American Airlines Group Cash Flow Reinvestment Rate
American Airlines Group cash flow reinvestment rate. American Airlines Group (AAL) has a Cash Flow Reinvestment Rate of 2.48x as of June 2026, reinvesting $1.17 Billion (capex $822.00 Million plus investments $-347.00 Million) from operating cash flow of $471.00 Million. Explore American Airlines Group (AAL) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Cash Flow Reinvestment Rate of American Airlines Group (1989–2025)
Cash flow reinvestment rate of American Airlines Group from 1989 to 2025. Historical reinvestment intensity for American Airlines Group across 34 annual periods. Explore reinvestment intensity of American Airlines Group to see what proportion of operating cash flow is directed to capital expenditures.
American Airlines Group Cash Flow Reinvestment Rate by Year (1989–2025)
American Airlines Group cash flow reinvestment rate by year from 1989 to 2025. Year-by-year capital reinvestment analysis for American Airlines Group. For the full cash flow conversion analysis, see American Airlines Group cash conversion from operations.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.63x | $5.07 Billion | $3.10 Billion | $3.78 Billion | ▲ +78.3% |
| 2024 | 0.92x | $3.65 Billion | $3.98 Billion | $2.68 Billion | ▲ +12.5% |
| 2023 | 0.81x | $3.10 Billion | $3.80 Billion | $2.60 Billion | ▼ -50.0% |
| 2022 | 1.63x | $3.54 Billion | $2.17 Billion | $2.91 Billion | ▼ -80.0% |
| 2021 | 8.15x | $5.74 Billion | $704.00 Million | $208.00 Million | ▲ +494.9% |
| 2019 | 1.37x | $5.23 Billion | $3.81 Billion | $4.27 Billion | ▲ +14.1% |
| 2018 | 1.20x | $4.25 Billion | $3.53 Billion | $3.75 Billion | ▼ -4.5% |
| 2017 | 1.26x | $5.97 Billion | $4.74 Billion | $5.97 Billion | ▲ +43.3% |
| 2016 | 0.88x | $5.73 Billion | $6.52 Billion | $5.73 Billion | ▼ -10.8% |
| 2015 | 0.98x | $6.15 Billion | $6.25 Billion | $6.15 Billion | ▼ -42.9% |
| 2014 | 1.72x | $5.31 Billion | $3.08 Billion | $5.31 Billion | ▼ -62.6% |
| 2013 | 4.61x | $3.11 Billion | $675.00 Million | $3.11 Billion | ▲ +214.0% |
| 2012 | 1.47x | $1.89 Billion | $1.28 Billion | $1.89 Billion | ▼ -38.1% |
| 2011 | 2.37x | $1.61 Billion | $680.00 Million | $1.61 Billion | ▲ +50.1% |
| 2010 | 1.58x | $1.96 Billion | $1.24 Billion | $1.96 Billion | ▼ -3.3% |
| 2009 | 1.64x | $1.52 Billion | $930.00 Million | $1.52 Billion | ▲ +343.2% |
| 2007 | 0.37x | $714.00 Million | $1.94 Billion | $714.00 Million | ▲ +35.0% |
| 2006 | 0.27x | $530.00 Million | $1.94 Billion | $530.00 Million | ▼ -58.9% |
| 2005 | 0.67x | $681.00 Million | $1.02 Billion | $681.00 Million | ▼ -53.6% |
| 2004 | 1.43x | $1.03 Billion | $717.00 Million | $1.03 Billion | ▲ +26.6% |
| 2003 | 1.13x | $680.00 Million | $601.00 Million | $680.00 Million | ▼ -84.1% |
| 2001 | 7.12x | $3.64 Billion | $511.00 Million | $3.64 Billion | ▲ +508.5% |
| 2000 | 1.17x | $3.68 Billion | $3.14 Billion | $3.68 Billion | ▼ -25.1% |
| 1999 | 1.56x | $3.54 Billion | $2.26 Billion | $3.54 Billion | ▲ +87.7% |
| 1998 | 0.83x | $2.66 Billion | $3.19 Billion | $2.66 Billion | ▲ +75.0% |
| 1997 | 0.48x | $1.39 Billion | $2.92 Billion | $1.39 Billion | ▲ +136.4% |
| 1996 | 0.20x | $547.00 Million | $2.72 Billion | $547.00 Million | ▼ -52.6% |
| 1995 | 0.42x | $928.00 Million | $2.19 Billion | $928.00 Million | ▼ -38.7% |
| 1994 | 0.69x | $1.11 Billion | $1.61 Billion | $1.11 Billion | ▼ -54.2% |
| 1993 | 1.51x | $2.08 Billion | $1.38 Billion | $2.08 Billion | ▼ -61.4% |
| 1992 | 3.91x | $3.30 Billion | $843.00 Million | $3.30 Billion | ▼ -17.7% |
| 1991 | 4.75x | $3.54 Billion | $744.00 Million | $3.54 Billion | ▲ +12.3% |
| 1990 | 4.23x | $2.90 Billion | $685.80 Million | $2.90 Billion | ▲ +134.2% |
| 1989 | 1.81x | $2.39 Billion | $1.33 Billion | $2.39 Billion | — |