Alaska Air (ALK) Restructuring Costs (2009 - 2024)
Alaska Air (ALK) posted quarterly Restructuring Costs of $8.0 million for Q1 2024, up 300.0% quarter-over-quarter from $2.0 million in Q4 2021.
Alaska Air (ALK) Restructuring Costs (2009 - 2024) Analysis & Trends
Alaska Air (ALK) has reported Restructuring Costs for 11 consecutive years, with $8.0 million the latest figure, recorded in Q1 2024.
- In Q1 2024, Restructuring Costs changed N/A year-over-year to $8.0 million; the TTM figure through Mar 2024 stood at $8.0 million (changed N/A YoY), while the FY2021 annual figure was -$10.0 million, down 104.55% from the prior year.
- Restructuring Costs improved to $8.0 million in Q1 2024 per ALK's latest filing, from $2.0 million in the prior quarter.
- Across five years, Restructuring Costs topped out at $322.0 million in Q3 2020 and bottomed at -$23.0 million in Q2 2021.
- Historically, Restructuring Costs has averaged $89.2 million across 3 years, with a median of $9.5 million in 2021.
- Annual changes were most pronounced in 2020 — Restructuring Costs soared 651.28% — and 2021, when it sank 99.07%.
- Alaska Air's Restructuring Costs stood at $215.0 million in 2020, then tumbled by 99.07% to $2.0 million in 2021, then jumped by 300.0% to $8.0 million in 2024.
- Business Quant data shows ALK's Restructuring Costs at $8.0 million in Q1 2024, $2.0 million in Q4 2021, and -$23.0 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 8.00 Mn |
| Dec 31, 2021 | 2.00 Mn |
| Jun 30, 2021 | -23.00 Mn |
| Mar 31, 2021 | 11.00 Mn |
| Dec 31, 2020 | 215.00 Mn |
| Sep 30, 2020 | 322.00 Mn |
| Dec 31, 2019 | -39.00 Mn |
| Jun 30, 2019 | 8.00 Mn |
| Mar 31, 2019 | 26.00 Mn |
| Dec 31, 2018 | 20.00 Mn |
| Sep 30, 2018 | 22.00 Mn |
| Jun 30, 2018 | 39.00 Mn |
| Mar 31, 2018 | 6.00 Mn |
| Dec 31, 2017 | 30.00 Mn |
| Sep 30, 2017 | 23.00 Mn |
| Jun 30, 2017 | 24.00 Mn |
| Mar 31, 2017 | 39.00 Mn |
| Dec 31, 2016 | 81.00 Mn |
| Sep 30, 2016 | 22.00 Mn |
| Jun 30, 2016 | 14.00 Mn |