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UPDATED: Nov 10, 2025

Stock Analysis

AAL Logo
$13.31
-$0.34 |-2.49%
Day Range:
$13.27 - $14.05
Market Cap:
8.81B
P/E Ratio:
15.6897
Avg Value:
$13.80
Year Range:
$8.50 - $19.10
1
General Information
American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles.

Its major US hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of US airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of US legacy carriers.

2
American Airlines Group (AAL) Stock Graph
3
How We Grade American Airlines Group (AAL)

We grade stocks based on past performance, their future growth potential, intrinsic value, dividend history, and overall financial health.

The chart below shows how we grade American Airlines Group (AAL) across the board compared to its closest peers.

4
Benzinga Edge Rankings

Benzinga Edge stock rankings give you four critical scores to help you identify the strongest and weakest stocks to buy and sell.

54.78

Growth measures a stock's combined historical expansion in earnings and revenue across multiple time periods, with emphasis on both long-term trends and recent performance.

35.38

Value is a percentile-ranked composite metric that evaluates a stock's relative worth by comparing its market price to fundamental measures of the company's assets, earnings, sales, and operating performance.

Momentum measures a stock's relative strength based on its price movement patterns and volatility over multiple timeframes, ranked as a percentile against other stocks.

Stock Score Locked: Want to See it?
Benzinga Rankings give you vital metrics on any stock – anytime.
5
Peer Ratings

See how American Airlines Group compares to its peers in these key performance metrics from Benzinga Rankings.

Top Peers
Value
Quality
Growth
Momentum
Short
Medium
Long
CPACopa Holdings
82.74
0
82.69
79.47
ALKAlaska Air Gr
50.93
42.08
25.08
17.89
LTMLATAM Airlines Group
35.26
0
97.73
86.86
JOBYJoby Aviation
0
0
0
96.74
Short: price trend over the last couple of months
Medium: price trend over the last couple of quarters
Long: price trend over the past year
Stock Score Locked: Want to See it?
Benzinga Rankings give you vital metrics on any stock – anytime.
6
Future Growth
Our estimate of future price growth is based on an aggregation of 8 analyst ratings over the past 3 months and their 12-month price targets.

Below, you can see that analysts are estimating a 12-month price target range of $10.00 - $20.00 with an average of $13.63

2.10%
Expected movement for American Airlines Group (AAL) over the next 12 months
Based on these rankings

Recent Ratings for American Airlines Group (AAL)

UBS
Date:
Oct 24, 2025
Action:
Maintains
Prev. Target:
$13.00
New Target:
$14.00
Susquehanna
Date:
Oct 3, 2025
Action:
Maintains
Prev. Target:
$10.00
New Target:
$12.00
Jefferies
Date:
Oct 1, 2025
Action:
Maintains
Prev. Target:
$12.00
New Target:
$13.00
Evercore ISI Group
Date:
Sep 29, 2025
Action:
Maintains
Prev. Target:
$13.00
New Target:
$14.00
UBS
Date:
Sep 26, 2025
Action:
Maintains
Prev. Target:
$12.00
New Target:
$13.00
JP Morgan
Date:
Sep 12, 2025
Action:
Maintains
Prev. Target:
$17.00
New Target:
$20.00
Goldman Sachs
Date:
Aug 27, 2025
Action:
Maintains
Prev. Target:
$8.00
New Target:
$10.00
B of A Securities
Date:
Aug 18, 2025
Action:
Maintains
Prev. Target:
$12.00
New Target:
$13.00
7
Valuation

Earnings History (3 years)

It is important to look at a companies earnings history to see not only if they are profitable, but if their earnings are growing.
As you can see from the chart above, AAL's earnings have fluctuated but has decreased since, this is a negative sign for the stock.
8
Financial Health
What is the current state of the company's financial situation?

We measure the health of a company based on how profitable they are and their ability to cover both their short-term and long-term debts. The key indicators that we use are the Operating Margin, Quick Ratio, and Debt-to-Equity ratio relative to the companies peers

Operational Margin 0.0115

The operating margin measures how much profit a company makes after it spends money on wages, materials or other administrative expenses but before interest and taxes. It is a good representation of how efficiently a company is able to generate profit from its core operations.

Quick Ratio 0.3607

The quick ratio measures how much of a company's debt, that is due in less than 1 year, can be covered using its cash equivalents, marketable securities, and money that is currently owed to them (accounts receivables).

A company with a quick ratio of less than 1.00 does not, in many cases, have the capital on hand to meet its short-term obligations if they were all due at once, while a quick ratio greater than one indicates the company has the financial resources to remain solvent in the short term.

Debt-to-Equity -16.6843

Debt-to-equity is calculated by dividing a company's total liabilities by its shareholders equity. It is a measure of the degree to which a company is financing its operations through debt versus wholly owned funds. Generally speaking, a D/E ratio below 1.0 would be seen as relatively safe, whereas ratios of 2.0 or higher would be considered risky.

The chart above shows American Airlines Group (AAL) operating margin, quick ratio, and debt-to-equity ratio compared to its peers. The black markers represent the peer averages for each ratio and the blue bars represent American Airlines Group (AAL) ratio values.
9
Past Performance
How has American Airlines Group (AAL) performed over the past 5 years?

The two main factors that we consider when analyzing past performance is overall return and volatility

Using these two metrics, we can determine if this stock gave its investors enough return for the risk that they took on by owning it. This is measured by the sharpe ratio, which has been used as a primary measure of risk/reward trade-off for almost 60 years.

This ratio can be interpreted as the amount of return an investor has received for the amount of risk that they took on by owning the stock over that timeframe.

American Airlines Group (AAL) sharpe ratio over the past 5 years is 0.1121 which is considered to be above average compared to the peer average of -0.0908

10
Analyzing American Airlines Group (AAL) Recent Options Activity
Below, you can see the trend in options sentiment over the past 30 days.

Based on our data, AAL's options trades have recently carried more negative sentiment than positive.

11
Company Financials
INCOME STATEMENT
The income statement also known as the profit and loss statement, primarily focuses on the company's revenues and expenses during a particular period.

The main purpose of an income statement is to convey details of profitability and business activities. Below, is AAL's income statement for the previous four years along with its trailing-twelve- month profit & loss.

FISCAL YEAR (BIL.)
2021 ($)
2022 ($)
2023 ($)
2024 ($)
TTM ($)
Total Revenue
29.88
48.97
52.79
54.21
54.29
Operating Revenue
27.38
45.80
49.32
50.39
50.22
Cost Of Revenue
29.85
39.94
40.98
42.75
43.44
Gross Profit
0.03
9.04
11.81
11.47
10.86
Operating Expense
5.09
7.24
7.80
8.24
8.60
Selling General And Administration
1.10
1.81
1.80
1.81
1.95
Research and Development
0.00
0.00
0.00
0.00
0.00
Operating Income
-5.07
1.80
4.00
3.22
2.26
Net Non-Operating Interest Income Expense
-1.78
-1.75
-1.55
-1.47
-1.37
Other Income Expense
4.30
0.13
-1.33
-0.60
-0.04
Other Non-Operating Income Expenses
0.29
0.33
-0.36
0.00
0.07
Pre-Tax Income
-2.55
0.19
1.12
1.15
0.84
Tax Provision
-0.56
0.06
0.30
0.31
0.24
Net Income
-1.99
0.13
0.82
0.85
0.60
Net Income Common Stockholders
-1.99
0.13
0.82
0.85
0.60
Total Operating Income As Reported
-1.06
1.61
3.03
2.61
2.15
Total Expenses
34.95
47.17
48.78
50.99
52.03
Net Income From Continuing And Discontinued Operation
-1.99
0.13
0.82
0.85
0.60
Normalized Income
-5.12
0.28
1.59
1.33
0.68
Interest Income
0.02
0.22
0.59
0.47
0.39
Interest Expense
1.80
1.96
2.14
1.93
1.76
Net Interest Income
-1.78
-1.75
-1.55
-1.47
-1.37
EBIT
-0.75
2.15
3.27
3.09
2.61
EBITDA
-0.75
2.15
3.27
3.09
2.61
Reconciled Cost Of Revenue
29.85
39.94
40.98
42.75
43.44
Reconciled Depreciation
0.00
0.00
0.00
0.00
0.00
Normalized EBITDA
-4.75
2.34
4.24
3.70
2.71
Tax Rate For Calcs
0.00
0.00
0.00
0.00
0.20
Tax Effect Of Unusual Items
0.88
-0.04
-0.20
-0.13
-0.03
BALANCE SHEET
The balance sheet is a snapshot of a companies financials during a particular period in time.

It breaks down what company owns (assets) and what a company owes (liabilities), in order to give investors an overview of its capital structure.

FISCAL YEAR (BIL.)
2021 ($)
2022 ($)
2023 ($)
2024 ($)
TTM ($)
Total Assets
66.47
64.72
63.06
61.78
62.14
Current Assets
17.34
15.27
13.57
13.15
13.25
Total Non-Current Assets
49.13
49.45
49.49
48.63
48.89
Total Liabilities Net Minority Interest
73.81
70.52
68.26
65.76
66.10
Current Liabilities
19.01
21.50
22.06
24.30
24.64
Other Non-Current Liabilities
1.33
1.26
1.56
1.71
1.57
Total Equity Gross Minority Interest
-7.34
-5.80
-5.20
-3.98
-3.96
Stockholders Equity
0.00
0.00
0.00
0.00
0.00
Total Capitalization
28.23
26.59
24.07
21.18
21.15
Common Stock Equity
-7.34
-5.80
-5.20
-3.98
-3.96
Net Tangible Assets
-13.42
-11.95
-11.34
-10.11
-10.09
Working Capital
-1.67
-6.23
-8.49
-11.14
-11.39
Invested Capital
30.72
29.86
27.70
26.50
24.76
Tangible Book Value
-13.42
-11.95
-11.34
-10.11
-10.09
Total Debt
46.18
43.69
40.66
37.54
36.06
Net Debt
37.79
35.22
32.32
29.67
27.88
Share Issued
0.65
0.65
0.65
0.66
0.66
Ordinary Shares Number
0.65
0.65
0.65
0.66
0.66
CASH FLOW STATEMENTS
A companies statement of cash flows gives an investor a break down of the cash inflows and outflows from a companies operations and investment activities.
FISCAL YEAR (BIL.)
2021 ($)
2022 ($)
2023 ($)
2024 ($)
TTM ($)
Cash Flow from Continuing Operating Activities
Net Income from Continuing Operations
Depreciation and Amortization
Deferred Tax
Deferred Income Tax
Stock-Based Compensation
Other Non-Cash Items
Change in Working Capital
Change in Receivables
Changes in Account Receivables
Change in Inventory
Change in Payables and Accrued Expense
Change in Payable
Change in Account Payable
Change in Other Current Assets
Change in Other Current Liabilities
Change in Other Working Capital
Cash Flow from Continuing Investing Activities
-5.98
0.64
-0.50
-0.97
-0.64
Net PPE Purchase and Sale
0.17
-0.21
Net Business Purchase and Sale
Purchase of Business
Net Investment Purchase and Sale
-5.53
3.71
1.54
0.82
1.59
Purchase of Investment
-19.45
-11.26
-7.32
-7.19
-5.47
Sale of Investment
13.92
14.97
8.86
8.01
7.06
Net Other Investing Changes
-0.39
0.33
0.24
0.36
Financing Cash Flow
5.29
-2.63
-3.21
-2.79
-3.13
Cash Flow from Continuing Financing Activities
5.29
-2.63
-3.21
-2.79
-3.13
Net Issuance Payments of Debt
4.85
-2.68
-2.90
-2.80
-3.27
Net Long-Term Debt Issuance
4.85
-2.68
-2.90
-2.80
-3.27
Long-Term Debt Issuance
12.19
1.07
4.82
1.67
2.59
Long-Term Debt Payments
-7.34
-3.75
-7.72
-4.47
-5.86
Net Short-Term Debt Issuance
Net Common Stock Issuance
0.44
-0.02
Common Stock Issuance
0.46
Common Stock Payments
Cash Dividends Paid
Net Other Financing Charges
0.07
-0.31
0.14
End Cash Position
1.74
2.11
2.73
3.28
3.70
Changes in Cash
0.01
0.18
0.10
0.22
0.01
Beginning Cash Position
1.73
1.93
2.64
3.06
3.70
Capital Expenditure
-2.91
-2.60
-2.68
-2.89
Issuance of Capital Stock
0.46
Issuance of Debt
12.19
1.07
4.82
1.67
2.59
Repayment of Debt
-7.34
-3.75
-7.72
-4.47
-5.86
Repurchase of Capital Stock
Free Cash Flow
0.29
-0.73
1.21
1.30
0.88