Alaska Air (ALK) EV to FCF (2010 - 2026)
Alaska Air's EV to FCF was 4.33 in Q2 2026, up 40.0% from 3.09 a year earlier and up 69.8% from the prior quarter.
Alaska Air (ALK) EV to FCF (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Alaska Air's EV to FCF was -2.73 through Jun 30, 2026; for FY2025, it came in at 3.92, down 16.0% from FY2024.
- In earlier years, EV to FCF was 4.67 in FY2024 (+20.3%), 3.88 in FY2023 (+53.5%), 2.53 in FY2022 (-45.8%) and 4.67 in FY2021.
- The Q2 2026 figure marks the highest quarterly EV to FCF since Q4 2024.
- Compared with a year earlier, EV to FCF was higher in three of the last eight quarters, with growth averaging 22.9%.
- The best year-over-year quarter for EV to FCF over five years was Q3 2024 (growth of 173.4%); the worst was Q1 2023 (a decline of 70.0%).
- Per Business Quant data, ALK's EV to FCF in the three quarters before Q2 2026 was 2.55 (Q1 2026), 3.92 (Q4 2025) and 3.34 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn |
| 10 | Alaska Air | 4.32 Bn | -3.50 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.33 |
| Mar 31, 2026 | 2.55 |
| Dec 31, 2025 | 3.92 |
| Sep 30, 2025 | 3.34 |
| Jun 30, 2025 | 3.09 |
| Mar 31, 2025 | 2.65 |
| Dec 31, 2024 | 4.67 |
| Sep 30, 2024 | 3.68 |
| Jun 30, 2024 | 3.18 |
| Mar 31, 2024 | 3.26 |
| Dec 31, 2023 | 3.88 |
| Sep 30, 2023 | 1.35 |
| Jun 30, 2023 | 3.27 |
| Mar 31, 2023 | 2.22 |
| Dec 31, 2022 | 2.53 |
| Sep 30, 2022 | 3.71 |
| Jun 30, 2022 | 3.79 |
| Mar 31, 2022 | 7.41 |
| Dec 31, 2021 | 4.67 |
| Sep 30, 2021 | 12.09 |
Alaska Air EV to FCF 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=ev-to-fcf&ticker=ALK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=ALK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();