Company Analysis

American Airlines Group Inc. (AAL)

Nasdaq: AAL · Air Transportation, Scheduled · Fort Worth, TX · filing with the SEC since 1994
Grade4.1
◀ Past 4.7● Present 4.1▶ Future 3.5
The companyfiscal 2025, as filed
Revenue$54.63B+0.8%
Net income$111M-86.9%
Earnings per share$0.17-86.3%
Operating cash flow$3.10B-22.2%
Cash$1.06B+17.1%
Debt$25.25B+0.4%
Shareholders’ equity-$3.73B+6.3%
Shares, diluted661.1M-8.4%
Return on equityn/a
The recordfrom its filings
Filings in 202676
Newest filingNov 5 · 4
Annual reportFeb 18, 2026
Quarterly reportOct 22, 2026
Next report due10-K by Mar 1
Insider sales, 12 months$7.0M
Insider buys, 12 months$0.00
Patents granted152
Filer categoryLarge accelerated filer
Trailing twelve months to Jun 2026Revenue $58.34BNet income -$326MCash from operations $4.37Bthe four newest filed quarters added
Left: the newest annual report, with the change on the year before. Right: counted from the company's own filings with the SEC.
Revenue and net income by fiscal yearRevenueNet income
16171819202122232425
As filed, in USD. Nothing here is a forecast.

The company now

American reported record third-quarter revenue of $16.3 billion on 22 October 2026, up 19.3 percent, yet a net loss of $269 million 1. Fuel explains the gap: the average price it paid rose to $3.85 a gallon from $2.37, and fuel expense grew $1.9 billion, or 67.5 percent 1.

Demand was strong everywhere else: premium revenue rose 22.9 percent, managed corporate travel revenue 27.6 percent and AAdvantage enrollments 27.4 percent 1. Chief executive Robert Isom called it "the strongest year-over-year revenue growth in my career, with premium performance leading the way" 1.

The open questions are fuel, debt and a new stake abroad 111. For the fourth quarter American assumes fuel at about $4.70 a gallon, nearly double a year earlier, and it expects network growth to slow in 2027 1. On 20 October it paid $100.0 million to exercise warrants for 7.9 percent of Azul, the Brazilian airline 11.

American ended September with $11.8 billion of available liquidity, the cash and credit it can draw on, against total debt of $36.4 billion counting leases and pensions 1.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

News

Nov 5, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Oct 26, 2026 · SEC EDGAR · Form SCHEDULE 13D
Activist holder notice
Open the filing on sec.gov
Oct 22, 2026 · SEC EDGAR · Form 10-Q
Quarterly report
Open the filing on sec.gov
Oct 22, 2026 · SEC EDGAR · Form 8-K
Results released
Open the filing on sec.gov
Sep 21, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Sep 21, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Aug 3, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
An outside story is shown by its headline, its source and its link only. The SI reads the page when you ask it to break one down.
SI Assistanton AAL · research, not advice