Sector Alpha Week of 2026-09-16
Not SEBI Registered !! Not Investment advice !!
20-quarter listed-company comparison

Airlines Stocks

Airlines: Delta Air Lines, Inc. owns the largest revenue base; LATAM Airlines Group S.A. has the fastest current growth.

01 · the industry itself · before any single company

How has Airlines moved against S&P 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this industry is 8% ahead of S&P 500. Earnings across its companies grew 9% on average over the last four reported quarters.

ASLEEP · 1y −14.1%~Moving with the index0 of 16 companies ahead of S&P 500 by 5% or more over three months

RS — · 3/16 >200d (−1) · 0/16 lead (−4) · EPS 6/14↑

10020020262025202420232022 184347 TRAILING 12-MONTH EPS · 100 AT THE START0100200Mar 22Sep 22Mar 23Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 7 reportingJun 2022 · trailing 12-month earnings per share at 92, against 100 at the start · no comparable year yet · 7 reportingSep 2022 · trailing 12-month earnings per share at 14, against 100 at the start · no comparable year yet · 7 reportingDec 2022 · trailing 12-month earnings per share at 78, against 100 at the start · no comparable year yet · 7 reportingMar 2023 · trailing 12-month earnings per share at 46, against 100 at the start · down 53.7% on a year ago · 7 reportingJun 2023 · trailing 12-month earnings per share at 94, against 100 at the start · up 36.3% on a year ago · 7 reportingSep 2023 · trailing 12-month earnings per share at 80, against 100 at the start · up 61.0% on a year ago · 7 reportingDec 2023 · trailing 12-month earnings per share at 75, against 100 at the start · up 113.6% on a year ago · 7 reportingMar 2024 · trailing 12-month earnings per share at 110, against 100 at the start · up 39.0% on a year ago · 7 reportingJun 2024 · trailing 12-month earnings per share at 121, against 100 at the start · down 10.1% on a year ago · 7 reportingSep 2024 · trailing 12-month earnings per share at 200, against 100 at the start · down 29.6% on a year ago · 7 reportingDec 2024 · trailing 12-month earnings per share at 131, against 100 at the start · up 9.2% on a year ago · 7 reportingMar 2025 · trailing 12-month earnings per share at 90, against 100 at the start · up 20.8% on a year ago · 7 reportingJun 2025 · trailing 12-month earnings per share at 70, against 100 at the start · up 30.4% on a year ago · 7 reportingSep 2025 · trailing 12-month earnings per share at 69, against 100 at the start · up 22.0% on a year ago · 7 reportingDec 2025 · trailing 12-month earnings per share at 89, against 100 at the start · up 10.1% on a year ago · 7 reportingMar 2026 · trailing 12-month earnings per share at 165, against 100 at the start · up 9.6% on a year ago · 7 reportingNot reported yet — earnings trail price by a quarter or twoNOT REPORTED YET165 · Mar 26No earnings on file this far back — the price series reaches further than the filings do
10020020262025202420232022 184347 TRAILING 12-MONTH EPS · 100 AT THE START0100200Mar 22Mar 23Mar 24Mar 25Mar 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 7 reportingJun 2022 · trailing 12-month earnings per share at 92, against 100 at the start · no comparable year yet · 7 reportingSep 2022 · trailing 12-month earnings per share at 14, against 100 at the start · no comparable year yet · 7 reportingDec 2022 · trailing 12-month earnings per share at 78, against 100 at the start · no comparable year yet · 7 reportingMar 2023 · trailing 12-month earnings per share at 46, against 100 at the start · down 53.7% on a year ago · 7 reportingJun 2023 · trailing 12-month earnings per share at 94, against 100 at the start · up 36.3% on a year ago · 7 reportingSep 2023 · trailing 12-month earnings per share at 80, against 100 at the start · up 61.0% on a year ago · 7 reportingDec 2023 · trailing 12-month earnings per share at 75, against 100 at the start · up 113.6% on a year ago · 7 reportingMar 2024 · trailing 12-month earnings per share at 110, against 100 at the start · up 39.0% on a year ago · 7 reportingJun 2024 · trailing 12-month earnings per share at 121, against 100 at the start · down 10.1% on a year ago · 7 reportingSep 2024 · trailing 12-month earnings per share at 200, against 100 at the start · down 29.6% on a year ago · 7 reportingDec 2024 · trailing 12-month earnings per share at 131, against 100 at the start · up 9.2% on a year ago · 7 reportingMar 2025 · trailing 12-month earnings per share at 90, against 100 at the start · up 20.8% on a year ago · 7 reportingJun 2025 · trailing 12-month earnings per share at 70, against 100 at the start · up 30.4% on a year ago · 7 reportingSep 2025 · trailing 12-month earnings per share at 69, against 100 at the start · up 22.0% on a year ago · 7 reportingDec 2025 · trailing 12-month earnings per share at 89, against 100 at the start · up 10.1% on a year ago · 7 reportingMar 2026 · trailing 12-month earnings per share at 165, against 100 at the start · up 9.6% on a year ago · 7 reportingNot reported yet — earnings trail price by a quarter or two165No earnings on file this far back — the price series reaches further than the filings do
Airlines, equal-weighted, based at 200 S&P 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 16 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

02 · sector relative strength, before individual stocks

Is Airlines outperforming S&P 500?

Airlines has underperformed S&P 500 by 16.8% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 18.3%. 2 of 14 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is broad. Frontier Group Holdings, Inc. is the strongest against the sector itself at +20.4%.

-18.3%Sector vs S&P 500 · 13 weeks
-16.8%Sector vs S&P 500 · 52 weeks
2/14Stocks leading S&P 500
9/14Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Airlines has underperformed S&P 500 by 16.8% over 52 weeks and 18.3% over 13 weeks. 2 of 14 covered companies beat the S&P 500 on Mansfield relative strength, while 9 of 14 beat the sector itself. Delta Air Lines, Inc. leads with revenue of $68,287 million, based on 7 of 16 comparable companies through Jun 2026.

Companies
16
complete canonical membership
Combined market value
$176.8B
Delta Air Lines, Inc.
Revenue growing
7/7
positive TTM year-on-year growth
Beating S&P 500
2/14
positive Mansfield relative strength
Comparing 5 of 16
03 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
LATAM Airlines Group S.A. has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 81.1% evidence confidence.
Delta Air Lines, Inc. looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
SkyWest, Inc. has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led S&P 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1LATAM Airlines Group S.A.LTM 76.5/100Favorable setup81% evidence ASLEEP 29.5/35 Revenue 16.7% · PAT 51.5% · OPM change 3.2 pp 83% evidence 16.5/25 ROCE 8% · OPM 19.9% 76% evidence 16.1/20 P/E 8.5× · PEG 0.2 65% evidence 14.4/20 RS sector 5.7% · RS bench -9.6% · 1Y 6.1%3 of 12 weeks ahead 100% evidence
Exact sum: 29.5 + 16.5 + 16.1 + 14.4 = 76.5 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
2Copa Holdings, S.A.CPA 64.7/100Mixed-positive evidence81% evidence ASLEEP 21.7/35 Revenue 9.2% · PAT 16.1% · OPM change 0.8 pp 83% evidence 17.0/25 ROCE 5.3% · OPM 24.6% 76% evidence 13.3/20 P/E 6.6× · PEG 0.39 65% evidence 12.7/20 RS sector 7.7% · RS bench -7.5% · 1Y 7.1%6 of 12 weeks ahead 100% evidence
Exact sum: 21.7 + 17 + 13.3 + 12.7 = 64.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3SkyWest, Inc.SKYW 58.1/100Thin evidence · provisional58% evidence FADING 17.1/35 Revenue — · PAT — · OPM change -2.5 pp 45% evidence 13.9/25 ROCE 2.8% · OPM 12.2% 76% evidence 10.9/20 P/E 9.9× · PEG — 15% evidence 16.2/20 RS sector 8.6% · RS bench -6.7% · 1Y -6.8%7 of 12 weeks ahead 100% evidence
Exact sum: 17.1 + 13.9 + 10.9 + 16.2 = 58.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
4Delta Air Lines, Inc.DAL 55.2/100Mixed-positive evidence85% evidence FADING 11.2/35 Revenue 10.3% · PAT -11.9% · OPM change -3.2 pp 95% evidence 13.0/25 ROCE 3.6% · OPM 9.4% 76% evidence 14.0/20 P/E 15.5× · PEG 0.21 65% evidence 17.0/20 RS sector 18.4% · RS bench 1.8% · 1Y 30.3%8 of 12 weeks ahead 100% evidence
Exact sum: 11.2 + 13 + 14 + 17 = 55.2 · Decision use: Price leads the evidence: RS versus the benchmark is 1.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
5United Airlines Holdings, Inc.UAL 49.3/100Mixed-negative evidence85% evidence ASLEEP 14.0/35 Revenue 8.5% · PAT 5.6% · OPM change -2.5 pp 95% evidence 11.1/25 ROCE 2.1% · OPM 6.2% 76% evidence 8.4/20 P/E 12.7× · PEG 1.79 65% evidence 15.8/20 RS sector 9.1% · RS bench -6.4% · 1Y 0%8 of 12 weeks ahead 100% evidence
Exact sum: 14 + 11.1 + 8.4 + 15.8 = 49.3 · Decision use: Price leads the evidence: RS versus the benchmark is -6.4%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
6Southwest Airlines Co.LUV 48.9/100Thin evidence · provisional58% evidence ASLEEP 21.8/35 Revenue — · PAT — · OPM change 8.1 pp 45% evidence 8.8/25 ROCE 1.6% · OPM 4.6% 76% evidence 9.4/20 P/E 31.5× · PEG — 15% evidence 8.9/20 RS sector 4.2% · RS bench -10.9% · 1Y 20.4%7 of 12 weeks ahead 100% evidence
Exact sum: 21.8 + 8.8 + 9.4 + 8.9 = 48.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
7Allegiant Travel CompanyALGT 43.7/100Mixed-negative evidence64% evidence ASLEEP 17.6/35 Revenue 3.3% · PAT — · OPM change 1.8 pp 62% evidence 10.6/25 ROCE 2.5% · OPM 11.1% 76% evidence 9.6/20 P/E 23.8× · PEG — 15% evidence 5.9/20 RS sector 1.5% · RS bench -13.4% · 1Y 28.9%7 of 12 weeks ahead 100% evidence
Exact sum: 17.6 + 10.6 + 9.6 + 5.9 = 43.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8Frontier Group Holdings, Inc.ULCC 42.5/100Thin evidence · provisional58% evidence ASLEEP 14.1/35 Revenue — · PAT — · OPM change -23.5 pp 45% evidence 4.5/25 ROCE -2% · OPM -28.5% 76% evidence 10.2/20 P/E 15× · PEG — 15% evidence 13.7/20 RS sector 20.4% · RS bench 3.1% · 1Y 8.1%8 of 12 weeks ahead 100% evidence
Exact sum: 14.1 + 4.5 + 10.2 + 13.7 = 42.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
9American Airlines Group Inc.AAL 41.4/100Thin evidence · provisional58% evidence ASLEEP 17.1/35 Revenue — · PAT — · OPM change 1.9 pp 45% evidence 7.5/25 ROCE 1.2% · OPM -0.3% 76% evidence 9.1/20 P/E 34.6× · PEG — 15% evidence 7.7/20 RS sector 1.6% · RS bench -13% · 1Y 2%7 of 12 weeks ahead 100% evidence
Exact sum: 17.1 + 7.5 + 9.1 + 7.7 = 41.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
10Ryanair Holdings plcRYAAY 41.2/100Mixed-negative evidence85% evidence ASLEEP 6.8/35 Revenue 6.3% · PAT -10% · OPM change -8 pp 95% evidence 14.9/25 ROCE 6.2% · OPM 13.1% 76% evidence 12.8/20 P/E 15.9× · PEG 0.35 65% evidence 6.7/20 RS sector -7.8% · RS bench -21% · 1Y -5.7%1 of 12 weeks ahead 100% evidence
Exact sum: 6.8 + 14.9 + 12.8 + 6.7 = 41.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11flyExclusive, Inc.FLYX 39.4/100Thin evidence · provisional55% evidence BASING 22.6/35 Revenue 14.3% · PAT — · OPM change 6.7 pp 62% evidence 3.8/25 ROCE -5% · OPM -10% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 3.0/20 RS sector -53.1% · RS bench -60.1% · 1Y -78.1%0 of 12 weeks ahead 70% evidence
Exact sum: 22.6 + 3.8 + 10 + 3 = 39.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
12Alaska Air Group, Inc.ALK 36.0/100Thin evidence · provisional58% evidence ASLEEP 12.9/35 Revenue — · PAT — · OPM change -2.2 pp 45% evidence 7.0/25 ROCE -1.2% · OPM -8.5% 76% evidence 8.7/20 P/E 69.4× · PEG — 15% evidence 7.4/20 RS sector -5.1% · RS bench -18.9% · 1Y -30.7%6 of 12 weeks ahead 100% evidence
Exact sum: 12.9 + 7 + 8.7 + 7.4 = 36 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
13Controladora Vuela Compañía de Aviación, S.A.B. de C.V.VLRS 32.9/100Thin evidence · provisional52% evidence ASLEEP 14.3/35 Revenue — · PAT — · OPM change -1.2 pp 45% evidence 4.5/25 ROCE -7.1% · OPM -2.7% 76% evidence 10.4/20 P/E 14.5× · PEG — 15% evidence 3.7/20 RS sector -11% · RS bench -24.2% · 1Y -6.4%2 of 12 weeks ahead 70% evidence
Exact sum: 14.3 + 4.5 + 10.4 + 3.7 = 32.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
14JetBlue Airways CorporationJBLU 30.6/100Thin evidence · provisional58% evidence ASLEEP 14.1/35 Revenue — · PAT — · OPM change -1.9 pp 45% evidence 5.2/25 ROCE -1.2% · OPM -10% 76% evidence 8.5/20 P/E 110.8× · PEG — 15% evidence 2.8/20 RS sector -6% · RS bench -19.5% · 1Y -14.5%5 of 12 weeks ahead 100% evidence
Exact sum: 14.1 + 5.2 + 8.5 + 2.8 = 30.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
15Republic Airways Holdings Inc.RJET 44.3/100Thin evidence · provisional36% evidence ASLEEP 11.6/35 Revenue — · PAT — · OPM change -3.1 pp 39% evidence 11.2/25 ROCE 4.3% · OPM 10.3% 76% evidence 11.5/20 P/E 5.8× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —2 of 12 weeks ahead 0% evidence
Exact sum: 11.6 + 11.2 + 11.5 + 10 = 44.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
16Grupo Aeroméxico, S.A.B. de C.V.AERO 42.7/100Thin evidence · provisional38% evidence ASLEEP 13.4/35 Revenue — · PAT — · OPM change -1.4 pp 45% evidence 10.4/25 ROCE 1.8% · OPM 10.6% 76% evidence 8.9/20 P/E 46.7× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —1 of 12 weeks ahead 0% evidence
Exact sum: 13.4 + 10.4 + 8.9 + 10 = 42.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
Showing 10 of 16 companies
04 · what price has already done

Market action

Delta Air Lines, Inc. has the strongest one-year price move in Airlines at +30.3%. Frontier Group Holdings, Inc. leads on Mansfield relative strength against the S&P 500 at +3.1%. 2 of 14 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-09-16.

Price and relative strength

Every company, the sector's own index and S&P 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

05 · compare level, then change

Revenue Scale & Growth Durability

Delta Air Lines, Inc. has the highest Revenue among the 16 Airlines companies compared here, at $68,287 million. United Airlines Holdings, Inc. is next at $62,902 million. LATAM Airlines Group S.A. has the highest Revenue growth at 16.7%, so level and change sit with different companies. 7 of 16 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Delta Air Lines, Inc. is the scale leader at $68,287 million, 8.6% ahead of United Airlines Holdings, Inc.. LATAM Airlines Group S.A.'s growth is 16.7% from a $15,072 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderDelta Air Lines, Inc. · $68,287 million
Gap8.6% versus #2 · United Airlines Holdings, Inc.
Persistence7/8 recent comparable periods
Coverage7/16 companies · 293 observations

Investor read: Delta Air Lines, Inc. is the scale benchmark; LATAM Airlines Group S.A. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Delta Air Lines, Inc.'s growth falls below LATAM Airlines Group S.A.'s for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Delta Air Lines, Inc. DAL$68.3B
2United Airlines Holdings, Inc. UAL$62.9B
3Ryanair Holdings plc RYAAY$15.6B
4LATAM Airlines Group S.A. LTM$15.1B
5Copa Holdings, S.A. CPA$3.8B
Revenue growthfastest growers
1LATAM Airlines Group S.A. LTM17%
2flyExclusive, Inc. FLYX14%
3Delta Air Lines, Inc. DAL10%
4Copa Holdings, S.A. CPA9.2%
5United Airlines Holdings, Inc. UAL8.5%
Revenue · company comparison
7/16 level · 7/16 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Delta Air Lines, Inc. DAL$19.8B19%Jun 2026
United Airlines Holdings, Inc. UAL$17.7B16%Jun 2026
American Airlines Group Inc. AAL$13.9B11%Jun 2026
Southwest Airlines Co. LUV$7.2B13%Jun 2026
Ryanair Holdings plc RYAAY$4.4B1.1%Jun 2026
LATAM Airlines Group S.A. LTM$4.1B22%Mar 2026
Alaska Air Group, Inc. ALK$3.3B5.2%Jun 2026
JetBlue Airways Corporation JBLU$2.2B4.7%Jun 2026
Grupo Aeroméxico, S.A.B. de C.V. AERO$1.3B13%Jun 2026
Copa Holdings, S.A. CPA$1.1B17%Mar 2026
SkyWest, Inc. SKYW$1.0B6.9%Jun 2026
Frontier Group Holdings, Inc. ULCC$992M8.8%Jun 2026
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. VLRS$770M14%Jun 2026
Allegiant Travel Company ALGT$732M4.7%Mar 2026
Republic Airways Holdings Inc. RJET$527M33%Jun 2026
flyExclusive, Inc. FLYX$96M9.1%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Alaska Air Group, Inc. · ALK

$2.0B
$1.9B
$1.7B
$2.7B
$2.8B
$2.5B
$2.2B
$2.8B
$2.8B
$2.6B
$2.2B
$2.9B
$3.1B
$3.5B
$3.1B
$3.7B
$3.8B
$3.6B
$3.3B
—

Allegiant Travel Company · ALGT

$459M
$497M
$500M
$630M
$560M
$612M
$650M
$684M
$565M
$611M
$656M
$666M
$562M
$628M
$699M
$689M
$562M
$656M
$732M
—

American Airlines Group Inc. · AAL

$9.0B
$9.4B
$8.9B
$13.4B
$13.5B
$13.2B
$12.2B
$14.1B
$13.5B
$13.1B
$12.6B
$14.3B
$13.6B
$13.7B
$12.6B
$14.4B
$13.7B
$14.0B
$13.9B
—

Copa Holdings, S.A. · CPA

$445M
$575M
$572M
$693M
$809M
$891M
$867M
$809M
$868M
$913M
$893M
$819M
$855M
$879M
$899M
$843M
$913M
$963M
$1.1B
—

Delta Air Lines, Inc. · DAL

$9.2B
$9.5B
$9.3B
$13.8B
$14.0B
$13.4B
$12.8B
$15.6B
$15.5B
$14.2B
$13.7B
$16.7B
$15.7B
$15.6B
$14.0B
$16.6B
$16.7B
$16.0B
$15.9B
$19.8B

Grupo Aeroméxico, S.A.B. de C.V. · AERO

$641M
$779M
$629M
$957M
$1.1B
$1.2B
$1.0B
$1.2B
$1.4B
$1.4B
$1.3B
$1.4B
$1.5B
$1.4B
$1.2B
$1.3B
$1.4B
$1.4B
$1.3B
—

JetBlue Airways Corporation · JBLU

$2.0B
$1.8B
$1.7B
$2.4B
$2.6B
$2.4B
$2.3B
$2.6B
$2.4B
$2.3B
$2.2B
$2.4B
$2.4B
$2.3B
$2.1B
$2.4B
$2.3B
$2.2B
$2.2B
—

LATAM Airlines Group S.A. · LTM

$1.3B
$2.0B
$1.9B
$2.2B
$2.6B
$2.7B
$2.8B
$2.6B
$3.1B
$3.3B
$3.3B
$3.0B
$3.2B
$3.3B
$3.3B
$3.2B
$3.8B
$3.9B
$4.1B
—

Ryanair Holdings plc · RYAAY

$1.8B
$1.5B
$1.2B
$3.3B
$3.3B
$2.3B
$1.8B
$4.3B
$4.3B
$2.7B
$2.2B
$3.6B
$5.1B
$3.0B
$2.3B
$4.3B
$5.5B
$3.2B
$2.5B
$4.4B

SkyWest, Inc. · SKYW

$745M
$777M
$735M
$799M
$789M
$681M
$692M
$726M
$766M
$752M
$804M
$867M
$913M
$944M
$948M
$1.0B
$1.1B
$1.0B
$1.0B
—

Southwest Airlines Co. · LUV

$4.7B
$5.1B
$4.7B
$6.7B
$6.2B
$6.2B
$5.7B
$7.0B
$6.5B
$6.8B
$6.3B
$7.4B
$6.9B
$6.9B
$6.4B
$7.2B
$6.9B
$7.4B
$7.2B
—

United Airlines Holdings, Inc. · UAL

$7.8B
$8.2B
$7.6B
$12.1B
$12.9B
$12.4B
$11.4B
$14.2B
$14.5B
$13.6B
$12.5B
$15.0B
$14.8B
$14.7B
$13.2B
$15.2B
$15.2B
$15.4B
$14.6B
$17.7B

Revenue growth · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Alaska Air Group, Inc. · ALK

—
—
—
74%
45%
31%
31%
6.8%
0.4%
3.0%
1.6%
2.1%
8.2%
38%
41%
28%
23%
2.8%
5.2%
—

Allegiant Travel Company · ALGT

—
—
—
33%
22%
23%
30%
8.6%
0.9%
-0.2%
0.9%
-2.6%
-0.5%
2.8%
6.6%
3.5%
0.0%
4.5%
4.7%
—

American Airlines Group Inc. · AAL

—
—
—
79%
50%
40%
37%
4.7%
0.2%
-1.0%
3.1%
2.0%
1.2%
4.6%
-0.2%
0.4%
0.3%
2.5%
11%
—

Copa Holdings, S.A. · CPA

—
—
—
128%
82%
55%
52%
17%
7.3%
2.5%
3.0%
1.2%
-1.5%
-3.7%
0.7%
2.9%
6.8%
9.6%
17%
—

Delta Air Lines, Inc. · DAL

—
—
—
94%
53%
42%
36%
13%
11%
5.9%
7.8%
6.9%
1.2%
9.4%
2.1%
-0.1%
6.4%
2.9%
13%
19%

Grupo Aeroméxico, S.A.B. de C.V. · AERO

—
—
—
91%
65%
50%
63%
20%
29%
18%
27%
21%
9.3%
4.2%
-9.1%
-5.6%
-4.4%
0.1%
13%
—

JetBlue Airways Corporation · JBLU

—
—
—
63%
30%
32%
34%
6.8%
-8.2%
-3.7%
-5.1%
-7.0%
0.5%
-2.1%
-3.1%
-3.0%
-1.8%
-1.5%
4.7%
—

LATAM Airlines Group S.A. · LTM

—
—
—
163%
100%
37%
45%
21%
19%
18%
18%
13%
6.2%
2.7%
2.5%
8.7%
17%
18%
22%
—

Ryanair Holdings plc · RYAAY

—
—
—
792%
85%
57%
57%
30%
30%
17%
17%
-15%
18%
9.6%
5.9%
20%
8.2%
8.6%
9.4%
1.1%

SkyWest, Inc. · SKYW

—
—
—
22%
5.9%
-12%
-5.9%
-9.1%
-2.9%
10%
16%
19%
19%
26%
18%
19%
15%
8.5%
6.9%
—

Southwest Airlines Co. · LUV

—
—
—
68%
33%
22%
22%
4.6%
4.9%
11%
11%
4.5%
5.3%
1.6%
1.6%
-1.5%
1.2%
7.4%
13%
—

United Airlines Holdings, Inc. · UAL

—
—
—
121%
66%
51%
51%
17%
12%
9.9%
9.7%
5.7%
2.5%
7.9%
5.4%
1.7%
2.6%
4.8%
11%
16%
06 · compare level, then change

Operating Economics & Margin Trend

Copa Holdings, S.A. has the highest OPM among the 16 Airlines companies compared here, at 24.6%. LATAM Airlines Group S.A. is next at 19.9%. Southwest Airlines Co. has the highest Margin change at +8.1 percentage points, so level and change sit with different companies. 16 of 16 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Copa Holdings, S.A. leads opm at 24.6%; Southwest Airlines Co. leads margin change at +8.1 percentage points.

LeaderCopa Holdings, S.A. · 24.6%
Gap23.6% versus #2 · LATAM Airlines Group S.A.
Persistence3/8 recent comparable periods
Coverage16/16 companies · 293 observations

Investor read: Copa Holdings, S.A. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Copa Holdings, S.A. CPA25%
2LATAM Airlines Group S.A. LTM20%
3Ryanair Holdings plc RYAAY13%
4SkyWest, Inc. SKYW12%
5Allegiant Travel Company ALGT11%
Margin changefastest expanders
1Southwest Airlines Co. LUV+8.1 pp
2flyExclusive, Inc. FLYX+6.7 pp
3LATAM Airlines Group S.A. LTM+3.2 pp
4American Airlines Group Inc. AAL+1.9 pp
5Allegiant Travel Company ALGT+1.8 pp
Operating margin · company comparison
16/16 level · 16/16 change
All-company data · latest reported quarter
CompanyOPMMargin changeReported
Copa Holdings, S.A. CPA25%+0.8 ppMar 2026
LATAM Airlines Group S.A. LTM20%+3.2 ppMar 2026
Ryanair Holdings plc RYAAY13%−8.0 ppJun 2026
SkyWest, Inc. SKYW12%−2.5 ppJun 2026
Allegiant Travel Company ALGT11%+1.8 ppMar 2026
Grupo Aeroméxico, S.A.B. de C.V. AERO11%−1.4 ppJun 2026
Republic Airways Holdings Inc. RJET10%−3.1 ppJun 2026
Delta Air Lines, Inc. DAL9.4%−3.2 ppJun 2026
United Airlines Holdings, Inc. UAL6.2%−2.5 ppJun 2026
Southwest Airlines Co. LUV4.6%+8.1 ppJun 2026
American Airlines Group Inc. AAL-0.3%+1.9 ppJun 2026
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. VLRS-2.7%−1.2 ppJun 2026
Alaska Air Group, Inc. ALK-8.5%−2.2 ppJun 2026
JetBlue Airways Corporation JBLU-10%−1.9 ppJun 2026
flyExclusive, Inc. FLYX-10%+6.7 ppMar 2026
Frontier Group Holdings, Inc. ULCC-29%−23.5 ppJun 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Alaska Air Group, Inc. · ALK

13%
2.1%
-12%
7.0%
2.2%
0.9%
-8.5%
12%
7.4%
1.3%
-7.4%
11%
11%
2.1%
-6.3%
7.5%
3.9%
2.1%
-8.5%
—

Allegiant Travel Company · ALGT

14%
6.7%
1.4%
4.1%
-5.5%
15%
15%
20%
-3.2%
1.7%
2.4%
5.2%
-4.7%
-42%
9.3%
-9.8%
-4.8%
10%
11%
—

American Airlines Group Inc. · AAL

6.6%
-8.3%
-19%
7.6%
6.9%
11%
3.6%
15%
-1.7%
5.0%
0.1%
9.7%
0.7%
8.3%
-2.2%
7.9%
1.1%
3.2%
-0.3%
—

Copa Holdings, S.A. · CPA

13%
28%
7.8%
6.1%
18%
25%
22%
24%
24%
24%
24%
20%
20%
23%
24%
22%
23%
22%
25%
—

Delta Air Lines, Inc. · DAL

24%
2.8%
-8.4%
11%
10%
11%
-2.2%
16%
13%
9.3%
4.5%
14%
8.9%
11%
4.1%
13%
10%
9.2%
3.2%
9.4%

Grupo Aeroméxico, S.A.B. de C.V. · AERO

2.5%
-55%
-9.4%
5.4%
9.3%
36%
6.7%
17%
19%
15%
16%
20%
22%
18%
12%
18%
18%
21%
11%
—

JetBlue Airways Corporation · JBLU

9.4%
-6.5%
-21%
-4.6%
5.4%
1.8%
-10%
9.0%
-6.6%
-2.9%
-33%
2.3%
-1.6%
0.7%
-8.1%
0.3%
-4.3%
-4.5%
-10%
—

LATAM Airlines Group S.A. · LTM

-52%
8.5%
-9.6%
-17%
-4.8%
8.0%
8.8%
8.6%
13%
9.3%
12%
8.7%
13%
14%
17%
13%
18%
33%
20%
—

Ryanair Holdings plc · RYAAY

14%
-7.9%
-15%
48%
48%
1.2%
-12%
28%
28%
-0.7%
-16%
10%
33%
1.1%
-21%
21%
36%
0.6%
-20%
13%

SkyWest, Inc. · SKYW

6.3%
4.2%
7.1%
11%
9.6%
-5.1%
-0.7%
4.4%
6.4%
3.7%
12%
14%
14%
15%
15%
16%
17%
13%
12%
—

Southwest Airlines Co. · LUV

16%
3.9%
-3.2%
17%
6.4%
-6.2%
-5.0%
11%
1.8%
-5.9%
-6.2%
5.4%
0.6%
4.0%
-3.5%
3.1%
0.5%
5.3%
4.6%
—

United Airlines Holdings, Inc. · UAL

13%
-5.0%
-18%
7.2%
11%
11%
-0.4%
11%
12%
7.3%
0.8%
13%
11%
10%
4.6%
8.7%
9.2%
9.0%
6.8%
6.2%

Margin change · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Alaska Air Group, Inc. · ALK

—
—
—
−29.0 pp
−11.0 pp
−1.2 pp
+3.5 pp
+4.9 pp
+5.2 pp
+0.4 pp
+1.1 pp
−0.8 pp
+3.7 pp
+0.8 pp
+1.1 pp
−3.6 pp
−7.2 pp
0.0 pp
−2.2 pp
—

Allegiant Travel Company · ALGT

—
—
—
−25.3 pp
−19.9 pp
+7.9 pp
+13.2 pp
+15.4 pp
+2.3 pp
−12.9 pp
−12.2 pp
−14.3 pp
−1.5 pp
−43.8 pp
+6.9 pp
−15.0 pp
−0.1 pp
+52.3 pp
+1.8 pp
—

American Airlines Group Inc. · AAL

—
—
—
+1.7 pp
+0.3 pp
+18.8 pp
+23.0 pp
+7.8 pp
−8.6 pp
−5.5 pp
−3.5 pp
−5.7 pp
+2.4 pp
+3.3 pp
−2.3 pp
−1.8 pp
+0.4 pp
−5.1 pp
+1.9 pp
—

Copa Holdings, S.A. · CPA

—
—
—
+3.2 pp
+4.5 pp
−3.4 pp
+14.5 pp
+18.0 pp
+5.8 pp
−1.2 pp
+1.9 pp
−4.6 pp
−3.3 pp
−0.3 pp
−0.4 pp
+2.2 pp
+2.9 pp
−1.4 pp
+0.8 pp
—

Delta Air Lines, Inc. · DAL

—
—
—
−0.5 pp
−13.7 pp
+8.1 pp
+6.2 pp
+5.0 pp
+2.4 pp
−1.6 pp
+6.7 pp
−2.4 pp
−3.9 pp
+1.7 pp
−0.4 pp
−1.0 pp
+1.2 pp
−1.8 pp
−0.9 pp
−3.2 pp

Grupo Aeroméxico, S.A.B. de C.V. · AERO

—
—
—
+17.5 pp
+6.8 pp
+90.6 pp
+16.1 pp
+11.1 pp
+9.2 pp
−21.2 pp
+8.8 pp
+3.3 pp
+3.8 pp
+3.1 pp
−3.5 pp
−2.3 pp
−4.6 pp
+3.2 pp
−1.4 pp
—

JetBlue Airways Corporation · JBLU

—
—
—
−14.4 pp
−4.0 pp
+8.3 pp
+10.7 pp
+13.6 pp
−12.0 pp
−4.7 pp
−22.1 pp
−6.7 pp
+5.0 pp
+3.6 pp
+24.4 pp
−2.0 pp
−2.7 pp
−5.2 pp
−1.9 pp
—

LATAM Airlines Group S.A. · LTM

—
—
—
+104.6 pp
+46.7 pp
−0.5 pp
+18.4 pp
+25.1 pp
+18.2 pp
+1.3 pp
+3.3 pp
+0.1 pp
0.0 pp
+4.2 pp
+4.6 pp
+4.6 pp
+4.7 pp
+19.7 pp
+3.2 pp
—

Ryanair Holdings plc · RYAAY

—
—
—
+129.9 pp
+33.5 pp
+9.1 pp
+2.6 pp
−19.5 pp
−19.5 pp
−1.9 pp
−3.4 pp
−18.1 pp
+4.3 pp
+1.8 pp
−5.8 pp
+11.0 pp
+3.0 pp
−0.5 pp
+1.2 pp
−8.0 pp

SkyWest, Inc. · SKYW

—
—
—
−6.4 pp
+3.3 pp
−9.3 pp
−7.8 pp
−6.7 pp
−3.2 pp
+8.8 pp
+13.1 pp
+9.4 pp
+8.0 pp
+11.6 pp
+2.3 pp
+2.6 pp
+2.2 pp
−2.2 pp
−2.5 pp
—

Southwest Airlines Co. · LUV

—
—
—
+2.4 pp
−9.3 pp
−10.1 pp
−1.8 pp
−5.9 pp
−4.6 pp
+0.3 pp
−1.2 pp
−5.9 pp
−1.2 pp
+9.9 pp
+2.7 pp
−2.3 pp
−0.1 pp
+1.3 pp
+8.1 pp
—

United Airlines Holdings, Inc. · UAL

—
—
—
+12.1 pp
−2.1 pp
+16.1 pp
+17.8 pp
+3.5 pp
+0.7 pp
−3.8 pp
+1.2 pp
+2.2 pp
−1.5 pp
+2.9 pp
+3.8 pp
−4.2 pp
−1.3 pp
−1.2 pp
+2.2 pp
−2.5 pp
07 · compare level, then change

Profit Scale & Acceleration

Delta Air Lines, Inc. has the highest Net profit among the 16 Airlines companies compared here, at $3,951 million. United Airlines Holdings, Inc. is next at $3,496 million. LATAM Airlines Group S.A. has the highest Profit growth at 51.5%, so level and change sit with different companies. 7 of 16 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Delta Air Lines, Inc. leads with $3,951 million of TTM profit, 13% above United Airlines Holdings, Inc.. LATAM Airlines Group S.A. shows 51.5% growth from a $1,685 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderDelta Air Lines, Inc. · $3,951 million
Gap13% versus #2 · United Airlines Holdings, Inc.
Persistence5/8 recent comparable periods
Coverage7/16 companies · 298 observations

Investor read: Delta Air Lines, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Delta Air Lines, Inc. DAL$4.0B
2United Airlines Holdings, Inc. UAL$3.5B
3Ryanair Holdings plc RYAAY$2.5B
4LATAM Airlines Group S.A. LTM$1.7B
5Copa Holdings, S.A. CPA$707M
Profit growthfastest growers
1LATAM Airlines Group S.A. LTM52%
2Copa Holdings, S.A. CPA16%
3United Airlines Holdings, Inc. UAL5.6%
4Ryanair Holdings plc RYAAY-10%
5Delta Air Lines, Inc. DAL-12%
Net profit · company comparison
7/16 level · 5/16 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
Delta Air Lines, Inc. DAL$1.6B-25%Jun 2026
United Airlines Holdings, Inc. UAL$805M-17%Jun 2026
Ryanair Holdings plc RYAAY$648M-38%Jun 2026
LATAM Airlines Group S.A. LTM$578M62%Mar 2026
Southwest Airlines Co. LUV$227M24%Jun 2026
Copa Holdings, S.A. CPA$212M20%Mar 2026
SkyWest, Inc. SKYW$102M1.0%Jun 2026
Allegiant Travel Company ALGT$42M31%Mar 2026
Republic Airways Holdings Inc. RJET$27M0.0%Jun 2026
Grupo Aeroméxico, S.A.B. de C.V. AERO$11M-50%Jun 2026
flyExclusive, Inc. FLYX$-13M-567%Mar 2026
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. VLRS$-107M-91%Jun 2026
Alaska Air Group, Inc. ALK$-193M-70%Jun 2026
Frontier Group Holdings, Inc. ULCC$-272M-1.9%Jun 2026
JetBlue Airways Corporation JBLU$-319M-396%Jun 2026
American Airlines Group Inc. AAL$-382M-83%Jun 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Alaska Air Group, Inc. · ALK

$194M
$18M
$-143M
$139M
$40M
$22M
$-142M
$240M
$139M
$-2M
$-132M
$220M
$236M
$71M
$-166M
$172M
$73M
$21M
$-193M
—

Allegiant Travel Company · ALGT

$39M
$11M
$-8M
$4M
$-46M
$52M
$56M
$88M
$-25M
$-2M
$-1M
$14M
$-37M
$-216M
$32M
$-65M
$-44M
$32M
$42M
—

American Airlines Group Inc. · AAL

$169M
$-932M
$-1.6B
$476M
$483M
$803M
$10M
$1.3B
$-545M
$19M
$-312M
$717M
$-149M
$590M
$-473M
$599M
$-114M
$99M
$-382M
—

Copa Holdings, S.A. · CPA

$8M
$118M
$20M
$124M
$116M
$88M
$122M
$18M
$187M
$188M
$176M
$120M
$146M
$166M
$177M
$149M
$173M
$173M
$212M
—

Delta Air Lines, Inc. · DAL

$1.2B
$-408M
$-940M
$735M
$695M
$829M
$-363M
$1.8B
$1.1B
$2.0B
$37M
$1.3B
$1.3B
$843M
$240M
$2.1B
$1.4B
$1.2B
$-289M
$1.6B

Grupo Aeroméxico, S.A.B. de C.V. · AERO

$-109M
$-469M
$-158M
$-59M
$-17M
$170M
$-28M
$28M
$179M
$94M
$104M
$242M
$195M
$75M
$22M
$68M
$97M
$165M
$11M
—

JetBlue Airways Corporation · JBLU

$130M
$-129M
$-255M
$-188M
$57M
$24M
$-192M
$138M
$-153M
$-103M
$-716M
$25M
$-60M
$-44M
$-208M
$-74M
$-143M
$-177M
$-319M
—

LATAM Airlines Group S.A. · LTM

$-694M
$-2.7B
$-381M
$-524M
$-296M
$2.6B
$121M
$144M
$271M
$84M
$260M
$145M
$303M
$307M
$357M
$242M
$381M
$484M
$578M
—

Ryanair Holdings plc · RYAAY

$224M
$-170M
$81M
$685M
$685M
$95M
$-152M
$1.1B
$1.1B
$15M
$-276M
$-110M
$1.9B
$149M
$-328M
$1.0B
$2.2B
$30M
$-396M
$648M

SkyWest, Inc. · SKYW

$10M
$4M
$18M
$54M
$48M
$-47M
$-22M
$15M
$23M
$18M
$60M
$76M
$90M
$97M
$101M
$120M
$116M
$91M
$102M
—

Southwest Airlines Co. · LUV

$446M
$68M
$-278M
$760M
$277M
$-220M
$-159M
$683M
$193M
$-252M
$-231M
$367M
$67M
$261M
$-149M
$213M
$54M
$323M
$227M
—

United Airlines Holdings, Inc. · UAL

$473M
$-646M
$-1.4B
$329M
$942M
$843M
$-194M
$1.1B
$1.1B
$600M
$-124M
$1.3B
$965M
$985M
$387M
$973M
$949M
$1.0B
$698M
$805M

Profit growth · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Alaska Air Group, Inc. · ALK

—
—
—
-65%
-79%
22%
—
73%
248%
-109%
—
-8.3%
70%
—
—
-22%
-69%
-70%
—
—

Allegiant Travel Company · ALGT

—
—
—
-96%
-218%
373%
—
2,100%
—
-104%
-102%
-84%
—
—
—
-564%
—
—
31%
—

American Airlines Group Inc. · AAL

—
—
—
2,405%
186%
—
—
181%
-213%
-98%
-3,220%
-46%
—
3,005%
—
-16%
—
-83%
—
—

Copa Holdings, S.A. · CPA

—
—
—
343%
1,350%
-25%
510%
-85%
61%
114%
44%
567%
-22%
-12%
0.6%
24%
18%
4.2%
20%
—

Delta Air Lines, Inc. · DAL

—
—
—
13%
-43%
—
—
149%
59%
146%
—
-29%
15%
-59%
549%
63%
11%
45%
-220%
-25%

Grupo Aeroméxico, S.A.B. de C.V. · AERO

—
—
—
—
—
—
—
—
—
-45%
—
764%
8.9%
-20%
-79%
-72%
-50%
120%
-50%
—

JetBlue Airways Corporation · JBLU

—
—
—
-394%
-56%
—
—
—
-368%
-529%
—
-82%
—
—
—
-396%
—
—
—
—

LATAM Airlines Group S.A. · LTM

—
—
—
—
—
—
—
—
—
-97%
115%
0.7%
12%
265%
37%
67%
26%
58%
62%
—

Ryanair Holdings plc · RYAAY

—
—
—
—
206%
—
-288%
59%
59%
-84%
—
-110%
75%
893%
—
—
16%
-80%
—
-38%

SkyWest, Inc. · SKYW

—
—
—
-13%
380%
-1,275%
-222%
-72%
-52%
—
—
407%
291%
439%
68%
58%
29%
-6.2%
1.0%
—

Southwest Airlines Co. · LUV

—
—
—
118%
-38%
-424%
—
-10%
-30%
—
—
-46%
-65%
—
—
-42%
-19%
24%
—
—

United Airlines Holdings, Inc. · UAL

—
—
—
—
99%
—
—
227%
21%
-29%
—
23%
-15%
64%
—
-26%
-1.7%
6.0%
80%
-17%
08 · compare level, then change

Return On Capital Employed

LATAM Airlines Group S.A. has the highest ROCE among the 16 Airlines companies compared here, at 8%. Ryanair Holdings plc is next at 6.2%. The same company also holds the highest ROCE change, at +1.9 percentage points. 16 of 16 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: LATAM Airlines Group S.A. leads ROCE at 8%, 1.8 percentage points above Ryanair Holdings plc. LATAM Airlines Group S.A. has the strongest latest improvement at +1.9 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderLATAM Airlines Group S.A. · 8%
Gap29% versus #2 · Ryanair Holdings plc
Persistence6/8 recent comparable periods
Coverage16/16 companies · 309 observations

Investor read: LATAM Airlines Group S.A. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1LATAM Airlines Group S.A. LTM8.0%
2Ryanair Holdings plc RYAAY6.2%
3Copa Holdings, S.A. CPA5.3%
4Republic Airways Holdings Inc. RJET4.3%
5Delta Air Lines, Inc. DAL3.6%
ROCE changefastest improvers
1LATAM Airlines Group S.A. LTM+1.9 pp
2Allegiant Travel Company ALGT+0.6 pp
3flyExclusive, Inc. FLYX+0.6 pp
4Southwest Airlines Co. LUV+0.5 pp
5Copa Holdings, S.A. CPA+0.1 pp
Return on capital · company comparison
16/16 level · 16/16 change
All-company data · latest reported quarter
CompanyROCEROCE changeReported
LATAM Airlines Group S.A. LTM8.0%+1.9 ppMar 2026
Ryanair Holdings plc RYAAY6.2%−3.3 ppJun 2026
Copa Holdings, S.A. CPA5.3%+0.1 ppMar 2026
Republic Airways Holdings Inc. RJET4.3%−1,101.9 ppJun 2026
Delta Air Lines, Inc. DAL3.6%−0.8 ppJun 2026
SkyWest, Inc. SKYW2.8%−0.2 ppJun 2026
Allegiant Travel Company ALGT2.5%+0.6 ppMar 2026
United Airlines Holdings, Inc. UAL2.1%−0.7 ppJun 2026
Grupo Aeroméxico, S.A.B. de C.V. AERO1.8%−5.0 ppJun 2026
Southwest Airlines Co. LUV1.6%+0.5 ppJun 2026
American Airlines Group Inc. AAL1.2%−1.7 ppJun 2026
Alaska Air Group, Inc. ALK-1.2%−3.6 ppJun 2026
JetBlue Airways Corporation JBLU-1.2%−1.3 ppJun 2026
Frontier Group Holdings, Inc. ULCC-2.0%−0.2 ppJun 2026
flyExclusive, Inc. FLYX-5.0%+0.6 ppMar 2026
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. VLRS-7.1%−2.2 ppJun 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Alaska Air Group, Inc. · ALK

2.5%
0.4%
-2.1%
1.9%
0.6%
0.2%
-1.9%
3.4%
2.1%
0.3%
-1.7%
3.2%
2.9%
0.6%
-1.7%
2.4%
1.1%
0.5%
-2.1%
-1.2%

Allegiant Travel Company · ALGT

2.4%
1.1%
0.2%
0.8%
-0.9%
2.6%
2.7%
3.7%
-0.5%
0.3%
0.4%
1.0%
-0.7%
-7.8%
1.9%
-2.0%
-0.8%
2.1%
2.5%
—

American Airlines Group Inc. · AAL

1.2%
-1.7%
-3.6%
2.1%
2.0%
3.0%
1.0%
4.9%
-0.5%
1.6%
0.0%
3.4%
0.2%
2.9%
-0.7%
2.9%
0.4%
1.2%
-0.1%
1.2%

Copa Holdings, S.A. · CPA

1.9%
5.2%
1.4%
1.4%
4.5%
6.6%
5.6%
6.2%
6.0%
5.8%
5.8%
4.5%
4.4%
4.9%
5.2%
4.2%
4.7%
4.4%
5.3%
—

Delta Air Lines, Inc. · DAL

4.0%
0.5%
-1.5%
3.0%
3.0%
3.0%
-0.6%
5.3%
4.3%
2.8%
1.3%
5.0%
3.0%
3.6%
1.2%
4.4%
3.4%
2.9%
1.0%
3.6%

Grupo Aeroméxico, S.A.B. de C.V. · AERO

-1.7%
58%
-19%
7.2%
14%
36%
3.0%
7.0%
9.2%
7.1%
6.9%
8.9%
11%
8.5%
4.4%
6.8%
7.4%
8.3%
3.8%
1.8%

JetBlue Airways Corporation · JBLU

1.8%
-1.1%
-3.6%
-1.1%
1.4%
0.4%
-2.5%
2.5%
-1.6%
-0.7%
-7.6%
0.6%
-0.3%
0.1%
-1.5%
0.1%
-0.8%
-0.8%
-1.8%
-1.2%

LATAM Airlines Group S.A. · LTM

-11%
3.7%
-4.9%
-18%
-6.8%
4.8%
5.5%
5.2%
9.6%
3.6%
4.5%
3.0%
4.9%
5.0%
6.1%
4.7%
7.4%
14%
8.0%
—

Ryanair Holdings plc · RYAAY

2.6%
-1.2%
-1.9%
16%
15%
0.3%
-2.4%
11%
11%
-0.2%
-3.4%
3.2%
15%
0.3%
-4.9%
9.5%
19%
0.2%
-4.9%
6.2%

SkyWest, Inc. · SKYW

0.8%
0.6%
0.9%
1.5%
1.2%
-0.6%
-0.1%
0.5%
0.8%
0.5%
1.7%
2.1%
2.3%
2.5%
2.5%
3.0%
3.1%
2.3%
2.2%
2.8%

Southwest Airlines Co. · LUV

2.6%
0.7%
-0.6%
4.4%
1.5%
-1.5%
-1.1%
3.1%
0.5%
-1.6%
-1.6%
1.7%
0.2%
1.2%
-1.0%
1.1%
0.2%
2.0%
1.8%
1.6%

United Airlines Holdings, Inc. · UAL

2.1%
-0.8%
-2.9%
1.8%
2.9%
2.8%
-0.1%
3.2%
3.6%
2.1%
0.2%
4.1%
3.2%
3.0%
1.2%
2.8%
2.8%
2.7%
1.9%
2.1%

ROCE change · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Alaska Air Group, Inc. · ALK

—
—
—
—
−1.9 pp
−0.2 pp
+0.2 pp
+1.5 pp
+1.5 pp
+0.1 pp
+0.2 pp
−0.2 pp
+0.8 pp
+0.3 pp
0.0 pp
−0.8 pp
−1.8 pp
−0.1 pp
−0.4 pp
−3.6 pp

Allegiant Travel Company · ALGT

—
—
—
—
−3.3 pp
+1.5 pp
+2.5 pp
+2.9 pp
+0.4 pp
−2.3 pp
−2.3 pp
−2.7 pp
−0.2 pp
−8.1 pp
+1.5 pp
−3.0 pp
−0.1 pp
+9.9 pp
+0.6 pp
—

American Airlines Group Inc. · AAL

—
—
—
—
+0.8 pp
+4.7 pp
+4.6 pp
+2.8 pp
−2.5 pp
−1.4 pp
−1.0 pp
−1.5 pp
+0.7 pp
+1.3 pp
−0.7 pp
−0.5 pp
+0.2 pp
−1.7 pp
+0.6 pp
−1.7 pp

Copa Holdings, S.A. · CPA

—
—
—
—
+2.6 pp
+1.4 pp
+4.2 pp
+4.8 pp
+1.5 pp
−0.8 pp
+0.2 pp
−1.7 pp
−1.6 pp
−0.9 pp
−0.6 pp
−0.3 pp
+0.3 pp
−0.5 pp
+0.1 pp
—

Delta Air Lines, Inc. · DAL

—
—
—
—
−1.0 pp
+2.5 pp
+0.9 pp
+2.3 pp
+1.3 pp
−0.2 pp
+1.9 pp
−0.3 pp
−1.3 pp
+0.8 pp
−0.1 pp
−0.6 pp
+0.4 pp
−0.7 pp
−0.2 pp
−0.8 pp

Grupo Aeroméxico, S.A.B. de C.V. · AERO

—
—
—
—
+15.4 pp
−22.5 pp
+22.0 pp
−0.2 pp
−4.5 pp
−28.8 pp
+3.9 pp
+1.9 pp
+1.7 pp
+1.4 pp
−2.5 pp
−2.1 pp
−3.5 pp
−0.2 pp
−0.6 pp
−5.0 pp

JetBlue Airways Corporation · JBLU

—
—
—
—
−0.4 pp
+1.5 pp
+1.1 pp
+3.6 pp
−3.0 pp
−1.1 pp
−5.1 pp
−1.9 pp
+1.3 pp
+0.8 pp
+6.1 pp
−0.5 pp
−0.5 pp
−0.9 pp
−0.3 pp
−1.3 pp

LATAM Airlines Group S.A. · LTM

—
—
—
—
+4.1 pp
+1.1 pp
+10.4 pp
+22.8 pp
+16.4 pp
−1.2 pp
−1.0 pp
−2.2 pp
−4.7 pp
+1.4 pp
+1.6 pp
+1.7 pp
+2.5 pp
+8.6 pp
+1.9 pp
—

Ryanair Holdings plc · RYAAY

—
—
—
—
+12.5 pp
+1.5 pp
−0.5 pp
−4.7 pp
−4.3 pp
−0.5 pp
−1.0 pp
−7.7 pp
+4.1 pp
+0.5 pp
−1.5 pp
+6.3 pp
+4.5 pp
−0.1 pp
0.0 pp
−3.3 pp

SkyWest, Inc. · SKYW

—
—
—
—
+0.4 pp
−1.2 pp
−1.0 pp
−1.0 pp
−0.4 pp
+1.1 pp
+1.8 pp
+1.6 pp
+1.5 pp
+2.0 pp
+0.8 pp
+0.9 pp
+0.8 pp
−0.2 pp
−0.3 pp
−0.2 pp

Southwest Airlines Co. · LUV

—
—
—
—
−1.1 pp
−2.2 pp
−0.5 pp
−1.3 pp
−1.0 pp
−0.1 pp
−0.5 pp
−1.4 pp
−0.3 pp
+2.8 pp
+0.6 pp
−0.6 pp
0.0 pp
+0.8 pp
+2.8 pp
+0.5 pp

United Airlines Holdings, Inc. · UAL

—
—
—
—
+0.8 pp
+3.6 pp
+2.8 pp
+1.4 pp
+0.7 pp
−0.7 pp
+0.3 pp
+0.9 pp
−0.4 pp
+0.9 pp
+1.0 pp
−1.3 pp
−0.4 pp
−0.3 pp
+0.7 pp
−0.7 pp
09 · compare level, then change

Valuation Against Growth & Quality

LATAM Airlines Group S.A. has the lowest PEG among the 16 Airlines companies compared here, at 0.2×. Delta Air Lines, Inc. is next at 0.21×. Republic Airways Holdings Inc. has the lowest P/E at 5.77×, so level and change sit with different companies. 5 of 16 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: LATAM Airlines Group S.A. has the lowest comparable PEG at 0.2×, 4.8% below Delta Air Lines, Inc.. Only 5 of 16 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderLATAM Airlines Group S.A. · 0.2×
Gap4.8% versus #2 · Delta Air Lines, Inc.
Persistence0/7 recent comparable periods
Coverage5/16 companies · 33 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
PEGlowest PEG
1LATAM Airlines Group S.A. LTM0.2
2Delta Air Lines, Inc. DAL0.2
3Ryanair Holdings plc RYAAY0.4
4Copa Holdings, S.A. CPA0.4
5United Airlines Holdings, Inc. UAL1.8
P/Elowest P/E
1Republic Airways Holdings Inc. RJET5.8
2Copa Holdings, S.A. CPA6.6
3LATAM Airlines Group S.A. LTM8.5
4SkyWest, Inc. SKYW9.9
5United Airlines Holdings, Inc. UAL12.7
Valuation · company comparison
5/16 level · 15/16 change
All-company data · latest reported quarter
CompanyPEGP/EReported
Southwest Airlines Co. LUV3.131.6Jun 2026
United Airlines Holdings, Inc. UAL1.812.7Jun 2026
Alaska Air Group, Inc. ALK0.569.4Jun 2026
SkyWest, Inc. SKYW0.59.9Jun 2026
Copa Holdings, S.A. CPA0.46.6Mar 2026
Ryanair Holdings plc RYAAY0.415.9Jun 2026
Delta Air Lines, Inc. DAL0.215.5Jun 2026
LATAM Airlines Group S.A. LTM0.28.5Mar 2026
American Airlines Group Inc. AAL—34.7Jun 2026
Grupo Aeroméxico, S.A.B. de C.V. AERO—46.7Jun 2026
Allegiant Travel Company ALGT—23.8Mar 2026
JetBlue Airways Corporation JBLU—110.8Jun 2026
Frontier Group Holdings, Inc. ULCC—15.0Jun 2026
Republic Airways Holdings Inc. RJET—5.8Jun 2026
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. VLRS—14.5Jun 2026
Full 20-quarter history · every available company

PEG · reported quarter history

Alaska Air Group, Inc. · ALK

—
—
—
—
—
—
—
—
—
—
—
0.6
0.8
—
—
0.5
—
—
—
—

Copa Holdings, S.A. · CPA

—
—
—
—
—
—
—
0.4
0.6
0.2
0.3
—
0.1
0.4
1.0
—
1.1
0.6
0.4
—

Delta Air Lines, Inc. · DAL

—
—
—
—
—
—
—
—
—
—
—
0.5
1.0
—
—
0.3
0.3
0.2
—
—

LATAM Airlines Group S.A. · LTM

—
—
—
—
—
—
—
—
—
—
—
—
—
—
0.2
—
—
0.2
—
—

Ryanair Holdings plc · RYAAY

—
—
—
—
—
—
—
—
—
0.7
—
—
—
—
—
0.4
—
0.4
—
—

SkyWest, Inc. · SKYW

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0.3
0.5
—

Southwest Airlines Co. · LUV

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
3.1
—
—

United Airlines Holdings, Inc. · UAL

—
—
—
—
—
—
—
—
—
—
—
0.6
—
0.5
0.2
0.6
0.5
1.3
—
1.8

P/E · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Alaska Air Group, Inc. · ALK

5,860.0
13.8
15.9
24.7
97.9
95.4
91.2
43.2
18.5
21.4
23.0
23.5
18.2
21.0
17.9
20.1
40.2
60.6
69.4
—

Allegiant Travel Company · ALGT

31.0
21.6
20.8
44.0
—
485.6
25.4
15.4
8.3
13.1
23.8
—
—
—
—
—
—
—
—
—

American Airlines Group Inc. · AAL

—
—
—
—
—
67.0
5.8
4.8
5.8
11.4
25.6
—
34.1
14.1
11.7
14.0
13.1
90.2
34.7
—

Copa Holdings, S.A. · CPA

—
80.3
20.9
10.0
7.4
10.6
8.2
12.8
8.5
8.3
7.6
5.9
6.3
6.0
6.3
7.2
7.4
7.4
6.6
—

Delta Air Lines, Inc. · DAL

—
88.8
50.1
31.5
255.1
16.0
11.8
10.3
7.0
5.6
7.6
8.6
8.9
11.4
7.7
7.1
8.0
9.1
9.7
15.5

Grupo Aeroméxico, S.A.B. de C.V. · AERO

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
9.2
46.7
—

JetBlue Airways Corporation · JBLU

—
—
—
—
—
—
—
110.8
—
—
—
—
—
—
—
—
—
—
—
—

LATAM Airlines Group S.A. · LTM

—
—
—
—
—
—
—
—
—
—
—
—
10.1
8.5
8.8
10.5
10.8
10.9
8.5
—

Ryanair Holdings plc · RYAAY

—
—
—
167.7
31.7
29.0
37.6
32.3
23.6
33.9
40.3
38.5
14.8
14.0
13.5
12.8
11.5
14.5
12.2
15.9

SkyWest, Inc. · SKYW

41.5
17.9
15.6
12.5
6.6
11.5
34.1
—
—
67.8
24.9
19.4
14.5
12.9
10.0
10.5
9.6
9.7
8.8
9.9

Southwest Airlines Co. · LUV

—
26.6
48.7
23.0
24.1
38.7
32.5
41.2
36.1
38.0
50.3
357.6
—
44.2
39.5
49.2
49.1
52.3
24.2
31.6

United Airlines Holdings, Inc. · UAL

—
—
—
—
—
16.9
7.6
6.8
4.9
5.2
5.9
5.5
6.9
10.3
6.3
8.0
9.7
11.0
8.2
12.7
10 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Airlines comparison names 4 specific ways its own evidence can mislead, all listed below. All 16 companies here report on comparable dates, so no rank carries a stale marker. A high growth rate can still be a low-base artefact.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
11 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 16 Airlines companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-09-16. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-09-16 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
12 · questions investors ask, short speakable answers

Airlines company comparison FAQs

These 22 answers restate the Airlines comparison above in question form. Every one is computed from the same 16 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-09-16. Nothing here is estimated, and none of it is a recommendation.

Is the Airlines sector outperforming S&P 500?

Airlines has underperformed S&P 500 by 16.8% over 52 weeks and 18.3% over 13 weeks. 2 of 14 covered companies beat the S&P 500 on Mansfield relative strength, while 9 of 14 beat the sector itself.

Which Airlines company is largest by revenue?

Delta Air Lines, Inc. leads with revenue of $68,287 million, based on 7 of 16 comparable companies through Jun 2026.

Which Airlines company is growing fastest?

LATAM Airlines Group S.A. has the fastest current revenue growth at 16.7%, across 7 of 16 comparable companies.

Which Airlines company has the strongest 4-Factor Sector Score?

LATAM Airlines Group S.A. ranks first at 76.5/100 with 81.1% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Airlines company has the lowest comparable PEG?

LATAM Airlines Group S.A. has the lowest comparable PEG at 0.2, among 5 of 16 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Airlines comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Which Airlines company is the biggest?

Among the 7 of 16 Airlines companies with comparable revenue reporting, Delta Air Lines, Inc. leads at $68,287 million. Coverage is below half the sector, so this is partial evidence, not a definitive sector ranking.

Which Airlines company has the best profit margins?

Copa Holdings, S.A. has the highest operating margin at 24.6%, from 16 of 16 comparable companies. Southwest Airlines Co. shows the biggest recent improvement, at +8.1 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Airlines company makes the most profit?

Among the 7 of 16 Airlines companies with comparable profit reporting, Delta Air Lines, Inc. leads at $3,951 million of trailing-twelve-month net profit. Coverage is below half the sector, so this is partial evidence, not a definitive sector ranking.

Which Airlines company earns the highest return on capital?

LATAM Airlines Group S.A. leads on return on capital employed at 8%, across 16 of 16 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Airlines stock is the cheapest?

On PEG — where a LOWER number is cheaper — LATAM Airlines Group S.A. screens cheapest at 0.2×. Only 5 of 16 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the Airlines sector beating the market?

Airlines has underperformed S&P 500 by 16.8% over the last 52 weeks and 18.3% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 2 of 14 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Airlines stock has the strongest price momentum?

Frontier Group Holdings, Inc. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Airlines company scores highest for research priority?

LATAM Airlines Group S.A. scores 76.5 out of 100 with 81.1% evidence confidence, from 29.5 points on growth and earnings, 16.5 on capital efficiency, 16.1 on valuation and 14.4 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Airlines companies does this comparison cover, and over what period?

It compares 16 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Airlines sector?

The 16 Airlines companies on this page carry $176,813 million of combined market value. Delta Air Lines, Inc. is the largest at $50,932 million, about 29% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-09-16.

What is the Airlines sector's P/E ratio?

The median price-to-earnings ratio across the 16 Airlines companies on this page is 15.5×, measured on the 15 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-09-16.

How is the Airlines sector performing?

2 of the 14 covered Airlines companies are beating S&P 500 on Mansfield relative strength. The sector itself is 16.8% behind S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-09-16.

How many Airlines stocks are listed in the US?

This comparison covers 16 listed Airlines companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

About

Not SEBI Registered !! Not Investment advice !!

Chat with this pageChat with pageChatChatGPTClaudePerplexityGoogle AI