Alaska Air Group, Inc.
$9.77B- Market cap
- $4.55B
- Debt
- +$5.85B
- Cash
- −$627.00M
Capital structure 44% equity / 56% debt · EV / Revenue 0.69x · EV / EBITDA 19.31x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 ·
Decision snapshot: ALK stock price at discount vs GXO $40.74 current versus $138.46 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at GXO's multiple
Implied fair value · at ALK's multiple
Snapshot Sep 8, 2026, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Value edge
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: ALK FY 2025 (ended Dec 31, 2025) · GXO FY 2025 (ended Dec 31, 2025).
Trendline
Eight period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
Market cap plus debt, less cash.
Capital structure 44% equity / 56% debt · EV / Revenue 0.69x · EV / EBITDA 19.31x
Capital structure 67% equity / 33% debt · EV / Revenue 0.54x · EV / EBITDA 20.52x
ALK carries the larger enterprise value at $9.77B against $7.12B; GXO trades on the lower EV / Revenue multiple (0.54x vs 0.69x); ALK on the lower EV / EBITDA (19.31x vs 20.52x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
ALASKA AIR GROUP, INC. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
GXO Logistics, Inc. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
1.42x
0.88x
Net debt / EBITDA
Leverage against operating earnings
10.32x
5.09x
Cash and equivalents
Liquid reserves on the balance sheet
$627.00M
$854.00M
Total debt
Interest-bearing obligations outstanding
$5.85B
$2.62B
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
DELTA AIR LINES, INC.
ALK vs DAL
American Airlines Group Inc.
ALK vs AAL
SOUTHWEST AIRLINES CO
ALK vs LUV
JETBLUE AIRWAYS CORP
ALK vs JBLU
Allegiant Travel CO
ALK vs ALGT
C. H. ROBINSON WORLDWIDE, INC.
ALK vs CHRW
EXPEDITORS INTERNATIONAL OF WASHINGTON INC
ALK vs EXPD
Knight-Swift Transportation Holdings Inc.
ALK vs KNX
UNITED PARCEL SERVICE INC
ALK vs UPS
FEDEX CORP
ALK vs FDX
HUNT J B TRANSPORT SERVICES INC
ALK vs JBHT
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
The deterministic comparison remains available. Sign in when you want an on-demand narrative synthesis of the same data.