KPIs & Operating Metrics(New)
Growth Metrics

Alaska Air (ALK) Invested Capital (2016 - 2025)

Alaska Air (ALK) has disclosed Invested Capital for 17 consecutive years, with $4.8 billion as the latest value for Q4 2025.

  • On a quarterly basis, Invested Capital fell 48.0% to $4.8 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $4.8 billion, a 48.0% decrease, with the full-year FY2025 number at $4.8 billion, down 48.0% from a year prior.
  • Invested Capital was $4.8 billion for Q4 2025 at Alaska Air, up from $4.5 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $9.3 billion in Q4 2024 to a low of $4.5 billion in Q3 2025.
  • A 5-year average of $6.5 billion and a median of $6.3 billion in 2021 define the central range for Invested Capital.
  • Peak YoY movement for Invested Capital: surged 61.72% in 2021, then tumbled 50.04% in 2025.
  • Alaska Air's Invested Capital stood at $6.3 billion in 2021, then dropped by 5.76% to $6.0 billion in 2022, then grew by 10.19% to $6.6 billion in 2023, then soared by 41.33% to $9.3 billion in 2024, then tumbled by 48.0% to $4.8 billion in 2025.
  • Per Business Quant, the three most recent readings for ALK's Invested Capital are $4.8 billion (Q4 2025), $4.5 billion (Q3 2025), and $8.9 billion (Q2 2025).