Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Alaska Air Group's share price for the quarter that ended in Mar. 2026 was $36.1035. Alaska Air Group's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 111 Mil. Therefore, Alaska Air Group's market cap for the quarter that ended in Mar. 2026 was $4,020 Mil.
Alaska Air Group's quarterly market cap
increased
from Sep. 2025 ($5,706 Mil) to Dec. 2025 ($5,816 Mil) but then
declined
from Dec. 2025 ($5,816 Mil) to Mar. 2026 ($4,020 Mil).
Alaska Air Group's annual market cap
increased
from Dec. 2023 ($4,955 Mil) to Dec. 2024 ($7,953 Mil) but then
declined
from Dec. 2024 ($7,953 Mil) to Dec. 2025 ($5,816 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Alaska Air Group's Enterprise Value for Today is $10,902 Mil.
Alaska Air Group (LTS:0HC3) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Alaska Air Group Market Cap Related Terms
Alaska Air Group Market Cap Historical Data
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The historical data trend for Alaska Air Group's Market Cap 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.
LTS:0HC3 vs CPA, SKYW, ALGT: Market Cap Comparison
For the Airlines subindustry, Alaska Air Group's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Transportation Industry
For the Transportation industry and Industrials sector, Alaska Air Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Alaska Air Group's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Alaska Air Group's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (LTS:0HC3) has a Market Cap of $6,002 Mil as of Jun. 29, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Alaska Air Group and its competitors. According to the industry distribution chart, Alaska Air Group ranks #106 out of 1025 companies in the Transportation industry, placing it in the top 10.3%.
Is Alaska Air Group's Market Cap too high?
Alaska Air Group's current Market Cap is $6,002 Mil. The Transportation industry median Market Cap is 262.65. Alaska Air Group's value of $6,002 Mil is 2185.2% above this industry median. Based on the distribution chart, Alaska Air Group ranks #106 out of 1025 companies in the Transportation industry, which is in the top quartile — a strong position 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 Market Cap compare to CPA and SKYW?
According to the Transportation industry distribution chart, Alaska Air Group ranks #106 out of 1025 companies for Market Cap. This places Alaska Air Group in the top 10% of its industry — outperforming the majority of peers. The industry median Market Cap is 262.65. Alaska Air Group's value of $6,002 Mil is 2185.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Transportation company?
The median Market Cap among Transportation companies is 262.65, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alaska Air Group's current Market Cap of $6,002 Mil is 2185.2% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Alaska Air Group and its competitors. For the Transportation industry, the median Market Cap is 262.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alaska Air Group's current Market Cap is $6,002 Mil. 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 (LTS:0HC3) is currently considered Modestly Undervalued. The stock's GF Value™ is $62.43, compared to a current price of $53.37 — trading 14.5% below its estimated fair value. The current Market Cap is $6,002 Mil and 2185.2% above the Transportation industry median of 262.65. Alaska Air Group's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Alaska Air Group (LTS:0HC3), the current Market Cap is $6,002 Mil as of Jun. 29, 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 (LTS:0HC3) Overvalued in 2026?
Based on GuruFocus' analysis, Alaska Air Group stock appears to be undervalued.
The current stock price of $53.37 is trading 14.5% below its estimated GF Value™ of $62.43.
GuruFocus considers Alaska Air Group to be Modestly Undervalued.
Key valuation signals for LTS:0HC3:
Market Cap: $6,002 Mil
GF Value™: $62.43 vs. price of $53.37 (14.5% below fair value)
Industry Position: 2185.2% above the Transportation median (#106 of 1025)
No single metric tells the full story. See the LTS:0HC3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
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