Alaska Air Group Inc (ALK) — Capital Reinvestment Ratio
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). Check Alaska Air Group Inc (ALK) tangible net worth to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Alaska Air Group Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks Alaska Air Group Inc's Capital Reinvestment Ratio across 36 annual periods. For the full cash flow conversion analysis, see ALK cash generation efficiency.
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. See ALK cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |