Alaska Air (ALK) Tax Rate (2009 - 2026)
Alaska Air (ALK) posted quarterly 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 reported Tax Rate for 18 consecutive years, with 39.12% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 1036.0% year-over-year to 39.12%; the TTM figure through Mar 2026 stood at 17.74% (down 4407.0% YoY), while the FY2025 annual figure was 31.51%, up 398.0% from the prior year.
- Tax Rate rose to 39.12% in Q1 2026 per ALK's latest filing, from 30.0% in the prior quarter.
- Across five years, Tax Rate topped out at 150.0% in Q4 2023 and bottomed at 10.13% in Q4 2024.
- Historically, Tax Rate has averaged 36.36% across 5 years, with a median of 28.76% in 2025.
- Annual changes were most pronounced in 2023 — Tax Rate jumped 11286 bps — and 2024, when it plunged 13987 bps.
- Alaska Air's Tax Rate stood at 37.14% in 2022, then soared by 304 bps to 150.0% in 2023, then tumbled by 93 bps to 10.13% in 2024, then soared by 196 bps to 30.0% in 2025, then soared 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 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn | 20.16% |
| 2 | Ryanair Holdings | 29.15 Bn | 25.94 Bn | - | -9.31% |
| 3 | Southwest Airlines | 19.61 Bn | 15.82 Bn | 7.33 Bn | 23.86% |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | -11.78% |
| 5 | Alaska Air | 4.47 Bn | 1.81 Bn | 3.76 Bn | 64.49% |
| 6 | Skywest | 4.02 Bn | 3.42 Bn | 1.01 Bn | 27.48% |
| 7 | Allegiant Travel | 1.84 Bn | 781.65 Mn | 902.77 Mn | 7.66% |
| 8 | Jetblue Airways | 1.80 Bn | -215.94 Mn | 2.32 Bn | 8.86% |
| 9 | Frontier Group Holdings | 1.34 Bn | 381.17 Mn | - | 4.26% |
| 10 | Republic Airways Holdings | 856.57 Mn | 578.97 Mn | 487.40 Mn | 28.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 64.49% |
| Jun 30, 2026 | 64.49% |
| Jun 30, 2026 | 64.49% |
| Mar 31, 2026 | 39.12% |
| Mar 31, 2026 | 39.12% |
| Mar 31, 2026 | 39.12% |
| Dec 31, 2025 | 30.00% |
| Dec 31, 2025 | 30.00% |
| Dec 31, 2025 | 30.00% |
| Sep 30, 2025 | 34.23% |
| Sep 30, 2025 | 34.23% |
| Sep 30, 2025 | 34.23% |
| Jun 30, 2025 | 27.73% |
| Jun 30, 2025 | 27.73% |
| Jun 30, 2025 | 27.73% |
| Mar 31, 2025 | 28.76% |
| Mar 31, 2025 | 28.76% |
| Mar 31, 2025 | 28.76% |
| Dec 31, 2024 | 10.13% |
| Dec 31, 2024 | 10.13% |