Stocks · Industrials · Airlines, Airports & Air Services

American Airlines Group Inc. AAL

$12.94 -1.45% Close, Oct 2, 2026 · NASDAQ · Market cap $8.57B

Next earnings report: Oct 22, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Diluted EPS over the last four quarters was $-0.49, down 162.8% year over year.
  2. Net debt is 10.3× EBITDA, a high level of leverage.
  3. Revenue over the last four quarters was $58.34B, up 7.5% from a year earlier, accelerating from 3.3% a quarter earlier.

PromtFinance scores

Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth25Very weak

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 49%
  • EPS growth (TTM, YoY)Bottom 7%
  • FCF growth (TTM, YoY)Bottom 13%
  • Revenue growth, 3-year CAGRBottom 45%
  • Revenue growth accelerationTop 25%
Quality22Very weak

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalBottom 34%
  • Gross marginBottom 32%
  • Operating marginBottom 30%
  • Accruals (lower is better)Top 27%
  • Net debt / EBITDA (lower is better)Bottom 4%
  • Interest coverBottom 32%
Value64Neutral

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 25%
  • Free-cash-flow yieldTop 49%
  • EBITDA / enterprise valueTop 32%
  • Sales / enterprise valueTop 12%
Momentum52Neutral

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 43%
  • 6-month returnTop 29%
  • 1-year return vs S&P 500Top 43%
  • Distance from 52-week highBottom 39%
  • Trend checklist (0–4)Bottom 40%
Revisions72Positive

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 7%
  • Consecutive EPS beatsTop 45%
  • Share of analysts rating BuyBottom 29%
  • Upside to consensus price targetTop 37%
Stability25Very weak

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 50%
  • Maximum drawdown, 3 yearsBottom 49%
  • Beta vs S&P 500 (lower is better)Bottom 25%
  • Net debt / EBITDA (lower is better)Bottom 4%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)3.3%7.5%↑
EPS growth (YoY)-64.8%-162.8%↓
Gross margin20.8%21.0%↑
Operating margin3.8%1.7%↓
FCF margin2.9%0.5%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)7.5%3.3%↑Bottom 49%
EPS growth (TTM, YoY)-162.8%-64.8%↓Bottom 7%
Gross margin21.0%20.8%↑Bottom 32%
Operating margin1.7%3.8%↓Bottom 30%
Net margin-0.6%1.0%↓—
Free-cash-flow margin0.5%2.9%↓—
Return on invested capital2.1%—Bottom 34%
Revenue growth, 3-year CAGR3.7%—Bottom 45%

Quality of earnings and balance sheet

Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-7.3%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.0%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
-15.5 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
10.32×
Interest cover (operating income / interest)How many times operating profit covers interest.
1.2×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.00%
Net buyback yield (TTM)
0.00%
Shareholder yield
0.00%
Share count change, 1 year
+0.3%
Share count change, 3-year CAGR
-2.7%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Jul 23, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
2
Beats in the last 8 reports
7 of 8
Average EPS surprise, last 4
+98.7%
Average 2-day reaction, last 8
-2.9%
Positive 20 days after report
5 of 8

Analysts

Consensus price target
$18.27
Target vs current price
+41.2%
Analysts with a rating
38
Share rating Buy or Strong Buy
45%
Consensus rating
Hold

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 23, 2026+400.0%-8.3%+0.3%-6.3%—
Apr 23, 2026+13.7%+2.4%-1.7%+12.6%+31.7%
Jan 27, 2026-57.9%-7.0%-6.0%-9.7%-21.1%
Oct 23, 2025+38.9%+5.6%+7.3%+2.0%+22.3%
Jul 24, 2025+21.8%-9.6%-9.2%+0.9%-6.2%
Apr 24, 2025+15.0%+3.1%+6.8%+20.6%+32.2%
Jan 23, 2025+120.5%-8.7%-7.1%-15.0%-49.3%
Oct 24, 2024+66.9%-0.4%+8.7%+12.7%+45.4%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 23, 2026$0.15$0.03+400.0%$16.73B
Apr 23, 2026-$0.40-$0.46+13.7%$13.91B
Jan 27, 2026$0.16$0.38-57.9%$14.00B
Oct 23, 2025-$0.17-$0.28+38.9%$13.69B
Jul 24, 2025$0.95$0.78+21.8%$14.39B
Apr 24, 2025-$0.59-$0.69+15.0%$12.55B
Jan 23, 2025$0.86$0.39+120.5%$13.66B
Oct 24, 2024$0.30$0.18+66.9%$13.65B

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
EV / EBITDA12.9×——Top 32%
EV / Sales0.74×——Top 12%
Free-cash-flow yield3.33%——Top 49%
Earnings yield-3.79%——Bottom 25%

P/E over the past five years

Range 4.7× – 82.9× since Mar 31, 2023. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+14.8%
Earnings per share growth (TTM)
-162.8%
Change in P/E multiple
+248.0%

Most of the move came from a change in the valuation multiple.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✓ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-8.6%
200-day average slope (20 days)
-0.5%
Distance from 50-day average
-7.7%
Distance from 200-day average
-6.6%
RSI (14)
41.2
Relative volume
1.04×

Risk and drawdowns

Volatility, 60 days (annualized)
43.1%
Volatility vs own 5-year history
35th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
1.48
Correlation with S&P 500
0.45
Current drawdown from 1-year high
-28.7%
Maximum drawdown, 3 years
-51.4%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Jun 2, 2021Apr 8, 2025-64.9%967 daysNot yet recovered
Mar 15, 2021Apr 22, 2021-20.3%27 days28 days (Jun 2, 2021)
Oct 9, 2020Oct 28, 2020-17.1%13 days8 days (Nov 9, 2020)
Dec 10, 2020Jan 11, 2021-16.6%20 days12 days (Jan 28, 2021)
Nov 9, 2020Nov 12, 2020-11.1%3 days7 days (Nov 23, 2020)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$8.57B
EPS, diluted (TTM)
-$0.49
Revenue (TTM)
$58.34B
52-week range
$10.09 – $18.79
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$29.88B$48.97B$52.79B$54.21B$54.63B
Gross profit$27.0M$9.04B$11.81B$11.46B$10.47B
Operating income-$1.06B$1.61B$3.03B$2.61B$1.47B
Net income-$1.99B$127.0M$822.0M$846.0M$111.0M
EPS (diluted)-$3.09$0.19$1.14$1.24$0.17
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$13.65B$13.66B$12.55B$14.39B$13.69B$14.00B$13.91B$16.73B
Net income-$149.0M$590.0M-$473.0M$599.0M-$114.0M$99.0M-$382.0M$71.0M
EPS (diluted)-$0.23$0.82-$0.72$0.91-$0.17$0.15-$0.58$0.11
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$704.0M$2.17B$3.80B$3.98B$3.10B
Capital expenditure-$208.0M-$2.55B-$2.60B-$2.68B-$3.78B
Free cash flow$496.0M-$373.0M$1.21B$1.30B-$680.0M
Dividends paid$0$0$0$0$0
Net share buybacks$442.0M-$21.0M$0$0$0

Cash outflows are shown as negative numbers.

Cash and short-term investments
$7.77B
Total assets
$64.23B
Total liabilities
$68.20B
Total debt
$35.73B
Net debt
$34.70B
Shareholders’ equity
-$3.97B

As of Jun 30, 2026 (filed Jul 23, 2026).

Dividends

Ex-dateAmountPaid
Feb 4, 2020$0.10Feb 19, 2020
Nov 5, 2019$0.10Nov 20, 2019
Aug 6, 2019$0.10Aug 21, 2019
May 7, 2019$0.10May 22, 2019
Feb 5, 2019$0.10Feb 20, 2019
Nov 5, 2018$0.10Nov 20, 2018
Aug 6, 2018$0.10Aug 21, 2018
May 7, 2018$0.10May 22, 2018

Short interest

Shares sold short
91,609,119
Days to cover
1.45
Change vs previous report
+21.3%

FINRA short interest, settlement date Sep 15, 2026.