American Airlines Group (AAL)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 15,375,000 | 12,064,000 | 2,183,000 | -4,476,000 | 16,771,000 |
| Revenue | US$ in thousands | 50,346,000 | 46,971,000 | 28,078,000 | 16,086,000 | 44,641,000 |
| Gross profit margin | 30.54% | 25.68% | 7.77% | -27.83% | 37.57% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $15,375,000K ÷ $50,346,000K
= 30.54%
American Airlines Group Inc has consistently maintained a gross profit margin of 100% across the past five years, from 2019 to 2023. This indicates that the company is effectively managing its production costs and achieving a high level of efficiency in generating revenue from its core operations. A gross profit margin of 100% implies that the company's cost of goods sold is equivalent to its revenue, resulting in a full retention of the sales revenue as gross profit. This sustained performance in gross profit margin suggests a stable and strong financial position for American Airlines Group Inc over the years analyzed.
Peer comparison
Dec 31, 2023