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American Airlines Group Inc. (AAL) Stock: Price, Forecast & Analyst Target

American Airlines Group Inc. (AAL) — MoonshotScore 27/100 (Weak band), calculated Oct 4, 2026. Price $12.94 (-1.45%), as of the Oct 2, 2026 trading session; market cap $8.57B. Expected results Oct 22, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 1.10× (market value Oct 2, 2026; cash Jun 30, 2026) · expected results Oct 22, 2026

$12.94 −$0.19 (-1.45%) Market Cap $8.57B

American Airlines Group Inc. · AAL · NASDAQ · Industrials · Airlines, Airports & Air Services

Research dated 2026-09-13: American Airlines Group is a network carrier selling scheduled passenger travel and freight through a hub-and-partner system, with passenger activity supplying most revenue. Its case depends on whether renewed revenue momentum can produce durable cash after operating costs, aircraft spending and a heavy debt load.

Price as of Oct 2, 2026

Key Statistics

27 of 100

MoonshotScore v2 · American Airlines Group (AAL)

Weak
Business Quality Average (47)
Financial Safety Fragile (9)
Valuation Full (56)
Growth Durability Fading (33)
Momentum Quiet (50)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

A fragile balance sheet and weak growth, though quality is only middling. Business Quality: Average; Financial Safety: Fragile; Valuation: Full; Growth Durability: Fading; Momentum: Quiet.

  • quarterly revenue $16.73B (Q2 FY2026, quarter ended Jun 2026)
  • EPS beat 7 of 8
  • Altman Z 0.67 · Piotroski F 3

Holding back: balance-sheet strain, soft growth

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for AAL (29 recorded, newest six shown)
RecordedScoreBand
27Weak
27Weak
27Weak
27Weak
27Weak
27Weak

The score was 27 in the stored Oct 3, 2026 snapshot and remains 27 in the current publication computed Oct 4, 2026 (0); the largest pillar moves were Valuation +1 and Growth Durability +1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged. This current publication is not yet represented in the immutable snapshot archive.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

As of
MeasureValue
Latest provided price$12.94
Change on the day-1.45%
52-week range$10.09–$18.79
Market capitalisation$8.57B
Price / earnings (trailing)47.92
Shares traded on the day73.23M
Beta (volatility vs the S&P 500)1.33

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 2, 2026: low $10, high $18, latest $13. 4 reported quarters marked, 3 above and 1 below the recorded estimate. 1 other dated event marked. $18 $10 high $18 Oct 23, 2025 · Earnings results · reported above the recorded estimate · close $141Jan 27, 2026 · Earnings results · reported below the recorded estimate · close $132Apr 23, 2026 · Earnings results · reported above the recorded estimate · close $123Jul 23, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $144Jul 23, 2026 · Earnings results · reported above the recorded estimate · close $145 Sep 5, 2025 Oct 2, 2026 · $13 $13Sep 5, 2025$12Sep 19, 2025$12Oct 3, 2025$12Oct 17, 2025$13Oct 31, 2025$13Nov 14, 2025$14Nov 28, 2025$15Dec 12, 2025$15Dec 26, 2025$16Jan 9, 2026$15Jan 23, 2026$15Feb 6, 2026$14Feb 20, 2026$11Mar 6, 2026$10Mar 20, 2026$11Apr 2, 2026$13Apr 17, 2026$12May 1, 2026$12May 15, 2026$15May 29, 2026$15Jun 12, 2026$18Jun 26, 2026$17Jul 10, 2026$14Jul 24, 2026$16Aug 7, 2026$14Aug 21, 2026$13Sep 4, 2026$13Sep 18, 2026$13Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · above the recorded estimate
  • · Earnings results · below the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · above the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

Management outlook

  • As Nat discussed, demand and pricing trends remain strong across the network and support our expectation for third quarter revenue growth of 16% to 19% year-over-year.

    Devon May · Statement from

  • Even against an expected nearly $6 billion year-over-year fuel headwind, we anticipate full year adjusted earnings to be break-even at the midpoint of our guidance range. We believe our strong revenue momentum on top of an efficient cost base will continue to drive progress over time.

    Robert Isom · Statement from

Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Other perspectives

Council score for American Airlines Group (AAL): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

5-Factor Breakdown

Growth Durability Weak
Momentum Neutral
Business Quality Neutral
Financial Safety Negative
Valuation Neutral

Legends Council

5 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Favorable read
Englander-style lens (simulated) Izzy Englander Favorable read
Klarman-style lens (simulated) Seth Klarman Unfavorable read
Moon AI lens (model) Neutral read

Read on: Oct 2, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Weak
Margin of Safety Undervalued
Profit Margin Weak
Revenue Growth Weak
Debt/Equity Strong
ROE Negative
Gross Margin Weak

Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 10, 2026, the Munger lens read the price at that time as undervalued against its own estimate of value.

Readings on this page are from Oct 4, 2026, except a card that shows its own read date.

Watch the AAL film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is American Airlines Group (AAL), and what does it report?

Short answer · as of

American sells transportation rather than airport infrastructure: customers buy seats across its network, while shippers buy cargo capacity.

Research dated 2026-09-13.

American sells transportation rather than airport infrastructure: customers buy seats across its network, while shippers buy cargo capacity. Major domestic hubs connect with partner gateways abroad, allowing the airline to assemble itineraries beyond routes flown solely under its own network.

Reported revenue is dominated by passenger categories, with cargo and other products contributing much smaller amounts. The financial statements therefore measure a high-volume travel network whose profit can move sharply even when annual sales change only modestly.

Sources (as of 2026-09-13): Business description; Sector / industry (provider taxonomy); Revenue by segment; Annual revenue and net result (USD millions); Quarterly income statement (USD thousands)

2 · Latest results

What do the latest results show for American Airlines Group (AAL)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $16.73B.

Research dated 2026-09-13.

The latest reported period delivered the strongest revenue in the recent series and returned both operating income and net income to positive territory after losses in the preceding period. Reported revenue and earnings also cleared expectations, although profit remained well below the stronger result from the comparable earlier period.

Management attributed the outlook to firm demand and pricing across the network. That claim now sits beside a substantial expected fuel headwind: revenue momentum is improving, but management still frames full-year adjusted earnings around break-even at the guidance midpoint.

Sources (as of 2026-09-13): Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Reported versus estimated, last 8 quarters; Management outlook — dated call excerpts

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$16.73B Jun 30, 2026
Latest quarter · SG&A
$603.00M Jun 30, 2026
Latest quarter · FMP standardized operating result
$446.00M Jun 30, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 30, 2026$16.73BNot available$603.00M$446.00M
Mar 31, 2026$13.91BNot available$507.00M−$41.00M
Dec 31, 2025$14.00BNot available$530.00M$452.00M
Sep 30, 2025$13.69BNot available$483.00M$151.00M

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$16.73B Jul 23, 2026
Latest report · revenue estimate
$16.70B Jul 23, 2026
Latest report · revenue vs estimate
Above estimate Jul 23, 2026
Latest report · EPS vs estimate
Above estimate Jul 23, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Jul 23, 2026$16.73B$16.70B$0.1500$0.0300
Apr 23, 2026$13.91B$13.79B−$0.4000−$0.4634
Jan 27, 2026$14.00B$14.03B$0.1600$0.3800
Oct 23, 2025$13.69B$13.63B−$0.1700−$0.2784

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$16.73B$71M$0.11 (diluted)
Q1 FY2026$13.91B-$382M-$0.58 (diluted)
Q4 FY2025$14.00B$99M$0.15 (diluted)
Q3 FY2025$13.69B-$114M-$0.17 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for American Airlines Group (AAL)?

Short answer

Cash and short-term investments were $7.77B at the Jun 30, 2026 balance-sheet date. Operating cash flow was $471.00M for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-13.

Liquidity has risen from the recent low, but debt remains far larger than cash and investments, leaving American deeply in a net-debt position. Short-term coverage ratios are weak, trailing profitability is thin, and the distress and quality screens reinforce the balance-sheet risk.

Cash generation is uneven. Operating cash flow has swung widely, and the latest period did not generate enough operating cash to cover capital expenditure. Fuel pressure and planned aircraft spending could make debt reduction difficult even if revenue continues to grow.

Sources (as of 2026-09-13): Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Cash decline over the reported window; Cash against market value; Trailing twelve-month ratio set; Distress and quality screens; Operating cash flow by quarter (USD millions); Management outlook — dated call excerpts

Data-derived red flags

  • Financial-distress signal — its Altman Z-Score of 0.67 sits in the distress zone (elevated bankruptcy risk).
  • Negative return on equity (-5.2%) — the business is not currently generating profit on shareholder capital.
  • Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$471.00M Jun 30, 2026
Previous quarter · operating cash flow
$4.22B Mar 31, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jun 30, 2026$471.00M−$822.00M
Mar 31, 2026$4.22B−$811.00M
Dec 31, 2025−$274.00M−$1.63B
Sep 30, 2025−$46.00M−$826.00M

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at American Airlines Group (AAL)?

Short answer · as of

The next earnings report is expected on Oct 22, 2026.

Research dated 2026-09-13.

Upcoming results need to show that network revenue growth is reaching operating profit rather than being absorbed by fuel and other costs. The prevailing estimate pairs lower revenue than the latest reported period with a loss, so profit conversion matters more than another revenue headline.

Cash flow is the harder confirmation. Management expects positive free cash flow and lower net debt for the full year while accepting new aircraft and funding substantial capital expenditure; operating cash should therefore cover aircraft spending, cash should remain resilient, and net debt should begin moving down.

Sources (as of 2026-09-13): Next earnings report; Analyst revenue and earnings estimates (average); Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Cash and short-term investments over time (USD millions); Cash, investments and debt; Management outlook — dated call excerpts

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. As Nat discussed, demand and pricing trends remain strong across the network and support our expectation for third quarter revenue growth of 16% to 19% year-over-year.

    Devon May ·

  2. Even against an expected nearly $6 billion year-over-year fuel headwind, we anticipate full year adjusted earnings to be break-even at the midpoint of our guidance range. We believe our strong revenue momentum on top of an efficient cost base will continue to drive progress over time.

    Robert Isom ·

  3. We expect to take 48 new aircraft this year, and we continue to expect approximately $4 billion of capital expenditures.

    Devon May ·

  4. At the midpoint of our current 2026 guide, we expect to produce positive free cash flow for the year and to finish the year with lower net debt than at the start of the year.

    Devon May ·

5 · Peer comparison

How does American Airlines Group compare with its peers?

Short answer

American Airlines Group's score ranks 13th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-13.

American belongs with network airlines, not with the airport operators and service companies included in its broader industry label. Its operating identity comes from a named collection of domestic hubs linked to partner gateways in major overseas markets.

Passenger travel overwhelmingly determines the revenue outcome, while cargo and other services remain supplementary. That concentration gives American a different economic profile from a diversified transport business: network demand and pricing can lift sales quickly, but aircraft spending and leverage leave less room when those gains fail to reach cash flow.

Sources (as of 2026-09-13): Sector / industry (provider taxonomy); Business description; Employees; Revenue by segment; Operating cash flow by quarter (USD millions); Cash, investments and debt; Management outlook — dated call excerpts

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) Same industry, near in market value$94.19 Oct 2, 2026$4.55B88 5-pillar Oct 4, 2026
SkyWest, Inc. (SKYW) Named competitor$96.43 Oct 2, 2026$3.82B85 5-pillar Oct 4, 2026
Copa Holdings, S.A. (CPA) Named competitor$132.48 Oct 2, 2026$5.46B82 5-pillar Oct 4, 2026
Corporación América Airports S.A. (CAAP) Same industry, near in market value$24.30 Oct 2, 2026$3.97B82 5-pillar Oct 4, 2026
Ryanair Holdings plc (RYAAY) Same industry, near in market value$55.05 Oct 2, 2026$28.6B77 5-pillar Oct 4, 2026
Southwest Airlines Co. (LUV) Same industry, near in market value$42.47 Oct 2, 2026$20.8B75 5-pillar Oct 4, 2026
Grupo Aeroportuario del Sureste, S. A. B. de C. V. (ASR) Same industry, near in market value$234.41 Oct 2, 2026$7.03B74 5-pillar Oct 4, 2026
LATAM Airlines Group S.A. (LTM) Same industry, near in market value$47.92 Oct 2, 2026$13.8B74 5-pillar Oct 4, 2026
United Airlines Holdings, Inc. (UAL) Same industry, near in market value$112.51 Oct 2, 2026$36.5B71 5-pillar Oct 4, 2026
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) Same industry, near in market value$200.90 Oct 2, 2026$10.4B70 5-pillar Oct 4, 2026
Alaska Air Group, Inc. (ALK) Named competitor$39.53 Oct 2, 2026$4.40B36 5-pillar Oct 4, 2026
Allegiant Travel Company (ALGT) Same industry, near in market value$77.61 Oct 2, 2026$2.09B34 5-pillar Oct 4, 2026
American Airlines Group (AAL) — this page$12.94$8.57B27

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Industrials stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$11.00 – $25.00
Consensus target
$18.27
Median target
$17.00

Consensus record · Captured .

Measured against a quoted price of $12.94 (as of Oct 2, 2026).

Insider activity

Form 4 records via FMP · Of the newest 100 records, those within the last 180 days, newest dated Sep 20, 2026

Transactions
30
Identified insiders
18
Purchases
0
Sales
9
Other transactions
21

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
79.1% Period end Jun 30, 2026
Previous quarter · ownership
67.1% Prior to period end Jun 30, 2026
Reporting holders
663 Period end Jun 30, 2026
Previous quarter · holders
651 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Primecap Management Co/Ca/70,732,954
Blackrock, INC.63,350,228
Vanguard Portfolio Management LLC29,895,581
Vanguard Capital Management LLC29,421,025
Two Sigma Investments, LP27,240,983

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What has been published about American Airlines Group (AAL)?

Read these with our analysis →

AAL Industrials Stock FAQ

Research dated 2026-09-13; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.

How do American Airlines passenger travel and cargo fit together?

Passenger travel supplies the overwhelming majority of revenue, while cargo and other services add smaller streams around the same network. The business should therefore be read primarily as a passenger carrier rather than a balanced passenger-and-freight operator.

Sources (as of 2026-09-13): Business description; Revenue by segment

Can American Airlines revenue momentum overcome its fuel headwind?

Management says demand and pricing remain strong, but it also expects fuel to impose a substantial drag. Confirmation requires revenue growth to produce sustained operating profit and free cash flow, not merely higher sales.

Sources (as of 2026-09-13): Management outlook — dated call excerpts; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions)

Why can American Airlines sales rise while profit stays weak?

Annual revenue changed only modestly while net income contracted sharply, and recent quarters show large swings in operating results around similar revenue levels. That pattern reflects how a small change in the spread between fares and operating costs can have an outsized effect on profit.

Sources (as of 2026-09-13): Annual revenue and net result (USD millions); Quarterly income statement (USD thousands); Trailing twelve-month ratio set

Will American Airlines aircraft spending prevent net debt reduction?

Planned aircraft additions and capital expenditure create a demanding cash hurdle, especially when debt already exceeds liquidity by a wide margin. Management expects positive free cash flow and lower net debt, making those outcomes direct tests of whether the spending program is financially manageable.

Sources (as of 2026-09-13): Management outlook — dated call excerpts; Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash against market value

What is the AAL stock price today?

The last price recorded on this page for American Airlines Group Inc. (AAL) is $12.94, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the AAL price target?

The analyst consensus price target for American Airlines Group Inc. (AAL) is $18.27 (range $11.00 to $25.00, median $17.00), per FMP data captured Oct 4, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-13. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-13): Legal name; Business description; Revenue by segment; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Cash, investments and debt; Management outlook — dated call excerpts

Sources — records for every figure on this page (79 figures)

The 79 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsDevon May (Jul 23, 2026): As Nat discussed, demand and pricing trends remain strong across the network and support our expectation for third quarter revenue growth of 16% to 19% year-over-year. Robert Isom (Jul 23, 2026): Even against an expected nearly $6 billion year-over-year fuel headwind, we anticipate full year adjusted earnings to be break-even at the midpoint of our guidance range. We believe our strong revenue momentum on top of an efficient cost base will continue to drive progress over time. Devon May (Jul 23, 2026): We expect to take 48 new aircraft this year, and we continue to expect approximately $4 billion of capital expenditures. Devon May (Jul 23, 2026): At the midpoint of our current 2026 guide, we expect to produce positive free cash flow for the year and to finish the year with lower net debt than at the start of the year.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business addressFort Worth, TXOFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "1 Skyview Drive, Fort Worth, TX, 76155, US".

FMP — 69 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateOct 22, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
px.lastLatest provided price$12.94FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T18:24:39.958Z.
px.changeChange on the day-1.45%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$8.57BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:01.000Z. Captured from FMP at 2026-10-04T18:24:37.712Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars−$0.19FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q2 FY2026$16.73BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.range5252-week range$10.09–$18.79FMPFinancial Modeling Prep (FMP) quote
px.pePrice / earnings (trailing)47.92FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day73.23MFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta1.33FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveRobert D. Isom Jr.FMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees143,400FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2021 through FY2025: FY2021 revenue $29.88B, net result −$1.99B; FY2022 revenue $48.97B, net result $127.00M; FY2023 revenue $52.79B, net result $822.00M; FY2024 revenue $54.21B, net result $846.00M; FY2025 revenue $54.63B, net result $111.00MFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsPassenger $49.64B · Passenger Travel $45.61B · Cargo and Freight $839.00M · Product and Service, Other $4.15BFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)21.0%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-06-30.revenue_kRevenue — period end 2026-06-30$16.73BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.sga_kSG&A — period end 2026-06-30$603.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.operating_result_kFMP standardized operating result — period end 2026-06-30$446.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.revenue_kRevenue — period end 2026-03-31$13.91BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.sga_kSG&A — period end 2026-03-31$507.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.operating_result_kFMP standardized operating result — period end 2026-03-31−$41.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.revenue_kRevenue — period end 2025-12-31$14.00BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.sga_kSG&A — period end 2025-12-31$530.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.operating_result_kFMP standardized operating result — period end 2025-12-31$452.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.revenue_kRevenue — period end 2025-09-30$13.69BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.sga_kSG&A — period end 2025-09-30$483.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.operating_result_kFMP standardized operating result — period end 2025-09-30$151.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-07-23.revenue_actualRevenue · reported — report date 2026-07-23$16.73BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-23.revenue_estimatedRevenue · estimate — report date 2026-07-23$16.70BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-23.eps_actualEPS · reported — report date 2026-07-23$0.1500Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-23.eps_estimatedEPS · estimate — report date 2026-07-23$0.0300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-23.revenue_actualRevenue · reported — report date 2026-04-23$13.91BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-23.revenue_estimatedRevenue · estimate — report date 2026-04-23$13.79BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-23.eps_actualEPS · reported — report date 2026-04-23−$0.4000Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-04-23.eps_estimatedEPS · estimate — report date 2026-04-23−$0.4634Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-01-27.revenue_actualRevenue · reported — report date 2026-01-27$14.00BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-01-27.revenue_estimatedRevenue · estimate — report date 2026-01-27$14.03BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-01-27.eps_actualEPS · reported — report date 2026-01-27$0.1600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-01-27.eps_estimatedEPS · estimate — report date 2026-01-27$0.3800Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-23.revenue_actualRevenue · reported — report date 2025-10-23$13.69BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-23.revenue_estimatedRevenue · estimate — report date 2025-10-23$13.63BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-23.eps_actualEPS · reported — report date 2025-10-23−$0.1700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-23.eps_estimatedEPS · estimate — report date 2025-10-23−$0.2784Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$7.77BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$471.00MFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$144.00MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$35.73BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.opcf.depth.2026-06-30.operating_cash_flow_mOperating cash flow — period end 2026-06-30$471.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.operating_cash_flow_mOperating cash flow — period end 2026-03-31$4.22BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-30.capex_mCapital expenditure (reported) — period end 2026-06-30−$822.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.capex_mCapital expenditure (reported) — period end 2026-03-31−$811.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.operating_cash_flow_mOperating cash flow — period end 2025-12-31−$274.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.capex_mCapital expenditure (reported) — period end 2025-12-31−$1.63BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.operating_cash_flow_mOperating cash flow — period end 2025-09-30−$46.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.capex_mCapital expenditure (reported) — period end 2025-09-30−$826.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$11.00 – $25.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$18.27FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$17.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP30 transactions · 0 purchases, 9 sales, 21 other transactions · 18 identified insiders · of the newest 100 records, those within the last 180 days, newest dated Sep 20, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.ownership_pctInstitutional ownership79.1%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership67.1%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders663FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders651FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesPrimecap Management Co/Ca/ — shares in provider snapshot70,732,954FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesBlackrock, INC. — shares in provider snapshot63,350,228FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesVanguard Portfolio Management LLC — shares in provider snapshot29,895,581FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesVanguard Capital Management LLC — shares in provider snapshot29,421,025FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesTwo Sigma Investments, LP — shares in provider snapshot27,240,983FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 3 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.historyReported versus estimated, recent quartersEPS beat 7 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-02 · Expired observation
fin.scoresDistress and quality screensAltman Z 0.67 · Piotroski F 3UNRECORDEDStored financial-scores observation — Captured 2026-10-03 · Expired observation
fin.ratiosReturn and yield ratios (trailing twelve months)ROE -5.2% · ROA 0.3% · current ratio 0.49 · earnings yield 2.1% · free-cash-flow yield 11.4%—UNRECORDEDStored key metrics — Date unknown

COMPUTED — 3 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments1.10×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $7.77B at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio.
earn.history.depth.2026-07-23.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($16.73B) with the recorded estimate ($16.70B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-07-23.eps_actual.comparisonLatest report · EPS vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.1500) with the recorded estimate ($0.0300) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v227 of 100 · Weak · pillars 47 / 9 / 56 / 33 / 50OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement27 (stored snapshot Oct 3, 2026) → 27 (current publication computed Oct 4, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive.

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-06-30.revenue_k, fin.q_table.depth.2026-06-30.sga_k, fin.q_table.depth.2026-06-30.operating_result_k, fin.q_table.depth.2026-03-31.revenue_k, fin.q_table.depth.2026-03-31.sga_k, fin.q_table.depth.2026-03-31.operating_result_k, fin.q_table.depth.2025-12-31.revenue_k, fin.q_table.depth.2025-12-31.sga_k, fin.q_table.depth.2025-12-31.operating_result_k, fin.q_table.depth.2025-09-30.revenue_k, fin.q_table.depth.2025-09-30.sga_k, fin.q_table.depth.2025-09-30.operating_result_k.
  2. Earnings-history note. Source series as of 2026-07-23. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-07-23.revenue_actual, earn.history.depth.2026-07-23.revenue_estimated, earn.history.depth.2026-07-23.revenue_actual.comparison, earn.history.depth.2026-07-23.eps_actual.comparison, earn.history.depth.2026-07-23.eps_actual, earn.history.depth.2026-07-23.eps_estimated, earn.history.depth.2026-04-23.revenue_actual, earn.history.depth.2026-04-23.revenue_estimated, earn.history.depth.2026-04-23.eps_actual, earn.history.depth.2026-04-23.eps_estimated, earn.history.depth.2026-01-27.revenue_actual, earn.history.depth.2026-01-27.revenue_estimated, earn.history.depth.2026-01-27.eps_actual, earn.history.depth.2026-01-27.eps_estimated, earn.history.depth.2025-10-23.revenue_actual, earn.history.depth.2025-10-23.revenue_estimated, earn.history.depth.2025-10-23.eps_actual, earn.history.depth.2025-10-23.eps_estimated.
  3. Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-06-30.operating_cash_flow_m, fin.opcf.depth.2026-03-31.operating_cash_flow_m, fin.opcf.depth.2026-06-30.capex_m, fin.opcf.depth.2026-03-31.capex_m, fin.opcf.depth.2025-12-31.operating_cash_flow_m, fin.opcf.depth.2025-12-31.capex_m, fin.opcf.depth.2025-09-30.operating_cash_flow_m, fin.opcf.depth.2025-09-30.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-13

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Legal name
American Airlines Group Inc.
2026-02-18OFFICIALSEC EDGAR — 10-K filed 2026-02-18
Business description
American Airlines Group Inc. functions as a prominent network air carrier, delivering scheduled air transportation for both passengers and freight. Its operations are anchored by key hubs located in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. Additionally, it expands its global reach through strategic partner gateways situated in London, Madrid, Seattle/Tacoma, Sydney, and Tokyo. As of December 31, 2021, the company maintained a substantial mainline fleet comprising 865 aircraft. This enterprise, established in 1930 and headquartered in Fort Worth, Texas, previously operated under the name AMR Corporation until its rebranding to American Airlines Group Inc. in December 2013.
2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Revenue by segment
Passenger: $49.64B; Passenger Travel: $45.61B; Cargo and Freight: $839.00M; Product and Service, Other: $4.15B
2025-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: $0.11 per share, SG&A: $603.00M, EPS basic: $0.11 per share, EPS basis: diluted, Revenue: $16.73B, EPS diluted: $0.11 per share, Net result: $71.00M, Gross profit: $3.47B, Operating result: $446.00M
  • Quarter ended 2026-03-31 — EPS: -$0.58 per share, SG&A: $507.00M, EPS basic: -$0.58 per share, EPS basis: diluted, Revenue: $13.91B, EPS diluted: -$0.58 per share, Net result: -$382.00M, Gross profit: $3.62B, Operating result: -$41.00M
  • Quarter ended 2025-12-31 — EPS: $0.15 per share, SG&A: $530.00M, EPS basic: $0.15 per share, EPS basis: diluted, Revenue: $14.00B, EPS diluted: $0.15 per share, Net result: $99.00M, Gross profit: $2.80B, Operating result: $452.00M
  • Quarter ended 2025-09-30 — EPS: -$0.17 per share, SG&A: $483.00M, EPS basic: -$0.17 per share, EPS basis: diluted, Revenue: $13.69B, EPS diluted: -$0.17 per share, Net result: -$114.00M, Gross profit: $2.38B, Operating result: $151.00M
  • Quarter ended 2025-06-30 — EPS: $0.91 per share, SG&A: $535.00M, EPS basic: $0.91 per share, EPS basis: diluted, Revenue: $14.39B, EPS diluted: $0.91 per share, Net result: $599.00M, Gross profit: $3.42B, Operating result: $1.14B
  • Quarter ended 2025-03-31 — EPS: -$0.72 per share, SG&A: $450.00M, EPS basic: -$0.72 per share, EPS basis: diluted, Revenue: $12.55B, EPS diluted: -$0.72 per share, Net result: -$473.00M, Gross profit: $1.88B, Operating result: -$270.00M
  • Quarter ended 2024-12-31 — EPS: $0.82 per share, SG&A: $481.00M, EPS basic: $0.9 per share, EPS basis: diluted, Revenue: $13.66B, EPS diluted: $0.82 per share, Net result: $590.00M, Gross profit: $3.19B, Operating result: $1.13B
  • Quarter ended 2024-09-30 — EPS: -$0.23 per share, SG&A: $468.00M, EPS basic: -$0.23 per share, EPS basis: diluted, Revenue: $13.65B, EPS diluted: -$0.23 per share, Net result: -$149.00M, Gross profit: $2.78B, Operating result: $89.00M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: -$822.00M, Operating cash flow: $471.00M
  • Quarter ended 2026-03-31 — Capital expenditure: -$811.00M, Operating cash flow: $4.22B
  • Quarter ended 2025-12-31 — Capital expenditure: -$1.63B, Operating cash flow: -$274.00M
  • Quarter ended 2025-09-30 — Capital expenditure: -$826.00M, Operating cash flow: -$46.00M
  • Quarter ended 2025-06-30 — Capital expenditure: -$499.00M, Operating cash flow: $963.00M
  • Quarter ended 2025-03-31 — Capital expenditure: -$824.00M, Operating cash flow: $2.46B
  • Quarter ended 2024-12-31 — Capital expenditure: -$740.00M, Operating cash flow: $398.00M
  • Quarter ended 2024-09-30 — Capital expenditure: -$468.00M, Operating cash flow: $277.00M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Cash, investments and debt
Total debt: $35.73B; Liquidity basis: cash and short-term investments; Total liabilities: $68.20B; Cash and short-term investments: $7.77B; Cash and investments: $7.91B; Long-term investments: $144.00M; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Management outlook — dated call excerpts
Captured record · 4 entries
  • Call of 2026-07-23 — Quote: As Nat discussed, demand and pricing trends remain strong across the network and support our expectation for third quarter revenue growth of 16% to 19% year-over-year., Speaker: Devon May
  • Call of 2026-07-23 — Quote: Even against an expected nearly $6 billion year-over-year fuel headwind, we anticipate full year adjusted earnings to be break-even at the midpoint of our guidance range. We believe our strong revenue momentum on top of an efficient cost base will continue to drive progress over time., Speaker: Robert Isom
  • Call of 2026-07-23 — Quote: We expect to take 48 new aircraft this year, and we continue to expect approximately $4 billion of capital expenditures., Speaker: Devon May
  • Call of 2026-07-23 — Quote: At the midpoint of our current 2026 guide, we expect to produce positive free cash flow for the year and to finish the year with lower net debt than at the start of the year., Speaker: Devon May

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-07-23OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Sector / industry (provider taxonomy)
Industrials / Airlines, Airports & Air Services

The company's SEC filings classify it under SIC 4512 — Air Transportation, Scheduled.

2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $0, Revenue: $54.63B, Period end: 2025-12-31, Net result: $111.00M
  • FY2024 — R&D: $0, Revenue: $54.21B, Period end: 2024-12-31, Net result: $846.00M
  • FY2023 — R&D: $0, Revenue: $52.79B, Period end: 2023-12-31, Net result: $822.00M
  • FY2022 — R&D: $0, Revenue: $48.97B, Period end: 2022-12-31, Net result: $127.00M
  • FY2021 — R&D: $0, Revenue: $29.88B, Period end: 2021-12-31, Net result: -$1.99B
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-07-23 — EPS actual: $0.15 per share, EPS estimated: $0.03 per share, Revenue actual: $16.73B, Revenue estimated: $16.70B
  • Reported 2026-04-23 — EPS actual: -$0.4 per share, EPS estimated: -$0.46336 per share, Revenue actual: $13.91B, Revenue estimated: $13.79B
  • Reported 2026-01-27 — EPS actual: $0.16 per share, EPS estimated: $0.38 per share, Revenue actual: $14.00B, Revenue estimated: $14.03B
  • Reported 2025-10-23 — EPS actual: -$0.17 per share, EPS estimated: -$0.27842 per share, Revenue actual: $13.69B, Revenue estimated: $13.63B
  • Reported 2025-07-24 — EPS actual: $0.95 per share, EPS estimated: $0.78 per share, Revenue actual: $14.39B, Revenue estimated: $14.29B
  • Reported 2025-04-24 — EPS actual: -$0.59 per share, EPS estimated: -$0.69396 per share, Revenue actual: $12.55B, Revenue estimated: $12.54B
  • Reported 2025-01-23 — EPS actual: $0.86 per share, EPS estimated: $0.39 per share, Revenue actual: $13.66B, Revenue estimated: $13.14B
  • Reported 2024-10-24 — EPS actual: $0.3 per share, EPS estimated: $0.1797 per share, Revenue actual: $13.65B, Revenue estimated: $13.50B
2026-07-23FMPFinancial Modeling Prep (FMP) earnings
Cash and investment components
Total basis: cash short and long-term investments; Total: $7.91B; Cash and short-term investments: $7.77B; Long-term investments: $144.00M; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-06-30COMPUTEDComputed from the balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-30 — Amount: $7.77B, Cash basis: cash and short-term investments
  • 2026-03-31 — Amount: $7.29B, Cash basis: cash and short-term investments
  • 2025-12-31 — Amount: $6.57B, Cash basis: cash and short-term investments
  • 2025-09-30 — Amount: $6.86B, Cash basis: cash and short-term investments
  • 2025-06-30 — Amount: $8.57B, Cash basis: cash and short-term investments
  • 2025-03-31 — Amount: $7.47B, Cash basis: cash and short-term investments
  • 2024-12-31 — Amount: $6.98B, Cash basis: cash and short-term investments
  • 2024-09-30 — Amount: $8.47B, Cash basis: cash and short-term investments
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Cash decline over the reported window
To: 2026-06-30; From: 2024-09-30; Periods: 7; Cash basis: cash and short-term investments; Closing balance: $7.77B; Decline: $702.00M; Opening balance: $8.47B; Average change per period: $100.30M

Change in cash, cash equivalents and short-term investments between the 2024-09-30 and 2026-06-30 balance sheets.; This is a balance change, not operating burn: financing and investing move it too.; Averaged over 7 reporting periods of unequal length.

2026-06-30COMPUTEDComputed from reported balances
Cash against market value
As of: 2026-06-30; Cash basis: cash and short-term investments; Net cash: -$27.96B; Total debt: $35.73B; Cash and investments: $7.77B

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-06-30COMPUTEDComputed from the balance sheet and the latest market capitalization
Trailing twelve-month ratio set
Quick ratio: 0.42; Current ratio: 0.53; Debt to equity: -9; Net margin: -0.6%; Gross margin: 21%; Operating margin: 1.7%; Return on assets: -0.5%; Return on equity: 8.3%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-13FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Distress and quality screens
Altman Z-score: 0.67; Piotroski F-score: 3

Altman Z below 1.8 is the conventional distress zone. The screen is built for manufacturers and industrials; for banks, insurers and property companies it is not a meaningful reading.

2026-09-13FMPFinancial Modeling Prep (FMP) financial scores
Next earnings report
Date: 2026-10-22; EPS estimate: -$0.32 per share; Revenue estimate: $16.14B

The date is our provider's estimate until the company confirms it.

2026-09-13FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2027 — EPS average: $2.32 per share, Revenue average: $66.18B, Revenue low: $60.99B, Revenue high: $69.35B, Analysts (revenue): 17
  • FY2028 — EPS average: $3.13 per share, Revenue average: $69.12B, Revenue low: $60.77B, Revenue high: $72.10B, Analysts (revenue): 17
  • FY2029 — EPS average: $3.26 per share, Revenue average: $71.70B, Revenue low: $67.48B, Revenue high: $73.82B, Analysts (revenue): 13
  • FY2030 — EPS average: $3.2 per share, Revenue average: $77.52B, Revenue low: $72.96B, Revenue high: $79.82B, Analysts (revenue): 8
2026-09-13FMPFinancial Modeling Prep (FMP) analyst estimates
Employees
Count: 143,400
2025-12-31FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

ETFs that hold AAL

Funds in our ETF coverage that list AAL among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.

ETFWeightHoldings as of
Harbor Long-Short Equity ETF (LSEQ) (LSEQ)2.66%