Alaska Air Group Cash Flow Statement
NYSE: ALKConsumer DiscretionaryAir Freight/Delivery ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Alaska Air Group free cash flow
In fiscal 2025, Alaska Air Group generated $1.25 billion of operating cash flow and spent $309.0 million on capital expenditures. That left free cash flow of $940.0 million, a free-cash-flow margin of 6.6% of revenue. Free cash flow was down 19.7% from the prior year's $1.17 billion.
Alaska Air Group returned $570.0 million to shareholders through share repurchases, equal to 61% of free cash flow.
Summary generated from market data by MetaCap's automated system. Methodology
Alaska Air Group cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 100.00M | 395.00M | 235.00M | 58.00M | 478.00M | -1.32B | 769.00M | 437.00M | 960.00M | 797.00M |
| Net Income growth (YoY) | -74.68% | +68.09% | +305.17% | -87.87% | — | -272.17% | +75.97% | -54.48% | +20.45% | -6.01% |
| Depreciation & Amortization | 795.00M | 583.00M | 451.00M | 415.00M | 394.00M | 420.00M | 423.00M | 398.00M | 372.00M | 363.00M |
| Stock-Based Compensation | 10.00M | 63.00M | 85.00M | 42.00M | 51.00M | 24.00M | 29.00M | 47.00M | 55.00M | 26.00M |
| Change in Working Capital | -27.00M | -65.00M | -63.00M | -28.00M | 21.00M | 5.00M | 155.00M | -43.00M | 6.00M | 107.00M |
| Operating Cash Flow | 1.25B | 1.46B | 1.05B | 1.42B | 1.03B | -234.00M | 1.72B | 1.20B | 1.59B | 1.39B |
| Capital Expenditures | -309.00M | -293.00M | -1.49B | -1.67B | -292.00M | -222.00M | -696.00M | -960.00M | -1.03B | -678.00M |
| Investing Cash Flow | -1.62B | -634.00M | -964.00M | -1.22B | -1.01B | -593.00M | -791.00M | -631.00M | -1.13B | -2.62B |
| Dividends Paid | — | — | — | 0 | 0 | -45.00M | -173.00M | -158.00M | -148.00M | -136.00M |
| Share Repurchases | -570.00M | -312.00M | -137.00M | 0 | 0 | -31.00M | -75.00M | -50.00M | -75.00M | -193.00M |
| Debt Issued | 808.00M | 2.31B | 411.00M | 0 | 363.00M | 2.56B | 450.00M | 339.00M | 0 | 2.04B |
| Debt Repaid | -519.00M | -1.92B | -282.00M | -385.00M | -1.33B | -565.00M | -1.06B | -807.00M | -397.00M | -249.00M |
| Financing Cash Flow | -199.00M | 119.00M | -147.00M | -325.00M | -914.00M | 1.98B | -813.00M | -647.00M | -592.00M | 1.49B |
| Net Change in Cash | -573.00M | 949.00M | -61.00M | -125.00M | -892.00M | 1.15B | 118.00M | -83.00M | -134.00M | 255.00M |
| Free Cash Flow | 940.00M | 1.17B | -444.00M | -253.00M | 738.00M | -456.00M | 1.03B | 235.00M | 564.00M | 708.00M |
This table shows 10 annual periods of Alaska Air Group's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow ALK's reporting calendar. What is a cash flow statement?