GHC vs ALK

Comparison between Graham Holdings Co. - Class B (GHC, Company) and Alaska Air Group Inc (ALK, Company).

Both GHC and ALK are from the Industrials sector.

5-Year PerformanceGHC has outperformed ALK, delivering a return of +12.9% compared to -5.1%

GHC vs ALK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GHC(COMPANY)	ALK(COMPANY)
Market Cap	$4.95B	$4.94B
Max Drawdown	74.58%	76.50%
Sharpe Ratio	0.99	-0.14
5Y Beta	0.78	1.69
Industry	Conglomerates	Airlines
P/E Ratio	16.95	77.29
Forward P/E	20.12	208.33
PEG Ratio	0.18	N/A
Dividend Yield	0.63%	N/A
5Y Dividends CAGR	9.09%	28.84%
5Y EPS CAGR	2.97%	N/A
Debt to Equity	18.37%	136.13%
Free Cash Flow Yield	5.56%	24.50%

Market Cap

Winner

GHC

$4.95B

ALK

$4.94B

Max Drawdown

Winner

GHC

74.58%

ALK

76.50%

Sharpe Ratio

Winner

GHC

0.99

ALK

-0.14

5Y Beta

Winner

GHC

0.78

ALK

1.69

Industry

GHC

Conglomerates

ALK

Airlines

P/E Ratio

Winner

GHC

16.95

ALK

77.29

Forward P/E

Winner

GHC

20.12

ALK

208.33

PEG Ratio

GHC

0.18

ALK

N/A

Dividend Yield

GHC

0.63%

ALK

N/A

5Y Dividends CAGR

GHC

9.09%

Winner

ALK

28.84%

5Y EPS CAGR

GHC

2.97%

ALK

N/A

Debt to Equity

Winner

GHC

18.37%

ALK

136.13%

Free Cash Flow Yield

GHC

5.56%

Winner

ALK

24.50%

GHC vs ALK - Historical Returns

Returns include dividend reinvestment.

Period	GHC	ALK
1 month	-0.21%	-9.04%
3 months	+1.24%	+8.75%
6 months	-1.90%	-12.01%
1 year	+26.29%	-16.93%
5 years(CAGR)	+12.88%	-5.13%
10 years(CAGR)	+9.55%	-2.92%
Max(CAGR)	+6.09%	+6.29%

Winner

GHC

-0.21%

ALK

-9.04%

GHC

+1.24%

Winner

ALK

+8.75%

Winner

GHC

-1.90%

ALK

-12.01%

Winner

GHC

+26.29%

ALK

-16.93%

5Y(CAGR)

Winner

GHC

+12.88%

ALK

-5.13%

10Y(CAGR)

Winner

GHC

+9.55%

ALK

-2.92%

Max(CAGR)

GHC

+6.09%

Winner

ALK

+6.29%

GHC vs ALK - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	GHC	ALK
2026	+5.75%	-13.12%
2025	+27.93%	-21.77%
2024	+25.34%	+68.88%
2023	+14.97%	-7.33%
2022	-7.35%	-20.58%
2021	+20.94%	+5.81%
2020	-15.33%	-23.29%
2019	-1.32%	+12.54%
2018	+14.83%	-17.24%
2017	+7.60%	-15.20%
2016	+10.17%	+14.98%
2015	-8.11%	+34.96%
2014	+33.73%	+65.07%
2013	+79.28%	+67.95%
2012	+1.26%	+16.54%
2011	-12.40%	+29.73%
2010	+1.50%	+62.58%
2009	+8.55%	+16.80%
2008	-49.91%	+23.68%
2007	+6.72%	-39.01%
2006	-4.05%	+12.06%
2005	-19.91%	+8.90%
2004	+25.40%	+20.47%
2003	+6.46%	+23.60%
2002	+41.01%	-25.27%
2001	-11.27%	-1.56%
2000	+15.05%	-15.00%
1999	+4.39%	-9.92%

GHC vs ALK Drawdown Comparison

The maximum drawdown for GHC was -67.56%, occurring on Mar 9, 2009. Recovery took 2488 trading sessions.

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

The current GHC drawdown is -4.81%. The current ALK drawdown is -52.63%.

Rank	GHC	ALK
#1	-67.56% Dec 29, 2004 - Nov 14, 2014	-75.76% Oct 23, 2006 - Apr 15, 2010
#2	-62.56% Jul 30, 2019 - Jan 22, 2024	-75.06% Mar 1, 2017 - Mar 20, 2020
#3	-40.09% Jul 7, 2015 - Apr 8, 2019	-65.11% Nov 5, 1999 - Oct 3, 2006
#4	-21.93% Mar 2, 2001 - Apr 17, 2002	-35.01% Dec 7, 2015 - Dec 7, 2016
#5	-19.78% Sep 26, 2025 - Jan 21, 2026	-26.44% May 12, 2011 - Dec 1, 2011
#6	-18.75% Nov 10, 1999 - Dec 1, 2000	-25.27% May 7, 2013 - Oct 24, 2013
#7	-18.01% Apr 30, 2002 - Aug 7, 2002	-18.87% Jun 17, 2010 - Aug 9, 2010
#8	-14.55% Jul 26, 2024 - Sep 30, 2024	-18.23% Aug 9, 2010 - Nov 4, 2010
#9	-13.00% Jan 21, 2026 - Jul 16, 2026	-17.83% Feb 3, 2012 - Nov 5, 2012
#10	-12.85% Jan 6, 2003 - Nov 10, 2003	-16.67% Jun 2, 2014 - Oct 23, 2014
#11	-12.48% Apr 2, 2025 - Aug 12, 2025	-14.14% Jan 29, 2015 - Jul 13, 2015
#12	-12.39% Jun 8, 2004 - Nov 15, 2004	-12.67% Feb 17, 2011 - Apr 29, 2011
#13	-11.69% Mar 16, 2015 - May 20, 2015	-12.32% May 3, 2010 - May 12, 2010
#14	-11.04% Nov 8, 2024 - Feb 14, 2025	-11.46% Mar 28, 2013 - May 6, 2013
#15	-10.83% Dec 9, 2014 - Jan 29, 2015	-10.53% Sep 21, 2015 - Dec 4, 2015

Correlation

Correlation between GHC and ALK is 0.64 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.64

-101

Dividend Comparison (2000 - 2026)

GHC vs ALK dividend yield comparison.

Year	GHC	ALK
2026	0.49%	0.00%
2025	0.66%	0.00%
2024	0.79%	0.00%
2023	0.95%	0.00%
2022	1.05%	0.00%
2021	0.96%	0.00%
2020	1.09%	0.72%
2019	0.87%	2.07%
2018	0.83%	2.10%
2017	0.91%	1.63%
2016	0.95%	1.24%
2015	89.61%	0.99%
2014	1.18%	0.84%
2013	0.00%	0.55%
2012	5.37%	0.00%
2011	2.49%	0.00%
2010	2.05%	0.00%
2009	1.96%	0.00%
2008	2.20%	0.00%
2007	1.04%	0.00%
2006	1.05%	0.00%
2005	0.97%	0.00%
2004	0.71%	0.00%
2003	0.73%	0.00%
2002	0.76%	0.00%
2001	1.06%	0.00%
2000	0.88%	0.00%