AALAmerican Airlines Group Inc.
Air Transportation, Scheduled
- Revenue
- $54.6B
- 0.8% YoY
- Operating margin
- 2.7%
- 44% YoY
- EBITDA
- $3.7B
- 24% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 7.5×
- $27.4B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear28× net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear2% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear6% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $29.9B | $49.0B | $52.8B | $54.2B | $54.6B | 0.8% |
| Operating income | −$1.1B | $1.6B | $3.0B | $2.6B | $1.5B | 44% |
| Net income | −$2.0B | $127M | $822M | $846M | $111M | 87% |
| Operating cash flow | $704M | $2.2B | $3.8B | $4.0B | $3.1B | 22% |
| Capex | $208M | $2.5B | $2.6B | $2.7B | $3.8B | 41% |
| Stock-based comp | $98M | $78M | $102M | $92M | $57M | 38% |
| Buybacks | $18M | $21M | — | — | — |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 97 | 85 |
| FY2024 | — | — | 61 | 61 |
| FY2023 | — | — | 48 | 62 |
| FY2022 | — | — | 45 | 48 |
| FY2021 | — | — | 63 | 74 |