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 0.074x as of December 2025. 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 ($-274.00 Million) by net assets ($-3.73 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
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. Read debt load of American Airlines Group for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
OceanaGold Corporation
TO:OGC
|
0.107x |
|
SailPoint, Inc. Common Stock
NASDAQ:SAIL
|
0.009x |
|
Hellenic Telecommunications Organization S.A
AT:HTO
|
0.117x |
|
Avolta AG
SW:AVOL
|
0.760x |
|
TPG Inc
NASDAQ:TPG
|
-0.011x |
|
ASX LTD UNSPONS.ADR 1
F:AUX1
|
N/A |
|
Valaris Ltd
NYSE:VAL
|
0.020x |
|
SWIGGY LIMITED
NSE:SWIGGY
|
-0.018x |
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 market cap overview.
| 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