Alaska Air Group Inc Financial Flexibility Index
Alaska Air Group Inc 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). Explore how much does Alaska Air Group Inc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Alaska Air Group Inc (1989–2025)
Financial flexibility index of Alaska Air Group Inc from 1989 to 2025. Historical Financial Flexibility Index trend for Alaska Air Group Inc across 37 annual periods. Check ALK cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Alaska Air Group Inc Financial Flexibility Index by Year (1989–2025)
Alaska Air Group Inc financial flexibility index by year from 1989 to 2025. Year-by-year free cash flow to debt coverage for Alaska Air Group Inc. For the full cash flow conversion analysis, see Alaska Air Group Inc (ALK) cash conversion ratio.
| 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 | — |