MetaCap

Alaska Air Group (ALK) vs Delta Air Lines (DAL)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.

Summary

Delta Air Lines (DAL) has outperformed Alaska Air Group (ALK) over the past year, gaining 46.5% versus a loss of 19.2%. Over five years, DAL leads with a +102.4% price change compared with -31.5% for ALK. Delta Air Lines is the larger company by market cap ($54.56 billion vs $4.42 billion), about 12.3 times the size, while Alaska Air Group is growing revenue faster (+21.3% vs +2.8%).

On valuation, Delta Air Lines trades at a lower forward P/E (10.5x vs 11.6x for Alaska Air Group). Delta Air Lines pays a dividend yielding 0.94%, while Alaska Air Group does not currently pay one. Delta Air Lines converts more of its revenue into profit, with a net margin of 7.9% versus 0.7%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

ALK-19.20%DAL+46.51%
+70%+18%-35%
Oct 7, 20251 yearOct 7, 2026
ALK-33.80%DAL+91.26%
+122%+33%-56%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

ALK versus DAL key metrics
MetricALKDAL
Share price$39.59$82.97
Market cap$4.42B$54.56B
1-day change-0.75%-0.82%
YTD return-21.29%+19.55%
1-year return-19.20%+46.51%
5-year return-31.47%+102.42%
P/E ratio (TTM)—13.76
Forward P/E11.5610.52
EPS (TTM)$-1.59$6.03
Dividend yield0.00%0.94%
Annual dividend$0.00$0.778
Revenue (latest FY)$14.24B$63.36B
Revenue growth (YoY)+21.34%+2.79%
Net income (latest FY)$100.00M$5.00B
Operating margin2.13%9.19%
Net margin0.70%7.90%
52-week high$60.63$95.68
52-week low$33.03$55.03
Distance from 52-week high-34.70%-13.28%
Analyst consensusstrong_buystrong_buy
Avg. price target upside+40.52%+22.56%
Average volume2.78M6.27M
Shares outstanding111.60M657.62M
Employees31,596103,000
SectorConsumer DiscretionaryConsumer Discretionary
IndustryAir Freight/Delivery ServicesAir Freight/Delivery Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Delta Air Lines is about 12.3 times larger than Alaska Air Group by market value ($54.56B vs $4.42B).
  • DAL has outperformed ALK by 65.7 percentage points over the past year.
  • Delta Air Lines is more profitable, keeping 7.9 cents of every revenue dollar as net income versus 0.7 cents for Alaska Air Group.
  • Alaska Air Group grew revenue faster in its latest fiscal year (+21.34% vs +2.79%).

About Alaska Air Group

ALK stock →

Alaska Air Group, Inc., through its subsidiaries, operates airlines. It operates through three segments: Alaska Airlines, Hawaiian Airlines, and Regional.

Consumer Discretionary · Air Freight/Delivery Services · 31,596 employees

About Delta Air Lines

DAL stock →

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally.

Consumer Discretionary · Air Freight/Delivery Services · 103,000 employees

ALK vs DAL FAQ

Which is bigger, Alaska Air Group or Delta Air Lines?

Delta Air Lines (DAL) is larger, with a market capitalization of $54.56B compared with $4.42B for Alaska Air Group (ALK).

Which stock has performed better over the past year, ALK or DAL?

DAL returned +46.51% over the past 12 months, compared with -19.20% for ALK (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, Alaska Air Group or Delta Air Lines?

Delta Air Lines pays a dividend yielding 0.94%, while Alaska Air Group does not currently pay a regular dividend.

Are Alaska Air Group and Delta Air Lines in the same industry?

Yes. Both are classified in the Air Freight/Delivery Services industry within the Consumer Discretionary sector.

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