Alaska Air ALK
NYSE ALK
$41.92 +0.02 (+0.05%)
At close: Sep 22, 2026 · 4:00 PM EDT

Alaska Air (ALK) Invested Capital (2009 - 2026)

Alaska Air's (ALK) quarterly Invested Capital came in at $10.2 billion in Q2 2026, up 8.31% year-over-year from $9.4 billion in Q2 2025, and up 9.26% quarter-over-quarter from $9.3 billion in Q1 2026.

Analysis

Alaska Air (ALK) Invested Capital (2009 - 2026) Analysis & Trends

Alaska Air (ALK) has reported Invested Capital for 18 consecutive years, with $10.2 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Invested Capital rose 8.31% year-over-year to $10.2 billion in Q2 2026; TTM through Jun 2026 was $10.2 billion, a 8.31% increase from a year earlier, with the FY2025 full-year figure at $10.1 billion, up 4.03% from the prior year.
  • Invested Capital was $10.2 billion for Q2 2026 at Alaska Air, up from $9.3 billion in the prior quarter.
  • Over five years, Invested Capital peaked at $10.2 billion in Q2 2026 and troughed at $6.0 billion in Q1 2023.
  • A 5-year average of $8.0 billion and a median of $7.2 billion in 2023 frame the typical range for Invested Capital.
  • Across the five-year window, Invested Capital slipped 18.11% in 2022 and jumped 41.93% in 2024, its largest moves.
  • Over 5 years, Invested Capital stood at $6.3 billion in 2022, then gained by 9.95% to $6.9 billion in 2023, then surged by 41.93% to $9.8 billion in 2024, then gained by 4.03% to $10.1 billion in 2025, then advanced by 0.22% to $10.2 billion in 2026.
  • The last three Invested Capital figures came in at $10.2 billion (Q2 2026), $9.3 billion (Q1 2026), and $10.1 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Delta Air Lines 55.19 Bn 50.52 Bn 19.07 Bn 39.26 Bn
2 Ryanair Holdings 29.15 Bn 25.22 Bn - 11.06 Bn
3 Southwest Airlines 20.59 Bn 16.79 Bn 7.33 Bn 13.03 Bn
4 Copa Holdings 5.56 Bn 4.30 Bn 1.03 Bn 5.14 Bn
5 Alaska Air 4.68 Bn 2.01 Bn 3.76 Bn 10.17 Bn
6 Skywest 3.93 Bn 3.33 Bn 1.01 Bn 5.07 Bn
7 Grupo Aeromexico, S.A.B. de C.V 2.39 Bn 1.35 Bn - -169.00 Mn
8 Allegiant Travel 2.23 Bn 1.18 Bn 902.77 Mn 4.88 Bn
9 Jetblue Airways 1.72 Bn -304.65 Mn 2.32 Bn 10.54 Bn
10 Frontier Group Holdings 1.43 Bn 472.23 Mn - 853.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 10.17 Bn
Mar 31, 2026 9.31 Bn
Dec 31, 2025 10.15 Bn
Sep 30, 2025 9.56 Bn
Jun 30, 2025 9.39 Bn
Mar 31, 2025 9.47 Bn
Dec 31, 2024 9.76 Bn
Sep 30, 2024 9.63 Bn
Jun 30, 2024 7.26 Bn
Mar 31, 2024 6.84 Bn
Dec 31, 2023 6.87 Bn
Sep 30, 2023 7.24 Bn
Jun 30, 2023 6.67 Bn
Mar 31, 2023 6.02 Bn
Dec 31, 2022 6.25 Bn
Sep 30, 2022 6.36 Bn
Jun 30, 2022 6.44 Bn
Mar 31, 2022 6.30 Bn
Dec 31, 2021 6.71 Bn
Sep 30, 2021 6.61 Bn
API Access

Alaska Air Invested Capital 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=invested-capital&ticker=ALK&period=max&api_key=YOUR_API_KEY