(AAL) American Airlines - Overview

Sector: Industrials | Industry: Airlines | Exchange: NASDAQ (USA) | Market Cap: 9.818m USD | Total Return: 28.2% in 12m

Passenger Transport, Air Cargo, Loyalty Programs
Total Rating 41
Safety 31
Buy Signal 0.22
Airlines
Industry Rotation: +35.6
Market Cap: 9.82B
Avg Turnover: 772M
Risk 3d forecast
Volatility59.0%
VaR 5th Pctl9.55%
VaR vs Median-1.79%
Reward TTM
Sharpe Ratio0.66
Rel. Str. IBD57.3
Rel. Str. Peer Group58.3
Character TTM
Beta1.902
Beta Downside2.136
Hurst Exponent0.488
Drawdowns 3y
Max DD51.76%
CAGR/Max DD0.00
CAGR/Mean DD0.00
EPS (Earnings per Share) EPS (Earnings per Share) of AAL over the last years for every Quarter: "2021-03": -4.32, "2021-06": -1.69, "2021-09": -0.95, "2021-12": -1.42, "2022-03": -2.32, "2022-06": 0.76, "2022-09": 0.69, "2022-12": 1.17, "2023-03": 0.05, "2023-06": 1.92, "2023-09": 0.38, "2023-12": 0.29, "2024-03": -0.34, "2024-06": 1.01, "2024-09": -0.23, "2024-12": 0.86, "2025-03": -0.59, "2025-06": 0.91, "2025-09": -0.17, "2025-12": 0.16, "2026-03": -0.4,
EPS CAGR: -53.96%
EPS Trend: -91.2%
Last SUE: 0.27
Qual. Beats: 0
Revenue Revenue of AAL over the last years for every Quarter: 2021-03: 4008, 2021-06: 7478, 2021-09: 8969, 2021-12: 9427, 2022-03: 8899, 2022-06: 13422, 2022-09: 13462, 2022-12: 13188, 2023-03: 12189, 2023-06: 14055, 2023-09: 13482, 2023-12: 13062, 2024-03: 12570, 2024-06: 14334, 2024-09: 13647, 2024-12: 13660, 2025-03: 12551, 2025-06: 14392, 2025-09: 13691, 2025-12: 13999, 2026-03: 13912,
Rev. CAGR: 1.78%
Rev. Trend: 93.4%
Last SUE: 1.47
Qual. Beats: 1

Warnings

Altman Z'' -1.79 < 1.0 - financial distress zone

Choppy

Tailwinds

No distinct edge detected

Description: AAL American Airlines

American Airlines Group Inc. (AAL) functions as a global network air carrier, providing passenger and cargo transportation across North America, the Atlantic, Pacific, and Latin American regions. Headquartered in Fort Worth, Texas, the company operates a mainline fleet of over 1,000 aircraft through a hub-and-spoke model centered in major metropolitan areas including Dallas/Fort Worth, Charlotte, and Chicago.

The airline industry is characterized by high capital intensity and significant sensitivity to fluctuations in jet fuel prices and labor costs. To expand global reach without increasing fleet overhead, American Airlines utilizes strategic alliances and partner gateways in international transit hubs such as London, Tokyo, and Doha.

Further analysis of the companys valuation metrics and debt structure is available on ValueRay. Founded in 1926, the firm underwent a significant restructuring and name change from AMR Corporation following its 2013 merger with US Airways.

Headlines to Watch Out For
  • Jet fuel price volatility directly impacts quarterly operating margins and net income
  • High corporate debt levels sensitive to interest rate fluctuations and refinancing costs
  • Labor contract negotiations and rising pilot wages increase structural operating expenses
  • Passenger demand in domestic and Latin American markets drives core revenue growth
  • Capital expenditure requirements for fleet modernization affect free cash flow generation
Piotroski VR-10 (Strict) 4.0
Net Income: 202.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.02 > 0.02 and ΔFCF/TA -0.79 > 1.0
NWC/Revenue: -25.76% < 20% (prev -23.08%; Δ -2.67% < -1%)
CFO/TA 0.08 > 3% & CFO 4.87b > Net Income 202.0m
Net Debt (34.4b) to EBITDA (4.16b): 8.27 < 3
Current Ratio: 0.49 > 1.5 & < 3
Outstanding Shares: last quarter (661.2m) vs 12m ago 0.35% < -2%
Gross Margin: 21.80% > 18% (prev 0.21%; Δ 2.16k% > 0.5%)
Asset Turnover: 88.64% > 50% (prev 86.56%; Δ 2.08% > 0%)
Interest Coverage Ratio: 2.45 > 6 (EBITDA TTM 4.16b / Interest Expense TTM 890.0m)
Altman Z'' -1.79
A: -0.23 (Total Current Assets 14.0b - Total Current Liabilities 28.4b) / Total Assets 63.7b
B: -0.11 (Retained Earnings -7.11b / Total Assets 63.7b)
C: 0.03 (EBIT TTM 2.18b / Avg Total Assets 63.2b)
D: -0.17 (Book Value of Equity -11.5b / Total Liabilities 67.8b)
Altman-Z'' = -1.79 = D
Beneish M -1.87
DSRI: 1.01 (Receivables 2.01b/1.93b, Revenue 56.0b/54.2b)
GMI: 0.96 (GM 21.80% / 20.89%)
AQI: 3.09 (AQ_t 0.51 / AQ_t-1 0.16)
SGI: 1.03 (Revenue 56.0b / 54.2b)
TATA: -0.07 (NI 202.0m - CFO 4.87b) / TA 63.7b)
Beneish M = -1.87 (Cap -4..+1) = B
What is the price of AAL shares?

As of May 29, 2026, the stock is trading at USD 14.65 with a total of 55,111,244 shares traded.
Over the past week, the price has changed by +13.13%, over one month by +25.86%, over three months by +12.09% and over the past year by +28.17%.

Is AAL a buy, sell or hold?

American Airlines has received a consensus analysts rating of 3.81. Therefore, it is recommended to buy AAL.

  • StrongBuy: 11
  • Buy: 2
  • Hold: 11
  • Sell: 1
  • StrongSell: 1

What are the forecasts/targets for the AAL price?
Analysts Target Price 14.9 2%
American Airlines (AAL) - Fundamental Data Overview as of 28 May 2026
Market Cap USD = 9.82b (9.82b USD * 1.0 USD.USD)
P/E Trailing = 47.8871
P/E Forward = 43.29
P/S = 0.1753
P/B = 78.8504
P/EG = 0.7663
Revenue TTM = 56.0b USD
EBIT TTM = 2.18b USD
EBITDA TTM = 4.16b USD
Long Term Debt = 23.5b USD (from longTermDebt, last quarter)
Short Term Debt = 5.61b USD (from shortTermDebt, last quarter)
Debt = 41.7b USD (from shortLongTermDebtTotal, last quarter) + Leases 6.82b
Net Debt = 34.4b USD (calculated: Debt 41.7b - CCE 7.29b)
Enterprise Value = 44.2b USD (9.82b + Debt 41.7b - CCE 7.29b)
Interest Coverage Ratio = 2.45 (Ebit TTM 2.18b / Interest Expense TTM 890.0m)
EV/FCF = 40.21x (Enterprise Value 44.2b / FCF TTM 1.10b)
FCF Yield = 2.49% (FCF TTM 1.10b / Enterprise Value 44.2b)
FCF Margin = 1.96% (FCF TTM 1.10b / Revenue TTM 56.0b)
Net Margin = 0.36% (Net Income TTM 202.0m / Revenue TTM 56.0b)
Gross Margin = 21.80% ((Revenue TTM 56.0b - Cost of Revenue TTM 43.8b) / Revenue TTM)
Gross Margin QoQ = 25.98% (prev 20.02%)
Tobins Q-Ratio = 0.69 (Enterprise Value 44.2b / Total Assets 63.7b)
Interest Expense / Debt = 2.13% (Interest Expense 890.0m / Debt 41.7b)
Taxrate = 41.58% (79.0m / 190.0m)
NOPAT = 1.27b (EBIT 2.18b * (1 - 41.58%))
Current Ratio = 0.49 (Total Current Assets 14.0b / Total Current Liabilities 28.4b)
 Debt / Equity = -10.23 (negative equity) (Debt 41.7b / totalStockholderEquity, last quarter -4.08b)
 Debt / EBITDA = 8.27 (Net Debt 34.4b / EBITDA 4.16b)
Debt / FCF = 31.28 (Net Debt 34.4b / FCF TTM 1.10b)
Total Stockholder Equity = -3.91b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.32% (Net Income 202.0m / Total Assets 63.7b)
RoE = 6.30% (Net Income TTM 202.0m / Total Stockholder Equity 3.21b)
RoCE = 8.15% (EBIT 2.18b / Capital Employed (Equity 3.21b + L.T.Debt 23.5b))
RoIC = 3.11% (NOPAT 1.27b / Invested Capital 40.9b)
WACC = 3.42% (E(9.82b)/V(51.5b) * Re(12.67%) + D(41.7b)/V(51.5b) * Rd(2.13%) * (1-Tc(0.42)))
Discount Rate = 12.67% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 37.78 | Cagr: 0.28%
[DCF] Terminal Value 73.10% ; FCFF base≈1.29b ; Y1≈1.13b ; Y5≈914.3m
 [DCF] Fair Price = N/A (negative equity: EV 14.7b - Net Debt 34.4b = -19.7b; debt exceeds intrinsic value)
 EPS Correlation: -91.23 | EPS CAGR: -53.96% | SUE: 0.27 | # QB: 0
Revenue Correlation: 93.43 | Revenue CAGR: 1.78% | SUE: 1.47 | # QB: 1
EPS current Quarter (2026-06-30): EPS=-0.02 | Chg30d=+62.89% | Revisions=-11% | Analysts=18
EPS next Quarter (2026-09-30): EPS=-0.22 | Chg30d=+21.56% | Revisions=+11% | Analysts=20
EPS current Year (2026-12-31): EPS=-0.13 | Chg30d=N/A | Revisions=+14% | GrowthEPS=-136.8% | GrowthRev=+14.0%
EPS next Year (2027-12-31): EPS=2.21 | Chg30d=-7.59% | Revisions=-22% | GrowthEPS=+1772.4% | GrowthRev=+3.5%
[Analyst] Revisions Ratio: -22%