Stocks Comparison
American Airlines vs Southwest Airlines: revenue, profit, margins and growth compared
American Airlines brought in $54.6B of revenue in fiscal 2025, Southwest Airlines $28.1B in fiscal 2025. Revenue changed by +0.8% at American Airlines and +2.1% at Southwest Airlines on the year before, so Southwest Airlines grew faster. American Airlines kept 0.2% of its revenue as net profit, Southwest Airlines 1.6%. Free cash flow was -$680M at American Airlines and -$831M at Southwest Airlines.
Side by side, latest fiscal year
| AAL | LUV | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $54.6B | $28.1B |
| Revenue growth | +0.8% | +2.1% |
| Net income | $111M | $441M |
| Net margin | 0.2% | 1.6% |
| Free cash flow | -$680M | -$831M |
| Free cash flow margin | -1.2% | -3.0% |
| Earnings per share (diluted) | $0.17 | $0.79 |
| Cash | $1.1B | $3.2B |
| Debt | $24.6B | $4.9B |
| Price to earnings | 81.6 | 54.0 |
| Market value | $9.2B | $20.9B |
| Dividend yield | n/a | 1.69% |
| Rank by revenue in sector | #17 of 778 · Consumer discretionary | #36 of 778 · Consumer discretionary |
Over the years
Questions about American Airlines and Southwest Airlines
Which is bigger by revenue, American Airlines or Southwest Airlines?
American Airlines is bigger by revenue: $54.6B in fiscal 2025, against $28.1B for Southwest Airlines in fiscal 2025.
Which keeps more of its revenue as profit, American Airlines or Southwest Airlines?
American Airlines had a net margin of 0.2% in fiscal 2025; Southwest Airlines had 1.6% in fiscal 2025.
Which grew revenue faster, American Airlines or Southwest Airlines?
In their latest fiscal years revenue changed by +0.8% at American Airlines and +2.1% at Southwest Airlines.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.