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American Airlines Group Inc. AAL

Nasdaq · stock · Air Transportation, Scheduled · website · IPO 2013-12-09 · LEI

American Airlines Group Inc. statistics & valuation

P / E106.5×
P / S0.2×
Net margin0.2%
Net debt$24.6B
Net debt / EBITDA6.7×
Enterprise value USD$36.5B
EV / EBITDA9.9×
Earnings yield EBIT/EV4%
Return on capital3.9%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
6.40% 3.00% 3.20% 3.70% -51.20% -6.70% 0.30% 1.60% 1.60% 0.20% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
12.60% 9.90% 6.00% 6.70% -60.10% -3.50% 3.30% 5.70% 4.80% 2.70% 2016201720182019202020212022202320242025
Return on equity (%)
2016201720182019202020212022202320242025
Shares outstanding
556.1M 491.7M 465.7M 444.3M 621.5M 647.7M 655.1M 719.7M 721.3M 661.1M 2016201720182019202020212022202320242025
Net debt ($)
$21.82B $20.57B $20.90B $29.32B $35.01B $31.84B $28.89B $24.62B $24.64B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
5.00% 2.40% 2.30% 2.80% -14.30% -3.00% 0.20% 1.30% 1.40% 0.20% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
2016201720182019202020212022202320242025
EPS ($)
$4.65 $2.61 $3.03 $3.79 -$18.36 -$3.09 $0.19 $1.21 $1.24 $0.17 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

American Airlines Group Inc. trades at about 87.8× earnings — above its 10-year norm (10-year range 3.5×–84.9×, median 12.5×).

3.5× 87.8×

Shaded band = 10-year range (3.5×–84.9×); dot = today's 87.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin2.7%4.8%5.7%3.3%-3.5%-60.1%6.7%6.0%9.9%12.6%
Net margin0.2%1.6%1.6%0.3%-6.7%-51.2%3.7%3.2%3.0%6.4%
Return on assets0.2%1.4%1.3%0.2%-3.0%-14.3%2.8%2.3%2.4%5.0%
Return on equity-3.0%-21.3%-15.8%-2.2%27.2%129.4%-1428.8%-835.5%-164.4%-909.9%
Debt / equity-6.61×-6.19×-5.55×-5.49×-4.77×-4.27×-177.08×-121.69×-27.97×
Current ratio0.500.540.620.710.910.670.450.480.600.74

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.