Alaska Air Group, Inc. (FRA:ALK)

Alaska Air Group Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	150	395	235	58	478	-1,324
Depreciation & Amortization	739	536	426	398	394	420
Other Amortization	47	47	25	17	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-10	847
Stock-Based Compensation	-1	63	85	42	51	24
Other Operating Activities	-22	-70	422	496	-1	-
Change in Accounts Receivable	-69	-128	-19	-45	-69	-168
Change in Unearned Revenue	301	179	62	156	171	461
Change in Income Taxes	-	-	-	295	3	8
Change in Other Net Operating Assets	148	307	-267	-21	-91	-202
Operating Cash Flow	1,338	1,464	1,050	1,418	1,030	-234
Operating Cash Flow Growth	17.68%	39.43%	-25.95%	37.67%	-	-
Capital Expenditures	-1,392	-1,281	-1,494	-1,671	-292	-222
Sale of Property, Plant & Equipment	-	-	-	-	2	279
Cash Acquisitions	-	-659	-	-	-	-
Investment in Securities	12	929	616	455	-706	-644
Other Investing Activities	186	377	-86	-2	-12	-6
Investing Cash Flow	-1,194	-634	-964	-1,218	-1,008	-593
Long-Term Debt Issued	-	2,310	411	-	363	2,564
Long-Term Debt Repaid	-	-1,915	-282	-385	-1,334	-565
Net Debt Issued (Repaid)	319	395	129	-385	-971	1,999
Repurchase of Common Stock	-789	-312	-137	-	-	-31
Common Dividends Paid	-	-	-	-	-	-45
Other Financing Activities	92	36	-139	60	57	58
Financing Cash Flow	-378	119	-147	-325	-914	1,981
Net Cash Flow	-234	949	-61	-125	-892	1,154
Free Cash Flow	-54	183	-444	-253	738	-456
Free Cash Flow Margin	-0.38%	1.56%	-4.26%	-2.62%	11.95%	-12.79%
Free Cash Flow Per Share	-0.44	1.43	-3.45	-1.98	5.82	-3.69
Cash Interest Paid	218	148	105	71	109	50
Cash Income Tax Paid	20	22	15	-	48	-
Levered Free Cash Flow	132.25	1,001	-845.5	-4.5	264.25	-1,266
Unlevered Free Cash Flow	269.13	1,090	-786.75	54.25	337.38	-1,211
Change in Working Capital	425	493	-143	407	118	-201

Source: S&P Global Market Intelligence. Standard template. Financial Sources.