Alaska Air Group operates two airlines, Alaska Airlines, Inc. (Alaska) and Horizon Air Industries, Inc. (Horizon). Co.'s operation also includes McGee Air Services, an aviation services provider. Co. operates in three segments: Mainline, which includes scheduled air transportation on Alaska's Boeing or Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Canada, Mexico, and Costa Rica; Regional, which includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. under capacity purchase agreements (CPA); and Horizon, which includes the capacity sold to Alaska under CPA. We show 41 historical shares outstanding datapoints in our ALK shares outstanding history coverage, used to compute ALK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ALK market cap history over the course of time is important for investors
interested in comparing ALK's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ALK versus a peer is one thing; comparing
ALK market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ALK can fluctuate over the course of history.
With this page we aim to empower investors researching ALK by allowing them to research the ALK market cap history. |
Video: The Importance of Market Cap
