AAL vs ALK
American Airlines Group Inc. and Alaska AIR Group, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AAL | ALK |
|---|---|---|
| Revenue | $54.6B | $14.2B |
| Net income | $111.0M | $100.0M |
| Gross margin | · | · |
| Net margin | 0.2% | 0.7% |
| Return on equity | · | 2.4% |
| Diluted EPS | $0.17 | $0.83 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $-680.0M | · |
| Equity | $-3.7B | $4.1B |
| Net debt / equity | · | 1.14× |
| Current ratio | 0.50× | 0.50× |
| Revenue CAGR 5y | 25.8% | 31.9% |
| Profit CAGR 5y | · | · |
AAL bills 3.8× the revenue of ALK, and ALK keeps more of each dollar of revenue as profit (0.7% against 0.2%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AAL | ALK |
|---|---|---|
| FY2025 | $54.6B | $14.2B |
| FY2024 | $54.2B | $11.7B |
| FY2023 | $52.8B | $10.4B |
| FY2022 | $49.0B | $9.6B |
| FY2021 | $29.9B | $6.2B |
| FY2020 | $17.3B | $3.6B |
| FY2019 | $45.8B | $8.8B |
| FY2018 | $44.5B | $8.3B |
| FY2017 | $42.6B | $7.9B |
| FY2016 | $40.1B | $5.9B |
Bottom line
| Fiscal year | AAL | ALK |
|---|---|---|
| FY2025 | $111.0M | $100.0M |
| FY2024 | $846.0M | $395.0M |
| FY2023 | $822.0M | $235.0M |
| FY2022 | $127.0M | $58.0M |
| FY2021 | $-2.0B | $478.0M |
| FY2020 | $-8.9B | $-1.3B |
| FY2019 | $1.7B | $769.0M |
| FY2018 | $1.4B | $437.0M |
| FY2017 | $1.3B | $960.0M |
| FY2016 | $2.6B | $797.0M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$40,394,000,000 | AAL |
| FY2024 | +$42,476,000,000 | AAL |
| FY2023 | +$42,362,000,000 | AAL |
| FY2022 | +$39,325,000,000 | AAL |
| FY2021 | +$23,706,000,000 | AAL |
| FY2020 | +$13,771,000,000 | AAL |
| FY2019 | +$36,987,000,000 | AAL |
| FY2018 | +$36,277,000,000 | AAL |
| FY2017 | +$34,728,000,000 | AAL |
| FY2016 | +$34,217,000,000 | AAL |
| FY2015 | +$40,990,000,000 | AAL |
| FY2014 | +$42,650,000,000 | AAL |
| FY2013 | +$26,743,000,000 | AAL |
| FY2012 | +$24,855,000,000 | AAL |
| FY2011 | +$23,979,000,000 | AAL |
| FY2010 | +$18,338,000,000 | AAL |
| FY2009 | +$16,517,200,000 | AAL |
| FY2008 | +$20,103,400,000 | AAL |
AAL has reported the higher revenue in every one of these 18 fiscal years. The gap has widened since the earliest year compared.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
13 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −0.5 pp | ALK |
| FY2024 | −1.8 pp | ALK |
| FY2023 | −0.7 pp | ALK |
| FY2022 | −0.3 pp | ALK |
| FY2021 | −14.4 pp | ALK |
| FY2020 | −14.1 pp | ALK |
| FY2019 | −5.1 pp | ALK |
| FY2018 | −2.1 pp | ALK |
| FY2017 | −9.2 pp | ALK |
| FY2016 | −7.0 pp | ALK |
| FY2010 | −8.7 pp | ALK |
| FY2009 | −10.9 pp | ALK |
| FY2008 | −5.2 pp | ALK |
ALK has kept the higher net margin in every one of these 13 fiscal years.
13 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AAL's net margin has been more volatile than ALK's over the 13 comparable fiscal years — 14.3 percentage points of standard deviation against 12.1.
13 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
ALK led in net margin in every one of the 13 comparable fiscal years — a structural lead, not a recent swing.
13 of 18 comparable fiscal years — a year missing data on either side is not counted.