ALGT vs. CCL
ALGT (Allegiant Travel Company) and CCL (Carnival Corporation & Plc) are both stocks. ALGT operates in Airlines (Industrials), while CCL operates in Travel Services (Consumer Cyclical). Over the past 10 years, ALGT returned -4.72%/yr vs -4.15%/yr for CCL. At a 0.46 correlation, their price movements are largely independent.
Performance
ALGT vs. CCL - Performance Comparison
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Returns By Period
In the year-to-date period, ALGT achieves a -3.47% return, which is significantly higher than CCL's -10.61% return. Over the past 10 years, ALGT has underperformed CCL with an annualized return of -4.72%, while CCL has yielded a comparatively higher -4.15% annualized return.
ALGT
- 1D
- -2.15%
- 1M
- -0.87%
- YTD
- -3.47%
- 6M
- 0.09%
- 1Y
- 41.30%
- 3Y*
- -7.94%
- 5Y*
- -16.87%
- 10Y*
- -4.72%
CCL
- 1D
- -1.46%
- 1M
- 3.02%
- YTD
- -10.61%
- 6M
- 4.96%
- 1Y
- 12.44%
- 3Y*
- 27.77%
- 5Y*
- -2.16%
- 10Y*
- -4.15%
ALGT vs. CCL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALGT Allegiant Travel Company | -3.47% | -9.40% | 16.03% | 23.44% | -63.65% | -1.16% | 9.32% | 76.98% | -33.95% | -5.16% |
CCL Carnival Corporation & Plc | -10.61% | 22.55% | 34.41% | 130.02% | -59.94% | -7.11% | -56.89% | 7.37% | -23.40% | 30.76% |
Correlation
The correlation between ALGT and CCL is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2006 | 0.46 |
The correlation between ALGT and CCL shifts across timeframes, from 0.46 (all time) to 0.63 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ALGT:
$1.50B
CCL:
$37.60B
ALGT:
-$1.89
CCL:
$2.21
ALGT:
0.56
CCL:
1.40
ALGT:
1.37K
CCL:
2.89
ALGT:
$2.64B
CCL:
$26.98B
ALGT:
$815.04M
CCL:
$10.13B
ALGT:
$340.03M
CCL:
$7.23B
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Return for Risk
ALGT vs. CCL — Risk / Return Rank
ALGT
CCL
ALGT vs. CCL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allegiant Travel Company (ALGT) and Carnival Corporation & Plc (CCL). 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.
| ALGT | CCL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.09 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.06 | 0.43 | +0.63 |
| Martin ratioReturn relative to average drawdown | 2.50 | 0.87 | +1.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ALGT | CCL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.64 | 0.27 | +0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.31 | -0.04 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.09 | -0.07 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.17 | -0.02 |
Drawdowns
ALGT vs. CCL - Drawdown Comparison
The maximum ALGT drawdown since its inception was -86.01%, roughly equal to the maximum CCL drawdown of -90.37%. Use the drawdown chart below to compare losses from any high point for ALGT and CCL.
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Drawdown Indicators
| ALGT | CCL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.01% | -90.37% | +4.36% |
Max Drawdown (1Y)Largest decline over 1 year | -39.13% | -29.30% | -9.83% |
Max Drawdown (3Y)Largest decline over 3 years | -70.95% | -42.85% | -28.10% |
Max Drawdown (5Y)Largest decline over 5 years | -82.17% | -78.68% | -3.49% |
Max Drawdown (10Y)Largest decline over 10 years | -86.01% | -90.37% | +4.36% |
Current DrawdownCurrent decline from peak | -68.32% | -58.77% | -9.55% |
Average DrawdownAverage peak-to-trough decline | -31.68% | -28.57% | -3.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.55% | 14.38% | +2.17% |
Volatility
ALGT vs. CCL - Volatility Comparison
Allegiant Travel Company (ALGT) has a higher volatility of 21.43% compared to Carnival Corporation & Plc (CCL) at 13.45%. This indicates that ALGT's price experiences larger fluctuations and is considered to be riskier than CCL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALGT | CCL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.43% | 13.45% | +7.98% |
Volatility (6M)Calculated over the trailing 6-month period | 43.09% | 37.65% | +5.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.83% | 46.62% | +18.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.69% | 55.40% | -0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.27% | 57.57% | -6.30% |
Dividends
ALGT vs. CCL - Dividend Comparison
ALGT has not paid dividends to shareholders, while CCL's dividend yield for the trailing twelve months is around 1.11%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
CCL Carnival Corporation & Plc | 1.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.31% | 3.93% | 3.96% | 2.41% | 2.59% | 2.02% |
Financials
ALGT vs. CCL - Financials Comparison
This section allows you to compare key financial metrics between Allegiant Travel Company and Carnival Corporation & Plc. 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. CCL - Profitability Comparison
ALGT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
CCL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Carnival Corporation & Plc reported a gross profit of 2.23B and revenue of 6.17B. Therefore, the gross margin over that period was 36.1%.
ALGT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Allegiant Travel Company reported an operating income of 81.10M and revenue of 732.43M, resulting in an operating margin of 11.1%.
CCL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Carnival Corporation & Plc reported an operating income of 607.00M and revenue of 6.17B, resulting in an operating margin of 9.9%.
ALGT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Allegiant Travel Company reported a net income of 42.48M and revenue of 732.43M, resulting in a net margin of 5.8%.
CCL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Carnival Corporation & Plc reported a net income of 258.00M and revenue of 6.17B, resulting in a net margin of 4.2%.
Frequently Asked Questions
ALGT and CCL have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALGT has higher volatility (21.43%) compared to CCL (13.45%). In terms of maximum drawdown, ALGT dropped -86.01% vs CCL's -90.37%.
ALGT currently has the higher Sharpe Ratio (0.64 vs 0.27), 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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