American Airlines Group Debt to Equity Ratio 2012-2025 | AAL

Current and historical debt to equity ratio values for American Airlines Group (AAL) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. American Airlines Group debt/equity for the three months ending December 31, 2025 was 0.00.
American Airlines Group Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2025-12-31 $65.50B $-3.73B -17.58
2025-09-30 $66.10B $-3.96B -16.68
2025-06-30 $67.54B $-3.87B -17.45
2025-03-31 $67.12B $-4.51B -14.89
2024-12-31 $65.76B $-3.98B -16.54
2024-09-30 $68.38B $-4.85B -14.09
2024-06-30 $68.87B $-4.75B -14.51
2024-03-31 $69.88B $-5.50B -12.71
2023-12-31 $68.26B $-5.20B -13.12
2023-09-30 $70.85B $-5.14B -13.79
2023-06-30 $71.65B $-4.39B -16.34
2023-03-31 $72.56B $-5.77B -12.57
2022-12-31 $70.52B $-5.80B -12.16
2022-09-30 $74.55B $-7.89B -9.44
2022-06-30 $76.39B $-8.42B -9.07
2022-03-31 $76.34B $-8.94B -8.54
2021-12-31 $73.81B $-7.34B -10.06
2021-09-30 $75.87B $-7.44B -10.20
2021-06-30 $80.13B $-7.67B -10.45
2021-03-31 $76.59B $-7.95B -9.64
2020-12-31 $68.88B $-6.87B -10.03
2020-09-30 $68.30B $-5.53B -12.36
2020-06-30 $67.71B $-3.17B -21.37
2020-03-31 $61.22B $-2.64B -23.22
2019-12-31 $60.11B $-0.12B -509.43
2019-09-30 $61.02B $0.16B 381.34
2019-06-30 $61.99B $-0.02B -2817.68
2019-03-31 $61.42B $-0.64B -96.58
2018-12-31 $60.75B $-0.17B -359.46
2018-09-30 $53.20B $-0.57B -93.67
2018-06-30 $53.49B $-0.87B -61.56
2018-03-31 $54.30B $-1.02B -53.34
2017-12-31 $53.57B $-0.78B -68.67
2017-09-30 $48.45B $3.95B 12.27
2017-06-30 $49.62B $3.72B 13.36
2017-03-31 $49.17B $3.46B 14.22
2016-12-31 $47.49B $3.79B 12.55
2016-09-30 $46.72B $4.39B 10.64
2016-06-30 $46.74B $4.31B 10.84
2016-03-31 $45.20B $4.71B 9.60
2015-12-31 $42.78B $5.64B 7.59
2015-09-30 $44.95B $3.76B 11.95
2015-06-30 $44.23B $3.64B 12.17
2015-03-31 $43.99B $2.76B 15.92
2014-12-31 $41.20B $2.02B 20.39
2014-09-30 $39.20B $4.97B 7.89
2014-06-30 $40.73B $4.09B 9.97
2014-03-31 $42.64B $1.10B 38.94
2013-12-31 $45.01B $-2.73B -16.48
2013-09-30 $34.70B $-7.92B -4.38
2013-06-30 $34.43B $-8.22B -4.19
2013-03-31 $32.23B $-8.38B -3.85
2012-12-31 $31.50B $-7.99B -3.94
2012-09-30 $31.30B $-7.38B -4.24
2012-06-30 $33.69B $-8.97B -3.76
2012-03-31 $33.20B $-8.69B -3.82
2011-12-31 $30.96B $-7.11B -4.35
2011-09-30 $29.55B $-4.83B -6.12
2011-06-30 $30.30B $-4.51B -6.72
2011-03-31 $31.06B $-3.95B -7.87
2010-12-31 $29.03B $-3.95B -7.36
2010-09-30 $29.00B $-3.64B -7.96
2010-06-30 $29.82B $-3.93B -7.59
2010-03-31 $29.42B $-3.89B -7.56
2009-12-31 $28.93B $-3.49B -8.29
2009-09-30 $28.61B $-2.86B -10.01
2009-06-30 $27.14B $-3.00B -9.05
2009-03-31 $27.63B $-3.11B -8.89
2008-12-31 $28.11B $-2.94B -9.58
2008-09-30 $26.02B $0.93B 27.85
2008-06-30 $27.27B $1.66B 16.43
2008-03-31 $26.28B $2.49B 10.56
2007-12-31 $25.91B $2.66B 9.75
2007-09-30 $28.77B $0.83B 34.75
2007-06-30 $29.80B $0.61B 48.85
2007-03-31 $29.66B $0.23B 131.23
2006-12-31 $29.75B $-0.61B -49.09
2006-09-30 $30.64B $-0.51B -59.62
2006-06-30 $31.26B $-0.51B -61.54
2006-03-31 $31.19B $-1.27B -24.52
2005-12-31 $30.93B $-1.43B -21.63
2005-09-30 $30.17B $-0.73B -41.38
2005-06-30 $30.11B $-0.62B -48.96
2005-03-31 $29.86B $-0.70B -42.85
2004-12-31 $29.35B $-0.58B -50.52
2004-09-30 $29.58B $-0.31B -94.19
2004-06-30 $30.12B $-0.12B -246.91
2004-03-31 $30.09B $-0.14B -222.85
2003-12-31 $29.28B $0.05B 636.61
2003-09-30 $30.46B $-0.52B -58.47
2003-06-30 $29.72B $-0.50B -59.21
2003-03-31 $29.19B $-0.10B -286.16
2002-12-31 $29.31B $0.96B 30.63
2002-09-30 $28.99B $2.51B 11.55
2002-06-30 $28.49B $4.40B 6.48
2002-03-31 $28.09B $4.88B 5.76
2001-12-31 $27.47B $5.37B 5.11
2001-09-30 $25.61B $6.23B 4.11
2001-06-30 $22.26B $6.74B 3.30
2001-03-31 $19.30B $7.23B 2.67
2000-12-31 $19.04B $7.18B 2.65
2000-09-30 $0.00B 0.00
2000-06-30 $0.00B 0.00
2000-03-31 $0.00B 0.00
Sector Industry Market Cap Revenue
Transportation Transportation - Airlines $9.347B $54.633B
American Airlines Group Inc. is the largest airline internationally. This Delaware corporation's wholly-owned subsidiaries are American Airlines, Envoy Aviation Group , PSA Airlines and Piedmont Airlines. The company's primary business is to provide passenger and cargo services. American Airlines' hubs are at Charlotte, Chicago, Dallas/Fort Worth, London Heathrow, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, D.C. Its partners gateways are in London, Madrid, Seattle/Tacoma, Sydney and TokyoLondon, Madrid, Seattle/Tacoma, Sydney and Tokyo. On domestic routes, the company competes with the likes of Alaska Airlines, Allegiant Air, Delta Air Lines, Frontier Airlines, Hawaiian Airlines, JetBlue Airways, Southwest Airlines, Spirit Airlines and United Airlines. The caarier also provides international service to Canada, Mexico, the Caribbean, Central and South America, Asia, Europe, Australia and New Zealand.
Stock Name Country Market Cap PE Ratio
Delta Air Lines (DAL) United States $45.564B 11.99
Ryanair Holdings (RYAAY) Ireland $35.463B 13.07
United Airlines Holdings Inc (UAL) United States $34.345B 9.95
Southwest Airlines (LUV) United States $27.156B 53.04
International Consolidated Airlines Group SA (ICAGY) Spain $25.884B 3.35
LATAM Airlines Group S.A (LTM) Chile $19.454B 12.93
Air China (AIRYY) China $15.896B 911.00
Deutsche Lufthansa AG (DLAKY) Germany $12.676B 6.61
Cathay Pacific Airways (CPCAY) Hong Kong, SAR China $11.163B 0.00
ANA Holdings (ALNPY) Japan $9.870B 10.00
Japan Airlines (JAPSY) Japan $8.626B 10.08
Alaska Air (ALK) United States $6.410B 22.19
Copa Holdings, S.A (CPA) Panama $6.159B 9.30
Easyjet (EJTTF) United Kingdom $5.230B 0.00
Air Canada (ACDVF) Canada $4.477B 17.88
Flughafen Wien AG (VIAAY) Austria $4.274B 16.99
SkyWest (SKYW) United States $4.081B 9.83
Air France-KLM SA (AFLYY) France $3.455B 3.29
JetBlue Airways (JBLU) United States $2.197B 0.00
Allegiant Travel (ALGT) United States $1.821B 26.09
Frontiers (ULCC) United States $1.294B 0.00
Bristow Group (VTOL) United States $1.275B 9.22
Sun Country Airlines Holdings (SNCY) United States $1.023B 19.60
Republic Airways Holdings (RJET) United States $0.502B 0.00
Surf Air Mobility (SRFM) United States $0.121B 0.00
Harbor Diversified (HRBR) United States $0.085B 0.00
XCF Global Capital (SAFX) United States $0.025B 0.00
China Eastern Airlines (CEA) China $0.000B 0.00
Corporacion America Airports S.A (CAAP) Luxembourg $0.000B 25.67
Controladora Vuela Compania De Aviacion, S.A.B De C.V (VLRS) Mexico $0.000B 0.00
China Southern Airlines (ZNH) China $0.000B 0.00