Grupo Aeroméxico, S.A.B. de C.V. (AERO)

Grupo Aeroméxico Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Jan 1, 2021
Operating Revenue	5,185	5,447	4,774	3,694	2,204	1,351
Other Revenue	172.86	172.86	141.99	118.25	34.19	42.11
Revenue	5,358	5,620	4,916	3,812	2,238	1,393
Revenue Growth (YoY)	-3.66%	14.31%	28.96%	70.35%	60.61%	-61.79%
Cost of Revenue	3,299	3,327	3,108	2,931	1,836	1,394
Gross Profit	2,059	2,293	1,808	881.29	402	-0.28
Selling, General & Admin	511.4	547.49	487.57	374.55	244.35	221.19
Other Operating Expenses	28.95	37.15	30.92	11.26	-8.48	4.38
Operating Expenses	1,195	1,240	1,098	839.35	705.77	818.87
Operating Income	863.77	1,053	709.79	41.94	-303.77	-819.14
Interest Expense	-339.12	-274	-276.98	-273.3	-209.03	-150.21
Interest & Investment Income	33.86	55.47	64.18	15.33	4.05	4.41
Earnings From Equity Investments	5.86	5.86	-3.06	329.65	17.9	16.26
Currency Exchange Gain (Loss)	-92.36	22.44	-88.39	-58.43	-113.93	16.94
Other Non Operating Income (Expenses)	-152.45	-154.38	-108.9	-120.08	-165.21	-207.62
EBT Excluding Unusual Items	319.57	708.56	296.65	-64.9	-769.99	-1,139
Merger & Restructuring Charges	-	-	-	114.09	-419.19	-180.86
Gain (Loss) on Sale of Assets	-1.73	-5.2	-4.51	9.88	4.93	1.98
Asset Writedown	-	-	-3.43	1.18	50.66	-700.25
Legal Settlements	-6.15	-6.15	-1.04	-	0.82	-1.45
Pretax Income	311.68	697.22	287.68	60.25	-1,133	-2,020
Income Tax Expense	49.3	79.73	14.31	124.48	-113.35	-22.96
Earnings From Continuing Operations	262.39	617.49	273.37	-64.23	-1,019	-1,997
Minority Interest in Earnings	-0.01	-0.05	-0.03	-0.02	-0.02	-0.02
Net Income	262.38	617.44	273.33	-64.25	-1,019	-1,997
Net Income to Common	262.38	617.44	273.33	-64.25	-1,019	-1,997
Net Income Growth	-58.76%	125.89%	-	-	-	-
Shares Outstanding (Basic)	134	134	132	136	136	136
Shares Outstanding (Diluted)	135	136	136	136	136	136
Shares Change (YoY)	-0.18%	-	-	-	-	-0.95%
EPS (Basic)	1.96	4.62	2.07	-0.47	-7.47	-14.64
EPS (Diluted)	1.88	4.53	2.00	-0.47	-7.47	-14.64
EPS Growth	-60.70%	126.50%	-	-	-	-
Free Cash Flow	565.92	902.79	957.99	-480.9	-146.49	-283.23
Free Cash Flow Per Share	4.19	6.62	7.02	-3.52	-1.07	-2.08
Gross Margin	38.43%	40.80%	36.78%	23.12%	17.96%	-0.02%
Operating Margin	16.12%	18.74%	14.44%	1.10%	-13.58%	-58.79%
Profit Margin	4.90%	10.99%	5.56%	-1.69%	-45.56%	-143.33%
Free Cash Flow Margin	10.56%	16.06%	19.49%	-12.62%	-6.55%	-20.33%
EBITDA	1,178	1,302	907.45	172.62	-179.44	-283.01
EBITDA Margin	21.99%	23.16%	18.46%	4.53%	-8.02%	-20.31%
D&A For EBITDA	314.39	248.37	197.66	130.68	124.33	536.13
EBIT	863.77	1,053	709.79	41.94	-303.77	-819.14
EBIT Margin	16.12%	18.74%	14.44%	1.10%	-13.58%	-58.79%
Effective Tax Rate	15.82%	11.44%	4.98%	206.59%	-	-
Revenue as Reported	5,620	5,620	4,916	3,812	2,238	1,393

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q