Alaska Air (ALK) Retained Earnings (2009 - 2026)
Alaska Air (ALK) reported Retained Earnings of $4.76 billion for Q2 2026, down 3.5% from $4.94 billion a year earlier and down 1.6% from the prior quarter.
Alaska Air (ALK) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, Alaska Air posted Retained Earnings of $5.03 billion, up 2.0% from FY2024.
- Retained Earnings has increased for five consecutive years, with a five-year compound annual growth rate of 6.0% (FY2020 to FY2025).
- By year, Retained Earnings came in at $4.93 billion in FY2024 (+8.7%), $4.54 billion in FY2023 (+5.5%), $4.3 billion in FY2022 (+1.4%) and $4.24 billion in FY2021 (+12.7%).
- The Q2 2026 figure ranks as the lowest quarterly Retained Earnings since Q2 2024.
- Year over year, Retained Earnings gained in seven of the last eight quarters, with growth averaging 4.2%.
- The high point for year-over-year Retained Earnings in five years was Q1 2022 (growth of 12.8%); the low point was Q2 2026 (a decline of 3.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $4.84 billion (Q1 2026), $5.03 billion (Q4 2025) and $5.01 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.76 Bn | 165.29 Bn | - | 71.58 Bn |
| 2 | Csx | 89.56 Bn | 85.77 Bn | - | 11.35 Bn |
| 3 | United Parcel Service | 84.67 Bn | 61.56 Bn | - | 18.83 Bn |
| 4 | Canadian Pacific Kansas City | 77.77 Bn | 76.79 Bn | - | 13.88 Bn |
| 5 | Norfolk Southern | 73.18 Bn | 67.82 Bn | - | 13.91 Bn |
| 6 | Fedex | 71.58 Bn | 37.52 Bn | - | 44.46 Bn |
| 7 | Delta Air Lines | 51.20 Bn | 33.39 Bn | - | 14.88 Bn |
| 8 | Old Dominion Freight Line | 39.51 Bn | 38.77 Bn | - | 4.29 Bn |
| 9 | United Airlines Holdings | 32.66 Bn | -23.72 Bn | - | 11.54 Bn |
| 10 | Alaska Air | 3.94 Bn | -3.88 Bn | - | 4.76 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.76 Bn |
| Mar 31, 2026 | 4.84 Bn |
| Dec 31, 2025 | 5.03 Bn |
| Sep 30, 2025 | 5.01 Bn |
| Jun 30, 2025 | 4.94 Bn |
| Mar 31, 2025 | 4.76 Bn |
| Dec 31, 2024 | 4.93 Bn |
| Sep 30, 2024 | 4.86 Bn |
| Jun 30, 2024 | 4.62 Bn |
| Mar 31, 2024 | 4.40 Bn |
| Dec 31, 2023 | 4.54 Bn |
| Sep 30, 2023 | 4.54 Bn |
| Jun 30, 2023 | 4.40 Bn |
| Mar 31, 2023 | 4.16 Bn |
| Dec 31, 2022 | 4.30 Bn |
| Sep 30, 2022 | 4.28 Bn |
| Jun 30, 2022 | 4.24 Bn |
| Mar 31, 2022 | 4.10 Bn |
| Dec 31, 2021 | 4.24 Bn |
| Sep 30, 2021 | 4.22 Bn |
Alaska Air Retained Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=retained-earnings&ticker=ALK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "ticker": "ALK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=retained-earnings&ticker=ALK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();