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 Sep. 2024 was $45.195. Alaska Air Group's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 126 Mil. Therefore, Alaska Air Group's market cap for the quarter that ended in Sep. 2024 was $5,700 Mil.
Alaska Air Group's quarterly market cap
declined
from Mar. 2024 ($5,425 Mil) to Jun. 2024 ($5,084 Mil) but then
increased
from Jun. 2024 ($5,084 Mil) to Sep. 2024 ($5,700 Mil).
Alaska Air Group's annual market cap
declined
from Dec. 2021 ($6,547 Mil) to Dec. 2022 ($5,382 Mil) and
declined
from Dec. 2022 ($5,382 Mil) to Dec. 2023 ($4,955 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 $11,773 Mil.
Alaska Air Group Market Cap Historical Data
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.
Competitive Comparison of Alaska Air Group's Market Cap
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's Market Cap Distribution in the 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.
Alaska Air Group Market Cap Calculation
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. 2023 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) 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
Thank you for viewing the detailed overview of Alaska Air Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments. The Mainline 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 (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.
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