American Airlines operates a large domestic and international passenger airline network across nine major US hubs. It sells flights to individual travelers and corporate customers, generating revenue primarily through ticket sales, baggage fees, and loyalty program partnerships. It has a particularly strong position in Latin America–US routes, accounting for over 30% of US airline revenue on those corridors. The company also operates cargo services and earns fees from its AAdvantage frequent flyer program through co-branded credit card arrangements.
Employees138,900IPOJun 1, 1972SIC4512HQ1 Skyview Drive, Fort Worth, TX, USA, 76155
to
Financials
Profitability
Metric
Current
Margins
Gross Margin
17.9%
Operating Margin
1.8%
EBITDA Margin
2.2%
Net Margin
−0.6%
OCF Margin
7.5%
FCF Margin
0.5%
Returns on Capital
ROE
0.0%
ROA
−0.5%
ROIC
1.4%
ROCE
3.5%
ROC (Greenblatt)
3.3%
3Y ROIIC
−13.4%
Consistency
Years Profitable / 10Y
8
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
—
Forward P/E
123.75
P/E ex-NRI
—
Shiller P/E (CAPE)
—
Cash Flow Multiples
P/FCF
27.47
P/OCF
1.84
P/Owner Earnings
—
FCF Yield
3.62%
Enterprise Value Multiples
EV / EBIT
27.73
EV / Forward EBIT
25.46
EV / EBITDA
27.73
EV / Forward EBITDA
9.54
EV / Revenue
0.62
EV / Forward Revenue
0.57
Asset / Sales
P/S
0.14
P/B
—
P/Tangible Book
—
Growth-Adjusted
PEG
—
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
0.00%
Forward Dividend Yield
0.00%
3Y Dividend Growth
0.0%
Payout Ratio
0.00
5Y Yield on Cost
0.00%
Buybacks & Dilution
3Y Buyback Ratio
−0.50%
5Y Share Change
36.6%
Combined
Shareholder Yield
21.98%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
−9.00
Gross Debt / EBITDA
27.68
Cash / Debt
0.22
Equity / Assets
−0.06
Coverage
Interest Coverage
0.64
Short-Term Liquidity
Current Ratio
0.53
Quick Ratio
0.42
Cash Ratio
0.29
Composite Scores
Piotroski F-Score
3
Altman Z-Score
0.68
Split History
Date
Split
2013-12-09
1:2.6774
Ex-date
Amount
Pay date
2020-02-04
$0.1
2020-02-19
2019-11-05
$0.1
2019-11-20
2019-08-06
$0.1
2019-08-21
2019-05-07
$0.1
2019-05-22
2019-02-05
$0.1
2019-02-20
2018-11-05
$0.1
2018-11-20
2018-08-06
$0.1
2018-08-21
2018-05-07
$0.1
2018-05-22
2018-02-05
$0.1
2018-02-20
2017-11-10
$0.1
2017-11-27
10 of 23
View allDate
Transcript
Type
2026-05-27
American Airlines Group Inc at Bernstein Strategic Decisions Conference Transcript
Conference Presentations
2026-04-23
Q1 2026 American Airlines Group Inc Earnings Call Transcript
Earnings Call
2026-03-17
American Airlines Group Inc at JPMorgan Industrials Conference Transcript
Conference Presentations
2026-01-27
Q4 2025 American Airlines Group Inc Earnings Call Transcript
Earnings Call
2025-12-10
American Airlines Group Inc at Bernstein Insights Industrials Forum Transcript
Conference Presentations
2025-12-03
American Airlines Group Inc at Goldman Sachs Industrials and Materials Conference Transcript
Conference Presentations
2025-10-23
Q3 2025 American Airlines Group Inc Earnings Call Transcript
Earnings Call
2025-09-11
American Airlines Group Inc at Morgan Stanley Laguna Conference Transcript
Conference Presentations
2025-07-24
Q2 2025 American Airlines Group Inc Earnings Call Transcript
Earnings Call
2025-05-22
American Airlines Group Inc at Wolfe Research Global Transportation & Industrials Conference Transcript
Conference Presentations
10 of 70
5-Step DuPont Analysis
ROE %
8.31%
×
×
Net Margin %
-0.56%
×
×
Operating Margin %
1.83%
Operating Income
$1.07B
÷
Revenue
$58.34B
×
Tax Burden
0.8835
Net Income
−$326M
÷
Pretax Income
−$369M
×
Interest Burden
-0.3449
Pretax Income
−$369M
÷
Operating Income
$1.07B
×
Asset Turnover
0.91
÷
Revenue
$58.34B
÷
Average Total Assets
$63.95B
Begin Total Assets
$63.67B
End Total Assets
$64.23B
×
Equity Multiplier
-16.31
÷
Avg Total Assets
$63.95B
÷
Avg Stockholders Equity
−$3.92B
Begin Equity
−$3.87B
End Equity
−$3.97B
Top institutional holders
Q2 2026| Holder | Shares | % Owned | Chg. shares | |
|---|---|---|---|---|
| PRIMECAP MANAGEMENT CO/CA/ | 70.7M | 10.71% | +21.7M | $1.28B |
| BlackRock, Inc. | 63.4M | 9.59% | +5.1M | $1.14B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 29.9M | 4.53% | +1.5M | $540.21M |
| VANGUARD CAPITAL MANAGEMENT LLC | 29.4M | 4.46% | +149.1K | $531.64M |
| TWO SIGMA INVESTMENTS, LP | 27.2M | 4.13% | +13.1M | $492.24M |
| STATE STREET CORP | 19.6M | 2.96% | +340.8K | $353.61M |
| Orbis Allan Gray Ltd | 16.1M | 2.44% | +13.9M | $291.64M |
| GEODE CAPITAL MANAGEMENT, LLC | 13.7M | 2.07% | +1.0M | $247.49M |
| JANE STREET GROUP, LLC | 12.6M | 1.91% | +3.6M | $227.63M |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 9.7M | 1.47% | new | $175.21M |
10 of 601
View allTop insider holdings
as reported| Insider | Shares held | % Owned | |
|---|---|---|---|
| Isom Robert D JrOfficer | 3.5M | 0.5239% | $41.09M |
| Johnson Stephen LOfficer | 1.9M | 0.2818% | $22.10M |
| Richmond Anthony J.Officer | 1.0M | 0.1520% | $11.92M |
| May Devon EOfficer | 985.0K | 0.1492% | $11.70M |
| Seymour DavidOfficer | 964.2K | 0.1460% | $11.46M |
| Aiyar PriyaOfficer | 633.4K | 0.0959% | $7.52M |
| Pieper NathanielOfficer | 239.2K | 0.0362% | $2.84M |
| Owens AngelaOfficer | 178.8K | 0.0271% | $2.12M |
| HART MATTHEW JDirector | — | — | — |
| CAHILL JOHN TDirector | — | — | — |
10 of 21· 2 withheld
View allRecent insider activity
through Sep 20, 2026| Insider | Action | Shares | Date | |
|---|---|---|---|---|
| Johnson Stephen LOfficer | Tax Withholding | -55.4K | $717.6K | Sep 20, 2026 |
| Johnson Stephen LOfficer | Tax Withholding | -22.4K | $290.2K | Sep 20, 2026 |
| Isom Robert D JrOfficer | Tax Withholding | -169.5K | $2.20M | Sep 20, 2026 |
| Isom Robert D JrOfficer | Tax Withholding | -165.7K | $2.15M | Sep 20, 2026 |
| Johnson Stephen LOfficer | Open-Market or Private Sale | -30.0K | $458.8K | Jul 31, 2026 |
| Owens AngelaOfficer | Open-Market or Private Sale | -40.1K | $611.6K | Jul 31, 2026 |
| Johnson Stephen LOfficer | Open-Market or Private Sale | -30.0K | $457.9K | Jul 30, 2026 |
| Johnson Stephen LOfficer | Open-Market or Private Sale | -30.0K | $450.4K | Jul 29, 2026 |
| Johnson Stephen LOfficer | Open-Market or Private Sale | -30.0K | $454.8K | Jul 28, 2026 |
| Owens AngelaOfficer | Open-Market or Private Sale | -39.2K | $601.0K | Jul 28, 2026 |
10 of 1,413
View all