American Airlines Group annual operating cash flow
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2025
American Airlines Group Operating Cash Flow Growth & History (AAL)
American Airlines Group's operating cash flow was $3.10B for fiscal 2025.
View full American Airlines Group company overviewAmerican Airlines Group annual operating cash flow history
| Fiscal year | Period ended | Operating cash flow | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.10B | −$884.0M | −22.19% |
| 2024 | 2024-12-31 | $3.98B | $180.0M | +4.73% |
| 2023 | 2023-12-31 | $3.80B | $1.63B | +75.01% |
| 2022 | 2022-12-31 | $2.17B | $1.47B | +208.66% |
| 2021 | 2021-12-31 | $704.0M | $7.25B | — |
| 2020 | 2020-12-31 | −$6.54B | −$10.36B | — |
| 2019 | 2019-12-31 | $3.81B | $282.0M | +7.98% |
| 2018 | 2018-12-31 | $3.53B | −$1.21B | −25.53% |
| 2017 | 2017-12-31 | $4.74B | −$1.78B | −27.28% |
| 2016 | 2016-12-31 | $6.52B | $275.0M | +4.40% |
| 2015 | 2015-12-31 | $6.25B | $3.17B | +102.89% |
| 2014 | 2014-12-31 | $3.08B | $2.40B | +356.30% |
| 2013 | 2013-12-31 | $675.0M | −$610.0M | −47.47% |
| 2012 | 2012-12-31 | $1.28B | $542.0M | +72.95% |
| 2011 | 2011-12-31 | $743.0M | −$498.0M | −40.13% |
| 2010 | 2010-12-31 | $1.24B | $311.0M | +33.44% |
| 2009 | 2009-12-31 | $930.0M | $2.32B | — |
| 2008 | 2008-12-31 | −$1.39B | — | — |
| 2005 | 2005-12-31 | $1.02B | $307.0M | +42.82% |
| 2004 | 2004-12-31 | $717.0M | $116.0M | +19.30% |
| 2003 | 2003-12-31 | $601.0M | — | — |
American Airlines Group quarterly operating cash flow
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Q2.12
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Q2.13
Q3.13
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Q2.14
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Q4.14
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Q1.17
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Q3.17
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Q2.20
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Q3.23
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Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating cash flow | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $471.0M | −$492.0M | −51.09% |
| Q1 2026 | 2026-03-31 | $4.22B | $1.77B | +71.95% |
| Q4 2025 | 2025-12-31 | −$274.0M | −$672.0M | — |
| Q3 2025 | 2025-09-30 | −$46.0M | −$323.0M | — |
| Q2 2025 | 2025-06-30 | $963.0M | −$165.0M | −14.63% |
| Q1 2025 | 2025-03-31 | $2.46B | $276.0M | +12.66% |
| Q4 2024 | 2024-12-31 | $398.0M | $1.75B | — |
| Q3 2024 | 2024-09-30 | $277.0M | $219.0M | +377.59% |
| Q2 2024 | 2024-06-30 | $1.13B | −$635.0M | −36.02% |
| Q1 2024 | 2024-03-31 | $2.18B | −$1.15B | −34.59% |
| Q4 2023 | 2023-12-31 | −$1.35B | −$1.19B | — |
| Q3 2023 | 2023-09-30 | $58.0M | $651.0M | — |
| Q2 2023 | 2023-06-30 | $1.76B | $24.0M | +1.38% |
| Q1 2023 | 2023-03-31 | $3.33B | $2.15B | +181.27% |
| Q4 2022 | 2022-12-31 | −$158.0M | $1.04B | — |
| Q3 2022 | 2022-09-30 | −$593.0M | $1.15B | — |
| Q2 2022 | 2022-06-30 | $1.74B | −$1.73B | −49.88% |
| Q1 2022 | 2022-03-31 | $1.19B | $1.01B | +581.03% |
| Q4 2021 | 2021-12-31 | −$1.20B | $1.66B | — |
| Q3 2021 | 2021-09-30 | −$1.74B | $864.0M | — |
| Q2 2021 | 2021-06-30 | $3.47B | $4.38B | — |
| Q1 2021 | 2021-03-31 | $174.0M | $342.0M | — |
| Q4 2020 | 2020-12-31 | −$2.86B | −$3.46B | — |
| Q3 2020 | 2020-09-30 | −$2.60B | −$3.43B | — |
| Q2 2020 | 2020-06-30 | −$908.0M | −$1.64B | — |
| Q1 2020 | 2020-03-31 | −$168.0M | −$1.82B | — |
| Q4 2019 | 2019-12-31 | $600.0M | −$116.0M | −16.20% |
| Q3 2019 | 2019-09-30 | $828.0M | $905.0M | — |
| Q2 2019 | 2019-06-30 | $736.0M | −$358.0M | −32.72% |
| Q1 2019 | 2019-03-31 | $1.65B | −$149.0M | −8.28% |
| Q4 2018 | 2018-12-31 | $716.0M | $279.0M | +63.84% |
| Q3 2018 | 2018-09-30 | −$77.0M | −$446.0M | — |
| Q2 2018 | 2018-06-30 | $1.09B | −$594.0M | −35.19% |
| Q1 2018 | 2018-03-31 | $1.80B | −$450.0M | −20.00% |
| Q4 2017 | 2017-12-31 | $437.0M | −$190.0M | −30.30% |
| Q3 2017 | 2017-09-30 | $369.0M | −$695.0M | −65.32% |
| Q2 2017 | 2017-06-30 | $1.69B | −$525.0M | −23.72% |
| Q1 2017 | 2017-03-31 | $2.25B | −$370.0M | −14.12% |
| Q4 2016 | 2016-12-31 | $627.0M | $399.0M | +175.00% |
| Q3 2016 | 2016-09-30 | $1.06B | −$116.0M | −9.83% |
| Q2 2016 | 2016-06-30 | $2.21B | −$134.0M | −5.71% |
| Q1 2016 | 2016-03-31 | $2.62B | $126.0M | +5.05% |
| Q4 2015 | 2015-12-31 | $228.0M | −$576.0M | −71.64% |
| Q3 2015 | 2015-09-30 | $1.18B | $1.54B | — |
| Q2 2015 | 2015-06-30 | $2.35B | $966.0M | +69.95% |
| Q1 2015 | 2015-03-31 | $2.49B | $1.24B | +98.57% |
| Q4 2014 | 2014-12-31 | $804.0M | $2.02B | — |
| Q3 2014 | 2014-09-30 | −$361.0M | −$378.0M | — |
| Q2 2014 | 2014-06-30 | $1.38B | $211.0M | +18.03% |
| Q1 2014 | 2014-03-31 | $1.26B | $556.0M | +79.43% |
| Q4 2013 | 2013-12-31 | −$1.21B | −$930.0M | — |
| Q3 2013 | 2013-09-30 | $17.0M | $172.0M | — |
| Q2 2013 | 2013-06-30 | $1.17B | $515.0M | +78.63% |
| Q1 2013 | 2013-03-31 | $700.0M | −$367.0M | −34.40% |
| Q4 2012 | 2012-12-31 | −$282.0M | −$679.0M | — |
| Q3 2012 | 2012-09-30 | −$155.0M | $152.0M | — |
| Q2 2012 | 2012-06-30 | $655.0M | $710.0M | — |
| Q1 2012 | 2012-03-31 | $1.07B | $359.0M | +50.71% |
| Q4 2011 | 2011-12-31 | $397.0M | $246.0M | +162.91% |
| Q3 2011 | 2011-09-30 | −$307.0M | −$224.0M | — |
| Q2 2011 | 2011-06-30 | −$55.0M | −$772.0M | — |
| Q1 2011 | 2011-03-31 | $708.0M | $252.0M | +55.26% |
| Q4 2010 | 2010-12-31 | $151.0M | — | — |
| Q3 2010 | 2010-09-30 | −$83.0M | −$71.0M | — |
| Q2 2010 | 2010-06-30 | $717.0M | — | — |
| Q1 2010 | 2010-03-31 | $456.0M | — | — |
| Q3 2009 | 2009-09-30 | −$12.0M | — | — |
American Airlines Group operating cash flow trends
Over the last five fiscal years, American Airlines Group's operating cash flow increased from −$6.54B to $3.10B, a change of $9.64B. The latest reported quarter, Q2 2026, shows $471.0M.
About the metric
What operating cash flow means
Operating cash flow is the cash generated or used by a company’s core operations. It incorporates working-capital movements and other operating cash items, and it is the starting point for calculating free cash flow.
Calculation and source
SEC-reported operating cash flow
TickerStat standardizes net cash provided by or used in operating activities reported in company SEC filings. It is historical filing data before capital expenditures, financing activities, and investing activities. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review American Airlines Group source filings ↗Community posts
American warns of further losses despite record revenue
American Airlines ($AAL) reported record third-quarter 2026 revenue of $16.3 billion, up 19.3%, but higher fuel costs pushed it into a loss. GAAP net loss was $269 million, or $0.41 per share, while the adjusted loss was $182 million, or $0 ...
