Alaska Air Group Balance Sheet
NYSE: ALKConsumer DiscretionaryAir Freight/Delivery ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Alaska Air Group financial position
At the end of fiscal 2025, Alaska Air Group reported total assets of $20.36 billion, up 3.0% from a year earlier against total liabilities of $16.24 billion. Shareholders' equity stood at $4.12 billion, or 20.2% of assets. The company held $627.0 million in cash and equivalents against $5.31 billion of debt, a net debt position of $4.68 billion.
The current ratio (current assets divided by current liabilities) was 0.50, meaning short-term obligations exceed short-term assets. Debt-to-equity was 1.29.
Summary generated from market data by MetaCap's automated system. Methodology
Alaska Air Group balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 627.00M | 1.20B | 281.00M | 338.00M | 470.00M | 1.37B | 221.00M | 105.00M | 194.00M | 328.00M |
| Short-Term Investments | 1.50B | 1.27B | 1.51B | 2.08B | 2.65B | 1.98B | 1.30B | 1.13B | 1.43B | 1.25B |
| Receivables | 565.00M | 558.00M | 383.00M | 296.00M | 546.00M | 480.00M | 323.00M | 366.00M | 341.00M | 302.00M |
| Inventory | 203.00M | 199.00M | 116.00M | 104.00M | 62.00M | 57.00M | 72.00M | 60.00M | 57.00M | 47.00M |
| Total Current Assets | 3.27B | 3.76B | 2.71B | 3.04B | 3.92B | 4.01B | 2.04B | 1.79B | 2.15B | 2.05B |
| Property, Plant & Equipment | 11.86B | 10.78B | 8.39B | 7.26B | 6.14B | 6.21B | 6.90B | 6.78B | 6.28B | 5.67B |
| Goodwill | 2.72B | 2.72B | 1.94B | 2.04B | 2.04B | 2.05B | 1.94B | 1.94B | 1.94B | 1.93B |
| Intangible Assets | 815.00M | 873.00M | 90.00M | — | — | 107.00M | 122.00M | 127.00M | 133.00M | 143.00M |
| Total Assets | 20.36B | 19.77B | 14.61B | 14.19B | 13.95B | 14.05B | 12.99B | 10.91B | 10.75B | 9.96B |
| Accounts Payable | 324.00M | 186.00M | 207.00M | 221.00M | 200.00M | 108.00M | 146.00M | 132.00M | 120.00M | 92.00M |
| Short-Term Debt | 540.00M | 442.00M | 353.00M | 276.00M | 366.00M | 1.14B | 235.00M | 486.00M | 307.00M | 319.00M |
| Total Current Liabilities | 6.59B | 6.14B | 4.46B | 4.49B | 3.99B | 4.29B | 3.20B | 2.94B | 2.69B | 2.54B |
| Long-Term Debt | 4.77B | 4.49B | 2.18B | 1.88B | 2.17B | 2.36B | 1.26B | 1.62B | 2.26B | 2.65B |
| Total Liabilities | 16.24B | 15.40B | 10.50B | 10.37B | 10.15B | 11.06B | 8.66B | 7.16B | 7.29B | 7.22B |
| Shareholders' Equity | 4.12B | 4.37B | 4.11B | 3.82B | 3.80B | 2.99B | 4.33B | 3.75B | 3.46B | 2.74B |
| Retained Earnings | 5.03B | 4.93B | 4.54B | 4.30B | 4.24B | 3.76B | 5.13B | 4.53B | 4.19B | 3.57B |
| Total Debt | 5.31B | 4.93B | 2.54B | 2.16B | 2.54B | 3.50B | 1.50B | 2.10B | 2.57B | 2.96B |
| Net Cash (Debt) | -3.19B | -2.46B | -744.00M | 258.00M | 577.00M | -149.00M | 22.00M | -867.00M | -948.00M | -1.38B |
| Shares Outstanding | 115.53M | 123.12M | 126.09M | 127.53M | 125.91M | 124.22M | 123.00M | 123.19M | 123.06M | 123.33M |
This table shows 10 annual periods of Alaska Air Group's balance sheet, from FY 2025 back to FY 2016, across 19 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow ALK's reporting calendar. What is a balance sheet?