Alaska Air (ALK) Capital Expenditures (2009 - 2026)
Alaska Air (ALK) reported Capital Expenditures of $30.0 million for Q1 2026, down 28.57% year-over-year from $42.0 million in Q1 2025, and down 96.45% on a QoQ basis from $844.0 million in Q4 2025.
Alaska Air (ALK) has 18 years of Capital Expenditures data on file, last reported at $30.0 million in Q1 2026.
- Quarterly Capital Expenditures fell 28.57% year-over-year to $30.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 28.96% YoY) and the FY2025 annual result came in at $1.1 billion, up 30.11% from the prior year.
- Capital Expenditures eased to $30.0 million in Q1 2026 per ALK's latest filing, from $844.0 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $893.0 million in Q3 2022 and bottomed at -$756.0 million in Q4 2022.
- The 5-year median for Capital Expenditures is $57.0 million (2022), against an average of $137.8 million.
- Peak annual rise in Capital Expenditures reached 3959.09% in 2022, while the deepest fall reached 1245.45% in 2022.
- Tracing ALK's Capital Expenditures over 5 years: stood at -$756.0 million in 2022, then surged by 109.66% to $73.0 million in 2023, then surged by 857.53% to $699.0 million in 2024, then gained by 20.74% to $844.0 million in 2025, then slumped by 96.45% to $30.0 million in 2026.
- Per Business Quant, the three latest ALK Capital Expenditures figures stand at $30.0 million (Q1 2026), $844.0 million (Q4 2025), and $91.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 1.00 Bn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 630.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | - |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | - |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 30.00 Mn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 14.05 Mn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 1.44 Bn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | 126.00 Mn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 45.43 Mn |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | 12.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.00 Mn |
| Mar 31, 2026 | 30.00 Mn |
| Dec 31, 2025 | 844.00 Mn |
| Dec 31, 2025 | 844.00 Mn |
| Sep 30, 2025 | 91.00 Mn |
| Sep 30, 2025 | 91.00 Mn |
| Jun 30, 2025 | 86.00 Mn |
| Jun 30, 2025 | 86.00 Mn |
| Mar 31, 2025 | 42.00 Mn |
| Mar 31, 2025 | 42.00 Mn |
| Dec 31, 2024 | 699.00 Mn |
| Dec 31, 2024 | 699.00 Mn |
| Sep 30, 2024 | 55.00 Mn |
| Sep 30, 2024 | 55.00 Mn |
| Jun 30, 2024 | 19.00 Mn |
| Jun 30, 2024 | 19.00 Mn |
| Mar 31, 2024 | 44.00 Mn |
| Mar 31, 2024 | 44.00 Mn |
| Dec 31, 2023 | 73.00 Mn |
| Dec 31, 2023 | 73.00 Mn |
| Sep 30, 2023 | 62.00 Mn |
| Sep 30, 2023 | 62.00 Mn |
| Jun 30, 2023 | 57.00 Mn |
| Jun 30, 2023 | 57.00 Mn |
| Mar 31, 2023 | 50.00 Mn |
| Mar 31, 2023 | 50.00 Mn |
| Dec 31, 2022 | -756.00 Mn |
| Dec 31, 2022 | -756.00 Mn |
| Sep 30, 2022 | 893.00 Mn |
| Sep 30, 2022 | 893.00 Mn |
| Jun 30, 2022 | -3.00 Mn |
| Jun 30, 2022 | -3.00 Mn |
| Mar 31, 2022 | 57.00 Mn |
| Mar 31, 2022 | 57.00 Mn |
| Dec 31, 2021 | 66.00 Mn |
| Dec 31, 2021 | 66.00 Mn |
| Sep 30, 2021 | 22.00 Mn |
| Sep 30, 2021 | 22.00 Mn |
| Jun 30, 2021 | 25.00 Mn |
| Jun 30, 2021 | 25.00 Mn |
| Mar 31, 2021 | 13.00 Mn |
| Mar 31, 2021 | 13.00 Mn |
| Dec 31, 2020 | -149.00 Mn |
| Dec 31, 2020 | -149.00 Mn |
| Sep 30, 2020 | 161.00 Mn |
| Sep 30, 2020 | 161.00 Mn |
| Jun 30, 2020 | 16.00 Mn |
| Jun 30, 2020 | 16.00 Mn |
| Mar 31, 2020 | 27.00 Mn |
| Mar 31, 2020 | 27.00 Mn |
| Dec 31, 2019 | 37.00 Mn |
| Dec 31, 2019 | 37.00 Mn |
| Sep 30, 2019 | -208.00 Mn |
| Sep 30, 2019 | -208.00 Mn |
| Jun 30, 2019 | 304.00 Mn |
| Jun 30, 2019 | 304.00 Mn |
| Mar 31, 2019 | 29.00 Mn |
| Mar 31, 2019 | 29.00 Mn |
| Dec 31, 2018 | 132.00 Mn |
| Dec 31, 2018 | 132.00 Mn |
| Sep 30, 2018 | 131.00 Mn |
| Sep 30, 2018 | 131.00 Mn |
| Jun 30, 2018 | 352.00 Mn |
| Jun 30, 2018 | 352.00 Mn |
| Mar 31, 2018 | 71.00 Mn |
| Mar 31, 2018 | 71.00 Mn |
| Dec 31, 2017 | -715.00 Mn |
| Dec 31, 2017 | -715.00 Mn |
| Sep 30, 2017 | 437.00 Mn |
| Sep 30, 2017 | 437.00 Mn |
| Jun 30, 2017 | 188.00 Mn |
| Jun 30, 2017 | 188.00 Mn |
| Mar 31, 2017 | 216.00 Mn |
| Mar 31, 2017 | 216.00 Mn |
| Dec 31, 2016 | -412.00 Mn |
| Dec 31, 2016 | -412.00 Mn |
| Sep 30, 2016 | 241.00 Mn |
| Sep 30, 2016 | 241.00 Mn |
| Jun 30, 2016 | 255.00 Mn |
| Jun 30, 2016 | 255.00 Mn |
| Mar 31, 2016 | 13.00 Mn |
| Mar 31, 2016 | 13.00 Mn |
| Dec 31, 2015 | -492.00 Mn |
| Dec 31, 2015 | -492.00 Mn |
| Sep 30, 2015 | 537.00 Mn |
| Sep 30, 2015 | 537.00 Mn |
| Jun 30, 2015 | -253.00 Mn |
| Jun 30, 2015 | -253.00 Mn |
| Mar 31, 2015 | 279.00 Mn |
| Mar 31, 2015 | 279.00 Mn |
| Dec 31, 2014 | 135.00 Mn |
| Dec 31, 2014 | 135.00 Mn |
| Sep 30, 2014 | 499.00 Mn |
| Sep 30, 2014 | 499.00 Mn |
| Jun 30, 2014 | 43.00 Mn |
| Jun 30, 2014 | 43.00 Mn |
| Mar 31, 2014 | 17.00 Mn |
| Mar 31, 2014 | 17.00 Mn |
| Dec 31, 2013 | 15.00 Mn |
| Dec 31, 2013 | 15.00 Mn |
| Sep 30, 2013 | -232.00 Mn |
| Sep 30, 2013 | -232.00 Mn |
| Jun 30, 2013 | 168.00 Mn |
| Jun 30, 2013 | 168.00 Mn |
| Mar 31, 2013 | 90.00 Mn |
| Mar 31, 2013 | 90.00 Mn |
| Dec 31, 2012 | -9.00 Mn |
| Dec 31, 2012 | -9.00 Mn |
| Sep 30, 2012 | 45.00 Mn |
| Sep 30, 2012 | 45.00 Mn |
| Jun 30, 2012 | -61.00 Mn |
| Jun 30, 2012 | -61.00 Mn |
| Mar 31, 2012 | 81.00 Mn |
| Mar 31, 2012 | 81.00 Mn |
| Dec 31, 2011 | 18.20 Mn |
| Dec 31, 2011 | 18.20 Mn |
| Sep 30, 2011 | 4.70 Mn |
| Sep 30, 2011 | 4.70 Mn |
| Jun 30, 2011 | -128.20 Mn |
| Jun 30, 2011 | -128.20 Mn |
| Mar 31, 2011 | 139.30 Mn |
| Mar 31, 2011 | 139.30 Mn |
| Dec 31, 2010 | 3.00 Mn |
| Dec 31, 2010 | 3.00 Mn |
| Sep 30, 2010 | -87.80 Mn |
| Sep 30, 2010 | -87.80 Mn |
| Jun 30, 2010 | 85.90 Mn |
| Jun 30, 2010 | 85.90 Mn |
| Mar 31, 2010 | 25.90 Mn |
| Mar 31, 2010 | 25.90 Mn |
| Dec 31, 2009 | -316.70 Mn |
| Dec 31, 2009 | -316.70 Mn |
| Sep 30, 2009 | 38.80 Mn |
| Sep 30, 2009 | 38.80 Mn |