Alaska Air (ALK) Interest Coverage Ratio (2009 - 2026)
Alaska Air's (ALK) quarterly Interest Coverage Ratio came in at 3.67 in Q1 2026, down 24.85% year-on-year from 4.89 in Q1 2025, and down 447.53% on a QoQ basis from 1.06 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.
- On a quarterly basis, Interest Coverage Ratio fell 24.85% year-over-year to 3.67 in Q1 2026; TTM through Mar 2026 was 0.78, a 69.43% decrease from a year earlier, with the FY2025 full-year figure at 0.87, down 60.9% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 3.67, down from 1.06 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for ALK reached as high as 25.92 in Q2 2023 and fell as low as 5.81 in Q1 2023.
- Historically, Interest Coverage Ratio has averaged 3.39 across 5 years, with a median of 1.14 in 2024.
- Across the five-year window, Interest Coverage Ratio plunged 93.97% in 2022 and surged 320.61% in 2024, its largest moves.
- Year by year, Interest Coverage Ratio stood at 0.26 in 2022, then rose by 3.76% to 0.27 in 2023, then jumped by 320.61% to 1.14 in 2024, then fell by 7.39% to 1.06 in 2025, then plunged by 447.53% to 3.67 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 3.67 in Q1 2026, 1.06 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 | Latam Airlines | 30,738.00 Bn | 30,735.33 Bn | 1.28 Mn | -5.02 |
| 2 | Ryanair Holdings | 60.93 Bn | 57.74 Bn | - | -38.62 |
| 3 | Delta Air Lines | 56.54 Bn | 51.88 Bn | 19.07 Bn | -155.33 |
| 4 | Southwest Airlines | 22.23 Bn | 18.44 Bn | 7.33 Bn | 3.10 |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.15 Bn | - | 1.22 |
| 6 | Copa Holdings | 5.68 Bn | 4.34 Bn | 713.71 Mn | -7.63 |
| 7 | Alaska Air | 5.36 Bn | 3.59 Bn | 3.20 Bn | -3.67 |
| 8 | Skywest | 4.29 Bn | 3.69 Bn | 1.01 Bn | 1.25 |
| 9 | Jetblue Airways | 2.02 Bn | 1.61 Bn | 1.87 Bn | -1.56 |
| 10 | Allegiant Travel | 1.82 Bn | 916.72 Mn | 651.87 Mn | 0.05 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.67 |
| Dec 31, 2025 | 1.06 |
| Sep 30, 2025 | 2.11 |
| Jun 30, 2025 | 4.20 |
| Mar 31, 2025 | -2.94 |
| Dec 31, 2024 | 1.14 |
| Sep 30, 2024 | 7.75 |
| Jun 30, 2024 | 8.94 |
| Mar 31, 2024 | -4.74 |
| Dec 31, 2023 | 0.27 |
| Sep 30, 2023 | 14.07 |
| Jun 30, 2023 | 25.92 |
| Mar 31, 2023 | -5.81 |
| Dec 31, 2022 | 0.26 |
| Sep 30, 2022 | 3.88 |
| Jun 30, 2022 | 11.00 |
| Mar 31, 2022 | -5.77 |
| Dec 31, 2021 | 4.33 |
| Sep 30, 2021 | 12.90 |
| Jun 30, 2021 | 14.08 |