Alaska Air (ALK) Interest Coverage Ratio (2009 - 2026)
Alaska Air's (ALK) quarterly Interest Coverage Ratio came in at 1.95 in Q2 2026, down 146.55% year-over-year from 4.2 in Q2 2025, and up 46.79% quarter-over-quarter from 3.67 in Q1 2026.
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Alaska Air (ALK) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Alaska Air (ALK) has reported Interest Coverage Ratio for 18 consecutive years, with 1.95 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio fell 146.55% year-over-year to 1.95 in Q2 2026; TTM through Jun 2026 was 0.74, a 134.83% decrease from a year earlier, with the FY2025 full-year figure at 1.11, down 66.58% from the prior year.
- Interest Coverage Ratio was 1.95 for Q2 2026 at Alaska Air, up from 3.67 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 1.52 and a median of 1.19 in 2024 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio jumped 210.29% in 2023 and slumped 146.55% in 2026, its largest moves.
- Over 5 years, Interest Coverage Ratio stood at 0.96 in 2022, then gained by 7.71% to 1.03 in 2023, then gained by 26.28% to 1.3 in 2024, then declined by 17.81% to 1.07 in 2025, then sank by 282.33% to 1.95 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.95 (Q2 2026), 3.67 (Q1 2026), and 1.07 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.14 Bn | 46.47 Bn | 19.07 Bn | - |
| 2 | Ryanair Holdings | 27.96 Bn | 24.03 Bn | - | - |
| 3 | Southwest Airlines | 18.91 Bn | 15.12 Bn | 7.33 Bn | 4.45 |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 3.25 |
| 5 | Alaska Air | 4.45 Bn | 1.79 Bn | 3.76 Bn | -1.95 |
| 6 | Skywest | 3.77 Bn | 3.17 Bn | 1.01 Bn | 6.25 |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.20 Bn | 1.17 Bn | - | 0.50 |
| 8 | Allegiant Travel | 1.74 Bn | 681.68 Mn | 902.77 Mn | 0.53 |
| 9 | Jetblue Airways | 1.65 Bn | -373.56 Mn | 2.32 Bn | -0.96 |
| 10 | Frontier Group Holdings | 1.27 Bn | 311.03 Mn | - | -9.70 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.95 |
| 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 | 7.75 |
| 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 |