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. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
CapEx Intensity
Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.
FCF Growth Trend
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Working Capital Impact
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Cash Flow Quality Insight
Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.
American Airlines Group Inc. Cash Flow Statement
AAL • NASDAQ
| American Airlines Group Inc. Cash Flow 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
111M | 846M | 822M | 127M | -2B | -8.9B | 1.7B | 1.4B | 1.3B | 2.7B | 7.6B | 2.9B | -1.8B | -1.9B | -2B | -471M | -1.5B | -2.1B | 504M | 231M | |
2.2B | 2.2B | 2.3B | 2.3B | 2.3B | 2.4B | 2.3B | 2.2B | 2B | 1.8B | 1.6B | 1.5B | 1B | 1B | 1.1B | 1.1B | 1.1B | 1.2B | 1.2B | 1.2B | |
79M | 308M | 299M | 65M | -555M | -2.6B | 560M | 440M | 2.1B | 1.6B | -3B | 346M | -324M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
0.0 | 130M | 102M | 78M | 98M | 91M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
-56M | 1.2B | -64M | 815M | 1.6B | 1.1B | 118M | 90M | 77M | 157M | 232M | 26M | 1.7B | 1.8B | 1.1B | 279M | 889M | 750M | -81M | 101M | |
(0.0) | (8M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (18M) | (20M) | (16M) | (20M) | (7M) | (12M) | (6M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
746M | -728M | 390M | -1.2B | -814M | 1.3B | -867M | -566M | -721M | 254M | -186M | -1.7B | 138M | 338M | 510M | 340M | 405M | -1.3B | 311M | 450M | |
3.1B | 4B | 3.8B | 2.2B | 704M | -6.5B | 3.8B | 3.5B | 4.7B | 6.5B | 6.2B | 3.1B | 675M | 1.3B | 680M | 1.2B | 930M | -1.4B | 1.9B | 1.9B | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-3.8B | -2.7B | -2.6B | -2.9B | -204M | -173M | -4.3B | -3.7B | -6B | -5.7B | -6.2B | -5.3B | -3.1B | -1.9B | -1.6B | -2B | -1.5B | -876M | -714M | -530M | |
(344M) | (654M) | (230M) | (147M) | -28M | (41M) | (904M) | (1.2B) | (947M) | (123M) | (35M) | (33M) | (334M) | (123M) | (0.0) | (4M) | (76M) | (480M) | (228M) | (49M) | |
-4.9B | -7.2B | -7.3B | -11.6B | -19.5B | -5.9B | -3.2B | -3.4B | -4.8B | -6.2B | -8.1B | -5.4B | -3.3B | (0.0) | (0.0) | -82M | -1.3B | (0.0) | (0.0) | -918M | |
6.2B | 8.2B | 8.9B | 15B | 13.9B | 2.8B | 4.1B | 4B | 6.2B | 6.1B | 8.6B | 7.2B | 2.2B | 306M | 610M | 10M | 0.0 | 1.5B | 207M | 0.0 | |
254M | 65M | 275M | 0.0 | -220M | -1.1B | 164M | -7M | 0.0 | 2M | 0.0 | 307M | 0.0 | 0.0 | -288M | 0.0 | 52M | -20M | 45M | 34M | |
-1.9B | -968M | -502M | (636M) | -6B | -4.3B | -2.2B | -2B | -3.6B | -5.7B | -5.6B | -2.9B | -3.8B | -1.6B | -1.3B | -2B | -2.7B | (1.1B) | -234M | -1.4B | |
FINANCING ACTIVITIES | ||||||||||||||||||||
0.0 | 0.0 | 0.0 | -21M | 442M | 2.8B | -1.1B | -837M | -1.6B | -4.5B | -3.8B | -1.1B | 0.0 | 0.0 | 0.0 | 0.0 | 412M | 294M | 497M | 400M | |
-891M | -2.8B | -2.9B | -2.7B | 4.6B | 8.2B | -291M | -646M | 641M | 3.8B | 2.8B | 64M | 2.1B | 489M | 24M | -612M | 574M | -267M | -2.3B | -1.4B | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -43M | -178M | -186M | -198M | -224M | -278M | -144M | -1.1B | -970M | -2.2B | -302M | (0.0) | -1.5B | -1.5B | -2.9B | |
(0.0) | (0.0) | (0.0) | -21M | -18M | -173M | -1.1B | -837M | -1.6B | -4.5B | -3.8B | -1.1B | -92M | -253M | -367M | -106M | (0.0) | (0.0) | (0.0) | (0.0) | |
-160M | 3M | -310M | 77M | 208M | 88M | -2M | -3M | -58M | -44M | 9M | 827M | -109M | -6M | 2.2B | 310M | 769M | 1.9B | 1.7B | 375M | |
-1.1B | -2.8B | -3.2B | -2.6B | 5.3B | 11B | -1.6B | -1.7B | -1.1B | -894M | -1.3B | -315M | 3.8B | 483M | 727M | 804M | 1.8B | 382M | -1.7B | -591M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
149M | -138M | 86M | 624M | -139M | -86M | 317M | -172M | -926M | -421M | 56M | -2.1B | 3B | 438M | 288M | -10M | 1M | 31M | -40M | -42M | |
303M | 83M | 181M | 802M | -130M | 23M | 321M | -284M | -963M | -546M | -627M | -2.5B | 3.5B | 747M | 403M | 5M | -37M | 74M | -13M | -59M | |
1.6B | 1.5B | 1.3B | 516M | 646M | 623M | 302M | 586M | 1.5B | 2.1B | 2.7B | 5.2B | 1.8B | 1B | 618M | 613M | 650M | 576M | 589M | 648M | |
1.9B | 1.6B | 1.5B | 1.3B | 516M | 646M | 623M | 302M | 586M | 1.5B | 2.1B | 2.7B | 5.2B | 1.8B | 1B | 618M | 613M | 650M | 576M | 589M | |
-680M | 1.3B | 1.2B | -733M | 496M | -8.7B | -453M | -212M | -1.2B | 793M | 98M | -2.2B | -2.4B | -609M | -934M | -721M | -591M | -2.3B | 1.2B | 1.4B |
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
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Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
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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.