Alaska Air Group Inc (ALK) — Tangible Net Worth Ratio

Latest as of March 2026: 78.5%

Alaska Air Group Inc (ALK) has a Tangible Net Worth Ratio of 78.5% as of March 2026. This metric is calculated by deducting intangible assets ($801.00 Million) from net assets ($3.73 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See ALK current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

78.5%
Tangible equity / total equity

Net Assets (Equity)

$3.73 Billion
USD

Intangible Assets

$801.00 Million
Goodwill, patents, brand value

Total Assets

$20.30 Billion
USD

Alaska Air Group Inc Tangible Net Worth Ratio (1985–2025)

This chart shows how Alaska Air Group Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 78.5%, reflecting net assets of $3.73 Billion with intangible assets of $801.00 Million USD. See how many days can Alaska Air Group Inc fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Alaska Air Group Inc (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Alaska Air Group Inc from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of Alaska Air Group Inc.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 80.2% $4.12 Billion $815.00 Million $20.36 Billion ▲ +0.2 pp
2024 80.0% $4.37 Billion $873.00 Million $19.77 Billion ▼ -17.8 pp
2023 97.8% $4.11 Billion $90.00 Million $15.83 Billion ▲ +51.2 pp
2022 46.6% $3.82 Billion $2.04 Billion $15.35 Billion ▲ +0.4 pp
2021 46.2% $3.80 Billion $2.04 Billion $14.96 Billion ▼ -50.2 pp
2020 96.4% $2.99 Billion $107.00 Million $14.05 Billion ▼ -0.8 pp
2019 97.2% $4.33 Billion $122.00 Million $14.00 Billion ▲ +0.6 pp
2018 96.6% $3.75 Billion $127.00 Million $10.91 Billion ▲ +0.5 pp
2017 96.2% $3.46 Billion $133.00 Million $10.75 Billion ▲ +1.4 pp
2016 94.7% $2.93 Billion $155.00 Million $9.98 Billion ▼ -5.3 pp
2015 100.0% $2.41 Billion $0.00 $6.53 Billion ▲ +0.0 pp
2014 100.0% $2.13 Billion $0.00 $6.18 Billion ▲ +0.0 pp
2013 100.0% $2.03 Billion $0.00 $5.84 Billion ▲ +0.0 pp
2012 100.0% $1.42 Billion $0.00 $5.50 Billion ▲ +0.0 pp
2011 100.0% $1.17 Billion $0.00 $5.20 Billion ▲ +0.0 pp
2010 100.0% $1.10 Billion $0.00 $5.02 Billion ▲ +0.0 pp
2009 100.0% $872.00 Million $0.00 $4.99 Billion ▲ +0.0 pp
2008 100.0% $662.00 Million $0.00 $4.84 Billion ▲ +0.0 pp
2007 100.0% $1.02 Billion $0.00 $4.49 Billion ▲ +0.0 pp
2006 100.0% $885.50 Million $0.00 $4.08 Billion ▲ +4.1 pp
2005 95.9% $827.60 Million $33.60 Million $3.79 Billion ▲ +1.7 pp
2004 94.2% $664.80 Million $38.60 Million $3.33 Billion ▲ +1.0 pp
2003 93.2% $674.20 Million $45.60 Million $3.26 Billion ▲ +1.0 pp
2002 92.2% $655.70 Million $50.90 Million $2.88 Billion ▼ -1.5 pp
2001 93.7% $820.30 Million $51.40 Million $2.93 Billion ▼ -0.1 pp
2000 93.8% $862.30 Million $53.40 Million $2.63 Billion ▼ -0.2 pp
1999 94.0% $930.70 Million $55.50 Million $2.18 Billion ▲ +1.3 pp
1998 92.7% $789.50 Million $57.50 Million $1.73 Billion ▲ +5.3 pp
1997 87.5% $475.30 Million $59.60 Million $1.53 Billion ▲ +10.1 pp
1996 77.4% $272.50 Million $61.60 Million $1.31 Billion ▲ +7.3 pp
1995 70.1% $212.50 Million $63.60 Million $1.31 Billion ▲ +4.4 pp
1994 65.7% $191.28 Million $65.67 Million $1.32 Billion ▲ +6.3 pp
1993 59.4% $166.80 Million $67.70 Million $1.14 Billion ▼ -13.5 pp
1992 72.9% $257.90 Million $69.80 Million $1.21 Billion ▼ -6.3 pp
1991 79.2% $345.30 Million $71.80 Million $1.21 Billion ▲ +0.9 pp
1990 78.3% $340.50 Million $73.80 Million $1.02 Billion ▲ +0.7 pp
1989 77.7% $341.90 Million $76.40 Million $874.10 Million ▲ +3.6 pp
1988 74.0% $306.50 Million $79.60 Million $730.20 Million ▲ +4.9 pp
1987 69.1% $271.60 Million $83.90 Million $705.80 Million ▲ +14.5 pp
1986 54.6% $177.20 Million $80.40 Million $671.90 Million ▼ -45.4 pp
1985 100.0% $161.00 Million $0.00 $537.00 Million
pp = percentage points