American Airlines Group financials
$13.61+0.67%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $54.63B | $54.21B | $52.79B | $48.97B | $29.88B | $17.34B | $45.77B | $44.54B | $42.62B | $40.14B |
| Gross profit | $54.63B | $54.21B | $52.79B | $48.97B | $29.88B | $17.34B | $45.77B | $44.54B | $42.62B | $40.14B |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $1.47B | $2.61B | $3.03B | $1.61B | -$1.06B | -$10.42B | $3.06B | $2.66B | $4.23B | $5.06B |
| Net income | $111.0M | $846.0M | $822.0M | $127.0M | -$1.99B | -$8.88B | $1.69B | $1.41B | $1.28B | $2.58B |
| Net margin | 0.2% | 1.6% | 1.6% | 0.3% | −6.7% | −51.2% | 3.7% | 3.2% | 3.0% | 6.4% |
| Diluted EPS | $0.17 | $1.24 | $1.21 | $0.19 | $-3.09 | $-18.36 | $3.79 | $3.03 | $2.61 | $4.65 |
| EBITDA | $3.85B | $5.47B | $6.26B | $4.10B | -$2.73B | -$8.71B | $6.02B | $5.60B | $6.96B | $7.59B |
| Operating cash flow | $3.10B | $3.98B | $3.80B | $2.17B | $704.0M | -$6.54B | $3.81B | $3.53B | $4.74B | $6.52B |
| Free cash flow | -$680.0M | $1.30B | $1.21B | -$373.0M | $496.0M | -$8.67B | -$551.0M | -$212.0M | -$1.23B | $793.0M |
| Diluted shares | 661.1M | 721.3M | 719.7M | 655.1M | 644.0M | 483.9M | 444.3M | 465.7M | 491.7M | 556.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $954.0M | $804.0M | $578.0M | $440.0M | $273.0M | $245.0M |
| Short-term investments | $4.88B | $6.18B | $7.00B | $8.53B | $12.16B | $6.62B |
| Total debt | $29.92B | $30.55B | $32.90B | $35.66B | $38.06B | $32.59B |
| Total assets | $61.77B | $61.78B | $63.06B | $64.72B | $66.47B | $62.01B |
| Total liabilities | $65.50B | $65.76B | $68.26B | $70.52B | $73.81B | $68.88B |
| Shareholders' equity | -$3.73B | -$3.98B | -$5.20B | -$5.80B | -$7.34B | -$6.87B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology