American Airlines Group (AAL)

Total asset turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Revenue (ttm)	US$ in thousands	53,657,000	52,300,000	51,598,000	50,771,000	50,347,000	50,719,000	50,737,000	50,184,000	46,971,000	43,308,000	38,838,000	32,876,000	28,077,000	23,149,000	17,489,000	11,865,000	16,486,000	23,772,000	32,566,000	42,883,000
Total assets	US$ in thousands	61,783,000	63,528,000	64,125,000	64,384,000	63,058,000	65,711,000	67,260,000	66,786,000	64,716,000	66,652,000	67,963,000	67,401,000	66,467,000	68,437,000	72,464,000	68,649,000	62,008,000	62,773,000	64,544,000	58,580,000
Total asset turnover		0.87	0.82	0.80	0.79	0.80	0.77	0.75	0.75	0.73	0.65	0.57	0.49	0.42	0.34	0.24	0.17	0.27	0.38	0.50	0.73

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $53,657,000K ÷ $61,783,000K
= 0.87

American Airlines Group's total asset turnover has fluctuated over the period shown, starting at 0.73 in March 2020 and generally decreasing until reaching its lowest point of 0.17 in March 2021. After this low point, the total asset turnover showed a gradual improvement, increasing to 0.87 by December 2024. This improvement indicates that the company has become more efficient in generating revenue relative to its total assets over time. The increasing trend suggests that American Airlines Group has been able to make more effective use of its assets to drive revenue growth and operational efficiency.