Alaska Air price to free cash flow ALK

Market value divided by free cash flow over the last twelve months, since 2011.

Today, Oct 23, 2026: 5.3×
10-year median: 13.0×
Against its 10-year history: 12th; percentile: 0 is its lowest day, 100 its highest
10-year range: 2.8× to 95.7×
Peer median: 12.5×

Alaska Air's price to free cash flow is 5.3× as of Oct 23, 2026.

That is below its ten-year median of 13.0×, lower than on 88% of days in the last ten years.

Over that time it ranged from 2.8× in Mar 2020 to 95.7× in Feb 2021.

The median for 5 airline and airport stocks of a similar size is 12.5×.

Price to free cash flow over time

median 13×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	5.3×	4.4×	7.6×
2025	5.8×	4.2×	22.3×
2024	19.3×	15.0×	72.2×
2023	12.9×	11.7×	13.9×
2022	11.1×	8.3×	19.8×
2021	18.2×	17.0×	95.7×
2020	76.6×	2.8×	77.9×
2019	12.8×	11.3×	32.7×
2018	15.5×	13.3×	29.3×
2017	17.2×	11.4×	20.9×
2016	12.3×	7.5×	16.3×
2015	18.0×	17.0×	28.4×
2014	24.4×	13.4×	24.4×
2013	13.4×	10.9×	25.1×
2012	15.2×	7.9×	15.8×
2011	10.6×	6.9×	10.7×

Against its peers

Companies in Airlines, Airports & Air Services nearest Alaska Air's size, closest first, today.

Company	Price to free cash flow
ALKAlaska Air	5.3×
SKYWSkywest	4.0×
ALGTAllegiant Travel CO	15.9×
VTOLBristow	n/m
LUVSouthwest Airlines	n/m
UALUnited Airlines	12.5×
Peer median	12.5×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Alaska Air

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.