American Airlines Group (AAL)

Return on equity (ROE)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	822,000	127,000	-1,993,000	-8,885,000	1,686,000
Total stockholders’ equity	US$ in thousands	-5,202,000	-5,799,000	-7,340,000	-6,867,000	-118,000
ROE		—	—	—	—	—

December 31, 2023 calculation

ROE = Net income ÷ Total stockholders’ equity
= $822,000K ÷ $-5,202,000K
= —

To analyze American Airlines Group Inc's return on equity (ROE) over the past five years, we need the specific ROE figures for each year. Since the table provided does not include the ROE values, it is not possible to perform a detailed analysis of the company's ROE trend and performance.

ROE is a key financial ratio that measures a company's profitability by showing how much profit a company generates with the shareholders' equity. A higher ROE indicates more efficient utilization of equity to generate profits. Conversely, a decreasing ROE could signal deteriorating financial performance or inefficient use of equity.

Therefore, without the specific ROE figures for American Airlines Group Inc in the years provided, a comprehensive analysis of its ROE trend and performance cannot be conducted at this time. It would be essential to obtain the actual ROE data for each year to evaluate the company's performance in terms of generating returns for its equity holders.