American Airlines Group Cash Flow Conversion Efficiency
American Airlines Group cash flow conversion efficiency. Based on the latest financial reports, American Airlines Group (AAL) has a cash flow conversion efficiency ratio of -0.119x as of June 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 ($471.00 Million) by net assets ($-3.97 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of American Airlines Group (1989–2025)
Cash flow conversion efficiency of American Airlines Group from 1989 to 2025. This chart illustrates how American Airlines Group's cash flow conversion efficiency has evolved over time, based on yearly financial data. View American Airlines Group stock price for real-time trading data and today's change.
American Airlines Group Cash Flow Conversion Ratio Explained
American Airlines Group cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see AAL market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Frontline Ltd
NYSE:FRO
|
0.113x |
|
Ramsay Health Care Ltd
AU:RHC
|
0.062x |
|
Jiangsu Yanghe Brewery Joint-Stock Co Ltd
SHE:002304
|
0.010x |
|
Yintai Resources Co Ltd
SHE:000975
|
0.054x |
|
Henan Shenhuo Coal & Power Co Ltd
SHE:000933
|
0.057x |
|
DISCOVERY LTD(UNSP.ADR)/3
F:D3H0
|
N/A |
|
Orion Oyj B
HE:ORNBV
|
0.086x |
|
Primerica Inc
NYSE:PRI
|
0.062x |
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. Review how much free cash does American Airlines Group generate to assess how much free cash flow the company generates relative to operating cash flow.
| 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