American Airlines Group Inc. (AAL)
NASDAQ: AAL · Real-Time Price · USD
14.81
+0.47 (3.28%)
At close: Dec 5, 2025, 4:00 PM EST
14.79
-0.02 (-0.14%)
After-hours: Dec 5, 2025, 7:55 PM EST
American Airlines Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | +20 Quarters |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 | Dec '20 Dec 31, 2020 | +20 Quarters |
Net Income | -114 | 599 | -473 | 590 | -149 | 717 | -312 | 19 | -545 | 1,338 | 10 | 803 | 483 | 476 | -1,635 | -932 | 170 | 19 | -1,250 | -2,178 | Upgrade |
Depreciation & Amortization | 718 | 476 | 468 | 583 | 718 | 474 | 470 | 559 | 726 | 483 | 486 | 572 | 731 | 503 | 492 | 660 | 716 | 481 | 478 | 566 | Upgrade |
Loss (Gain) From Sale of Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -22 | - | - | - | -95 | Upgrade |
Stock-Based Compensation | - | - | - | 92 | - | - | - | 102 | - | - | - | 78 | - | - | - | 98 | - | - | - | 91 | Upgrade |
Other Operating Activities | -650 | -112 | 2,461 | -1,682 | -292 | -63 | 2,022 | -2,267 | -123 | -58 | 2,837 | -1,429 | -1,807 | 760 | 2,328 | -2,045 | -2,626 | 2,970 | 946 | -2,464 | Upgrade |
Change in Accounts Receivable | - | - | - | 35 | - | - | - | 95 | - | - | - | -637 | - | - | - | -304 | - | - | - | 538 | Upgrade |
Change in Accounts Payable | - | - | - | 257 | - | - | - | 209 | - | - | - | 585 | - | - | - | 461 | - | - | - | -626 | Upgrade |
Change in Unearned Revenue | - | - | - | 1,286 | - | - | - | -363 | - | - | - | 668 | - | - | - | 1,394 | - | - | - | 529 | Upgrade |
Change in Other Net Operating Assets | - | - | - | -763 | - | - | - | 295 | - | - | - | -798 | - | - | - | -510 | - | - | - | 776 | Upgrade |
Operating Cash Flow | -46 | 963 | 2,456 | 398 | 277 | 1,128 | 2,180 | -1,351 | 58 | 1,763 | 3,333 | -158 | -593 | 1,739 | 1,185 | -1,200 | -1,740 | 3,470 | 174 | -2,863 | Upgrade |
Operating Cash Flow Growth | - | -14.63% | 12.66% | - | 377.59% | -36.02% | -34.59% | - | - | 1.38% | 181.27% | - | - | -49.89% | 581.03% | - | - | - | - | - | Upgrade |
Capital Expenditures | -826 | -499 | -824 | -740 | -468 | -651 | -824 | -843 | -509 | -739 | -505 | -686 | -455 | -598 | -807 | -277 | -58 | -35 | -42 | -321 | Upgrade |
Sale of Property, Plant & Equipment | - | - | - | - | - | - | - | - | - | - | - | 147 | -19 | 19 | - | 12 | 20 | 53 | 108 | 100 | Upgrade |
Investment in Securities | 1,704 | -1,104 | -457 | 1,446 | 206 | -131 | -702 | 3,004 | 1,465 | -466 | -2,465 | 2,300 | 1,242 | -202 | 54 | 2,060 | 3,384 | -3,861 | -7,142 | 1,454 | Upgrade |
Other Investing Activities | 96 | 329 | 77 | 160 | 320 | 406 | 10 | -2 | 128 | 256 | 174 | -209 | 16 | -148 | -18 | -57 | -31 | -41 | -76 | 463 | Upgrade |
Investing Cash Flow | 974 | -1,274 | -1,204 | 866 | 58 | -376 | -1,516 | 2,159 | 1,084 | -949 | -2,796 | 1,552 | 784 | -929 | -771 | 1,738 | 3,315 | -3,884 | -7,152 | 1,696 | Upgrade |
Long-Term Debt Issued | - | - | 325 | - | - | - | 248 | - | - | - | 1,824 | - | - | - | 367 | - | - | - | 10,861 | - | Upgrade |
Total Debt Issued | 510 | 1,334 | 325 | 418 | 725 | 279 | 248 | 2,498 | 181 | 319 | 1,824 | 370 | 125 | 207 | 367 | 94 | - | 1,235 | 10,861 | 216 | Upgrade |
Long-Term Debt Repaid | - | - | -1,362 | - | - | - | -873 | - | - | - | -2,326 | - | - | - | -661 | - | - | - | -4,054 | - | Upgrade |
Total Debt Repaid | -1,722 | -1,003 | -1,362 | -1,769 | -862 | -963 | -873 | -3,094 | -1,378 | -920 | -2,326 | -1,714 | -379 | -998 | -661 | -704 | -1,599 | -986 | -4,054 | -517 | Upgrade |
Net Debt Issued (Repaid) | -1,212 | 331 | -1,037 | -1,351 | -137 | -684 | -625 | -596 | -1,197 | -601 | -502 | -1,344 | -254 | -791 | -294 | -610 | -1,599 | 249 | 6,807 | -301 | Upgrade |
Issuance of Common Stock | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 144 | 316 | 1,443 | Upgrade |
Repurchase of Common Stock | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -5 | - | - | -13 | - | Upgrade |
Other Financing Activities | 291 | -20 | -186 | 56 | -5 | -31 | -17 | -218 | -37 | -18 | -37 | 60 | 2 | 6 | -16 | 54 | -10 | 52 | -97 | 127 | Upgrade |
Financing Cash Flow | -921 | 311 | -1,223 | -1,295 | -142 | -715 | -642 | -814 | -1,234 | -619 | -539 | -1,284 | -252 | -785 | -310 | -561 | -1,609 | 445 | 7,013 | 1,269 | Upgrade |
Net Cash Flow | 7 | - | 29 | -31 | 193 | 37 | 22 | -6 | -92 | 195 | -2 | 110 | -61 | 25 | 104 | -23 | -34 | 31 | 35 | 102 | Upgrade |
Free Cash Flow | -872 | 464 | 1,632 | -342 | -191 | 477 | 1,356 | -2,194 | -451 | 1,024 | 2,828 | -844 | -1,048 | 1,141 | 378 | -1,477 | -1,798 | 3,435 | 132 | -3,184 | Upgrade |
Free Cash Flow Growth | - | -2.73% | 20.35% | - | - | -53.42% | -52.05% | - | - | -10.25% | 648.15% | - | - | -66.78% | 186.36% | - | - | - | - | - | Upgrade |
Free Cash Flow Margin | -6.37% | 3.22% | 13.00% | -2.50% | -1.40% | 3.33% | 10.79% | -16.80% | -3.35% | 7.29% | 23.20% | -6.40% | -7.79% | 8.50% | 4.25% | -15.67% | -20.05% | 45.93% | 3.29% | -79.05% | Upgrade |
Free Cash Flow Per Share | -1.32 | 0.70 | 2.48 | -0.47 | -0.29 | 0.66 | 2.07 | -3.34 | -0.69 | 1.42 | 4.31 | -1.18 | -1.46 | 1.59 | 0.58 | -2.28 | -2.49 | 5.23 | 0.21 | -5.57 | Upgrade |
Cash Income Tax Paid | 3 | 6 | 4 | 2 | - | 1 | 5 | 2 | 1 | 2 | 1 | - | - | 2 | - | 1 | 1 | 1 | - | 4 | Upgrade |
Levered Free Cash Flow | -343.63 | 5 | 1,463 | -701.63 | 364.75 | -307.25 | 1,637 | -1,257 | 594.38 | -621.88 | 2,864 | 260.75 | -1,796 | 817.63 | 1,055 | 462.63 | -2,078 | 2,108 | 237.75 | -1,639 | Upgrade |
Unlevered Free Cash Flow | -73.63 | 275.63 | 1,731 | -407.88 | 664.75 | -3.5 | 1,947 | -932.38 | 930 | -279.38 | 3,202 | 593.25 | -1,484 | 1,110 | 1,345 | 755.13 | -1,781 | 2,411 | 469.63 | -1,404 | Upgrade |
Change in Working Capital | - | - | - | 815 | - | - | - | 236 | - | - | - | -182 | - | - | - | 1,041 | - | - | - | 1,217 | Upgrade |
Updated Oct 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.