Alaska Air (ALK) Debt Ratio (2009 - 2026)
Alaska Air's (ALK) quarterly Debt Ratio came in at 0.26 in Q1 2026, down 2.51% year-on-year from 0.27 in Q1 2025, and down 3.93% on a QoQ basis 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.
- On a quarterly basis, Debt Ratio fell 2.51% year-over-year to 0.26 in Q1 2026; TTM through Mar 2026 was 0.26, a 2.51% decrease from a year earlier, with the FY2025 full-year figure at 0.27, up 8.12% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.26, down from 0.27 in the prior quarter.
- Over the last five years, Debt Ratio for ALK reached as high as 53.07 in Q3 2024 and fell as low as 0.15 in Q3 2022.
- Historically, Debt Ratio has averaged 3.32 across 5 years, with a median of 0.19 in 2023.
- Across the five-year window, Debt Ratio soared 25466.69% in 2024 and tumbled 99.53% in 2025, its largest moves.
- Year by year, Debt Ratio stood at 0.17 in 2022, then increased by 10.03% to 0.19 in 2023, then surged by 33.6% to 0.25 in 2024, then gained by 8.12% to 0.27 in 2025, then declined by 3.93% to 0.26 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 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 | Latam Airlines | 30,552.37 Bn | 30,549.70 Bn | 1.28 Mn | 0.00 |
| 2 | Ryanair Holdings | 61.66 Bn | 58.47 Bn | - | 0.00 |
| 3 | Delta Air Lines | 56.53 Bn | 51.86 Bn | 19.07 Bn | 0.16 |
| 4 | Southwest Airlines | 22.23 Bn | 18.44 Bn | 7.33 Bn | 0.20 |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.92 Bn | 8.09 Bn | - | 0.08 |
| 6 | Copa Holdings | 5.69 Bn | 4.35 Bn | 713.71 Mn | 0.30 |
| 7 | Alaska Air | 5.42 Bn | 3.66 Bn | 3.20 Bn | 0.26 |
| 8 | Skywest | 4.27 Bn | 3.67 Bn | 1.01 Bn | 0.31 |
| 9 | Jetblue Airways | 2.03 Bn | 1.62 Bn | 1.87 Bn | 0.51 |
| 10 | Allegiant Travel | 1.82 Bn | 919.45 Mn | 651.87 Mn | 0.43 |
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 | 0.27 |
| Dec 31, 2024 | 0.25 |
| Sep 30, 2024 | 53.07 |
| Jun 30, 2024 | 0.17 |
| Mar 31, 2024 | 0.17 |
| Dec 31, 2023 | 0.19 |
| Sep 30, 2023 | 0.21 |
| Jun 30, 2023 | 0.17 |
| Mar 31, 2023 | 0.16 |
| Dec 31, 2022 | 0.17 |
| Sep 30, 2022 | 0.15 |
| Jun 30, 2022 | 0.16 |
| Mar 31, 2022 | 0.19 |
| Dec 31, 2021 | 0.21 |
| Sep 30, 2021 | 0.22 |
| Jun 30, 2021 | 0.22 |