Alaska Air Group

ALK Airlines & Travel 4/10 Medium Risk
4/10
— 4 → 4 over 7 weeks
Sector avg: 4.2/10

Alaska Air Group carries $5.3B in long-term debt, with $5.4B in scheduled principal maturities. DebtCanary scores ALK at 4/10, indicating moderate refinancing pressure.

Maturity Schedule

Year 1 $554M Year 2 $766M Year 3 $330M Year 4 $878M Year 5 $268M Beyond 5 $2.6B
Period Amount Due % of Total
Year 1 (0-12 months) $554M 10.3%
Year 2 (12-24 months) $766M 14.2%
Year 3 (24-36 months) $330M 6.1%
Year 4 (36-48 months) $878M 16.3%
Year 5 (48-60 months) $268M 5.0%
Beyond 5 Years $2.6B 48.0%
Total Scheduled Maturities $5.4B 100.0%

Key Metrics

Total Long-Term Debt
$5.3B
Near-Term (12mo)
$554M
Interest Coverage
2.5x
Debt/Equity
1.29
Cash Coverage
1.13x
Operating Income
$303M
EBITDA
$1.1B
Debt / EBITDA
4.8x
EBITDA / Interest
9.1x

Score Components

Component Value Weight
Near-Term Maturity Concentration 10.3% 30%
Interest Coverage Ratio 2.5x 25%
Debt-to-Equity Ratio 1.29 25%
Cash Coverage of Near-Term Debt 1.13x 20%

Recent SEC Filings

Material disclosures from Alaska Air Group's most recent EDGAR filings. 8-K item labels indicate the type of event reported.

Date Form Details
2026-04-20 8-K Material Agreement, Earnings Results, Reg FD Disclosure
2026-03-30 DEFA14A Additional proxy materials
2026-03-30 DEF 14A Proxy statement
2026-03-30 8-K Reg FD Disclosure
2026-02-12 10-K Annual report
2026-01-22 8-K Earnings Results, Reg FD Disclosure
2026-01-07 8-K Material Agreement
2025-12-03 8-K Reg FD Disclosure

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Data Source: Financial data sourced from SEC EDGAR XBRL filings (10-K annual reports). Fiscal period end: 2025-12-31. Filing date: 2026-02-12. Data last fetched: 2026-04-30. Maturity schedules reflect the company's most recently reported debt repayment obligations. Data quality: Complete.
View SEC EDGAR filings for Alaska Air Group →