Owner Scorecard


← The groupings

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 $12.4B; median gross margin 15.4%; median operating margin 8.3%; median owner earnings $842M; median return on invested capital 6.5%; 3 of 17 hold net cash. Medians of this table’s own columns, over the members each applies to · data as of July 9, 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 $63.4B9.5%$5.9B16.1%$11.1B
UAL United Airlines Holdings Airlines $59.1B7.8%$5.5B11.9%$9.0B
AAL American Airlines Group Airlines $54.6B4.8%$899M7.6%$22.8B
LUV Southwest Airlines Co. Airlines $28.1B4.3%$282M8.1%$7.2B
RYAAY Ryanair Holdings plc Airlines $16.0B13.3%$3.1B19.3%+$2.5B cash
9202 ANA Holdings Airlines $15.6B18.3%8.0%$1.7B8.4%+$2.6B cash
LTM LATAM Airlines Group S.A. Airlines $14.3B21.4%9.0%$2.0B4.1%$5.2B
ALK Alaska Air Airlines $14.2B4.9%$940M5.1%$3.4B
9201 Japan Airlines Airlines $12.4B8.5%10.3%$174M
JBLU JetBlue Airways Corporation Airlines $9.1B-2.4%($782M)-2.6%$6.4B
SKYW SkyWest Inc. Airlines $4.1B12.4%10.2%$908M4.0%$1.8B
ULCC Frontier Group Holdings Inc. Airlines $3.7B-1.4%($600M)-27.1%+$57M cash
CPA Copa Holdings S.A. Airlines $3.6B12.8%$785M15.1%$592M
ALGT Allegiant Travel Company Airlines $2.3B9.5%$141M4.7%$1.0B
VTOL Bristow Group Inc. Airlines $1.5B-0.2%$128M1.7%$385M
RJET Republic Airways Holdings Inc. Airlines $1.3B12.2%$196M5.5%$798M
UP Wheels Up Experience Inc. Airlines $736M7.5%-27.6%($227M)$201M
AZUL Azul S.A. Airlines as filed: R$21.6B9.0%as filed: (R$1.4B)

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 2026-07-17) 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.