Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Airlines Industry Analysis

UpdatedJul 08, 2026
DataAggregated Company Financials
Companies17
  • 7D-5.2%
  • 3M25.8%
  • 1Y45.7%
  • YTD12.7%

Over the last 7 days, the Airlines industry has dropped 5.2%, driven by Delta Air Lines declining 5.4%. Over the past 12 months, the industry was up 46%. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Jul 2026US$160.7bUS$209.5bUS$8.5b11.4x18.9x0.8x
Fri, 05 Jun 2026US$136.5bUS$209.8bUS$8.5b9.3x16.1x0.7x
Sun, 03 May 2026US$121.4bUS$210.7bUS$8.8b9.1x13.9x0.6x
Tue, 31 Mar 2026US$114.9bUS$205.2bUS$8.5b8.3x13.5x0.6x
Thu, 26 Feb 2026US$139.2bUS$209.9bUS$7.3b10.8x19.1x0.7x
Sat, 24 Jan 2026US$137.6bUS$209.2bUS$7.1b9.4x19.4x0.7x
Mon, 22 Dec 2025US$138.8bUS$207.9bUS$6.7b10.1x20.7x0.7x
Wed, 19 Nov 2025US$112.6bUS$206.1bUS$6.6b8.8x17.1x0.5x
Fri, 17 Oct 2025US$127.2bUS$205.8bUS$7.2b9.8x17.7x0.6x
Sun, 14 Sep 2025US$123.8bUS$204.5bUS$7.1b10.5x17.5x0.6x
Tue, 12 Aug 2025US$113.1bUS$204.6bUS$7.1b9.3x15.9x0.6x
Thu, 10 Jul 2025US$108.2bUS$209.5bUS$6.6b11.9x16.3x0.5x
Sat, 07 Jun 2025US$103.7bUS$209.0bUS$6.6b11.5x15.6x0.5x
Mon, 05 May 2025US$93.9bUS$204.6bUS$7.3b10.5x12.9x0.5x
Wed, 02 Apr 2025US$93.4bUS$201.0bUS$6.7b11x13.9x0.5x
Fri, 28 Feb 2025US$117.1bUS$205.7bUS$5.8b12.2x20x0.6x
Sun, 26 Jan 2025US$128.5bUS$199.8bUS$6.3b12.5x20.6x0.6x
Tue, 24 Dec 2024US$120.0bUS$196.3bUS$7.0b11.8x17.2x0.6x
Thu, 21 Nov 2024US$118.0bUS$196.6bUS$7.2b11.3x16.4x0.6x
Sat, 19 Oct 2024US$101.5bUS$183.1bUS$6.4b13x15.8x0.6x
Mon, 16 Sep 2024US$83.6bUS$182.6bUS$6.4b11.5x13.1x0.5x
Wed, 14 Aug 2024US$72.1bUS$182.6bUS$6.4b10x11.3x0.4x
Fri, 12 Jul 2024US$83.4bUS$180.8bUS$7.1b12.4x11.8x0.5x
Sun, 09 Jun 2024US$88.2bUS$180.8bUS$7.0b12x12.6x0.5x
Tue, 07 May 2024US$93.3bUS$195.1bUS$7.3b9x12.8x0.5x
Thu, 04 Apr 2024US$85.7bUS$190.6bUS$7.5b10.3x11.5x0.4x
Sat, 02 Mar 2024US$86.8bUS$190.8bUS$7.2b11.1x12.1x0.5x
Mon, 29 Jan 2024US$81.6bUS$193.5bUS$7.1b10.2x11.6x0.4x
Wed, 27 Dec 2023US$85.4bUS$190.8bUS$6.0b10.9x14.2x0.4x
Fri, 24 Nov 2023US$73.0bUS$190.7bUS$6.1b9.6x12x0.4x
Sun, 22 Oct 2023US$66.5bUS$189.1bUS$7.2b10.1x9.2x0.4x
Tue, 19 Sep 2023US$79.5bUS$186.1bUS$6.5b10.4x12.2x0.4x
Thu, 17 Aug 2023US$88.7bUS$186.3bUS$6.5b12x13.6x0.5x
Sat, 15 Jul 2023US$100.5bUS$185.3bUS$5.1b24.2x19.6x0.5x
Price to Earnings Ratio

19.6x


Total Market Cap: US$100.5bTotal Earnings: US$5.1bTotal Revenue: US$185.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Airlines Industry Price to Earnings3Y Average 15x202420252026
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 18.9x which is higher than its 3-year average PE of 15.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.53x.
Past Earnings Growth
  • The earnings for companies in the Airlines industry have grown 18% per year over the last three years.
  • Revenues for these companies have grown 4.2% 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 Market-0.65%
Industrials-2.96%
Airlines-5.21%
Airlines-5.21%
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
SOAR Volato GroupUS$0.161.5%
+US$82.1k		-87.6%PS0.1x

Latest News

DAL
US$88.63
Delta Air Lines
7D
-5.4%
1Y
75.4%
LUV
US$49.43
Southwest Airlines
7D
-3.9%
1Y
45.5%
UAL
US$128.31
United Airlines Holdings
7D
-5.6%
1Y
58.0%
AAL
US$17.20
American Airlines Group
7D
-4.8%
1Y
48.5%
Narrative Update • Jul 03

AAL: Strong Fares And Lower Fuel Costs Support Balanced Forward Outlook

The analyst price target for American Airlines Group is raised by $2 to $17.61. This reflects updated views that steady demand, higher fares, and lower fuel costs can support slightly higher profit margins and a modestly higher future P/E multiple.
ALGT
US$111.14
Allegiant Travel
7D
-5.5%
1Y
103.8%
Narrative Update • Jul 01

ALGT: Sun Country Synergies And Debt Refinancing Will Shape Balanced Earnings Outlook

The analyst price target for Allegiant Travel has been raised from $100.73 to $115.77, as analysts factor in higher projected revenue growth, updated P/E assumptions, and optimism around demand trends and Sun Country acquisition synergies highlighted in recent research. Analyst Commentary Street research on Allegiant Travel has turned more constructive following the Sun Country acquisition, with several price target increases and fresh coverage pointing to a mix of optimism around earnings power and some caution on execution and sector risks.
ALK
US$49.09
Alaska Air Group
7D
-6.0%
1Y
-1.9%
Narrative Update • Jul 01

ALK: Fuel And Demand Execution Risks Will Drive Bearish Repricing

The analyst fair value estimate for Alaska Air Group has increased from $41.00 to $47.00. This change reflects a higher blended price target as analysts factor in sector-wide expectations for stronger Q2 results and guidance, which have recently led to multiple target increases across the stock.
SOAR
US$0.16
Volato Group
7D
1.5%
1Y
-87.6%
JOBY
US$8.12
Joby Aviation
7D
-9.0%
1Y
-28.7%
CPA
US$149.34
Copa Holdings
7D
-4.0%
1Y
36.6%