Correlation
The correlation between ALK and ALGT is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
ALK vs. ALGT
Compare and contrast key facts about Alaska Air Group, Inc. (ALK) and Allegiant Travel Company (ALGT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALK or ALGT.
Performance
ALK vs. ALGT - Performance Comparison
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Key characteristics
ALK:
0.48
ALGT:
0.12
ALK:
0.99
ALGT:
0.75
ALK:
1.13
ALGT:
1.09
ALK:
0.34
ALGT:
0.16
ALK:
1.20
ALGT:
0.48
ALK:
18.36%
ALGT:
28.10%
ALK:
49.68%
ALGT:
65.10%
ALK:
-75.76%
ALGT:
-86.01%
ALK:
-46.09%
ALGT:
-78.61%
Fundamentals
ALK:
$6.32B
ALGT:
$1.02B
ALK:
$2.72
ALGT:
-$11.69
ALK:
1.30
ALGT:
-14.47
ALK:
0.50
ALGT:
0.40
ALK:
1.53
ALGT:
0.91
ALK:
$12.64B
ALGT:
$2.56B
ALK:
$2.66B
ALGT:
$677.12M
ALK:
$1.43B
ALGT:
$122.46M
Returns By Period
In the year-to-date period, ALK achieves a -21.34% return, which is significantly higher than ALGT's -40.95% return. Over the past 10 years, ALK has outperformed ALGT with an annualized return of -1.70%, while ALGT has yielded a comparatively lower -8.83% annualized return.
ALK
-21.34%
14.71%
-3.17%
21.20%
1.81%
8.30%
-1.70%
ALGT
-40.95%
16.47%
-32.09%
4.47%
-27.27%
-11.60%
-8.83%
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Risk-Adjusted Performance
ALK vs. ALGT — Risk-Adjusted Performance Rank
ALK
ALGT
ALK vs. ALGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alaska Air Group, Inc. (ALK) and Allegiant Travel Company (ALGT). 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.
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Dividends
ALK vs. ALGT - Dividend Comparison
Neither ALK nor ALGT has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALK Alaska Air Group, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.72% | 2.07% | 2.10% | 1.63% | 1.24% | 0.99% | 0.84% |
ALGT Allegiant Travel Company | 0.00% | 1.27% | 1.45% | 0.00% | 0.00% | 0.37% | 1.61% | 2.79% | 1.81% | 1.44% | 1.64% | 1.66% |
Drawdowns
ALK vs. ALGT - Drawdown Comparison
The maximum ALK drawdown since its inception was -75.76%, smaller than the maximum ALGT drawdown of -86.01%. Use the drawdown chart below to compare losses from any high point for ALK and ALGT.
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Volatility
ALK vs. ALGT - Volatility Comparison
The current volatility for Alaska Air Group, Inc. (ALK) is 12.34%, while Allegiant Travel Company (ALGT) has a volatility of 17.80%. This indicates that ALK experiences smaller price fluctuations and is considered to be less risky than ALGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
ALK vs. ALGT - Financials Comparison
This section allows you to compare key financial metrics between Alaska Air Group, Inc. and Allegiant Travel Company. 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
ALK vs. ALGT - Profitability Comparison
ALK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Alaska Air Group, Inc. reported a gross profit of 319.00M and revenue of 3.14B. Therefore, the gross margin over that period was 10.2%.
ALGT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Allegiant Travel Company reported a gross profit of 432.78M and revenue of 699.07M. Therefore, the gross margin over that period was 61.9%.
ALK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Alaska Air Group, Inc. reported an operating income of -197.00M and revenue of 3.14B, resulting in an operating margin of -6.3%.
ALGT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Allegiant Travel Company reported an operating income of 65.00M and revenue of 699.07M, resulting in an operating margin of 9.3%.
ALK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Alaska Air Group, Inc. reported a net income of -166.00M and revenue of 3.14B, resulting in a net margin of -5.3%.
ALGT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Allegiant Travel Company reported a net income of 32.10M and revenue of 699.07M, resulting in a net margin of 4.6%.