American Airlines Group (AAL) — Financial Flexibility Index
American Airlines Group (AAL) has a Financial Flexibility Index of 0.02x as of June 2026. Free cash flow of $1.29 Billion (operating CF $471.00 Million minus capex $822.00 Million) represents 0% of total liabilities ($68.20 Billion). Check how aggressively does American Airlines Group reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
American Airlines Group Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for American Airlines Group across 37 annual periods. For the full cash flow conversion analysis, see American Airlines Group operating cash flow efficiency.
Annual Financial Flexibility Index for American Airlines Group (1989–2025)
Year-by-year free cash flow to debt coverage for American Airlines Group. Explore debt repayment capacity of American Airlines Group to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.11x | $6.88 Billion | $3.10 Billion | $65.50 Billion | ▲ +3.6% |
| 2024 | 0.10x | $6.67 Billion | $3.98 Billion | $65.76 Billion | ▲ +8.1% |
| 2023 | 0.09x | $6.40 Billion | $3.80 Billion | $68.26 Billion | ▲ +30.2% |
| 2022 | 0.07x | $5.08 Billion | $2.17 Billion | $70.52 Billion | ▲ +482.9% |
| 2021 | 0.01x | $912.00 Million | $704.00 Million | $73.81 Billion | ▲ +118.6% |
| 2020 | -0.07x | $-4.58 Billion | $-6.54 Billion | $68.88 Billion | ▼ -149.5% |
| 2019 | 0.13x | $8.08 Billion | $3.81 Billion | $60.11 Billion | ▲ +12.2% |
| 2018 | 0.12x | $7.28 Billion | $3.53 Billion | $60.75 Billion | ▼ -40.1% |
| 2017 | 0.20x | $10.71 Billion | $4.74 Billion | $53.56 Billion | ▼ -22.5% |
| 2016 | 0.26x | $12.26 Billion | $6.52 Billion | $47.49 Billion | ▼ -11.0% |
| 2015 | 0.29x | $12.40 Billion | $6.25 Billion | $42.78 Billion | ▲ +42.3% |
| 2014 | 0.20x | $8.39 Billion | $3.08 Billion | $41.20 Billion | ▲ +141.9% |
| 2013 | 0.08x | $3.79 Billion | $675.00 Million | $45.01 Billion | ▼ -16.4% |
| 2012 | 0.10x | $3.17 Billion | $1.28 Billion | $31.50 Billion | ▲ +36.0% |
| 2011 | 0.07x | $2.29 Billion | $680.00 Million | $30.96 Billion | ▼ -32.8% |
| 2010 | 0.11x | $3.20 Billion | $1.24 Billion | $29.03 Billion | ▲ +30.2% |
| 2009 | 0.08x | $2.45 Billion | $930.00 Million | $28.93 Billion | ▲ +559.8% |
| 2008 | -0.02x | $-518.00 Million | $-1.39 Billion | $28.11 Billion | ▼ -118.0% |
| 2007 | 0.10x | $2.65 Billion | $1.94 Billion | $25.91 Billion | ▲ +23.2% |
| 2006 | 0.08x | $2.47 Billion | $1.94 Billion | $29.75 Billion | ▲ +50.8% |
| 2005 | 0.06x | $1.71 Billion | $1.02 Billion | $30.97 Billion | ▼ -7.3% |
| 2004 | 0.06x | $1.74 Billion | $717.00 Million | $29.35 Billion | ▲ +35.8% |
| 2003 | 0.04x | $1.28 Billion | $601.00 Million | $29.28 Billion | ▲ +66.5% |
| 2002 | 0.03x | $770.00 Million | $-1.11 Billion | $29.31 Billion | ▼ -82.6% |
| 2001 | 0.15x | $4.15 Billion | $511.00 Million | $27.47 Billion | ▼ -57.8% |
| 2000 | 0.36x | $6.82 Billion | $3.14 Billion | $19.04 Billion | ▲ +8.1% |
| 1999 | 0.33x | $5.80 Billion | $2.26 Billion | $17.52 Billion | ▼ -11.7% |
| 1998 | 0.38x | $5.86 Billion | $3.19 Billion | $15.61 Billion | ▲ +28.0% |
| 1997 | 0.29x | $4.31 Billion | $2.92 Billion | $14.70 Billion | ▲ +33.3% |
| 1996 | 0.22x | $3.26 Billion | $2.72 Billion | $14.83 Billion | ▲ +11.9% |
| 1995 | 0.20x | $3.11 Billion | $2.19 Billion | $15.84 Billion | ▲ +16.3% |
| 1994 | 0.17x | $2.72 Billion | $1.61 Billion | $16.11 Billion | ▼ -26.4% |
| 1993 | 0.23x | $3.46 Billion | $1.38 Billion | $15.05 Billion | ▼ -14.8% |
| 1992 | 0.27x | $4.14 Billion | $843.00 Million | $15.36 Billion | ▼ -21.8% |
| 1991 | 0.34x | $4.28 Billion | $744.00 Million | $12.41 Billion | ▼ -7.5% |
| 1990 | 0.37x | $3.59 Billion | $685.80 Million | $9.63 Billion | ▼ -28.8% |
| 1989 | 0.52x | $3.72 Billion | $1.33 Billion | $7.11 Billion | — |