALLIANCEBERNSTEIN L.P. | $52,177,763 | 1,418,645 | 1.18% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $52,153,020 | 999,100 | 1.18% | Call option |
| MARSHALL WACE, LLP | $48,331,511 | 925,891 | 1.10% | Shares |
| JANE STREET GROUP, LLC | $44,667,540 | 855,700 | 1.01% | Call option |
| AMERIPRISE FINANCIAL INC | $39,361,138 | 754,045 | 0.89% | Shares |
| GOLDMAN SACHS GROUP INC | $38,645,748 | 740,340 | 0.88% | Shares |
| Wolf Hill Capital Management, LP | $38,507,940 | 737,700 | 0.87% | Call option |
| Wolf Hill Capital Management, LP | $38,024,881 | 728,446 | 0.86% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $37,008,025 | 708,966 | 0.84% | Shares |
| TWO SIGMA ADVISERS, LP | $34,601,370 | 687,900 | 0.79% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $33,971,760 | 650,800 | 0.77% | Put option |
| JANE STREET GROUP, LLC | $33,836,040 | 648,200 | 0.77% | Put option |
| U S GLOBAL INVESTORS INC | $33,393,019 | 639,713 | 0.76% | Shares |
| Walleye Trading LLC | $30,879,536 | 591,562 | 0.70% | Shares |
| CITADEL ADVISORS LLC | $29,868,840 | 572,200 | 0.68% | Put option |
| JANE STREET GROUP, LLC | $29,238,838 | 560,131 | 0.66% | Shares |
| Gotham Asset Management, LLC | $28,683,117 | 549,485 | 0.65% | Shares |
| CITADEL ADVISORS LLC | $28,360,260 | 543,300 | 0.64% | Call option |
| Capital Research Global Investors | $27,577,260 | 528,300 | 0.63% | Shares |
| Privium Fund Management (UK) Ltd | $27,194,962 | 523,685 | 0.62% | Shares |
| Baird Financial Group, Inc. | $26,285,571 | 503,555 | 0.60% | Shares |
| BlackRock, Inc. | $25,197,775 | 482,716 | 0.57% | Shares |
| Owl Creek Asset Management, L.P. | $25,166,246 | 482,112 | 0.57% | Shares |
| CAPITAL FUND MANAGEMENT S.A. | $24,471,934 | 468,811 | 0.56% | Shares |
| MetLife Investment Management, LLC | $23,915,900 | 458,159 | 0.54% | Shares |
| Mesirow Institutional Investment Management, Inc. | $19,648,258 | 303,448 | 0.45% | Shares |
| Walleye Capital LLC | $18,720,904 | 358,638 | 0.42% | Shares |
| GROUP ONE TRADING LLC | $18,341,723 | 351,374 | 0.42% | Shares |
| CITIGROUP INC | $18,270,000 | 350,000 | 0.41% | Call option |
| Candlestick Capital Management LP | $18,016,776 | 361,928 | 0.41% | Shares |
| RHUMBLINE ADVISERS | $15,528,573 | 297,483 | 0.35% | Shares |
| IMC-Chicago, LLC | $15,449,738 | 295,972 | 0.35% | Shares |
| DELTEC ASSET MANAGEMENT LLC | $15,430,842 | 295,610 | 0.35% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $14,254,307 | 273,071 | 0.32% | Shares |
| Lodge Hill Capital, LLC | $13,900,860 | 266,300 | 0.32% | Shares |
| FIFTH THIRD BANCORP | $13,701,247 | 262,476 | 0.31% | Shares |
| Generate Investment Management Ltd | $13,050,000 | 250,000 | 0.30% | Shares |
| LPL Financial LLC | $12,456,437 | 238,630 | 0.28% | Shares |
| LEVIN CAPITAL STRATEGIES, L.P. | $12,196,739 | 233,654 | 0.28% | Shares |
| D.A. DAVIDSON & CO. | $12,182,349 | 233,378 | 0.28% | Shares |
| Weiss Asset Management LP | $12,037,007 | 230,594 | 0.27% | Shares |
| Trexquant Investment LP | $11,725,425 | 224,625 | 0.27% | Shares |
| FIRST TRUST ADVISORS LP | $11,247,377 | 215,467 | 0.26% | Shares |
| BARCLAYS PLC | $11,177,587 | 214,130 | 0.25% | Shares |
| Nuveen, LLC | $11,119,748 | 213,022 | 0.25% | Shares |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | $11,023,596 | 211,180 | 0.25% | Shares |
| Retirement Systems of Alabama | $11,019,159 | 211,095 | 0.25% | Shares |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | $10,719,896 | 205,362 | 0.24% | Shares |
| swisspartners Advisors Ltd | $10,513,584 | 201,470 | 0.24% | Shares |
| Interval Partners, LP | $10,079,872 | 193,101 | 0.23% | Shares |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | $10,063,220 | 192,782 | 0.23% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $9,118,766 | 174,689 | 0.21% | Shares |
| Edgestream Partners, L.P. | $8,932,203 | 171,115 | 0.20% | Shares |
| BECKER CAPITAL MANAGEMENT INC | $8,598,489 | 164,722 | 0.20% | Shares |
| UBS Group AG | $8,571,866 | 164,212 | 0.19% | Shares |
| First Washington CORP | $8,484,275 | 162,534 | 0.19% | Shares |
| California Public Employees Retirement System | $8,226,407 | 157,594 | 0.19% | Shares |
| PEAK6 LLC | $8,216,802 | 157,410 | 0.19% | Shares |
| BANK OF AMERICA CORP /DE/ | $7,937,375 | 152,057 | 0.18% | Shares |
| Caption Management, LLC | $7,830,000 | 150,000 | 0.18% | Call option |
| Caption Management, LLC | $7,830,000 | 150,000 | 0.18% | Put option |
| ARDSLEY ADVISORY PARTNERS LP | $7,830,000 | 150,000 | 0.18% | Shares |
| Black Maple Capital Management LP | $6,942,600 | 133,000 | 0.16% | Shares |
| Cable Car Capital, LP | $6,937,380 | 132,900 | 0.16% | Shares |
| WOLVERINE TRADING, LLC | $6,491,628 | 128,700 | 0.15% | Put option |
| BNP PARIBAS FINANCIAL MARKETS | $6,333,948 | 121,340 | 0.14% | Shares |
| Quantinno Capital Management LP | $6,128,525 | 117,404 | 0.14% | Shares |
| ING GROEP NV | $5,496,660 | 105,300 | 0.12% | Shares |
| RAYMOND JAMES FINANCIAL INC | $5,384,838 | 103,158 | 0.12% | Shares |
| TWO SIGMA INVESTMENTS, LP | $5,304,982 | 101,628 | 0.12% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $5,101,245 | 97,725 | 0.12% | Shares |
| TUDOR INVESTMENT CORP ET AL | $4,860,238 | 93,108 | 0.11% | Shares |
| WOLVERINE TRADING, LLC | $4,860,197 | 96,356 | 0.11% | Shares |
| Squarepoint Ops LLC | $4,797,180 | 91,900 | 0.11% | Call option |
| Beacon Pointe Advisors, LLC | $4,781,400 | 130,000 | 0.11% | Put option |
| WOLVERINE TRADING, LLC | $4,670,744 | 92,600 | 0.11% | Call option |
| Nebula Research & Development LLC | $4,668,240 | 94,346 | 0.11% | Shares |
| Howard Capital Management, LLC | $4,619,126 | 88,489 | 0.10% | Shares |
| Engineers Gate Manager LP | $4,551,161 | 87,187 | 0.10% | Shares |
| ExodusPoint Capital Management, LP | $4,514,204 | 86,479 | 0.10% | Shares |
| Daytona Street Capital LLC | $4,489,398 | 90,740 | 0.10% | Shares |
| GREAT LAKES ADVISORS, LLC | $4,378,954 | 83,888 | 0.10% | Shares |
Company insiders 50 insiders · 5 officers · 15 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Jeffrey D Pinneo | FORMER PRES & CEO, HORIZON AIR | Aug. 9, 2010 M | 7,932 | 0 | 0 | $0 |
| Shane R Tackett | Pres. of Ops Sub & CFO | June 29, 2026 A | 9,062 | 0 | 0 | $0 |
| Bradley D Tilden | EXEC BOARD CHAIR | Feb. 25, 2022 M | 110,841 | 0 | 0 | $0 |
| George D Bagley | Executive VP, Operations | Aug. 30, 2005 A | 13,380 | 0 | 0 | $0 |
| Terri K Maupin | Controller | Aug. 25, 2003 M | — | 0 | 0 | $0 |
| Michael G Sievert | Director | June 1, 2026 A | 4,258 | 0 | 0 | $0 |
| Eric K Yeaman | Director | May 13, 2026 A | 32,672 | 0 | 0 | $0 |
| Kenneth J Thompson | Director | Dec. 11, 2024 G | 32,649 | 0 | 0 | $0 |
| Adrienne Rochelle Lofton | Director | May 5, 2022 A | 3,371 | 0 | 0 | $0 |
| Daniel Kevin Elwell | Director | May 5, 2022 A | 4,437 | 0 | 0 | $0 |
| Susan J Li | Director | May 5, 2022 A | 10,698 | 0 | 0 | $0 |
| Kathleen T Hogan | Director | May 5, 2022 A | 8,644 | 0 | 0 | $0 |
| Helvi Kay Sandvik | Director | May 5, 2022 A | 16,874 | 0 | 0 | $0 |
| Raymond L. Conner | Director | May 5, 2022 A | 11,120 | 0 | 0 | $0 |
| Dhiren R. Fonseca | Director | May 5, 2022 A | 12,447 | 0 | 0 | $0 |
| Jr Jessie J Knight | Director | May 5, 2022 A | 7,333 | 0 | 0 | $0 |
| Mark R Hamilton | Director | May 18, 2010 A | 4,126 | 0 | 0 | $0 |
| Richard A Wien | Director | Dec. 7, 2007 P | 2,400 | 0 | 0 | $0 |
| Bruce R Kennedy | Director | June 13, 2007 J | 4,764 | 0 | 0 | $0 |
| John V Rindlaub | Director | May 17, 2006 J | 6,002 | 0 | 0 | $0 |
| Andrew R Harrison | — | Aug. 3, 2026 S | 25,528 | 0 | 1 | $-263,251 |
| Patricia M Bedient | — | May 13, 2026 A | 68,865 | 0 | 0 | $0 |
| James A Beer | — | May 13, 2026 A | 25,490 | 0 | 0 | $0 |
| Joseph A Sprague | — | Nov. 7, 2021 M | 15,707 | 0 | 0 | $0 |
| Constance E Von Muehlen | — | Nov. 5, 2021 M | 4,084 | 0 | 0 | $0 |
| Rakow Diana Birkett | — | Nov. 5, 2021 M | 2,847 | 0 | 0 | $0 |
| Andrea L Schneider | — | Nov. 5, 2021 M | 12,884 | 0 | 0 | $0 |
| Kyle B Levine | — | Nov. 5, 2021 M | 8,538 | 0 | 0 | $0 |
| Christopher Michael Berry | — | Nov. 5, 2021 M | 5,534 | 0 | 0 | $0 |
| Benito Minicucci | — | Nov. 5, 2021 M | 97,398 | 0 | 0 | $0 |
| Gary L Beck | — | Feb. 13, 2021 M | 3,558 | 0 | 0 | $0 |
| Marion C Blakey | — | May 7, 2020 A | 21,221 | 0 | 0 | $0 |
| CAMPBELL PHYLLIS J | — | May 7, 2020 A | 46,624 | 0 | 0 | $0 |
| Brandon Pedersen | — | Feb. 14, 2020 M | 26,636 | 0 | 0 | $0 |
| Mark G Eliasen | — | Feb. 13, 2018 A | 9,471 | 0 | 0 | $0 |
| Peter D Hunt | — | Dec. 14, 2017 A | — | 0 | 0 | $0 |
| David L Campbell | — | Dec. 4, 2017 M | 6,866 | 0 | 0 | $0 |
| Dennis F Madsen | — | June 16, 2017 A | 23,928 | 0 | 0 | $0 |
| Katherine J Savitt | — | Feb. 21, 2017 S | 1,372 | 0 | 0 | $0 |
| Tamara S Young | — | Dec. 7, 2016 M | 19,357 | 0 | 0 | $0 |
| Herman L Wacker | — | Feb. 14, 2015 F | 11,092 | 0 | 0 | $0 |
| Bryon I Mallott | — | Nov. 26, 2014 S | 6,096 | 0 | 0 | $0 |
| Glenn S Johnson | — | July 1, 2014 S | 422 | 0 | 0 | $0 |
| Keith Loveless | — | May 16, 2014 M | 993 | 0 | 0 | $0 |
| Marc Langland | — | May 8, 2014 A | 21,145 | 0 | 0 | $0 |
| William S Ayer | — | Nov. 27, 2013 M | 91,102 | 0 | 0 | $0 |
| Kelley J Dobbs | — | Feb. 17, 2012 M | 4,362 | 0 | 0 | $0 |
| John F Schaefer JR | — | July 22, 2011 S | 0 | 0 | 0 | $0 |
| Gregg A Saretsky | — | Feb. 10, 2009 S | 4,085 | 0 | 0 | $0 |
| Kevin P Finan | — | Nov. 10, 2007 F | 18,153 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 1 position
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Alaska Air Group, Inc. | April 8, 2016 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 103 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| RFV · Invesco Exchange-Traded Fund Trust | 1.49% | 100,981 SH | Aug. 8, 2026 | Daily |
| EVNT · AltShares Trust | 1.13% | 3,000 NS | May 31, 2026 | N-PORT |
| FXD · First Trust Exchange-Traded AlphaDE… | 1.12% | 75,905 NS | April 30, 2026 | N-PORT |
| TAX · EA Series Trust | 0.82% | 4,559 NS | May 29, 2026 | N-PORT |
| CGMM · Capital Group Equity ETF Trust I | 0.77% | 466,418 NS | May 31, 2026 | N-PORT |
| IYT · iShares Trust | 0.71% | 313,432 SH | Aug. 8, 2026 | Daily |
| RWK · Invesco Exchange-Traded Fund Trust … | 0.68% | 183,788 SH | Aug. 8, 2026 | Daily |
| AVUV · AMERICAN CENTURY ETF TRUST | 0.64% | 3,755,604 NS | May 31, 2026 | N-PORT |
| FNK · First Trust Exchange-Traded AlphaDE… | 0.60% | 33,148 NS | April 30, 2026 | N-PORT |
| AKAF · ETF Series Solutions | 0.60% | 381 NS | May 31, 2026 | N-PORT |
| TPOR · Direxion Shares ETF Trust | 0.46% | 2,105 NS | April 30, 2026 | N-PORT |
| PAMC · Pacer Funds Trust | 0.36% | 5,758 NS | April 30, 2026 | N-PORT |
| IVOV · VANGUARD ADMIRAL FUNDS | 0.33% | 95,682 SH | Aug. 8, 2026 | Daily |
| IJJ · iShares Trust | 0.32% | 566,795 SH | Aug. 8, 2026 | Daily |
| DFSV · Dimensional ETF Trust | 0.31% | 595,849 NS | April 30, 2026 | N-PORT |
| ABCS · EA Series Trust | 0.31% | 756 NS | May 29, 2026 | N-PORT |
| FNX · First Trust Exchange-Traded AlphaDE… | 0.29% | 98,946 NS | April 30, 2026 | N-PORT |
| TMFX · RBB Fund, Inc. | 0.27% | 1,851 NS | May 31, 2026 | N-PORT |
| ITAN · EA Series Trust | 0.26% | 4,949 NS | May 29, 2026 | N-PORT |
| DFAT · Dimensional ETF Trust | 0.23% | 789,334 NS | April 30, 2026 | N-PORT |
| MIDE · DBX ETF Trust | 0.21% | 155 NS | May 29, 2026 | N-PORT |
| BKSE · BNY Mellon ETF Trust | 0.20% | 4,154 NS | April 30, 2026 | N-PORT |
| QVMM · Invesco Exchange-Traded Fund Trust … | 0.19% | 16,831 SH | Aug. 8, 2026 | Daily |
| PKW · Invesco Exchange-Traded Fund Trust | 0.19% | 66,019 SH | Aug. 8, 2026 | Daily |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.19% | 112,104 NS | May 31, 2026 | N-PORT |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.18% | 6,406 NS | April 30, 2026 | N-PORT |
| XJH · iShares Trust | 0.18% | 15,109 SH | Aug. 8, 2026 | Daily |
| DFVE · DoubleLine ETF Trust | 0.16% | 1,214 NS | March 31, 2026 | N-PORT |
| IVOO · VANGUARD ADMIRAL FUNDS | 0.16% | 179,801 SH | Aug. 8, 2026 | Daily |
| IJH · iShares Trust | 0.16% | 3,842,427 SH | Aug. 8, 2026 | Daily |
| PTMC · Pacer Funds Trust | 0.13% | 13,149 NS | April 30, 2026 | N-PORT |
| VBR · VANGUARD INDEX FUNDS | 0.12% | 1,622,570 SH | Aug. 8, 2026 | Daily |
| MVV · ProShares Trust | 0.11% | 3,963 NS | May 31, 2026 | N-PORT |
| SCHA · SCHWAB STRATEGIC TRUST | 0.11% | 550,143 NS | May 31, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.10% | 364,942 NS | April 30, 2026 | N-PORT |
| SCHM · SCHWAB STRATEGIC TRUST | 0.10% | 310,749 NS | May 31, 2026 | N-PORT |
| ESML · iShares Trust | 0.09% | 53,780 SH | Aug. 8, 2026 | Daily |
| NEAR · iShares U.S. ETF Trust | 0.09% | 4,611,000 SH | Aug. 8, 2026 | Daily |
| IYC · iShares Trust | 0.09% | 22,156 SH | Aug. 8, 2026 | Daily |
| MIDU · Direxion Shares ETF Trust | 0.09% | 1,899 NS | April 30, 2026 | N-PORT |
| BBMC · J.P. Morgan Exchange-Traded Fund Tr… | 0.09% | 44,469 NS | April 30, 2026 | N-PORT |
| ISCV · iShares Trust | 0.08% | 11,215 SH | Aug. 8, 2026 | Daily |
| VIS · VANGUARD WORLD FUND | 0.08% | 137,733 SH | Aug. 8, 2026 | Daily |
| UMDD · ProShares Trust | 0.08% | 553 NS | May 31, 2026 | N-PORT |
| ISCG · iShares Trust | 0.08% | 15,679 SH | Aug. 8, 2026 | Daily |
| ISCB · iShares Trust | 0.08% | 4,487 SH | Aug. 8, 2026 | Daily |
| SMMD · iShares Trust | 0.07% | 55,301 SH | Aug. 8, 2026 | Daily |
| IEDI · iShares U.S. ETF Trust | 0.07% | 401 SH | Aug. 8, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | 0.07% | 1,278,506 SH | Aug. 8, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.07% | 2,556,146 SH | Aug. 8, 2026 | Daily |