ALK vs. SKYW
Compare and contrast key facts about Alaska Air Group, Inc. (ALK) and SkyWest, Inc. (SKYW).
Performance
ALK vs. SKYW - Performance Comparison
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ALK vs. SKYW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALK Alaska Air Group, Inc. | -25.15% | -22.32% | 65.73% | -9.01% | -17.58% | 0.19% | -22.81% | 13.78% | -15.55% | -15.90% |
SKYW SkyWest, Inc. | -6.68% | 0.28% | 91.82% | 216.17% | -57.99% | -2.51% | -37.31% | 46.54% | -15.60% | 46.83% |
Fundamentals
ALK:
$4.42B
SKYW:
$3.87B
ALK:
$0.83
SKYW:
$10.35
ALK:
45.40
SKYW:
9.06
ALK:
0.87
SKYW:
0.04
ALK:
0.32
SKYW:
0.96
ALK:
$14.24B
SKYW:
$4.06B
ALK:
$8.50B
SKYW:
$1.36B
ALK:
$1.15B
SKYW:
$980.30M
Returns By Period
In the year-to-date period, ALK achieves a -25.15% return, which is significantly lower than SKYW's -6.68% return. Over the past 10 years, ALK has underperformed SKYW with an annualized return of -6.80%, while SKYW has yielded a comparatively higher 17.23% annualized return.
ALK
- 1D
- 2.37%
- 1M
- -25.84%
- YTD
- -25.15%
- 6M
- -22.37%
- 1Y
- -23.23%
- 3Y*
- -3.55%
- 5Y*
- -11.54%
- 10Y*
- -6.80%
SKYW
- 1D
- 2.04%
- 1M
- -7.88%
- YTD
- -6.68%
- 6M
- -7.14%
- 1Y
- 6.36%
- 3Y*
- 61.68%
- 5Y*
- 11.22%
- 10Y*
- 17.23%
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Return for Risk
ALK vs. SKYW — Risk / Return Rank
ALK
SKYW
ALK vs. SKYW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alaska Air Group, Inc. (ALK) and SkyWest, Inc. (SKYW). 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.
| ALK | SKYW | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.43 | 0.17 | -0.60 |
Sortino ratioReturn per unit of downside risk | -0.32 | 0.53 | -0.85 |
Omega ratioGain probability vs. loss probability | 0.96 | 1.06 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | -0.51 | 0.25 | -0.76 |
Martin ratioReturn relative to average drawdown | -1.14 | 0.48 | -1.62 |
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
| ALK | SKYW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.43 | 0.17 | -0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.28 | 0.26 | -0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.16 | 0.34 | -0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.25 | -0.09 |
Correlation
The correlation between ALK and SKYW is 0.61, 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.
Dividends
ALK vs. SKYW - Dividend Comparison
Neither ALK nor SKYW has paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALK Alaska Air Group, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.72% | 2.07% | 2.10% | 1.63% | 1.24% | 0.99% |
SKYW SkyWest, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.35% | 0.74% | 0.90% | 0.60% | 0.52% | 0.84% |
Drawdowns
ALK vs. SKYW - Drawdown Comparison
The maximum ALK drawdown since its inception was -75.76%, smaller than the maximum SKYW drawdown of -81.77%. Use the drawdown chart below to compare losses from any high point for ALK and SKYW.
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Drawdown Indicators
| ALK | SKYW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.76% | -81.77% | +6.01% |
Max Drawdown (1Y)Largest decline over 1 year | -46.46% | -28.96% | -17.50% |
Max Drawdown (5Y)Largest decline over 5 years | -57.85% | -73.41% | +15.56% |
Max Drawdown (10Y)Largest decline over 10 years | -75.06% | -81.77% | +6.71% |
Current DrawdownCurrent decline from peak | -60.15% | -24.26% | -35.89% |
Average DrawdownAverage peak-to-trough decline | -27.62% | -35.46% | +7.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.63% | 15.00% | +5.63% |
Volatility
ALK vs. SKYW - Volatility Comparison
Alaska Air Group, Inc. (ALK) has a higher volatility of 18.72% compared to SkyWest, Inc. (SKYW) at 11.55%. This indicates that ALK's price experiences larger fluctuations and is considered to be riskier than SKYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALK | SKYW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.72% | 11.55% | +7.17% |
Volatility (6M)Calculated over the trailing 6-month period | 35.27% | 25.08% | +10.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.63% | 37.89% | +16.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.13% | 43.27% | -2.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.72% | 51.58% | -8.86% |
Financials
ALK vs. SKYW - Financials Comparison
This section allows you to compare key financial metrics between Alaska Air Group, Inc. and SkyWest, 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
ALK vs. SKYW - Profitability Comparison
ALK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Alaska Air Group, Inc. reported a gross profit of 3.42B and revenue of 3.63B. Therefore, the gross margin over that period was 94.3%.
SKYW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, SkyWest, Inc. reported a gross profit of 624.32M and revenue of 1.02B. Therefore, the gross margin over that period was 60.9%.
ALK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Alaska Air Group, Inc. reported an operating income of 75.00M and revenue of 3.63B, resulting in an operating margin of 2.1%.
SKYW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, SkyWest, Inc. reported an operating income of 134.20M and revenue of 1.02B, resulting in an operating margin of 13.1%.
ALK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Alaska Air Group, Inc. reported a net income of 21.00M and revenue of 3.63B, resulting in a net margin of 0.6%.
SKYW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, SkyWest, Inc. reported a net income of 91.16M and revenue of 1.02B, resulting in a net margin of 8.9%.