Alaska Air (ALK) Interest Coverage Ratio (2009 - 2026)
Alaska Air (ALK) reported Interest Coverage Ratio of 3.67 for Q1 2026, down 22.99% year-over-year from 4.77 in Q1 2025, and down 442.63% quarter-over-quarter from 1.07 in Q4 2025.
Alaska Air (ALK) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Alaska Air (ALK) has 18 years of Interest Coverage Ratio data on file, last reported at 3.67 in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 3.67, down 22.99% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.78 (up 8.43% YoY), and the FY2025 annual result was 1.11, down 66.58% from the prior year.
- Interest Coverage Ratio retreated to 3.67 in Q1 2026 per ALK's latest filing, from 1.07 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 12.04 in Q2 2023 and troughed at 7.48 in Q1 2022.
- A 5-year average of 1.2 and a median of 1.07 in 2025 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio sank 119.04% in 2024, then surged 278.9% in 2025.
- A 5-year view of Interest Coverage Ratio shows it stood at 0.96 in 2022, then advanced by 7.71% to 1.03 in 2023, then advanced by 26.28% to 1.3 in 2024, then fell by 17.81% to 1.07 in 2025, then sank by 442.63% to 3.67 in 2026.
- Business Quant data shows ALK's Interest Coverage Ratio at 3.67 in Q1 2026, 1.07 in Q4 2025, and 2.11 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | - |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | - |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 1.10 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 6.11 |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | -7.63 |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -3.67 |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 5.06 |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | 0.28 |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -1.56 |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 2.77 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.67 |
| Dec 31, 2025 | 1.07 |
| Sep 30, 2025 | 2.11 |
| Jun 30, 2025 | 4.20 |
| Mar 31, 2025 | -2.98 |
| Dec 31, 2024 | 1.30 |
| Sep 30, 2024 | -1.18 |
| Jun 30, 2024 | 8.94 |
| Mar 31, 2024 | -4.74 |
| Dec 31, 2023 | 1.03 |
| Sep 30, 2023 | 6.21 |
| Jun 30, 2023 | 12.04 |
| Mar 31, 2023 | -6.64 |
| Dec 31, 2022 | 0.96 |
| Sep 30, 2022 | 2.00 |
| Jun 30, 2022 | 7.19 |
| Mar 31, 2022 | -7.48 |
| Dec 31, 2021 | 1.44 |
| Sep 30, 2021 | 8.60 |
| Jun 30, 2021 | 14.08 |