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American Airlines Group Inc.

AAL NASDAQ Categories PDF
Industrials · Airlines, Airports & Air Services
Fort Worth, TX 76155, United States IPO 2005 aa.com Updated Jul 5, 3:00am
Price
$17.92
Market Cap
$11.9B
Employees
133,100
Beta
1.32
Avg Volume
89,072,767
CEO
Robert D. Isom Jr.
Business Description

American Airlines Group Inc. functions as a prominent network air carrier, delivering scheduled air transportation for both passengers and freight. Its operations are anchored by key hubs located in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. Additionally, it expands its global reach through strategic partner gateways situated in London, Madrid, Seattle/Tacoma, Sydney, and Tokyo. As of December 31, 2021, the company maintained a substantial mainline fleet comprising 865 aircraft. This enterprise, established in 1930 and headquartered in Fort Worth, Texas, previously operated under the name AMR Corporation until its rebranding to American Airlines Group Inc. in December 2013.

Business History
Price Overview
Price at report time · Jul 5, 4:07am (0m ago)
$17.92
Change · Jul 5
-0.23 (-1.27%)
Day Range
$17.72 – $18.79
52-Week Range
$10.09 – $18.79
50-Day MA
$14.07
200-Day MA
$13.35
Volume
129,747,122.00
Right now · live
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Real-time — the change above is the move since the report (over 0m).
Analyst Price Targets
Low $13.50
Consensus $19.06
High $24.00
(58 analysts)
Share Structure
Outstanding 661,385,000.00
Float 650,712,230.00
Free Float 98.4%
High free float — 98.4% of shares trade freely, ~1.6% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Last updated: Jul 5, 2026 4:07am (just now)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jul 5, 2026 4:07am (just now)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
API
Stock Price / EPS (Diluted)
58.66
Stock Price: $17.92
EPS (Diluted): 0.17
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
-2.72
Stock Price: $17.92
Total Equity: -$3.73B
Shares: 661,856,000
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
11.02
Market Cap: $11.85B
Total Debt: $29.01B
Cash: $1.69B
EBITDA: $3.88B
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$44.4B
Market Cap: $11.85B
Total Debt: $29.01B
Cash: $1.69B
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
19.2%
Gross Profit: $10.47B
Revenue: $54.63B
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
2.7%
Operating Income: $1.47B
Revenue: $54.63B
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
0.2%
Net Income: $111.00M
Revenue: $54.63B
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
-5.2%
Net Income: $111.00M
Total Equity: -$3.73B
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
2.3%
Operating Income: $1.47B
Tax Rate: 41.6%
Equity: -$3.73B
Total Debt: $29.01B
Cash: $1.69B
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
0.50
Current Assets: $12.21B
Current Liabilities: $24.49B
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
-7.78
Short-Term Debt: $3.75B
Long-Term Debt: $25.25B
Total Debt: $29.01B
Total Equity: -$3.73B
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$82.55
Revenue: $54.63B
Shares: 661,856,000
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$-5.63
Total Equity: -$3.73B
Shares: 661,856,000
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$-1.03
Operating CF: $3.10B
CapEx: -$3.78B
Shares: 661,856,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $17.92
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: $111.00M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares AAL against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jul 5, 2026 4:07am (just now)
Metric 2021 2022 2023 2024 2025
Revenue $29.9B $49.0B $52.8B $54.2B $54.6B
Cost of Revenue $29.9B $39.9B $41.0B $42.7B $44.2B
Gross Profit $27.0M $9.0B $11.8B $11.5B $10.5B
Operating Expenses $1.1B $7.4B $8.8B $8.9B $9.0B
Operating Income -$1.1B $1.6B $3.0B $2.6B $1.5B
Net Income -$2.0B $127.0M $822.0M $846.0M $111.0M
EBITDA $1.6B $4.1B $5.2B $5.0B $3.9B
EPS $-3.09 $0.20 $1.26 $1.29 $0.17
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jul 5, 2026 4:07am (just now)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $273.0M $440.0M $578.0M $804.0M $1.7B
Total Current Assets $17.3B $15.3B $13.6B $13.2B $12.2B
Total Assets $66.5B $64.7B $63.1B $61.8B $61.8B
Current Liabilities $19.0B $21.5B $22.1B $24.3B $24.5B
Long-Term Debt $35.6B $32.4B $29.3B $25.2B $25.3B
Total Liabilities $73.8B $70.5B $68.3B $65.8B $65.5B
Total Equity -$7.3B -$5.8B -$5.2B -$4.0B -$3.7B
Retained Earnings -$8.6B -$8.5B -$7.7B -$6.8B -$6.7B
Cash Flow (Annual)
Last updated: Jul 5, 2026 4:07am (just now)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $704.0M $2.2B $3.8B $4.0B $3.1B
Capital Expenditure -$208.0M -$2.5B -$2.6B -$2.7B -$3.8B
Free Cash Flow $496.0M -$373.0M $1.2B $1.3B -$680.0M
Acquisitions (net) -$28.0M -$321.0M $230.0M $654.0M $344.0M
Debt Repayment
Dividends Paid
Stock Buybacks -$18.0M -$21.0M $0 $0 $0
Net Change in Cash -$130.0M $802.0M $181.0M $83.0M $303.0M
Analyst Estimates (Annual)
Last updated: Jul 5, 2026 4:07am (just now)
Metric 2027 2028 2029 2030
Revenue $64.9B
$61.3B – $68.3B
$68.4B
$68.1B – $68.6B
$72.0B
$67.9B – $74.1B
$78.7B
$74.2B – $81.0B
EBITDA $6.0B
$5.7B – $6.3B
$6.3B
$6.3B – $6.4B
$6.7B
$6.3B – $6.9B
$7.3B
$6.9B – $7.5B
Net Income $1.4B
$716.8M – $2.1B
$1.8B
$1.3B – $2.6B
$2.6B
$2.4B – $2.7B
$3.6B
$3.3B – $3.7B
EPS
Growth Trends (YoY %)
Last updated: Jul 5, 2026 4:07am (just now)
Metric 2022 2023 2024 2025
Revenue Growth +63.9% +7.8% +2.7% +0.8%
Gross Profit Growth +33,370.4% +30.7% -2.9% -8.7%
Operating Income Growth +251.7% +88.8% -13.8% -43.9%
Net Income Growth +106.4% +547.2% +2.9% -86.9%
EBITDA Growth +159.9% +26.1% -3.6% -22.6%
Insider Trading (Recent)
Type codes PPurchase SSale AAward / grant MOption exercise FIn-kind (tax) CConversion GGift DReturn to issuer
All SEC Form 4 codes
Open market
P Purchase
Open-market or private purchase of shares.
S Sale
Open-market or private sale of shares.
Compensation (Rule 16b-3)
A Award / grant
Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
D Return to issuer
Securities disposed back to the company under Rule 16b-3.
F In-kind (tax)
Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
I Discretionary
Discretionary transaction under an employee plan — Rule 16b-3(f).
M Option exercise
Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
C Conversion
Conversion of a derivative security into the underlying shares.
E Short expiration
Expiration of a short derivative position.
H Long expiration
Expiration or cancellation of a long derivative position with value received.
O OTM exercise
Exercise of an out-of-the-money derivative.
X ITM exercise
Exercise of an in-the-money or at-the-money derivative.
Other exempt
G Gift
Bona fide gift of securities.
L Small acquisition
Small acquisition under Rule 16a-6.
W Inheritance
Acquisition or disposition by will or the laws of descent.
Z Voting trust
Deposit into or withdrawal from a voting trust.
Other
J Other
Other acquisition or disposition (explained in a Form 4 footnote).
K Equity swap
Transaction in an equity swap or similar instrument.
U Tender / buyout
Disposition via tender of shares in a change-of-control transaction.

Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.

Date Insider Type Shares Price Value
2026-06-24 Seymour David S-Sale 69,343.00 $17.00 $1.2M
2026-06-25 Seymour David S-Sale 56,456.00 $18.00 $1.0M
2026-06-10 STEENLAND DOUGLAS M A-Award 11,177.00 $0.00 $0
2026-06-10 Reynal Vicente A-Award 11,177.00 $0.00 $0
2026-06-10 Nesbitt Martin H. A-Award 11,177.00 $0.00 $0
2026-06-10 KRONICK SUSAN D A-Award 11,177.00 $0.00 $0
2026-06-10 HART MATTHEW J A-Award 11,177.00 $0.00 $0
2026-06-10 Farmer Kathryn M A-Award 11,177.00 $0.00 $0
2026-06-10 Dillon Mary N A-Award 11,177.00 $0.00 $0
2026-06-10 Brown Adriane M A-Award 11,177.00 $0.00 $0
2026-06-10 Ungerleider Howard I A-Award 11,177.00 $0.00 $0
2026-06-10 CAHILL JOHN T A-Award 11,177.00 $0.00 $0
2026-06-10 Smith Gregory D A-Award 26,080.00 $0.00 $0
2026-05-01 Richmond Anthony J. F-InKind 70,598.00 $11.84 $835,880
2026-05-02 Seymour David F-InKind 40,865.00 $11.84 $483,842
2026-05-02 Owens Angela F-InKind 8,097.00 $11.84 $95,868
2026-05-02 May Devon E F-InKind 33,721.00 $11.84 $399,257
2026-03-24 Dillon Mary N A-Award 3,031.00 $0.00 $0
2026-03-24 Dillon Mary N 0.00 $0.00 $0
2026-02-27 Isom Robert D Jr F-InKind 48,429.00 $13.07 $632,967
Dividend History (Last 20)
Last updated: Jul 5, 2026 4:07am (just now)
Date Dividend Declaration Record Payment
2020-02-04 $0.10 2020-01-22 2020-02-05 2020-02-19
2019-11-05 $0.10 2019-10-22 2019-11-06 2019-11-20
2019-08-06 $0.10 2019-07-24 2019-08-07 2019-08-21
2019-05-07 $0.10 2019-04-26 2019-05-08 2019-05-22
2019-02-05 $0.10 2019-01-23 2019-02-06 2019-02-20
2018-11-05 $0.10 2018-10-24 2018-11-06 2018-11-20
2018-08-06 $0.10 2018-07-25 2018-08-07 2018-08-21
2018-05-07 $0.10 2018-04-25 2018-05-08 2018-05-22
2018-02-05 $0.10 2018-01-24 2018-02-06 2018-02-20
2017-11-10 $0.10 2017-10-25 2017-11-13 2017-11-27
2017-08-10 $0.10 2017-07-28 2017-08-14 2017-08-28
2017-05-12 $0.10 2017-04-27 2017-05-16 2017-05-30
2017-02-09 $0.10 2017-01-27 2017-02-13 2017-02-27
2016-11-03 $0.10 2016-10-20 2016-11-07 2016-11-21
2016-08-03 $0.10 2016-07-22 2016-08-05 2016-08-19
2016-05-02 $0.10 2016-04-29 2016-05-04 2016-05-18
2016-02-08 $0.10 2016-01-29 2016-02-10 2016-02-24
2015-11-03 $0.10 2015-10-23 2015-11-05 2015-11-19
2015-08-06 $0.10 2015-07-24 2015-08-10 2015-08-24
2015-04-30 $0.10 2015-04-24 2015-05-04 2015-05-18
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for AAL — it's generated by the pipeline (market-narrative step).
Community AI Feedback
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.377 · 1648bd22 · 2026-07-04 14:36:23