Comparison

American Airlines Group Inc. (AAL) vs SOUTHWEST AIRLINES CO (LUV)

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: -

LUV

SOUTHWEST AIRLINES CO

Airlines

Revenue, FY25: $28.06B
Net income: $441M
Operating cash flow: $1.84B
Free cash flow: −$831M
Net margin: 1.57%
Operating margin: 1.53%
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	LUV
Revenue growth, latest filed year	+0.78%	+2.11%
Piotroski F-score	5 of 8	6 of 8
P/E against its own history	-	40.42% below

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.

LUV

Cybersecurity
Litigation
Climate
Activist investors
Supply chain
Labour

And 12 more.

Tracked managers holding both

Joel Greenblatt Gotham Asset Management 0.01% · 0.07%

Updated Aug 12, 2026 · the newer of the two companies' filings