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.
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 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
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=ALK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();