Alaska Air (ALK) Total Debt (2009 - 2026)
Alaska Air's (ALK) quarterly Total Debt came in at $5.3 billion in Q1 2026, little changed year-on-year from $5.3 billion in Q1 2025, and down 4.23% on a QoQ basis from $5.6 billion in Q4 2025.
Alaska Air (ALK) Total Debt (2009 - 2026) Analysis & Trends
Alaska Air (ALK) has 18 years of Total Debt data on file, last reported at $5.3 billion in Q1 2026.
- On a quarterly basis, Total Debt changed 0.15% year-over-year to $5.3 billion in Q1 2026; TTM through Mar 2026 was $5.3 billion, a 0.15% change from a year earlier, with the FY2025 full-year figure at $5.6 billion, up 11.37% from the prior year.
- Total Debt for Q1 2026 stood at $5.3 billion, down from $5.6 billion in the prior quarter.
- Over the last five years, Total Debt for ALK reached as high as $5.6 billion in Q4 2025 and fell as low as $2.2 billion in Q3 2022.
- Historically, Total Debt has averaged $3.6 billion across 5 years, with a median of $2.8 billion in 2023.
- Across the five-year window, Total Debt slumped 44.74% in 2022 and soared 107.72% in 2025, its largest moves.
- Year by year, Total Debt stood at $2.4 billion in 2022, then rose by 13.35% to $2.8 billion in 2023, then jumped by 80.72% to $5.0 billion in 2024, then climbed by 11.37% to $5.6 billion in 2025, then declined by 4.23% to $5.3 billion in 2026.
- Per Business Quant data, the three most recent Total Debt figures were $5.3 billion in Q1 2026, $5.6 billion in Q4 2025, and $5.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,552.37 Bn | 30,549.70 Bn | 1.28 Mn | 7.54 Mn |
| 2 | Ryanair Holdings | 61.66 Bn | 58.47 Bn | - | 43.59 Mn |
| 3 | Delta Air Lines | 56.53 Bn | 51.86 Bn | 19.07 Bn | 13.95 Bn |
| 4 | Southwest Airlines | 22.23 Bn | 18.44 Bn | 7.33 Bn | 5.95 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.92 Bn | 8.09 Bn | - | 461.00 Mn |
| 6 | Copa Holdings | 5.69 Bn | 4.35 Bn | 713.71 Mn | 1.98 Bn |
| 7 | Alaska Air | 5.42 Bn | 3.66 Bn | 3.20 Bn | 5.32 Bn |
| 8 | Skywest | 4.27 Bn | 3.67 Bn | 1.01 Bn | 2.31 Bn |
| 9 | Jetblue Airways | 2.03 Bn | 1.62 Bn | 1.87 Bn | 8.44 Bn |
| 10 | Allegiant Travel | 1.82 Bn | 919.45 Mn | 651.87 Mn | 1.91 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.32 Bn |
| Dec 31, 2025 | 5.56 Bn |
| Sep 30, 2025 | 5.01 Bn |
| Jun 30, 2025 | 4.95 Bn |
| Mar 31, 2025 | 5.33 Bn |
| Dec 31, 2024 | 4.99 Bn |
| Sep 30, 2024 | 5.15 Bn |
| Jun 30, 2024 | 2.67 Bn |
| Mar 31, 2024 | 2.57 Bn |
| Dec 31, 2023 | 2.76 Bn |
| Sep 30, 2023 | 3.15 Bn |
| Jun 30, 2023 | 2.46 Bn |
| Mar 31, 2023 | 2.33 Bn |
| Dec 31, 2022 | 2.44 Bn |
| Sep 30, 2022 | 2.21 Bn |
| Jun 30, 2022 | 2.30 Bn |
| Mar 31, 2022 | 2.66 Bn |
| Dec 31, 2021 | 2.91 Bn |
| Sep 30, 2021 | 3.08 Bn |
| Jun 30, 2021 | 3.19 Bn |