Alaska Air (ALK) EBIT Margin (2009 - 2026)
Alaska Air (ALK) recorded EBIT Margin of -4.13% in Q2 2026, down 11.61 percentage points from 7.48% a year earlier but up 4.32 percentage points from the prior quarter.
Alaska Air (ALK) EBIT Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Alaska Air's EBIT Margin came in at -1.52% as of Jun 30, 2026, down 5.19 percentage points year-over-year; for FY2025, it was 2.13%, down 2.73 percentage points from FY2024.
- Annual EBIT Margin has a five-year change of +51.90 percentage points (FY2020 to FY2025).
- Across earlier years, EBIT Margin came in at 4.86% in FY2024 (+1.08 pp), 3.78% in FY2023 (+3.05 pp), 0.73% in FY2022 (-10.37 pp) and 11.09% in FY2021 (+60.87 pp).
- Quarterly EBIT Margin has ranged from -12.02% in Q1 2022 to 13.21% in Q3 2021 over the past five years.
- On a year-over-year basis, EBIT Margin rose in three of the last eight quarters, with an average year-over-year change of -2.37 percentage points.
- Peak year-over-year performance for EBIT Margin in the last five years was a gain of 94.67 percentage points in Q3 2021, against a drop of 28.92 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -8.45% (Q1 2026), 2.06% (Q4 2025) and 3.93% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 40.25% |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 38.27% |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 35.35% |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 4.07% |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 32.44% |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 6.20% |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 9.43% |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 29.94% |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 13.12% |
| 10 | Alaska Air | 4.32 Bn | -3.50 Bn | - | -4.13% |
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 | 2.07% |
| 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% |
Alaska Air EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=ALK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "ALK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=ALK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();