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Major US airline with one of the world's largest fleets, operating a domestic and international hub network within Oneworld.
Major US airline with one of the world's largest fleets, operating a domestic and international hub network within Oneworld.
Sells seats through hubs such as Dallas-Fort Worth, Charlotte and Miami, fed by regional carriers, and sells miles from its AAdvantage loyalty scheme to credit-card partners, a high-margin stream. It was formed by the 2013 merger of American Airlines and US Airways.
Moat: narrow (network effects, scale). Large hub network and slots plus a global alliance provide scale, though its balance sheet is comparatively weaker.
Headquarters: Fort Worth, Texas, US · Founded: 1930 · Employees: 139,100
Size American Airlines (AAL) is a United States Industrials company (Airlines) with a market value of $8.73B, the 845th largest of 3,117 United States companies the cockpit tracks. Shares closed at $13.18 on 6 Nov 2026.
Performance Over six months the shares fell 1.3%, against +10.0% for the median peer and -1.1% for the United States market (cap-weighted) — 9th lowest of 21 in its peer set.
Growth Revenue grew 12.3% over the last twelve months (peer median +9.9%); the operating margin is 1.7% (peer median 6.7%).
Valuation It trades at 0.6× enterprise value to sales against a peer median of 1.1× (5th cheapest of 21).
Capital Return on invested capital runs 3.2 points below its cost of capital (6.7% WACC).
Credit American Airlines has 1 bond outstanding ($2.50B).
Short interest Short interest is 15.8% of the free float (15 Oct 2026).
Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $61.0B | $54.6B | $54.2B | $52.8B | $49.0B |
| Revenue growth | — | +1% | +3% | +8% | — |
| Gross profit | $10.7B | $10.5B | $11.5B | $11.8B | $9.04B |
| EBITDA | $3.04B | $3.85B | $5.18B | $5.95B | $3.78B |
| Net income | -$481M | $111M | $846M | $822M | $127M |
| Free cash flow | -$91.0M | -$680M | $1.30B | $1.21B | -$733M |
| Capital expenditure | $4.36B | $3.78B | $2.68B | $2.60B | $2.91B |
| Total debt | $36.3B | $36.0B | $37.5B | $40.7B | $43.7B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| American Airlines AAL | $8.73B | -1% | +12% | 2% | 0.6× | n/a |
| Delta Air Lines DAL | $57.4B | +19% | +14% | 7% | 1.0× | 9.9% |
| United Airlines UAL | $36.6B | +13% | +12% | 6% | 0.9× | 7.8% |
| Southwest Airlines LUV | $21.8B | +8% | +14% | 5% | 0.8× | n/a |
| International Consolidated Airlines IAG.L | $25.3B | +9% | +4% | 14% | 0.8× | -3.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | AAL | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.0% | +6.0% | 7th lowest of 21 |
| 6-month return | -1.3% | +10.0% | 9th lowest of 21 |
| Distance from 52-week high | -29.9% | -14.0% | 8th lowest of 21 |
| Revenue growth (TTM) | +12.3% | +9.9% | 8th highest of 21 |
| Operating margin | 1.7% | 6.7% | 7th lowest of 21 |
| EV / Sales | 0.6× | 1.1× | 5th cheapest of 21 |
| ROIC minus cost of capital | -3.2 pp | +1.5 pp | 4th lowest of 21 |
| Net debt / EBITDA | 9.0× | 1.9× | most indebted of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| American Airlines AAL | United States | $8.73B | -1% | +12% | 2% | 0.6× | n/a | n/a |
| Japan Airlines 9201.T | Japan | $9.08B | +34% | +10% | 8% | 0.6× | -9.7% | +33.1% |
| KAL 003490.KS | South Korea | $7.99B | +20% | +21% | 2% | 1.1× | n/a | n/a |
| Hainan Airlines 600221.SS | China | $7.85B | -20% | +6% | -3% | 2.2× | 5.0% | +18.4% |
| Ana 9202.T | Japan | $9.77B | +24% | +17% | 8% | 0.6× | -10.0% | +28.4% |
| Qantas Airways QAN.AX | Australia | $9.79B | +9% | +8% | 7% | 0.8× | n/a | n/a |
| China Eastern Airlines 600115.SS | China | $10.7B | -18% | +11% | -6% | 1.7× | 6.9% | +19.0% |
| Air China Cargo 001391.SZ | China | $7.12B | -21% | +10% | 9% | 1.8× | n/a | n/a |
| Eva Airways 2618.TW | Taiwan | $7.12B | +28% | +6% | 14% | 0.9× | -17.0% | +19.9% |
| easyJet EZJ.L | United Kingdom | $6.96B | +90% | +10% | 5% | 0.5× | 4.8% | +27.4% |
| Deutsche Lufthansa LHA.DE | Germany | $11.4B | +7% | +8% | -1% | 0.4× | n/a | n/a |
| Cathay Pacific Airways 0293.HK | Hong Kong | $11.7B | +19% | +20% | 11% | 1.1× | -12.4% | +20.0% |
| Spring Airlines 601021.SS | China | $6.51B | -6% | +16% | 6% | 2.5× | n/a | n/a |
| China Southern Airlines 600029.SS | China | $12.2B | -4% | +8% | -3% | 1.6× | n/a | n/a |
| Copa CPA | United States | $5.87B | +16% | +15% | 19% | 1.8× | n/a | n/a |
| LATAM Airlines Group SA Sponsored ADR LTM | United States | $13.8B | -7% | +21% | 14% | 1.2× | -7.2% | +29.3% |
| Air China 601111.SS | China | $15.3B | -7% | +9% | -7% | 1.7× | 10.0% | +19.8% |
| Exchange Income EIF.TO | Canada | $4.77B | +13% | +33% | 11% | 2.5× | n/a | n/a |
| Singapore Airlines C6L.SI | Singapore | $17.2B | +11% | +5% | 12% | 1.1× | -11.0% | +40.0% |
| Alaska Air ALK | United States | $4.35B | -5% | +8% | -1% | 0.6× | n/a | n/a |
| Air France-KLM AF.PA | France | $3.99B | +34% | +5% | 6% | 0.5× | -6.3% | +24.4% |
American Airlines has 1 bond outstanding with $2.50B face value.