ESAB vs ALK

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

Both ESAB and ALK are from the Industrials sector.

ESAB vs ALK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Market Cap

ESAB

$5.70B

Winner

ALK

$5.71B

Max Drawdown

Winner

ESAB

41.24%

ALK

76.50%

Sharpe Ratio

ESAB

-0.50

Winner

ALK

0.11

5Y Beta

Winner

ESAB

1.26

ALK

1.68

Industry

ESAB

Metal Fabrication

ALK

Airlines

P/E Ratio

Winner

ESAB

27.44

ALK

89.26

Forward P/E

Winner

ESAB

15.77

ALK

208.33

PEG Ratio

ESAB

1.27

Winner

ALK

1.20

Dividend Yield

ESAB

0.41%

ALK

N/A

5Y Dividends CAGR

ESAB

N/A

ALK

28.84%

Debt to Equity

Winner

ESAB

92.94%

ALK

136.13%

Free Cash Flow Yield

ESAB

3.83%

Winner

ALK

21.22%

P/S Ratio

ESAB

1.97

Winner

ALK

0.40

P/B Ratio

ESAB

2.66

Winner

ALK

1.53

ESAB vs ALK - Historical Returns

Returns include dividend reinvestment.

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

ESAB

+7.09%

Winner

ALK

+16.25%

ESAB

-0.53%

Winner

ALK

+32.97%

ESAB

-16.91%

Winner

ALK

-1.40%

ESAB

-24.45%

Winner

ALK

-2.90%

5Y(CAGR)

Winner

ESAB

+16.34%

ALK

-3.15%

10Y(CAGR)

ESAB

N/A

ALK

-1.21%

Max(CAGR)

Winner

ESAB

+16.34%

ALK

+6.67%

ESAB vs ALK - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

ESAB vs ALK Drawdown Comparison

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

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

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

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

Correlation

Correlation between ESAB and ALK 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)

ESAB vs ALK dividend yield comparison.

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