American Airlines Group vs Southwest Airlines
American Airlines Group is the larger business, with $54.63bn of revenue in fiscal 2025 against $28.06bn for Southwest Airlines (1.9 times as much). Southwest Airlines grew faster (2.1% against 0.8%). Southwest Airlines kept more of each dollar of sales as profit: a net margin of 1.6% against 0.2%.
| Latest fiscal year | American Airlines GroupAAL, 2025 | Southwest AirlinesLUV, 2025 |
|---|---|---|
| Revenue | $54.63bn | $28.06bn |
| Revenue growth | 0.8% | 2.1% |
| Net income | $111m | $441m |
| Operating margin | 2.7% | 1.5% |
| Net margin | 0.2% | 1.6% |
| Return on equity | — | 4.8% |
| Free cash flow | −$680m | −$831m |
| Cash | $1.06bn | $3.23bn |
| Total debt | $29.01bn | $4.93bn |
| Debt to equity | — | 61.8% |
| Dividend per share | — | $0.72 |
| Dividend yield | — | 1.6% |
| Share buybacks | — | $2.55bn |
| Employees | — | — |
| Market value | $8.49bn | $21.52bn |
| Price vs our value range | — | — |
| Moat score | 16 (Weak) | 33 (Weak) |
| Insider trades, 12 months | 0 buys, 11 sales | 0 buys, 2 sales |