AERO vs RYAAY vs LUV Stock Comparison

Grupo Aeromexico, S.A.B. de C.V, Ryanair Holdings and Southwest Airlines Prices as of Oct 26, 2026 Peers: Industry group
RYAAY Ryanair Holdings Plc
$53.00 -4.2% 1M -13.9% 1Y
Market cap
$28.15B
P/E
13.6x
Revenue (TTM)
$18.19B
Div. yield
–
Airlines Industrials
8 wins
LUV Southwest Airlines Co
$42.85 +0.4% 1M +33.1% 1Y
Market cap
$21.30B
P/E
20.2x
Revenue (TTM)
$31.55B
Div. yield
–
Airlines Industrials
2 wins

Head to Head

11 decided of 12

Ryanair Holdings leads on 8 of the 12 questions below (Ryanair Holdings 8, Southwest Airlines 2, Grupo Aeromexico, S.A.B. de C.V 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAERORYAAYLUVLeader
Larger companyMarket capitalisation $2.12B $28.15B $21.30B RYAAY
Cheaper on earningsLower P/E, profitable companies only 13.3x 13.6x 20.2x AERO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 40.1x 14.8x 16.5x RYAAY
Faster revenue growthRevenue growth, trailing twelve months +8.8% +13.3% +14.5% LUV
More profitableNet margin, trailing twelve months 3.6% 11.4% 3.3% RYAAY
Better return on capitalReturn on invested capital — 16.9% 8.2% RYAAY
Less leveragedLower net debt / EBITDA -0.4x -0.7x 0.8x RYAAY
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months — -13.9% +33.1% LUV
Better 5-year returnAnnualised price return, 5 years — +4.1%/yr -1.7%/yr RYAAY
Less volatileAnnualised volatility, 1 year 54.2% 36.5% 43.6% RYAAY
Higher overall scoreMean of the five percentile scores vs peers 59/100 62/100 58/100 RYAAY

Percentile Scorecard

AERORYAAYLUV

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAERORYAAYLUV
Valuation 99 #3 of 136 58 #58 of 136 49 #70 of 136
Growth 17 #102 of 122 52 #59 of 122 88 #15 of 122
Profitability 55 #53 of 116 82 #22 of 116 42 #68 of 116
Financial Health 66 #50 of 144 73 #39 of 144 32 #98 of 144
Shareholder Returns – 43 #47 of 82 78 #19 of 82
Overall 59 62 58
  • AERO ranked among 150 companies in Transportation
  • RYAAY ranked among 150 companies in Transportation
  • LUV ranked among 150 companies in Transportation

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAERORYAAYLUVSPY
1 month -11.6%-4.2%+0.4% -0.8%
3 months -7.9%-7.8%-5.6% +3.5%
6 months -5.6%-4.6%+12.2% +7.0%
Year to date -36.2%-26.6%+3.7% +12.2%
1 year —-13.9%+33.1% +13.0%
3 years —+48.5%+91.8% +86.3%
3 years, per year —+14.1%+24.3% +23.1%
5 years —+22.0%-8.0% +68.6%
5 years, per year —+4.1%-1.7% +11.0%
10 years —+76.5%+11.6% +258.0%
10 years, per year —+5.8%+1.1% +13.6%

Risk

MeasureAERORYAAYLUVSPY
Volatility, 1Y 54.2%36.5%43.6% 12.7%
Downside volatility, 1Y 56.9%35.3%38.3% 12.7%
Beta vs S&P 500, 1Y 1.731.411.61 1.00
Return / volatility, 1Y —-0.380.76 1.02
Max drawdown, 5Y -46.0%-54.9%-57.4% -25.4%
From 52-week high -38.8%-28.2%-21.8% -1.8%
52-week high $22.91$73.82$54.80 $779.14
52-week low $12.36$51.33$29.67 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAERORYAAYLUV
P/E now vs peer median 12.8xmedian 16.1x 13.5xmedian 16.1x 19.9xmedian 16.1x
P/S now vs peer median 0.5xmedian 1.0x 1.5xmedian 1.0x 0.7xmedian 1.0x
EV/EBITDA now vs peer median 1.3xmedian 8.7x 6.1xmedian 8.7x 7.9xmedian 8.7x
P/FCF now vs peer median 3.2xmedian 11.5x 12.8xmedian 11.5x -46.7xmedian 11.5x
P/B now vs peer median -3.4xmedian 1.2x 2.6xmedian 1.2x 2.9xmedian 1.2x
PEG now vs peer median —median 0.81 3.41median 0.81 0.50median 0.81

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAERORYAAYLUV
Revenue $4.40B $18.19B $31.55B
Operating income $635.00M $2.38B $1.39B
Net income $120.00M $2.21B $1.05B
Free cash flow $630.00M $2.16B -$449.00M
EPS (diluted) $1.09 $3.90 $2.13
Cash & equivalents $965.00M $2.84B $3.62B
Total debt $5.46B $4.75B $5.89B
Shares (diluted) 145.90M 532.20M 494.00M
Enterprise value -$1.95B $11.80B $7.32B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAERORYAAYLUV
P/E 12.8x 13.5x 19.9x
P/FCF 3.2x 12.8x -46.7x
P/Operating cash flow 3.2x 6.9x 7.6x
P/S 0.5x 1.5x 0.7x
P/B -3.4x 2.6x 2.9x
P/Tangible book -3.4x 2.6x 2.9x
EV/EBITDA 1.3x 6.1x 7.9x
EV/EBIT 2.4x 10.5x 16.8x
EV/Revenue 0.4x 1.4x 0.7x
EV/FCF 2.5x 11.5x -51.8x
EV/Operating cash flow 2.5x 6.2x 8.4x
PEG (3Y EPS CAGR) – 3.41 0.50

Growth

14 metrics
MetricAERORYAAYLUV
Revenue growth (1Y) 8.8% 13.3% 14.5%
Revenue CAGR (3Y) – 12.8% 7.4%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) -2.6% 0.5% 339.7%
Operating income CAGR (3Y) – 6.2% 78.6%
Net income growth (1Y) -38.0% -4.6% 177.8%
Net income CAGR (3Y) – 6.1% 28.4%
EPS growth (1Y) -43.3% -13.5% 195.8%
EPS CAGR (3Y) – 4.0% 40.0%
Operating cash flow growth (1Y) – -1.0% 36.2%
Operating cash flow CAGR (3Y) – 0.1% -6.0%
Free cash flow growth (1Y) – -21.9% -35.2%
Free cash flow CAGR (3Y) – -7.4% 20.2%

Profitability

14 metrics
MetricAERORYAAYLUV
Gross margin – – –
EBITDA margin 27.6% 22.3% 9.4%
Operating margin 14.4% 13.1% 4.4%
Pretax margin 5.5% 13.4% 4.3%
Net margin 3.6% 11.4% 3.3%
FCF margin 14.3% 11.9% -1.4%
Operating cash flow margin 14.3% 22.1% 8.7%
Return on equity – 18.5% 14.6%
Return on assets 2.9% 9.6% 3.5%
Return on invested capital – 16.9% 8.2%
Return on capital employed 10.0% 18.7% 8.3%
Asset turnover 0.6x 0.8x 1.0x
Cash conversion (OCF / net income) 5.3x 1.8x 2.6x
Stock comp / revenue – 0.1% –

Financial Health

11 metrics
MetricAERORYAAYLUV
Debt / assets 6.4% 0.2% 19.3%
Debt / equity -0.8x 0.0x 0.8x
Net debt / EBITDA -0.4x -0.7x 0.8x
Debt / FCF 0.8x 0.0x -13.1x
Liabilities / assets 108.0% 47.8% 76.0%
Equity / assets -8.0% 52.2% 24.0%
Interest coverage 5.8x – 5.9x
Current ratio 2.0x 0.8x 0.5x
Quick ratio 1.7x 0.3x 0.4x
Cash ratio 0.9x 0.3x 0.3x
Altman Z-score – 3.37 2.21

Shareholder Returns

7 metrics
MetricAERORYAAYLUV
Dividend yield – 2.5% 1.7%
Net buyback yield – – 5.9%
Shareholder yield 0.0% 2.5% 7.6%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAERORYAAYLUV
Forward P/E 40.1xFY2026 14.8xFY2026 16.5xFY2026
EPS, next fiscal year $0.35FY2026 $3.58FY2026 $2.60FY2026
EPS growth, next FY -85.5%FY2026 -24.8%FY2026 +179.6%FY2026
EPS growth, the year after +408.6% -6.1% +58.8%
Revenue, next fiscal year $5.78BFY2026 $18.47BFY2026 $31.34BFY2026
Revenue growth, next FY +7.8%FY2026 +2.0%FY2026 +11.7%FY2026
Revenue growth, the year after +15.0% 0.0% +16.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAERORYAAYLUV
Held by institutions 65.1% 39.9% 92.9%
Institutions holding 75 410 930
Change in shares held, QoQ -1.5% -0.8% +4.4%
Institutions buying 32 192 476
Institutions selling 17 147 280
Buyers to sellers 1.88 1.31 1.70

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AERORYAAYLUV
AERO 1.00 0.46 0.38
RYAAY 0.46 1.00 0.59
LUV 0.38 0.59 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AERO, RYAAY and LUV?

Ryanair Holdings (RYAAY) is the largest by market capitalisation: Grupo Aeromexico, S.A.B. de C.V (AERO) $2.12B, Ryanair Holdings (RYAAY) $28.15B, Southwest Airlines (LUV) $21.30B.

Which stock is cheaper, AERO, RYAAY and LUV?

Grupo Aeromexico, S.A.B. de C.V (AERO) trades on the lowest price-to-earnings ratio (Grupo Aeromexico, S.A.B. de C.V (AERO) 13.3x, Ryanair Holdings (RYAAY) 13.6x, Southwest Airlines (LUV) 20.2x). On next year's consensus earnings, Ryanair Holdings (RYAAY) is cheapest (Grupo Aeromexico, S.A.B. de C.V (AERO) 40.1x, Ryanair Holdings (RYAAY) 14.8x, Southwest Airlines (LUV) 16.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Southwest Airlines (LUV) grew revenue fastest over the trailing twelve months: Grupo Aeromexico, S.A.B. de C.V (AERO) +8.8%, Ryanair Holdings (RYAAY) +13.3%, Southwest Airlines (LUV) +14.5%.

Which company is more profitable?

Ryanair Holdings (RYAAY) has the highest net margin (Grupo Aeromexico, S.A.B. de C.V (AERO) 3.6%, Ryanair Holdings (RYAAY) 11.4%, Southwest Airlines (LUV) 3.3%). On return on invested capital, Ryanair Holdings (RYAAY) leads (Ryanair Holdings (RYAAY) 16.9%, Southwest Airlines (LUV) 8.2%).

Which stock has performed better?

Over the past year Southwest Airlines (LUV) returned the most: Ryanair Holdings (RYAAY) -13.9%, Southwest Airlines (LUV) +33.1%. Over five years, Ryanair Holdings (RYAAY) compounded fastest (Ryanair Holdings (RYAAY) +4.1%/yr, Southwest Airlines (LUV) -1.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Ryanair Holdings (RYAAY) has been the steadiest (Grupo Aeromexico, S.A.B. de C.V (AERO) 54.2%, Ryanair Holdings (RYAAY) 36.5%, Southwest Airlines (LUV) 43.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AERO, RYAAY and LUV?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ryanair Holdings (RYAAY) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.