EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Alaska Air Group's Enterprise Value is $10,902 Mil.
Alaska Air Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-477 Mil. Therefore, Alaska Air Group's EV-to-FCF for today is -22.85.
The historical rank and industry rank for Alaska Air Group's EV-to-FCF or its related term are showing as below:
ALK'
s EV-to-FCF Range Over the Past 10 Years
Min: -1489.04 Med: 12.44 Max: 97.76
Current: -22.85
During the past 13 years, the highest EV-to-FCF of Alaska Air Group was 97.76. The lowest was -1489.04. And the median was 12.44.
ALK's EV-to-FCF is ranked worse than 100% of 674
companies
in the Transportation industry
Industry Median: 14.135
vs ALK: -22.85
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Alaska Air Group's PE Ratio (TTM) for today is calculated as:
Alaska Air Group's share price for today is $53.86.
Alaska Air Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.530.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Alaska Air Group EV-to-FCF Related Terms
Alaska Air Group EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Alaska Air Group's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Airlines subindustry, Alaska Air Group's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Alaska Air Group EV-to-FCF vs Transportation Industry
For the Transportation industry and Industrials sector, Alaska Air Group's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Alaska Air Group's EV-to-FCF falls into.
Alaska Air Group's current Enterprise Value is $10,902 Mil.
Alaska Air Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-477 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Alaska Air Group (ALK) has a EV-to-FCF of -22.85 as of Jun. 28, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Alaska Air Group and its competitors. According to the industry distribution chart, Alaska Air Group ranks #999999 out of 674 companies in the Transportation industry.
Is Alaska Air Group's EV-to-FCF too high?
Alaska Air Group's current EV-to-FCF is -22.85. Based on the distribution chart, Alaska Air Group ranks #999999 out of 674 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Alaska Air Group has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alaska Air Group's EV-to-FCF compare to CPA and SKYW?
According to the Transportation industry distribution chart, Alaska Air Group ranks #999999 out of 674 companies for EV-to-FCF. This places Alaska Air Group in the lower half of its industry. The industry median EV-to-FCF is 14.14. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Transportation company?
The median EV-to-FCF among Transportation companies is 14.14, based on 674 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Alaska Air Group and its competitors. For the Transportation industry, the median EV-to-FCF is 14.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alaska Air Group's current EV-to-FCF is -22.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alaska Air Group stock overvalued right now?
Based on GuruFocus' analysis, Alaska Air Group (ALK) is currently considered Modestly Undervalued. The stock's GF Value™ is $63.00, compared to a current price of $53.86 — trading 14.5% below its estimated fair value. The current EV-to-FCF is -22.85. Alaska Air Group's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Alaska Air Group (ALK), the current EV-to-FCF is -22.85 as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Alaska Air Group (ALK) Overvalued in 2026?
Based on GuruFocus' analysis, Alaska Air Group stock appears to be undervalued.
The current stock price of $53.86 is trading 14.5% below its estimated GF Value™ of $63.00.
GuruFocus considers Alaska Air Group to be Modestly Undervalued.
Key valuation signals for ALK:
EV-to-FCF: -22.85
GF Value™: $63.00 vs. price of $53.86 (14.5% below fair value)
No single metric tells the full story. See the ALK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alaska Air Group Inc operates two airlines, Alaska and Horizon, in three operating segments. The Alaska Airlines segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements. The Hawaiian Airlines segment includes scheduled air transportation on Hawaiian's Boeing and Airbus aircraft for passengers and cargo. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary, and Mileage Plan passenger revenue.
81GF Score
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