Alaska Air Group Inc (ALK) — Financial Flexibility Index

Latest as of March 2026: 0.05x

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). Also explore net asset growth rate of Alaska Air Group Inc to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.05x
Free Cash Flow / Total Liabilities

Free Cash Flow

$759.00 Million
Operating CF − Capex

Total Liabilities

$16.57 Billion
USD

Capital Expenditures

$338.00 Million
USD

Alaska Air Group Inc Financial Flexibility Index (1989–2025)

Historical Financial Flexibility Index trend for Alaska Air Group Inc across 37 annual periods. Check Alaska Air Group Inc PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

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 ALK market cap overview.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities