SuperworthAmerican Airlines profit margin AAL
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- −0.6%
- Operating margin, 12 months
- 1.7%
- Net margin on a year earlier
- −1.6 pts
- Peer median
- 5.1%
Over the twelve months to Jun 30, 2026, American Airlines kept −0.6% of its revenue as net profit, with an operating margin of 1.7%.
Five years earlier its net margin was −31.1%.
The median for 6 airline and airport stocks of a similar size is 5.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 0.2% | 2.7% |
| FY2024 | 1.6% | 4.8% |
| FY2023 | 1.6% | 5.7% |
| FY2022 | 0.3% | 3.3% |
| FY2021 | −6.7% | −3.5% |
| FY2020 | −51.2% | −60.1% |
| FY2019 | 3.7% | 6.7% |
| FY2018 | 3.2% | 6.0% |
| FY2017 | 3.0% | 9.9% |
| FY2016 | 6.7% | 13.2% |
| FY2015 | 18.6% | 15.1% |
| FY2014 | 6.8% | 10.0% |
| FY2013 | −6.9% | 5.2% |
| FY2012 | −7.5% | 0.6% |
| FY2011 | −8.3% | −4.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −0.6% | −1.6 pts | 1.7% | |
| Q1 FY26 | 0.4% | −0.9 pts | 3.0% | |
| Q4 FY25 | 0.2% | −1.4 pts | 2.7% | |
| Q3 FY25 | 1.1% | +0.6 pts | 4.0% | |
| Q2 FY25 | 1.0% | +1.3 pts | 3.8% | |
| Q1 FY25 | 1.3% | +0.3 pts | 4.3% | |
| Q4 FY24 | 1.6% | +0.0 pts | 4.8% | |
| Q3 FY24 | 0.5% | −2.5 pts | 4.0% | |
| Q2 FY24 | −0.2% | −5.2 pts | 3.4% | |
| Q1 FY24 | 0.9% | −2.5 pts | 4.9% | |
| Q4 FY23 | 1.6% | +1.3 pts | 5.7% | |
| Q3 FY23 | 3.0% | +6.6 pts | 7.1% |
Against its peers
Companies in Airlines, Airports & Air Services nearest American Airlines' size, closest first, today.
| Company | Profit margin |
|---|---|
| AALAmerican Airlines | −0.6% |
| SKYWSkywest | 9.8% |
| LUVSouthwest Airlines | 2.8% |
| UALUnited Airlines | 5.6% |
| ALGTAllegiant Travel CO | 0.9% |
| DALDelta Air Lines | 4.6% |
| VTOLBristow | 6.7% |
| Peer median | 5.1% |
Where American Airlines ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on American Airlines
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.