American Airlines Group (AAL)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 846,000 | 822,000 | 127,000 | -1,993,000 | -8,885,000 |
Revenue | US$ in thousands | 54,154,000 | 50,346,000 | 46,971,000 | 28,078,000 | 16,086,000 |
Net profit margin | 1.56% | 1.63% | 0.27% | -7.10% | -55.23% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $846,000K ÷ $54,154,000K
= 1.56%
American Airlines Group's net profit margin has shown a significant improvement over the years based on the provided data. From a substantial negative margin of -55.23% as of December 31, 2020, the company made significant progress, gradually reducing its losses. By the end of December 31, 2021, the net profit margin improved to -7.10%, indicating a more efficient management of expenses and revenues.
The positive trend continued in the following years, with American Airlines Group achieving a net profit margin of 0.27% as of December 31, 2022. This signifies the company's ability to generate a modest profit relative to its total revenue. The trend of improvement was further evident in the subsequent years, with the net profit margin reaching 1.63% as of December 31, 2023, and slightly decreasing to 1.56% by December 31, 2024.
Overall, American Airlines Group has demonstrated a notable improvement in profitability over the years, transitioning from significant losses to positive net profit margins. This indicates a positive trajectory in managing costs and enhancing operational efficiency, potentially strengthening the company's financial position in the long term.
Peer comparison
Dec 31, 2024