American Airlines Group Inc.AAL
NasdaqGS•Industrials•Airlines
American Airlines Group Inc., through its subsidiaries, operates as a network air carrier in the United States, Latin America, Atlantic, and Pacific. 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, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo. It also operates a mainline fleet of 1,013 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 1926 and is headquartered in Fort Worth, Texas.
American Airlines Group, Inc. (AAL) reported trailing twelve months revenue of $55.99B as of March 2026, a 3.3% increase year-over-year. Quarterly revenue reached $13.91B, reflecting continued top-line momentum.
American Airlines Group, Inc. generated $202.00M in TTM net income, with quarterly EBITDA of $434.00M. The operating margin expanded from -2.2% to -0.3%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (-0.3%) and net margin (-2.7%) indicates tight cost control with minimal non-operating drag. Net margin has improved from -3.8% a year ago, signaling stronger bottom-line efficiency.
AAL trades at a P/E of 33.3x (a premium multiple) and a P/S of 0.1x.
The company generated $3.41B in free cash flow over the trailing twelve months, a 109.1% increase year-over-year, indicating strong cash generation ability. The balance sheet shows $63.74B in total assets with $23.52B in long-term debt against $-4.08B in stockholders equity. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are under pressure, averaging 3.5%. The business may lack pricing power or face rising costs.'
Limited ROE data for a reliable assessment.
Only 4 of the last 8 quarters had positive FCF — the business may require external capital to sustain operations.
Revenue shows resilience with 6 of 7 quarters posting growth — demand is generally stable but has seen some soft patches.
Data-driven red flags and warnings across 21 quarters
Operating margins dropped 27.6% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.
Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.
Limited debt-to-equity data available.
Revenue is stable or growing over recent quarters — demand appears durable.
4 of the last 8 quarters had negative FCF — inconsistent cash generation raises sustainability concerns.
Share count is stable — no significant dilution or buyback activity.