American Airlines Group annual capital expenditures (capex)
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American Airlines Group Capital Expenditures (CapEx) Growth & History (AAL)
American Airlines Group's capital expenditures (capex) was $3.78B for fiscal 2025.
View full American Airlines Group company overviewAmerican Airlines Group annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.78B | $1.10B | +40.85% |
| 2024 | 2024-12-31 | $2.68B | $87.0M | +3.35% |
| 2023 | 2023-12-31 | $2.60B | $50.0M | +1.96% |
| 2022 | 2022-12-31 | $2.55B | $2.34B | +1124.04% |
| 2021 | 2021-12-31 | $208.0M | −$1.75B | −89.38% |
| 2020 | 2020-12-31 | $1.96B | −$2.31B | −54.12% |
| 2019 | 2019-12-31 | $4.27B | $523.0M | +13.97% |
| 2018 | 2018-12-31 | $3.75B | −$2.23B | −37.28% |
| 2017 | 2017-12-31 | $5.97B | $240.0M | +4.19% |
| 2016 | 2016-12-31 | $5.73B | −$420.0M | −6.83% |
| 2015 | 2015-12-31 | $6.15B | $840.0M | +15.82% |
| 2014 | 2014-12-31 | $5.31B | $2.20B | +70.55% |
| 2013 | 2013-12-31 | $3.11B | $1.23B | +64.94% |
| 2012 | 2012-12-31 | $1.89B | $278.0M | +17.27% |
| 2011 | 2011-12-31 | $1.61B | −$352.0M | −17.94% |
| 2010 | 2010-12-31 | $1.96B | $441.0M | +28.99% |
| 2009 | 2009-12-31 | $1.52B | $645.0M | +73.63% |
| 2008 | 2008-12-31 | $876.0M | — | — |
| 2005 | 2005-12-31 | $681.0M | −$346.0M | −33.69% |
| 2004 | 2004-12-31 | $1.03B | $347.0M | +51.03% |
| 2003 | 2003-12-31 | $680.0M | −$1.20B | −63.85% |
| 2002 | 2002-12-31 | $1.88B | −$1.76B | −48.32% |
| 2001 | 2001-12-31 | $3.64B | −$38.0M | −1.03% |
| 2000 | 2000-12-31 | $3.68B | — | — |
American Airlines Group quarterly capital expenditures (capex)
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| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $822.0M | $323.0M | +64.73% |
| Q1 2026 | 2026-03-31 | $811.0M | −$13.0M | −1.58% |
| Q4 2025 | 2025-12-31 | $1.63B | $890.0M | +120.27% |
| Q3 2025 | 2025-09-30 | $826.0M | $358.0M | +76.50% |
| Q2 2025 | 2025-06-30 | $499.0M | −$152.0M | −23.35% |
| Q1 2025 | 2025-03-31 | $824.0M | $0 | 0.00% |
| Q4 2024 | 2024-12-31 | $740.0M | −$103.0M | −12.22% |
| Q3 2024 | 2024-09-30 | $468.0M | −$41.0M | −8.06% |
| Q2 2024 | 2024-06-30 | $651.0M | −$88.0M | −11.91% |
| Q1 2024 | 2024-03-31 | $824.0M | $319.0M | +63.17% |
| Q4 2023 | 2023-12-31 | $843.0M | $157.0M | +22.89% |
| Q3 2023 | 2023-09-30 | $509.0M | $54.0M | +11.87% |
| Q2 2023 | 2023-06-30 | $739.0M | $141.0M | +23.58% |
| Q1 2023 | 2023-03-31 | $505.0M | −$302.0M | −37.42% |
| Q4 2022 | 2022-12-31 | $686.0M | $503.0M | +274.86% |
| Q3 2022 | 2022-09-30 | $455.0M | $362.0M | +389.25% |
| Q2 2022 | 2022-06-30 | $598.0M | $499.0M | +504.04% |
| Q1 2022 | 2022-03-31 | $807.0M | $788.0M | +4147.37% |
| Q4 2021 | 2021-12-31 | $183.0M | $35.0M | +23.65% |
| Q3 2021 | 2021-09-30 | $93.0M | −$484.0M | −83.88% |
| Q2 2021 | 2021-06-30 | $99.0M | −$289.0M | −74.48% |
| Q1 2021 | 2021-03-31 | $19.0M | −$826.0M | −97.75% |
| Q4 2020 | 2020-12-31 | $148.0M | −$991.0M | −87.01% |
| Q3 2020 | 2020-09-30 | $577.0M | −$229.0M | −28.41% |
| Q2 2020 | 2020-06-30 | $388.0M | −$630.0M | −61.89% |
| Q1 2020 | 2020-03-31 | $845.0M | −$460.0M | −35.25% |
| Q4 2019 | 2019-12-31 | $1.14B | $130.0M | +12.88% |
| Q3 2019 | 2019-09-30 | $806.0M | −$199.0M | −19.80% |
| Q2 2019 | 2019-06-30 | $1.02B | $66.0M | +6.93% |
| Q1 2019 | 2019-03-31 | $1.30B | $526.0M | +67.52% |
| Q4 2018 | 2018-12-31 | $1.01B | −$399.0M | −28.34% |
| Q3 2018 | 2018-09-30 | $1.00B | −$364.0M | −26.59% |
| Q2 2018 | 2018-06-30 | $952.0M | −$528.0M | −35.68% |
| Q1 2018 | 2018-03-31 | $779.0M | −$935.0M | −54.55% |
| Q4 2017 | 2017-12-31 | $1.41B | −$52.0M | −3.56% |
| Q3 2017 | 2017-09-30 | $1.37B | $161.0M | +13.33% |
| Q2 2017 | 2017-06-30 | $1.48B | −$26.0M | −1.73% |
| Q1 2017 | 2017-03-31 | $1.71B | $157.0M | +10.08% |
| Q4 2016 | 2016-12-31 | $1.46B | −$70.0M | −4.58% |
| Q3 2016 | 2016-09-30 | $1.21B | −$274.0M | −18.49% |
| Q2 2016 | 2016-06-30 | $1.51B | −$224.0M | −12.95% |
| Q1 2016 | 2016-03-31 | $1.56B | $148.0M | +10.50% |
| Q4 2015 | 2015-12-31 | $1.53B | $225.0M | +17.24% |
| Q3 2015 | 2015-09-30 | $1.48B | $154.0M | +11.60% |
| Q2 2015 | 2015-06-30 | $1.73B | $99.0M | +6.07% |
| Q1 2015 | 2015-03-31 | $1.41B | $362.0M | +34.57% |
| Q4 2014 | 2014-12-31 | $1.30B | $591.0M | +82.77% |
| Q3 2014 | 2014-09-30 | $1.33B | $732.0M | +122.82% |
| Q2 2014 | 2014-06-30 | $1.63B | $712.0M | +77.48% |
| Q1 2014 | 2014-03-31 | $1.05B | $162.0M | +18.31% |
| Q4 2013 | 2013-12-31 | $714.0M | −$21.0M | −2.86% |
| Q3 2013 | 2013-09-30 | $596.0M | $176.0M | +41.90% |
| Q2 2013 | 2013-06-30 | $919.0M | $424.0M | +85.66% |
| Q1 2013 | 2013-03-31 | $885.0M | $647.0M | +271.85% |
| Q4 2012 | 2012-12-31 | $735.0M | $359.0M | +95.48% |
| Q3 2012 | 2012-09-30 | $420.0M | −$66.0M | −13.58% |
| Q2 2012 | 2012-06-30 | $495.0M | $106.0M | +27.25% |
| Q1 2012 | 2012-03-31 | $238.0M | −$121.0M | −33.70% |
| Q4 2011 | 2011-12-31 | $376.0M | −$174.0M | −31.64% |
| Q3 2011 | 2011-09-30 | $486.0M | −$197.0M | −28.84% |
| Q2 2011 | 2011-06-30 | $389.0M | −$23.0M | −5.58% |
| Q1 2011 | 2011-03-31 | $359.0M | $42.0M | +13.25% |
| Q4 2010 | 2010-12-31 | $550.0M | — | — |
| Q3 2010 | 2010-09-30 | $683.0M | $182.0M | +36.33% |
| Q2 2010 | 2010-06-30 | $412.0M | — | — |
| Q1 2010 | 2010-03-31 | $317.0M | — | — |
| Q3 2009 | 2009-09-30 | $501.0M | — | — |
American Airlines Group capital expenditures (capex) trends
Over the last five fiscal years, American Airlines Group's capital expenditures (capex) increased from $1.96B to $3.78B, a change of $1.82B. The latest reported quarter, Q2 2026, shows $822.0M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review American Airlines Group source filings ↗