Alaska Air (ALK) Capital Expenditures (2009 - 2026)
Alaska Air (ALK) recorded Capital Expenditures of $78 million in Q2 2026, down 9.3% from $86 million a year earlier but up 160.0% from the prior quarter.
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Analysis
Alaska Air (ALK) Capital Expenditures (2009 - 2026) Analysis & Trends
On a TTM basis, Alaska Air's Capital Expenditures came in at $289 million as of Jun 30, 2026, up 4.3% year-over-year; for FY2025, it was $309 million, up 5.5% from FY2024.
- Annual Capital Expenditures has increased for three straight years, with a five-year compound annual growth rate of 6.8% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $293 million in FY2024 (+21.1%), $242 million in FY2023 (+16.3%), $208 million in FY2022 (-28.8%) and $292 million in FY2021 (+31.5%).
- Quarterly Capital Expenditures has ranged from -$739 million in Q4 2022 to $344 million in Q2 2022 over the past five years.
- On a year-over-year basis, Capital Expenditures has declined for three consecutive quarters, with growth averaging 3.5% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 966.7% in Q1 2022, against a decline of 82.2% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $30 million (Q1 2026), $90 million (Q4 2025) and $91 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | 873.00 Mn |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | 576.00 Mn |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | 547.98 Mn |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | 439.00 Mn |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | 693.00 Mn |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | 1.47 Bn |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | -786.00 Mn |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | 77.04 Mn |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | 1.34 Bn |
| 10 | Alaska Air | 4.41 Bn | -3.41 Bn | - | 78.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 78.00 Mn |
| Mar 31, 2026 | 30.00 Mn |
| Dec 31, 2025 | 90.00 Mn |
| Sep 30, 2025 | 91.00 Mn |
| Jun 30, 2025 | 86.00 Mn |
| Mar 31, 2025 | 42.00 Mn |
| Dec 31, 2024 | 91.00 Mn |
| Sep 30, 2024 | 58.00 Mn |
| Jun 30, 2024 | 100.00 Mn |
| Mar 31, 2024 | 44.00 Mn |
| Dec 31, 2023 | 73.00 Mn |
| Sep 30, 2023 | 56.00 Mn |
| Jun 30, 2023 | -11.00 Mn |
| Mar 31, 2023 | 124.00 Mn |
| Dec 31, 2022 | -739.00 Mn |
| Sep 30, 2022 | 315.00 Mn |
| Jun 30, 2022 | 344.00 Mn |
| Mar 31, 2022 | 288.00 Mn |
| Dec 31, 2021 | 102.00 Mn |
| Sep 30, 2021 | 88.00 Mn |
API Access
Alaska Air Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=ALK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "ALK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=ALK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();