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AAL logoAmerican Airlines Group Inc. (AAL) Earnings History

Annual and quarterly earnings data from 1989 to 2025

TTM Net Income
$202M
Profitable
TTM EPS
$0.31
Diluted
YoY EPS Growth
-86.3%
Declining
Net Margin
0.2%
Profitability
Operating Margin2.7%
Gross Margin19.2%
ROEN/A
ROA0.2%
Highest Annual Net Income$7.61B (2015)
Highest Quarterly EPS$5.09 (Q4 2015)
Consecutive Profitable Years4 years
Q1 2026
Net Income-$382M
EPS$-0.58
QoQ Growth-485.9%Declining

Loading earnings history...

AAL EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-86.3%
Declining
3-Year
-3.6%
Slow
5-Year
N/A
N/M
10-Year
-34.1%
Declining

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

AAL Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202519.2%2.7%0.2%
202421.1%4.8%1.6%
202322.4%5.7%1.6%
202218.5%3.3%0.3%
20210.1%-3.5%-6.7%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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American Airlines Group Inc. (AAL) Earnings Overview

As of May 8, 2026, American Airlines Group Inc. (AAL) reported trailing twelve-month net income of $202M, reflecting -86.3% year-over-year growth. The company earned $0.31 per diluted share over the past four quarters, with a net profit margin of 0.2%.

Looking at the long-term picture, AAL's historical earnings data spans multiple years. The company achieved its highest annual net income of $7.61B in fiscal 2015.

American Airlines Group Inc. maintains positive profitability with a gross margin of 19.2%, operating margin of 2.7%, and net margin of 0.2%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including DAL ($5.01B net income, 7.9% margin), UAL ($3.67B net income, 5.7% margin), LUV ($817M net income, 1.6% margin), AAL has room to improve margins relative to the peer group. Compare AAL vs DAL →

AAL Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
AAL logoAALCurrent
$202M$0.310.2%--86.3%—
DAL logoDAL
$5.0B$7.637.9%27.8%+43.7%
UAL logoUAL
$3.7B$11.215.7%24.0%+8.1%
LUV logoLUV
$817M$1.621.6%4.8%+5.3%
JBLU logoJBLU
-$713M$-1.93-6.6%-25.3%+27.5%
ALGT logoALGT
-$45M$-2.46-1.7%-4.2%+81.6%
Best in group
Lowest in group

AAL Historical Earnings Data (1989–2025)

37 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$111M-86.9%$1.47B$0.170.2%2.7%
2024$846M+2.9%$2.61B$1.241.6%4.8%
2023$822M+547.2%$3.03B$1.141.6%5.7%
2022$127M+106.4%$1.61B$0.190.3%3.3%
2021-$1.99B+77.6%-$1.06B$-3.09-6.7%-3.5%
2020-$8.88B-627.0%-$10.42B$-18.36-51.2%-60.1%
2019$1.69B+19.4%$3.06B$3.803.7%6.7%
2018$1.41B+10.1%$2.66B$3.033.2%6.0%
2017$1.28B-50.4%$4.23B$3.903.0%9.9%
2016$2.58B-66.0%$5.06B$4.816.4%12.6%

See AAL's True Return

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Is AAL Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare AAL vs SPIR

Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..

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AAL — Frequently Asked Questions

Quick answers to the most common questions about buying AAL stock.

Is AAL growing earnings?

AAL EPS fell to $0.31, with earnings declining -86.3%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $202M.

What are AAL's profit margins?

American Airlines Group Inc. net margin is +0.2%, with operating margin at +2.7%. Below-average margins reflect competitive or cost pressures.

How consistent are AAL's earnings?

AAL earnings data spans 1989-2025. The declining earnings trend is -86.3% YoY. Historical data enables comparison across business cycles.

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AAL Earnings Over Time (2014–2025)

Net income and EPS trends