Annual Revenue Comparison: Lockheed Martin Corporation vs American Airlines Group Inc.

Lockheed Martin vs. American Airlines: A Decade of Revenue Trends

__timestampAmerican Airlines Group Inc.Lockheed Martin Corporation
Wednesday, January 1, 20144265000000045600000000
Thursday, January 1, 20154099000000046132000000
Friday, January 1, 20164018000000047248000000
Sunday, January 1, 20174220700000051048000000
Monday, January 1, 20184454100000053762000000
Tuesday, January 1, 20194576800000059812000000
Wednesday, January 1, 20201733700000065398000000
Friday, January 1, 20212988200000067044000000
Saturday, January 1, 20224897100000065984000000
Sunday, January 1, 20235278800000067571000000
Monday, January 1, 202471043000000
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Unlocking the unknown

A Tale of Two Giants: Lockheed Martin vs. American Airlines

In the ever-evolving landscape of American industry, Lockheed Martin Corporation and American Airlines Group Inc. stand as titans in their respective fields. Over the past decade, these companies have showcased contrasting revenue trajectories, reflecting broader economic trends and sector-specific challenges.

From 2014 to 2023, Lockheed Martin's revenue soared by approximately 48%, reaching a peak in 2023. This growth underscores the company's robust position in the defense sector, driven by increased government contracts and global demand for advanced aerospace technology.

Conversely, American Airlines experienced a turbulent journey. The airline's revenue plummeted by nearly 60% in 2020, a stark reminder of the pandemic's impact on travel. However, a remarkable recovery followed, with revenues rebounding by over 200% by 2023, highlighting the resilience of the aviation industry.

As we look to the future, these trends offer valuable insights into the resilience and adaptability of these industry leaders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025