American Airlines Group (AAL)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 1,686,000 | 1,597,000 | 1,544,000 | 1,438,000 |
| 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 |
| Net profit margin | 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% | 3.75% | 3.58% | 3.49% | 3.27% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $822,000K ÷ $50,347,000K
= 1.63%
American Airlines Group Inc's net profit margin has displayed some fluctuation over the past eight quarters. In Q4 2023, the net profit margin stood at 1.56%, showing a decrease from the previous quarter's 3.04%. However, it was a significant improvement compared to the same quarter in the previous year, where the net profit margin was only 0.26%.
The highest net profit margin in the provided data was recorded in Q2 2023 at 4.98%, indicating a strong performance in that period. This was followed by Q1 2023 with a net profit margin of 3.39%.
On the contrary, the lowest net profit margin was seen in Q1 2022 at -6.84%, reflecting a period of substantial loss for the company. This negative trend improved gradually over the quarters, with Q4 2022 and Q3 2022 still showing negative net profit margins but at reduced levels of -0.26% and -3.55%, respectively.
Overall, American Airlines Group Inc's net profit margin has shown variability, with some quarters reflecting profitability and others facing challenges. It is essential for the company to focus on strategies to maintain and improve its profitability to ensure long-term sustainability and value for its stakeholders.
Peer comparison
Dec 31, 2023