ALG vs. LMT
ALG (Alamo Group Inc.) and LMT (Lockheed Martin Corporation) are both stocks. Both are in the Industrials sector — ALG in Farm & Heavy Construction Machinery, LMT in Aerospace & Defense. Over the past 10 years, ALG returned 10.74%/yr vs 10.59%/yr for LMT. At a 0.18 correlation, their price movements are largely independent.
Performance
ALG vs. LMT - Performance Comparison
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Returns By Period
In the year-to-date period, ALG achieves a -4.89% return, which is significantly lower than LMT's 5.37% return. Both investments have delivered pretty close results over the past 10 years, with ALG having a 10.74% annualized return and LMT not far behind at 10.59%.
ALG
- 1D
- -1.22%
- 1M
- 6.04%
- YTD
- -4.89%
- 6M
- -8.02%
- 1Y
- -24.55%
- 3Y*
- -3.71%
- 5Y*
- 1.46%
- 10Y*
- 10.74%
LMT
- 1D
- 2.04%
- 1M
- -4.93%
- YTD
- 5.37%
- 6M
- 5.61%
- 1Y
- 9.48%
- 3Y*
- 5.92%
- 5Y*
- 8.82%
- 10Y*
- 10.59%
ALG vs. LMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALG Alamo Group Inc. | -4.89% | -9.12% | -11.07% | 49.19% | -3.27% | 7.09% | 10.41% | 63.18% | -31.19% | 49.01% |
LMT Lockheed Martin Corporation | 5.37% | 2.47% | 10.02% | -4.31% | 40.48% | 3.15% | -6.49% | 52.55% | -16.35% | 31.77% |
Correlation
The correlation between ALG and LMT is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 1993 | 0.18 |
The correlation between ALG and LMT shifts across timeframes, from 0.14 (3 years) to 0.27 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
ALG:
$1.93B
LMT:
$116.40B
ALG:
$8.37
LMT:
$20.61
ALG:
19.01
LMT:
24.43
ALG:
1.18
LMT:
1.56
ALG:
1.64
LMT:
15.54
ALG:
$1.63B
LMT:
$75.12B
ALG:
$399.78M
LMT:
$7.37B
ALG:
$232.00M
LMT:
$8.09B
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Return for Risk
ALG vs. LMT — Risk / Return Rank
ALG
LMT
ALG vs. LMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alamo Group Inc. (ALG) and Lockheed Martin Corporation (LMT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ALG | LMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.61 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 1.09 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | 0.36 | -1.04 |
| Martin ratioReturn relative to average drawdown | -1.11 | 0.86 | -1.97 |
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Drawdowns
ALG vs. LMT - Drawdown Comparison
The maximum ALG drawdown since its inception was -69.23%, smaller than the maximum LMT drawdown of -79.29%. Use the drawdown chart below to compare losses from any high point for ALG and LMT.
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Drawdown Indicators
| ALG | LMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.23% | -79.29% | +10.06% |
Max Drawdown (1Y)Largest decline over 1 year | -36.30% | -26.58% | -9.72% |
Max Drawdown (3Y)Largest decline over 3 years | -36.30% | -31.79% | -4.51% |
Max Drawdown (5Y)Largest decline over 5 years | -36.30% | -31.79% | -4.51% |
Max Drawdown (10Y)Largest decline over 10 years | -42.47% | -36.67% | -5.80% |
Current DrawdownCurrent decline from peak | -31.19% | -25.08% | -6.11% |
Average DrawdownAverage peak-to-trough decline | -19.65% | -26.83% | +7.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.09% | 11.05% | +11.04% |
Volatility
ALG vs. LMT - Volatility Comparison
The current volatility for Alamo Group Inc. (ALG) is 6.67%, while Lockheed Martin Corporation (LMT) has a volatility of 9.07%. This indicates that ALG experiences smaller price fluctuations and is considered to be less risky than LMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALG | LMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.67% | 9.07% | -2.40% |
Volatility (6M)Calculated over the trailing 6-month period | 27.20% | 20.81% | +6.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.62% | 26.50% | +5.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.49% | 23.14% | +6.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.17% | 23.85% | +7.32% |
Dividends
ALG vs. LMT - Dividend Comparison
ALG's dividend yield for the trailing twelve months is around 0.80%, less than LMT's 2.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALG Alamo Group Inc. | 0.80% | 0.71% | 0.56% | 0.42% | 0.51% | 0.38% | 0.38% | 0.38% | 0.57% | 0.35% | 0.47% | 0.61% |
LMT Lockheed Martin Corporation | 2.71% | 2.76% | 2.62% | 2.68% | 2.34% | 2.98% | 2.76% | 2.31% | 3.13% | 2.32% | 2.71% | 2.83% |
Financials
ALG vs. LMT - Financials Comparison
This section allows you to compare key financial metrics between Alamo Group Inc. and Lockheed Martin Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ALG vs. LMT - Profitability Comparison
ALG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alamo Group Inc. reported a gross profit of 104.81M and revenue of 417.15M. Therefore, the gross margin over that period was 25.1%.
LMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lockheed Martin Corporation reported a gross profit of 2.08B and revenue of 18.02B. Therefore, the gross margin over that period was 11.5%.
ALG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alamo Group Inc. reported an operating income of 42.16M and revenue of 417.15M, resulting in an operating margin of 10.1%.
LMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lockheed Martin Corporation reported an operating income of 2.06B and revenue of 18.02B, resulting in an operating margin of 11.5%.
ALG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alamo Group Inc. reported a net income of 29.18M and revenue of 417.15M, resulting in a net margin of 7.0%.
LMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lockheed Martin Corporation reported a net income of 1.49B and revenue of 18.02B, resulting in a net margin of 8.3%.
Frequently Asked Questions
ALG and LMT have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LMT has higher volatility (9.07%) compared to ALG (6.67%). In terms of maximum drawdown, ALG dropped -69.23% vs LMT's -79.29%.
LMT currently has the higher Sharpe Ratio (0.36 vs -0.78), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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