American Airlines Group (AAL) — Cash Flow-to-Debt Ratio
American Airlines Group (AAL) has a Cash Flow-to-Debt Ratio of 0.06x as of March 2026, meaning its operating cash flow of $4.22 Billion could theoretically repay 0% of its total liabilities ($67.81 Billion) in one year. Check American Airlines Group cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
American Airlines Group Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for American Airlines Group across 37 annual periods. Also explore how large is American Airlines Group's balance sheet for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for American Airlines Group (1989–2025)
Year-by-year debt coverage analysis for American Airlines Group. For market capitalisation and broader financial context, see how much is American Airlines Group worth.
| 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 | — |