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
Download Data| Date | Value |
|---|---|
| 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 |