Alaska Air Group Inc (ALK) — Financial Flexibility Index
Alaska Air Group Inc (ALK) has a Financial Flexibility Index of 0.05x as of March 2026. Free cash flow of $759.00 Million (operating CF $421.00 Million minus capex $338.00 Million) represents 0% of total liabilities ($16.57 Billion). Check Alaska Air Group Inc (ALK) strategic investment index to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Alaska Air Group Inc Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Alaska Air Group Inc across 37 annual periods. See Alaska Air Group Inc current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Alaska Air Group Inc (1989–2025)
Year-by-year free cash flow to debt coverage for Alaska Air Group Inc. For the full company profile including market capitalisation, see Alaska Air Group Inc market cap and net worth.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.17x | $2.84 Billion | $1.25 Billion | $16.24 Billion | ▼ -2.0% |
| 2024 | 0.18x | $2.75 Billion | $1.46 Billion | $15.40 Billion | ▼ -17.9% |
| 2023 | 0.22x | $2.54 Billion | $1.05 Billion | $11.72 Billion | ▼ -19.0% |
| 2022 | 0.27x | $3.09 Billion | $1.42 Billion | $11.53 Billion | ▲ +126.2% |
| 2021 | 0.12x | $1.32 Billion | $1.03 Billion | $11.16 Billion | ▲ +4777.0% |
| 2020 | 0.00x | $-28.00 Million | $-234.00 Million | $11.06 Billion | ▼ -101.0% |
| 2019 | 0.25x | $2.42 Billion | $1.72 Billion | $9.67 Billion | ▼ -16.9% |
| 2018 | 0.30x | $2.15 Billion | $1.20 Billion | $7.16 Billion | ▼ -16.2% |
| 2017 | 0.36x | $2.62 Billion | $1.59 Billion | $7.29 Billion | ▲ +22.6% |
| 2016 | 0.29x | $2.06 Billion | $1.39 Billion | $7.05 Billion | ▼ -50.0% |
| 2015 | 0.59x | $2.42 Billion | $1.58 Billion | $4.12 Billion | ▲ +37.8% |
| 2014 | 0.43x | $1.72 Billion | $1.03 Billion | $4.05 Billion | ▲ +4.7% |
| 2013 | 0.41x | $1.55 Billion | $981.00 Million | $3.81 Billion | ▲ +25.0% |
| 2012 | 0.32x | $1.33 Billion | $753.00 Million | $4.08 Billion | ▲ +20.8% |
| 2011 | 0.27x | $1.08 Billion | $696.00 Million | $4.03 Billion | ▲ +42.8% |
| 2010 | 0.19x | $736.70 Million | $553.70 Million | $3.91 Billion | ▲ +4.1% |
| 2009 | 0.18x | $743.70 Million | $305.30 Million | $4.11 Billion | ▲ +30.8% |
| 2008 | 0.14x | $577.10 Million | $164.30 Million | $4.17 Billion | ▼ -63.6% |
| 2007 | 0.38x | $1.32 Billion | $482.00 Million | $3.47 Billion | ▲ +7.1% |
| 2006 | 0.35x | $1.13 Billion | $449.80 Million | $3.19 Billion | ▲ +49.6% |
| 2005 | 0.24x | $702.90 Million | $271.90 Million | $2.96 Billion | ▲ +18.8% |
| 2004 | 0.20x | $533.10 Million | $334.00 Million | $2.67 Billion | ▼ -28.8% |
| 2003 | 0.28x | $724.40 Million | $355.20 Million | $2.58 Billion | ▲ +91.6% |
| 2002 | 0.15x | $325.40 Million | $124.50 Million | $2.23 Billion | ▼ -53.3% |
| 2001 | 0.31x | $661.80 Million | $278.30 Million | $2.11 Billion | ▼ -22.4% |
| 2000 | 0.40x | $713.60 Million | $265.00 Million | $1.77 Billion | ▼ -43.7% |
| 1999 | 0.72x | $895.10 Million | $330.10 Million | $1.25 Billion | ▼ -26.9% |
| 1998 | 0.98x | $923.60 Million | $310.20 Million | $942.30 Million | ▲ +60.9% |
| 1997 | 0.61x | $644.20 Million | $205.20 Million | $1.06 Billion | ▲ +28.4% |
| 1996 | 0.47x | $492.70 Million | $222.90 Million | $1.04 Billion | ▲ +128.2% |
| 1995 | 0.21x | $228.80 Million | $125.50 Million | $1.10 Billion | ▼ -29.8% |
| 1994 | 0.30x | $332.76 Million | $144.13 Million | $1.12 Billion | ▲ +266.9% |
| 1993 | 0.08x | $78.10 Million | $48.50 Million | $968.20 Million | ▼ -74.3% |
| 1992 | 0.31x | $298.10 Million | $20.20 Million | $950.50 Million | ▲ +19.9% |
| 1991 | 0.26x | $226.60 Million | $82.50 Million | $866.30 Million | ▼ -40.5% |
| 1990 | 0.44x | $299.50 Million | $103.20 Million | $680.90 Million | ▲ +8.1% |
| 1989 | 0.41x | $216.60 Million | $107.60 Million | $532.20 Million | — |