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Alaska Air Group ALK Interest Costs Capitalized Adjustment

Interest Costs Capitalized Adjustment at other companies

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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%
Enterprise value$11.41B-9.7%
P/E75.2×+53.4×
P/S0.4×-0.2×

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
Debt / equity1.7×+0.2×
Current ratio0.4×-0.1×

Where this comes from

Reported directly by Alaska Air Group in its filing.

Tagged under the XBRL concept us-gaap:InterestCostsCapitalizedAdjustment.

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 interest costs capitalized adjustment?
Alaska Air Group (ALK) reported interest costs capitalized adjustment of $10M in Q1 2026.
How has Alaska Air Group's interest costs capitalized adjustment changed year-over-year?
Alaska Air Group's interest costs capitalized adjustment decreased by 16.7% year-over-year, from $12M to $10M.
What is the long-term trend for Alaska Air Group's interest costs capitalized adjustment?
Over 4 years (2021 to 2025), Alaska Air Group's interest costs capitalized adjustment has grown at a 35.4% compound annual growth rate (CAGR), from $11M to $37M.
What does interest costs capitalized adjustment mean?
This metric represents the portion of interest costs incurred during the construction or development of long-term assets that is capitalized rather than expensed immediately. By adding these costs to the asset's carrying value, the company spreads the interest expense over the useful life of the asset through depreciation. Investors monitor this to understand how much of the company's total interest burden is being deferred and its impact on current period profitability.