American Airlines Group Free Cash Flow Generation Index
American Airlines Group free cash flow generation index. American Airlines Group (AAL) has a Free Cash Flow Generation Index of -0.75x as of June 2026. Free cash flow of $-351.00 Million represents -1% of operating cash flow ($471.00 Million).
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of American Airlines Group (1989–2025)
Free cash flow generation index of American Airlines Group from 1989 to 2025. Historical FCF Generation Index trend for American Airlines Group across 34 annual periods. See financial flexibility index of American Airlines Group to measure the company's free cash flow as a share of total liabilities.
American Airlines Group Free Cash Flow Generation Index by Year (1989–2025)
American Airlines Group free cash flow generation index by year from 1989 to 2025. Year-by-year Free Cash Flow Generation Index for American Airlines Group. For the full cash flow conversion analysis, see American Airlines Group (AAL) cash flow conversion.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | -0.22x | $-680.00 Million | $3.10 Billion | $3.78 Billion | ▼ -167.2% |
| 2024 | 0.33x | $1.30 Billion | $3.98 Billion | $2.68 Billion | ▲ +2.8% |
| 2023 | 0.32x | $1.21 Billion | $3.80 Billion | $2.60 Billion | ▲ +194.1% |
| 2022 | -0.34x | $-733.00 Million | $2.17 Billion | $2.91 Billion | ▼ -147.9% |
| 2021 | 0.70x | $496.00 Million | $704.00 Million | $208.00 Million | ▲ +693.3% |
| 2019 | -0.12x | $-453.00 Million | $3.81 Billion | $4.27 Billion | ▼ -97.9% |
| 2018 | -0.06x | $-212.00 Million | $3.53 Billion | $3.75 Billion | ▲ +76.8% |
| 2017 | -0.26x | $-1.23 Billion | $4.74 Billion | $5.97 Billion | ▼ -312.8% |
| 2016 | 0.12x | $793.00 Million | $6.52 Billion | $5.73 Billion | ▲ +675.1% |
| 2015 | 0.02x | $98.00 Million | $6.25 Billion | $6.15 Billion | ▲ +102.2% |
| 2014 | -0.72x | $-2.23 Billion | $3.08 Billion | $5.31 Billion | ▲ +80.0% |
| 2013 | -3.61x | $-2.44 Billion | $675.00 Million | $3.11 Billion | ▼ -662.4% |
| 2012 | -0.47x | $-609.00 Million | $1.28 Billion | $1.89 Billion | ▲ +65.5% |
| 2011 | -1.37x | $-934.00 Million | $680.00 Million | $1.61 Billion | ▼ -136.4% |
| 2010 | -0.58x | $-721.00 Million | $1.24 Billion | $1.96 Billion | ▲ +8.6% |
| 2009 | -0.64x | $-591.00 Million | $930.00 Million | $1.52 Billion | ▼ -200.6% |
| 2007 | 0.63x | $1.22 Billion | $1.94 Billion | $714.00 Million | ▼ -13.1% |
| 2006 | 0.73x | $1.41 Billion | $1.94 Billion | $530.00 Million | ▲ +116.9% |
| 2005 | 0.33x | $343.00 Million | $1.02 Billion | $681.00 Million | ▲ +177.5% |
| 2004 | -0.43x | $-310.00 Million | $717.00 Million | $1.03 Billion | ▼ -228.9% |
| 2003 | -0.13x | $-79.00 Million | $601.00 Million | $680.00 Million | ▲ +97.9% |
| 2001 | -6.12x | $-3.13 Billion | $511.00 Million | $3.64 Billion | ▼ -3489.4% |
| 2000 | -0.17x | $-536.00 Million | $3.14 Billion | $3.68 Billion | ▲ +69.7% |
| 1999 | -0.56x | $-1.27 Billion | $2.26 Billion | $3.54 Billion | ▼ -436.9% |
| 1998 | 0.17x | $534.00 Million | $3.19 Billion | $2.66 Billion | ▼ -68.1% |
| 1997 | 0.52x | $1.53 Billion | $2.92 Billion | $1.39 Billion | ▼ -34.4% |
| 1996 | 0.80x | $2.17 Billion | $2.72 Billion | $547.00 Million | ▲ +38.8% |
| 1995 | 0.58x | $1.26 Billion | $2.19 Billion | $928.00 Million | ▲ +87.0% |
| 1994 | 0.31x | $495.00 Million | $1.61 Billion | $1.11 Billion | ▲ +160.3% |
| 1993 | -0.51x | $-703.00 Million | $1.38 Billion | $2.08 Billion | ▲ +82.5% |
| 1992 | -2.91x | $-2.46 Billion | $843.00 Million | $3.30 Billion | ▲ +22.4% |
| 1991 | -3.75x | $-2.79 Billion | $744.00 Million | $3.54 Billion | ▼ -16.2% |
| 1990 | -3.23x | $-2.22 Billion | $685.80 Million | $2.90 Billion | ▼ -300.5% |
| 1989 | -0.81x | $-1.07 Billion | $1.33 Billion | $2.39 Billion | — |