American Airlines Group, Inc. — AAL
| Close Price | Market Cap | P/E Ratio | Forward P/E Ratio | Implied Growth* | Implied Forward Growth* | Dividend | P/B Ratio |
|---|---|---|---|---|---|---|---|
| $13.65 | $9.01B | 15.7 | 6.8 | 8.7% | 0.2% | - | -2.3 |
Revenue & Net Income
| Date | Revenue | Net Income | EPS | Revenue Change | Net Income Change | EPS Change | |
|---|---|---|---|---|---|---|---|
| 0 | 2020-12-31 | $17.3B | $-8.9B | $-18.36 | N/A | N/A | N/A |
| 1 | 2021-12-31 | $29.9B | $-2.0B | $-3.09 | 72.4% | -77.6% | -83.2% |
| 2 | 2022-12-31 | $49.0B | $127.0M | $0.20 | 63.9% | -106.4% | -106.5% |
| 3 | 2023-12-31 | $52.8B | $822.0M | $1.26 | 7.8% | 547.2% | 530.0% |
| 4 | 2024-12-31 | $54.2B | $846.0M | $1.26 | 2.7% | 2.9% | 0.0% |
| 5 | TTM 2025-03-31 | $54.2B | $685.0M | $1.00 | -0.0% | -19.0% | -20.6% |
| 6 | Average | 29.4% | 69.4% | 63.9% |
EPS
Forecasts
Y/Y % Change
AAL Year-over-Year Growth
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Average | |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth (%) | 72.4% | 63.9% | 7.8% | 2.7% | 1.0% | 6.6% | 25.7% | |
| Revenue Analysts (#) | 0 | 0 | 0 | 0 | 0 | 6 | 6 | |
| EPS Growth (%) | -77.6% | -106.4% | 547.2% | 2.9% | -42.3% | 150.0% | 79.0% | |
| EPS Analysts (#) | 0 | 0 | 0 | 0 | 0 | 8 | 8 |
Expenses
| Year | Revenue ($) | Cost of Revenue ($) | Sales & Marketing ($) | SG&A ($) | Facilities / D&A ($) |
|---|---|---|---|---|---|
| 2021 | $29.9B | $27.5B | $1.1B | $1.1B | $2.3B |
| 2022 | $49.0B | $37.6B | $1.8B | $1.8B | $2.3B |
| 2023 | $52.8B | $38.7B | $1.8B | $1.8B | $2.3B |
| 2024 | $54.2B | $40.5B | $1.8B | $1.8B | $2.2B |
| TTM | $54.2B | $38.4B | $1.9B | $1.9B | $4.6B |
| Year | Revenue Change (%) | Cost of Revenue Change (%) | Sales & Marketing Change (%) | SG&A Change (%) | Facilities / D&A Change (%) |
|---|---|---|---|---|---|
| 2022 | 63.88 | 36.76 | 65.30 | 65.30 | -1.58 |
| 2023 | 7.79 | 2.89 | -0.88 | -0.88 | -1.91 |
| 2024 | 2.70 | 4.59 | 0.72 | 0.72 | -0.40 |
| TTM | 0.07 | -5.14 | 6.73 | 6.73 | 103.56 |
No unmapped expenses.
Segment Performance
SEGMENTS v2025-09-09 · 2025-11-10 08:17 UTC — Units: $B. Rows list fiscal years (last 3 + TTM) with revenue and operating income for each segment; the final row shows the TTM revenue mix (operating income columns display “—” where mix is not applicable).
| Year | Passenger Rev | Passenger OI | Passenger Travel Rev | Passenger Travel OI | Product And Service Other Rev | Product And Service Other OI | Loyalty Program Travel Redemptions Rev | Loyalty Program Travel Redemptions OI | Loyalty Program Marketing Services Rev | Loyalty Program Marketing Services OI | Cargo And Freight Rev | Cargo And Freight OI | Other Revenue Rev | Other Revenue OI | Total Rev | Total OI |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 356.5B | 0.00B | 82.8B | 0.00B | 12.7B | 0.00B | 6.29B | 0.00B | 5.31B | 0.00B | 4.93B | 0.00B | 1.02B | 0.00B | 469.6B | 0.00B |
| 2023 | 388.1B | 0.00B | 89.8B | 0.00B | 13.8B | 0.00B | 7.20B | 0.00B | 5.86B | 0.00B | 3.25B | 0.00B | 1.07B | 0.00B | 509.1B | 0.00B |
| 2024 | 396.7B | 0.00B | 91.5B | 0.00B | 15.3B | 0.00B | 7.69B | 0.00B | 6.51B | 0.00B | 3.22B | 0.00B | 1.12B | 0.00B | 522B | 0.00B |
| TTM | 394.7B | 0.00B | 90.6B | 0.00B | 16.6B | 0.00B | 8.12B | 0.00B | 7.02B | 0.00B | 3.37B | 0.00B | 1.29B | 0.00B | 521.7B | 0.00B |
| % of Total (TTM) | 75.7% | — | 17.4% | — | 3.2% | — | 1.6% | — | 1.3% | — | 0.6% | — | 0.2% | — | 100% | — |
Balance Sheet
| Metric | Value | |
|---|---|---|
| 0 | Total Assets | $63,667M |
| 1 | Cash | $833M |
| 2 | Total Liabilities | $67,537M |
| 3 | Total Debt | $37,201M |
| 4 | Total Equity | $-3,870M |
| 5 | Debt to Equity Ratio | -9.61 |
EPS & Dividend
Valuation
| Share Price | Treasury Yield | Estimates | Fair Value (P/E) | Fair Value (P/S) | Current P/S | Current P/E |
|---|---|---|---|---|---|---|
| $10.62 | 4.4% | Nicks Growth: 2% Nick's Expected Margin: 2% FINVIZ Growth: 10% |
Nicks: 8 Finviz: 17 |
Nick's: 0.157 | 0.1 | 10.6 |
| Basis | Year | Nicks Valuation | Nicks vs Share Price | Finviz Valuation | Finviz vs Share Price |
|---|---|---|---|---|---|
| $1.00 EPS | TTM | $7.86 | -26.0% | $16.78 | 58.0% |
| $0.81 EPS | 2025 | $6.37 | -40.0% | $13.60 | 28.1% |
| $1.98 EPS | 2026 | $15.57 | 46.6% | $33.23 | 212.9% |
Implied Growth
| Average | Median | Std Dev | Current | Percentile | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | |
| Timeframe | ||||||||||
| 1 Year | 7.61% | -0.68% | 7.64% | -0.63% | 1.00% | 0.56% | 8.70% | 0.25% | 86.1% | 99.1% |
| 3 Years | 7.61% | -0.68% | 7.64% | -0.63% | 1.00% | 0.56% | 8.70% | 0.25% | 86.1% | 99.1% |
| 5 Years | 7.61% | -0.68% | 7.64% | -0.63% | 1.00% | 0.56% | 8.70% | 0.25% | 86.1% | 99.1% |
| 10 Years | 7.61% | -0.68% | 7.64% | -0.63% | 1.00% | 0.56% | 8.70% | 0.25% | 86.1% | 99.1% |