Alaska Air (ALK) Operating Leases (2019 - 2026)

Alaska Air (ALK) reported Operating Leases of $1.1 billion for Q1 2026, down 5.33% year-over-year from $1.2 billion in Q1 2025, and little changed quarter-over-quarter from $1.1 billion in Q4 2025.

Alaska Air (ALK) Operating Leases (2019 - 2026) Analysis & Trends

Alaska Air (ALK) has 8 years of Operating Leases data on file, last reported at $1.1 billion in Q1 2026.

  • Operating Leases for Q1 2026 came in at $1.1 billion, down 5.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.1 billion (down 5.33% YoY), and the FY2025 annual result was $1.1 billion, down 4.76% from the prior year.
  • Operating Leases was little changed at $1.1 billion in Q1 2026 per ALK's latest filing, from $1.1 billion in the prior quarter.
  • Over five years, Operating Leases peaked at $1.5 billion in Q2 2022 and troughed at $1.0 billion in Q2 2024.
  • A 5-year average of $1.2 billion and a median of $1.2 billion in 2025 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2022 and 2023: Operating Leases rose 23.16% in 2022, then fell 24.9% in 2023.
  • A 5-year view of Operating Leases shows it stood at $1.4 billion in 2022, then declined by 19.24% to $1.1 billion in 2023, then climbed by 6.49% to $1.2 billion in 2024, then fell by 4.76% to $1.1 billion in 2025, then retreated by 0.44% to $1.1 billion in 2026.
  • Business Quant data shows ALK's Operating Leases at $1.1 billion in Q1 2026, $1.1 billion in Q4 2025, and $1.2 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn -
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.14 Bn
Dec 31, 2025 1.14 Bn
Sep 30, 2025 1.20 Bn
Jun 30, 2025 1.16 Bn
Mar 31, 2025 1.20 Bn
Dec 31, 2024 1.20 Bn
Sep 30, 2024 1.25 Bn
Jun 30, 2024 1.05 Bn
Mar 31, 2024 1.10 Bn
Dec 31, 2023 1.13 Bn
Sep 30, 2023 1.11 Bn
Jun 30, 2023 1.15 Bn
Mar 31, 2023 1.46 Bn
Dec 31, 2022 1.39 Bn
Sep 30, 2022 1.48 Bn
Jun 30, 2022 1.51 Bn
Mar 31, 2022 1.36 Bn
Dec 31, 2021 1.28 Bn
Sep 30, 2021 1.21 Bn
Jun 30, 2021 1.22 Bn