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
DateValue
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%