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
DateValue
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%