American Airlines Group (AAL) — Financial Flexibility Index
American Airlines Group (AAL) has a Financial Flexibility Index of 0.07x as of March 2026. Free cash flow of $5.03 Billion (operating CF $4.22 Billion minus capex $811.00 Million) represents 0% of total liabilities ($67.81 Billion). Also explore American Airlines Group (AAL) net asset momentum to track the company's year-over-year net asset growth rate.
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. Check American Airlines Group asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Annual Financial Flexibility Index for American Airlines Group (1989–2025)
Year-by-year free cash flow to debt coverage for American Airlines Group. For the full company profile including market capitalisation, see market value of American Airlines Group.
| 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 | — |