Touchstone
Last syncNov 1, 2026, 6:55 PM ET

AAL

American Airlines Group Inc. Industrials Air Transportation, Scheduled Russell 3000
$12.60Close $8.3BMarket cap $10.18 – $18.1552-week range Jan 21, 2027Next report · estimated

Highlights

Cautions

  • Not in an uptrend 1 of 8 trend conditions
  • Lagging the market RS 28 · weaker than 72% of stocks over 12 months
  • Far from its high 31% below its 52-week high
  • Earnings shrinking EPS −88% year on year
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Jul 23, 2026
Off 12-month high 31%
1wk up 4.0% price change
1mo down 5.8% price change
12-month return down 1% market up 11% · its own down 14%
F-score — — Not assessed
Altman Z″ -1.56 Elevated risk
P/E 75.0× price / earnings
PEG — P/E / EPS growth
P/B — price / book
Earnings yield up 4.6% EBIT / enterprise value
Cheaper than 36% of the market · expensive
Revenue growth up 1% year on year
EPS growth down 88% latest quarter
Sales growth up 16% latest quarter · +5 pts
ROE — return on equity
Free cash margin down 1% -$680.0M FCF
D/E — long-term debt / equity
Net debt / EBITDA 6.4×
Interest cover —EBIT / interest

Trade setup

ATR% 4.1% $0.52 a day · 2×ATR $11.56
RS 28 / 99 vs the universe
Trend 1 / 8 trend template
Relative volume 0.9× vs 50-day average
Up/down volume 0.80 50 sessions
Implied move — no scheduled report
Trend template · 1 of 8
  • 150-day average above the 200-day: passes

Screen verdict

Did not qualify for any screen.

Warning signs

3 flagged
  • Liabilities exceed assets Shareholders' equity is negative at -$3.7B as of Dec 31, 2025. What is left for shareholders after creditors is, on the balance sheet, less than nothing.
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Heavily indebted Net debt is 6.4 times EBITDA — roughly 6 years of earnings before interest, tax and depreciation to repay borrowings in full.
Last reported Oct 22, 2026
Results reaction Oct 22, 2026+1% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $54.6B +0.8% on FY2024
$0 $100B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $17.3B FY2021 · $29.9B FY2022 · $49.0B FY2023 · $52.8B FY2024 · $54.2B FY2025 · $54.6B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $111.0M -87% on FY2024
-$10B $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$8.9B FY2021 · -$2.0B FY2022 · $127.0M FY2023 · $822.0M FY2024 · $846.0M FY2025 · $111.0M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$680.0M down to a loss
-$10B $0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$8.5B FY2021 · $496.0M FY2022 · -$373.0M FY2023 · $1.2B FY2024 · $1.3B FY2025 · -$680.0M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net 0%
  • Free cash -1%
-100% 0% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net -51% · Free cash -49% FY2021 · Net -7% · Free cash 2% FY2022 · Net 0% · Free cash -1% FY2023 · Net 2% · Free cash 2% FY2024 · Net 2% · Free cash 2% FY2025 · Net 0% · Free cash -1%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $23.6B net debt
  • Cash
  • Long-term debt
$0 $50B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $399.0M · Long-term debt $29.3B FY2021 · Cash $408.0M · Long-term debt $35.0B FY2022 · Cash $586.0M · Long-term debt $31.8B FY2023 · Cash $681.0M · Long-term debt $28.9B FY2024 · Cash $902.0M · Long-term debt $24.6B FY2025 · Cash $1.1B · Long-term debt $24.6B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 660.30m +6.2% since FY2020
660.30m 621.48m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 621.48m FY2021 · 647.73m FY2022 · 650.64m FY2023 · 654.27m FY2024 · 657.57m FY2025 · 660.30m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $17.3B $29.9B $49.0B $52.8B $54.2B $54.6B
Operating income -$10.4B -$1.1B $1.6B $3.0B $2.6B $1.5B
Net income -$8.9B -$2.0B $127.0M $822.0M $846.0M $111.0M
Net margin -51% -7% 0% 2% 2% 0%
Earnings per share -$18.36 -$3.09 $0.19 $1.14 $1.17 $0.17
Free cash flow -$8.5B $496.0M -$373.0M $1.2B $1.3B -$680.0M
Free cash margin -49% 2% -1% 2% 2% -1%
Cash $399.0M $408.0M $586.0M $681.0M $902.0M $1.1B
Long-term debt $29.3B $35.0B $31.8B $28.9B $24.6B $24.6B
Shareholders' equity -$6.9B -$7.3B -$5.8B -$5.2B -$4.0B -$3.7B
Shares outstanding 621.48m 647.73m 650.64m 654.27m 657.57m 660.30m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Jul 23, 2026 Quarterly ↗ Jun 30, 2026 23d
Apr 23, 2026 Quarterly ↗ Mar 31, 2026 23d
Feb 18, 2026 Annual ↗ Dec 31, 2025 49d
Oct 23, 2025 Quarterly ↗ Sep 30, 2025 23d
Jul 24, 2025 Quarterly ↗ Jun 30, 2025 24d
Apr 24, 2025 Quarterly ↗ Mar 31, 2025 24d
Feb 19, 2025 Annual ↗ Dec 31, 2024 50d
Oct 24, 2024 Quarterly ↗ Sep 30, 2024 24d
Jul 25, 2024 Quarterly ↗ Jun 30, 2024 25d
Apr 25, 2024 Quarterly ↗ Mar 31, 2024 25d
Feb 21, 2024 Annual ↗ Dec 31, 2023 52d
Oct 19, 2023 Quarterly ↗ Sep 30, 2023 19d

Current reports

FiledDisclosed
Oct 22, 2026 Results · Regulation FD ↗
Jul 23, 2026 Results · Regulation FD ↗
Jul 15, 2026 Director or officer change · Regulation FD ↗
Jun 16, 2026 Director or officer change · Regulation FD ↗
Jun 10, 2026 Director or officer change · Shareholder vote ↗
May 29, 2026 Material agreement · New obligation ↗
Apr 23, 2026 Results · Regulation FD ↗
Apr 20, 2026 Regulation FD ↗
Mar 24, 2026 Director or officer change · Regulation FD ↗
Mar 17, 2026 Regulation FD ↗
Mar 9, 2026 Material agreement · New obligation ↗
Jan 27, 2026 Results · Regulation FD ↗