American Airlines Group (AAL)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	2,614,000	3,034,000	1,607,000	-1,059,000	-10,421,000
Revenue	US$ in thousands	54,154,000	50,346,000	46,971,000	28,078,000	16,086,000
Operating profit margin		4.83%	6.03%	3.42%	-3.77%	-64.78%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $2,614,000K ÷ $54,154,000K
= 4.83%

American Airlines Group's operating profit margin has shown significant improvement over the years, starting at a low of -64.78% on December 31, 2020, and gradually increasing to -3.77% on December 31, 2021. The company managed to turn the negative operating profit margin into positive territory by December 31, 2022, with a margin of 3.42%. By the end of December 31, 2023, the operating profit margin further improved to 6.03%, indicating the company's enhanced operational efficiency. However, there was a slight decrease to 4.83% by December 31, 2024, which may need further analysis to understand the underlying factors driving this change. Overall, this positive trend in operating profit margin reflects American Airlines Group's efforts to streamline its operations and improve profitability over the years.