Alaska Air (ALK) Debt Ratio (2009 - 2026)
Alaska Air's (ALK) quarterly Debt Ratio came in at 0.31 in Q2 2026, up 11.67% year-over-year from 0.27 in Q2 2025, and up 11.35% quarter-over-quarter from 0.27 in Q1 2026.
Analysis
Alaska Air (ALK) Debt Ratio (2009 - 2026) Analysis & Trends
Alaska Air (ALK) has reported Debt Ratio for 18 consecutive years, with 0.31 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Debt Ratio rose 11.67% year-over-year to 0.31 in Q2 2026; TTM through Jun 2026 was 0.31, a 11.67% increase from a year earlier, with the FY2025 full-year figure at 0.3, up 8.76% from the prior year.
- Debt Ratio was 0.31 for Q2 2026 at Alaska Air, up from 0.27 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.31 in Q2 2026 and troughed at 0.16 in Q1 2023.
- A 5-year average of 0.23 and a median of 0.2 in 2023 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio sank 44.54% in 2022 and jumped 44.18% in 2024, its largest moves.
- Over 5 years, Debt Ratio stood at 0.17 in 2022, then gained by 10.03% to 0.19 in 2023, then surged by 44.18% to 0.27 in 2024, then grew by 8.76% to 0.3 in 2025, then gained by 3.3% to 0.31 in 2026.
- The last three Debt Ratio figures came in at 0.31 (Q2 2026), 0.27 (Q1 2026), and 0.3 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.14 Bn | 46.47 Bn | 19.07 Bn | 0.20 |
| 2 | Ryanair Holdings | 27.96 Bn | 24.03 Bn | - | 0.00 |
| 3 | Southwest Airlines | 18.91 Bn | 15.12 Bn | 7.33 Bn | 0.20 |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 0.32 |
| 5 | Alaska Air | 4.45 Bn | 1.79 Bn | 3.76 Bn | 0.31 |
| 6 | Skywest | 3.77 Bn | 3.17 Bn | 1.01 Bn | 0.31 |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.20 Bn | 1.17 Bn | - | 0.06 |
| 8 | Allegiant Travel | 1.74 Bn | 681.68 Mn | 902.77 Mn | 0.48 |
| 9 | Jetblue Airways | 1.65 Bn | -373.56 Mn | 2.32 Bn | 0.55 |
| 10 | Frontier Group Holdings | 1.27 Bn | 311.03 Mn | - | 0.10 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.31 |
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.30 |
| Sep 30, 2025 | 0.28 |
| Jun 30, 2025 | 0.27 |
| Mar 31, 2025 | 0.27 |
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.26 |
| Jun 30, 2024 | 0.20 |
| Mar 31, 2024 | 0.19 |
| Dec 31, 2023 | 0.19 |
| Sep 30, 2023 | 0.21 |
| Jun 30, 2023 | 0.18 |
| Mar 31, 2023 | 0.16 |
| Dec 31, 2022 | 0.17 |
| Sep 30, 2022 | 0.17 |
| Jun 30, 2022 | 0.18 |
| Mar 31, 2022 | 0.19 |
| Dec 31, 2021 | 0.21 |
| Sep 30, 2021 | 0.22 |