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American Airlines Group Inc. (AAL) Stock Fundamental Analysis & AI Rating 2026

AAL Nasdaq Air Transportation, Scheduled DE CIK: 0000006201
Recently Updated • Analysis: Apr 29, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
90% Confidence
AGREEMENT
STRONG SELL
94% Conf
SELL
86% Conf

📊 AAL Key Takeaways

Revenue: $13.9B
Net Margin: -2.7%
Free Cash Flow: $3.4B
Current Ratio: 0.49x
Debt/Equity: N/A
EPS: $-0.58
AI Rating: STRONG SELL with 94% confidence
American Airlines Group Inc. (AAL) receives a SELL rating with 90% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $13.9B, net profit margin of -2.7%, American Airlines Group Inc. demonstrates mixed fundamentals in the Transportation sector. Below is our complete AAL stock analysis for 2026.

Is American Airlines Group Inc. (AAL) a Good Investment?

Claude

American Airlines is in severe financial distress with negative stockholders' equity (-$4.1B), indicating technical insolvency and zero shareholder value protection. The company faces a critical liquidity crisis (current ratio 0.49x) despite generating positive operating cash flow, while persistent operating losses and inability to service $22.9B debt (negative interest coverage) create existential risk.

ChatGPT

American Airlines shows weak fundamental quality: revenue growth is minimal, net income has collapsed year over year, and margins are extremely thin. Financial health is pressured by negative equity, high long-term debt, weak liquidity, and negative free cash flow, which limits resilience if operating conditions worsen.

Why Buy American Airlines Group Inc. Stock? AAL Key Strengths

Claude
  • + Strong free cash flow generation of $3.4B (24.5% FCF margin) providing near-term operational liquidity
  • + Positive operating cash flow of $4.2B supporting debt service despite net losses
  • + Large revenue base of $13.9B maintaining market position and customer relationships
ChatGPT
  • + Large revenue base with positive year-over-year top-line growth
  • + Positive operating income and operating cash flow indicate the core business still generates cash
  • + Interest coverage of 3.0x suggests debt service remains manageable for now

AAL Stock Risks: American Airlines Group Inc. Investment Risks

Claude
  • ! Negative stockholders' equity of -$4.1B indicates technical insolvency with no equity cushion for creditors or shareholders
  • ! Critical liquidity crisis with current ratio of 0.49x - immediate refinancing risk as short-term liabilities exceed available liquid assets
  • ! Persistent unprofitability with negative operating margins (-0.3%), deteriorating EPS (-86.3% YoY), and inability to service $22.9B debt burden
ChatGPT
  • ! Net income fell 86.9% year over year, showing severe earnings deterioration
  • ! Negative stockholders equity and $24.64B of long-term debt reflect a highly stressed balance sheet
  • ! Current and quick ratios of 0.50x plus negative free cash flow indicate weak liquidity and limited financial flexibility

Key Metrics to Watch

Claude
  • * Return to operating profitability and positive operating margins
  • * Debt reduction progress and equity restoration toward positive stockholders' equity
  • * Working capital improvements and current ratio recovery above 1.0x
ChatGPT
  • * Operating margin and net income recovery
  • * Free cash flow and debt reduction progress

American Airlines Group Inc. (AAL) Financial Metrics & Key Ratios

Revenue
$13.9B
Net Income
$-382.0M
EPS (Diluted)
$-0.58
Free Cash Flow
$3.4B
Total Assets
$63.7B
Cash Position
$903.0M

💡 AI Analyst Insight

The 24.5% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

AAL Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -0.3%
Net Margin -2.7%
ROE N/A
ROA -0.6%
FCF Margin 24.5%

AAL vs Transportation Sector: How American Airlines Group Inc. Compares

How American Airlines Group Inc. compares to Transportation sector averages

Net Margin
AAL -2.7%
vs
Sector Avg 10.0%
AAL Sector
ROE
AAL 0.0%
vs
Sector Avg 18.0%
AAL Sector
Current Ratio
AAL 0.5x
vs
Sector Avg 1.0x
AAL Sector
Debt/Equity
AAL 0.0x
vs
Sector Avg 1.0x
AAL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is American Airlines Group Inc. Stock Overvalued? AAL Valuation Analysis 2026

Based on fundamental analysis, American Airlines Group Inc. has mixed fundamental signals relative to the Transportation sector in 2026.

Return on Equity
N/A
Sector avg: 18%
Net Profit Margin
-2.7%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 1x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

American Airlines Group Inc. Balance Sheet: AAL Debt, Cash & Liquidity

Current Ratio
0.49x
Quick Ratio
0.49x
Debt/Equity
N/A
Debt/Assets
0.0%
Interest Coverage
-0.08x
Long-term Debt
$22.9B

AAL Revenue & Earnings Growth: 5-Year Financial Trend

AAL 5-year financial data: Year 2021: Revenue $45.8B, Net Income $1.7B, EPS $3.79. Year 2022: Revenue $49.0B, Net Income -$8.9B, EPS $-18.36. Year 2023: Revenue $52.8B, Net Income -$2.0B, EPS $-3.09. Year 2024: Revenue $54.2B, Net Income $127.0M, EPS $0.19. Year 2025: Revenue $54.6B, Net Income $822.0M, EPS $1.21.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: American Airlines Group Inc.'s revenue has grown significantly by 19% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.21 reflects profitable operations.

AAL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
24.5%
Free cash flow / Revenue

AAL Quarterly Earnings & Performance

Quarterly financial performance data for American Airlines Group Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $12.6B -$382.0M $-0.58
Q3 2025 $13.6B $12.0M $0.02
Q2 2025 $14.3B $126.0M $0.19
Q1 2025 $12.6B -$312.0M $-0.48
Q3 2024 $13.5B $10.0M $-0.23
Q2 2024 $14.1B $10.0M $0.59
Q1 2024 $12.2B $10.0M $0.02
Q3 2023 $13.5B $10.0M $0.69

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

American Airlines Group Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$4.2B
Cash generated from operations
Stock Buybacks
$21.0M
Shares repurchased (TTM)
Capital Expenditures
$811.0M
Investment in assets
Dividends Paid
$43.0M
Returned to shareholders

AAL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for American Airlines Group Inc. (CIK: 0000006201)

📋 Recent SEC Filings

Date Form Document Action
Apr 28, 2026 DEF 14A d83928ddef14a.htm View →
Apr 23, 2026 10-Q aal-20260331.htm View →
Apr 23, 2026 8-K aal-20260423.htm View →
Apr 20, 2026 8-K d357173d8k.htm View →
Mar 26, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about AAL

What is the AI rating for AAL?

American Airlines Group Inc. (AAL) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 90% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AAL's key strengths?

Claude: Strong free cash flow generation of $3.4B (24.5% FCF margin) providing near-term operational liquidity. Positive operating cash flow of $4.2B supporting debt service despite net losses. ChatGPT: Large revenue base with positive year-over-year top-line growth. Positive operating income and operating cash flow indicate the core business still generates cash.

What are the risks of investing in AAL?

Claude: Negative stockholders' equity of -$4.1B indicates technical insolvency with no equity cushion for creditors or shareholders. Critical liquidity crisis with current ratio of 0.49x - immediate refinancing risk as short-term liabilities exceed available liquid assets. ChatGPT: Net income fell 86.9% year over year, showing severe earnings deterioration. Negative stockholders equity and $24.64B of long-term debt reflect a highly stressed balance sheet.

What is AAL's revenue and growth?

American Airlines Group Inc. reported revenue of $13.9B.

Does AAL pay dividends?

American Airlines Group Inc. pays dividends, with $43.0M distributed to shareholders in the trailing twelve months.

Where can I find AAL SEC filings?

Official SEC filings for American Airlines Group Inc. (CIK: 0000006201) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is AAL's EPS?

American Airlines Group Inc. has a diluted EPS of $-0.58.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is AAL a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, American Airlines Group Inc. has a SELL rating with 90% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is AAL stock overvalued or undervalued?

Valuation metrics for AAL: ROE of N/A (sector avg: 18%), net margin of -2.7% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy AAL stock in 2026?

Our dual AI analysis gives American Airlines Group Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is AAL's free cash flow?

American Airlines Group Inc.'s operating cash flow is $4.2B, with capital expenditures of $811.0M. FCF margin is 24.5%.

How does AAL compare to other Transportation stocks?

Vs Transportation sector averages: Net margin -2.7% (avg: 10%), ROE N/A (avg: 18%), current ratio 0.49 (avg: 1).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 29, 2026 | Data as of: 2026-03-31 | Powered by Claude AI