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Alaska Air Group ALK Debt-to-equity

Debt-to-equity at other companies

Delta Air Lines logo
Delta Air LinesDAL
-0.4×
Southwest Airlines logo
Southwest AirlinesLUV
0.9×+0.1×
United Airlines Holdings logo
United Airlines HoldingsUAL
-0.7×
SkyWest logo
SkyWestSKYW
0.9×-0.2×
Matsons logo
MatsonsMATX
0.3×0.0×
Boeing logo
BoeingBA
10.4×

Other financials

Income statement

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Revenue$3.3B+5.2%
Operating income-$279.0M-41.6%
Net income-$193.0M-16.3%
EPS (diluted)-$1.69-25.2%

Balance sheet

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Cash & equivalents$508.0M-53.8%
Total debt$6.4B+2.4%
Total equity$3.7B-9.8%
Total assets$20.3B+2.4%

Cash flow

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Operating cash flow$421.0M-8.3%
CapEx$30.0M-28.6%
Free cash flow$391.0M-6.2%

Valuation

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Market cap$5.49B-30.2%

Profitability

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Operating margin1.5%-2.7pp
Net margin0.5%-2.3pp
FCF margin6.3%-4.4pp

Returns & leverage

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Return on equity1.9%-7.0pp
Current ratio0.4×-0.1×

Where this comes from

Calculated from Alaska Air Group’s reported figures.

Based on the most recent quarter.

The official record: Alaska Air Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alaska Air Group's debt-to-equity?
Alaska Air Group (ALK) reported debt-to-equity of 1.7× in Q1 2026.
How has Alaska Air Group's debt-to-equity changed year-over-year?
Alaska Air Group's debt-to-equity increased by 13.6% year-over-year, from 1.5× to 1.7×.
What is the long-term trend for Alaska Air Group's debt-to-equity?
Over 5 years (2020 to 2025), Alaska Air Group's debt-to-equity has grown at a -0.2% compound annual growth rate (CAGR), from 1.7× to 1.7×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.