American Airlines Group Inc. (AAL) vs Alaska Air Group, Inc. (ALK)

American Airlines Group Inc. and Alaska Air Group, Inc. are both Airlines companies. American Airlines Group Inc. is the larger, with a market value of $9.0B against $4.5B — 2.0× the size. Alaska Air Group, Inc. grew revenue faster over the last twelve months: 9.79% against 7.53%. American Airlines Group Inc. has the higher net margin (−0.56% vs −1.19%) and the higher return on invested capital (3.82% vs −1.94%). Across the 18 metrics below, American Airlines Group Inc. leads on 11 and Alaska Air Group, Inc. on 7.

Valuation

Metric AAL ALK Airlines median
P/E n/m n/m 10.32
P/S 0.16 0.31 0.57
P/B n/m 1.24 2.06
Price to free cash flow 32.23 n/m 13.20
EV/EBITDA 29.43 13.73 9.68
EV/Sales 0.51 0.55 0.89
Earnings yield (3.53%) (3.81%) 2.85%
Free cash flow yield 3.10% (12.05%) 3.17%

Profitability

Metric AAL ALK Airlines median
Gross margin 21.11% 100.00% 42.57%
Operating margin 1.73% (1.52%) 4.18%
Net margin (0.56%) (1.19%) 1.85%
Free cash flow margin 0.49% (3.71%) 4.31%
Return on equity 8.31% (4.60%) 10.75%
Return on assets (0.51%) (0.85%) 1.67%
Return on invested capital 3.82% (1.94%) 3.19%

Growth

Metric AAL ALK Airlines median
Revenue growth (TTM) 7.53% 9.79% 9.79%
EPS growth (last fiscal year) (86.29%) (73.05%) —
Revenue growth, 5-year CAGR 25.80% 31.90% 25.83%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AAL ALK Airlines median
Debt to equity (7.28) 1.70 0.81
Current ratio 0.53 0.55 0.60
Net debt to EBITDA 6.09 3.10 1.42

Dividend

Metric AAL ALK Airlines median
Dividend yield — 0.37% 0.82%
Payout ratio 0.00 0.00 0.00

Size

Metric AAL ALK Airlines median
Market cap 8.95b 4.50b 3.91b

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