American Airlines Group (AAL) — Net Asset Momentum
American Airlines Group (AAL) recorded a net asset momentum of 6.3% as of December 2025, with net assets of $-3.73 Billion USD. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. For live market cap and overall valuation, see AAL market cap overview.
YoY Momentum
Current Net Assets
Years of Data
Country
American Airlines Group Net Asset Momentum (1985–2025)
This chart tracks American Airlines Group's year-over-year net asset growth across 41 annual reporting periods from 1985 to 2025. The most recent momentum reading is +6.3%, with net assets of $-3.73 Billion USD as of December 2025. See American Airlines Group net asset quality index to measure how much of total assets are equity-financed.
Annual Net Asset History for American Airlines Group (1985–2025)
The table below shows the complete annual net asset history for American Airlines Group from 1985 to 2025, covering 41 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. Check American Airlines Group tangible book value ratio to evaluate the tangible quality of the company's equity base.
| Year | Net Assets (USD) | Total Assets | Total Liabilities | YoY Momentum |
|---|---|---|---|---|
| 2025 | $-3.73 Billion | $61.77 Billion | $65.50 Billion | ▲ +6.3% |
| 2024 | $-3.98 Billion | $61.78 Billion | $65.76 Billion | ▲ +23.5% |
| 2023 | $-5.20 Billion | $63.06 Billion | $68.26 Billion | ▲ +10.3% |
| 2022 | $-5.80 Billion | $64.72 Billion | $70.52 Billion | ▲ +21.0% |
| 2021 | $-7.34 Billion | $66.47 Billion | $73.81 Billion | ▼ -6.9% |
| 2020 | $-6.87 Billion | $62.01 Billion | $68.88 Billion | ▼ -5719.5% |
| 2019 | $-118.00 Million | $59.99 Billion | $60.11 Billion | ▲ +30.2% |
| 2018 | $-169.00 Million | $60.58 Billion | $60.75 Billion | ▲ +78.3% |
| 2017 | $-780.00 Million | $52.78 Billion | $53.56 Billion | ▼ -120.6% |
| 2016 | $3.79 Billion | $51.27 Billion | $47.49 Billion | ▼ -32.8% |
| 2015 | $5.63 Billion | $48.41 Billion | $42.78 Billion | ▲ +178.8% |
| 2014 | $2.02 Billion | $43.23 Billion | $41.20 Billion | ▲ +174.0% |
| 2013 | $-2.73 Billion | $42.28 Billion | $45.01 Billion | ▲ +65.8% |
| 2012 | $-7.99 Billion | $23.51 Billion | $31.50 Billion | ▼ -12.3% |
| 2011 | $-7.11 Billion | $23.85 Billion | $30.96 Billion | ▼ -80.3% |
| 2010 | $-3.94 Billion | $25.09 Billion | $29.03 Billion | ▼ -13.1% |
| 2009 | $-3.49 Billion | $25.44 Billion | $28.93 Billion | ▼ -18.9% |
| 2008 | $-2.94 Billion | $25.18 Billion | $28.11 Billion | ▼ -210.5% |
| 2007 | $2.66 Billion | $28.57 Billion | $25.91 Billion | ▲ +538.4% |
| 2006 | $-606.00 Million | $29.14 Billion | $29.75 Billion | ▲ +59.0% |
| 2005 | $-1.48 Billion | $29.50 Billion | $30.97 Billion | ▼ -154.4% |
| 2004 | $-581.00 Million | $28.77 Billion | $29.35 Billion | ▼ -1363.0% |
| 2003 | $46.00 Million | $29.33 Billion | $29.28 Billion | ▼ -95.2% |
| 2002 | $957.00 Million | $30.27 Billion | $29.31 Billion | ▼ -82.2% |
| 2001 | $5.37 Billion | $32.84 Billion | $27.47 Billion | ▼ -25.1% |
| 2000 | $7.18 Billion | $26.21 Billion | $19.04 Billion | ▲ +4.6% |
| 1999 | $6.86 Billion | $24.37 Billion | $17.52 Billion | ▲ +2.4% |
| 1998 | $6.70 Billion | $22.30 Billion | $15.61 Billion | ▲ +7.8% |
| 1997 | $6.22 Billion | $20.91 Billion | $14.70 Billion | ▲ +9.7% |
| 1996 | $5.67 Billion | $20.50 Billion | $14.83 Billion | ▲ +52.4% |
| 1995 | $3.72 Billion | $19.56 Billion | $15.84 Billion | ▲ +10.1% |
| 1994 | $3.38 Billion | $19.49 Billion | $16.11 Billion | ▼ -21.0% |
| 1993 | $4.28 Billion | $19.33 Billion | $15.05 Billion | ▲ +27.7% |
| 1992 | $3.35 Billion | $18.71 Billion | $15.36 Billion | ▼ -11.7% |
| 1991 | $3.79 Billion | $16.21 Billion | $12.41 Billion | ▲ +1.8% |
| 1990 | $3.73 Billion | $13.35 Billion | $9.63 Billion | ▼ -1.0% |
| 1989 | $3.77 Billion | $10.88 Billion | $7.11 Billion | ▲ +19.6% |
| 1988 | $3.15 Billion | $9.72 Billion | $6.57 Billion | ▲ +17.4% |
| 1987 | $2.68 Billion | $8.42 Billion | $5.74 Billion | ▲ +7.9% |
| 1986 | $2.48 Billion | $7.53 Billion | $5.04 Billion | ▲ +13.9% |
| 1985 | $2.18 Billion | $6.42 Billion | $4.24 Billion | — |