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Companies / Industrials / American Airlines Group Inc.
AAL

American Airlines Group Inc.

IndustrialsAir Transportation
Ticker AALFORT WORTH, TXFiscal year ends DecemberBook value per share $-6.38Diluted shares 662.0M

American Airlines Group Inc. (Nasdaq: AAL) is a holding company whose principal business is scheduled passenger and cargo air transportation through its wholly owned American Airlines, Envoy, PSA and Piedmont subsidiaries, together with third-party regional carriers. American and its regional partners operate through… From the company’s description.

Over the twelve months to Sep 30, 2026, American Airlines Group Inc. reported revenue of $60.98B, up 12.3% from a year earlier. Its operating margin was 1.6%, and operations generated $4.27B in cash. In fiscal 2025, it reported revenue of $54.63B, up 0.8% from fiscal 2024, and net income of $111.00M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$54.63BFY2025
+0.8% year over year
Last 12 mo $60.98B
2.69%FY2025
−2.1 percentage points
Last 12 mo 1.60%
$111.00MFY2025
−86.9% year over year
-2.98%FY2025
+18.3 percentage points
Last 12 mo 11.39%
Cash & financing
$3.10BFY2025
−22.2% year over year
Last 12 mo $4.27B
$-680.00MFY2025
−152.3% year over year
Last 12 mo $-91.00M
-8.03FY2025
Was -7.66× a year earlier
Last 12 mo -7.24
661.1MFY2025
−8.4% year over year
Last 12 mo 662.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What American Airlines Group Inc. does

In the company’s own words

American Airlines Group Inc. (Nasdaq: AAL) is a holding company whose principal business is scheduled passenger and cargo air transportation through its wholly owned American Airlines, Envoy, PSA and Piedmont subsidiaries, together with third-party regional carriers. American and its regional partners operate through the American Eagle brand, serving more than 350 destinations worldwide via a network of hubs and international partner gateways. The company also transports freight and mail, and sells travel through its website, app, reservations centers and third-party distributors. Its AAdvantage loyalty program rewards travel and purchases with American, its airline partners and more than 1,000 non-flight partners; members can redeem miles for flights, upgrades, lounge access and other awards. American is a founding member of the oneworld Alliance and participates in international joint businesses and other airline partnerships. In 2025, approximately 224 million passengers boarded its flights, and the company had about 139,100 active full-time-equivalent employees at year-end. Its website is www.aa.com.

Company details
Sector
Industrials
Industry (SIC)
Air Transportation
Headquarters
FORT WORTH, TX
Fiscal year end
December
CIK
6201
SIC
4512

Financial performance, year by year

Fiscal 2011–2025 · USD
$-15.87B$5.09B$26.05B$47.01B$67.97B201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns American Airlines Group Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

310
funds hold it
1 of 35
superinvestors hold it
$3.88B
held by funds, at market
34.6%
of shares held by funds
6
bond issues held by funds

Superinvestors in American Airlines Group Inc. · what they did last quarter

David TepperNEW
Appaloosa
1.8%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · American Airlines Group Inc.’s weight in each

VANGUARD PRIMECAP FUND
VPMCX · VANGUARD CHESTER FUNDS
0.56%of fund net assets
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.33%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.15%of fund net assets
VANGUARD CAPITAL OPPORTUNITY FUND
VHCOX · VANGUARD HORIZON FUNDS
0.83%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

American Airlines Group Inc.’s bonds, as funds hold them

Funds report holding 6 issues of American Airlines Group Inc.’s debt, $288.55M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 6.84%, maturing 2028 to 2038.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do American Airlines Group Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of American Airlines Group Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in American Airlines Group Inc.'s last four quarterly filings that the numbers alone won't show?”
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