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

Alaska Air's (ALK) quarterly Operating Leases came in at $1.1 billion in Q1 2026, down 5.33% year-on-year from $1.2 billion in Q1 2025, and little changed on a QoQ basis 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.

  • On a quarterly basis, Operating Leases fell 5.33% year-over-year to $1.1 billion in Q1 2026; TTM through Mar 2026 was $1.1 billion, a 5.33% decrease from a year earlier, with the FY2025 full-year figure at $1.1 billion, down 4.76% from the prior year.
  • Operating Leases for Q1 2026 stood at $1.1 billion, roughly flat from $1.1 billion in the prior quarter.
  • Over the last five years, Operating Leases for ALK reached as high as $1.5 billion in Q2 2022 and fell as low as $1.0 billion in Q2 2024.
  • Historically, Operating Leases has averaged $1.2 billion across 5 years, with a median of $1.2 billion in 2025.
  • Across the five-year window, Operating Leases grew 23.16% in 2022 and dropped 24.9% in 2023, its largest moves.
  • Year by year, Operating Leases stood at $1.4 billion in 2022, then decreased by 19.24% to $1.1 billion in 2023, then rose by 6.49% to $1.2 billion in 2024, then slipped by 4.76% to $1.1 billion in 2025, then dropped by 0.44% to $1.1 billion in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $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 Latam Airlines 30,466.92 Bn 30,464.25 Bn 1.28 Mn
2 Ryanair Holdings 61.37 Bn 58.18 Bn -
3 Delta Air Lines 56.31 Bn 51.64 Bn 19.07 Bn
4 Southwest Airlines 22.16 Bn 18.37 Bn 7.33 Bn
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.87 Bn 8.05 Bn -
6 Copa Holdings 5.63 Bn 4.29 Bn 713.71 Mn
7 Alaska Air 5.40 Bn 3.63 Bn 3.20 Bn
8 Skywest 4.26 Bn 3.66 Bn 1.01 Bn
9 Jetblue Airways 2.02 Bn 1.61 Bn 1.87 Bn
10 Allegiant Travel 1.82 Bn 914.35 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