Alaska Air Group Inc (ALK) — Cash Flow Reinvestment Rate
Alaska Air Group Inc (ALK) has a Cash Flow Reinvestment Rate of 0.80x as of March 2026, reinvesting $338.00 Million (capex $338.00 Million ) from operating cash flow of $421.00 Million. See ALK free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Alaska Air Group Inc Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for Alaska Air Group Inc across 36 annual periods. For the full cash flow conversion analysis, see ALK cash flow metrics.
Annual Cash Flow Reinvestment Rate for Alaska Air Group Inc (1989–2025)
Year-by-year capital reinvestment analysis for Alaska Air Group Inc. See ALK financial flexibility score to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.42x | $1.78 Billion | $1.25 Billion | $1.59 Billion | ▲ +8.8% |
| 2024 | 1.31x | $1.92 Billion | $1.46 Billion | $1.28 Billion | ▼ -47.9% |
| 2023 | 2.51x | $2.63 Billion | $1.05 Billion | $1.49 Billion | ▲ +23.1% |
| 2022 | 2.04x | $2.89 Billion | $1.42 Billion | $1.67 Billion | ▲ +61.4% |
| 2021 | 1.26x | $1.30 Billion | $1.03 Billion | $292.00 Million | ▲ +161.2% |
| 2019 | 0.48x | $832.00 Million | $1.72 Billion | $696.00 Million | ▼ -53.5% |
| 2018 | 1.04x | $1.24 Billion | $1.20 Billion | $960.00 Million | ▲ +36.9% |
| 2017 | 0.76x | $1.21 Billion | $1.59 Billion | $1.03 Billion | ▲ +54.7% |
| 2016 | 0.49x | $680.00 Million | $1.39 Billion | $678.00 Million | ▼ -20.9% |
| 2015 | 0.62x | $983.00 Million | $1.58 Billion | $831.00 Million | ▼ -23.6% |
| 2014 | 0.81x | $837.00 Million | $1.03 Billion | $694.00 Million | ▲ +14.7% |
| 2013 | 0.71x | $695.00 Million | $981.00 Million | $566.00 Million | ▼ -18.7% |
| 2012 | 0.87x | $656.00 Million | $753.00 Million | $574.00 Million | ▲ +31.9% |
| 2011 | 0.66x | $459.60 Million | $696.00 Million | $387.40 Million | ▲ +33.4% |
| 2010 | 0.49x | $274.00 Million | $553.70 Million | $183.00 Million | ▼ -65.5% |
| 2009 | 1.44x | $438.40 Million | $305.30 Million | $438.40 Million | ▼ -42.8% |
| 2008 | 2.51x | $412.80 Million | $164.30 Million | $412.80 Million | ▲ +45.1% |
| 2007 | 1.73x | $834.40 Million | $482.00 Million | $834.40 Million | ▲ +14.2% |
| 2006 | 1.52x | $682.10 Million | $449.80 Million | $682.10 Million | ▼ -4.3% |
| 2005 | 1.59x | $431.00 Million | $271.90 Million | $431.00 Million | ▲ +165.9% |
| 2004 | 0.60x | $199.10 Million | $334.00 Million | $199.10 Million | ▼ -42.6% |
| 2003 | 1.04x | $369.20 Million | $355.20 Million | $369.20 Million | ▼ -35.6% |
| 2002 | 1.61x | $200.90 Million | $124.50 Million | $200.90 Million | ▲ +17.1% |
| 2001 | 1.38x | $383.50 Million | $278.30 Million | $383.50 Million | ▼ -18.6% |
| 2000 | 1.69x | $448.60 Million | $265.00 Million | $448.60 Million | ▼ -1.1% |
| 1999 | 1.71x | $565.00 Million | $330.10 Million | $565.00 Million | ▼ -13.4% |
| 1998 | 1.98x | $613.40 Million | $310.20 Million | $613.40 Million | ▼ -7.6% |
| 1997 | 2.14x | $439.00 Million | $205.20 Million | $439.00 Million | ▲ +76.7% |
| 1996 | 1.21x | $269.80 Million | $222.90 Million | $269.80 Million | ▲ +47.1% |
| 1995 | 0.82x | $103.30 Million | $125.50 Million | $103.30 Million | ▼ -37.1% |
| 1994 | 1.31x | $188.63 Million | $144.13 Million | $188.63 Million | ▲ +114.4% |
| 1993 | 0.61x | $29.60 Million | $48.50 Million | $29.60 Million | ▼ -95.6% |
| 1992 | 13.76x | $277.90 Million | $20.20 Million | $277.90 Million | ▲ +687.6% |
| 1991 | 1.75x | $144.10 Million | $82.50 Million | $144.10 Million | ▼ -8.2% |
| 1990 | 1.90x | $196.30 Million | $103.20 Million | $196.30 Million | ▲ +87.8% |
| 1989 | 1.01x | $109.00 Million | $107.60 Million | $109.00 Million | — |