Operating CF
$1.21B
Capex
−$1.69B
Free Cash Flow
−$477.00M
FCF Margin
-39.4%
Cash flow waterfall for Alaska Air Group (ALK) — TTM through Q1 2026
Free cash flow: −$477.00M
Note: Other Investing is large — driven mainly by purchases or sales of investments.
Cash flow breakdown for Alaska Air Group (ALK) — TTM through Q1 2026
| Line item | Amount | Running total |
|---|---|---|
| Operating Cash Flow | $1.21B | $1.21B |
| Capital Expenditure | −$1.69B | −$477.00M |
| Free Cash Flow | −$477.00M | −$477.00M |
| Other Investing | $277.00M | −$200.00M |
| Share Buybacks | −$658.00M | −$858.00M |
| Net Debt Change | $215.00M | −$643.00M |
| Other Financing & FX | $56.00M | −$587.00M |
| Net Cash Decrease | −$587.00M | −$587.00M |
- Operating Cash Flow$1.21B
- Capital Expenditure−$1.69B
- Free Cash Flow−$477.00M
- Other Investing$277.00M
- Share Buybacks−$658.00M
- Net Debt Change$215.00M
- Other Financing & FX$56.00M
- Net Cash Decrease−$587.00M
Want to see what drove the FCF change?Free Cash Flow Bridge
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