AAL · American Airlines Group Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.91B | - | $13.69B | $14.39B | $12.55B | - | $13.65B | $14.33B | $12.57B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $13.95B | - | $13.54B | $13.26B | $12.82B | - | $13.56B | $12.95B | $12.56B | - |
| D&A | $475.00M | - | $474.00M | $476.00M | $468.00M | - | $479.00M | $474.00M | $470.00M | - |
| Operating Income | ($41.00M) | - | $151.00M | $1.14B | ($270.00M) | - | $89.00M | $1.38B | $7.00M | - |
| Interest Expense | $397.00M | - | $432.00M | $433.00M | $497.00M | - | $480.00M | $548.00M | $497.00M | - |
| Income Tax | ($94.00M) | - | ($28.00M) | $239.00M | ($175.00M) | - | ($107.00M) | $311.00M | ($101.00M) | - |
| Net Income | ($382.00M) | - | ($114.00M) | $599.00M | ($473.00M) | - | ($149.00M) | $717.00M | ($312.00M) | - |
| EPS - Basic | ($0.58) | - | ($0.17) | $0.91 | ($0.72) | - | ($0.23) | $1.09 | ($0.48) | - |
| EPS - Diluted | ($0.58) | - | ($0.17) | $0.91 | ($0.72) | - | ($0.23) | $1.01 | ($0.48) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.00B | $1.06B | $938.00M | $931.00M | $931.00M | $902.00M | $933.00M | $740.00M | $703.00M | $681.00M |
| Accounts Receivable | $2.01B | $2.08B | $2.03B | $2.06B | $1.93B | $2.01B | $1.82B | $2.07B | $2.07B | $2.03B |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $3.61B | $2.84B | $2.83B | $3.13B | $3.11B | $2.46B | $2.62B | $3.02B | $2.93B | $2.35B |
| Current Assets | $13.98B | $12.21B | $13.25B | $15.07B | $13.60B | $13.15B | $14.46B | $14.79B | $14.54B | $13.57B |
| Total Assets | $63.74B | $61.77B | $62.14B | $63.67B | $62.61B | $61.78B | $63.53B | $64.13B | $64.38B | $63.06B |
| Current Liabilities | $28.41B | $24.49B | $24.64B | $25.77B | $26.11B | $24.30B | $25.53B | $24.61B | $24.99B | $22.06B |
| Long-term Debt | $22.93B | $24.64B | $24.54B | $24.70B | $24.22B | $24.62B | $25.85B | $27.21B | $27.85B | $28.89B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | ($4.08B) | ($3.73B) | ($3.96B) | ($3.87B) | ($4.51B) | ($3.98B) | ($4.85B) | ($4.75B) | ($5.50B) | ($5.20B) |
| Retained Earnings | ($7.11B) | ($6.73B) | ($6.83B) | ($6.72B) | ($7.32B) | ($6.84B) | ($7.43B) | ($7.28B) | ($8.00B) | ($7.69B) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.22B | - | - | - | $2.46B | - | - | - | $2.18B | - |
| Investing Cash Flow | ($2.33B) | - | - | - | ($1.20B) | - | - | - | ($1.52B) | - |
| Financing Cash Flow | ($1.95B) | - | - | - | ($1.22B) | - | - | - | ($642.00M) | - |
| CapEx | $811.00M | - | - | - | $824.00M | - | - | - | $824.00M | - |
| Free Cash Flow | $3.41B | - | - | - | $1.63B | - | - | - | $1.36B | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -0.3% | - | 1.1% | 7.9% | -2.2% | - | 0.7% | 9.7% | 0.1% | - |
| EBITDA margin | 3.1% | - | 4.6% | 11.2% | 1.6% | - | 4.2% | 13.0% | 3.8% | - |
| Net margin | -2.7% | - | -0.8% | 4.2% | -3.8% | - | -1.1% | 5.0% | -2.5% | - |
| Free cash flow margin | 24.5% | - | - | - | 13.0% | - | - | - | 10.8% | - |
| FCF / Net income | -8.93 | - | - | - | -3.45 | - | - | - | -4.35 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | 28.5% | - | - | - | 30.3% | - | - |
| Return on assets | -0.6% | - | -0.2% | 0.9% | -0.8% | - | -0.2% | 1.1% | -0.5% | - |
| Return on equity | 9.4% | - | 2.9% | -15.5% | 10.5% | - | 3.1% | -15.1% | 5.7% | - |
| Return on invested capital | -0.2% | - | 0.6% | 3.9% | -1.1% | - | 0.3% | 4.3% | 0.0% | - |
| Liquidity | ||||||||||
| Current ratio | 0.49 | 0.50 | 0.54 | 0.58 | 0.52 | 0.54 | 0.57 | 0.60 | 0.58 | 0.62 |
| Quick ratio | 0.49 | 0.50 | 0.54 | 0.58 | 0.52 | 0.54 | 0.57 | 0.60 | 0.58 | 0.62 |
| Cash ratio | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 |
| Leverage | ||||||||||
| Debt / Equity | -5.63 | -6.61 | -6.19 | -6.38 | -5.37 | -6.19 | -5.33 | -5.73 | -5.06 | -5.55 |
| Debt / Assets | 0.36 | 0.40 | 0.39 | 0.39 | 0.39 | 0.40 | 0.41 | 0.42 | 0.43 | 0.46 |
| Debt / EBITDA | 52.84 | - | 39.26 | 15.34 | 122.31 | - | 45.51 | 14.64 | 58.39 | - |
| Interest coverage | -0.1x | - | 0.3x | 2.6x | -0.5x | - | 0.2x | 2.5x | 0.0x | - |
| Equity multiplier | -15.63 | -16.57 | -15.68 | -16.45 | -13.89 | -15.54 | -13.09 | -13.51 | -11.71 | -12.12 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.22 | - | 0.22 | 0.23 | 0.20 | - | 0.21 | 0.22 | 0.20 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 53d | - | 54d | 52d | 56d | - | 49d | 53d | 60d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | 12.3x | - | - | - | 11.2x | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | 0.5x | - | 0.5x | 0.5x | 0.6x | - | 0.5x | 0.6x | 0.8x | - |
| EV / EBITDA | 66.9x | - | 49.6x | 19.4x | 152.7x | - | 56.9x | 18.6x | 78.0x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 10.8% | - | 0.3% | 0.4% | -0.2% | - | 1.2% | 2.0% | 3.1% | - |
| Revenue CAGR (3y) | 4.5% | - | 0.6% | 2.4% | 12.1% | - | 15.0% | 24.2% | 46.4% | - |
| Revenue CAGR (5y) | 28.3% | - | 34.0% | 54.7% | 8.1% | - | 2.8% | 3.7% | 3.5% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 84.8% | - | 69.7% | -18.0% | - | - | - | -36.0% | -98.4% | - |
| Net income growth (YoY) | 19.2% | - | 23.5% | -16.5% | -51.6% | - | 72.7% | -46.4% | - | - |
| EPS growth (YoY) | 19.4% | - | 26.1% | -9.9% | -50.0% | - | 72.3% | -46.3% | - | - |
| EPS CAGR (3y) | - | - | - | 10.2% | - | - | - | 222.9% | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | -7.5% | - | - |
| FCF growth (YoY) | 109.1% | - | - | - | 20.4% | - | - | - | -52.1% | - |
| FCF CAGR (5y) | 77.6% | - | - | - | - | - | - | - | 31.4% | - |
| Book value growth (YoY) | 9.6% | 6.3% | 18.4% | 18.5% | 18.0% | 23.5% | 5.5% | -8.2% | 4.7% | 10.3% |
Peer comparison
Same SIC group: Air Transportation, Scheduled
Comparing American Airlines Group Inc. against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Feb 4, 2020 | $0.1000 |
| Nov 5, 2019 | $0.1000 |
| Aug 6, 2019 | $0.1000 |
| May 7, 2019 | $0.1000 |
| Feb 5, 2019 | $0.1000 |
| Nov 5, 2018 | $0.1000 |
| Aug 6, 2018 | $0.1000 |
| May 7, 2018 | $0.1000 |
| Feb 5, 2018 | $0.1000 |
| Nov 10, 2017 | $0.1000 |
| Aug 10, 2017 | $0.1000 |
| May 12, 2017 | $0.1000 |
| Feb 9, 2017 | $0.1000 |
| Nov 3, 2016 | $0.1000 |
| Aug 3, 2016 | $0.1000 |
| May 2, 2016 | $0.1000 |
| Feb 8, 2016 | $0.1000 |
| Nov 3, 2015 | $0.1000 |
| Aug 6, 2015 | $0.1000 |
| Apr 30, 2015 | $0.1000 |
| Feb 5, 2015 | $0.1000 |
| Oct 30, 2014 | $0.1000 |
| Jul 31, 2014 | $0.1000 |