BRK-B vs. ALGT
BRK-B (Berkshire Hathaway Inc.) and ALGT (Allegiant Travel Company) are both stocks. BRK-B operates in Insurance - Diversified (Financial Services), while ALGT operates in Airlines (Industrials). Over the past 10 years, BRK-B returned 13.22%/yr vs -3.72%/yr for ALGT. At a 0.32 correlation, their price movements are largely independent.
Performance
BRK-B vs. ALGT - Performance Comparison
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Returns By Period
In the year-to-date period, BRK-B achieves a -2.67% return, which is significantly lower than ALGT's 7.41% return. Over the past 10 years, BRK-B has outperformed ALGT with an annualized return of 13.22%, while ALGT has yielded a comparatively lower -3.72% annualized return.
BRK-B
- 1D
- 0.71%
- 1M
- 1.36%
- YTD
- -2.67%
- 6M
- -2.06%
- 1Y
- 0.35%
- 3Y*
- 13.30%
- 5Y*
- 11.27%
- 10Y*
- 13.22%
ALGT
- 1D
- 6.45%
- 1M
- 22.28%
- YTD
- 7.41%
- 6M
- 6.67%
- 1Y
- 79.41%
- 3Y*
- -5.92%
- 5Y*
- -14.80%
- 10Y*
- -3.72%
BRK-B vs. ALGT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRK-B Berkshire Hathaway Inc. | -2.67% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
ALGT Allegiant Travel Company | 7.41% | -9.40% | 16.03% | 23.44% | -63.65% | -1.16% | 9.32% | 76.98% | -33.95% | -5.16% |
Correlation
The correlation between BRK-B and ALGT is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2006 | 0.32 |
The correlation between BRK-B and ALGT shifts across timeframes, from 0.25 (1 year) to 0.35 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
BRK-B:
$1.06T
ALGT:
$1.67B
BRK-B:
$33.62
ALGT:
-$1.89
BRK-B:
2.81
ALGT:
0.63
BRK-B:
1.45
ALGT:
1.52K
BRK-B:
$375.39B
ALGT:
$2.64B
BRK-B:
$94.36B
ALGT:
$815.04M
BRK-B:
$71.92B
ALGT:
$340.03M
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Return for Risk
BRK-B vs. ALGT — Risk / Return Rank
BRK-B
ALGT
BRK-B vs. ALGT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Inc. (BRK-B) 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.
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.
| BRK-B | ALGT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.10 | ||
| Sortino ratioReturn per unit of downside risk | -1.92 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.22 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 1.81 | -1.84 |
| Martin ratioReturn relative to average drawdown | -0.05 | 4.23 | -4.28 |
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Drawdowns
BRK-B vs. ALGT - Drawdown Comparison
The maximum BRK-B drawdown since its inception was -53.86%, smaller than the maximum ALGT drawdown of -86.01%. Use the drawdown chart below to compare losses from any high point for BRK-B and ALGT.
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Drawdown Indicators
| BRK-B | ALGT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.86% | -86.01% | +32.15% |
Max Drawdown (1Y)Largest decline over 1 year | -9.42% | -39.13% | +29.71% |
Max Drawdown (3Y)Largest decline over 3 years | -14.95% | -70.95% | +56.00% |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | -81.93% | +55.35% |
Max Drawdown (10Y)Largest decline over 10 years | -29.57% | -86.01% | +56.44% |
Current DrawdownCurrent decline from peak | -9.36% | -64.75% | +55.39% |
Average DrawdownAverage peak-to-trough decline | -11.07% | -31.70% | +20.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.53% | 16.74% | -12.21% |
Volatility
BRK-B vs. ALGT - Volatility Comparison
The current volatility for Berkshire Hathaway Inc. (BRK-B) is 3.95%, while Allegiant Travel Company (ALGT) has a volatility of 24.27%. This indicates that BRK-B 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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Volatility by Period
| BRK-B | ALGT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.95% | 24.27% | -20.32% |
Volatility (6M)Calculated over the trailing 6-month period | 10.78% | 44.93% | -34.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.38% | 65.71% | -51.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.12% | 54.96% | -37.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.44% | 51.42% | -31.98% |
Dividends
BRK-B vs. ALGT - Dividend Comparison
Neither BRK-B nor ALGT has paid dividends to shareholders.
| 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% |
BRK-B Berkshire Hathaway Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
BRK-B vs. ALGT - Financials Comparison
This section allows you to compare key financial metrics between Berkshire Hathaway 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
BRK-B vs. ALGT - Profitability Comparison
BRK-B - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported a gross profit of 26.98B and revenue of 93.68B. Therefore, the gross margin over that period was 28.8%.
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%.
BRK-B - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported an operating income of 15.05B and revenue of 93.68B, resulting in an operating margin of 16.1%.
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%.
BRK-B - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported a net income of 10.18B and revenue of 93.68B, resulting in a net margin of 10.9%.
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%.
Frequently Asked Questions
BRK-B and ALGT have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALGT has higher volatility (24.27%) compared to BRK-B (3.95%). In terms of maximum drawdown, BRK-B dropped -53.86% vs ALGT's -86.01%.
ALGT currently has the higher Sharpe Ratio (1.08 vs -0.02), 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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