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U.S. Airlines Industry Analysis

UpdatedJun 16, 2026
DataAggregated Company Financials
Companies16
  • 7D9.9%
  • 3M22.7%
  • 1Y47.2%
  • YTD8.1%

In the last week, the Airlines industry is up 9.9%, with United Airlines Holdings up 14%. This takes the industry's 12 month performance to a gain of 47%. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

Has the U.S. Airlines Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Jun 2026US$144.4bUS$209.8bUS$8.5b10.6x17x0.7x
Fri, 15 May 2026US$126.2bUS$211.0bUS$8.5b9.5x14.8x0.6x
Sun, 12 Apr 2026US$122.5bUS$208.1bUS$8.2b9.6x14.9x0.6x
Tue, 10 Mar 2026US$117.4bUS$209.8bUS$7.4b9x15.9x0.6x
Thu, 05 Feb 2026US$141.7bUS$209.8bUS$7.0b9.7x20.2x0.7x
Sat, 03 Jan 2026US$135.4bUS$207.9bUS$6.7b9.9x20.2x0.7x
Mon, 01 Dec 2025US$124.7bUS$207.8bUS$6.7b9.7x18.6x0.6x
Wed, 29 Oct 2025US$121.9bUS$206.5bUS$7.0b9.5x17.4x0.6x
Fri, 26 Sep 2025US$121.7bUS$204.5bUS$7.1b9.9x17.2x0.6x
Sun, 24 Aug 2025US$125.1bUS$204.5bUS$7.1b10.8x17.7x0.6x
Tue, 22 Jul 2025US$122.8bUS$209.6bUS$7.1b12.2x17.3x0.6x
Thu, 19 Jun 2025US$98.5bUS$209.1bUS$6.6b10.6x14.9x0.5x
Sat, 17 May 2025US$101.9bUS$204.5bUS$7.6b11.4x13.5x0.5x
Mon, 14 Apr 2025US$84.9bUS$202.0bUS$6.9b9.1x12.2x0.4x
Wed, 12 Mar 2025US$98.9bUS$188.0bUS$5.9b11.8x16.7x0.5x
Fri, 07 Feb 2025US$128.9bUS$199.9bUS$6.7b13.6x19.3x0.6x
Sun, 05 Jan 2025US$120.0bUS$196.2bUS$7.0b11.4x17.2x0.6x
Tue, 03 Dec 2024US$120.3bUS$196.5bUS$7.0b11.6x17.2x0.6x
Thu, 31 Oct 2024US$104.2bUS$183.5bUS$6.4b11.5x16.2x0.6x
Sat, 28 Sep 2024US$92.5bUS$182.6bUS$6.4b11.9x14.4x0.5x
Mon, 26 Aug 2024US$77.1bUS$182.6bUS$6.4b10.6x12x0.4x
Wed, 24 Jul 2024US$82.7bUS$182.8bUS$6.8b12.3x12.2x0.5x
Fri, 21 Jun 2024US$87.1bUS$180.8bUS$7.1b12.5x12.3x0.5x
Sun, 19 May 2024US$91.7bUS$180.8bUS$7.1b12.2x13x0.5x
Tue, 16 Apr 2024US$83.9bUS$191.4bUS$7.9b9.5x10.7x0.4x
Thu, 14 Mar 2024US$82.8bUS$190.8bUS$7.3b10.2x11.3x0.4x
Sat, 10 Feb 2024US$84.2bUS$190.8bUS$7.3b11.2x11.6x0.4x
Mon, 08 Jan 2024US$84.3bUS$190.8bUS$6.0b10.5x14x0.4x
Wed, 06 Dec 2023US$77.9bUS$190.7bUS$6.1b9.6x12.8x0.4x
Fri, 03 Nov 2023US$63.1bUS$189.1bUS$6.8b9.9x9.3x0.3x
Sun, 01 Oct 2023US$75.8bUS$186.0bUS$6.5b10.8x11.6x0.4x
Tue, 29 Aug 2023US$85.5bUS$186.2bUS$6.5b11.4x13.1x0.5x
Thu, 27 Jul 2023US$98.9bUS$187.4bUS$6.0b23.1x16.5x0.5x
Sat, 24 Jun 2023US$92.3bUS$183.2bUS$4.0b21.5x23.1x0.5x
Price to Earnings Ratio

23.1x


Total Market Cap: US$92.3bTotal Earnings: US$4.0bTotal Revenue: US$183.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Airlines Industry Price to Earnings3Y Average 15.2x202420252026
Current Industry PE
  • Investors are optimistic on the American Airlines industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 17.0x which is higher than its 3-year average PE of 15.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.52x.
Past Earnings Growth
  • The earnings for companies in the Airlines industry have grown 28% per year over the last three years.
  • Revenues for these companies have grown 4.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Industrials industry?

US Market2.20%
Industrials2.53%
Airlines9.95%
Airlines9.95%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
UAL United Airlines HoldingsUS$118.518.1%
+US$2.9b		60.9%PE10.5x
LUV Southwest AirlinesUS$47.439.9%
+US$2.1b		50.9%PE28.4x
DAL Delta Air LinesUS$83.142.4%
+US$1.3b		75.7%PE12.1x
AAL American Airlines GroupUS$15.7111.5%
+US$1.1b		48.8%PE51.4x
ALK Alaska Air GroupUS$49.118.8%
+US$443.5m		5.2%PE75x

Latest News

DAL
US$83.14
Delta Air Lines
7D
2.4%
1Y
75.7%
ALGT
US$95.92
Allegiant Travel
7D
10.6%
1Y
83.5%
Analysis Article • 17h

Allegiant Travel (ALGT) Stock Could Be 5% Undervalued After $650 Million Debt Refinance

Allegiant Travel (ALGT) stock is in focus after the company completed an upsized private offering of $650 million in 7.125% senior secured notes due 2031, aimed at refinancing existing debt. See our latest analysis for Allegiant Travel. The recent upsized notes offering comes at a time when Allegiant Travel's 30 day share price return of 27.16% and 7 day share price return of 15.71% point to building momentum, while the 1 year total shareholder return of 75.61% contrasts with weaker 3 and 5...
SKYW
US$92.02
SkyWest
7D
4.8%
1Y
-4.6%
Narrative Update • Jun 16

SKYW: Completed Buybacks And Stable Long Term Assumptions Will Support Future Upside

Analysts have reduced their price targets on SkyWest by $6 and $8 respectively, reflecting updated views on the stock's risk and return profile, while core valuation inputs such as fair value and long term growth and margin assumptions remain broadly consistent. Analyst Commentary Recent research on SkyWest centers on how the updated price targets better align with perceived risks, while keeping the core long term story mostly intact.
CPA
US$143.36
Copa Holdings
7D
5.9%
1Y
38.3%
UAL
US$118.51
United Airlines Holdings
7D
8.1%
1Y
60.9%
AAL
US$15.71
American Airlines Group
7D
11.5%
1Y
48.8%
LUV
US$47.43
Southwest Airlines
7D
9.9%
1Y
50.9%
SOAR
US$0.19
Volato Group
7D
-6.5%
1Y
-88.0%
ALK
US$49.11
Alaska Air Group
7D
8.8%
1Y
5.2%
JTAI
US$6.17
Jet.AI
7D
-21.0%
1Y
-99.1%
FLYX
US$2.04
flyExclusive
7D
-15.4%
1Y
-18.4%