Alaska Air Group annual net debt
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2025
Alaska Air Group Net Debt Growth & History (ALK)
Alaska Air Group's net debt was $6.27B for fiscal 2025.
View full Alaska Air Group company overviewAlaska Air Group annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $6.27B | $1.07B | +20.69% |
| 2024 | 2024-12-31 | $5.19B | $1.59B | +44.18% |
| 2023 | 2023-12-31 | $3.60B | $159.0M | +4.62% |
| 2022 | 2022-12-31 | $3.44B | −$174.0M | −4.81% |
| 2021 | 2021-12-31 | $3.62B | −$67.0M | −1.82% |
| 2020 | 2020-12-31 | $3.68B | $697.0M | +23.34% |
| 2019 | 2019-12-31 | $2.99B | $988.0M | +49.45% |
| 2018 | 2018-12-31 | $2.00B | −$377.0M | −15.87% |
| 2017 | 2017-12-31 | $2.38B | −$261.0M | −9.90% |
| 2016 | 2016-12-31 | $2.64B | $2.03B | +332.13% |
| 2015 | 2015-12-31 | $610.0M | −$86.0M | −12.36% |
| 2014 | 2014-12-31 | $696.0M | −$107.0M | −13.33% |
| 2013 | 2013-12-31 | $803.0M | −$125.0M | −13.47% |
| 2012 | 2012-12-31 | $928.0M | −$309.0M | −24.98% |
| 2011 | 2011-12-31 | $1.24B | −$250.3M | −16.83% |
| 2010 | 2010-12-31 | $1.49B | −$203.9M | −12.06% |
| 2009 | 2009-12-31 | $1.69B | — | — |
Alaska Air Group quarterly net debt
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Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $6.49B | $870.0M | +15.47% |
| Q1 2026 | 2026-03-31 | $6.16B | $923.0M | +17.64% |
| Q4 2025 | 2025-12-31 | $6.27B | $1.07B | +20.69% |
| Q3 2025 | 2025-09-30 | $5.69B | $566.0M | +11.04% |
| Q2 2025 | 2025-06-30 | $5.62B | $2.86B | +103.73% |
| Q1 2025 | 2025-03-31 | $5.23B | $2.30B | +78.20% |
| Q4 2024 | 2024-12-31 | $5.19B | $1.59B | +44.18% |
| Q3 2024 | 2024-09-30 | $5.13B | $1.20B | +30.39% |
| Q2 2024 | 2024-06-30 | $2.76B | −$906.0M | −24.71% |
| Q1 2024 | 2024-03-31 | $2.94B | −$279.0M | −8.68% |
| Q4 2023 | 2023-12-31 | $3.60B | $159.0M | +4.62% |
| Q3 2023 | 2023-09-30 | $3.93B | $665.0M | +20.36% |
| Q2 2023 | 2023-06-30 | $3.67B | $362.0M | +10.96% |
| Q1 2023 | 2023-03-31 | $3.21B | −$156.0M | −4.63% |
| Q4 2022 | 2022-12-31 | $3.44B | −$174.0M | −4.81% |
| Q3 2022 | 2022-09-30 | $3.27B | −$354.0M | −9.78% |
| Q2 2022 | 2022-06-30 | $3.30B | −$344.0M | −9.43% |
| Q1 2022 | 2022-03-31 | $3.37B | −$678.0M | −16.74% |
| Q4 2021 | 2021-12-31 | $3.62B | −$67.0M | −1.82% |
| Q3 2021 | 2021-09-30 | $3.62B | $1.20B | +49.63% |
| Q2 2021 | 2021-06-30 | $3.65B | $1.96B | +115.99% |
| Q1 2021 | 2021-03-31 | $4.05B | $2.02B | +99.16% |
| Q4 2020 | 2020-12-31 | $3.68B | $697.0M | +23.34% |
| Q3 2020 | 2020-09-30 | $2.42B | −$696.0M | −22.34% |
| Q2 2020 | 2020-06-30 | $1.69B | −$1.59B | −48.49% |
| Q1 2020 | 2020-03-31 | $2.03B | −$1.43B | −41.36% |
| Q4 2019 | 2019-12-31 | $2.99B | $988.0M | +49.45% |
| Q3 2019 | 2019-09-30 | $3.12B | $1.26B | +67.98% |
| Q2 2019 | 2019-06-30 | $3.28B | $1.14B | +53.37% |
| Q1 2019 | 2019-03-31 | $3.47B | $1.20B | +52.60% |
| Q4 2018 | 2018-12-31 | $2.00B | −$377.0M | −15.87% |
| Q3 2018 | 2018-09-30 | $1.85B | −$702.0M | −27.45% |
| Q2 2018 | 2018-06-30 | $2.14B | −$470.0M | −18.02% |
| Q1 2018 | 2018-03-31 | $2.27B | −$408.0M | −15.22% |
| Q4 2017 | 2017-12-31 | $2.38B | −$261.0M | −9.90% |
| Q3 2017 | 2017-09-30 | $2.56B | $2.24B | +704.09% |
| Q2 2017 | 2017-06-30 | $2.61B | $2.06B | +378.53% |
| Q1 2017 | 2017-03-31 | $2.68B | $2.11B | +371.00% |
| Q4 2016 | 2016-12-31 | $2.64B | $2.03B | +332.13% |
| Q3 2016 | 2016-09-30 | $318.0M | −$304.0M | −48.87% |
| Q2 2016 | 2016-06-30 | $545.0M | −$155.0M | −22.14% |
| Q1 2016 | 2016-03-31 | $569.0M | −$148.0M | −20.64% |
| Q4 2015 | 2015-12-31 | $610.0M | −$86.0M | −12.36% |
| Q3 2015 | 2015-09-30 | $622.0M | −$169.0M | −21.37% |
| Q2 2015 | 2015-06-30 | $700.0M | −$137.0M | −16.37% |
| Q1 2015 | 2015-03-31 | $717.0M | −$27.0M | −3.63% |
| Q4 2014 | 2014-12-31 | $696.0M | −$107.0M | −13.33% |
| Q3 2014 | 2014-09-30 | $791.0M | −$61.0M | −7.16% |
| Q2 2014 | 2014-06-30 | $837.0M | −$30.0M | −3.46% |
| Q1 2014 | 2014-03-31 | $744.0M | −$107.0M | −12.57% |
| Q4 2013 | 2013-12-31 | $803.0M | −$125.0M | −13.47% |
| Q3 2013 | 2013-09-30 | $852.0M | −$194.9M | −18.62% |
| Q2 2013 | 2013-06-30 | $867.0M | −$248.2M | −22.26% |
| Q1 2013 | 2013-03-31 | $851.0M | −$352.8M | −29.31% |
| Q4 2012 | 2012-12-31 | $928.0M | −$309.0M | −24.98% |
| Q3 2012 | 2012-09-30 | $1.05B | −$314.7M | −23.11% |
| Q2 2012 | 2012-06-30 | $1.12B | −$226.6M | −16.89% |
| Q1 2012 | 2012-03-31 | $1.20B | −$181.0M | −13.07% |
| Q4 2011 | 2011-12-31 | $1.24B | −$250.3M | −16.83% |
| Q3 2011 | 2011-09-30 | $1.36B | −$133.1M | −8.90% |
| Q2 2011 | 2011-06-30 | $1.34B | −$274.4M | −16.98% |
| Q1 2011 | 2011-03-31 | $1.38B | — | — |
| Q4 2010 | 2010-12-31 | $1.49B | −$203.7M | −12.05% |
| Q3 2010 | 2010-09-30 | $1.49B | — | — |
| Q2 2010 | 2010-06-30 | $1.62B | — | — |
| Q4 2009 | 2009-12-31 | $1.69B | — | — |
Alaska Air Group net debt trends
Over the last five fiscal years, Alaska Air Group's net debt increased from $3.68B to $6.27B, a change of $2.58B. The latest reported quarter, Q2 2026, shows $6.49B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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