Alaska Air (ALK) EBIT Margin (2009 - 2026)
Alaska Air (ALK) posted quarterly EBIT Margin of 8.45% for Q1 2026, down 217.0% year-over-year from 7.23% in Q1 2025, and down 509.43% quarter-over-quarter from 2.06% in Q4 2025.
Alaska Air (ALK) EBIT Margin (2009 - 2026) Analysis & Trends
Alaska Air (ALK) has reported EBIT Margin for 18 consecutive years, with 8.45% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBIT Margin fell 217.0% year-over-year to 8.45%; the TTM figure through Mar 2026 stood at 1.53% (down 387.0% YoY), while the FY2025 annual figure was 2.13%, down 273.0% from the prior year.
- EBIT Margin retreated to 8.45% in Q1 2026 per ALK's latest filing, from 2.06% in the prior quarter.
- Across five years, EBIT Margin topped out at 11.87% in Q2 2023 and bottomed at 12.02% in Q1 2022.
- Historically, EBIT Margin has averaged 1.89% across 5 years, with a median of 2.19% in 2022.
- On a YoY basis, EBIT Margin climbed as much as 818 bps in 2022 and fell as far as 2892 bps in 2022.
- Alaska Air's EBIT Margin stood at 0.93% in 2022, then surged by 35 bps to 1.25% in 2023, then soared by 570 bps to 8.4% in 2024, then slumped by 75 bps to 2.06% in 2025, then sank by 509 bps to 8.45% in 2026.
- Business Quant data shows ALK's EBIT Margin at 8.45% in Q1 2026, 2.06% in Q4 2025, and 3.93% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 9.43% |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | 12.63% |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | 3.38% |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 8.65% |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | -4.13% |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 14.13% |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | -5.23% |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | 2.24% |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | -7.58% |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn | 10.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -4.13% |
| Mar 31, 2026 | -8.45% |
| Dec 31, 2025 | 2.06% |
| Sep 30, 2025 | 3.93% |
| Jun 30, 2025 | 7.48% |
| Mar 31, 2025 | -6.28% |
| Dec 31, 2024 | 8.40% |
| Sep 30, 2024 | 11.10% |
| Jun 30, 2024 | 11.11% |
| Mar 31, 2024 | -7.44% |
| Dec 31, 2023 | 1.25% |
| Sep 30, 2023 | 7.43% |
| Jun 30, 2023 | 11.87% |
| Mar 31, 2023 | -8.47% |
| Dec 31, 2022 | 0.93% |
| Sep 30, 2022 | 2.19% |
| Jun 30, 2022 | 7.04% |
| Mar 31, 2022 | -12.02% |
| Dec 31, 2021 | 2.05% |
| Sep 30, 2021 | 13.21% |