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| Date | Value |
|---|---|
| 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% |