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
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American Airlines Group Inc. (AAL) Gross margin
American Airlines Group Inc.'s gross margin over the twelve months to 30 September 2026 was 20.7%, down 2.0 percentage points from fiscal 2025 (22.6%). Over the past ten years it has ranged from −29.9% (fiscal 2020) to 35.1% (fiscal 2015); the current reading is higher than 45% of that period. That is below the Airlines industry median of 51.7% and below the Industrials sector median of 30.6%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 22.6% | (2.07) |
| FY2024 | 24.7% | (1.34) |
| FY2023 | 26.0% | 3.55 |
| FY2022 | 22.5% | 15.64 |
| FY2021 | 6.85% | 36.76 |
| FY2020 | −29.9% | (58.56) |
| FY2019 | 28.7% | 6.08 |
| FY2018 | 22.6% | (8.01) |
| FY2017 | 30.6% | (2.43) |
| FY2016 | 33.0% | (2.09) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 19.2% | (1.50) |
| Jun 2026 | 20.7% | 1.14 |
| Mar 2026 | 19.6% | (3.80) |
| Dec 2025 | 23.4% | 2.58 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| ALK Alaska Air Group, Inc. compare | 100.0% |
| AERO Grupo Aeromexico SAB DE CV - Sponsored ADR compare | 73.7% |
| SKYW SkyWest, Inc. compare | 69.8% |
| CPA Copa Holdings, S.A. compare | 62.4% |
| RYAAY Ryanair Holdings PLC compare | 51.5% |
| ALGT Allegiant Travel Company compare | 25.0% |
| LTM LATAM Airlines Group S.A. compare | 25.0% |
| LUV Southwest Airlines Co. compare | 22.9% |
| AAL American Airlines Group Inc. | 20.7% |
| Airlines industry median | 51.7% |
| Industrials sector median | 30.6% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on AAL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement