Comparison

American Airlines Group Inc. (AAL) vs ALASKA AIR GROUP, INC. (ALK)

The same filed metrics for both companies, side by side.

What each names as a risk in its own annual report, how each is priced against its own history, and the tracked managers whose latest 13F reports a position in both.

Financials

AAL

American Airlines Group Inc.

Airlines

Revenue, FY25: $54.63B
Net income: $111M
Operating cash flow: $3.1B
Free cash flow: −$680M
Net margin: 0.20%
Operating margin: 2.69%
Gross margin: -

ALK

ALASKA AIR GROUP, INC.

Airlines

Revenue, FY25: $14.24B
Net income: $100M
Operating cash flow: $1.25B
Free cash flow: -
Net margin: 0.70%
Operating margin: 2.13%
Gross margin: -

Head-to-head

Filed growth, quality and valuation, read against each company’s own history rather than against the other side.

Metric	AAL	ALK
Revenue growth, latest filed year	+0.78%	+21.34%
Piotroski F-score	5 of 8	5 of 8
P/E against its own history	-	-

What each says it is exposed to

From Item 1A of each company’s most recent 10-K.

AAL

Cybersecurity
Litigation
Debt covenants
AI and its regulation
Goodwill impairment
Data privacy

And 19 more.

ALK

Goodwill impairment
Labour
Cybersecurity
Debt covenants
Litigation
Climate

And 9 more.

Tracked managers holding both

Joel Greenblatt Gotham Asset Management 0.01% · 0.07%

Updated Aug 4, 2026 · the newer of the two companies' filings