Alaska Air ALK
NYSE ALK
$40.12 -0.24 (-0.59%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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