Alaska Air (ALK) Free Cash Flow (2009 - 2026)

Alaska Air's (ALK) quarterly Free Cash Flow came in at $113.0 million in Q1 2026, down 57.03% year-on-year from $263.0 million in Q1 2025, and down 39.89% on a QoQ basis from $188.0 million in Q4 2025.

Alaska Air (ALK) Free Cash Flow (2009 - 2026) Analysis & Trends

Alaska Air (ALK) has 18 years of Free Cash Flow data on file, last reported at $113.0 million in Q1 2026.

  • On a quarterly basis, Free Cash Flow fell 57.03% year-over-year to $113.0 million in Q1 2026; TTM through Mar 2026 was $883.0 million, a 33.38% increase from a year earlier, with the FY2025 full-year figure at $1.0 billion, up 59.66% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $113.0 million, down from $188.0 million in the prior quarter.
  • Over the last five years, Free Cash Flow for ALK reached as high as $489.0 million in Q4 2022 and fell as low as -$425.0 million in Q4 2024.
  • Historically, Free Cash Flow has averaged $226.8 million across 5 years, with a median of $248.0 million in 2024.
  • On a YoY basis, Free Cash Flow climbed as much as 2050.0% in 2024 and fell as far as 201.43% in 2024.
  • Year by year, Free Cash Flow stood at $489.0 million in 2022, then dropped by 14.31% to $419.0 million in 2023, then slumped by 201.43% to -$425.0 million in 2024, then soared by 144.24% to $188.0 million in 2025, then slumped by 39.89% to $113.0 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were $113.0 million in Q1 2026, $188.0 million in Q4 2025, and $138.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Latam Airlines 30,525.85 Bn 30,523.18 Bn 1.28 Mn 386,796.00
2 Ryanair Holdings 62.16 Bn 58.97 Bn - 540.24 Mn
3 Delta Air Lines 57.43 Bn 52.76 Bn 19.07 Bn -449.00 Mn
4 Southwest Airlines 22.79 Bn 19.00 Bn 7.33 Bn -288.00 Mn
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 9.15 Bn 8.32 Bn - 272.00 Mn
6 Copa Holdings 5.77 Bn 4.43 Bn 713.71 Mn -949.97 Mn
7 Alaska Air 5.50 Bn 3.73 Bn 3.20 Bn 113.00 Mn
8 Skywest 4.27 Bn 3.67 Bn 1.01 Bn 161.35 Mn
9 Jetblue Airways 2.08 Bn 1.67 Bn 1.87 Bn -6.00 Mn
10 Allegiant Travel 1.87 Bn 969.61 Mn 651.87 Mn 222.64 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 113.00 Mn
Mar 31, 2026 113.00 Mn
Dec 31, 2025 188.00 Mn
Dec 31, 2025 188.00 Mn
Sep 30, 2025 138.00 Mn
Sep 30, 2025 138.00 Mn
Jun 30, 2025 444.00 Mn
Jun 30, 2025 444.00 Mn
Mar 31, 2025 263.00 Mn
Mar 31, 2025 263.00 Mn
Dec 31, 2024 -425.00 Mn
Dec 31, 2024 -425.00 Mn
Sep 30, 2024 344.00 Mn
Sep 30, 2024 344.00 Mn
Jun 30, 2024 480.00 Mn
Jun 30, 2024 480.00 Mn
Mar 31, 2024 248.00 Mn
Mar 31, 2024 248.00 Mn
Dec 31, 2023 419.00 Mn
Dec 31, 2023 419.00 Mn