American Airlines Group (AAL) — Cash Flow Quality Index
American Airlines Group (AAL) has a Cash Flow Quality Index of 6.63x as of June 2026. Operating cash flow of $471.00 Million exceeds net income of $71.00 Million, indicating high earnings quality where cash backs reported profits. Explore AAL operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see American Airlines Group cash conversion from operations.
Annual Cash Flow Quality Index for American Airlines Group (1989–2025)
Year-by-year earnings quality comparison for 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 | — |