Revenue
2016
2017
2018
2019
2020
2021
2022
2022
2023
2023
2024
2024
2025
| 2025 | 2024 · Dec 31 | 2024 · Sep 30 | 2023 · Dec 31 | 2023 · Sep 30 | 2022 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.35B | $1.17B | $476.4M | $1.11B | $498.1M | $1.33B | $531.0M | $503.6M | $545.1M | $723.4M | $681.6M | $643.6M | $587.8M |
| Operating expenses | $250.6M | $224.8M | $542.2M | $187.9M | $582.4M | $207.2M | $716.0M | $440.4M | $464.9M | $602.2M | $608.9M | $543.3M | $531.1M |
| Operating income | $168.3M | $137.0M | −$65.8M | $135.3M | −$84.3M | $132.3M | −$185.0M | $63.2M | $80.2M | $121.1M | $72.6M | $100.3M | $56.8M |
| Operating margin | 12.50% | 11.75% | −13.82% | 12.17% | −16.93% | 9.97% | −34.84% | 12.55% | 14.71% | 16.75% | 10.66% | 15.58% | 9.66% |
| EBITDA | $294.6M | $254.0M | −$25.8M | $294.7M | −$24.0M | $280.5M | −$103.5M | $146.0M | $162.5M | $199.1M | $137.7M | $161.3M | $102.8M |
| EBITDA margin | 21.88% | 21.79% | −5.41% | 26.51% | −4.82% | 21.13% | −19.49% | 29.00% | 29.81% | 27.53% | 20.20% | 25.07% | 17.48% |
| Net income | $76.2M | $64.6M | −$91.0M | $54.8M | −$120.1M | $67.8M | −$182.7M | $16.6M | $27.5M | $47.6M | $33.3M | $32.8M | $14.9M |
| Net profit margin | 5.66% | 5.54% | −19.10% | 4.93% | −24.12% | 5.11% | −34.40% | 3.29% | 5.04% | 6.58% | 4.88% | 5.10% | 2.54% |
| Basic EPSper basic share | $1.90 | $1.65 | -$2.21 | $1.40 | -$3.04 | $1.73 | -$5.06 | $0.46 | $0.78 | $1.37 | $1.34 | $1.41 | $1.56 |
| Diluted EPSper diluted share | $1.87 | $1.62 | -$2.21 | $1.38 | -$3.04 | $1.70 | -$5.06 | $0.43 | $0.78 | $1.36 | $1.32 | $1.40 | $0.62 |
Reported shareholders
| Holder | % owned |
|---|---|
United Airlines Holdings, Inc. | 22.86%10.49M shares |
American Airlines Group Inc. | 21.26%9.76M shares |
DELTA AIR LINES, INC. | 14.75%6.77M shares |
CONTRARIAN CAPITAL MANAGEMENT, L.L.C. | 9.47%4.35M shares |
Owl Creek Asset Management, L.P. | 9.32%4.28M shares |
BlackRock, Inc. | 2.38%1.09M shares |
PAR CAPITAL MANAGEMENT INC | 1.10%506.84K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.97%446.57K shares |
Koscal Matthew | ≈0.81%374.02K shares |
DONALD SMITH & CO., INC. | 0.60%273.13K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 0.52%237.34K shares |
Allman Joseph | ≈0.50%227.76K shares |
Kinstedt Paul | ≈0.49%225.79K shares |
GRIZZLE J DAVID | ≈0.48%218.8K shares |
STATE STREET CORP | 0.41%188.39K shares |
Pulley Chad M. | ≈0.39%178.52K shares |
NORTHERN TRUST CORP | 0.27%123.83K shares |
VANGUARD FIDUCIARY TRUST CO | 0.26%117.55K shares |
Pinnacle Holdings, LLC | 0.25%116.74K shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 0.25%112.44K shares |
Percentages use 45.89M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.