AAL
American Airlines Group
NASDAQ: AAL · INDUSTRIALS · AIRLINES
$12.94
+4.61% today
Updated 2026-05-06
Market cap
$7.83B
P/E ratio
38.21
P/S ratio
0.14x
EPS (TTM)
$0.31
Dividend yield
—
52W range
$10 – $17
Volume
68.7M
American Airlines Group (AAL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.56B | $22.93B | $23.77B | $19.92B | $22.17B | $23.98B | $24.86B | $26.74B | $42.65B | $40.99B | $40.14B | $42.62B | $44.54B | $45.77B | $17.34B | $29.88B | $48.97B | $52.79B | $54.21B | $54.63B |
| Revenue growth (YoY) | — | +1.6% | +3.6% | -16.2% | +11.3% | +8.2% | +3.7% | +7.6% | +59.5% | -3.9% | -2.1% | +6.2% | +4.5% | +2.8% | -62.1% | +72.4% | +63.9% | +7.8% | +2.7% | +0.8% |
| Cost of revenue | $5.99B | $6.39B | $8.98B | $5.46B | $18.16B | $20.52B | $20.59B | $20.66B | $31.94B | $27.97B | $28.42B | $31.29B | $34.49B | $34.64B | $24.56B | $29.86B | $39.93B | $40.98B | $42.75B | $44.16B |
| Gross profit | $16.57B | $16.54B | $14.79B | $14.46B | $4.01B | $3.46B | $4.27B | $6.08B | $10.71B | $13.02B | $11.73B | $11.33B | $10.05B | $11.13B | $-7.23B | $27.00M | $9.04B | $11.81B | $11.46B | $10.47B |
| Gross margin | 73.4% | 72.1% | 62.2% | 72.6% | 18.1% | 14.4% | 17.2% | 22.8% | 25.1% | 31.8% | 29.2% | 26.6% | 22.6% | 24.3% | -41.7% | 0.1% | 18.5% | 22.4% | 21.1% | 19.2% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $6.81B | $6.77B | $6.66B | $6.81B | $6.85B | $7.57B | — | — | — | — | — | — | $1.52B | $1.60B | $513.00M | $1.10B | $1.81B | $1.80B | $1.81B | $2.00B |
| Operating income | $1.06B | $965.00M | $-1.89B | $-1.00B | $308.00M | $-1.04B | $148.00M | $1.40B | $4.25B | $6.20B | $5.06B | $4.23B | $2.66B | $3.06B | $-10.42B | $-1.06B | $1.61B | $3.03B | $2.61B | $1.47B |
| Operating margin | 4.7% | 4.2% | -7.9% | -5.0% | 1.4% | -4.3% | 0.6% | 5.2% | 10.0% | 15.1% | 12.6% | 9.9% | 6.0% | 6.7% | -60.1% | -3.5% | 3.3% | 5.7% | 4.8% | 2.7% |
| EBITDA | $17.82B | $2.70B | $-4.39B | $-3.84B | $1.39B | $-946.00M | $-798.00M | $-3.59B | $5.61B | $7.11B | $6.97B | $6.46B | $5.10B | $5.67B | $-7.86B | $1.59B | $4.13B | $5.20B | $5.01B | $3.88B |
| EBITDA margin | 79.0% | 11.8% | -18.5% | -19.3% | 6.3% | -3.9% | -3.2% | -13.4% | 13.2% | 17.3% | 17.4% | 15.2% | 11.4% | 12.4% | -45.3% | 5.3% | 8.4% | 9.9% | 9.2% | 7.1% |
| EBIT | $1.26B | $1.40B | $-1.35B | $-1.01B | $286.00M | $-1.17B | $-1.81B | $-1.32B | $4.10B | $5.50B | $5.14B | $4.45B | $2.94B | $3.35B | $-10.23B | $-748.00M | $2.15B | $3.27B | $3.09B | $1.91B |
| Interest expense | $1.03B | $894.00M | $770.00M | $744.00M | $792.00M | $811.00M | $632.00M | $856.00M | $887.00M | $880.00M | $991.00M | $1.05B | $1.06B | $1.09B | $1.23B | $1.80B | $1.96B | $2.15B | $1.93B | $1.72B |
| Income tax | $-15.41B | $818.00M | $4.97B | $-284.00M | $-35.00M | $1.65B | $-569.00M | $-346.00M | $330.00M | $-2.99B | $1.62B | $1.17B | $472.00M | $570.00M | $-2.57B | $-555.00M | $59.00M | $299.00M | $308.00M | $78.00M |
| Effective tax rate | 101.5% | 61.9% | 174.1% | 16.2% | 6.9% | -501.5% | 23.3% | 15.9% | 10.3% | -64.9% | 38.6% | 47.6% | 25.1% | 25.3% | 22.4% | 21.8% | 31.7% | 26.7% | 26.7% | 41.3% |
| Net income | $231.00M | $504.00M | $-2.12B | $-1.47B | $-471.00M | $-1.98B | $-1.88B | $-1.83B | $2.88B | $7.61B | $2.58B | $1.28B | $1.41B | $1.69B | $-8.88B | $-1.99B | $127.00M | $822.00M | $846.00M | $111.00M |
| Net income growth (YoY) | — | +118.2% | -520.2% | +30.7% | +67.9% | -320.2% | +5.2% | +2.2% | +257.1% | +164.1% | -66.0% | -50.4% | +10.1% | +19.4% | -627.0% | +77.6% | +106.4% | +547.2% | +2.9% | -86.9% |
| Profit margin | 1.0% | 2.2% | -8.9% | -7.4% | -2.1% | -8.3% | -7.5% | -6.9% | 6.8% | 18.6% | 6.4% | 3.0% | 3.2% | 3.7% | -51.2% | -6.7% | 0.3% | 1.6% | 1.6% | 0.2% |