Alaska Air (ALK) Debt to Equity (2009 - 2026)
Alaska Air (ALK) reported Debt to Equity of $1.43 for Q1 2026, up 22.66% year-over-year from $1.16 in Q1 2025, and up 5.7% on a QoQ basis from $1.35 in Q4 2025.
Alaska Air (ALK) has 18 years of Debt to Equity data on file, last reported at $1.43 in Q1 2026.
- Quarterly Debt to Equity rose 22.66% year-over-year to $1.43 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.43 (up 22.66% YoY) and the FY2025 annual result came in at $1.35, up 18.24% from the prior year.
- Debt to Equity rose to $1.43 in Q1 2026 per ALK's latest filing, from $1.35 in the prior quarter.
- Across five years, Debt to Equity topped out at $1.43 in Q1 2026 and bottomed at $0.56 in Q1 2023.
- The 5-year median for Debt to Equity is $0.65 (2022), against an average of $0.87.
- The widest annual swing landed in 2022, when Debt to Equity slumped 47.54%; it then surged 98.52% in 2025.
- Tracing ALK's Debt to Equity over 5 years: stood at $0.57 in 2022, then advanced by 6.19% to $0.6 in 2023, then soared by 89.9% to $1.14 in 2024, then gained by 18.24% to $1.35 in 2025, then advanced by 5.7% to $1.43 in 2026.
- Per Business Quant, the three latest ALK Debt to Equity figures stand at $1.43 (Q1 2026), $1.35 (Q4 2025), and $1.24 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 0.70 |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 0.78 |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | - |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | - |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 1.43 |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 0.88 |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 0.71 |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | 4.66 |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 1.63 |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | 2.63 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.43 |
| Dec 31, 2025 | 1.35 |
| Sep 30, 2025 | 1.24 |
| Jun 30, 2025 | 1.26 |
| Mar 31, 2025 | 1.16 |
| Dec 31, 2024 | 1.14 |
| Sep 30, 2024 | 1.05 |
| Jun 30, 2024 | 0.63 |
| Mar 31, 2024 | 0.64 |
| Dec 31, 2023 | 0.60 |
| Sep 30, 2023 | 0.70 |
| Jun 30, 2023 | 0.62 |
| Mar 31, 2023 | 0.56 |
| Dec 31, 2022 | 0.57 |
| Sep 30, 2022 | 0.58 |
| Jun 30, 2022 | 0.61 |
| Mar 31, 2022 | 0.65 |
| Dec 31, 2021 | 0.67 |
| Sep 30, 2021 | 0.75 |
| Jun 30, 2021 | 0.96 |
| Mar 31, 2021 | 1.24 |
| Dec 31, 2020 | 1.17 |
| Sep 30, 2020 | 1.11 |
| Jun 30, 2020 | 0.68 |
| Mar 31, 2020 | 0.56 |
| Dec 31, 2019 | 0.35 |
| Sep 30, 2019 | 0.40 |
| Jun 30, 2019 | 0.46 |
| Mar 31, 2019 | 0.52 |
| Dec 31, 2018 | 0.56 |
| Sep 30, 2018 | 0.54 |
| Jun 30, 2018 | 0.64 |
| Mar 31, 2018 | 0.71 |
| Dec 31, 2017 | 0.74 |
| Sep 30, 2017 | 0.77 |
| Jun 30, 2017 | 0.86 |
| Mar 31, 2017 | 0.95 |
| Dec 31, 2016 | 1.08 |
| Sep 30, 2016 | 0.75 |
| Jun 30, 2016 | 0.24 |
| Mar 31, 2016 | 0.26 |
| Dec 31, 2015 | 0.28 |
| Sep 30, 2015 | 0.30 |
| Jun 30, 2015 | 0.34 |
| Mar 31, 2015 | 0.35 |
| Dec 31, 2014 | 0.38 |
| Sep 30, 2014 | 0.37 |
| Jun 30, 2014 | 0.39 |
| Mar 31, 2014 | 0.40 |
| Dec 31, 2013 | 0.43 |
| Sep 30, 2013 | 0.50 |
| Jun 30, 2013 | 0.60 |
| Mar 31, 2013 | 0.65 |
| Dec 31, 2012 | 0.73 |
| Jun 30, 2012 | 0.89 |
| Mar 31, 2012 | 1.02 |
| Dec 31, 2011 | 1.11 |
| Sep 30, 2011 | 1.10 |
| Jun 30, 2011 | 1.17 |
| Mar 31, 2011 | 1.23 |
| Dec 31, 2010 | 1.39 |
| Sep 30, 2010 | 1.51 |
| Jun 30, 2010 | 1.83 |
| Dec 31, 2009 | 2.13 |