American Airlines Group (AAL)

Financial leverage ratio

		Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Total assets	US$ in thousands	61,774,000	62,141,000	63,667,000	62,609,000	61,783,000	63,528,000	64,125,000	64,384,000	63,058,000	65,711,000	67,260,000	66,786,000	64,716,000	66,652,000	67,963,000	67,401,000	66,467,000	68,437,000	72,464,000	68,649,000
Total stockholders’ equity	US$ in thousands	-3,727,000	-3,962,000	-3,870,000	-4,508,000	-3,977,000	-4,854,000	-4,746,000	-5,500,000	-5,202,000	-5,136,000	-4,385,000	-5,771,000	-5,799,000	-7,893,000	-8,422,000	-8,940,000	-7,340,000	-7,437,000	-7,667,000	-7,945,000
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