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 grade of American Airlines Group Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.1/10
◀ Past4.730% of the headline
● Present4.140% of the headline
▶ Future3.530% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

4.7/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
6.5/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 65th percentile among 17 sector filers · read for itself

From the record

American Airlines Group Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.2/10

What has it actually done, year after year?

+3.5% a year over 10 filed years; profitable in 8 of 10.

weight 45% of this tense · 42nd percentile among 14 sector filers · read for its customers

From the record

American Airlines Group Inc.'s 10 filed years say what it did: revenue went from $40 billion in fiscal 2016 to $55 billion in fiscal 2025, up 3.5% a year; it rose in 8 of 9 years; the deepest fall was 62% from fiscal 2019 to fiscal 2020; net income was positive in 8 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span3.5%bottom 11% of its family
  • the share of years revenue rosetop 36% of its family
  • the share of filed years with a profittop 46% of its family
  • the deepest fall from a revenue peak62.1%bottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.9/10

How has it treated the people who own it?

Share count grew 0.3% a year. 0% of cash flow returned. Insiders: 11 sales, 0 purchases.

weight 22% of this tense · 29th percentile among 13 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, American Airlines Group Inc.'s diluted share count grew about 0.3% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 11 sales (4 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-05 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 43% of its family
  • cash returned against operating cash flowbottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.1/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.0/10

Is it financially healthy right now?

Leverage 106%: owes 106¢ per asset dollar.

weight 33% of this tense · 50th percentile among 15 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, American Airlines Group Inc.'s shareholders' equity was below zero, so the profit on it is not read. Leverage: it owed about 106 cents per dollar of assets, and net share issuance: its share count shrank 8.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 9% of its family
  • the share count against the year beforetop 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.8/10

How strong is its position in its industry?

bottom 38% of 14 in its family; net margin 0.2%.

weight 45% of this tense · 38th percentile among 14 sector filers · read for its customers

From the record

American Airlines Group Inc.'s standing among 14 graded names in its industry family: revenue of $55 billion in fiscal 2025 ranks in the top 21% by size; a net margin of 0.2% ranks in the bottom 25%; revenue growth of 3.7% a year over the last 3 filed years ranks in the bottom 11% (its annual reports).

What it rests on

  • revenue against the family$54.63Btop 21% of its family
  • net margin0.2%bottom 25% of its family
  • three-year revenue growth3.7%bottom 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
3.4/10

What are the people in charge doing?

bottom 34% of 10 in its family for leadership; chief executive since 2023.

weight 22% of this tense · 34th percentile among 10 sector filers · read for its shareholders

From the record

American Airlines Group Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Isom, Robert D Jr (CEO and President, as filed), filing under that title since 2023-02-17, 3.7 years (bottom 35% of its family); the 19 officers and directors filing in the last fifteen months have been on the record a median of 4.4 years (bottom 17%); 9 officer or director changes were reported on Form 8-K since 2023-11-13, against the 19 people in charge now (top 50%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge9 in three years among 19 peopletop 50% of its family
  • the median years the people in charge have filed4.4 yearsbottom 17% of its family
  • the chief executive's years on the record3.7 yearsbottom 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.5/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
2.4/10

How much room does it have to grow?

bottom 24% of 14 in its family for room to expand.

weight 22% of this tense · 24th percentile among 14 sector filers · read for itself

From the record

American Airlines Group Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $1.1 billion against debt of $25 billion leaves -39.2% of its assets as net cash, bottom 9% of its family; cash from operations less capital spending is -1.2% of revenue (bottom 39%) (its annual report).

What it rests on

  • cash less debt against assets-39.2%bottom 9% of its family
  • cash from operations less capital spending against revenue-1.2%bottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.6/10

What could actually drive growth from here?

bottom 46% of 14 in its family for growth drivers.

weight 45% of this tense · 46th percentile among 14 sector filers · read for its customers

From the record

American Airlines Group Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 3.7% a year over the last three filed years against 3.5% over all 10, speeding up (bottom 46% of its family); the newest year grew 0.8% (bottom 18%); capital spending grew 14.1% a year (top 27%) (its annual reports). American Airlines Group Inc. reported 5 product lines in fiscal 2025: Passenger Travel at $46 billion (84%), Loyalty Program Travel Redemptions at $4.0 billion (7%), Loyalty Program Marketing Services at $3.5 billion (6%), and 2 more; 4 of 5 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+0.2 points a yearbottom 46% of its family
  • the newest year's revenue growth0.8%bottom 18% of its family
  • three-year growth of capital spending14.1%top 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
2.7/10

Did its newest year beat what its own record pointed to?

bottom 27% of 14 in its family for expectations against reality.

weight 33% of this tense · 27th percentile among 14 sector filers · read for its shareholders

From the record

American Airlines Group Inc.'s newest year against its own record: revenue of $55 billion in fiscal 2025 came in 4.2% below the $57 billion its prior three years' pace pointed to (bottom 46% of its family); net income of $111 million against a prior three-year average of $598 million (bottom 11%); a net margin of 0.2% against 1.1% before (bottom 25%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-4.2%bottom 46% of its family
  • net income against the prior three years' average-81%bottom 11% of its family
  • net margin against its prior average-0.9 pointsbottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton AAL · research, not advice