American Airlines Group Balance Sheet
NASDAQ: AALConsumer DiscretionaryAir Freight/Delivery ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
American Airlines Group financial position
At the end of fiscal 2025, American Airlines Group reported total assets of $61.77 billion, down 0.0% from a year earlier against total liabilities of $65.50 billion. Shareholders' equity was negative at -$3.73 billion, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $954.0 million in cash and equivalents against $28.89 billion of debt, a net debt position of $27.94 billion.
The current ratio (current assets divided by current liabilities) was 0.50, meaning short-term obligations exceed short-term assets.
Summary generated from market data by MetaCap's automated system. Methodology
American Airlines Group balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 954.00M | 804.00M | 578.00M | 440.00M | 273.00M | 245.00M | 280.00M | 275.00M | 295.00M | 322.00M |
| Short-Term Investments | 4.88B | 6.18B | 7.00B | 8.53B | 12.16B | 6.62B | 3.55B | 4.49B | 4.77B | 6.04B |
| Receivables | 2.08B | 2.01B | 2.03B | 2.14B | 1.50B | 1.34B | 1.75B | 1.71B | 1.75B | 1.59B |
| Total Current Assets | 12.21B | 13.15B | 13.57B | 15.27B | 17.34B | 11.10B | 8.21B | 8.64B | 9.15B | 10.32B |
| Property, Plant & Equipment | 32.54B | 31.13B | 30.76B | 30.20B | 29.54B | 31.70B | 34.99B | 34.10B | 34.16B | 31.16B |
| Goodwill | 4.09B | 4.09B | 4.09B | 4.09B | 4.09B | 4.09B | 4.09B | 4.09B | 4.09B | 4.09B |
| Intangible Assets | 2.07B | 2.04B | 2.05B | 2.06B | 1.99B | 2.03B | 2.08B | 2.14B | 2.20B | 2.17B |
| Total Assets | 61.77B | 61.78B | 63.06B | 64.72B | 66.47B | 62.01B | 59.99B | 60.58B | 52.78B | 51.27B |
| Accounts Payable | 2.84B | 2.46B | 2.35B | 2.15B | 1.77B | 1.20B | 2.06B | 1.77B | 1.69B | 1.59B |
| Short-Term Debt | 3.64B | 5.20B | 3.50B | 3.06B | 2.31B | 2.70B | 2.75B | 3.21B | 2.48B | 1.85B |
| Total Current Liabilities | 24.49B | 24.30B | 22.06B | 21.50B | 19.01B | 16.57B | 18.31B | 18.10B | 15.36B | 13.87B |
| Long-Term Debt | 25.25B | 25.15B | 29.27B | 32.39B | 35.57B | 29.80B | 21.45B | 21.18B | 22.51B | 22.49B |
| Total Liabilities | 65.50B | 65.76B | 68.26B | 70.52B | 73.81B | 68.88B | 60.11B | 60.75B | 53.56B | 51.56B |
| Shareholders' Equity | -3.73B | -3.98B | -5.20B | -5.80B | -7.34B | -6.87B | -118.00M | -169.00M | -780.00M | -284.00M |
| Retained Earnings | -6.73B | -6.84B | -7.69B | -8.51B | -8.64B | -6.66B | 2.26B | 758.00M | -1.34B | 1.64B |
| Total Debt | 28.89B | 30.35B | 32.77B | 35.45B | 37.89B | 32.49B | 24.20B | 24.39B | 24.99B | 24.34B |
| Net Cash (Debt) | -23.06B | -23.37B | -25.19B | -26.48B | -25.45B | -25.63B | -20.38B | -19.63B | -19.92B | -17.98B |
| Shares Outstanding | 660.30M | 657.57M | 654.27M | 650.64M | 647.73M | 621.48M | 428.20M | 460.61M | 475.51M | 507.29M |
This table shows 10 annual periods of American Airlines Group's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow AAL's reporting calendar. What is a balance sheet?