Alaska Air (ALK) Debt Ratio (2009 - 2026)
Alaska Air (ALK) reported Debt Ratio of 0.26 for Q1 2026, up 8.01% year-over-year from 0.24 in Q1 2025, and down 3.93% quarter-over-quarter from 0.27 in Q4 2025.
Alaska Air (ALK) Debt Ratio (2009 - 2026) Analysis & Trends
Alaska Air (ALK) has 18 years of Debt Ratio data on file, last reported at 0.26 in Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.26, up 8.01% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.26 (up 8.01% YoY), and the FY2025 annual result was 0.27, up 8.12% from the prior year.
- Debt Ratio retreated to 0.26 in Q1 2026 per ALK's latest filing, from 0.27 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.27 in Q4 2025 and troughed at 0.14 in Q1 2023.
- A 5-year average of 0.2 and a median of 0.17 in 2024 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2022 and 2024: Debt Ratio slumped 33.39% in 2022, then surged 49.22% in 2024.
- A 5-year view of Debt Ratio shows it stood at 0.15 in 2022, then grew by 11.11% to 0.17 in 2023, then surged by 49.22% to 0.25 in 2024, then grew by 8.12% to 0.27 in 2025, then decreased by 3.93% to 0.26 in 2026.
- Business Quant data shows ALK's Debt Ratio at 0.26 in Q1 2026, 0.27 in Q4 2025, and 0.25 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | 0.07 |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 0.17 |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 0.49 |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 0.18 |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 0.30 |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 0.26 |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 0.33 |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | 0.07 |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | 0.51 |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 0.41 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.26 |
| Dec 31, 2025 | 0.27 |
| Sep 30, 2025 | 0.25 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.24 |
| Dec 31, 2024 | 0.25 |
| Sep 30, 2024 | 0.24 |
| Jun 30, 2024 | 0.17 |
| Mar 31, 2024 | 0.17 |
| Dec 31, 2023 | 0.17 |
| Sep 30, 2023 | 0.19 |
| Jun 30, 2023 | 0.17 |
| Mar 31, 2023 | 0.14 |
| Dec 31, 2022 | 0.15 |
| Sep 30, 2022 | 0.15 |
| Jun 30, 2022 | 0.16 |
| Mar 31, 2022 | 0.17 |
| Dec 31, 2021 | 0.18 |
| Sep 30, 2021 | 0.19 |
| Jun 30, 2021 | 0.22 |