Alaska Air (ALK) Common Equity (2009 - 2026)
Alaska Air (ALK) recorded Common Equity of $3.67 billion in Q2 2026, down 6.9% from $3.94 billion a year earlier and down 1.6% from the prior quarter.
Alaska Air (ALK) Common Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, Alaska Air reported Common Equity of $4.12 billion, down 5.8% from FY2024.
- Annual Common Equity has a five-year compound annual growth rate of 6.6% (FY2020 to FY2025).
- Across earlier years, Common Equity came in at $4.37 billion in FY2024 (+6.3%), $4.11 billion in FY2023 (+7.8%), $3.82 billion in FY2022 (+0.4%) and $3.8 billion in FY2021 (+27.2%).
- The Q2 2026 figure is the lowest quarterly Common Equity since Q1 2022.
- On a year-over-year basis, Common Equity has declined for five consecutive quarters, with an average decline of 2.4% over the last eight quarters.
- Peak year-over-year performance for Common Equity in the last five years was growth of 27.2% in Q4 2021, against a decline of 10.0% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.73 billion (Q1 2026), $4.12 billion (Q4 2025) and $4.03 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 20.67 Bn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 14.09 Bn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 34.42 Bn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 15.10 Bn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 16.25 Bn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 31.65 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 21.82 Bn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 4.55 Bn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 11.02 Bn |
| 10 | Alaska Air | 4.43 Bn | -3.39 Bn | - | 3.67 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.67 Bn |
| Mar 31, 2026 | 3.73 Bn |
| Dec 31, 2025 | 4.12 Bn |
| Sep 30, 2025 | 4.03 Bn |
| Jun 30, 2025 | 3.94 Bn |
| Mar 31, 2025 | 4.14 Bn |
| Dec 31, 2024 | 4.37 Bn |
| Sep 30, 2024 | 4.48 Bn |
| Jun 30, 2024 | 4.23 Bn |
| Mar 31, 2024 | 3.98 Bn |
| Dec 31, 2023 | 4.11 Bn |
| Sep 30, 2023 | 4.09 Bn |
| Jun 30, 2023 | 3.95 Bn |
| Mar 31, 2023 | 3.69 Bn |
| Dec 31, 2022 | 3.82 Bn |
| Sep 30, 2022 | 3.83 Bn |
| Jun 30, 2022 | 3.80 Bn |
| Mar 31, 2022 | 3.64 Bn |
| Dec 31, 2021 | 3.80 Bn |
| Sep 30, 2021 | 3.53 Bn |
Alaska Air Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=ALK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "ALK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=ALK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();