American Airlines Group (AAL)

Debt-to-capital ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Long-term debt US$ in thousands — — — — —
Total stockholders’ equity US$ in thousands -3,727,000 -3,977,000 -5,202,000 -5,799,000 -7,340,000
Debt-to-capital ratio — — — — —

December 31, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $-3,727,000K)
= —

See also:

American Airlines Group Debt to Capital