Alaska Air Group (STU:ALK) EV-to-EBITDA: 38.77 (As of Aug. 03, 2026) — 406% Above Median

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STU:ALK Alaska Air Group Inc STU:ALK
83 GF Score
Price €41.14
GF Value €55.59
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Alaska Air Group EV-to-EBITDA?

Alaska Air Group STU:ALK +0.54% 83 EV-to-EBITDA is 38.77 as of Aug. 03, 2026, which is 406% above its 10-year median of 7.66. GuruFocus rates STU:ALK with a GF Score™ of 83/100 and a GF Value™ of €55.59 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 900 Transportation companies, Alaska Air Group ranks worse than 92.56% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Alaska Air Group's enterprise value is €8,893 Mil. Alaska Air Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €229 Mil. Therefore, Alaska Air Group's EV-to-EBITDA for today is 38.77.

The historical rank and industry rank for Alaska Air Group's EV-to-EBITDA or its related term are showing as below:

STU:ALK' s EV-to-EBITDA Range Over the Past 10 Years
Min: -24.02   Med: 7.66   Max: 38.66
Current: 37.26

During the past 13 years, the highest EV-to-EBITDA of Alaska Air Group was 38.66. The lowest was -24.02. And the median was 7.66.

STU:ALK's EV-to-EBITDA is ranked worse than
92.56% of 900 companies
in the Transportation industry
Industry Median: 8.65 vs STU:ALK: 37.26

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-03), Alaska Air Group's stock price is €41.14. Alaska Air Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €-1.370. Therefore, Alaska Air Group's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Alaska Air Group  (STU:ALK) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Alaska Air Group's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=41.14/-1.370
=At Loss

Alaska Air Group's share price for today is €41.14.
Alaska Air Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.370.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Alaska Air Group EV-to-EBITDA Related Terms


Alaska Air Group EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Alaska Air Group's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alaska Air Group EV-to-EBITDA Chart

Alaska Air Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.61 11.63 8.01 9.36 9.00

Alaska Air Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.49 8.28 9.00 9.89 39.19

STU:ALK vs CPA, SKYW, ALGT: EV-to-EBITDA Comparison

For the Airlines subindustry, Alaska Air Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alaska Air Group EV-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Alaska Air Group's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Alaska Air Group's EV-to-EBITDA falls into.


STU:ALK
83GF Score
Alaska Air Group Inc STU:ALK
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alaska Air Group EV-to-EBITDA Calculation

Alaska Air Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=8893.394/229.363
=38.77

Alaska Air Group's current Enterprise Value is €8,893 Mil.
Alaska Air Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €229 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 38.77 mean?
Alaska Air Group (STU:ALK) has a EV-to-EBITDA of 38.77 as of Aug. 03, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Alaska Air Group. This is 406% above median its historical median of 7.66. According to the industry distribution chart, Alaska Air Group ranks #833 out of 900 companies in the Transportation industry, placing it in the top 92.6%.
Is Alaska Air Group's EV-to-EBITDA too high?
Alaska Air Group's current EV-to-EBITDA of 38.77 is 406% above median its 10-year median of 7.66. The Transportation industry median EV-to-EBITDA is 8.65. Alaska Air Group's value of 38.77 is 348.2% above this industry median. Based on the distribution chart, Alaska Air Group ranks #833 out of 900 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Alaska Air Group has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alaska Air Group's EV-to-EBITDA compare to CPA and SKYW?
According to the Transportation industry distribution chart, Alaska Air Group ranks #833 out of 900 companies for EV-to-EBITDA. This places Alaska Air Group in the lower half of its industry. The industry median EV-to-EBITDA is 8.65. Alaska Air Group's value of 38.77 is 348.2% above this benchmark. While the company's 10-year median is 7.66 vs. the industry median of 8.65, Alaska Air Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Transportation company?
The median EV-to-EBITDA among Transportation companies is 8.65, based on 900 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alaska Air Group's current EV-to-EBITDA of 38.77 is 348.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Alaska Air Group. For the Transportation industry, the median EV-to-EBITDA is 8.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alaska Air Group's current EV-to-EBITDA is 38.77, which is 406% above median its own 10-year median of 7.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alaska Air Group stock overvalued right now?
Based on GuruFocus' analysis, Alaska Air Group (STU:ALK) is currently considered Modestly Undervalued. The stock's GF Value™ is €55.59, compared to a current price of €41.14 — trading 26% below its estimated fair value. The current EV-to-EBITDA is 38.77, which is 406% above median its 10-year median of 7.66 and 348.2% above the Transportation industry median of 8.65. Alaska Air Group's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Alaska Air Group (STU:ALK), the current EV-to-EBITDA is 38.77 as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alaska Air Group (STU:ALK) Overvalued in 2026?

Based on GuruFocus' analysis, Alaska Air Group stock appears to be undervalued. The current stock price of €41.14 is trading 26% below its estimated GF Value™ of €55.59. GuruFocus considers Alaska Air Group to be Modestly Undervalued.

Key valuation signals for STU:ALK:

  • EV-to-EBITDA: 38.77 (406% above median its 10-year median of 7.66)
  • GF Value™: €55.59 vs. price of €41.14 (26% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 348.2% above the Transportation median (#833 of 900)

No single metric tells the full story. See the STU:ALK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alaska Air Group Business Description

Address 19300 International Boulevard, Seattle, WA, USA, 98188
Alaska Air Group Inc operates two airlines, Alaska and Horizon, in three operating segments. The Alaska Airlines segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements. The Hawaiian Airlines segment includes scheduled air transportation on Hawaiian's Boeing and Airbus aircraft for passengers and cargo. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary, and Mileage Plan passenger revenue.
83GF Score

Get the complete analysis for STU:ALK

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€41.14
Price
€55.59
GF Value