American Airlines Group Inc. (AAL)
American Airlines Group Inc., through its subsidiaries, operates as a network air carrier in the United States, Latin America, Atlantic, and Pacific. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C., as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo. It also operates a mainline fleet of 1,013 aircraft. The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc. in December 2013. American Airlines Group Inc. was founded in 1926 and is headquartered in Fort Worth, Texas.
- Symbol
- AAL
- Exchange
- Nasdaq
- Sector
- Industrials
- Industry
- Airlines
- Market cap
- $8.84B
- 52 week range
- 10.09 - 18.79
Valuation
- Share price
- $13.35 (close of 2026-09-23)
- P/E (TTM)
- -27.24x
- Price to book
- -2.22x
- Price to free cash flow
- 31.01x
- Enterprise value
- $43.42B
- Book value per share
- $-6.00
Price performance
| Period | Change |
|---|
| 1 day | -1.91% |
| 5 days | +5.12% |
| 1 month | -3.40% |
| 3 months | -17.29% |
| 6 months | +23.50% |
| Year to date | -12.92% |
| 1 year | +9.52% |
| 3 years | +3.49% |
| 5 years | -36.13% |
| 10 years | -62.45% |
| All time | -30.83% |
Profitability and growth
- Return on equity
- -2.98%
- Return on invested capital
- 4.32%
- Return on assets
- 0.18%
- Return on capital employed
- 3.93%
- Gross margin
- 6.34%
- Net margin
- 0.20%
- EBITDA margin
- 6.71%
- Revenue growth
- 0.78%
- Net income growth
- -86.88%
- Free cash flow growth
- -152.31%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 3.23%
- Current ratio
- 0.53x
- Net debt to EBITDA
- 26.79x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $54.63B
- Cost of revenue
- $51.17B
- Gross profit
- $3.46B
- EBITDA
- $3.67B
- Net income
- $111.00M
- Earnings per share
- $0.17
- Shares outstanding
- 659.96M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $54.63B | $3.46B | $111.00M | $0.17 |
| 2024-12-31 | $54.21B | $4.43B | $846.00M | $1.29 |
| 2023-12-31 | $52.79B | $4.83B | $822.00M | $1.26 |
| 2022-12-31 | $48.97B | $3.42B | $127.00M | $0.20 |
| 2021-12-31 | $29.88B | $39.00M | $-1.99B | $-3.09 |
| 2020-12-31 | $17.34B | - | $-8.88B | $-18.36 |
| 2019-12-31 | $45.77B | $5.07B | $1.69B | $3.80 |
| 2018-12-31 | $44.54B | $4.18B | $1.41B | $3.04 |
| 2017-12-31 | $42.62B | $5.71B | $1.28B | $2.62 |
| 2016-12-31 | $40.14B | $6.38B | $2.58B | $4.68 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 6.34% | 0.20% | -2.98% | 4.32% |
| 2024-12-31 | 8.16% | 1.56% | -21.27% | 7.04% |
| 2023-12-31 | 9.16% | 1.56% | -15.80% | 7.86% |
| 2022-12-31 | 6.99% | 0.26% | -2.19% | 4.15% |
| 2021-12-31 | 0.13% | -6.67% | 27.15% | -2.00% |
| 2020-12-31 | - | -51.25% | 129.39% | -28.81% |
| 2019-12-31 | 11.08% | 3.68% | -1428.81% | 7.55% |
| 2018-12-31 | 9.38% | 3.17% | -835.50% | 6.51% |
| 2017-12-31 | 13.39% | 3.01% | -164.36% | 11.55% |
| 2016-12-31 | 15.90% | 6.44% | -909.86% | - |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-12-31 | $1.06B | $24.64B |
| 2024-12-31 | $902.00M | $24.62B |
| 2023-12-31 | $681.00M | $28.89B |
| 2022-12-31 | $586.00M | $31.84B |
| 2021-12-31 | $12.40B | $35.01B |
| 2020-12-31 | $6.90B | $29.32B |
| 2019-12-31 | $290.00M | $20.90B |
| 2018-12-31 | $286.00M | $20.57B |
| 2017-12-31 | $5.17B | $21.82B |
| 2016-12-31 | $6.47B | - |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $-680.00M | $57.00M |
| 2024-12-31 | $1.30B | $92.00M |
| 2023-12-31 | $1.21B | $102.00M |
| 2022-12-31 | $-373.00M | $78.00M |
| 2021-12-31 | $496.00M | $98.00M |
| 2020-12-31 | $-8.50B | $91.00M |
| 2019-12-31 | $-453.00M | $94.00M |
| 2018-12-31 | $-212.00M | $86.00M |
| 2017-12-31 | $-1.23B | $90.00M |
| 2016-12-31 | $793.00M | $100.00M |
Dividend history
- Most recent payment
- 2020-02-04
| Payment date | Dividend per share |
|---|
| 2020-02-04 | $0.10 |
| 2019-11-05 | $0.10 |
| 2019-08-06 | $0.10 |
| 2019-05-07 | $0.10 |
| 2019-02-05 | $0.10 |
| 2018-11-05 | $0.10 |
| 2018-08-06 | $0.10 |
| 2018-05-07 | $0.10 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-22
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-07-23 | Jun/2026 | $0.03 |
| 2026-04-23 | - | - |
| 2026-01-27 | - | - |
| 2025-10-23 | - | - |
| 2025-07-24 | - | - |
| 2025-04-24 | - | - |
| 2025-01-23 | - | - |
| 2024-10-24 | - | - |
Filings and sources
- Company website
- aa.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
Similar companies
Delta Air Lines, Inc. (DAL) · United Airlines Holdings, Inc. (UAL) · Southwest Airlines Co (LUV) · General Electric Co (GE) · RTX Corp (RTX) · Boeing Co (BA) · Lockheed Martin Corp (LMT) · Howmet Aerospace Inc. (HWM)
All Industrials companies
Understanding these figures
Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
Explore
Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades