American Airlines Group Inc. (AAL) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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AAL Revenue Growth
Revenue Breakdown (FY 2025)
AAL's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
AAL Revenue Analysis (2014–2025)
As of May 8, 2026, American Airlines Group Inc. (AAL) generated trailing twelve-month (TTM) revenue of $55.99 billion, reflecting strong growth of +10.8% year-over-year. The most recent quarter (Q1 2026) recorded $13.91 billion in revenue, down 0.6% sequentially.
Looking at the longer-term picture, AAL's 5-year compound annual growth rate (CAGR) stands at +25.8%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $54.63 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows AAL's business is primarily driven by Passenger (50%), Passenger Travel (45%), and Product and Service, Other (4%).
When compared to Industrials sector peers including DAL (+2.8% YoY), UAL (+4.7% YoY), and LUV (+4.7% YoY), AAL has outperformed the peer group in terms of revenue growth. Compare AAL vs DAL →
AAL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| AALCurrent | $56.0B | +10.8% | +25.8% | 2.7% | |
 DAL | $63.4B | +2.8% | +30.0% | 9.2% | |
 UAL | $59.1B | +4.7% | +30.9% | 8.0% | |
 LUV | $28.1B | +4.7% | +25.4% | 1.5% | |
 JBLU | $9.1B | -0.5% | +25.1% | -4.1% | |
 ALGT | $2.6B | +3.7% | +21.4% | 6.7% |
AAL Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $54.63B | +0.8% | $10.47B | 19.2% | $1.47B | 2.7% |
| 2024 | $54.21B | +2.7% | $11.46B | 21.1% | $2.61B | 4.8% |
| 2023 | $52.79B | +7.8% | $11.81B | 22.4% | $3.03B | 5.7% |
| 2022 | $48.97B | +63.9% | $9.04B | 18.5% | $1.61B | 3.3% |
| 2021 | $29.88B | +72.4% | $27.0M | 0.1% | $-1,059,000,000 | -3.5% |
| 2020 | $17.34B | -62.1% | $-7,226,000,000 | -41.7% | $-10,421,000,000 | -60.1% |
| 2019 | $45.77B | +2.8% | $11.13B | 24.3% | $3.06B | 6.7% |
| 2018 | $44.54B | +4.5% | $10.05B | 22.6% | $2.66B | 6.0% |
| 2017 | $42.62B | +6.2% | $11.33B | 26.6% | $4.23B | 9.9% |
| 2016 | $40.14B | -2.1% | $11.73B | 29.2% | $5.06B | 12.6% |
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Start ComparisonAAL — Frequently Asked Questions
Quick answers to the most common questions about buying AAL stock.
Is AAL's revenue growth accelerating or slowing?
AAL maintains +10.8% revenue growth, in line with its 5-year CAGR of +25.8%. TTM revenue stands at $56.0B. Growth rate remains consistent with historical average.
What is AAL's long-term revenue growth rate?
American Airlines Group Inc.'s 5-year revenue CAGR of +25.8% reflects the sustained expansion pattern. Current YoY growth of +10.8% is near this long-term average.
How is AAL's revenue distributed by segment?
AAL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.