Alaska Air (ALK) Invested Capital (2009 - 2026)
Alaska Air's (ALK) quarterly Invested Capital came in at $498.0 million in Q1 2026, down 4.05% year-on-year from $519.0 million in Q1 2025, and down 30.93% on a QoQ basis from $721.0 million in Q4 2025.
Alaska Air (ALK) Invested Capital (2009 - 2026) Analysis & Trends
Alaska Air (ALK) has 18 years of Invested Capital data on file, last reported at $498.0 million in Q1 2026.
- On a quarterly basis, Invested Capital fell 4.05% year-over-year to $498.0 million in Q1 2026; TTM through Mar 2026 was $2.2 billion, a 54.03% increase from a year earlier, with the FY2025 full-year figure at $721.0 million, up 1286.54% from the prior year.
- Invested Capital for Q1 2026 stood at $498.0 million, down from $721.0 million in the prior quarter.
- Over the last five years, Invested Capital for ALK reached as high as $736.0 million in Q3 2023 and fell as low as $52.0 million in Q4 2024.
- Historically, Invested Capital has averaged $416.9 million across 5 years, with a median of $359.0 million in 2024.
- Across the five-year window, Invested Capital sank 82.01% in 2024 and soared 1286.54% in 2025, its largest moves.
- Year by year, Invested Capital stood at $276.0 million in 2022, then increased by 4.71% to $289.0 million in 2023, then sank by 82.01% to $52.0 million in 2024, then surged by 1286.54% to $721.0 million in 2025, then plunged by 30.93% to $498.0 million in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $498.0 million in Q1 2026, $721.0 million in Q4 2025, and $519.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,699.69 Bn | 30,697.02 Bn | 1.28 Mn | - |
| 2 | Ryanair Holdings | 60.54 Bn | 57.35 Bn | - | - |
| 3 | Delta Air Lines | 56.51 Bn | 51.85 Bn | 19.07 Bn | 3.44 Bn |
| 4 | Southwest Airlines | 22.10 Bn | 18.31 Bn | 7.33 Bn | 2.16 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.95 Bn | 8.12 Bn | - | - |
| 6 | Copa Holdings | 5.64 Bn | 4.31 Bn | 713.71 Mn | 1.98 Bn |
| 7 | Alaska Air | 5.32 Bn | 3.56 Bn | 3.20 Bn | 498.00 Mn |
| 8 | Skywest | 4.30 Bn | 3.70 Bn | 1.01 Bn | 656.71 Mn |
| 9 | Jetblue Airways | 2.01 Bn | 1.60 Bn | 1.87 Bn | 8.49 Bn |
| 10 | Allegiant Travel | 1.81 Bn | 909.25 Mn | 651.87 Mn | 15.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 498.00 Mn |
| Dec 31, 2025 | 721.00 Mn |
| Sep 30, 2025 | 519.00 Mn |
| Jun 30, 2025 | 500.00 Mn |
| Mar 31, 2025 | 519.00 Mn |
| Dec 31, 2024 | 52.00 Mn |
| Sep 30, 2024 | 523.00 Mn |
| Jun 30, 2024 | 359.00 Mn |
| Mar 31, 2024 | 301.00 Mn |
| Dec 31, 2023 | 289.00 Mn |
| Sep 30, 2023 | 736.00 Mn |
| Jun 30, 2023 | 572.00 Mn |
| Mar 31, 2023 | 268.00 Mn |
| Dec 31, 2022 | 276.00 Mn |
| Sep 30, 2022 | 321.00 Mn |
| Jun 30, 2022 | 342.00 Mn |
| Mar 31, 2022 | 292.00 Mn |
| Dec 31, 2021 | 366.00 Mn |
| Sep 30, 2021 | 425.00 Mn |
| Jun 30, 2021 | 869.00 Mn |