Alaska Air (ALK) Debt Ratio (2009 - 2026)
Alaska Air (ALK) posted quarterly Debt Ratio of 0.26 for Q1 2026, down 2.51% year-over-year from 0.27 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 reported Debt Ratio for 18 consecutive years, with 0.26 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt Ratio fell 2.51% year-over-year to 0.26; the TTM figure through Mar 2026 stood at 0.26 (down 2.51% YoY), while the FY2025 annual figure was 0.27, up 8.12% from the prior year.
- Debt Ratio declined to 0.26 in Q1 2026 per ALK's latest filing, from 0.27 in the prior quarter.
- Across five years, Debt Ratio topped out at 53.07 in Q3 2024 and bottomed at 0.15 in Q3 2022.
- Historically, Debt Ratio has averaged 3.32 across 5 years, with a median of 0.19 in 2023.
- Annual changes were most pronounced in 2024 — Debt Ratio surged 25466.69% — and 2025, when it sank 99.53%.
- Alaska Air's Debt Ratio stood at 0.17 in 2022, then climbed by 10.03% to 0.19 in 2023, then soared by 33.6% to 0.25 in 2024, then increased by 8.12% to 0.27 in 2025, then slipped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn | 0.19 |
| 2 | Ryanair Holdings | 29.45 Bn | 26.24 Bn | - | 0.00 |
| 3 | Southwest Airlines | 19.73 Bn | 15.94 Bn | 7.33 Bn | 0.20 |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | 0.32 |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | 0.31 |
| 6 | Skywest | 3.99 Bn | 3.38 Bn | 1.01 Bn | 0.31 |
| 7 | Allegiant Travel | 1.86 Bn | 807.93 Mn | 902.77 Mn | 0.48 |
| 8 | Jetblue Airways | 1.83 Bn | -189.37 Mn | 2.32 Bn | 0.55 |
| 9 | Frontier Group Holdings | 1.36 Bn | 408.77 Mn | - | 0.10 |
| 10 | Republic Airways Holdings | 853.83 Mn | 576.23 Mn | 487.40 Mn | 0.33 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.31 |
| 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 |