American Airlines price to free cash flow AAL

Market value divided by free cash flow over the last twelve months, since 2012.

Today, Oct 23, 2026: 28.1×
10-year median: 9.0×
Against its 10-year history: 70th; percentile: 0 is its lowest day, 100 its highest
10-year range: 2.9× to 100×
Peer median: 12.5×

American Airlines' price to free cash flow is 28.1× as of Oct 23, 2026.

That is above its ten-year median of 9.0×, higher than on 70% of days in the last ten years.

Over that time it ranged from 2.9× in Oct 2023 to 100× in Jul 2017.

The median for 6 airline and airport stocks of a similar size is 12.5×.

Price to free cash flow over time

median 9×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	28.1×	7.1×	37.0×
2025	11.6×	4.1×	11.8×
2024	7.7×	3.5×	8.5×
2023	3.6×	2.9×	6.7×
2022	22.6×	20.3×	42.2×
2021	n/m a value too high to mean anything
2020	n/m a value too high to mean anything
2019	n/m a value too high to mean anything
2018	n/m a value too high to mean anything
2017	96.1×	26.5×	100×
2016	74.7×	25.8×	291×
2015	29.7×	28.8×	32.4×
2014	n/m a value too high to mean anything
2013	13.1×	12.7×	13.5×
2012	11.5×	10.3×	26.4×

Against its peers

Companies in Airlines, Airports & Air Services nearest American Airlines' size, closest first, today.

Company	Price to free cash flow
AALAmerican Airlines	28.1×
SKYWSkywest	4.0×
LUVSouthwest Airlines	n/m
UALUnited Airlines	12.5×
ALGTAllegiant Travel CO	15.9×
DALDelta Air Lines	n/m
VTOLBristow	n/m
Peer median	12.5×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on American Airlines

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.