Airlines, Airports & Air Services
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ALK vs JBLU
Revenue, margins, valuation, and 5-year total return — side by side.
Airlines, Airports & Air Services
ALK vs JBLU — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Airlines, Airports & Air Services | Airlines, Airports & Air Services |
| Market Cap | $4.64B | $1.87B |
| Revenue (TTM) | $14.24B | $9.16B |
| Net Income (TTM) | $100M | $-713M |
| Gross Margin | 59.7% | 39.7% |
| Operating Margin | 2.1% | -4.6% |
| Forward P/E | 46.6x | — |
| Total Debt | $6.89B | $10.26B |
| Cash & Equiv. | $627M | $2.05B |
ALK vs JBLU — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Alaska Air Group, I… (ALK) | 100 | 118.5 | +18.5% |
| JetBlue Airways Cor… (JBLU) | 100 | 50.0 | -50.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ALK vs JBLU
Each card shows where this stock fits in a portfolio — not just who wins on paper.
ALK carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 21.3%, EPS growth -71.8%, 3Y rev CAGR 13.9%
- -33.5% 10Y total return vs JBLU's -73.5%
- 21.3% revenue growth vs JBLU's -2.3%
JBLU is the clearest fit if your priority is income & stability and sleep-well-at-night.
- beta 2.11
- Lower volatility, beta 2.11, current ratio 0.74x
- Beta 2.11, current ratio 0.74x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 21.3% revenue growth vs JBLU's -2.3% | |
| Quality / Margins | 0.7% margin vs JBLU's -7.8% | |
| Stability / Safety | Beta 2.11 vs ALK's 2.16 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +14.5% vs ALK's -18.9% | |
| Efficiency (ROA) | 0.5% ROA vs JBLU's -4.1%, ROIC 2.3% vs -2.7% |
ALK vs JBLU — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
ALK vs JBLU — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
ALK leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
ALK is the larger business by revenue, generating $14.2B annually — 1.6x JBLU's $9.2B. ALK is the more profitable business, keeping 0.7% of every revenue dollar as net income compared to JBLU's -7.8%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $14.2B | $9.2B |
| EBITDAEarnings before interest/tax | $1.1B | $281M |
| Net IncomeAfter-tax profit | $100M | -$713M |
| Free Cash FlowCash after capex | -$339M | -$950M |
| Gross MarginGross profit ÷ Revenue | +59.7% | +39.7% |
| Operating MarginEBIT ÷ Revenue | +2.1% | -4.6% |
| Net MarginNet income ÷ Revenue | +0.7% | -7.8% |
| FCF MarginFCF ÷ Revenue | -2.4% | -10.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | +2.8% | +4.7% |
| EPS Growth (YoY)Latest quarter vs prior year | -67.3% | -47.5% |
Valuation Metrics
JBLU leads this category, winning 3 of 4 comparable metrics.
Valuation Metrics
On an enterprise value basis, ALK's 9.9x EV/EBITDA is more attractive than JBLU's 31.5x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $4.6B | $1.9B |
| Enterprise ValueMkt cap + debt − cash | $10.9B | $10.1B |
| Trailing P/EPrice ÷ TTM EPS | 46.56x | -3.04x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 9.94x | 31.51x |
| Price / SalesMarket cap ÷ Revenue | 0.33x | 0.21x |
| Price / BookPrice ÷ Book value/share | 1.15x | 0.88x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
ALK leads this category, winning 9 of 9 comparable metrics.
Profitability & Efficiency
ALK delivers a 2.4% return on equity — every $100 of shareholder capital generates $2 in annual profit, vs $-33 for JBLU. ALK carries lower financial leverage with a 1.67x debt-to-equity ratio, signaling a more conservative balance sheet compared to JBLU's 4.84x. On the Piotroski fundamental quality scale (0–9), ALK scores 6/9 vs JBLU's 3/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +2.4% | -33.1% |
| ROA (TTM)Return on assets | +0.5% | -4.1% |
| ROICReturn on invested capital | +2.3% | -2.7% |
| ROCEReturn on capital employed | +2.2% | -2.7% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 3 |
| Debt / EquityFinancial leverage | 1.67x | 4.84x |
| Net DebtTotal debt minus cash | $6.3B | $8.2B |
| Cash & Equiv.Liquid assets | $627M | $2.0B |
| Total DebtShort + long-term debt | $6.9B | $10.3B |
| Interest CoverageEBIT ÷ Interest expense | 2.05x | -0.45x |
Total Returns (Dividends Reinvested)
ALK leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ALK five years ago would be worth $6,043 today (with dividends reinvested), compared to $2,607 for JBLU. Over the past 12 months, JBLU leads with a +14.5% total return vs ALK's -18.9%. The 3-year compound annual growth rate (CAGR) favors ALK at -2.3% vs JBLU's -10.7% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -21.4% | +9.8% |
| 1-Year ReturnPast 12 months | -18.9% | +14.5% |
| 3-Year ReturnCumulative with dividends | -6.8% | -28.7% |
| 5-Year ReturnCumulative with dividends | -39.6% | -73.9% |
| 10-Year ReturnCumulative with dividends | -33.5% | -73.5% |
| CAGR (3Y)Annualised 3-year return | -2.3% | -10.7% |
Risk & Volatility
JBLU leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
JBLU is the less volatile stock with a 2.11 beta — it tends to amplify market swings less than ALK's 2.16 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. JBLU currently trades 77.5% from its 52-week high vs ALK's 61.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.16x | 2.11x |
| 52-Week HighHighest price in past year | $65.88 | $6.50 |
| 52-Week LowLowest price in past year | $33.03 | $3.84 |
| % of 52W HighCurrent price vs 52-week peak | +61.5% | +77.5% |
| RSI (14)Momentum oscillator 0–100 | 44.6 | 47.3 |
| Avg Volume (50D)Average daily shares traded | 4.7M | 27.2M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates ALK as "Buy" and JBLU as "Hold". Consensus price targets imply 65.4% upside for ALK (target: $67) vs 22.4% for JBLU (target: $6).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $67.00 | $6.17 |
| # AnalystsCovering analysts | 28 | 36 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | 0 | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.4% |
ALK leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). JBLU leads in 2 (Valuation Metrics, Risk & Volatility).
ALK vs JBLU: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is ALK or JBLU a better buy right now?
For growth investors, Alaska Air Group, Inc.
(ALK) is the stronger pick with 21. 3% revenue growth year-over-year, versus -2. 3% for JetBlue Airways Corporation (JBLU). Alaska Air Group, Inc. (ALK) offers the better valuation at 46. 6x trailing P/E, making it the more compelling value choice. Analysts rate Alaska Air Group, Inc. (ALK) a "Buy" — based on 28 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — ALK or JBLU?
Over the past 5 years, Alaska Air Group, Inc.
(ALK) delivered a total return of -39. 6%, compared to -73. 9% for JetBlue Airways Corporation (JBLU). Over 10 years, the gap is even starker: ALK returned -33. 5% versus JBLU's -73. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — ALK or JBLU?
By beta (market sensitivity over 5 years), JetBlue Airways Corporation (JBLU) is the lower-risk stock at 2.
11β versus Alaska Air Group, Inc. 's 2. 16β — meaning ALK is approximately 2% more volatile than JBLU relative to the S&P 500. On balance sheet safety, Alaska Air Group, Inc. (ALK) carries a lower debt/equity ratio of 167% versus 5% for JetBlue Airways Corporation — giving it more financial flexibility in a downturn.
04Which is growing faster — ALK or JBLU?
By revenue growth (latest reported year), Alaska Air Group, Inc.
(ALK) is pulling ahead at 21. 3% versus -2. 3% for JetBlue Airways Corporation (JBLU). On earnings-per-share growth, the picture is similar: JetBlue Airways Corporation grew EPS 27. 5% year-over-year, compared to -71. 8% for Alaska Air Group, Inc.. Over a 3-year CAGR, ALK leads at 13. 9% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — ALK or JBLU?
Alaska Air Group, Inc.
(ALK) is the more profitable company, earning 0. 7% net margin versus -6. 6% for JetBlue Airways Corporation — meaning it keeps 0. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ALK leads at 2. 1% versus -4. 1% for JBLU. At the gross margin level — before operating expenses — ALK leads at 59. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Which pays a better dividend — ALK or JBLU?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
07Is ALK or JBLU better for a retirement portfolio?
For long-horizon retirement investors, Alaska Air Group, Inc.
(ALK) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding. JetBlue Airways Corporation (JBLU) carries a higher beta of 2. 11 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (ALK: -33. 5%, JBLU: -73. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
08What are the main differences between ALK and JBLU?
Both stocks operate in the Industrials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: ALK is a small-cap high-growth stock; JBLU is a small-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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