American Airlines Group (AAL)
Net profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 846,000 | 275,000 | -121,000 | 500,000 | 822,000 | 1,606,000 | 2,634,000 | 1,772,000 | 127,000 | -1,608,000 | -1,922,000 | -2,379,000 | -1,994,000 | -3,240,000 | -5,808,000 | -7,894,000 | -8,885,000 | -6,293,000 | -3,469,000 | -740,000 |
| 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 |
| Net profit margin | 1.58% | 0.53% | -0.23% | 0.98% | 1.63% | 3.17% | 5.19% | 3.53% | 0.27% | -3.71% | -4.95% | -7.24% | -7.10% | -14.00% | -33.21% | -66.53% | -53.89% | -26.47% | -10.65% | -1.73% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $846,000K ÷ $53,657,000K
= 1.58%
American Airlines Group's net profit margin has shown erratic fluctuations over the past several quarters.
The net profit margin was negative for most of 2020 and the first half of 2021, indicating that the company was experiencing losses relative to its revenue during those periods. The margin hit its lowest point in March 2021 at -66.53%, reflecting significant financial challenges faced by the company.
However, starting from the end of 2021 and into 2022, there was an improvement in the net profit margin, with the company gradually reducing its losses. By December 2022, the net profit margin turned positive at 0.27%, indicating that the company was able to generate a profit relative to its revenue.
The positive trend continued through 2023, with the net profit margin gradually increasing to 5.19% by June 2023. However, there was a slight decline in the margin by the end of 2023, falling to 1.63%.
In the first half of 2024, the net profit margin remained positive but experienced some minor fluctuations. By June 30, 2024, the margin turned slightly negative at -0.23%, but improved again by the end of September 2024 to 0.53%.
By December 31, 2024, the net profit margin reached 1.58%, suggesting that American Airlines Group was able to maintain a modest level of profitability at the end of the year.
Overall, the company's net profit margin has shown a mix of negative and positive performance over the analyzed period, with signs of recovery and improvement in profitability in more recent quarters.
Peer comparison
Dec 31, 2024