Alaska Air Group, Inc.
—- Market cap
- —
- Debt
- +$5.85B
- Cash
- −$1.90B
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt capMarket cap $3.71T · View financials
Decision snapshot: ALK stock price vs NFLX: inconclusive — current versus $292.41 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 NFLX's multiple
Implied fair value · at ALK's multiple
Needs ALK P/E.
Live quote
As of 2024-12-31
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: ALK FY 2025 (ended Dec 31, 2025) · NFLX FY 2025 (ended Dec 31, 2025).
Trendline
Ten fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 100% equity / 0% debt · EV / Revenue 82.26x · EV / EBITDA 262.83x
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
ALASKA AIR GROUP, INC. · implied price per share
Bear
-$37.09
Base
-$43.63
Bull
-$50.18
NETFLIX INC · implied price per share
Bear
$22.51
Base
$26.49
Bull
$30.46
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.
Debt / equity
Total debt against shareholders' equity
1.42x
0.54x
Net debt / EBITDA
Leverage against operating earnings
6.30x
0.38x
Cash and equivalents
Liquid reserves on the balance sheet
$1.90B
$9.06B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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$5.85B
$14.46B
Live quote
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