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
DateValue
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