American Airlines Group (AAL)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,154,000 | 1,121,000 | 186,000 | -2,548,000 | -11,453,000 |
| Revenue | US$ in thousands | 54,154,000 | 50,346,000 | 46,971,000 | 28,078,000 | 16,086,000 |
| Pretax margin | 2.13% | 2.23% | 0.40% | -9.07% | -71.20% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,154,000K ÷ $54,154,000K
= 2.13%
American Airlines Group's pretax margin has shown considerable improvement over the past few years. The company experienced a significant decline in pretax margin, dropping to a substantial negative figure of -71.20% as of December 31, 2020. However, there has been a positive trend since then, with pretax margin improving to -9.07% by December 31, 2021, and further to 0.40% by December 31, 2022.
The positive momentum continued with pretax margin reaching 2.23% by December 31, 2023, showcasing a more solid performance. In the most recent period analyzed, American Airlines Group maintained a pretax margin of 2.13% as of December 31, 2024, indicating stability and profitability in its operations. Overall, the upward trend in pretax margin reflects the company's efforts to improve its financial performance and efficiency in managing costs.
Peer comparison
Dec 31, 2024