Alaska Air Group, Inc. (ALK)

Solvency & Capital Structure

Total Debt

$7.62B

Net Debt

$4.92B

Alaska Air Group, Inc. currently has $7.62B in total debt. Net debt is $4.92B after cash offsets.

Financial Fundamentals

ALK • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	7.62	2.69	4.92	21.25	35.8%
2026-03-31	6.67	1.77	4.90	20.30	32.9%
2025-12-31	6.89	2.12	4.77	20.36	33.9%
2025-09-30	6.47	2.30	4.17	20.01	32.3%
2025-06-30	6.37	2.15	4.22	19.89	32.0%
2025-03-31	6.28	2.46	3.81	19.82	31.7%
2024-12-31	6.39	2.48	3.92	19.77	32.3%
2024-09-30	6.14	2.50	3.64	19.56	31.4%
2024-06-30	3.88	2.51	1.37	15.34	25.3%
2024-03-31	3.82	2.28	1.54	14.81	25.8%
2023-12-31	3.82	1.79	2.03	15.83	24.1%
2023-09-30	4.13	2.45	1.68	15.16	27.2%
2023-06-30	3.89	2.44	1.44	14.83	26.2%
2023-03-31	3.73	2.43	1.30	14.30	26.1%
2022-12-31	3.78	2.42	1.36	15.35	24.6%
2022-09-30	3.96	3.15	0.81	14.53	27.2%
2022-06-30	4.08	3.42	0.66	14.80	27.6%
2022-03-31	4.00	2.91	1.08	14.21	28.1%
2021-12-31	4.09	3.12	0.97	14.96	27.3%
2021-09-30	4.12	3.19	0.92	13.88	29.6%
2021-06-30	4.67	3.95	0.72	14.66	31.9%
2021-03-31	5.13	3.55	1.58	14.26	35.9%
2020-12-31	5.05	3.35	1.71	15.23	33.2%
2020-09-30	5.42	3.76	1.67	14.75	36.8%
2020-06-30	4.29	2.80	1.48	14.00	30.6%
2020-03-31	3.90	2.13	1.78	13.36	29.2%
2019-12-31	3.21	1.52	1.69	14.00	22.9%
2019-09-30	3.35	1.62	1.73	12.98	25.8%
2019-06-30	3.52	1.63	1.90	12.95	27.2%
2019-03-31	3.68	1.44	2.25	12.64	29.1%
2018-12-31	2.10	1.24	0.87	10.91	19.3%
2018-09-30	2.03	1.40	0.63	10.89	18.6%
2018-06-30	2.31	1.57	0.74	11.05	20.9%
2018-03-31	2.45	1.53	0.92	10.85	22.6%
2017-12-31	2.26	1.62	0.64	10.75	21.0%
2017-09-30	2.70	1.74	0.96	10.74	25.2%
2017-06-30	2.81	1.92	0.88	10.72	26.2%
2017-03-31	2.86	1.71	1.15	10.30	27.8%
2016-12-31	2.96	1.58	1.38	9.98	29.6%
2016-09-30	2.14	3.23	-1.09Net Cash	8.70	24.6%
2016-06-30	0.63	1.61	-0.98Net Cash	7.04	8.9%
2016-03-31	0.65	1.56	-0.92Net Cash	6.83	9.5%
2015-12-31	0.69	1.33	-0.64Net Cash	6.53	10.5%
2015-09-30	0.71	1.26	-0.55Net Cash	6.56	10.8%
2015-06-30	0.74	1.19	-0.45Net Cash	6.48	11.5%
2015-03-31	0.77	1.31	-0.54Net Cash	6.41	12.0%
2014-12-31	0.80	1.22	-0.41Net Cash	6.18	13.0%
2014-09-30	0.82	1.34	-0.52Net Cash	6.24	13.2%
2014-06-30	0.86	1.51	-0.65Net Cash	6.31	13.6%
2014-03-31	0.83	1.42	-0.59Net Cash	6.06	13.8%
2013-12-31	0.87	1.33	-0.46Net Cash	5.84	14.9%
2013-09-30	0.89	1.45	-0.55Net Cash	5.86	15.2%
2013-06-30	0.92	1.43	-0.51Net Cash	5.85	15.8%
2013-03-31	0.95	1.26	-0.32Net Cash	5.64	16.8%
2012-12-31	1.03	1.25	-0.22Net Cash	5.50	18.7%
2012-09-30	0.90	1.19	-0.29Net Cash	5.44	16.5%
2012-06-30	0.96	1.19	-0.23Net Cash	5.42	17.6%
2012-03-31	1.04	1.14	-0.10Net Cash	5.38	19.3%
2011-12-31	1.31	1.14	0.17	5.20	25.2%
2011-09-30	1.18	1.27	-0.09Net Cash	5.26	22.4%
2011-06-30	1.15	1.15	0.00	5.23	22.1%
2011-03-31	1.28	1.04	0.23	5.11	24.9%
2010-12-31	1.53	1.21	0.33	5.02	30.6%
2010-09-30	1.39	1.32	0.07	5.12	27.1%
2010-06-30	1.57	1.27	0.30	5.11	30.7%
2010-03-31	1.66	1.17	0.49	5.02	33.0%
2009-12-31	1.86	1.19	0.66	4.99	37.2%
2009-09-30	1.66	1.23	0.43	5.01	33.1%
2009-06-30	1.67	1.12	0.55	4.94	33.8%
2009-03-31	2.18	1.04	1.14	4.78	45.7%
2008-12-31	2.21	1.08	1.14	4.84	45.8%
2008-09-30	1.61	1.07	0.55	5.07	31.8%
2008-06-30	2.24	1.01	1.23	5.10	43.9%
2008-03-31	1.64	0.92	0.72	4.78	34.4%
2007-12-31	1.67	0.82	0.84	4.49	37.1%
2007-09-30	1.36	0.89	0.47	4.46	30.5%
2007-06-30	1.39	0.99	0.40	4.48	31.0%
2007-03-31	1.40	0.97	0.43	4.34	32.2%
2006-12-31	1.15	1.01	0.14	4.08	28.2%
2006-09-30	1.26	1.11	0.15	4.14	30.4%
2006-06-30	1.20	1.10	0.10	4.09	29.4%
2006-03-31	1.30	1.01	0.29	3.89	33.5%
2005-12-31	1.19	0.98	0.21	3.79	31.5%
2005-09-30	1.10	0.75	0.36	3.51	31.5%
2005-06-30	1.04	0.73	0.31	3.37	30.8%
2005-03-31	1.03	0.76	0.27	3.30	31.3%
2004-12-31	1.04	0.87	0.17	3.33	31.3%
2004-09-30	1.06	0.88	0.18	3.41	31.1%
2004-06-30	1.09	0.87	0.23	3.36	32.5%
2004-03-31	1.20	0.83	0.37	3.40	35.2%
2003-12-31	1.11	0.81	0.30	3.26	34.2%
2003-09-30	1.10	0.75	0.35	3.24	33.9%
2003-06-30	1.08	0.72	0.36	3.18	33.9%
2003-03-31	1.02	0.62	0.40	2.99	34.1%
2002-12-31	0.91	0.64	0.27	2.88	31.4%
2002-09-30	0.89	0.66	0.23	2.95	30.2%
2002-06-30	0.90	0.71	0.19	2.99	30.0%
2002-03-31	0.91	0.62	0.29	2.92	31.0%
2001-12-31	0.91	0.66	0.25	2.93	30.9%
2001-09-30	0.91	0.67	0.24	2.98	30.4%
2001-06-30	0.69	0.37	0.32	2.71	25.7%
2001-03-31	0.65	0.39	0.25	2.61	24.7%
2000-12-31	0.68	0.46	0.21	2.63	25.7%
2000-09-30	0.50	0.38	0.12	2.46	20.4%
2000-06-30	0.39	0.28	0.11	2.30	16.9%
2000-03-31	0.40	0.27	0.12	2.22	17.9%
1999-12-31	0.40	0.33	0.07	2.18	18.5%
1999-09-30	0.18	0.25	-0.07Net Cash	1.98	9.2%
1999-06-30	0.19	0.32	-0.13Net Cash	1.93	9.7%
1999-03-31	0.19	0.29	-0.10Net Cash	1.81	10.6%
1998-12-31	0.20	0.31	-0.11Net Cash	1.73	11.5%
1998-09-30	0.21	0.41	-0.20Net Cash	1.77	11.8%
1998-06-30	0.21	0.35	-0.14Net Cash	1.69	12.7%
1998-03-31	0.36	0.25	0.11	1.60	22.7%
1997-12-31	0.43	0.21	0.22	1.53	28.1%
1997-09-30	0.44	0.19	0.25	1.45	30.4%
1997-06-30	0.48	0.13	0.35	1.40	33.9%
1997-03-31	0.45	0.08	0.37	1.31	34.4%
1996-12-31	0.48	0.10	0.37	1.31	36.2%
1996-09-30	0.48	0.13	0.35	1.33	36.2%