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% on a QoQ basis from 1.07 in Q4 2025.
Alaska Air (ALK) has 18 years of Interest Coverage Ratio data on file, last reported at 3.67 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 22.99% year-over-year to 3.67 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.78 (up 8.43% YoY) and the FY2025 annual result came in at 1.11, down 66.58% from the prior year.
- Interest Coverage Ratio slipped to 3.67 in Q1 2026 per ALK's latest filing, from 1.07 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 12.04 in Q2 2023 and bottomed at 7.48 in Q1 2022.
- The 5-year median for Interest Coverage Ratio is 1.07 (2025), against an average of 1.2.
- The widest annual swing landed in 2024, when Interest Coverage Ratio tumbled 119.04%; it then soared 278.9% in 2025.
- Tracing ALK's Interest Coverage Ratio over 5 years: stood at 0.96 in 2022, then rose by 7.71% to 1.03 in 2023, then rose by 26.28% to 1.3 in 2024, then dropped by 17.81% to 1.07 in 2025, then tumbled by 442.63% to 3.67 in 2026.
- Per Business Quant, the three latest ALK Interest Coverage Ratio figures stand at 3.67 (Q1 2026), 1.07 (Q4 2025), and 2.11 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | - |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 6.11 |
| 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 | - | 0.28 |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | -3.67 |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 5.06 |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | -7.63 |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | -1.56 |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 2.77 |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | -23.58 |
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 |
| Mar 31, 2021 | -5.03 |
| Dec 31, 2020 | -17.50 |
| Sep 30, 2020 | -16.79 |
| Jun 30, 2020 | -16.94 |
| Mar 31, 2020 | -24.69 |
| Dec 31, 2019 | 14.00 |
| Sep 30, 2019 | 23.44 |
| Jun 30, 2019 | 18.20 |
| Mar 31, 2019 | 1.14 |
| Dec 31, 2018 | 2.30 |
| Sep 30, 2018 | 13.50 |
| Jun 30, 2018 | 10.84 |
| Mar 31, 2018 | 1.21 |
| Dec 31, 2017 | 5.27 |
| Sep 30, 2017 | 16.42 |
| Jun 30, 2017 | 18.73 |
| Mar 31, 2017 | 6.28 |
| Dec 31, 2016 | 9.00 |
| Sep 30, 2016 | 36.36 |
| Jun 30, 2016 | 46.44 |
| Mar 31, 2016 | 22.31 |
| Dec 31, 2015 | 25.50 |
| Sep 30, 2015 | 43.30 |
| Jun 30, 2015 | 33.82 |
| Mar 31, 2015 | 21.64 |
| Dec 31, 2014 | 20.17 |
| Sep 30, 2014 | 26.33 |
| Jun 30, 2014 | 21.92 |
| Mar 31, 2014 | 11.75 |
| Dec 31, 2013 | 9.29 |
| Sep 30, 2013 | 36.15 |
| Jun 30, 2013 | 12.43 |
| Mar 31, 2013 | 4.00 |
| Dec 31, 2012 | 4.93 |
| Sep 30, 2012 | 17.93 |
| Jun 30, 2012 | 6.82 |
| Mar 31, 2012 | 4.24 |
| Dec 31, 2011 | 6.38 |
| Sep 30, 2011 | 5.57 |
| Jun 30, 2011 | 2.89 |
| Mar 31, 2011 | 5.72 |
| Dec 31, 2010 | 4.46 |
| Sep 30, 2010 | 7.35 |
| Jun 30, 2010 | 4.17 |
| Mar 31, 2010 | 1.00 |
| Dec 31, 2009 | 1.99 |
| Sep 30, 2009 | 6.17 |
| Jun 30, 2009 | 2.66 |