American Airlines Group
AAL Nasdaq· Passenger Airlines
Last close · Oct 26, 2026
$12.20
KIRA · Stoqly’s AI analyst, in plain words
- American Airlines Group had $54.6B of revenue in fiscal 2025, up 0.8% on the year before. Over five years, revenue changed +25.8% a year on average.
- Its operating margin was 2.7%, down 2.1 pts: of every 100 in sales, about 3 is left after running the business.
- American Airlines Group made $111M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew −30.8% a year.
- Free cash flow was −$680M in fiscal 2025, −1.2% of revenue.
- American Airlines Group returned $0.0M to shareholders in fiscal 2025. The diluted share count fell 8.4%.
- American Airlines Group owes $19.4B more than it holds in cash, about 5.3 years of operating profit.
Market cap
$8.1B
P/E
—
Revenue
$54.6B
Net income
$111M
Free cash flow
−$680M
Operating margin
2.7%
American Airlines Group in 30 seconds · fiscal 2025
Are sales growing?
+0.8%
Only a little. Sales grew 0.8% last year.
Does it make a profit?
0.2%
A little. It keeps 0.2% of every sale as profit.
Does profit turn into cash?
−1.2%
No. It spent more cash than it brought in.
Is debt under control?
5.3x
Heavy. Repaying its debt would take 5.3 years of operating profit.
How healthy are the accounts?
5 / 8
Mixed. It passes 5 of 8 health tests.
What American Airlines Group does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 18, 2026
- Legal name
- American Airlines Group Inc.
- CIK
- 0000006201
American Airlines Group · AAL
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $29.9B | $49.0B | $52.8B | $54.2B | $54.6B |
| Revenue growth | 72.4% | 63.9% | 7.8% | 2.7% | 0.8% |
| Operating margin | −3.5% | 3.3% | 5.8% | 4.8% | 2.7% |
| Net income | −$2.0B | $127M | $822M | $846M | $111M |
| Net margin | −6.7% | 0.3% | 1.6% | 1.6% | 0.2% |
| Diluted EPS | −$3.09 | $0.19 | $1.21 | $1.24 | $0.17 |
| Cash | |||||
| Cash from operations | $704M | $2.2B | $3.8B | $4.0B | $3.1B |
| Capital expenditure | $208M | $2.5B | $2.6B | $2.7B | $3.8B |
| Free cash flow | $496M | −$373M | $1.2B | $1.3B | −$680M |
| FCF margin | 1.7% | −0.8% | 2.3% | 2.4% | −1.2% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $18.0M | $21.0M | $0.0M | $0.0M | $0.0M |
| Share count change | 33.1% | 1.7% | 9.9% | 0.2% | −8.4% |
| Debt and strength | |||||
| Cash and short-term investments | $12.4B | $9.1B | $7.7B | $7.1B | $5.9B |
| Debt incl. finance leases | $35.7B | $32.6B | $29.4B | $25.3B | $25.4B |
| Shareholders' equity | −$7.3B | −$5.8B | −$5.2B | −$4.0B | −$3.7B |
| Net debt / EBITDA | 18.8x | 6.0x | 4.1x | 3.8x | 5.3x |
| Current ratio | 0.9x | 0.7x | 0.6x | 0.5x | 0.5x |
| Interest coverage | −0.6x | 0.8x | 1.4x | 1.4x | 0.9x |
| Returns and quality | |||||
| Return on capital | −5.2% | 6.5% | 13.0% | 12.5% | 5.7% |
| Piotroski F-score | 5 | 6 | 6 | 6 | 5 |
| Altman Z'' | −0.8 | −1.0 | −1.0 | −1.3 | −1.6 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$7.0M
3 insiders
Of sales under plans
50%
$3.5M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
American Airlines Group · AAL
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| American Airlines Group AAL | $8.1B | 0.8% | 2.7% | −1.2% | 5.7% | — | 5 |
| United Airlines UAL | $33.0B | 3.5% | 8.0% | 4.3% | 15.3% | 9.2x | 6 |
| Delta Air Lines DAL | $52.2B | 2.8% | 9.2% | 6.1% | 16.0% | 15.8x | 7 |
| Southwest Airlines LUV | $21.2B | 2.1% | 1.5% | −3.0% | 3.7% | 20.9x | 7 |
| Alaska Air Group ALK | $3.9B | 21.3% | 2.1% | 6.6% | 2.9% | — | 5 |
KIRA
At $12.20 a share, the company is worth $8.1B.
American Airlines Group grew sales faster than 0 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0000006201). Data updated October 22, 2026. For information only — not investment advice. Check the original filings before relying on any figure.