Narrative Update • Jun 05

Over the last 7 days, the Airlines industry has risen 6.3%, driven by gains from United Airlines Holdings of 9.3%. This means that the industry has gained 50% over the past year. Earnings are forecast to grow by 15% annually.
Has the U.S. Airlines Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 13 Jun 2026 | US$142.0b | US$209.8b | US$8.5b | 10.2x | 16.7x | 0.7x |
| Mon, 11 May 2026 | US$131.0b | US$211.0b | US$8.5b | 9.8x | 15.4x | 0.6x |
| Wed, 08 Apr 2026 | US$118.1b | US$205.9b | US$8.7b | 8.7x | 13.5x | 0.6x |
| Fri, 06 Mar 2026 | US$128.4b | US$209.8b | US$7.4b | 9.2x | 17.4x | 0.6x |
| Sun, 01 Feb 2026 | US$131.7b | US$209.9b | US$7.0b | 9x | 18.8x | 0.6x |
| Tue, 30 Dec 2025 | US$136.7b | US$208.0b | US$6.7b | 9.7x | 20.4x | 0.7x |
| Thu, 27 Nov 2025 | US$121.2b | US$207.7b | US$6.7b | 9.7x | 18x | 0.6x |
| Sat, 25 Oct 2025 | US$119.0b | US$205.8b | US$7.2b | 9.8x | 16.6x | 0.6x |
| Mon, 22 Sep 2025 | US$125.5b | US$204.5b | US$7.1b | 10.4x | 17.8x | 0.6x |
| Wed, 20 Aug 2025 | US$124.2b | US$204.4b | US$7.1b | 10.5x | 17.6x | 0.6x |
| Fri, 18 Jul 2025 | US$120.5b | US$209.6b | US$7.1b | 12.4x | 17x | 0.6x |
| Sun, 15 Jun 2025 | US$98.8b | US$209.3b | US$6.6b | 10.7x | 14.9x | 0.5x |
| Tue, 13 May 2025 | US$100.3b | US$204.3b | US$7.6b | 11.4x | 13.2x | 0.5x |
| Thu, 10 Apr 2025 | US$80.6b | US$201.6b | US$6.9b | 11x | 11.6x | 0.4x |
| Sat, 08 Mar 2025 | US$107.7b | US$201.1b | US$6.7b | 11x | 16.1x | 0.5x |
| Mon, 03 Feb 2025 | US$127.8b | US$199.9b | US$6.9b | 13.8x | 18.5x | 0.6x |
| Wed, 01 Jan 2025 | US$121.0b | US$196.3b | US$7.0b | 11.6x | 17.3x | 0.6x |
| Fri, 29 Nov 2024 | US$119.2b | US$196.5b | US$7.0b | 11.5x | 17x | 0.6x |
| Sun, 27 Oct 2024 | US$101.0b | US$183.4b | US$6.3b | 11.1x | 16.1x | 0.6x |
| Tue, 24 Sep 2024 | US$85.5b | US$182.6b | US$6.4b | 11.9x | 13.4x | 0.5x |
| Thu, 22 Aug 2024 | US$74.4b | US$182.6b | US$6.4b | 10x | 11.6x | 0.4x |
| Sat, 20 Jul 2024 | US$82.6b | US$182.8b | US$6.8b | 12x | 12.2x | 0.5x |
| Mon, 17 Jun 2024 | US$85.9b | US$180.8b | US$7.0b | 11.6x | 12.2x | 0.5x |
| Wed, 15 May 2024 | US$91.9b | US$180.9b | US$7.0b | 13.4x | 13.2x | 0.5x |
| Fri, 12 Apr 2024 | US$84.6b | US$191.5b | US$7.9b | 9.9x | 10.8x | 0.4x |
| Sun, 10 Mar 2024 | US$86.0b | US$190.8b | US$7.3b | 10.6x | 11.7x | 0.5x |
| Tue, 06 Feb 2024 | US$79.4b | US$190.8b | US$7.2b | 10.1x | 11x | 0.4x |
| Thu, 04 Jan 2024 | US$79.9b | US$190.8b | US$6.0b | 10.2x | 13.2x | 0.4x |
| Sat, 02 Dec 2023 | US$74.9b | US$190.7b | US$6.1b | 9.6x | 12.4x | 0.4x |
| Mon, 30 Oct 2023 | US$63.1b | US$189.3b | US$6.9b | 9.8x | 9.2x | 0.3x |
| Wed, 27 Sep 2023 | US$75.0b | US$186.0b | US$6.5b | 10.5x | 11.5x | 0.4x |
| Fri, 25 Aug 2023 | US$85.9b | US$186.2b | US$6.5b | 11.3x | 13.1x | 0.5x |
| Sun, 23 Jul 2023 | US$103.4b | US$187.3b | US$5.9b | 24x | 17.7x | 0.6x |
| Tue, 20 Jun 2023 | US$93.9b | US$171.6b | US$3.2b | 25.7x | 29.4x | 0.5x |
29.4x
Which industries have driven the changes within the U.S. Industrials industry?
| US Market | 0.81% | |
| Industrials | 1.13% | |
| Airlines | 6.27% | |
| Airlines | 6.27% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| UAL United Airlines Holdings | US$115.52 | 9.3% +US$3.2b | 56.1% | PE10.2x | |
| DAL Delta Air Lines | US$83.06 | 4.6% +US$2.4b | 76.6% | PE12.1x | |
| LUV Southwest Airlines | US$45.47 | 9.5% +US$1.9b | 43.3% | PE27.2x | |
| AAL American Airlines Group | US$14.98 | 11.0% +US$978.9m | 44.5% | PE49x | |
| ALK Alaska Air Group | US$47.32 | 10.5% +US$501.4m | -0.3% | PE72.2x |