Alaska Air Group Inc (ALK) — Capital Reinvestment Ratio
Latest as of March 2026:
0.80x
Alaska Air Group Inc (ALK) has a Capital Reinvestment Ratio of 0.80x as of March 2026, meaning it reinvests 1% of its operating cash flow ($421.00 Million) in capital expenditures ($338.00 Million). See Alaska Air Group Inc (ALK) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.80x
Capex / Operating Cash Flow
Operating Cash Flow
$421.00 Million
USD
Capital Expenditures
$338.00 Million
USD
Data as of
Mar 2026
Most recent filing
Alaska Air Group Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks Alaska Air Group Inc's Capital Reinvestment Ratio across 36 annual periods.
Annual Capital Reinvestment Ratio for Alaska Air Group Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for Alaska Air Group Inc from 1989 to 2025. For live market cap and broader valuation context, see Alaska Air Group Inc stock valuation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.27x | $1.25 Billion | $1.59 Billion | ▲ +45.3% |
| 2024 | 0.88x | $1.46 Billion | $1.28 Billion | ▼ -38.5% |
| 2023 | 1.42x | $1.05 Billion | $1.49 Billion | ▲ +20.7% |
| 2022 | 1.18x | $1.42 Billion | $1.67 Billion | ▲ +315.7% |
| 2021 | 0.28x | $1.03 Billion | $292.00 Million | ▼ -29.9% |
| 2019 | 0.40x | $1.72 Billion | $696.00 Million | ▼ -49.7% |
| 2018 | 0.80x | $1.20 Billion | $960.00 Million | ▲ +24.5% |
| 2017 | 0.65x | $1.59 Billion | $1.03 Billion | ▲ +31.9% |
| 2016 | 0.49x | $1.39 Billion | $678.00 Million | ▼ -6.8% |
| 2015 | 0.52x | $1.58 Billion | $831.00 Million | ▼ -22.1% |
| 2014 | 0.67x | $1.03 Billion | $694.00 Million | ▲ +16.8% |
| 2013 | 0.58x | $981.00 Million | $566.00 Million | ▼ -24.3% |
| 2012 | 0.76x | $753.00 Million | $574.00 Million | ▲ +37.0% |
| 2011 | 0.56x | $696.00 Million | $387.40 Million | ▲ +68.4% |
| 2010 | 0.33x | $553.70 Million | $183.00 Million | ▼ -77.0% |
| 2009 | 1.44x | $305.30 Million | $438.40 Million | ▼ -42.8% |
| 2008 | 2.51x | $164.30 Million | $412.80 Million | ▲ +45.1% |
| 2007 | 1.73x | $482.00 Million | $834.40 Million | ▲ +14.2% |
| 2006 | 1.52x | $449.80 Million | $682.10 Million | ▼ -4.3% |
| 2005 | 1.59x | $271.90 Million | $431.00 Million | ▲ +165.9% |
| 2004 | 0.60x | $334.00 Million | $199.10 Million | ▼ -42.6% |
| 2003 | 1.04x | $355.20 Million | $369.20 Million | ▼ -35.6% |
| 2002 | 1.61x | $124.50 Million | $200.90 Million | ▲ +17.1% |
| 2001 | 1.38x | $278.30 Million | $383.50 Million | ▼ -18.6% |
| 2000 | 1.69x | $265.00 Million | $448.60 Million | ▼ -1.1% |
| 1999 | 1.71x | $330.10 Million | $565.00 Million | ▼ -13.4% |
| 1998 | 1.98x | $310.20 Million | $613.40 Million | ▼ -7.6% |
| 1997 | 2.14x | $205.20 Million | $439.00 Million | ▲ +76.7% |
| 1996 | 1.21x | $222.90 Million | $269.80 Million | ▲ +47.1% |
| 1995 | 0.82x | $125.50 Million | $103.30 Million | ▼ -37.1% |
| 1994 | 1.31x | $144.13 Million | $188.63 Million | ▲ +114.4% |
| 1993 | 0.61x | $48.50 Million | $29.60 Million | ▼ -95.6% |
| 1992 | 13.76x | $20.20 Million | $277.90 Million | ▲ +687.6% |
| 1991 | 1.75x | $82.50 Million | $144.10 Million | ▼ -8.2% |
| 1990 | 1.90x | $103.20 Million | $196.30 Million | ▲ +87.8% |
| 1989 | 1.01x | $107.60 Million | $109.00 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow