American Airlines Group Inc. (AAL) P/E Ratio History
Historical price-to-earnings valuation from 2006 to 2026
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AAL Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, American Airlines Group Inc. (AAL) trades at a price-to-earnings ratio of 76.1x, with a stock price of $12.94 and trailing twelve-month earnings per share of $0.31.
The current P/E is 331% above its 5-year average of 17.7x. Over the past five years, AAL's P/E has ranged from a low of 4.8x to a high of 90.2x, placing the current valuation at the 95th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.9x, AAL trades at a 194% premium to its sector peers. The sector includes 414 companies with P/E ratios ranging from 0.0x to 185.4x.
Relative to the broader market, AAL commands a significant premium over the S&P 500 median P/E of 25.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our AAL DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
AAL P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $48B | 9.6 | -Best | +44% | |
| $32B | 9.8 | -Best | +8% | |
| $20B | 52.5 | -Best | +5% | |
| $4B | 8.5Lowest | -Best | +33% | |
| $897M | 17.3 | -Best | +0% | |
| $181B | 92.7 | -Best | +114%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
AAL Historical P/E Data (2006–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $10.74 | $0.31 | 34.6x | +147% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $15.33 | $0.17 | 90.2x | +543% |
| FY2025 Q3 | $11.24 | $0.84 | 13.4x | -5% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $11.22 | $0.78 | 14.4x | +3% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $10.55 | $0.88 | 12.0x | -15% |
| FY2024 Q4 | $17.43 | $1.12 | 15.6x | +11% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $11.24 | $0.33 | 34.1x | +143% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $15.35 | $0.60 | 25.6x | +82% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $13.74 | $1.10 | 12.5x | -11% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $12.81 | $2.21 | 5.8x | -59% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $17.94 | $3.73 | 4.8x | -66% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $14.75 | $2.53 | 5.8x | -58% |
Average P/E for displayed period: 14.0x
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Start ComparisonAAL — Frequently Asked Questions
Quick answers to the most common questions about buying AAL stock.
Is AAL stock overvalued or undervalued?
AAL trades at 76.1x P/E, above its 5-year average of 17.7x. The 95th percentile ranking indicates a premium to historical valuation.
How does AAL's valuation compare to peers?
American Airlines Group Inc. P/E of 76.1x compares to sector median of 25.9x. The premium reflects expected growth above peers.
What is AAL's PEG ratio?
AAL PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2006-2026.