Alaska Air (ALK) EBIT Margin (2009 - 2026)
Alaska Air's (ALK) quarterly EBIT Margin came in at 4.13% in Q2 2026, down 1161.0% year-over-year from 0.39% in Q2 2025, and up 51.12% quarter-over-quarter from 8.45% in Q1 2026.
Analysis
Alaska Air (ALK) EBIT Margin (2009 - 2026) Analysis & Trends
Alaska Air (ALK) has reported EBIT Margin for 18 consecutive years, with 4.13% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBIT Margin fell 1161.0% year-over-year to 4.13% in Q2 2026; TTM through Jun 2026 was 1.52%, a 610.0% decrease from a year earlier, with the FY2025 full-year figure at 2.13%, down 273.0% from the prior year.
- EBIT Margin was 4.13% for Q2 2026 at Alaska Air, up from 8.45% in the prior quarter.
- Over five years, EBIT Margin peaked at 11.87% in Q2 2023 and troughed at 12.02% in Q1 2022.
- A 5-year average of 1.56% and a median of 2.13% in 2025 frame the typical range for EBIT Margin.
- The widest YoY moves for EBIT Margin: up 818 bps in 2022, down 2892 bps in 2022.
- Over 5 years, EBIT Margin stood at 0.93% in 2022, then soared by 35 bps to 1.25% in 2023, then jumped by 570 bps to 8.4% in 2024, then slumped by 75 bps to 2.06% in 2025, then sank by 300 bps to 4.13% in 2026.
- The last three EBIT Margin figures came in at 4.13% (Q2 2026), 8.45% (Q1 2026), and 2.06% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.66 Bn | 46.99 Bn | 19.07 Bn | 9.43% |
| 2 | Ryanair Holdings | 28.60 Bn | 24.67 Bn | - | 13.12% |
| 3 | Southwest Airlines | 18.92 Bn | 15.13 Bn | 7.33 Bn | 3.38% |
| 4 | Copa Holdings | 5.36 Bn | 4.10 Bn | 1.03 Bn | 8.65% |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | -4.13% |
| 6 | Skywest | 3.79 Bn | 3.19 Bn | 1.01 Bn | 14.13% |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.29 Bn | 1.25 Bn | - | 4.60% |
| 8 | Allegiant Travel | 1.75 Bn | 699.04 Mn | 902.77 Mn | 2.24% |
| 9 | Jetblue Airways | 1.64 Bn | -375.44 Mn | 2.32 Bn | -5.23% |
| 10 | Frontier Group Holdings | 1.30 Bn | 347.83 Mn | - | -7.58% |
Historic Data
Download Data
Historic 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% |