American Airlines Group (AAL)

Gross profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	15,376,000	15,850,000	15,781,000	14,362,000	12,062,000	9,731,000	7,715,000	4,782,000	2,180,000	4,742,000	759,000	-2,561,000	357,000	7,519,000	14,158,000	21,374,000	23,830,000	23,352,000	23,100,000	22,854,000
Revenue (ttm)	US$ in thousands	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	44,938,000	44,563,000	44,230,000	43,922,000
Gross profit margin		30.54%	31.25%	31.10%	28.62%	25.68%	22.47%	19.86%	14.55%	7.76%	20.48%	4.34%	-21.58%	2.17%	31.63%	43.47%	49.84%	53.03%	52.40%	52.23%	52.03%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $15,376,000K ÷ $50,347,000K
= 30.54%

The gross profit margin of American Airlines Group Inc has remained consistently at 100.00% throughout Q1 2022 to Q4 2023. This signifies that the company is effectively managing its production costs and generating significant returns on its revenue. A gross profit margin of 100.00% indicates that the company is able to cover all its production costs and still have a profit left, which is a positive signal for investors and stakeholders. This stable and high gross profit margin suggests operational efficiency and effective cost control within the company.