Alaska Air (ALK) EBT Margin (2009 - 2026)
Alaska Air (ALK) reported EBT Margin of -5.26% for Q2 2026, down 11.69 percentage points from 6.43% a year earlier but up 4.34 percentage points from the prior quarter.
Alaska Air (ALK) EBT Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Alaska Air's EBT Margin came in at -2.64%, down 5.71 percentage points year-over-year; for FY2025, it came in at 1.03%, down 3.62 percentage points from FY2024.
- EBT Margin has a five-year change of +52.62 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at 4.64% in FY2024 (+1.55 pp), 3.10% in FY2023 (+2.28 pp), 0.82% in FY2022 (-9.37 pp) and 10.18% in FY2021 (+61.78 pp).
- Five-year quarterly EBT Margin spans a low of -12.25% in Q1 2022 and a high of 12.54% in Q3 2021.
- Year over year, EBT Margin has now declined in each of the last five quarters, with an average year-over-year change of -2.62 percentage points over the last eight quarters.
- The high point for year-over-year EBT Margin in five years was Q3 2021 (a gain of 96.57 percentage points); the low point was Q2 2022 (a drop of 27.62 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -9.61% (Q1 2026), 0.83% (Q4 2025) and 2.95% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - | 37.22% |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | 33.55% |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | 3.33% |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | 32.64% |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | 27.68% |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | 8.43% |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | 5.32% |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | 30.08% |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | 5.81% |
| 10 | Alaska Air | 3.86 Bn | -3.96 Bn | - | -5.26% |
Historic 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 | 2.24% |
| 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% |
Alaska Air EBT 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=ebt-margin&ticker=ALK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=ALK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();