ALK vs ESAB

Comparison between Alaska Air Group Inc (ALK, Company) and ESAB Corp (ESAB, Company).

Both ALK and ESAB are from the Industrials sector.

ALK vs ESAB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ALK(COMPANY)	ESAB(COMPANY)
Market Cap	$5.71B	$5.70B
Max Drawdown	76.50%	41.24%
Sharpe Ratio	0.11	-0.50
5Y Beta	1.68	1.26
Industry	Airlines	Metal Fabrication
P/E Ratio	89.26	27.44
Forward P/E	208.33	15.77
PEG Ratio	1.20	1.27
Dividend Yield	N/A	0.41%
5Y Dividends CAGR	28.84%	N/A
Debt to Equity	136.13%	92.94%
Free Cash Flow Yield	21.22%	3.83%
P/S Ratio	0.40	1.97
P/B Ratio	1.53	2.66

Market Cap

Winner

ALK

$5.71B

ESAB

$5.70B

Max Drawdown

ALK

76.50%

Winner

ESAB

41.24%

Sharpe Ratio

Winner

ALK

0.11

ESAB

-0.50

5Y Beta

ALK

1.68

Winner

ESAB

1.26

Industry

ALK

Airlines

ESAB

Metal Fabrication

P/E Ratio

ALK

89.26

Winner

ESAB

27.44

Forward P/E

ALK

208.33

Winner

ESAB

15.77

PEG Ratio

Winner

ALK

1.20

ESAB

1.27

Dividend Yield

ALK

N/A

ESAB

0.41%

5Y Dividends CAGR

ALK

28.84%

ESAB

N/A

Debt to Equity

ALK

136.13%

Winner

ESAB

92.94%

Free Cash Flow Yield

Winner

ALK

21.22%

ESAB

3.83%

P/S Ratio

Winner

ALK

0.40

ESAB

1.97

P/B Ratio

Winner

ALK

1.53

ESAB

2.66

ALK vs ESAB - Historical Returns

Returns include dividend reinvestment.

Period	ALK	ESAB
1 month	+16.25%	+7.09%
3 months	+32.97%	-0.53%
6 months	-1.40%	-16.91%
1 year	-2.90%	-24.45%
5 years(CAGR)	-3.15%	+16.34%
10 years(CAGR)	-1.21%	N/A
Max(CAGR)	+6.67%	+16.34%

Winner

ALK

+16.25%

ESAB

+7.09%

Winner

ALK

+32.97%

ESAB

-0.53%

Winner

ALK

-1.40%

ESAB

-16.91%

Winner

ALK

-2.90%

ESAB

-24.45%

5Y(CAGR)

ALK

-3.15%

Winner

ESAB

+16.34%

10Y(CAGR)

ALK

-1.21%

ESAB

N/A

Max(CAGR)

ALK

+6.67%

Winner

ESAB

+16.34%

ALK vs ESAB - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ALK	ESAB
2026	-4.69%	-16.28%
2025	-21.77%	-5.28%
2024	+68.88%	+41.37%
2023	-7.33%	+79.15%
2022	-20.58%	-5.81%
2021	+5.81%	N/A
2020	-23.29%	N/A
2019	+12.54%	N/A
2018	-17.24%	N/A
2017	-15.20%	N/A
2016	+14.98%	N/A
2015	+34.96%	N/A
2014	+65.07%	N/A
2013	+67.95%	N/A
2012	+16.54%	N/A
2011	+29.73%	N/A
2010	+62.58%	N/A
2009	+16.80%	N/A
2008	+23.68%	N/A
2007	-39.01%	N/A
2006	+12.06%	N/A
2005	+8.90%	N/A
2004	+20.47%	N/A
2003	+23.60%	N/A
2002	-25.27%	N/A
2001	-1.56%	N/A
2000	-15.00%	N/A
1999	-9.92%	N/A

ALK vs ESAB Drawdown Comparison

The maximum drawdown for ALK was -75.76%, occurring on Jul 15, 2008. Recovery took 874 trading sessions.

The maximum drawdown for ESAB was -41.08%, occurring on Oct 14, 2022. Recovery took 194 trading sessions.

The current ALK drawdown is -48.03%. The current ESAB drawdown is -30.09%.

Rank	ALK	ESAB
#1	-75.76% Oct 23, 2006 - Apr 15, 2010	-41.08% Apr 13, 2022 - Jan 23, 2023
#2	-75.06% Mar 1, 2017 - Mar 20, 2020	-38.43% Feb 13, 2026 - Jun 10, 2026
#3	-65.11% Nov 5, 1999 - Oct 3, 2006	-22.54% Nov 11, 2024 - Feb 13, 2026
#4	-35.01% Dec 7, 2015 - Dec 7, 2016	-19.20% Apr 8, 2024 - Oct 18, 2024
#5	-26.44% May 12, 2011 - Dec 1, 2011	-15.27% Aug 1, 2023 - Nov 3, 2023
#6	-25.27% May 7, 2013 - Oct 24, 2013	-10.24% Mar 29, 2022 - Apr 12, 2022
#7	-18.87% Jun 17, 2010 - Aug 9, 2010	-10.08% Feb 2, 2023 - Jun 2, 2023
#8	-18.23% Aug 9, 2010 - Nov 4, 2010	-5.09% Jun 16, 2023 - Jun 29, 2023
#9	-17.83% Feb 3, 2012 - Nov 5, 2012	-4.90% Dec 28, 2023 - Jan 23, 2024
#10	-16.67% Jun 2, 2014 - Oct 23, 2014	-4.02% Nov 24, 2023 - Dec 5, 2023
#11	-14.14% Jan 29, 2015 - Jul 13, 2015	-3.55% Jun 30, 2023 - Jul 10, 2023
#12	-12.67% Feb 17, 2011 - Apr 29, 2011	-3.41% Oct 18, 2024 - Oct 29, 2024
#13	-12.32% May 3, 2010 - May 12, 2010	-2.70% Jul 12, 2023 - Aug 1, 2023
#14	-11.46% Mar 28, 2013 - May 6, 2013	-2.47% Jun 2, 2023 - Jun 7, 2023
#15	-10.53% Sep 21, 2015 - Dec 4, 2015	-2.41% Oct 29, 2024 - Nov 5, 2024

Correlation

Correlation between ALK and ESAB is 0.32 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.32

-101

Dividend Comparison (2013 - 2026)

ALK vs ESAB dividend yield comparison.

Year	ALK	ESAB
2026	0.00%	0.23%
2025	0.00%	0.34%
2024	0.00%	0.25%
2023	0.00%	0.27%
2022	0.00%	0.32%
2020	0.72%	0.00%
2019	2.07%	0.00%
2018	2.10%	0.00%
2017	1.63%	0.00%
2016	1.24%	0.00%
2015	0.99%	0.00%
2014	0.84%	0.00%
2013	0.55%	0.00%