Alaska Air (ALK) EBT Margin (2009 - 2026)
Alaska Air (ALK) posted quarterly EBT Margin of 9.61% for Q1 2026, down 218.0% year-over-year from 8.14% in Q1 2025, and down 1262.97% quarter-over-quarter from 0.83% in Q4 2025.
Alaska Air (ALK) EBT Margin (2009 - 2026) Analysis & Trends
Alaska Air (ALK) has reported EBT Margin for 18 consecutive years, with 9.61% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT Margin fell 218.0% year-over-year to 9.61%; the TTM figure through Mar 2026 stood at 0.43% (down 448.0% YoY), while the FY2025 annual figure was 1.03%, down 362.0% from the prior year.
- EBT Margin eased to 9.61% in Q1 2026 per ALK's latest filing, from 0.83% in the prior quarter.
- Across five years, EBT Margin topped out at 11.45% in Q2 2023 and bottomed at 12.25% in Q1 2022.
- Historically, EBT Margin has averaged 1.39% across 5 years, with a median of 2.3% in 2022.
- On a YoY basis, EBT Margin climbed as much as 945 bps in 2022 and fell as far as 2762 bps in 2022.
- Alaska Air's EBT Margin stood at 1.41% in 2022, then tumbled by 89 bps to 0.16% in 2023, then surged by 5702 bps to 9.09% in 2024, then plunged by 91 bps to 0.83% in 2025, then slumped by 1263 bps to 9.61% in 2026.
- Business Quant data shows ALK's EBT Margin at 9.61% in Q1 2026, 0.83% in Q4 2025, and 2.95% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 10.17% |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | 13.02% |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | 3.63% |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 7.30% |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | -5.26% |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 12.59% |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | -10.05% |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | -0.55% |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | -7.35% |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn | 7.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -5.26% |
| Mar 31, 2026 | -9.61% |
| Dec 31, 2025 | 0.83% |
| Sep 30, 2025 | 2.95% |
| Jun 30, 2025 | 6.43% |
| Mar 31, 2025 | -7.43% |
| Dec 31, 2024 | 9.09% |
| Sep 30, 2024 | 10.68% |
| Jun 30, 2024 | 10.91% |
| Mar 31, 2024 | -7.97% |
| Dec 31, 2023 | 0.16% |
| Sep 30, 2023 | 6.80% |
| Jun 30, 2023 | 11.45% |
| Mar 31, 2023 | -9.06% |
| Dec 31, 2022 | 1.41% |
| Sep 30, 2022 | 2.30% |
| Jun 30, 2022 | 6.96% |
| Mar 31, 2022 | -12.25% |
| Dec 31, 2021 | 1.53% |
| Sep 30, 2021 | 12.54% |