Alaska Air Group Inc (ALK)

Financial leverage ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Total assets US$ in thousands 19,768,000 15,834,000 15,346,000 14,964,000
Total stockholders’ equity US$ in thousands 4,372,000 4,113,000 3,816,000 3,801,000
Financial leverage ratio 4.52 3.85 4.02 3.94

December 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $—K ÷ $—K
= —