Stock Analysis on Net
Stock Analysis on Net

American Airlines Group Inc. (NASDAQ:AAL)

This company has been moved to the archive! The financial data has not been updated since February 21, 2024.

Common-Size Income Statement 

American Airlines Group Inc., common-size consolidated income statement

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12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Passenger 91.90 91.01 87.22 83.74 91.79
Cargo 1.54 2.52 4.40 4.44 1.89
Other 6.56 6.47 8.38 11.82 6.33
Operating revenues 100.00% 100.00% 100.00% 100.00% 100.00%
Aircraft fuel and related taxes -23.22 -28.16 -22.73 -14.89 -16.44
Salaries, wages and benefits -27.62 -26.49 -39.55 -63.22 -27.55
Regional expenses -8.80 -8.95 -10.72 -28.22 -16.39
Maintenance, materials and repairs -6.19 -5.48 -6.62 -9.13 -5.20
Other rent and landing fees -5.55 -5.57 -8.76 -8.86 -4.49
Aircraft rent -2.59 -2.85 -4.77 -7.73 -2.90
Selling expenses -3.41 -3.71 -3.67 -2.96 -3.50
Depreciation and amortization -3.67 -4.04 -6.76 -11.77 -4.33
Labor contract expenses -1.87 0.00 0.00 -1.32 0.00
Severance expenses -0.04 0.00 -0.56 -8.12 -0.02
Fleet impairment 0.00 -0.30 0.00 -8.56 -0.47
Litigation reserve adjustments 0.00 -0.08 0.06 0.00 0.12
PSP Financial Assistance 0.00 0.00 13.93 21.40 0.00
Mark-to-market adjustments on bankruptcy obligations, net 0.00 0.00 0.01 0.28 0.02
Fleet restructuring expenses 0.00 0.00 0.00 0.00 -0.59
Merger integration expenses 0.00 0.00 0.00 0.00 -0.42
Other operating special items, net 0.08 -0.01 -0.03 0.10 -0.03
Mainline operating special items, net -1.84% -0.39% 13.41% 3.79% -1.39%
Other -11.38 -11.07 -13.37 -17.13 -11.11
Operating expenses -94.25% -96.72% -103.54% -160.11% -93.30%
Operating income (loss) 5.75% 3.28% -3.54% -60.11% 6.70%
Interest income 1.12 0.44 0.06 0.24 0.28
Interest expense, net -4.06 -4.01 -6.02 -7.08 -2.39
Other income (expense), net -0.68 0.66 0.98 0.89 0.35
Nonoperating expense, net -3.62% -2.90% -4.98% -5.95% -1.77%
Income (loss) before income taxes 2.12% 0.38% -8.53% -66.06% 4.93%
Income tax (provision) benefit -0.57 -0.12 1.86 14.81 -1.25
Net income (loss) 1.56% 0.26% -6.67% -51.25% 3.68%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Income statement item Description The company
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. American Airlines Group Inc. operating income (loss) as a percentage of operating revenues increased from 2021 to 2022 and from 2022 to 2023.
Income (loss) before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. American Airlines Group Inc. income (loss) before income taxes as a percentage of operating revenues increased from 2021 to 2022 and from 2022 to 2023.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. American Airlines Group Inc. net income (loss) as a percentage of operating revenues increased from 2021 to 2022 and from 2022 to 2023.