American Airlines Group Quarterly Balance Sheet
NASDAQ: AALConsumer DiscretionaryAir Freight/Delivery ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
American Airlines Group financial position
As of Jun 30, 2026, American Airlines Group reported total assets of $64.23 billion, up 0.9% from a year earlier against total liabilities of $68.20 billion. Shareholders' equity was negative at -$3.97 billion, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $1.03 billion in cash and equivalents against $28.81 billion of debt, a net debt position of $27.78 billion.
The current ratio (current assets divided by current liabilities) was 0.53, meaning short-term obligations exceed short-term assets.
Summary generated from market data by MetaCap's automated system. Methodology
American Airlines Group balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.03B | 903.00M | 954.00M | 835.00M | 833.00M | 835.00M | 804.00M | 834.00M | 605.00M | 604.00M | 578.00M | 577.00M |
| Short-Term Investments | 6.74B | 6.39B | 4.88B | 6.02B | 7.74B | 6.63B | 6.18B | 7.64B | 7.84B | 7.70B | 7.00B | 10.01B |
| Receivables | 1.89B | 2.01B | 2.08B | 2.03B | 2.06B | 1.93B | 2.01B | 1.82B | 2.07B | 2.07B | 2.03B | 2.02B |
| Total Current Assets | 14.28B | 13.98B | 12.21B | 13.25B | 15.07B | 13.60B | 13.15B | 14.46B | 14.79B | 14.54B | 13.57B | 16.71B |
| Property, Plant & Equipment | 33.08B | 32.83B | 32.54B | 31.46B | 31.20B | 31.32B | 31.13B | 30.85B | 31.04B | 31.16B | 30.76B | 30.32B |
| Goodwill | 4.09B | 4.09B | 4.09B | 4.09B | 4.09B | 4.09B | 4.09B | 4.09B | 4.09B | 4.09B | 4.09B | 4.09B |
| Intangible Assets | 2.07B | 2.06B | 2.07B | 2.04B | 2.04B | 2.04B | 2.04B | 2.05B | 2.05B | 2.05B | 2.05B | 2.05B |
| Total Assets | 64.23B | 63.74B | 61.77B | 62.14B | 63.67B | 62.61B | 61.78B | 63.53B | 64.13B | 64.38B | 63.06B | 65.71B |
| Accounts Payable | 3.64B | 3.61B | 2.84B | 2.83B | 3.13B | 3.11B | 2.46B | 2.62B | 3.02B | 2.93B | 2.35B | 2.12B |
| Short-Term Debt | 2.98B | 4.08B | 3.64B | 3.51B | 4.51B | 4.64B | 5.20B | 5.26B | 3.98B | 3.97B | 3.50B | 3.61B |
| Total Current Liabilities | 26.76B | 28.41B | 24.49B | 24.64B | 25.77B | 26.11B | 24.30B | 25.53B | 24.61B | 24.99B | 22.06B | 24.38B |
| Long-Term Debt | 25.83B | 23.52B | 25.25B | 25.11B | 25.28B | 24.71B | 25.15B | 26.27B | 27.64B | 28.23B | 29.27B | 29.72B |
| Total Liabilities | 68.20B | 67.81B | 65.50B | 66.10B | 67.54B | 67.12B | 65.76B | 68.38B | 68.87B | 69.88B | 68.26B | 70.85B |
| Shareholders' Equity | -3.97B | -4.08B | -3.73B | -3.96B | -3.87B | -4.51B | -3.98B | -4.85B | -4.75B | -5.50B | -5.20B | -5.14B |
| Retained Earnings | -7.04B | -7.11B | -6.73B | -6.83B | -6.72B | -7.32B | -6.84B | -7.43B | -7.28B | -8.00B | -7.69B | -7.71B |
| Total Debt | 28.81B | 27.61B | 28.89B | 28.62B | 29.79B | 29.35B | 30.35B | 31.53B | 31.62B | 32.20B | 32.77B | 33.33B |
| Net Cash (Debt) | -21.04B | -20.31B | -23.06B | -21.76B | -21.22B | -21.89B | -23.37B | -23.06B | -23.17B | -23.90B | -25.19B | -22.75B |
| Shares Outstanding | 661.94M | 661.39M | 660.30M | 660.06M | 659.80M | 659.48M | 657.57M | 657.10M | 656.61M | 656.05M | 654.27M | 653.50M |
This table shows 12 quarterly periods of American Airlines Group's balance sheet, from Q2 2026 back to Q3 2023, 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?