Alaska Air Group, Inc. (ALK) stock
ALKNYSEAir Transportation, ScheduledFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 5/3050% below fair value
$38.48−0.57 (-1.46%)
Close on Nov 13, 2026Market cap $4.29BP/E –Yield –
Alaska Air total debt
Total debt is short-term plus long-term borrowings on the balance sheet at the end of each period.
Alaska Air's total debt was $5.98B at Sep 30, 2026. For fiscal 2025 it was $5.31B, up 7.6% from the year before. Over ten years it grew 22.8% a year on average. The highest annual figure on record is $5.31B in fiscal 2025.
Annual total debt
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.31B | +7.6% |
| FY2024 | Dec 31, 2024 | $4.93B | +94.6% |
| FY2023 | Dec 31, 2023 | $2.54B | +17.4% |
| FY2022 | Dec 31, 2022 | $2.16B | -15.0% |
| FY2021 | Dec 31, 2021 | $2.54B | -27.4% |
| FY2020 | Dec 31, 2020 | $3.50B | +133.2% |
| FY2019 | Dec 31, 2019 | $1.50B | -28.7% |
| FY2018 | Dec 31, 2018 | $2.10B | -18.1% |
| FY2017 | Dec 31, 2017 | $2.57B | -13.3% |
| FY2016 | Dec 31, 2016 | $2.96B | +334.0% |
| FY2015 | Dec 31, 2015 | $683.00M | -14.9% |
| FY2014 | Dec 31, 2014 | $803.00M | -7.8% |
| FY2013 | Dec 31, 2013 | $871.00M | -15.6% |
| FY2012 | Dec 31, 2012 | $1.03B | -21.0% |
| FY2011 | Dec 31, 2011 | $1.31B | -14.8% |
| FY2010 | Dec 31, 2010 | $1.53B | -17.3% |
| FY2009 | Dec 31, 2009 | $1.86B | – |
Quarterly total debt
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $5.98B | +19.3% |
| Q2 FY2026 | Jun 30, 2026 | $6.05B | +22.2% |
| Q1 FY2026 | Mar 31, 2026 | $5.08B | +5.6% |
| Q4 FY2025 | Dec 31, 2025 | $5.31B | +7.6% |
| Q3 FY2025 | Sep 30, 2025 | $5.01B | +7.0% |
| Q2 FY2025 | Jun 30, 2025 | $4.95B | +85.2% |
| Q1 FY2025 | Mar 31, 2025 | $4.81B | +87.5% |
| Q4 FY2024 | Dec 31, 2024 | $4.93B | +94.6% |
| Q3 FY2024 | Sep 30, 2024 | $4.68B | +63.5% |
| Q2 FY2024 | Jun 30, 2024 | $2.67B | +8.6% |
| Q1 FY2024 | Mar 31, 2024 | $2.57B | +24.3% |
| Q4 FY2023 | Dec 31, 2023 | $2.54B | +17.4% |
| Q3 FY2023 | Sep 30, 2023 | $2.86B | +29.6% |
| Q2 FY2023 | Jun 30, 2023 | $2.46B | +6.9% |
| Q1 FY2023 | Mar 31, 2023 | $2.06B | -13.0% |
| Q4 FY2022 | Dec 31, 2022 | $2.16B | -15.0% |
| Q3 FY2022 | Sep 30, 2022 | $2.21B | -16.6% |
| Q2 FY2022 | Jun 30, 2022 | $2.30B | -27.8% |
| Q1 FY2022 | Mar 31, 2022 | $2.37B | -33.6% |
| Q4 FY2021 | Dec 31, 2021 | $2.54B | -27.4% |
| Q3 FY2021 | Sep 30, 2021 | $2.65B | -30.7% |
| Q2 FY2021 | Jun 30, 2021 | $3.19B | +20.9% |
| Q1 FY2021 | Mar 31, 2021 | $3.57B | +57.9% |
| Q4 FY2020 | Dec 31, 2020 | $3.50B | +133.2% |
| Q3 FY2020 | Sep 30, 2020 | $3.82B | +123.6% |
| Q2 FY2020 | Jun 30, 2020 | $2.64B | +44.4% |
| Q1 FY2020 | Mar 31, 2020 | $2.26B | +15.2% |
| Q4 FY2019 | Dec 31, 2019 | $1.50B | -28.7% |
| Q3 FY2019 | Sep 30, 2019 | $1.71B | -15.8% |
| Q2 FY2019 | Jun 30, 2019 | $1.83B | -21.0% |
| Q1 FY2019 | Mar 31, 2019 | $1.96B | -19.8% |
| Q4 FY2018 | Dec 31, 2018 | $2.10B | -18.1% |
| Q3 FY2018 | Sep 30, 2018 | $2.03B | -24.9% |
| Q2 FY2018 | Jun 30, 2018 | $2.31B | -17.6% |
| Q1 FY2018 | Mar 31, 2018 | $2.45B | -14.5% |
| Q4 FY2017 | Dec 31, 2017 | $2.57B | -13.3% |
| Q3 FY2017 | Sep 30, 2017 | $2.70B | – |
| Q2 FY2017 | Jun 30, 2017 | $2.81B | – |
| Q1 FY2017 | Mar 31, 2017 | $2.86B | – |
| Q4 FY2016 | Dec 31, 2016 | $2.96B | – |
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