Alaska Air (ALK) EBT Margin (2009 - 2026)
Alaska Air's (ALK) quarterly EBT Margin came in at 9.61% in Q1 2026, down 218.0% year-on-year from 8.14% in Q1 2025, and down 1262.97% on a QoQ basis from 0.83% in Q4 2025.
Alaska Air (ALK) EBT Margin (2009 - 2026) Analysis & Trends
Alaska Air (ALK) has 18 years of EBT Margin data on file, last reported at 9.61% in Q1 2026.
- On a quarterly basis, EBT Margin fell 218.0% year-over-year to 9.61% in Q1 2026; TTM through Mar 2026 was 0.43%, a 448.0% decrease from a year earlier, with the FY2025 full-year figure at 1.03%, down 362.0% from the prior year.
- EBT Margin for Q1 2026 stood at 9.61%, down from 0.83% in the prior quarter.
- Over the last five years, EBT Margin for ALK reached as high as 11.45% in Q2 2023 and fell as low as 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.
- Year by year, EBT Margin stood at 1.41% in 2022, then tumbled by 89 bps to 0.16% in 2023, then jumped 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.
- Per Business Quant data, the three most recent EBT Margin figures were 9.61% in Q1 2026, 0.83% in Q4 2025, and 2.95% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,820.50 Bn | 30,817.83 Bn | 1.28 Mn | 0.02% |
| 2 | Ryanair Holdings | 60.98 Bn | 57.79 Bn | - | - |
| 3 | Delta Air Lines | 56.59 Bn | 51.93 Bn | 19.07 Bn | 10.17% |
| 4 | Southwest Airlines | 22.17 Bn | 18.38 Bn | 7.33 Bn | 3.63% |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.94 Bn | 8.12 Bn | - | -21.54% |
| 6 | Copa Holdings | 5.67 Bn | 4.33 Bn | 713.71 Mn | 19.94% |
| 7 | Alaska Air | 5.36 Bn | 3.60 Bn | 3.20 Bn | -9.61% |
| 8 | Skywest | 4.31 Bn | 3.71 Bn | 1.01 Bn | 12.59% |
| 9 | Jetblue Airways | 2.02 Bn | 1.61 Bn | 1.87 Bn | -15.00% |
| 10 | Allegiant Travel | 1.82 Bn | 916.08 Mn | 651.87 Mn | 9.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 34.58% |