Buyback yield (TTM)
15.65%
Shareholder yield (TTM)
15.65%
5Y share count change
-4.9%
Buyback spend (TTM)
$658.00M
Cumulative buybacks
$2.89B
Key takeaways
- Alaska Air Group (ALK) repurchased about $658.00M of stock over the trailing twelve months.
- Diluted share count is down 4.9% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 10.44× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +79.0% per year over the latest 5-year window.
Dividend & buyback yield over time for Alaska Air Group (ALK)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Alaska Air Group (ALK)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Alaska Air Group (ALK)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Alaska Air Group (ALK)
Latest: $570.00M
Overview
The 2025 reading of Alaska Air Group (ALK) buyback spend is $570.00M – surged 82.7% year-over-year.
Over 2020–2025 (5 years), Alaska Air Group buyback spend expanded at a +79.0% compound annual rate, sustaining 3 straight years of year-over-year growth.
The highest annual buyback spend of $570.00M was reported in 2025. The lowest in the available history was $0.00 in 1992.
Alaska Air Group Buyback Spend 2025: $570.00M
2025's buyback spend for Alaska Air Group came in at $570.00M, surged 82.7% from 2024. This figure represents the highest annual value in the available history.
Alaska Air Group Buyback Spend 2024: $312.00M
Alaska Air Group posted buyback spend of $312.00M in 2024, surged 127.7% from 2023.
Alaska Air Group Buyback Spend 2023: $137.00M
Alaska Air Group buyback spend in 2023 was $137.00M.
Alaska Air Group Buyback Spend 2022: $0.00
Alaska Air Group buyback spend in 2022 was $0.00.
Alaska Air Group Buyback Spend 2021: $0.00
Alaska Air Group buyback spend in 2021 was $0.00.
See more financial history for Alaska Air Group (ALK).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $570.00M | $10.00M | $560.00M | 9.81% | 0.12B | -8.6% | |
| 2024 | $312.00M | $63.00M | $249.00M | 3.82% | 0.13B | -0.3% | |
| 2023 | $137.00M | $59.00M | $78.00M | 2.75% | 0.13B | +0.6% | |
| 2022 | $0.00 | $35.00M | −$35.00M | — | 0.13B | +0.9% | |
| 2021 | $0.00 | $51.00M | −$51.00M | — | 0.13B | +2.7% | |
| 2020 | $31.00M | $24.00M | $7.00M | 0.48% | 0.12B | -0.7% | |
| 2019 | $75.00M | $29.00M | $46.00M | 0.90% | 0.12B | +0.3% | |
| 2018 | $50.00M | $47.00M | $3.00M | 0.67% | 0.12B | +0.1% | |
| 2017 | $75.00M | $55.00M | $20.00M | 0.83% | 0.12B | -0.4% | |
| 2016 | $193.00M | $26.00M | $167.00M | 1.76% | 0.12B | -3.9% | |
| 2015 | $505.00M | $25.00M | $480.00M | 4.98% | 0.13B | -5.4% | |
| 2014 | $348.00M | $6.00M | $342.00M | 4.40% | 0.14B | -3.6% | |
| 2013 | $159.00M | $32.00M | $127.00M | 3.13% | 0.14B | -1.2% | |
| 2012 | $60.00M | $10.00M | $50.00M | 1.96% | 0.14B | -2.2% | |
| 2011 | $80.00M | $16.50M | $63.50M | 2.99% | 0.15B | -0.2% | |
| 2010 | $45.00M | $13.70M | $31.30M | 2.21% | 0.15B | +1.7% | |
| 2009 | $23.80M | $11.90M | $11.90M | 1.93% | 0.14B | -0.5% | |
| 2008 | $48.90M | $13.40M | $35.50M | 4.62% | 0.15B | -10.1% | |
| 2007 | $62.80M | $0.00 | $62.80M | 6.78% | 0.16B | +6.5% | |
| 2006 | $0.00 | $8.20M | −$8.20M | — | 0.15B | +13.2% | |
| 2005 | $0.00 | $0.00 | $0.00 | — | 0.13B | +24.8% | |
| 2004 | $0.00 | $18.60M | −$18.60M | — | 0.11B | +0.5% | |
| 2003 | $0.00 | $52.80M | −$52.80M | — | 0.11B | +0.7% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 0.11B | +0.2% | |
| 2001 | $0.00 | $9.80M | −$9.80M | — | 0.11B | +0.2% | |
| 2000 | $0.00 | $0.00 | $0.00 | — | 0.11B | -0.3% | |
| 1999 | $0.00 | $0.00 | $0.00 | — | 0.11B | +0.5% | |
| 1998 | $0.00 | $0.00 | $0.00 | — | 0.11B | +28.6% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 0.08B | +41.1% | |
| 1996 | $0.00 | $0.00 | $0.00 | — | 0.06B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $33.40M | $0.00 | $33.40M | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $200.00K | $0.00 | $200.00K | — | — | — | |
| 1990 | $73.80M | $0.00 | $73.80M | — | — | — | |
| 1989 | $5.00M | $0.00 | $5.00M | — | — | — |
- 2025$570.00M
- 2024$312.00M
- 2023$137.00M
- 2022$0.00
- 2021$0.00
- 2020$31.00M
- 2019$75.00M
- 2018$50.00M
- 2017$75.00M
- 2016$193.00M
- 2015$505.00M
- 2014$348.00M
- 2013$159.00M
- 2012$60.00M
- 2011$80.00M
- 2010$45.00M
- 2009$23.80M
- 2008$48.90M
- 2007$62.80M
- 2006$0.00
- 2005$0.00
- 2004$0.00
- 2003$0.00
- 2002$0.00
- 2001$0.00
- 2000$0.00
- 1999$0.00
- 1998$0.00
- 1997$0.00
- 1996$0.00
- 1995$0.00
- 1994$0.00
- 1993$33.40M
- 1992$0.00
- 1991$200.00K
- 1990$73.80M
- 1989$5.00M
Buybacks vs stock-based compensation for Alaska Air Group (ALK)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 10.44×.
Buybacks vs dividends (share of cash returned) for Alaska Air Group (ALK)
How Alaska Air Group splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Alaska Air Group, ranked by their latest buyback spend.
| $7.55B | |
| $5.19B | |
| $2.68B | |
| $1.86B | |
| $1.14B | |
| $1.13B | |
| $50.00M | |
| $0.00 |
- $7.55B
- $5.19B
- $2.68B
- $1.86B
- $1.14B
- $1.13B
- $50.00M
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $0.00 (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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