Flagship explainer

What drives ALASKA AIR GROUP, INC.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity2%Tax burden68%net income ÷ pretax incomeInterest burden48%pretax ÷ operating incomeOperating margin2%operating income ÷ revenueAsset turnover0.71×revenue ÷ average assetsEquity multiplier4.73×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$100MFY2025
Income before tax$146MFY2025
Operating income$303MFY2025
$14.2BFY2025
Ending assets$20.4BFY2025
Beginning assets$19.8BFY2024
$4.1BFY2025
$4.4BFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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