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
DateValue
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