American Airlines Group Inc.

AAL Industrials Airlines

American Airlines Group Inc.’s revenue for fiscal 2025 (year ended December 2025) was $54.6 billion, up 0.78% from fiscal 2024.

Revenue
+19.3%
EPS
−141.2%
Free cash flow
−43.1%
Total debt
+3.20%

Quarter to September 2026, against a year earlier

13.12 0.19 +1.47%
Market cap
$8.6B
P/E
0.0×
Fwd P/E
−9.4×
Dividend yield
—
F-score
4/9
Altman Z
0.66
Beneish M
−2.65
Dividend safety
n/a

American Airlines Group Inc. (AAL) Debt to equity

Alert me on Debt to equity

American Airlines Group Inc.'s debt to equity at the end of the quarter to 30 September 2026 was −7.0×, up 0.8× from fiscal 2025 (−7.8×). Over the past ten years it has ranged from −206× (fiscal 2019) to 6.4× (fiscal 2016); the current reading is higher than 36% of that period. That is below the Airlines industry median of 0.8× and below the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 −7.8× —
FY2024 −7.7× —
FY2023 −6.3× —
FY2022 −6.1× —
FY2021 −5.2× —
FY2020 −4.7× —
FY2019 −206× —
FY2018 −145× —
FY2017 −32.1× —
FY2016 6.4× 76.27%

Quarterly newest first

Period Debt to equity Change
Sep 2026 −7.0× —
Jun 2026 −7.3× —
Mar 2026 −6.8× —
Dec 2025 −7.8× —
43 more quarters

Against its own ten years

Low −206× High 6.4×
Ten-year median −6.3×
Current reading's percentile 36

Debt to equity against peers

Company Debt to equity
AAL American Airlines Group Inc. −7.0×
AERO Grupo Aeromexico SAB DE CV - Sponsored ADR compare −6.8×
LTM LATAM Airlines Group S.A. compare 0.0×
RYAAY Ryanair Holdings PLC compare 0.0×
CPA Copa Holdings, S.A. compare 0.8×
LUV Southwest Airlines Co. compare 0.8×
SKYW SkyWest, Inc. compare 0.8×
ALGT Allegiant Travel Company compare 1.6×
ALK Alaska Air Group, Inc. compare 1.7×
Airlines industry median 0.8×
Industrials sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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