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Alaska Air Group ALK Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Operating margin1.5%-2.7pp2.1%-2.7pp2.1%-2.8pp3.7%-0.1pp4.3%+0.3pp
Net margin0.5%-2.3pp0.7%-2.7pp1.1%-2.0pp2.3%+0.2pp2.9%+0.5pp
Returns
Return on equity1.9%-7.0pp2.4%-7.0pp3.5%-4.0pp7.7%+2.1pp8.9%+2.5pp
Return on invested capital2.3%-2.6pp2.1%-2.7pp2.4%-1.8pp4.6%+0.8pp4.9%+0.6pp
Efficiency
Asset turnover0.7×0.0×0.7×0.0×0.7×+0.1×0.8×+0.1×0.7×0.0×
Liquidity
Current ratio0.4×-0.1×0.5×-0.1×0.5×-0.1×0.5×-0.2×0.6×-0.1×
Leverage
Debt-to-equity1.7×+0.2×1.7×+0.2×1.6×+0.2×1.6×+0.7×1.5×+0.6×
Net debt / EBITDA5.8×+1.4×5.7×+1.2×5.2×+0.3×4.6×+1.5×4.4×+1.1×
Per Share
Book value per share$32.64-2.8%$34.34+0.8%$34.29-1.6%$32.60-1.0%$33.60+6.4%
Valuation
Market capitalization$4.22B-30.2%$5.83B-29.0%$5.74B+0.6%$6.02B+17.4%$6.04B+11.5%
Price / earnings57.8×+41.0×58.3×+37.5×38.3×+20.7×19.2×-3.4×16.7×-5.2×
Price / sales0.3×-0.2×0.4×-0.3×0.4×-0.1×0.4×0.0×0.5×0.0×
Price / book1.1×-0.3×1.4×-0.5×1.4×+0.2×1.5×+0.3×1.5×+0.1×
EV / EBITDA9.9×+0.5×11×-0.6×10.5×+0.1×9.5×+0.7×9.4×0.0×

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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.