Owner Scorecard


The groupings / Industrials / Airlines

A grouping · a comparative table

Airlines

18 companies across the library’s three pools, one row each. The columns are the line items this kind of business is read on; each header names its basis, and the margins and returns are medians over each company’s readable record — the through-cycle level, never one year’s print. Rows open largest first by latest-year revenue, and every column sorts both ways — the re-ordering is the reader’s own act, and a sorted view keeps its order in the address bar. The company stays in view as the columns scroll. A dash is a figure that could not be read; n/a is one that does not apply to that member; both sit at the back of a sorted column.

As a group: median revenue $12.7B; median gross margin 16.5%; median operating margin 8.5%; median owner earnings $842M; median return on invested capital 7.4%; 3 of 17 hold net cash. Medians of this table’s own columns, over the members each applies to · data as of August 17, 2026.

Pick two to four to weigh side by side. Compare these →
latest fiscal year, USD median over the record median over the record op. cash − maintenance capex · latest FY, USD after tax · median over the record debt − cash & ST investments · latest FY, USD
DAL Delta Air Lines Inc. Airlines $63.4B9.6%$5.9B16.5%$11.1B
UAL United Airlines Holdings Airlines $59.1B7.9%$5.5B11.9%$9.0B
AAL American Airlines Group Airlines $54.6B5.3%$899M8.0%$27.5B
LUV Southwest Airlines Co. Airlines $28.1B7.6%$282M11.3%$7.2B
RYAAY Ryanair Holdings plc Airlines $16.2B13.3%$3.1B20.8%+$2.5B cash
9202 ANA Holdings Airlines $16.0B18.4% · 4y8.1%$1.7B8.5%+$2.6B cash
LTM LATAM Airlines Group S.A. Airlines $14.3B22.0%9.1%$2.0B4.1%$5.2B
ALK Alaska Air Airlines $14.2B6.3%$940M6.7%$4.7B
9201 Japan Airlines Airlines $12.7B8.8%11.1%$178M
JBLU JetBlue Airways Corporation Airlines $9.1B-1.9%($782M)-1.9%$6.4B
SKYW SkyWest Inc. Airlines $4.1B14.7%11.1%$908M5.8%$2.3B
ULCC Frontier Group Holdings Inc. Airlines $3.7B-1.4%($600M)-23.6%+$57M cash
CPA Copa Holdings S.A. Airlines $3.6B14.0%$785M15.1%$592M
ALGT Allegiant Travel Company Airlines $2.6B11.7%$141M6.2%$1.0B
RJET Republic Airways Holdings Inc. Airlines $1.7B10.3%$196M5.5%$872M
VTOL Bristow Group Inc. Airlines $1.5B2.3%$128M1.7%$385M
UP Wheels Up Experience Inc. Airlines $736M7.5%-27.6%($227M)-204.3% · 2y$201M
AZUL Azul S.A. Airlines as filed: R$21.6B9.0%as filed: (R$1.4B)87.5% · 2y

Every figure is recomputed from the company’s own SEC or EDINET filings, the same way as on its page; the columns name facts, weigh nothing, and form no rank. Foreign filers are stated in US dollars at the dated reference rate (as of 2026-08-20) so each money column sorts on one basis; their own pages keep the records as filed. A foreign filer whose conversion terms are missing shows its money as filed and sorts to the back of the column — never a guessed conversion. Ratios and margins are currency-free.