Alaska Air (ALK) Return on Capital Employed (2010 - 2026)

Alaska Air's (ALK) quarterly Return on Capital Employed came in at 1.66% in Q1 2026, down 245.0% year-on-year from 1.15% in Q1 2025, and down 25.28% on a QoQ basis from 2.23% in Q4 2025.

Alaska Air (ALK) Return on Capital Employed (2010 - 2026) Analysis & Trends

Alaska Air (ALK) has 17 years of Return on Capital Employed data on file, last reported at 1.66% in Q1 2026.

  • On a quarterly basis, Return on Capital Employed fell 245.0% year-over-year to 1.66% in Q1 2026; TTM through Mar 2026 was 1.66%, a 245.0% decrease from a year earlier, with the FY2025 full-year figure at 2.25%, down 291.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 1.66%, down from 2.23% in the prior quarter.
  • Over the last five years, Return on Capital Employed for ALK reached as high as 35.95% in Q3 2024 and fell as low as 0.71% in Q4 2022.
  • Historically, Return on Capital Employed has averaged 5.62% across 5 years, with a median of 3.76% in 2025.
  • Across the five-year window, Return on Capital Employed soared 3207 bps in 2024 and plunged 3368 bps in 2025, its largest moves.
  • Year by year, Return on Capital Employed stood at 0.71% in 2022, then soared by 432 bps to 3.78% in 2023, then surged by 298 bps to 15.05% in 2024, then sank by 85 bps to 2.23% in 2025, then dropped by 25 bps to 1.66% in 2026.
  • Per Business Quant data, the three most recent Return on Capital Employed figures were 1.66% in Q1 2026, 2.23% in Q4 2025, and 2.26% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Latam Airlines 30,820.50 Bn 30,817.83 Bn 1.28 Mn 6,481.60%
2 Ryanair Holdings 60.62 Bn 57.43 Bn - 18.34%
3 Delta Air Lines 56.47 Bn 51.80 Bn 19.07 Bn 10.65%
4 Southwest Airlines 22.19 Bn 18.40 Bn 7.33 Bn 6.32%
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.95 Bn 8.12 Bn - -6.79%
6 Copa Holdings 5.72 Bn 4.39 Bn 713.71 Mn 16.15%
7 Alaska Air 5.41 Bn 3.64 Bn 3.20 Bn 1.66%
8 Skywest 4.36 Bn 3.75 Bn 1.01 Bn 10.54%
9 Jetblue Airways 2.00 Bn 1.59 Bn 1.87 Bn -3.55%
10 Allegiant Travel 1.82 Bn 915.81 Mn 651.87 Mn 1.70%

Historic Data

Download Data
DateValue
Mar 31, 2026 1.66%
Dec 31, 2025 2.23%
Sep 30, 2025 2.26%
Jun 30, 2025 3.76%
Mar 31, 2025 4.12%
Dec 31, 2024 15.05%
Sep 30, 2024 35.95%
Jun 30, 2024 3.95%
Mar 31, 2024 4.19%
Dec 31, 2023 3.78%
Sep 30, 2023 3.88%
Jun 30, 2023 2.51%
Mar 31, 2023 0.92%
Dec 31, 2022 0.71%
Sep 30, 2022 0.86%
Jun 30, 2022 2.94%
Mar 31, 2022 6.77%
Dec 31, 2021 6.90%
Sep 30, 2021 0.50%
Jun 30, 2021 -8.09%