American Airlines Group Inc.

10-K & 10-Q Filings

American Airlines Group Inc. (AAG) is a holding company with its principal subsidiaries being American Airlines, Inc. (American) and three regional airlines: Envoy Aviation Group Inc., PSA Airlines, Inc., and Piedmont Airlines, Inc. American Airlines is a major network air carrier providing scheduled air transportation through hubs in various cities. The company operates 965 mainline aircraft and 556 regional aircraft. American is a founding member of the oneworld Alliance, which links the networks of member carriers to enhance customer service and provide smooth connections. The company's business strategy includes distribution and marketing agreements, joint business agreements, and marketing relationships with various airlines. American's AAdvantage program is a loyalty program that offers benefits and rewards to travelers for their continued patronage. The company's website is www.aa.com, and its ticker symbol is AAL.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$23979.00
24855.00
26743.00
42650.00
40990.00
40180.00
42207.00
44541.00
45768.00
17337.00
29882.00
48971.00
52788.00
12189.00
12570.00
6.80%3.13%Cost of Revenue (-)
$8304.00
8717.00
7839.00
10592.00
6226.00
5071.00
6128.00
8053.00
7526.00
2581.00
6792.00
13791.00
12257.00
3167.00
2980.00
3.30%-5.90%Gross Profit (+)
$15675.00
16138.00
18904.00
32058.00
34764.00
35109.00
36079.00
36488.00
38242.00
14756.00
23090.00
35180.00
40531.00
9022.00
9590.00
8.24%6.30%Selling, General & Administrative (-)
$8115.00
7947.00
6618.00
10052.00
10918.00
12213.00
13293.00
13771.00
14211.00
11473.00
12915.00
14787.00
16379.00
3719.00
4275.00
6.03%14.95%Depreciation & Amortization (-)
$1086.00
1015.00
853.00
1295.00
1364.00
1525.00
1702.00
1839.00
1982.00
2040.00
2019.00
1977.00
1936.00
486.00
470.00
4.94%-3.29%Operating Expenses (-)
$16729.00
16031.00
17505.00
27809.00
28560.00
29825.00
32021.00
33832.00
35177.00
25177.00
24149.00
33573.00
37497.00
8584.00
9583.00
6.96%11.64%Costs & Expenses (Total) (-)
$25033.00
24748.00
25344.00
38401.00
34786.00
34896.00
38149.00
41885.00
42703.00
27758.00
30941.00
47364.00
49754.00
11751.00
12563.00
5.89%6.91%Operating Income/Loss (+)
$-1054.00
107.00
1399.00
4249.00
6204.00
5284.00
4058.00
2656.00
3065.00
-10421.00
-1059.00
1607.00
3034.00
438.00
7.00
-98.40%Non-operating Income/Expense (+)
$-807.00
-344.00
-924.00
-1037.00
-1588.00
-985.00
-974.00
-772.00
-809.00
-1032.00
-1489.00
-1421.00
-1913.00
-421.00
-420.00
0.24%Interest Expense (-)
$826.00
662.00
866.00
887.00
880.00
991.00
1053.00
1056.00
1095.00
1227.00
1800.00
1962.00
2145.00
540.00
497.00
8.28%-7.96%Earnings before Tax (+)
$-1979.00
-2445.00
-2180.00
3212.00
4616.00
4299.00
3084.00
1884.00
2256.00
-11453.00
-2548.00
186.00
1121.00
17.00
-413.00
-2529.41%Tax Expense (-)
$
-569.00
-346.00
330.00
-2994.00
1623.00
1165.00
472.00
570.00
-2568.00
-555.00
59.00
299.00
7.00
-101.00
-1542.86%Income/Loss (Continuing Operations) (+)
$-1979.00
-1876.00
-1834.00
2882.00
7610.00
2676.00
1919.00
1412.00
1686.00
-8885.00
-1993.00
127.00
822.00
10.00
-312.00
-3220.00%Net Income/Loss (+)
$-1979.00
-1876.00
-1834.00
2882.00
7610.00
2676.00
1919.00
1412.00
1686.00
-8885.00
-1993.00
127.00
822.00
10.00
-312.00
-3220.00%Net Income/Loss (Common) (+)
$-1979.00
-1876.00
-1834.00
2882.00
7610.00
2676.00
1919.00
1412.00
1686.00
-8885.00
-1993.00
127.00
822.00
10.00
-312.00
-3220.00%EPS (Basic)
$-5.91
-5.60
-11.25
4.02
11.39
4.85
3.92
3.04
3.80
-18.36
-3.09
0.20
1.26
0.02
-0.48
-2500.00%EPS (Diluted)
$-5.91
-5.60
-11.25
3.93
11.07
4.81
3.90
3.03
3.79
-18.36
-3.09
0.19
1.21
0.02
-0.48
-2500.00%Weighted Avg Shares (Basic)
335.27
335.27
163.05
717.46
668.39
552.31
489.16
464.24
443.36
483.89
644.01
650.35
653.61
652.00
655.85
5.72%0.59%Weighted Avg Shares (Diluted)
163.05
734.02
687.36
556.10
491.69
465.66
444.27
483.89
644.01
655.12
719.67
656.71
655.85
-0.13%Cash
$1021.00
1330.00
2175.00
1768.00
1085.00
960.00
613.00
429.00
438.00
854.00
1263.00
1435.00
1488.00
1407.00
1499.00
3.19%6.54%Short-term Investments
$3718.00
3412.00
8111.00
6309.00
5864.00
6037.00
4771.00
4485.00
3546.00
6619.00
12158.00
8525.00
7000.00
11041.00
7696.00
5.41%-30.30%Receivables
$902.00
1124.00
1560.00
1771.00
3406.00
1594.00
1752.00
1706.00
1750.00
1342.00
1505.00
2138.00
2026.00
1989.00
2070.00
6.98%4.07%Prepaid Expenses (Current)
$
1260.00
748.00
639.00
651.00
495.00
621.00
666.00
615.00
892.00
658.00
907.00
777.00
-14.33%Other Assets (Current)
$1116.00
1206.00
2477.00
1004.00
863.00
1094.00
1359.00
1522.00
1851.00
1614.00
1795.00
2279.00
2400.00
2308.00
2500.00
6.59%8.32%Assets (Current)
$6757.00
7072.00
14323.00
12112.00
9985.00
10324.00
9146.00
8637.00
8206.00
11095.00
17336.00
15269.00
13572.00
17652.00
14542.00
5.98%-17.62%Property, Plant & Equipment (Net)
$13913.00
13119.00
19259.00
23084.00
27510.00
31159.00
34156.00
34098.00
34995.00
31699.00
29537.00
30200.00
30764.00
30144.00
31157.00
6.84%3.36%Accumulated Depreciation
$
12259.00
13144.00
14194.00
15646.00
17443.00
18659.00
Goodwill & Intangibles
$
4086.00
6331.00
6340.00
6264.00
6294.00
6237.00
6175.00
6120.00
6079.00
6150.00
6142.00
6148.00
6140.00
-0.13%Other Assets
$3178.00
3319.00
4610.00
2244.00
4580.00
3527.00
1800.00
2466.00
1882.00
13094.00
13515.00
13097.00
12580.00
12842.00
12545.00
12.15%-2.31%Assets (Non-current)
$17091.00
16438.00
27955.00
31659.00
38430.00
40950.00
42233.00
51974.00
51789.00
50913.00
49131.00
49447.00
49486.00
49134.00
49842.00
9.26%1.44%Assets (Total)
$23848.00
23510.00
42278.00
43771.00
48415.00
51274.00
51396.00
60580.00
59995.00
62008.00
66467.00
64716.00
63058.00
66786.00
64384.00
8.44%-3.60%Accounts Payable
$2889.00
3361.00
4975.00
2571.00
2768.00
3108.00
1688.00
3200.00
3603.00
2912.00
3261.00
3862.00
4730.00
4264.00
4653.00
4.19%9.12%Debt (Current)
$1518.00
1419.00
1446.00
1708.00
2231.00
1855.00
2554.00
3294.00
4569.00
2797.00
2489.00
3274.00
3632.00
3579.00
4102.00
7.54%14.61%Other Liabilities (Current)
$4223.00
4524.00
7385.00
9156.00
8606.00
8909.00
10722.00
11602.00
10139.00
10860.00
13256.00
14360.00
13700.00
16747.00
16238.00
10.30%-3.04%Liabilities (Current)
$8630.00
9304.00
13806.00
13435.00
13605.00
13872.00
14964.00
18096.00
18311.00
16569.00
19006.00
21496.00
22062.00
24590.00
24993.00
8.14%1.64%Debt (Non-current)
$6702.00
7116.00
15353.00
16196.00
18330.00
22489.00
22511.00
21179.00
28875.00
29796.00
35571.00
32389.00
29270.00
31586.00
28228.00
13.07%-10.63%Other Liabilities
$15627.00
15077.00
15850.00
12119.00
10845.00
11128.00
9995.00
9704.00
12927.00
22510.00
19230.00
16630.00
16928.00
16381.00
16663.00
0.67%1.72%Liabilities (Non-current)
$22329.00
22193.00
31203.00
28315.00
29175.00
33617.00
32506.00
30883.00
28380.00
52306.00
54801.00
49019.00
46198.00
47967.00
44891.00
6.25%-6.41%Liabilities (Total)
$30959.00
31497.00
45009.00
41750.00
42780.00
47489.00
47470.00
48979.00
46691.00
68875.00
73807.00
70515.00
68260.00
72557.00
69884.00
6.81%-3.68%Treasury Stock
$367.00
367.00
Retained Earnings
$-7586.00
-9462.00
-11296.00
-8562.00
-1230.00
1640.00
3361.00
136.00
2264.00
-6664.00
-8638.00
-8511.00
-7689.00
-8501.00
-8001.00
5.88%AOCI
$-3964.00
-2980.00
-2032.00
-4559.00
-4732.00
-5083.00
-5154.00
-5274.00
-6331.00
-7103.00
-5942.00
-4585.00
-4894.00
-4567.00
-4877.00
-6.79%Shareholder's Equity
$-7111.00
-7987.00
-2731.00
2021.00
5635.00
3785.00
3926.00
11601.00
13304.00
-6867.00
-7340.00
-5799.00
-5202.00
-5771.00
-5500.00
4.70%Liabilities & Equity
$23848.00
23510.00
42278.00
43771.00
48415.00
51274.00
51396.00
60580.00
59995.00
62008.00
66467.00
64716.00
63058.00
66786.00
64384.00
8.44%-3.60%Net Income/Loss
$-1979.00
-1876.00
-1834.00
2882.00
7610.00
2676.00
1919.00
1412.00
1686.00
-8885.00
-1993.00
127.00
822.00
Depreciation & Amortization
$1086.00
1015.00
1020.00
-171.00
Increase/Decrease in Working Capital
$-510.00
-112.00
384.00
1683.00
3881.00
4608.00
2404.00
2343.00
2642.00
-5043.00
-640.00
181.00
-287.00
-12.00
Share-based Compensation
$220.00
316.00
-115.00
141.00
91.00
32.00
-42.00
-214.00
-84.00
-228.00
-223.00
-327.00
89.00
-7.26%Adjustments to Reconcile Net Income
$2659.00
3155.00
2509.00
198.00
-1361.00
3848.00
2825.00
2121.00
2129.00
2342.00
2697.00
2047.00
2981.00
12.00
0.96%Net Cash (Operating)
$680.00
1279.00
675.00
3080.00
6249.00
6524.00
4744.00
3533.00
3815.00
-6543.00
704.00
2173.00
3803.00
3333.00
2180.00
15.43%-34.59%Capital Expenditure
$1614.00
1765.00
2780.00
5278.00
6116.00
5608.00
6174.00
3745.00
4214.00
1607.00
219.00
2845.00
2596.00
505.00
824.00
4.04%63.17%Net Cash (Investing)
$-1292.00
-1571.00
-3814.00
-2911.00
-5594.00
-5698.00
-3626.00
-1973.00
-2243.00
-4342.00
-5983.00
636.00
-502.00
-2796.00
-1516.00
45.78%Increase/Decrease in Debt
$2569.00
268.00
5134.00
3302.00
5009.00
3874.00
726.00
-587.00
-230.00
8245.00
4847.00
-2683.00
-2896.00
-502.00
-625.00
-24.50%Increase/Decrease in Equity
$
-120.00
-1168.00
-3933.00
-4577.00
-1700.00
-896.00
-1158.00
2704.00
233.00
-25.00
Interest Expenses
$
646.00
557.00
-13.78%Dividends Paid
$
144.00
278.00
224.00
198.00
186.00
178.00
43.00
Net Cash (Financing)
$727.00
489.00
3799.00
-315.00
-1259.00
-894.00
-1145.00
-1672.00
-1568.00
10994.00
5288.00
-2631.00
-3206.00
-539.00
-642.00
-19.11%Cash Taxes Paid
$
1.00
5.00
400.00%Increase/Decrease in Cash
$115.00
197.00
660.00
4.00
109.00
9.00
178.00
95.00
-2.00
22.00
-1.58%1200.00%Cash (Beginning)
$168.00
283.00
480.00
398.00
286.00
290.00
399.00
408.00
586.00
586.00
681.00
10.97%16.21%Cash (Ending)
$283.00
480.00
1140.00
286.00
290.00
399.00
408.00
586.00
681.00
584.00
703.00
7.59%20.38%NOPAT
$-1054.00
131.90
1621.04
3812.46
10228.00
3289.13
2525.07
1990.59
2290.60
-12757.60
-1289.67
1097.25
2224.75
412.24
8.71
-97.89%Gross Margin %
65.37%
64.93%
70.69%
75.17%
84.81%
87.38%
85.48%
81.92%
83.56%
85.11%
77.27%
71.84%
76.78%
74.02%
76.29%
Operating Margin %
-4.40%
0.43%
5.23%
9.96%
15.14%
13.15%
9.61%
5.96%
6.70%
-60.11%
-3.54%
3.28%
5.75%
3.59%
0.06%
NOPAT Margin %
-4.40%
0.53%
6.06%
8.94%
24.95%
8.19%
5.98%
4.47%
5.00%
-73.59%
-4.32%
2.24%
4.21%
3.38%
0.07%
Net Margin %
-8.25%
-7.55%
-6.86%
6.76%
18.57%
6.66%
4.55%
3.17%
3.68%
-51.25%
-6.67%
0.26%
1.56%
0.08%
-2.48%
Tax Rate %
-23.27%
-15.87%
10.27%
-64.86%
37.75%
37.78%
25.05%
25.27%
-22.42%
-21.78%
31.72%
26.67%
5.88%
-24.46%
ROA
-4.42%
0.56%
3.83%
8.71%
21.13%
6.41%
4.91%
3.29%
3.82%
-20.57%
-1.94%
1.70%
3.53%
0.62%
0.01%
ROE
14.82%
-1.65%
-59.36%
188.64%
181.51%
86.90%
64.32%
17.16%
17.22%
185.78%
17.57%
-18.92%
-42.77%
-7.14%
-0.16%
ROIC
-9.73%
1.33%
8.80%
14.09%
31.94%
9.95%
6.93%
5.86%
6.49%
-39.45%
-4.43%
3.69%
7.54%
1.48%
0.03%
Asset Turnover
1.01
1.06
0.63
0.97
0.85
0.78
0.82
0.74
0.76
0.28
0.45
0.76
0.84
0.18
0.20
Equity Multiplier
-3.35
-2.94
-15.48
21.66
8.59
13.55
13.09
5.22
4.51
-9.03
-9.06
-11.16
-12.12
-11.57
-11.71
Current Ratio
0.78
0.76
1.04
0.90
0.88
0.74
0.61
0.48
0.45
0.67
0.91
0.71
0.62
0.72
0.58
Quick Ratio
0.65
0.63
0.86
0.73
0.76
0.62
0.48
0.37
0.31
0.53
0.79
0.56
0.48
0.59
0.45
Debt/Equity Ratio
-1.16
-1.07
-6.15
8.86
3.65
6.43
6.38
2.11
2.51
-4.75
-5.19
-6.15
-6.32
-6.09
-5.88
Interest Coverage Ratio
0.68
0.01
Working Capital/Sales
-0.13
-0.13
-0.18
-0.06
-0.04
-0.11
-0.10
-0.14
-0.13
-0.32
-0.22
-0.13
-0.14
-0.70
-0.69
Dividend Payout Ratio %
3.78%
2.72%
6.81%
7.84%
9.34%
7.77%
0.34%
Total Payout
$-2569.00
-268.00
-5014.00
-1990.00
-798.00
927.00
1172.00
1669.00
1566.00
-10906.00
-5080.00
2708.00
2896.00
1148.00
1182.00
2.96%Payout Ratio %
-243.74%
-203.18%
-309.31%
-52.20%
-7.80%
28.18%
46.41%
83.84%
68.37%
-85.49%
-393.90%
246.80%
130.17%
278.48%
13567.70%