American Airlines Group (AAL) — Cash Flow Quality Index
American Airlines Group (AAL) has a Cash Flow Quality Index of -2.77x as of December 2025. Operating cash flow of $-274.00 Million is below net income of $99.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore American Airlines Group operating cash flow efficiency to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
American Airlines Group Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for American Airlines Group across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how aggressively does American Airlines Group reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for American Airlines Group (1989–2025)
Year-by-year earnings quality comparison for American Airlines Group. For live market cap and the full company financial profile, see market value of American Airlines Group.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 27.92x | $3.10 Billion | $111.00 Million | ▲ +493.0% |
| 2024 | 4.71x | $3.98 Billion | $846.00 Million | ▲ +1.8% |
| 2023 | 4.63x | $3.80 Billion | $822.00 Million | ▼ -73.0% |
| 2022 | 17.11x | $2.17 Billion | $127.00 Million | ▲ +656.2% |
| 2019 | 2.26x | $3.81 Billion | $1.69 Billion | ▼ -9.6% |
| 2018 | 2.50x | $3.53 Billion | $1.41 Billion | ▼ -32.4% |
| 2017 | 3.70x | $4.74 Billion | $1.28 Billion | ▲ +51.8% |
| 2016 | 2.44x | $6.52 Billion | $2.68 Billion | ▲ +196.9% |
| 2015 | 0.82x | $6.25 Billion | $7.61 Billion | ▼ -23.2% |
| 2014 | 1.07x | $3.08 Billion | $2.88 Billion | ▼ -72.2% |
| 2007 | 3.84x | $1.94 Billion | $504.00 Million | ▼ -54.3% |
| 2006 | 8.39x | $1.94 Billion | $231.00 Million | ▲ +123.3% |
| 2000 | 3.76x | $3.14 Billion | $836.00 Million | ▲ +8.9% |
| 1999 | 3.45x | $2.26 Billion | $656.00 Million | ▲ +41.9% |
| 1998 | 2.43x | $3.19 Billion | $1.31 Billion | ▼ -18.0% |
| 1997 | 2.96x | $2.92 Billion | $985.00 Million | ▲ +35.5% |
| 1996 | 2.19x | $2.72 Billion | $1.24 Billion | ▼ -80.4% |
| 1995 | 11.15x | $2.19 Billion | $196.00 Million | ▲ +58.0% |
| 1994 | 7.06x | $1.61 Billion | $228.00 Million | ▲ +142.1% |
| 1989 | 2.91x | $1.33 Billion | $454.80 Million | — |