Latest period
$1.69B
YoY change
+24.0%
5Y CAGR
+50.5%
Peak year (2022)
$1.67B
Cumulative CapEx
$20.80B
CapEx history chart for Alaska Air Group (ALK) from 1989 to 2025
Latest: $1.59B
CapEx growth chart for Alaska Air Group (ALK) from 1989 to 2025
Latest: +24.0%
CapEx history table for Alaska Air Group (ALK) from 1989 to 2025
| 2025 | $1.59B | +24.0% | +$307.00M | ||
| 2024 | $1.28B | -14.3% | −$213.00M | ||
| 2023 | $1.49B | -10.6% | −$177.00M | ||
| 2022 | $1.67B | +472.3% | +$1.38B | ||
| 2021 | $292.00M | +41.7% | +$86.00M | ||
| 2020 | $206.00M | -70.4% | −$490.00M | ||
| 2019 | $696.00M | -27.5% | −$264.00M | ||
| 2018 | $960.00M | -6.4% | −$66.00M | ||
| 2017 | $1.03B | +51.3% | +$348.00M | ||
| 2016 | $678.00M | -18.4% | −$153.00M | ||
| 2015 | $831.00M | +19.7% | +$137.00M | ||
| 2014 | $694.00M | +22.6% | +$128.00M | ||
| 2013 | $566.00M | -1.4% | −$8.00M | ||
| 2012 | $574.00M | +48.2% | +$186.60M | ||
| 2011 | $387.40M | +111.7% | +$204.40M | ||
| 2010 | $183.00M | -58.3% | −$255.40M | ||
| 2009 | $438.40M | +6.2% | +$25.60M | ||
| 2008 | $412.80M | -50.5% | −$421.60M | ||
| 2007 | $834.40M | +22.3% | +$152.30M | ||
| 2006 | $682.10M | +58.3% | +$251.10M | ||
| 2005 | $431.00M | +116.5% | +$231.90M | ||
| 2004 | $199.10M | -46.1% | −$170.10M | ||
| 2003 | $369.20M | +83.8% | +$168.30M | ||
| 2002 | $200.90M | -47.6% | −$182.60M | ||
| 2001 | $383.50M | -14.5% | −$65.10M | ||
| 2000 | $448.60M | -20.6% | −$116.40M | ||
| 1999 | $565.00M | -7.9% | −$48.40M | ||
| 1998 | $613.40M | +39.7% | +$174.40M | ||
| 1997 | $439.00M | +62.7% | +$169.20M | ||
| 1996 | $269.80M | +161.2% | +$166.50M | ||
| 1995 | $103.30M | -45.2% | −$85.33M | ||
| 1994 | $188.63M | +537.3% | +$159.03M | ||
| 1993 | $29.60M | -89.3% | −$248.30M | ||
| 1992 | $277.90M | +92.9% | +$133.80M | ||
| 1991 | $144.10M | -26.6% | −$52.20M | ||
| 1990 | $196.30M | +80.1% | +$87.30M | ||
| 1989 | $109.00M | — | — |
- 2025$1.59B+24.0%
- 2024$1.28B-14.3%
- 2023$1.49B-10.6%
- 2022$1.67B+472.3%
- 2021$292.00M+41.7%
- 2020$206.00M-70.4%
- 2019$696.00M-27.5%
- 2018$960.00M-6.4%
- 2017$1.03B+51.3%
- 2016$678.00M-18.4%
- 2015$831.00M+19.7%
- 2014$694.00M+22.6%
- 2013$566.00M-1.4%
- 2012$574.00M+48.2%
- 2011$387.40M+111.7%
- 2010$183.00M-58.3%
- 2009$438.40M+6.2%
- 2008$412.80M-50.5%
- 2007$834.40M+22.3%
- 2006$682.10M+58.3%
- 2005$431.00M+116.5%
- 2004$199.10M-46.1%
- 2003$369.20M+83.8%
- 2002$200.90M-47.6%
- 2001$383.50M-14.5%
- 2000$448.60M-20.6%
- 1999$565.00M-7.9%
- 1998$613.40M+39.7%
- 1997$439.00M+62.7%
- 1996$269.80M+161.2%
- 1995$103.30M-45.2%
- 1994$188.63M+537.3%
- 1993$29.60M-89.3%
- 1992$277.90M+92.9%
- 1991$144.10M-26.6%
- 1990$196.30M+80.1%
- 1989$109.00M—
CapEx values are taken from Alaska Air Group's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Alaska Air Group (ALK)
According to Alaska Air Group's latest reported financial statements, the company's current CapEx (TTM) is $1.69B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Alaska Air Group (ALK) reported CapEx of $1.59B – grew 24.0% year-over-year.
Alaska Air Group CapEx compound annual growth for the 2020–2025 (5 years) window is +50.5%, with mixed annual results across the window.
Between 2022 and 2025, Alaska Air Group CapEx edged down 5.0%, falling from $1.67B to $1.59B.
2022 marks the peak CapEx at $1.67B, with the historical low of $29.60M recorded in 1993.
Alaska Air Group Capital Expenditures by Year
Alaska Air Group Capital Expenditures 2025: $1.59B
Alaska Air Group posted CapEx of $1.59B in 2025, grew 24.0% from 2024.
Alaska Air Group Capital Expenditures 2024: $1.28B
In 2024, Alaska Air Group reported CapEx of $1.28B, declined 14.3% below 2023.
Alaska Air Group Capital Expenditures 2023: $1.49B
Alaska Air Group CapEx in 2023 was $1.49B, declined 10.6% below 2022.
Alaska Air Group Capital Expenditures 2022: $1.67B
2022's CapEx for Alaska Air Group came in at $1.67B, surged 472.3% from 2021. This figure represents the highest annual value in the available history.
Alaska Air Group Capital Expenditures 2021: $292.00M
Alaska Air Group CapEx in 2021 was $292.00M.
See more financial history for Alaska Air Group (ALK).
Sector peers by CapEx
Industrials peers of Alaska Air Group (ALK), ranked by their latest CapEx
| $20.74B | |
| $4.23B | |
| $3.79B | |
| $2.94B | |
| $2.63B | |
| $1.47B | |
| $1.27B | |
| $0.00 |
- $20.74B
- $4.23B
- $3.79B
- $2.94B
- $2.63B
- $1.47B
- $1.27B
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