AAL - NASDAQ
American Airlines Group Inc.
$13.57
+0.074%American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. 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, Madrid, Seattle/Tacoma, Sydney, and Tokyo. As of December 31, 2021, it operated a mainline fleet of 865 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 1930 and is headquartered in Fort Worth, Texas.
At a Glance
Live SnapshotAmerican Airlines Group Inc. Profit Bridge
Profitability Analysis
Gross Margin
Thin margins leave little room for error. Cost management and pricing strategy are critical.
Operating Margin
Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.
Net Profit Margin
Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.
Effective Tax Rate
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
Profitability Insight
Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.
American Airlines Group Inc. Income Statement
AAL • NASDAQ
| American Airlines Group Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
54.6B | 54.2B | 52.8B | 49B | 29.9B | 17.3B | 45.8B | 44.5B | 42.2B | 40.2B | 41B | 42.7B | 26.7B | 24.9B | 24B | 22.2B | 19.9B | 23.8B | 22.9B | 22.6B | |
GROSS PROFIT | ||||||||||||||||||||
(44.2B) | (42.7B) | (41B) | (39.9B) | (29.9B) | (24.7B) | (34.3B) | (33.5B) | (30.4B) | (27.5B) | (27B) | (31.1B) | (20.1B) | (19.9B) | (20.7B) | (18B) | (16.4B) | (20.4B) | (18.1B) | (17.7B) | |
10.5B | 11.5B | 11.8B | 9B | 27M | -7.3B | 11.4B | 11B | 12.2B | 12.7B | 14B | 11.6B | 6.6B | 5B | 3.3B | 4.2B | 3.5B | 3.3B | 4.8B | 4.8B | |
OPERATING INCOME | ||||||||||||||||||||
(9B) | (8.9B) | (8.8B) | (7.4B) | (1.1B) | (4.1B) | (7.7B) | (7.6B) | (7.2B) | (6.7B) | (6.7B) | (6.5B) | (4.7B) | (4.5B) | (3.2B) | (3.7B) | (3.7B) | (4B) | (3.9B) | (3.8B) | |
(2B) | (1.8B) | (1.8B) | (1.8B) | (1.1B) | (666M) | (2B) | (1.5B) | (1.8B) | (1.7B) | (1.7B) | (1.9B) | (1.3B) | (1.6B) | (2.8B) | (976M) | (853M) | (997M) | (1B) | (1.1B) | |
1.5B | 2.6B | 3B | 1.6B | -1.1B | -11.4B | 3.7B | 3.4B | 5B | 6B | 7.3B | 5.1B | 1.9B | 498M | -670M | 450M | -182M | -676M | 965M | 1.1B | |
PRE-TAX INCOME | ||||||||||||||||||||
(1.7B) | (1.9B) | (2.1B) | (2B) | (1.8B) | (1.2B) | (1.1B) | (1.1B) | (1.1B) | (991M) | (880M) | (887M) | (856M) | (632M) | (786M) | (792M) | (744M) | (756M) | (914M) | (1B) | |
-1.4B | -1.5B | -1.6B | -1.7B | -1.8B | -1.2B | -968M | -938M | -959M | -928M | -841M | -856M | -836M | -606M | -785M | -766M | -668M | -589M | -557M | -722M | |
(7B) | (7B) | (7B) | (5.6B) | -12M | (3.4B) | (5.7B) | (6.1B) | (7.5B) | (5.3B) | (5.3B) | (4.9B) | (3.5B) | (3.4B) | (3.4B) | (2.7B) | (2.8B) | (3B) | (2.8B) | (2.7B) | |
-1.3B | -1.5B | -1.9B | -1.4B | -1.5B | -66M | -1.5B | -1.6B | -1.6B | -1.7B | -2.7B | -1.9B | -4.1B | -2.9B | -1.3B | -956M | -1.6B | -1.4B | -461M | -829M | |
190M | 1.2B | 1.1B | 186M | -2.5B | -11.5B | 2.3B | 1.9B | 3.1B | 4.3B | 4.6B | 3.2B | -2.2B | -2.4B | -2B | -506M | -1.8B | -2.1B | 504M | 231M | |
NET INCOME | ||||||||||||||||||||
(79M) | (308M) | (299M) | (59M) | -555M | -2.6B | (570M) | (472M) | (1.2B) | (1.6B) | -3B | (330M) | -346M | -569M | (1.7B) | -35M | -284M | (5B) | (0.0) | -15.4B | |
111M | 846M | 822M | 127M | -2B | -8.9B | 1.7B | 1.4B | 1.9B | 2.7B | 7.6B | 2.9B | -1.8B | -1.9B | -2B | -471M | -1.5B | -2.1B | 504M | 231M |
SEC Filings
AAL - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 29, 2026 | May 29, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 28, 2026 | June 10, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 23, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 23, 2026 | April 23, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 20, 2026 | April 17, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 24, 2026 | March 24, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 17, 2026 | March 17, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 09, 2026 | March 05, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 18, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | January 27, 2026 | January 27, 2026 | 2026 |
Related Guides
Continue your AAL research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.