FY2025 · ended Dec 31, 2025 · Revenue $54.63B, +0.8% YoY · Filed Feb 18, 2026
American Airlines Group Inc. (AAL) files with the SEC under industry code 4512, Air Transportation, Scheduled. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $54.6 billion and net income of $111.0 million. Free cash flow was -$680.0 million. As of Sep 30, 2026 it held $8.3 billion in cash and investments and $36.0 billion in total debt.
Revenue (TTM)
$60.98B
+12.3% vs year-ago TTM
Net income (TTM)
$-481.00M
-179.9% vs year-ago TTM
Operating cash flow (TTM)
$4.27B
+13.2% vs year-ago TTM
Free cash flow (TTM)
$-91.00M
-110.3% vs year-ago TTM
EPS (TTM)
$-0.73
-187.3% vs year-ago TTM
Dividend per share
$0.10
Shares outstanding
660.30M
+0.4% vs prior year
Net cash
$-27.67B
as of Sep 30, 2026
Operating margin
1.6%
FY 2026
Company profile
- Industry
- Air Transportation, Scheduled (SIC 4512)
- Listed as
- AAL (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Fort Worth, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 6201
- Former names
- AMR CORP (until Dec 9, 2013)
Other Air Transportation, Scheduled companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $54.6B | $54.2B | $52.8B | $49.0B | $29.9B |
| Operating income | $1.5B | $2.6B | $3.0B | $1.6B | -$1.1B |
| Net income | $111.0M | $846.0M | $822.0M | $127.0M | -$2.0B |
| Diluted EPS | $0.17 | $1.24 | $1.21 | $0.19 | -$3.09 |
| Operating cash flow | $3.1B | $4.0B | $3.8B | $2.2B | $704.0M |
| Free cash flow | -$680.0M | $1.3B | $1.2B | -$373.0M | $496.0M |
| Total assets | $61.8B | $61.8B | $63.1B | $64.7B | $66.5B |
| Stockholders' equity | -$3.7B | -$4.0B | -$5.2B | -$5.8B | -$7.3B |
| Cash and investments | $5.8B | $7.0B | $7.6B | $9.0B | $12.4B |
| Total debt | $36.3B | $32.3B | $37.2B | $40.6B | $43.9B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 22, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Oct 22, 2026 | Oct 22, 2026 |
| 10-Q | Quarterly report | Jul 23, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Jul 23, 2026 | Jul 23, 2026 |
| 8-K |
Current report
Officer or director change, Regulation FD disclosure
|
Jul 15, 2026 | Jul 15, 2026 |
| 8-K |
Current report
Officer or director change, Regulation FD disclosure
|
Jun 16, 2026 | Jun 14, 2026 |
All 1000 American Airlines Group Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.