Latest revenue
$13.91B
as of 2026-03-31
Latest net income
$-382.0M
as of 2026-03-31
Net margin
-2.7%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $9.16B
- Enterprise value
- $9.16B
- P/E (trailing)
- 82.5×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $16.50
- 52-wk low
- $10.09
- Beta
- —
- Shares out
- 661.4M
5-year trend
What this company does
ITEM 1. BUSINESS Overview American Airlines Group Inc. (AAG), a Delaware corporation, is a holding company and its principal, wholly-owned subsidiaries are American Airlines, Inc. (American), Envoy Aviation Group Inc., PSA Airlines, Inc. (PSA) and Piedmont Airlines, Inc. (Piedmont). AAG was formed in 1982, under the name AMR Corporation (AMR), as the parent company of American, which was founded in 1934, with roots tracing back to an air mail carrier in the Midwestern United States in 1926. AAG’s and American’s principal executive offices are located at 1 Skyview Drive, Fort Worth, Texas 76155 and their telephone number is 682-278-9000. Airline Operations Together with our wholly-owned…
AI summary unavailable — showing raw filing excerpt
Generated from AAL's filing dated 2026-02-18
Key risks
Table of Contents ITEM 1A. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS OF AMERICAN AIRLINES GROUP INC. AMERICAN AIRLINES GROUP INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except share and per share amounts)(Unaudited) Three Months Ended March 31, 20262025 Operating revenues: Passenger$12,495 $11,391 Cargo214 189 Other1,203 971 Total operating revenues13,912 12,551 Operating expenses: Aircraft fuel and related taxes2,928 2,587 Salaries, wages and benefits4,674 4,222 Regional expenses1,404 1,351 Maintenance, materials and repairs982 922 Other rent and landing fees890 826 Aircraft rent309 297 Selling expenses507 450 Depreciation and amortization475 468 Special items,…
AI summary unavailable — showing raw filing excerpt
Generated from AAL's filing dated 2026-02-18
Profitability
Operating margin
2.7%
44.3%Net margin
0.2%
87.0%Return on equity
-3.0%
86.0%Return on assets
0.2%
86.9%Leverage
Debt / equity
-17.57×
6.3%Long-term debt / equity
-6.78×
7.1%Debt / assets
106.0%
0.4%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $13.91B | +10.8% | $-382.0M | +19.2% | -2.7% |
Q4 2025 2025-12-31 | $14.00B | +2.5% | $446.0M | -50.6% | 3.2% |
Q3 2025 2025-09-30 | $13.69B | +0.3% | $12.0M | +108.1% | 0.1% |
Q2 2025 2025-06-30 | $14.39B | +0.4% | $126.0M | -68.9% | 0.9% |
Q1 2025 2025-03-31 | $12.55B | -0.2% | $-473.0M | -51.6% | -3.8% |
Q4 2024 2024-12-31 | $13.66B | — | $902.0M | — | 6.6% |
Q3 2024 2024-09-30 | $13.65B | +1.2% | $-149.0M | +72.7% | -1.1% |
Q2 2024 2024-06-30 | $14.33B | +2.0% | $405.0M | -69.7% | 2.8% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Air Transportation, Scheduled · SIC 4512
Your notes
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Insider activity
Insider buying
$0
Insider selling
$1.3M
Net activity
−$1.3M
Distinct insiders
1
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value | |
|---|---|---|---|---|---|---|
| 2025-12-16 | David Seymour EVP Chief Operating Officer | Sale | 25,595 | $16.01 | $409.7K | |
| 2025-12-09 | David Seymour EVP Chief Operating Officer | Sale | 62,507 | $15.01 | $938.3K |
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns AAL
Institutional value
$2.95B
Total shares held
280.9M
Distinct holders
374
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 58.3M | $626.1M | — | New |
| 2 | PRIMECAP MANAGEMENT CO/CA/ | 49.0M | $526.2M | — | New |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 29.3M | $314.4M | — | New |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 28.4M | $304.5M | — | New |
| 5 | UBS Group AG | 20.8M | $223.7M | — | New |
| 6 | JANE STREET GROUP, LLC | 9.0M | $96.7M | — | New |
| 7 | DIMENSIONAL FUND ADVISORS LP | 7.1M | $76.1M | — | New |
| 8 | U S GLOBAL INVESTORS INC | 6.4M | $69.1M | — | New |
| 9 | Connor, Clark & Lunn Investment Management Ltd. | 4.3M | $45.7M | — | New |
| 10 | VANGUARD FIDUCIARY TRUST CO | 4.1M | $44.1M | — | New |
| 11 | Bank of New York Mellon Corp | 3.9M | $42.2M | — | New |
| 12 | BNP PARIBAS FINANCIAL MARKETS | 3.9M | $41.8M | — | New |
| 13 | Invesco Ltd. | 3.7M | $40.1M | — | New |
| 14 | FIRST TRUST ADVISORS LP | 3.4M | $36.7M | — | New |
| 15 | HENNESSY ADVISORS INC | 2.8M | $30.2M | — | New |
| 16 | FEDERATED HERMES, INC. | 2.6M | $28.4M | — | New |
| 17 | BW Gestao de Investimentos Ltda. | 2.5M | $26.5M | — | New |
| 18 | Nuveen, LLC | 2.0M | $21.9M | — | New |
| 19 | CITIGROUP INC | 1.9M | $20.9M | — | New |
| 20 | RHUMBLINE ADVISERS | 1.7M | $18.2M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once AAL's latest filing finishes processing.