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| 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 |