Alaska Air (ALK) Return on Assets [ROA] (2010 - 2026)
Alaska Air's Return on Assets [ROA] came in at -1.87% for Q3 2026, down 2.62 percentage points from 0.75% a year earlier and down 1.03 percentage points from the prior quarter.
Alaska Air (ALK) Return on Assets [ROA] (2010 - 2026) Analysis & Trends
For FY2025, Alaska Air's Return on Assets [ROA] was 0.50%, down 1.80 percentage points from FY2024.
- Return on Assets [ROA] carries a five-year change of +10.29 percentage points (FY2020 to FY2025).
- Going back by year, Return on Assets [ROA] was 2.30% in FY2024 (+0.67 pp), 1.63% in FY2023 (+1.22 pp), 0.41% in FY2022 (-3.00 pp) and 3.41% in FY2021 (+13.21 pp).
- The Q3 2026 figure represents the lowest quarterly Return on Assets [ROA] since Q2 2021.
- Year-over-year, Return on Assets [ROA] has declined for five consecutive quarters, with an average year-over-year change of -1.05 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q4 2021 (a gain of 12.63 percentage points), and the weakest in Q4 2022 (a drop of 3.03 percentage points).
- Business Quant data shows ALK's Return on Assets [ROA] at -0.84% (Q2 2026), 0.36% (Q1 2026) and 0.50% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 10.59% |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 6.14% |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 8.03% |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 4.42% |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 4.58% |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 5.89% |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 3.82% |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 4.21% |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 19.98% |
| 10 | Alaska Air | 4.34 Bn | -3.48 Bn | - | -0.84% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.84% |
| Mar 31, 2026 | 0.36% |
| Dec 31, 2025 | 0.50% |
| Sep 30, 2025 | 0.75% |
| Jun 30, 2025 | 1.58% |
| Mar 31, 2025 | 1.82% |
| Dec 31, 2024 | 2.01% |
| Sep 30, 2024 | 1.85% |
| Jun 30, 2024 | 1.49% |
| Mar 31, 2024 | 1.67% |
| Dec 31, 2023 | 1.58% |
| Sep 30, 2023 | 1.73% |
| Jun 30, 2023 | 1.10% |
| Mar 31, 2023 | 0.41% |
| Dec 31, 2022 | 0.40% |
| Sep 30, 2022 | 0.37% |
| Jun 30, 2022 | 1.43% |
| Mar 31, 2022 | 3.31% |
| Dec 31, 2021 | 3.43% |
| Sep 30, 2021 | 0.09% |
Alaska Air Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=ALK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=ALK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();