Alaska Air Group ALK Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 1.5%-0.6pp | 2.1%0.0pp | 2.1%-1.5pp | 3.7%-0.6pp | 4.3%-0.6pp | |
| Net margin | 0.5%-0.2pp | 0.7%-0.4pp | 1.1%-1.3pp | 2.3%-0.5pp | 2.9%-0.5pp | |
| Returns | ||||||
| Return on equity | 1.9%-0.5pp | 2.4%-1.2pp | 3.5%-4.1pp | 7.7%-1.2pp | 8.9%-0.4pp | |
| Return on invested capital | 2.3%+0.2pp | 2.1%-0.3pp | 2.4%-2.1pp | 4.6%-0.3pp | 4.9%+0.1pp | |
| Efficiency | ||||||
| Asset turnover | 0.7×0.0× | 0.7×0.0× | 0.7×0.0× | 0.8×0.0× | 0.7×0.0× | |
| Liquidity | ||||||
| Current ratio | 0.4×-0.1× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.6×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 1.7×0.0× | 1.7×+0.1× | 1.6×0.0× | 1.6×+0.1× | 1.5×+0.1× | |
| Net debt / EBITDA | 5.8×+0.1× | 5.7×+0.5× | 5.2×+0.6× | 4.6×+0.2× | 4.4×-0.1× | |
| Per Share | ||||||
| Book value per share | $32.64-4.9% | $34.34+0.1% | $34.29+5.2% | $32.60-3.0% | $33.60-1.4% | |
| Valuation | ||||||
| Market capitalization | $4.22B-27.7% | $5.83B+1.6% | $5.74B-4.6% | $6.02B-0.4% | $6.04B-26.5% | |
| Price / earnings | 57.8×-0.6× | 58.3×+20.1× | 38.3×+19.0× | 19.2×+2.5× | 16.7×-4.1× | |
| Price / sales | 0.3×-0.1× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.5×-0.2× | |
| Price / book | 1.1×-0.3× | 1.4×0.0× | 1.4×-0.1× | 1.5×+0.1× | 1.5×-0.4× | |
| EV / EBITDA | 9.9×-1.1× | 11×+0.5× | 10.5×+0.9× | 9.5×+0.1× | 9.4×-2.2× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Alaska Air Group's ratios come from?
- Every ratio is computed from Alaska Air Group's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
