American Airlines Group Cash Flow-to-Debt Ratio
American Airlines Group cash flow-to-debt ratio. American Airlines Group (AAL) has a Cash Flow-to-Debt Ratio of 0.01x as of June 2026, meaning its operating cash flow of $471.00 Million could theoretically repay 0% of its total liabilities ($68.20 Billion) in one year. Check American Airlines Group (AAL) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of American Airlines Group (1989–2025)
Cash flow-to-debt ratio of American Airlines Group from 1989 to 2025. Historical debt coverage capacity for American Airlines Group across 37 annual periods. Check AAL cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
American Airlines Group Cash Flow-to-Debt Ratio by Year (1989–2025)
American Airlines Group cash flow-to-debt ratio by year from 1989 to 2025. Year-by-year debt coverage analysis for American Airlines Group. For the full cash flow conversion analysis, see cash efficiency ratio of American Airlines Group.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.05x | $3.10 Billion | $65.50 Billion | ▼ -21.9% |
| 2024 | 0.06x | $3.98 Billion | $65.76 Billion | ▲ +8.7% |
| 2023 | 0.06x | $3.80 Billion | $68.26 Billion | ▲ +80.8% |
| 2022 | 0.03x | $2.17 Billion | $70.52 Billion | ▲ +223.1% |
| 2021 | 0.01x | $704.00 Million | $73.81 Billion | ▲ +110.0% |
| 2020 | -0.09x | $-6.54 Billion | $68.88 Billion | ▼ -249.7% |
| 2019 | 0.06x | $3.81 Billion | $60.11 Billion | ▲ +9.1% |
| 2018 | 0.06x | $3.53 Billion | $60.75 Billion | ▼ -34.3% |
| 2017 | 0.09x | $4.74 Billion | $53.56 Billion | ▼ -35.5% |
| 2016 | 0.14x | $6.52 Billion | $47.49 Billion | ▼ -6.0% |
| 2015 | 0.15x | $6.25 Billion | $42.78 Billion | ▲ +95.4% |
| 2014 | 0.07x | $3.08 Billion | $41.20 Billion | ▲ +398.4% |
| 2013 | 0.01x | $675.00 Million | $45.01 Billion | ▼ -63.2% |
| 2012 | 0.04x | $1.28 Billion | $31.50 Billion | ▲ +85.7% |
| 2011 | 0.02x | $680.00 Million | $30.96 Billion | ▼ -48.6% |
| 2010 | 0.04x | $1.24 Billion | $29.03 Billion | ▲ +33.0% |
| 2009 | 0.03x | $930.00 Million | $28.93 Billion | ▲ +164.8% |
| 2008 | -0.05x | $-1.39 Billion | $28.11 Billion | ▼ -166.4% |
| 2007 | 0.07x | $1.94 Billion | $25.91 Billion | ▲ +14.6% |
| 2006 | 0.07x | $1.94 Billion | $29.75 Billion | ▲ +97.1% |
| 2005 | 0.03x | $1.02 Billion | $30.97 Billion | ▲ +35.4% |
| 2004 | 0.02x | $717.00 Million | $29.35 Billion | ▲ +19.0% |
| 2003 | 0.02x | $601.00 Million | $29.28 Billion | ▲ +154.1% |
| 2002 | -0.04x | $-1.11 Billion | $29.31 Billion | ▼ -303.8% |
| 2001 | 0.02x | $511.00 Million | $27.47 Billion | ▼ -88.7% |
| 2000 | 0.17x | $3.14 Billion | $19.04 Billion | ▲ +27.7% |
| 1999 | 0.13x | $2.26 Billion | $17.52 Billion | ▼ -36.9% |
| 1998 | 0.20x | $3.19 Billion | $15.61 Billion | ▲ +3.1% |
| 1997 | 0.20x | $2.92 Billion | $14.70 Billion | ▲ +8.5% |
| 1996 | 0.18x | $2.72 Billion | $14.83 Billion | ▲ +32.7% |
| 1995 | 0.14x | $2.19 Billion | $15.84 Billion | ▲ +38.1% |
| 1994 | 0.10x | $1.61 Billion | $16.11 Billion | ▲ +9.2% |
| 1993 | 0.09x | $1.38 Billion | $15.05 Billion | ▲ +66.7% |
| 1992 | 0.05x | $843.00 Million | $15.36 Billion | ▼ -8.4% |
| 1991 | 0.06x | $744.00 Million | $12.41 Billion | ▼ -15.9% |
| 1990 | 0.07x | $685.80 Million | $9.63 Billion | ▼ -61.8% |
| 1989 | 0.19x | $1.33 Billion | $7.11 Billion | — |