WinstonWınston
Back
Stock

American Airlines Group

AAL
17
Airlines, Airports & Air Services · Industrials
Also trades as: 0HE6.L GBP 0.12 (-4.76%)
Price
$12.11
-0.49 (-3.89%)
Market Cap
$8.02B
Exchange
NASDAQ
Winston Score
17
Winston is worried
Weak fundamentals across most pillars.
Data as of Oct 24, 2026 · filings through Sep 30, 2026

§How the score breaks down

Quality
Weak
5/30
Growth
Mixed
6/20
Cash Flow
Weak
0/10
Stability
Weak
1/10
Valuation
Data not available
0/10
Ownership
Mixed
4/15
Dividends
Not counted
n/a

16 of 95 counted points = Winston Score 17. Pillars marked n/a do not apply to this company and are left out of the total.

Track this stock — start free trial

Share count rising — dilution

+2.8% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 644.0M (2021) → 661.9M (2025)

§Winston Score History

The full picture

American Airlines Group is one of the largest airlines in the world. It flies passengers and cargo to hundreds of destinations across the United States and internationally, including routes to Europe, Latin America, Asia, and the Caribbean. The company also owns the AAdvantage loyalty program, one of the biggest frequent flyer programs in the airline industry.

American Airlines makes money primarily by selling plane tickets to individual travelers and corporate customers, and it earns additional revenue from cargo shipping, credit card partnerships tied to AAdvantage, and fees for things like checked bags and seat upgrades. The airline operates mainly out of major hub airports including Dallas/Fort Worth, Miami, and Charlotte. Its thin operating margin of around 1.7% reflects how cost-sensitive the airline business is — fuel prices, labor costs, and economic downturns can quickly erase profits. The company carries a heavy debt load from pandemic-era borrowing, and managing that debt while competing on price remains its biggest ongoing challenge.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+19.3% YoY

YoY Growth Rate

Steady revenue growth

Reported EPS Growth

-141.2% YoY

Quarterly reporting periods ended:

30 Sept 2025: $-0.17

30 Sept 2026: $-0.41

Reported/statutory EPS, not adjusted or underlying earnings. One-off items can affect this figure. Provider rounding can affect the growth rate.

YoY Growth Rate

Reported EPS decreased year over year

R&D Spend

$0/ year

0.0% of revenue

Below sector average (4%)

Research and development spending

Insider Activity

1.5%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Runway

~20 months

$8.3B cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Adequate runway but may need to raise capital within 2 years

Growth context

American Airlines Group is growing revenue at 19% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
19.2%
Thin — 19.2% gross margin
Profit after running costs
Operating Margin
0.7%
Thin — 0.7% operating margin
Return on the money invested
ROCE
0.4%
Weak — 0.4% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
+12.3%
Fast-growing sales (+12.3% YoY)
Profit growth
EPS YoY
-179.3%
Earnings shrinking (-179.3% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

How steady the profit is
EPS Consistency
3/8 quarters
Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
N/A
Data not available
Spare cash per sale
FCF Margin
-0.1%
Burning cash (-0.1%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
N/A
—
Data not available
Covers its interest
Interest Cover
1.12x
Dangerous — barely covers interest (1.1x)

Interest coverage between 1 and 3. Profits cover interest, but with little room to spare.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial