Alaska Air Group Inc (ALK) — Free Cash Flow Generation Index
Alaska Air Group Inc (ALK) has a Free Cash Flow Generation Index of 0.20x as of March 2026. Free cash flow of $83.00 Million represents 0% of operating cash flow ($421.00 Million). Explore Alaska Air Group Inc (ALK) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Alaska Air Group Inc Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for Alaska Air Group Inc across 36 annual periods. For the full cash flow conversion analysis, see how efficiently does Alaska Air Group Inc generate cash.
Annual Free Cash Flow Generation for Alaska Air Group Inc (1989–2025)
Year-by-year Free Cash Flow Generation Index for Alaska Air Group Inc. Check Alaska Air Group Inc (ALK) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | -0.27x | $-339.00 Million | $1.25 Billion | $1.59 Billion | ▼ -317.1% |
| 2024 | 0.13x | $183.00 Million | $1.46 Billion | $1.28 Billion | ▲ +129.6% |
| 2023 | -0.42x | $-444.00 Million | $1.05 Billion | $1.49 Billion | ▼ -137.0% |
| 2022 | -0.18x | $-253.00 Million | $1.42 Billion | $1.67 Billion | ▼ -124.9% |
| 2021 | 0.72x | $738.00 Million | $1.03 Billion | $292.00 Million | ▲ +20.3% |
| 2019 | 0.60x | $1.03 Billion | $1.72 Billion | $696.00 Million | ▲ +203.0% |
| 2018 | 0.20x | $235.00 Million | $1.20 Billion | $960.00 Million | ▼ -44.6% |
| 2017 | 0.35x | $564.00 Million | $1.59 Billion | $1.03 Billion | ▼ -30.6% |
| 2016 | 0.51x | $708.00 Million | $1.39 Billion | $678.00 Million | ▲ +7.5% |
| 2015 | 0.48x | $753.00 Million | $1.58 Billion | $831.00 Million | ▲ +45.7% |
| 2014 | 0.33x | $336.00 Million | $1.03 Billion | $694.00 Million | ▼ -22.9% |
| 2013 | 0.42x | $415.00 Million | $981.00 Million | $566.00 Million | ▲ +78.0% |
| 2012 | 0.24x | $179.00 Million | $753.00 Million | $574.00 Million | ▼ -46.4% |
| 2011 | 0.44x | $308.60 Million | $696.00 Million | $387.40 Million | ▼ -33.8% |
| 2010 | 0.67x | $370.70 Million | $553.70 Million | $183.00 Million | ▲ +253.6% |
| 2009 | -0.44x | $-133.10 Million | $305.30 Million | $438.40 Million | ▲ +71.2% |
| 2008 | -1.51x | $-248.50 Million | $164.30 Million | $412.80 Million | ▼ -106.9% |
| 2007 | -0.73x | $-352.40 Million | $482.00 Million | $834.40 Million | ▼ -41.6% |
| 2006 | -0.52x | $-232.30 Million | $449.80 Million | $682.10 Million | ▲ +11.7% |
| 2005 | -0.59x | $-159.10 Million | $271.90 Million | $431.00 Million | ▼ -244.9% |
| 2004 | 0.40x | $134.90 Million | $334.00 Million | $199.10 Million | ▲ +1124.7% |
| 2003 | -0.04x | $-14.00 Million | $355.20 Million | $369.20 Million | ▲ +93.6% |
| 2002 | -0.61x | $-76.40 Million | $124.50 Million | $200.90 Million | ▼ -62.3% |
| 2001 | -0.38x | $-105.20 Million | $278.30 Million | $383.50 Million | ▲ +45.4% |
| 2000 | -0.69x | $-183.60 Million | $265.00 Million | $448.60 Million | ▲ +2.6% |
| 1999 | -0.71x | $-234.90 Million | $330.10 Million | $565.00 Million | ▲ +27.2% |
| 1998 | -0.98x | $-303.20 Million | $310.20 Million | $613.40 Million | ▲ +14.2% |
| 1997 | -1.14x | $-233.80 Million | $205.20 Million | $439.00 Million | ▼ -441.5% |
| 1996 | -0.21x | $-46.90 Million | $222.90 Million | $269.80 Million | ▼ -218.9% |
| 1995 | 0.18x | $22.20 Million | $125.50 Million | $103.30 Million | ▲ +157.3% |
| 1994 | -0.31x | $-44.49 Million | $144.13 Million | $188.63 Million | ▼ -179.2% |
| 1993 | 0.39x | $18.90 Million | $48.50 Million | $29.60 Million | ▲ +103.1% |
| 1992 | -12.76x | $-257.70 Million | $20.20 Million | $277.90 Million | ▼ -1608.6% |
| 1991 | -0.75x | $-61.60 Million | $82.50 Million | $144.10 Million | ▲ +17.2% |
| 1990 | -0.90x | $-93.10 Million | $103.20 Million | $196.30 Million | ▼ -6833.5% |
| 1989 | -0.01x | $-1.40 Million | $107.60 Million | $109.00 Million | — |