KPIs & Operating Metrics(New)
Growth Metrics

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 on a QoQ basis from $1.1 billion in Q4 2025.

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

  • Quarterly Operating Leases fell 5.33% year-over-year to $1.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (down 5.33% YoY) and the FY2025 annual result came in at $1.1 billion, down 4.76% from the prior year.
  • Operating Leases steadied at $1.1 billion in Q1 2026 per ALK's latest filing, from $1.1 billion in the prior quarter.
  • Across five years, Operating Leases topped out at $1.5 billion in Q2 2022 and bottomed at $1.0 billion in Q2 2024.
  • The 5-year median for Operating Leases is $1.2 billion (2025), against an average of $1.2 billion.
  • The widest annual swing landed in 2022, when Operating Leases grew 23.16%; it then dropped 24.9% in 2023.
  • Tracing ALK's Operating Leases over 5 years: stood at $1.4 billion in 2022, then slipped by 19.24% to $1.1 billion in 2023, then gained by 6.49% to $1.2 billion in 2024, then dropped by 4.76% to $1.1 billion in 2025, then declined by 0.44% to $1.1 billion in 2026.
  • Per Business Quant, the three latest ALK Operating Leases figures stand at $1.1 billion (Q1 2026), $1.1 billion (Q4 2025), and $1.2 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
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 -
5 Alaska Air 5.26 Bn 3.49 Bn 3.20 Bn
6 Skywest 3.43 Bn 2.80 Bn 924.11 Mn
7 Copa Holdings 3.33 Bn 1.99 Bn 713.71 Mn
8 Jetblue Airways 2.03 Bn -140.72 Mn 1.87 Bn
9 Allegiant Travel 1.67 Bn 765.78 Mn 651.87 Mn
10 Frontier Group Holdings 1.39 Bn 618.26 Mn 724.00 Mn

Historic Data

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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
Mar 31, 2021 1.28 Bn
Dec 31, 2020 1.27 Bn
Sep 30, 2020 1.32 Bn
Jun 30, 2020 1.38 Bn
Mar 31, 2020 1.38 Bn
Dec 31, 2019 1.44 Bn
Sep 30, 2019 1.38 Bn
Jun 30, 2019 1.42 Bn
Mar 31, 2019 1.44 Bn