Alaska Air (ALK) Tax Rate (2009 - 2025)
Alaska Air's Tax Rate was 64.49% in Q2 2026, up 36.75 percentage points from 27.73% a year earlier and up 25.37 percentage points from the prior quarter.
Alaska Air (ALK) Tax Rate (2009 - 2025) Analysis & Trends
On a trailing twelve-month basis, Alaska Air's Tax Rate was 55.13% through Jun 30, 2026, up 31.10 percentage points year-over-year; for FY2025, it was 31.51%, up 3.98 percentage points from FY2024.
- Tax Rate has now increased for four consecutive years, with a five-year change of +3.46 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 27.52% in FY2024 (+0.28 pp), 27.24% in FY2023 (+0.66 pp), 26.58% in FY2022 (+2.58 pp) and 24.01% in FY2021 (-4.04 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q4 2023.
- Compared with a year earlier, Tax Rate has increased for four straight quarters, with an average year-over-year change of -8.30 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q4 2023 (a gain of 112.86 percentage points); the worst was Q4 2024 (a drop of 139.87 percentage points).
- Per Business Quant data, ALK's Tax Rate in the three quarters before Q2 2026 was 39.12% (Q1 2026), 30.00% (Q4 2025) and 34.23% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.79 Bn | 156.31 Bn | - | 22.00% |
| 2 | Csx | 86.21 Bn | 82.43 Bn | - | 24.09% |
| 3 | Canadian Pacific Kansas City | 74.26 Bn | 73.97 Bn | - | 24.65% |
| 4 | United Parcel Service | 70.36 Bn | 47.28 Bn | - | 20.63% |
| 5 | Norfolk Southern | 69.74 Bn | 64.38 Bn | - | 23.46% |
| 6 | Fedex | 67.91 Bn | 33.85 Bn | - | 24.21% |
| 7 | Delta Air Lines | 55.33 Bn | 37.51 Bn | - | 20.16% |
| 8 | Old Dominion Freight Line | 36.95 Bn | 36.21 Bn | - | 25.00% |
| 9 | United Airlines Holdings | 36.28 Bn | -20.09 Bn | - | 21.54% |
| 10 | Alaska Air | 4.41 Bn | -3.41 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 30.00% |
| Sep 30, 2025 | 34.23% |
| Jun 30, 2025 | 27.73% |
| Dec 31, 2024 | 10.13% |
| Sep 30, 2024 | 28.05% |
| Jun 30, 2024 | 30.38% |
| Dec 31, 2023 | 150.00% |
| Sep 30, 2023 | 27.98% |
| Jun 30, 2023 | 26.15% |
| Dec 31, 2022 | 37.14% |
| Sep 30, 2022 | 38.46% |
| Jun 30, 2022 | 24.86% |
| Dec 31, 2021 | 37.93% |
| Sep 30, 2021 | 20.82% |
| Jun 30, 2021 | 24.81% |
| Dec 31, 2019 | 25.51% |
| Sep 30, 2019 | 22.60% |
| Jun 30, 2019 | 25.36% |
| Mar 31, 2019 | 33.33% |
| Dec 31, 2018 | 36.11% |
Alaska Air Tax Rate 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=tax-rate&ticker=ALK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=ALK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();