American Airlines Group (AAL) - Total Assets
Based on the latest financial reports, American Airlines Group (AAL) holds total assets worth $63.74 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check American Airlines Group (AAL) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
American Airlines Group - Total Assets Trend (1985–2025)
This chart illustrates how American Airlines Group's total assets have evolved over time, based on quarterly financial data. Check AAL cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
American Airlines Group - Asset Composition Analysis
Current Asset Composition (December 2025)
American Airlines Group's total assets of $63.74 Billion consist of 19.8% current assets and 80.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.7% |
| Accounts Receivable | $2.08 Billion | 3.4% |
| Inventory | $2.79 Billion | 4.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.07 Billion | 3.3% |
| Goodwill | $4.09 Billion | 6.6% |
Asset Composition Trend (1985–2025)
This chart illustrates how American Airlines Group's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see American Airlines Group market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: American Airlines Group's current assets represent 19.8% of total assets in 2025, a decrease from 35.4% in 1985.
- Cash Position: Cash and equivalents constituted 2.7% of total assets in 2025, down from 21.1% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is goodwill at 6.6% of total assets.
American Airlines Group Competitors by Total Assets
Key competitors of American Airlines Group based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Southern Airlines Co Ltd Class A
SHG:600029
|
China | CN¥356.51 Billion |
|
CATHAY PAC.AIRW.HD-20ADR5
F:CTYA
|
Germany | €177.05 Billion |
|
Air China Limited
F:AD2
|
Germany | €343.05 Billion |
|
Norwegian Air Shuttle ASA
OL:NAS
|
Norway | Nkr44.19 Billion |
|
Tigerair Taiwan Co. Ltd.
TW:6757
|
Taiwan | NT$27.91 Billion |
|
Qantas Airways Ltd
AU:QAN
|
Australia | AU$23.89 Billion |
|
Virgin Australia Holdings Ltd
AU:VGN
|
Australia | AU$4.87 Billion |
|
Air New Zealand Ltd
AU:AIZ
|
Australia | AU$9.14 Billion |
American Airlines Group - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.49 | 0.52 | 1.05 |
| Quick Ratio | 0.38 | 0.42 | 0.97 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-14.42 Billion | $-12.51 Billion | $1.13 Billion |
American Airlines Group - Advanced Valuation Insights
This section examines the relationship between American Airlines Group's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 78.85 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $61.77 Billion |
| Market Capitalization | $9.91 Billion USD |
Valuation Analysis
Below Book Valuation: The market values American Airlines Group's assets below their book value (0.16x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: American Airlines Group's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for American Airlines Group (1985–2025)
The table below shows the annual total assets of American Airlines Group from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $61.77 Billion | -0.01% |
| 2024-12-31 | $61.78 Billion | -2.02% |
| 2023-12-31 | $63.06 Billion | -2.56% |
| 2022-12-31 | $64.72 Billion | -2.63% |
| 2021-12-31 | $66.47 Billion | +7.19% |
| 2020-12-31 | $62.01 Billion | +3.36% |
| 2019-12-31 | $59.99 Billion | -0.97% |
| 2018-12-31 | $60.58 Billion | +14.77% |
| 2017-12-31 | $52.78 Billion | +2.95% |
| 2016-12-31 | $51.27 Billion | +5.91% |
| 2015-12-31 | $48.41 Billion | +12.01% |
| 2014-12-31 | $43.23 Billion | +2.24% |
| 2013-12-31 | $42.28 Billion | +79.83% |
| 2012-12-31 | $23.51 Billion | -1.42% |
| 2011-12-31 | $23.85 Billion | -4.94% |
| 2010-12-31 | $25.09 Billion | -1.38% |
| 2009-12-31 | $25.44 Billion | +1.04% |
| 2008-12-31 | $25.18 Billion | -11.89% |
| 2007-12-31 | $28.57 Billion | -1.97% |
| 2006-12-31 | $29.14 Billion | -1.19% |
| 2005-12-31 | $29.50 Billion | +2.51% |
| 2004-12-31 | $28.77 Billion | -1.90% |
| 2003-12-31 | $29.33 Billion | -3.10% |
| 2002-12-31 | $30.27 Billion | -7.84% |
| 2001-12-31 | $32.84 Billion | +25.29% |
| 2000-12-31 | $26.21 Billion | +7.54% |
| 1999-12-31 | $24.37 Billion | +9.29% |
| 1998-12-31 | $22.30 Billion | +6.64% |
| 1997-12-31 | $20.91 Billion | +2.04% |
| 1996-12-31 | $20.50 Billion | +4.81% |
| 1995-12-31 | $19.56 Billion | +0.36% |
| 1994-12-31 | $19.49 Billion | +0.83% |
| 1993-12-31 | $19.33 Billion | +3.31% |
| 1992-12-31 | $18.71 Billion | +15.41% |
| 1991-12-31 | $16.21 Billion | +21.38% |
| 1990-12-31 | $13.35 Billion | +22.76% |
| 1989-12-31 | $10.88 Billion | +11.88% |
| 1988-12-31 | $9.72 Billion | +15.42% |
| 1987-12-31 | $8.42 Billion | +11.89% |
| 1986-12-31 | $7.53 Billion | +17.24% |
| 1985-12-31 | $6.42 Billion | -- |
About American Airlines Group
American Airlines Group Inc., through its subsidiaries, operates as a network air carrier in the United States, Latin America, Atlantic, and Pacific. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C., as well as through partner gate… Read more