American Airlines Group Inc. (AAL) Financial Statements (2025 and earlier)

Company Profile

Business Address 1 SKYVIEW DRIVE
FORT WORTH, TX 76155
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4512 - Air Transportation, Scheduled (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:7,5788,96512,4006,9003,8264,760
Cash and cash equivalents578440273245280275
Short-term investments7,0008,52512,1586,6193,5464,485
Other undisclosed cash, cash equivalents, and short-term investments   (31)36  
Restricted cash and investments910995990609158154
Receivables2,0262,1381,5051,3421,7501,706
Other undisclosed current assets3,0583,1712,4412,2442,4722,017
Total current assets:13,57215,26917,33611,0958,2068,637
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization 489585548482 
Operating lease, right-of-use asset7,9398,0947,8508,0398,737
Property, plant and equipment     34,99534,098
Other noncurrent assets10,78311,15311,74411,1758,0578,694
Other undisclosed noncurrent assets30,27529,61528,98931,217 9,151
Total noncurrent assets:49,48649,44749,13150,91351,78951,943
TOTAL ASSETS:63,05864,71666,46762,00859,99560,580
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities7,4686,8436,0275,3315,7415,542
Employee-related liabilities1,4891,7161,5411,427
Accounts payable2,3532,1491,7721,1962,0621,773
Accrued liabilities5,1154,6942,7662,4192,1382,342
Debt3,6323,2742,4892,7972,8613,294
Other undisclosed current liabilities10,96211,37910,4908,4419,7099,260
Total current liabilities:22,06221,49619,00616,56918,31118,096
Noncurrent Liabilities
Long-term debt and lease obligation, including:29,27032,38935,57129,79621,45421,179
Finance lease, liability 375545563472558
Other undisclosed long-term debt and lease obligation28,89531,84428,39822,54713,47521,179
Liabilities, other than long-term debt16,92816,63012,62015,73312,92713,572
Deferred revenue5,8745,9766,2397,1625,422
Contract with customer, liability5,272
Liability, pension and other postretirement and postemployment benefits3,0442,8375,0537,0696,0526,907
Other liabilities1,5581,2581,3281,5021,4531,393
Operating lease, liability6,4526,5596,6106,7777,421
Other undisclosed noncurrent liabilities   6,6106,7777,4217,902
Total noncurrent liabilities:46,19849,01954,80152,30641,80242,653
Total liabilities:68,26070,51573,80768,87560,11360,749
Equity
Equity, attributable to parent(5,202)(5,799)(7,340)(6,867)(118)(169)
Common stock766645
Additional paid in capital7,3747,2917,2346,8943,9454,964
Accumulated other comprehensive loss(4,894)(4,585)(5,942)(7,103)(6,331)(5,274)
Retained earnings (accumulated deficit)(7,689)(8,511)(8,638)(6,664)2,264136
Total equity:(5,202)(5,799)(7,340)(6,867)(118)(169)
TOTAL LIABILITIES AND EQUITY:63,05864,71666,46762,00859,99560,580

Income Statement (P&L) ($ in millions)

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues52,78848,97129,88217,33745,76844,541
Cost of revenue(39,923)(37,925)(23,730)(20,752)(33,422)(32,589)
Cost of goods and services sold(16,554)(17,916)(10,836)(5,458)(10,907)(11,217)
Gross profit:12,86511,0466,152(3,415)12,34611,952
Operating expenses(9,831)(9,439)(7,211)(7,006)(9,281)(9,296)
Operating income (loss):3,0341,607(1,059)(10,421)3,0652,656
Nonoperating expense(1,913)(1,421)(1,489)(1,032)(809)(772)
Investment income, nonoperating5912161841127118
Other nonoperating income (expense)(359)325293154159166
Interest and debt expense(267)(1,962)(1,800)(1,227)(1,095)(1,056)
Income (loss) from continuing operations before equity method investments, income taxes:854(1,776)(4,348)(12,680)1,161828
Other undisclosed income from continuing operations before income taxes2671,9621,8001,2271,0951,056
Income (loss) from continuing operations before income taxes:1,121186(2,548)(11,453)2,2561,884
Income tax expense (benefit)(299)(59)5552,568(570)(472)
Income (loss) from continuing operations:822127(1,993)(8,885)1,6861,412
Income (loss) before gain (loss) on sale of properties:(1,993)(8,885)1,6861,412
Net income (loss) available to common stockholders, basic:822127(1,993)(8,885)1,6861,412
Interest on convertible debt46     
Net income (loss) available to common stockholders, diluted:868127(1,993)(8,885)1,6861,412

Comprehensive Income ($ in millions)

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income (loss):822127(1,993)(8,885)1,6861,412
Other comprehensive income (loss)89(397)(339)22612734
Comprehensive income (loss):911(270)(2,332)(8,659)1,8131,446
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(398)1,7541,500(998)(562)(154)
Comprehensive income (loss), net of tax, attributable to parent:5131,484(832)(9,657)1,2511,292

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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