Alaska Air (ALK) Total Debt (2009 - 2026)
Alaska Air (ALK) posted quarterly Total Debt of $5.3 billion for Q1 2026, little changed year-over-year from $5.3 billion in Q1 2025, and down 4.23% quarter-over-quarter from $5.6 billion in Q4 2025.
Alaska Air (ALK) Total Debt (2009 - 2026) Analysis & Trends
Alaska Air (ALK) has reported Total Debt for 18 consecutive years, with $5.3 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Total Debt changed 0.15% year-over-year to $5.3 billion; the TTM figure through Mar 2026 stood at $5.3 billion (changed 0.15% YoY), while the FY2025 annual figure was $5.6 billion, up 11.37% from the prior year.
- Total Debt retreated to $5.3 billion in Q1 2026 per ALK's latest filing, from $5.6 billion in the prior quarter.
- Across five years, Total Debt topped out at $5.6 billion in Q4 2025 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Total Debt plunged 44.74% — and 2025, when it surged 107.72%.
- Alaska Air's Total Debt stood at $2.4 billion in 2022, then grew by 13.35% to $2.8 billion in 2023, then surged by 80.72% to $5.0 billion in 2024, then gained by 11.37% to $5.6 billion in 2025, then slipped by 4.23% to $5.3 billion in 2026.
- Business Quant data shows ALK's Total Debt at $5.3 billion in Q1 2026, $5.6 billion in Q4 2025, and $5.0 billion in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 16.35 Bn |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | 44.52 Mn |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | 5.95 Bn |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 2.27 Bn |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | 6.50 Bn |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 2.31 Bn |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | 8.96 Bn |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | 3.10 Bn |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | 717.00 Mn |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn | 1.06 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.50 Bn |
| 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 |