Airlines Comparative Report | UAL vs AAL vs DAL | Merlintrader

✈️ Comparative Airlines ReportComparative Airlines Report

UAL vs AAL vs DAL – Analisi Comparativa dei Big 3 delle Compagnie Aeree USAUAL vs AAL vs DAL – Comparative Analysis of US Big 3 Airlines

? Report Date:Report Date: November 12, 2025 Ora:Time: 5:37 PM CET ? WEEKLY PERFORMANCE: UAL +6.40% | AAL +4.58% | DAL +4.94%

? Snapshot Comparativo – Le 3 Maggiori Compagnie Aeree USA? Comparative Snapshot – Top 3 US Airlines

United Airlines (UAL) – Market Leader
Strongest performer this week (+6.40%) • Market Cap $31.9B • Lowest P/E (9.87) • Highest EBITDA $8.5B • Revenue growth 6.23%

American Airlines (AAL) – Weakest Position
Moderate gains (+4.58%) • Market Cap $8.81B • Highest P/E (15.34) • Lowest EBITDA $5.01B • Slowest revenue growth 2.70%

Delta Air Lines (DAL) – Balanced Profile
Strong gains (+4.94%) • Market Cap $38.82B (Largest) • Highest net income $3.46B • Largest revenue $61.64B • Best dividend yield 1.14%

United Airlines (UAL) – Market Leader
Strongest performer this week (+6.40%) • Market Cap $31.9B • Lowest P/E (9.87) • Highest EBITDA $8.5B • Revenue growth 6.23%

American Airlines (AAL) – Weakest Position
Moderate gains (+4.58%) • Market Cap $8.81B • Highest P/E (15.34) • Lowest EBITDA $5.01B • Slowest revenue growth 2.70%

Delta Air Lines (DAL) – Balanced Profile
Strong gains (+4.94%) • Market Cap $38.82B (Largest) • Highest net income $3.46B • Largest revenue $61.64B • Best dividend yield 1.14%

? Dati Prezzi Settimanali (Nov 5-12, 2025)? Weekly Price Data (Nov 5-12, 2025)

UAL
United Airlines Holdings, Inc.
NASDAQ
Prezzo AttualeCurrent Price
$98.19
Apertura SettimanaWeek Open $92.28
Guadagno SettimanaleWeekly Gain +6.40%
52-Week Range52-Week Range $91.49 → $100.62
Market CapMarket Cap $31.90B
P/E RatioP/E Ratio 9.87
EPSEPS $9.58
AAL
American Airlines Group Inc.
NASDAQ
Prezzo AttualeCurrent Price
$13.35
Apertura SettimanaWeek Open $12.76
Guadagno SettimanaleWeekly Gain +4.58%
52-Week Range52-Week Range $12.75 → $14.05
Market CapMarket Cap $8.81B
P/E RatioP/E Ratio 15.34
EPSEPS $1.29
DAL
Delta Air Lines, Inc.
NYSE
Prezzo AttualeCurrent Price
$59.08
Apertura SettimanaWeek Open $56.30
Guadagno SettimanaleWeekly Gain +4.94%
52-Week Range52-Week Range $56.03 → $60.61
Market CapMarket Cap $38.82B
P/E RatioP/E Ratio 8.38
EPSEPS $5.39

? Comparazione Finanziaria 2024 vs 2023? Financial Comparison 2024 vs 2023

MetricaMetricUALAALDALLeaderLeader
Revenue 2024Revenue 2024$57.06B$54.21B$61.64BDAL
Revenue Growth YoYRevenue Growth YoY+6.23%+2.70%+6.19%UAL
Operating IncomeOperating Income$5.10B$3.26B$6.00BDAL
Net Income 2024Net Income 2024$3.15B$0.85B$3.46BDAL
EBITDAEBITDA$8.50B$5.01B$7.92BUAL
EPSEPS$9.58$1.29$5.39UAL

? Metriche di Valutazione? Valuation Metrics

MetricaMetricUALAALDALInterpretazioneInterpretation
P/E Ratio9.8715.348.38DAL most undervalued (lowest P/E)
Market CapMarket Cap$31.90B$8.81B$38.82BDAL largest by market cap
Dividend YieldDividend Yield0.0%0.0%1.14%DAL only dividend payer
Net Profit MarginNet Profit Margin5.52%1.57%5.61%DAL & UAL healthy margins

? Classifche e Analisi? Rankings & Analysis

? Miglior Valutazione (P/E)? Best Valuation (P/E)
1st: DAL – 8.38
2nd: UAL – 9.87
3rd: AAL – 15.34
? Profittabilità (Net Income)? Profitability (Net Income)
1st: DAL – $3.46B
2nd: UAL – $3.15B
3rd: AAL – $0.85B
? Performance Settimanale? Weekly Performance
1st: UAL – +6.40%
2nd: DAL – +4.94%
3rd: AAL – +4.58%
? Dimensione Revenue? Revenue Size
1st: DAL – $61.64B
2nd: UAL – $57.06B
3rd: AAL – $54.21B
? Crescita Revenue YoY? Revenue Growth YoY
1st: UAL – +6.23%
2nd: DAL – +6.19%
3rd: AAL – +2.70%
? EBITDA Strength? EBITDA Strength
1st: UAL – $8.50B
2nd: DAL – $7.92B
3rd: AAL – $5.01B

? Prospettiva di Investimento per Stock? Investment Perspective per Stock

UAL
Caso di InvestimentoInvestment Case
✅ Positivi:
• Highest EBITDA ($8.5B)
• Highest EPS ($9.58)
• Best weekly performance (+6.40%)
• Strong revenue growth (6.23%)

⚠️ Rischi:
• No dividend yield
• Higher valuation risk
✅ Positives:
• Highest EBITDA ($8.5B)
• Highest EPS ($9.58)
• Best weekly performance (+6.40%)
• Strong revenue growth (6.23%)

⚠️ Risks:
• No dividend yield
• Higher valuation risk
AAL
Caso di InvestimentoInvestment Case
⚠️ Problemi:
• Lowest net income ($0.85B)
• Highest P/E ratio (15.34)
• Slowest revenue growth (2.70%)
• Smallest market cap ($8.81B)

✅ Opportunità:
• Turnaround potential
• Underdog positioning
⚠️ Issues:
• Lowest net income ($0.85B)
• Highest P/E ratio (15.34)
• Slowest revenue growth (2.70%)
• Smallest market cap ($8.81B)

✅ Opportunity:
• Turnaround potential
• Underdog positioning
DAL
Caso di InvestimentoInvestment Case
✅ Punti Forti:
• Lowest P/E (8.38) = best value
• Highest profitability ($3.46B)
• Only dividend payer (1.14%)
• Largest market cap ($38.82B)

⚠️ Considerazioni:
• Premium valuation vs peers
• Limited upside potential
✅ Strengths:
• Lowest P/E (8.38) = best value
• Highest profitability ($3.46B)
• Only dividend payer (1.14%)
• Largest market cap ($38.82B)

⚠️ Considerations:
• Premium valuation vs peers
• Limited upside potential

? Raccomandazioni Finali? Final Recommendations

✈️ Ranking Finale per Profilo di Investitore✈️ Final Ranking by Investor Profile

Per Investitori Conservatori (Dividend + Stabilità):
? DAL (Best choice – Only dividend payer at 1.14%, lowest P/E at 8.38, largest market cap)

Per Investitori Growth (Crescita + Momentum):
? UAL (Best growth story – Highest EBITDA $8.5B, strongest EPS $9.58, best weekly +6.40%)

Per Investitori Value/Turnaround (Upside Potential):
? DAL (Solid fundamentals with low P/E 8.38 offers safety margin)
? AAL (Speculative – Turnaround play with highest P/E 15.34, but weakest fundamentals)

Consensus Ranking: DAL > UAL > AAL (DAL = best overall value + safety + dividend)

For Conservative Investors (Dividend + Stability):
? DAL (Best choice – Only dividend payer at 1.14%, lowest P/E at 8.38, largest market cap)

For Growth Investors (Growth + Momentum):
? UAL (Best growth story – Highest EBITDA $8.5B, strongest EPS $9.58, best weekly +6.40%)

For Value/Turnaround Investors (Upside Potential):
? DAL (Solid fundamentals with low P/E 8.38 offers safety margin)
? AAL (Speculative – Turnaround play with highest P/E 15.34, but weakest fundamentals)

Consensus Ranking: DAL > UAL > AAL (DAL = best overall value + safety + dividend)