Alaska Air (ALK) EBITDA (2009 - 2026)
Alaska Air (ALK) reported EBITDA of $39 million for Q2 2026, down 91.8% from $476 million a year earlier.
Alaska Air (ALK) EBITDA (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Alaska Air's EBITDA came in at $589 million, down 51.6% year-over-year; for FY2025, it came in at $1.1 billion, down 4.8% from FY2024.
- By year, EBITDA came in at $1.15 billion in FY2024 (+36.4%), $845 million in FY2023 (+74.2%), $485 million in FY2022 (-55.1%) and $1.08 billion in FY2021.
- Five-year quarterly EBITDA spans a low of -$100 million in Q1 2022 and a high of $480 million in Q3 2024.
- Year over year, EBITDA gained in four of the last six quarters, with growth averaging 1.9%.
- The high point for year-over-year EBITDA in five years was Q3 2023 (growth of 95.2%); the low point was Q2 2026 (a decline of 91.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -$75 million (Q1 2026), $274 million (Q4 2025) and $351 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.50 Bn | 165.03 Bn | - | 3.40 Bn |
| 2 | Csx | 88.86 Bn | 85.07 Bn | - | 1.92 Bn |
| 3 | United Parcel Service | 82.91 Bn | 59.81 Bn | - | 1.91 Bn |
| 4 | Canadian Pacific Kansas City | 76.79 Bn | 75.81 Bn | - | 1.44 Bn |
| 5 | Norfolk Southern | 72.78 Bn | 67.42 Bn | - | 1.48 Bn |
| 6 | Fedex | 69.54 Bn | 35.48 Bn | - | 2.68 Bn |
| 7 | Delta Air Lines | 48.82 Bn | 31.01 Bn | - | 2.13 Bn |
| 8 | Old Dominion Freight Line | 38.83 Bn | 38.10 Bn | - | 557.01 Mn |
| 9 | United Airlines Holdings | 31.02 Bn | -25.36 Bn | - | 1.86 Bn |
| 10 | Alaska Air | 3.78 Bn | -4.04 Bn | - | 39.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.00 Mn |
| Mar 31, 2026 | -75.00 Mn |
| Dec 31, 2025 | 274.00 Mn |
| Sep 30, 2025 | 351.00 Mn |
| Jun 30, 2025 | 476.00 Mn |
| Mar 31, 2025 | -3.00 Mn |
| Dec 31, 2024 | 263.00 Mn |
| Sep 30, 2024 | 480.00 Mn |
| Jun 30, 2024 | 450.00 Mn |
| Mar 31, 2024 | -40.00 Mn |
| Dec 31, 2023 | 153.00 Mn |
| Sep 30, 2023 | 324.00 Mn |
| Jun 30, 2023 | 450.00 Mn |
| Mar 31, 2023 | -82.00 Mn |
| Dec 31, 2022 | 128.00 Mn |
| Sep 30, 2022 | 166.00 Mn |
| Jun 30, 2022 | 291.00 Mn |
| Mar 31, 2022 | -100.00 Mn |
| Dec 31, 2021 | 139.00 Mn |
| Sep 30, 2021 | 357.00 Mn |
Alaska Air EBITDA 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=ebitda&ticker=ALK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=ALK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();