ALGT vs. AAL
ALGT (Allegiant Travel Company) and AAL (American Airlines Group Inc.) are both stocks. Both operate in the Airlines industry within the Industrials sector. Over the past 10 years, ALGT returned -1.20%/yr vs -7.19%/yr for AAL. Their 0.54 correlation means they have sometimes moved together and sometimes differently.
Performance
ALGT vs. AAL - Performance Comparison
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Returns By Period
In the year-to-date period, ALGT achieves a 15.02% return, which is significantly higher than AAL's -0.39% return. Over the past 10 years, ALGT has outperformed AAL with an annualized return of -1.20%, while AAL has yielded a comparatively lower -7.19% annualized return.
ALGT
- 1D
- -0.94%
- 1M
- -17.35%
- 6M
- 10.66%
- YTD
- 15.02%
- 1Y
- 103.82%
- 3Y*
- -5.83%
- 5Y*
- -11.80%
- 10Y*
- -1.20%
- ALL TIME*
- 8.59%
AAL
- 1D
- -1.04%
- 1M
- -14.79%
- 6M
- 14.81%
- YTD
- -0.39%
- 1Y
- 38.44%
- 3Y*
- -2.01%
- 5Y*
- -5.61%
- 10Y*
- -7.19%
- ALL TIME*
- -1.25%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.35B | $1.92B | $1.69B | |
| $42.80M | $48.19M | $57.36M |
ALGT vs. AAL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALGT Allegiant Travel Company | 15.02% | -9.40% | 16.03% | 23.44% | -63.65% | -1.16% | 9.32% | 76.98% | -33.95% | -5.16% |
AAL American Airlines Group Inc. | -0.39% | -12.05% | 26.86% | 8.02% | -29.18% | 13.89% | -44.81% | -9.57% | -37.69% | 12.40% |
Correlation
The correlation between ALGT and AAL is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.75 |
Correlation (3Y) Balances recent behavior with more history. | 0.66 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.68 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.63 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2006 | 0.54 |
Over the past year, ALGT and AAL have become more correlated (0.75) than their long-term average of 0.54, meaning their price movements have been converging.
Fundamentals
ALGT:
$1.79B
AAL:
$10.11B
ALGT:
-$1.89
AAL:
-$0.49
ALGT:
0.67
AAL:
0.17
ALGT:
$2.64B
AAL:
$58.34B
ALGT:
$815.04M
AAL:
$12.26B
ALGT:
$340.03M
AAL:
$3.34B
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Return for Risk
ALGT vs. AAL — Risk / Return Rank
ALGT
AAL
ALGT vs. AAL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allegiant Travel Company (ALGT) and American Airlines Group Inc. (AAL). 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.
| ALGT | AAL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.15 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | 0.88 | +1.43 |
| Martin ratioReturn relative to average drawdown | 5.41 | 2.02 | +3.39 |
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Drawdowns
ALGT vs. AAL - Drawdown Comparison
The maximum ALGT drawdown since its inception was -86.01%, smaller than the maximum AAL drawdown of -97.20%. Use the drawdown chart below to compare losses from any high point for ALGT and AAL.
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Drawdown Indicators
| ALGT | AAL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.01% | -97.20% | +11.19% |
Max Drawdown (1Y)Largest decline over 1 year | -39.13% | -37.39% | -1.74% |
Max Drawdown (3Y)Largest decline over 3 years | -66.91% | -51.39% | -15.52% |
Max Drawdown (5Y)Largest decline over 5 years | -81.93% | -59.25% | -22.68% |
Max Drawdown (10Y)Largest decline over 10 years | -86.01% | -84.14% | -1.87% |
Current DrawdownCurrent decline from peak | -62.25% | -74.27% | +12.02% |
Average DrawdownAverage peak-to-trough decline | -31.89% | -60.51% | +28.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.69% | 16.29% | +0.40% |
Volatility
ALGT vs. AAL - Volatility Comparison
The current volatility for Allegiant Travel Company (ALGT) is 14.71%, while American Airlines Group Inc. (AAL) has a volatility of 16.21%. This indicates that ALGT experiences smaller price fluctuations and is considered to be less risky than AAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALGT | AAL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.71% | 16.21% | -1.50% |
Volatility (6M)Calculated over the trailing 6-month period | 46.49% | 37.46% | +9.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.40% | 48.98% | +15.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.21% | 48.53% | +6.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.63% | 52.96% | -1.33% |
Dividends
ALGT vs. AAL - Dividend Comparison
Neither ALGT nor AAL has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAL American Airlines Group Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.63% | 1.39% | 1.25% | 0.77% | 0.86% | 0.94% |
ALGT Allegiant Travel Company | 0.00% | 0.00% | 1.27% | 1.45% | 0.00% | 0.00% | 0.37% | 1.61% | 2.79% | 1.81% | 1.44% | 1.64% |
Financials
ALGT vs. AAL - Financials Comparison
This section allows you to compare key financial metrics between Allegiant Travel Company and American Airlines Group Inc.. 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
ALGT vs. AAL - Profitability Comparison
ALGT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Allegiant Travel Company reported a gross profit of 479.13M and revenue of 732.43M. Therefore, the gross margin over that period was 65.4%.
AAL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, American Airlines Group Inc. reported a gross profit of 3.47B and revenue of 16.74B. Therefore, the gross margin over that period was 20.7%.
ALGT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Allegiant Travel Company reported an operating income of 81.10M and revenue of 732.43M, resulting in an operating margin of 11.1%.
AAL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, American Airlines Group Inc. reported an operating income of 446.00M and revenue of 16.74B, resulting in an operating margin of 2.7%.
ALGT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Allegiant Travel Company reported a net income of 42.48M and revenue of 732.43M, resulting in a net margin of 5.8%.
AAL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, American Airlines Group Inc. reported a net income of 71.00M and revenue of 16.74B, resulting in a net margin of 0.4%.
Frequently Asked Questions
ALGT and AAL have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAL has higher volatility (16.21%) compared to ALGT (14.71%). In terms of maximum drawdown, ALGT dropped -86.01% vs AAL's -97.20%.
ALGT currently has the higher Sharpe Ratio (1.40 vs 0.67), 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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