Alaska Air (ALK) Tax Rate (2009 - 2026)
Alaska Air (ALK) reported Tax Rate of 39.12% for Q1 2026, up 1036.0% year-over-year from 3.44% in Q1 2025, and up 30.39% quarter-over-quarter from 30.0% in Q4 2025.
Alaska Air (ALK) Tax Rate (2009 - 2026) Analysis & Trends
Alaska Air (ALK) has 18 years of Tax Rate data on file, last reported at 39.12% in Q1 2026.
- Tax Rate for Q1 2026 came in at 39.12%, up 1036.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.74% (down 4407.0% YoY), and the FY2025 annual result was 31.51%, up 398.0% from the prior year.
- Tax Rate advanced to 39.12% in Q1 2026 per ALK's latest filing, from 30.0% in the prior quarter.
- Over five years, Tax Rate peaked at 150.0% in Q4 2023 and troughed at 10.13% in Q4 2024.
- A 5-year average of 36.36% and a median of 28.76% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 11286 bps in 2023, then plunged 13987 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 37.14% in 2022, then surged by 304 bps to 150.0% in 2023, then slumped by 93 bps to 10.13% in 2024, then surged by 196 bps to 30.0% in 2025, then surged by 30 bps to 39.12% in 2026.
- Business Quant data shows ALK's Tax Rate at 39.12% in Q1 2026, 30.0% in Q4 2025, and 34.23% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | - |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | -35.05 |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 0.00 |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 20.35 |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | - |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 39.12 |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 5.64 |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -20.22 |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | 5.06 |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 35.66 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 39.12% |
| Mar 31, 2026 | 39.12% |
| Dec 31, 2025 | 30.00% |
| Dec 31, 2025 | 30.00% |
| Sep 30, 2025 | 34.23% |
| Sep 30, 2025 | 34.23% |
| Jun 30, 2025 | 27.73% |
| Jun 30, 2025 | 27.73% |
| Mar 31, 2025 | 28.76% |
| Mar 31, 2025 | 28.76% |
| Dec 31, 2024 | 10.13% |
| Dec 31, 2024 | 10.13% |
| Sep 30, 2024 | 28.05% |
| Sep 30, 2024 | 28.05% |
| Jun 30, 2024 | 30.38% |
| Jun 30, 2024 | 30.38% |
| Mar 31, 2024 | 25.84% |
| Mar 31, 2024 | 25.84% |
| Dec 31, 2023 | 150.00% |
| Dec 31, 2023 | 150.00% |