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Side-by-side financial comparison of ALASKA AIR GROUP, INC. (ALK) and DICK'S SPORTING GOODS, INC. (DKS). Click either name above to swap in a different company.

DICK'S SPORTING GOODS, INC. is the larger business by last-quarter revenue ($4.2B vs $3.3B, roughly 1.3× ALASKA AIR GROUP, INC.). DICK'S SPORTING GOODS, INC. runs the higher net margin — 1.8% vs -5.8%, a 7.7% gap on every dollar of revenue. On growth, DICK'S SPORTING GOODS, INC. posted the faster year-over-year revenue change (36.3% vs 5.2%). Over the past eight quarters, ALASKA AIR GROUP, INC.'s revenue compounded faster (6.7% CAGR vs 3.7%).

Alaska Air Group, Inc. is an American airline holding company based in SeaTac, Washington, United States. The group owns two mainline carriers, Alaska Airlines and Hawaiian Airlines, along with a regional airline, Horizon Air. Alaska Airlines in turn wholly owns an aircraft ground handling company, McGee Air Services.

Dick's Sporting Goods, Inc. is an American chain of sporting goods stores founded in 1948 by Richard "Dick" Stack. It is the largest sporting goods retailer in the United States and is listed on the Fortune 500.

ALK vs DKS — Head-to-Head

Bigger by revenue
DKS
DKS
1.3× larger
DKS
$4.2B
$3.3B
ALK
Growing faster (revenue YoY)
DKS
DKS
+31.1% gap
DKS
36.3%
5.2%
ALK
Higher net margin
DKS
DKS
7.7% more per $
DKS
1.8%
-5.8%
ALK
Faster 2-yr revenue CAGR
ALK
ALK
Annualised
ALK
6.7%
3.7%
DKS

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
ALK
ALK
DKS
DKS
Revenue
$3.3B
$4.2B
Net Profit
$-193.0M
$75.2M
Gross Margin
33.1%
Operating Margin
-8.5%
2.2%
Net Margin
-5.8%
1.8%
Revenue YoY
5.2%
36.3%
Net Profit YoY
-67.0%
EPS (diluted)
$-1.69
$0.86

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALK
ALK
DKS
DKS
Q1 26
$3.3B
Q4 25
$3.6B
$4.2B
Q3 25
$3.8B
$3.6B
Q2 25
$3.7B
$3.2B
Q1 25
$3.1B
$3.9B
Q4 24
$3.5B
$3.1B
Q3 24
$3.1B
$3.5B
Q2 24
$2.9B
$3.0B
Net Profit
ALK
ALK
DKS
DKS
Q1 26
$-193.0M
Q4 25
$21.0M
$75.2M
Q3 25
$73.0M
$381.4M
Q2 25
$172.0M
$264.3M
Q1 25
$-166.0M
Q4 24
$71.0M
$227.8M
Q3 24
$236.0M
$362.2M
Q2 24
$220.0M
$275.3M
Gross Margin
ALK
ALK
DKS
DKS
Q1 26
Q4 25
33.1%
Q3 25
37.1%
Q2 25
36.7%
Q1 25
35.0%
Q4 24
35.8%
Q3 24
36.7%
Q2 24
36.3%
Operating Margin
ALK
ALK
DKS
DKS
Q1 26
-8.5%
Q4 25
2.1%
2.2%
Q3 25
3.9%
12.4%
Q2 25
7.5%
11.5%
Q1 25
-6.3%
9.9%
Q4 24
2.1%
9.4%
Q3 24
11.1%
13.5%
Q2 24
11.1%
11.0%
Net Margin
ALK
ALK
DKS
DKS
Q1 26
-5.8%
Q4 25
0.6%
1.8%
Q3 25
1.9%
10.5%
Q2 25
4.6%
8.3%
Q1 25
-5.3%
Q4 24
2.0%
7.5%
Q3 24
7.7%
10.4%
Q2 24
7.6%
9.1%
EPS (diluted)
ALK
ALK
DKS
DKS
Q1 26
$-1.69
Q4 25
$0.14
$0.86
Q3 25
$0.62
$4.71
Q2 25
$1.42
$3.24
Q1 25
$-1.35
$3.63
Q4 24
$0.58
$2.75
Q3 24
$1.84
$4.37
Q2 24
$1.71
$3.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALK
ALK
DKS
DKS
Cash + ST InvestmentsLiquidity on hand
$451.0M
$821.3M
Total DebtLower is stronger
$5.3B
Stockholders' EquityBook value
$3.7B
$5.5B
Total Assets
$20.3B
$17.4B
Debt / EquityLower = less leverage
1.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALK
ALK
DKS
DKS
Q1 26
$451.0M
Q4 25
$627.0M
$821.3M
Q3 25
$2.3B
$1.2B
Q2 25
$2.1B
$1.0B
Q1 25
$2.5B
$1.7B
Q4 24
$2.5B
$1.5B
Q3 24
$2.5B
$1.7B
Q2 24
$2.5B
$1.6B
Total Debt
ALK
ALK
DKS
DKS
Q1 26
$5.3B
Q4 25
$4.8B
Q3 25
$5.0B
Q2 25
$4.9B
Q1 25
$4.8B
Q4 24
$4.5B
Q3 24
$4.6B
Q2 24
$2.7B
Stockholders' Equity
ALK
ALK
DKS
DKS
Q1 26
$3.7B
Q4 25
$4.1B
$5.5B
Q3 25
$4.0B
$3.4B
Q2 25
$3.9B
$3.1B
Q1 25
$4.1B
$3.2B
Q4 24
$4.4B
$3.1B
Q3 24
$4.5B
$2.9B
Q2 24
$4.2B
$2.7B
Total Assets
ALK
ALK
DKS
DKS
Q1 26
$20.3B
Q4 25
$20.4B
$17.4B
Q3 25
$20.0B
$10.7B
Q2 25
$19.9B
$10.4B
Q1 25
$19.8B
$10.5B
Q4 24
$19.8B
$10.5B
Q3 24
$19.6B
$9.9B
Q2 24
$15.3B
$9.7B
Debt / Equity
ALK
ALK
DKS
DKS
Q1 26
1.43×
Q4 25
1.17×
Q3 25
1.24×
Q2 25
1.26×
Q1 25
1.16×
Q4 24
1.04×
Q3 24
1.03×
Q2 24
0.63×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALK
ALK
DKS
DKS
Operating Cash FlowLast quarter
$229.0M
$-248.4M
Free Cash FlowOCF − Capex
$-515.6M
FCF MarginFCF / Revenue
-12.4%
Capex IntensityCapex / Revenue
10.2%
6.4%
Cash ConversionOCF / Net Profit
-3.30×
TTM Free Cash FlowTrailing 4 quarters
$88.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALK
ALK
DKS
DKS
Q1 26
$229.0M
Q4 25
$185.0M
$-248.4M
Q3 25
$229.0M
$557.6M
Q2 25
$376.0M
$178.0M
Q1 25
$459.0M
$631.5M
Q4 24
$274.0M
$54.2M
Q3 24
$318.0M
$394.4M
Q2 24
$580.0M
$231.7M
Free Cash Flow
ALK
ALK
DKS
DKS
Q1 26
Q4 25
$-515.6M
Q3 25
$296.2M
Q2 25
$-86.7M
Q1 25
$394.5M
Q4 24
$-139.3M
Q3 24
$179.8M
Q2 24
$74.2M
FCF Margin
ALK
ALK
DKS
DKS
Q1 26
Q4 25
-12.4%
Q3 25
8.1%
Q2 25
-2.7%
Q1 25
10.1%
Q4 24
-4.6%
Q3 24
5.2%
Q2 24
2.5%
Capex Intensity
ALK
ALK
DKS
DKS
Q1 26
10.2%
Q4 25
6.4%
Q3 25
7.2%
Q2 25
8.3%
Q1 25
6.1%
Q4 24
6.3%
Q3 24
6.2%
Q2 24
5.2%
Cash Conversion
ALK
ALK
DKS
DKS
Q1 26
Q4 25
8.81×
-3.30×
Q3 25
3.14×
1.46×
Q2 25
2.19×
0.67×
Q1 25
Q4 24
3.86×
0.24×
Q3 24
1.35×
1.09×
Q2 24
2.64×
0.84×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALK
ALK

Passenger revenue$2.9B88%
Loyalty program other revenue$227.0M7%
Cargo and other revenue$153.0M5%

DKS
DKS

Segment breakdown not available.

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