Company / Free Cash Flow
Alaska Air Group Free Cash Flow History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
-$444.0M
FY2023
5-year range
-$444.0M / $1.0B
FY2019-FY2023
Trend
-75.5%
vs FY2022
Sector context
#326 of 336
Industrials
What the data says
Among 336 Industrials companies, Alaska Air Group is in the bottom 3% for free cash flow. Free Cash Flow has fluctuated over the past 8 years, ranging from -$444M in FY2023 to $1.0B in FY2021.
Based on SEC 10-K filings.
-$444M in FY2023.
Declined from $1.0B to -$444M over the past 2 years.
Industrials sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 3% in IndustrialsTop 97% of 336This company -$444.0M Sector average $628.9M
▼
-170.6% below sector average
Key checks
Key Insights
- In FY2023, free cash flow decreased 75.5% year-over-year.
- Ranks #326 out of 336 companies in the Industrials sector.
- Peak free cash flow was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score 0.94 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | -$444.0M | -75.5% |
| FY2022 | -$253.0M | -124.7% |
| FY2021 | $1.0B | +336.6% |
| FY2020 | $235.0M | -77.1% |
| FY2019 | $1.0B | +336.6% |
| FY2018 | $235.0M | -58.3% |
| FY2017 | $564.0M | -20.3% |
| FY2016 | $708.0M | -6.0% |
As of FY2023 · SEC 10-K · Updated Jul 2, 2026