American Airlines Group (AAL) - Cash Flow Conversion Efficiency
Based on the latest financial reports, American Airlines Group (AAL) has a cash flow conversion efficiency ratio of -1.036x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($4.22 Billion) by net assets ($-4.08 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See American Airlines Group (AAL) balance sheet quality index to measure how much of total assets are equity-financed.
American Airlines Group - Cash Flow Conversion Efficiency Trend (1989–2025)
This chart illustrates how American Airlines Group's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check American Airlines Group (AAL) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
American Airlines Group Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of American Airlines Group ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
The Federal Bank Limited
NSE:FEDERALBNK
|
-0.058x |
|
Service Corporation International
NYSE:SCI
|
0.211x |
|
Klepierre SA
PA:LI
|
0.039x |
|
American Healthcare REIT, Inc.
NYSE:AHR
|
0.000x |
|
Sinoma Science & Technology Co Ltd
SHE:002080
|
0.061x |
|
Harmony Gold Mining Company Limited
F:HAM
|
0.066x |
|
Groep Brussel Lambert NV
BR:GBLB
|
0.038x |
|
Sichuan Tianqi Lithium Industries Inc
SHE:002466
|
0.008x |
Annual Cash Flow Conversion Efficiency for American Airlines Group (1989–2025)
The table below shows the annual cash flow conversion efficiency of American Airlines Group from 1989 to 2025. For the full company profile with market capitalisation and key ratios, see AAL company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $-3.73 Billion | $3.10 Billion | -0.831x | +16.98% |
| 2024-12-31 | $-3.98 Billion | $3.98 Billion | -1.002x | -36.99% |
| 2023-12-31 | $-5.20 Billion | $3.80 Billion | -0.731x | -95.10% |
| 2022-12-31 | $-5.80 Billion | $2.17 Billion | -0.375x | -290.69% |
| 2021-12-31 | $-7.34 Billion | $704.00 Million | -0.096x | -110.07% |
| 2020-12-31 | $-6.87 Billion | $-6.54 Billion | 0.953x | +102.95% |
| 2019-12-31 | $-118.00 Million | $3.81 Billion | -32.331x | -54.65% |
| 2018-12-31 | $-169.00 Million | $3.53 Billion | -20.905x | -243.72% |
| 2017-12-31 | $-780.00 Million | $4.74 Billion | -6.082x | -452.86% |
| 2016-12-31 | $3.79 Billion | $6.52 Billion | 1.724x | +55.43% |
| 2015-12-31 | $5.63 Billion | $6.25 Billion | 1.109x | -27.23% |
| 2014-12-31 | $2.02 Billion | $3.08 Billion | 1.524x | +716.60% |
| 2013-12-31 | $-2.73 Billion | $675.00 Million | -0.247x | -53.63% |
| 2012-12-31 | $-7.99 Billion | $1.28 Billion | -0.161x | -68.24% |
| 2011-12-31 | $-7.11 Billion | $680.00 Million | -0.096x | +69.60% |
| 2010-12-31 | $-3.94 Billion | $1.24 Billion | -0.315x | -18.02% |
| 2009-12-31 | $-3.49 Billion | $930.00 Million | -0.267x | -156.12% |
| 2008-12-31 | $-2.94 Billion | $-1.39 Billion | 0.475x | -34.78% |
| 2007-12-31 | $2.66 Billion | $1.94 Billion | 0.728x | +122.76% |
| 2006-12-31 | $-606.00 Million | $1.94 Billion | -3.200x | -361.83% |
| 2005-12-31 | $-1.48 Billion | $1.02 Billion | -0.693x | +43.86% |
| 2004-12-31 | $-581.00 Million | $717.00 Million | -1.234x | -109.45% |
| 2003-12-31 | $46.00 Million | $601.00 Million | 13.065x | +1225.42% |
| 2002-12-31 | $957.00 Million | $-1.11 Billion | -1.161x | -1320.67% |
| 2001-12-31 | $5.37 Billion | $511.00 Million | 0.095x | -78.28% |
| 2000-12-31 | $7.18 Billion | $3.14 Billion | 0.438x | +32.63% |
| 1999-12-31 | $6.86 Billion | $2.26 Billion | 0.330x | -30.79% |
| 1998-12-31 | $6.70 Billion | $3.19 Billion | 0.477x | +1.54% |
| 1997-12-31 | $6.22 Billion | $2.92 Billion | 0.470x | -1.97% |
| 1996-12-31 | $5.67 Billion | $2.72 Billion | 0.479x | -18.42% |
| 1995-12-31 | $3.72 Billion | $2.19 Billion | 0.587x | +23.39% |
| 1994-12-31 | $3.38 Billion | $1.61 Billion | 0.476x | +47.82% |
| 1993-12-31 | $4.28 Billion | $1.38 Billion | 0.322x | +27.93% |
| 1992-12-31 | $3.35 Billion | $843.00 Million | 0.252x | +28.36% |
| 1991-12-31 | $3.79 Billion | $744.00 Million | 0.196x | +6.58% |
| 1990-12-31 | $3.73 Billion | $685.80 Million | 0.184x | -47.73% |
| 1989-12-31 | $3.77 Billion | $1.33 Billion | 0.352x | -- |
About American Airlines Group
American Airlines Group Inc., through its subsidiaries, operates as a network air carrier in the United States, Latin America, Atlantic, and Pacific. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C., as well as through partner gate… Read more