KPIs & Operating Metrics(New)
Growth Metrics

Alaska Air (ALK) Equity Ratio (2009 - 2026)

Alaska Air (ALK) reported Equity Ratio of 0.18 for Q1 2026, down 11.95% year-over-year from 0.21 in Q1 2025, and down 9.12% on a QoQ basis from 0.2 in Q4 2025.

Alaska Air (ALK) has 18 years of Equity Ratio data on file, last reported at 0.18 in Q1 2026.

  • Quarterly Equity Ratio fell 11.95% year-over-year to 0.18 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.18 (down 11.95% YoY) and the FY2025 annual result came in at 0.2, down 8.55% from the prior year.
  • Equity Ratio eased to 0.18 in Q1 2026 per ALK's latest filing, from 0.2 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.28 in Q4 2023 and bottomed at 0.18 in Q1 2026.
  • The 5-year median for Equity Ratio is 0.26 (2022), against an average of 0.24.
  • The widest annual swing landed in 2022, when Equity Ratio grew 26.97%; it then retreated 28.03% in 2025.
  • Tracing ALK's Equity Ratio over 5 years: stood at 0.27 in 2022, then climbed by 4.63% to 0.28 in 2023, then dropped by 21.42% to 0.22 in 2024, then decreased by 8.55% to 0.2 in 2025, then slipped by 9.12% to 0.18 in 2026.
  • Per Business Quant, the three latest ALK Equity Ratio figures stand at 0.18 (Q1 2026), 0.2 (Q4 2025), and 0.2 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Delta Air Lines 53.78 Bn 48.72 Bn 15.19 Bn 0.24
2 Southwest Airlines 21.39 Bn 18.06 Bn 6.21 Bn 0.23
3 Grupo Aeromexico, S.A.B. de C.V 18.50 Bn 17.47 Bn -239.00 Mn -
4 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.98 Bn 8.98 Bn - -
5 Alaska Air 5.26 Bn 3.49 Bn 3.20 Bn 0.18
6 Skywest 3.43 Bn 2.80 Bn 924.11 Mn 0.37
7 Copa Holdings 3.33 Bn 1.99 Bn 713.71 Mn 0.42
8 Jetblue Airways 2.03 Bn -140.72 Mn 1.87 Bn 0.11
9 Allegiant Travel 1.67 Bn 765.78 Mn 651.87 Mn 0.25
10 Frontier Group Holdings 1.39 Bn 618.26 Mn 724.00 Mn 0.03

Historic Data

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DateValue
Mar 31, 2026 0.18
Dec 31, 2025 0.20
Sep 30, 2025 0.20
Jun 30, 2025 0.20
Mar 31, 2025 0.21
Dec 31, 2024 0.22
Sep 30, 2024 0.23
Jun 30, 2024 0.28
Mar 31, 2024 0.27
Dec 31, 2023 0.28
Sep 30, 2023 0.27
Jun 30, 2023 0.27
Mar 31, 2023 0.26
Dec 31, 2022 0.27
Sep 30, 2022 0.26
Jun 30, 2022 0.26
Mar 31, 2022 0.26
Dec 31, 2021 0.27
Sep 30, 2021 0.25
Jun 30, 2021 0.23
Mar 31, 2021 0.20
Dec 31, 2020 0.21
Sep 30, 2020 0.23
Jun 30, 2020 0.28
Mar 31, 2020 0.30
Dec 31, 2019 0.33
Sep 30, 2019 0.33
Jun 30, 2019 0.31
Mar 31, 2019 0.30
Dec 31, 2018 0.34
Sep 30, 2018 0.35
Jun 30, 2018 0.33
Mar 31, 2018 0.32
Dec 31, 2017 0.32
Sep 30, 2017 0.33
Jun 30, 2017 0.30
Mar 31, 2017 0.29
Dec 31, 2016 0.28
Sep 30, 2016 0.33
Jun 30, 2016 0.37
Mar 31, 2016 0.36
Dec 31, 2015 0.37
Sep 30, 2015 0.36
Jun 30, 2015 0.34
Mar 31, 2015 0.34
Dec 31, 2014 0.35
Sep 30, 2014 0.36
Jun 30, 2014 0.35
Mar 31, 2014 0.35
Dec 31, 2013 0.35
Sep 30, 2013 0.31
Jun 30, 2013 0.26
Mar 31, 2013 0.26
Dec 31, 2012 0.26
Jun 30, 2012 0.24
Mar 31, 2012 0.23
Dec 31, 2011 0.23
Sep 30, 2011 0.24
Jun 30, 2011 0.23
Mar 31, 2011 0.23
Dec 31, 2010 0.22
Sep 30, 2010 0.21
Jun 30, 2010 0.18
Dec 31, 2009 0.17