Alaska Air Group, Inc. (ALK) vs JetBlue Airways Corporation (JBLU)

Alaska Air Group, Inc. and JetBlue Airways Corporation are both Airlines companies. Alaska Air Group, Inc. is the larger, with a market value of $4.5B against $1.7B — 2.7× the size. Alaska Air Group, Inc. grew revenue faster over the last twelve months: 9.79% against 3.99%. Alaska Air Group, Inc. has the higher net margin (−1.19% vs −9.32%) and the higher return on invested capital (−1.94% vs −4.40%). Across the 19 metrics below, Alaska Air Group, Inc. leads on 15 and JetBlue Airways Corporation on 4.

Valuation

Metric ALK JBLU Airlines median
P/E n/m n/m 10.32
P/S 0.31 0.17 0.57
P/B 1.24 1.04 2.06
Price to free cash flow n/m n/m 13.20
EV/EBITDA 13.73 55.48 9.68
EV/Sales 0.55 0.85 0.89
Earnings yield (3.81%) (54.32%) 2.85%
Free cash flow yield (12.05%) (71.28%) 3.17%

Profitability

Metric ALK JBLU Airlines median
Gross margin 100.00% 57.16% 42.57%
Operating margin (1.52%) (5.95%) 4.18%
Net margin (1.19%) (9.32%) 1.85%
Free cash flow margin (3.71%) (12.41%) 4.31%
Return on equity (4.60%) (44.36%) 10.75%
Return on assets (0.85%) (5.33%) 1.67%
Return on invested capital (1.94%) (4.40%) 3.19%

Growth

Metric ALK JBLU Airlines median
Revenue growth (TTM) 9.79% 3.99% 9.79%
EPS growth (last fiscal year) (73.05%) 27.83% —
Revenue growth, 5-year CAGR 31.90% 25.10% 25.83%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ALK JBLU Airlines median
Debt to equity 1.70 5.34 0.81
Current ratio 0.55 0.70 0.60
Net debt to EBITDA 3.10 19.50 1.42

Dividend

Metric ALK JBLU Airlines median
Dividend yield 0.37% — 0.82%
Payout ratio 0.00 0.00 0.00

Size

Metric ALK JBLU Airlines median
Market cap 4.50b 1.66b 3.91b

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