American Airlines Group Inc. (AAL) — Financial statements
Income statement, balance sheet, and cash flow for American Airlines Group Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 54,633↑0.8% | 54,211↑2.7% | 52,788↑7.8% | 48,971↑63.9% | 29,882 | |
| Cost of Revenue | 44,162↑3.3% | 42,746↑4.3% | 40,978↑2.6% | 39,934↑33.8% | 29,855 | |
| Gross Profit | 10,471↓8.7% | 11,465↓2.9% | 11,810↑30.7% | 9,037↑33370.4% | 27 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 1,997↑10.2% | 1,812↑0.7% | 1,799↓0.9% | 1,815↑65.3% | 1,098 | |
| SG&A Expenses | 1,997↑10.2% | 1,812↑0.7% | 1,799↓0.9% | 1,815↑65.3% | 1,098 | |
| Other Expenses | 7,007↓0.5% | 7,039↑0.9% | 6,977↑24.3% | 5,615↑46891.7% | -12 | |
| Operating Expenses | 9,004↑1.7% | 8,851↑0.9% | 8,776↑18.1% | 7,430↑584.2% | 1,086 | |
| Total Costs & Expenses | 53,166↑3.0% | 51,597↑3.7% | 49,754↑5.0% | 47,364↑53.1% | 30,941 | |
| Operating Results | ||||||
| Operating Income | 1,467↓43.9% | 2,614↓13.8% | 3,034↑88.8% | 1,607↑251.7% | -1,059 | |
| Depreciation & Amortization | 1,975↑2.5% | 1,926↓0.5% | 1,936↓2.1% | 1,977↓15.3% | 2,335 | |
| EBITDA | 3,881↓22.6% | 5,014↓3.6% | 5,202↑26.1% | 4,125↑159.9% | 1,587 | |
| EBIT | 1,906↓38.3% | 3,088↓5.5% | 3,266↑52.0% | 2,148↑387.2% | -748 | |
| Interest & Other Income | ||||||
| Net Interest Income | -1,359↑7.3% | -1,466↑5.7% | -1,554↑11.0% | -1,746↑2.0% | -1,782 | |
| Interest Income | 357↓23.7% | 468↓20.8% | 591↑173.6% | 216↑1100.0% | 18 | |
| Interest Expense | 1,716↓11.3% | 1,934↓9.8% | 2,145↑9.3% | 1,962↑9.0% | 1,800 | |
| Non-Operating Income | -439↑7.4% | -474↓104.3% | -232↑57.1% | -541↓74.0% | -311 | |
| Other Income / Expenses | -1,277↑12.5% | -1,460↑23.7% | -1,913↓34.6% | -1,421↑4.6% | -1,489 | |
| Income Before Tax | 190↓83.5% | 1,154↑2.9% | 1,121↑502.7% | 186↑107.3% | -2,548 | |
| Income Tax Expense | 79↓74.4% | 308↑3.0% | 299↑406.8% | 59↑110.6% | -555 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 111↓86.9% | 846↑2.9% | 822↑547.2% | 127↑106.4% | -1,993 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 111↓86.9% | 846↑2.9% | 822↑547.2% | 127↑106.4% | -1,993 | |
| Bottom-Line Net Income | 111↓86.9% | 846↑2.9% | 822↑547.2% | 127↑106.4% | -1,993 | |
| EPS (Basic) | 0.17↓86.8% | 1.29↑2.4% | 1.26↑530.0% | 0.20↑106.5% | -3.09 | |
| EPS (Diluted) | 0.17↓86.3% | 1.24↑8.8% | 1.14↑500.0% | 0.19↑106.1% | -3.09 | |
| Weighted Average Shares | 660↑0.5% | 657↑0.5% | 654↑0.5% | 650↑1.0% | 644 | |
| Weighted Average Diluted Shares | 662↓8.2% | 721↑0.2% | 720↑9.9% | 655↑1.7% | 644 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.