American Airlines Group (AAL)

Operating return on assets (Operating ROA)

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Operating income US$ in thousands 1,591,000 3,257,000 4,013,000 1,805,000 -5,514,000
Total assets US$ in thousands 61,774,000 61,783,000 63,058,000 64,716,000 66,467,000
Operating ROA 2.58% 5.27% 6.36% 2.79% -8.30%

December 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $1,591,000K ÷ $61,774,000K
= 2.58%