Alaska Air (ALK) Rent Expense (2009 - 2026)
Alaska Air (ALK) reported Rent Expense of $291.0 million for Q1 2026, up 20.25% year-over-year from $242.0 million in Q1 2025, and up 2.46% on a QoQ basis from $284.0 million in Q4 2025.
Alaska Air (ALK) has 18 years of Rent Expense data on file, last reported at $291.0 million in Q1 2026.
- Quarterly Rent Expense rose 20.25% year-over-year to $291.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.2 billion (up 34.97% YoY) and the FY2025 annual result came in at $1.1 billion, up 42.0% from the prior year.
- Rent Expense advanced to $291.0 million in Q1 2026 per ALK's latest filing, from $284.0 million in the prior quarter.
- Across five years, Rent Expense topped out at $305.0 million in Q3 2025 and bottomed at $136.0 million in Q2 2022.
- The 5-year median for Rent Expense is $178.0 million (2023), against an average of $202.5 million.
- The widest annual swing landed in 2022, when Rent Expense decreased 5.56%; it then jumped 60.69% in 2025.
- Tracing ALK's Rent Expense over 5 years: stood at $146.0 million in 2022, then climbed by 21.92% to $178.0 million in 2023, then soared by 39.89% to $249.0 million in 2024, then grew by 14.06% to $284.0 million in 2025, then gained by 2.46% to $291.0 million in 2026.
- Per Business Quant, the three latest ALK Rent Expense figures stand at $291.0 million (Q1 2026), $284.0 million (Q4 2025), and $305.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 913.00 Mn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 572.00 Mn |
| 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 | 291.00 Mn |
| 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 | 169.00 Mn |
| 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 | 192.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 291.00 Mn |
| Mar 31, 2026 | 291.00 Mn |
| Dec 31, 2025 | 284.00 Mn |
| Dec 31, 2025 | 284.00 Mn |
| Sep 30, 2025 | 305.00 Mn |
| Sep 30, 2025 | 305.00 Mn |
| Jun 30, 2025 | 278.00 Mn |
| Jun 30, 2025 | 278.00 Mn |
| Mar 31, 2025 | 242.00 Mn |
| Mar 31, 2025 | 242.00 Mn |
| Dec 31, 2024 | 249.00 Mn |
| Dec 31, 2024 | 249.00 Mn |
| Sep 30, 2024 | 194.00 Mn |
| Sep 30, 2024 | 194.00 Mn |
| Jun 30, 2024 | 173.00 Mn |
| Jun 30, 2024 | 173.00 Mn |
| Mar 31, 2024 | 165.00 Mn |
| Mar 31, 2024 | 165.00 Mn |
| Dec 31, 2023 | 178.00 Mn |
| Dec 31, 2023 | 178.00 Mn |
| Sep 30, 2023 | 183.00 Mn |
| Sep 30, 2023 | 183.00 Mn |
| Jun 30, 2023 | 167.00 Mn |
| Jun 30, 2023 | 167.00 Mn |
| Mar 31, 2023 | 152.00 Mn |
| Mar 31, 2023 | 152.00 Mn |
| Dec 31, 2022 | 146.00 Mn |
| Dec 31, 2022 | 146.00 Mn |
| Sep 30, 2022 | 161.00 Mn |
| Sep 30, 2022 | 161.00 Mn |
| Jun 30, 2022 | 136.00 Mn |
| Jun 30, 2022 | 136.00 Mn |
| Mar 31, 2022 | 138.00 Mn |
| Mar 31, 2022 | 138.00 Mn |
| Dec 31, 2021 | 141.00 Mn |
| Dec 31, 2021 | 141.00 Mn |
| Sep 30, 2021 | 141.00 Mn |
| Sep 30, 2021 | 141.00 Mn |
| Jun 30, 2021 | 144.00 Mn |
| Jun 30, 2021 | 144.00 Mn |
| Mar 31, 2021 | 129.00 Mn |
| Mar 31, 2021 | 129.00 Mn |
| Dec 31, 2020 | 94.00 Mn |
| Dec 31, 2020 | 94.00 Mn |
| Sep 30, 2020 | 109.00 Mn |
| Sep 30, 2020 | 109.00 Mn |
| Jun 30, 2020 | 83.00 Mn |
| Jun 30, 2020 | 83.00 Mn |
| Mar 31, 2020 | 131.00 Mn |
| Mar 31, 2020 | 131.00 Mn |
| Dec 31, 2019 | 143.00 Mn |
| Dec 31, 2019 | 143.00 Mn |
| Sep 30, 2019 | 143.00 Mn |
| Sep 30, 2019 | 143.00 Mn |
| Jun 30, 2019 | 113.00 Mn |
| Jun 30, 2019 | 113.00 Mn |
| Mar 31, 2019 | 132.00 Mn |
| Mar 31, 2019 | 132.00 Mn |
| Dec 31, 2018 | 128.00 Mn |
| Dec 31, 2018 | 128.00 Mn |
| Sep 30, 2018 | 135.00 Mn |
| Sep 30, 2018 | 135.00 Mn |
| Jun 30, 2018 | 110.00 Mn |
| Jun 30, 2018 | 110.00 Mn |
| Mar 31, 2018 | 126.00 Mn |
| Mar 31, 2018 | 126.00 Mn |
| Dec 31, 2017 | 122.00 Mn |
| Dec 31, 2017 | 122.00 Mn |
| Sep 30, 2017 | 124.00 Mn |
| Sep 30, 2017 | 124.00 Mn |
| Jun 30, 2017 | 99.00 Mn |
| Jun 30, 2017 | 99.00 Mn |
| Mar 31, 2017 | 115.00 Mn |
| Mar 31, 2017 | 115.00 Mn |
| Dec 31, 2016 | 88.00 Mn |
| Dec 31, 2016 | 88.00 Mn |
| Sep 30, 2016 | 89.00 Mn |
| Sep 30, 2016 | 89.00 Mn |
| Jun 30, 2016 | 63.00 Mn |
| Jun 30, 2016 | 63.00 Mn |
| Mar 31, 2016 | 80.00 Mn |
| Mar 31, 2016 | 80.00 Mn |
| Dec 31, 2015 | 79.00 Mn |
| Dec 31, 2015 | 79.00 Mn |
| Sep 30, 2015 | 80.00 Mn |
| Sep 30, 2015 | 80.00 Mn |
| Jun 30, 2015 | 66.00 Mn |
| Jun 30, 2015 | 66.00 Mn |
| Mar 31, 2015 | 71.00 Mn |
| Mar 31, 2015 | 71.00 Mn |
| Dec 31, 2014 | 72.00 Mn |
| Dec 31, 2014 | 72.00 Mn |
| Sep 30, 2014 | 74.00 Mn |
| Sep 30, 2014 | 74.00 Mn |
| Jun 30, 2014 | 64.00 Mn |
| Jun 30, 2014 | 64.00 Mn |
| Mar 31, 2014 | 69.00 Mn |
| Mar 31, 2014 | 69.00 Mn |
| Dec 31, 2013 | 55.00 Mn |
| Dec 31, 2013 | 55.00 Mn |
| Sep 30, 2013 | 71.00 Mn |
| Sep 30, 2013 | 71.00 Mn |
| Jun 30, 2013 | 75.00 Mn |
| Jun 30, 2013 | 75.00 Mn |
| Mar 31, 2013 | 60.00 Mn |
| Mar 31, 2013 | 60.00 Mn |
| Dec 31, 2012 | 58.00 Mn |
| Dec 31, 2012 | 58.00 Mn |
| Sep 30, 2012 | 61.00 Mn |
| Sep 30, 2012 | 61.00 Mn |
| Jun 30, 2012 | 60.00 Mn |
| Jun 30, 2012 | 60.00 Mn |
| Mar 31, 2012 | 62.00 Mn |
| Mar 31, 2012 | 62.00 Mn |
| Dec 31, 2011 | 58.20 Mn |
| Dec 31, 2011 | 58.20 Mn |
| Sep 30, 2011 | 62.00 Mn |
| Sep 30, 2011 | 62.00 Mn |
| Jun 30, 2011 | 59.90 Mn |
| Jun 30, 2011 | 59.90 Mn |
| Mar 31, 2011 | 57.90 Mn |
| Mar 31, 2011 | 57.90 Mn |
| Dec 31, 2010 | 59.40 Mn |
| Dec 31, 2010 | 59.40 Mn |
| Sep 30, 2010 | 59.80 Mn |
| Sep 30, 2010 | 59.80 Mn |
| Jun 30, 2010 | 57.90 Mn |
| Jun 30, 2010 | 57.90 Mn |
| Mar 31, 2010 | 55.90 Mn |
| Mar 31, 2010 | 55.90 Mn |
| Dec 31, 2009 | 57.30 Mn |
| Dec 31, 2009 | 57.30 Mn |
| Sep 30, 2009 | 57.30 Mn |
| Sep 30, 2009 | 57.30 Mn |
| Jun 30, 2009 | 54.40 Mn |
| Jun 30, 2009 | 54.40 Mn |