American Airlines Group
- Home ›
- US ›
- Transportation
American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. The last earnings update was 20 days ago. More info.
Add to Portfolio Compare Print
AAL Share Price and Events
7 Day Returns
1 Year Returns
AAL Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| American Airlines Group (AAL) | -5.3% | -5.5% | -8.2% | -26.3% | 0% | -16.9% |
| US Airlines | -3.9% | -4% | -3.8% | 3.1% | 27.5% | 58.6% |
| US Market | -3.9% | -3.6% | 1.8% | 1.4% | 35.8% | 40.8% |
1 Year Return vs Industry and Market
- AAL underperformed the Airlines industry which returned 3.1% over the past year.
- AAL underperformed the Market in United States of America which returned 1.4% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
American Airlines Group
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for American Airlines Group.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 18 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 14.7% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Airlines Unlevered Beta | Simply Wall St/ S&P Global | 0.88 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.882 (1 + (1- 21%) (233.78%)) |
2.012 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
2 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (2 * 5.96%) |
14.65% |
Discounted Cash Flow Calculation for NasdaqGS:AAL using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for American Airlines Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 14.65%) |
|
|---|---|---|---|
| 2019 | 2,036.55 | Analyst x2 | 1,776.32 |
| 2020 | 2,546.90 | Analyst x5 | 1,937.60 |
| 2021 | 3,410.00 | Analyst x2 | 2,262.73 |
| 2022 | 3,775.00 | Analyst x1 | 2,184.85 |
| 2023 | 4,074.57 | Est @ 7.94% | 2,056.89 |
| 2024 | 4,334.29 | Est @ 6.37% | 1,908.42 |
| 2025 | 4,563.18 | Est @ 5.28% | 1,752.46 |
| 2026 | 4,769.23 | Est @ 4.52% | 1,597.55 |
| 2027 | 4,959.04 | Est @ 3.98% | 1,448.88 |
| 2028 | 5,137.81 | Est @ 3.6% | 1,309.29 |
| Present value of next 10 years cash flows | $18,234.99 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $5,137.81 × (1 + 2.73%) ÷ (14.65% – 2.73%) |
$44,279.13 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $44,279.13 ÷ (1 + 14.65%)10 |
$11,283.88 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $18,234.99 + $11,283.88 |
$29,518.87 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $29,518.87 / 444.84 |
$66.36 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $66.36 |
| Current discount | Discount to share price of
$32.16
= -1 x ($32.16 - $66.36) / $66.36 |
51.5% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- American Airlines Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
- American Airlines Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for American Airlines Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
American Airlines Group's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in USD | $3.13 |
| NasdaqGS:AAL Share Price ** | NasdaqGS (2019-05-15) in USD | $32.16 |
| United States of America Airlines Industry PE Ratio | Median Figure of 12 Publicly-Listed Airlines Companies | 10.92x |
| United States of America Market PE Ratio | Median Figure of 3,087 Publicly-Listed Companies | 17.79x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of American Airlines Group.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqGS:AAL Share Price ÷ EPS (both in USD) = 32.16 ÷ 3.13 |
10.27x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- American Airlines Group is good value based on earnings compared to the US Airlines industry average.
- American Airlines Group is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
American Airlines Group's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 10.27x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 18 Analysts |
10.9%per year |
| United States of America Airlines Industry PEG Ratio | Median Figure of 11 Publicly-Listed Airlines Companies | 1.24x |
| United States of America Market PEG Ratio | Median Figure of 2,113 Publicly-Listed Companies | 1.52x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 10.27x ÷ 10.9% |
0.95x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- American Airlines Group is good value based on expected growth next year.
Price based on value of assets
What value do investors place on
American Airlines Group's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in USD | $-1.43 |
| NasdaqGS:AAL Share Price * | NasdaqGS (2019-05-15) in USD | $32.16 |
| United States of America Airlines Industry PB Ratio | Median Figure of 12 Publicly-Listed Airlines Companies | 1.82x |
| United States of America Market PB Ratio | Median Figure of 5,195 Publicly-Listed Companies | 1.83x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqGS:AAL Share Price ÷ Book Value per Share (both in USD) = 32.16 ÷ -1.43 |
-22.46x |
* Primary Listing of American Airlines Group.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- American Airlines Group has negative assets, we can't compare the value of its assets to the US Airlines industry average.
Value checks
We assess American Airlines Group's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Airlines industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Airlines industry average (and greater than 0)? (1 check) American Airlines Group has a total score of 5/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- American Airlines Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- American Airlines Group's earnings growth is positive but not above the United States of America market average.
- American Airlines Group's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NasdaqGS:AAL Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 18 Analysts | 10.9% |
| NasdaqGS:AAL Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 18 Analysts | 3.7% |
| United States of America Airlines Industry Earnings Growth Rate | Market Cap Weighted Average | 9.8% |
| United States of America Airlines Industry Revenue Growth Rate | Market Cap Weighted Average | 5.4% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.3% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 18 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2022-12-31 | 50,640 | 5,722 | 2,752 | 1 |
| 2021-12-31 | 49,811 | 5,651 | 2,557 | 6 |
| 2020-12-31 | 48,621 | 5,094 | 2,483 | 18 |
| 2019-12-31 | 46,354 | 4,697 | 2,202 | 18 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 44,724 | 3,384 | 1,438 |
| 2018-12-31 | 44,541 | 3,533 | 1,412 |
| 2018-09-30 | 44,214 | 3,242 | 483 |
| 2018-06-30 | 43,619 | 3,690 | 803 |
| 2018-03-31 | 43,203 | 4,294 | 1,101 |
| 2017-12-31 | 42,622 | 4,744 | 1,282 |
| 2017-09-30 | 41,800 | 4,934 | 2,154 |
| 2017-06-30 | 41,429 | 5,629 | 2,230 |
| 2017-03-31 | 40,565 | 6,154 | 2,316 |
| 2016-12-31 | 40,142 | 6,524 | 2,584 |
| 2016-09-30 | 40,021 | 6,125 | 5,668 |
| 2016-06-30 | 40,134 | 6,241 | 6,624 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 18 Analyst Estimates (S&P Global) | See Below |
All data from American Airlines Group Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2022-12-31 | 13.37 | 13.37 | 13.37 | 1.00 |
| 2021-12-31 | 6.78 | 9.20 | 5.40 | 3.00 |
| 2020-12-31 | 5.80 | 7.05 | 4.84 | 9.00 |
| 2019-12-31 | 4.86 | 5.28 | 4.35 | 8.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-03-31 | 3.13 |
| 2018-12-31 | 3.04 |
| 2018-09-30 | 1.03 |
| 2018-06-30 | 1.69 |
| 2018-03-31 | 2.29 |
| 2017-12-31 | 2.62 |
| 2017-09-30 | 4.32 |
| 2017-06-30 | 4.38 |
| 2017-03-31 | 4.40 |
| 2016-12-31 | 4.68 |
| 2016-09-30 | 9.77 |
| 2016-06-30 | 10.78 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- American Airlines Group is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
Future performance checks
We assess American Airlines Group's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
American Airlines Group has a total score of 2/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has American Airlines Group performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- American Airlines Group's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
- American Airlines Group's 1-year earnings growth exceeds its 5-year average (30.6% vs -7.6%)
- American Airlines Group's earnings growth has exceeded the US Airlines industry average in the past year (30.6% vs -26%).
Earnings and Revenue History
All data from American Airlines Group Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 44,724.00 | 1,438.00 | 1,534.00 | |
| 2018-12-31 | 44,541.00 | 1,412.00 | 1,520.00 | |
| 2018-09-30 | 44,214.00 | 483.00 | 1,519.00 | |
| 2018-06-30 | 43,619.00 | 803.00 | 1,524.00 | |
| 2018-03-31 | 43,203.00 | 1,101.00 | 1,515.00 | |
| 2017-12-31 | 42,622.00 | 1,282.00 | 1,477.00 | |
| 2017-09-30 | 41,800.00 | 2,154.00 | 1,427.00 | |
| 2017-06-30 | 41,429.00 | 2,230.00 | 1,375.00 | |
| 2017-03-31 | 40,565.00 | 2,316.00 | 1,333.00 | |
| 2016-12-31 | 40,142.00 | 2,584.00 | 1,323.00 | |
| 2016-09-30 | 40,021.00 | 5,668.00 | 1,333.00 | |
| 2016-06-30 | 40,134.00 | 6,624.00 | 1,350.00 | |
| 2016-03-31 | 40,598.00 | 7,378.00 | 1,366.00 | |
| 2015-12-31 | 40,990.00 | 7,610.00 | 1,394.00 | |
| 2015-09-30 | 41,520.00 | 4,926.00 | 1,399.00 | |
| 2015-06-30 | 41,953.00 | 4,175.00 | 1,426.00 | |
| 2015-03-31 | 42,482.00 | 3,334.00 | 1,479.00 | |
| 2014-12-31 | 42,650.00 | 2,882.00 | 1,544.00 | |
| 2014-09-30 | 39,827.00 | 284.00 | 1,497.00 | |
| 2014-06-30 | 35,516.00 | -369.00 | 1,399.00 | |
| 2014-03-31 | 30,609.00 | -1,013.00 | 1,269.00 | |
| 2013-12-31 | 26,712.00 | -1,834.00 | 1,158.00 | |
| 2013-09-30 | 25,312.00 | 430.00 | 1,109.00 | |
| 2013-06-30 | 24,912.00 | -98.00 | 1,092.00 | |
| 2013-03-31 | 24,916.00 | -557.00 | 1,082.00 | |
| 2012-12-31 | 24,855.00 | -1,876.00 | 1,058.00 | |
| 2012-09-30 | 24,874.00 | -3,234.00 | 1,059.00 | |
| 2012-06-30 | 24,822.00 | -3,157.00 | 1,067.00 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if American Airlines Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
- American Airlines Group used its assets less efficiently than the US Airlines industry average last year based on Return on Assets.
- American Airlines Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess American Airlines Group's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Airlines industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
American Airlines Group has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is American Airlines Group's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up American Airlines Group's finances.
The net worth of a company is the difference between its assets and liabilities.
- American Airlines Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- American Airlines Group's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- American Airlines Group has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from American Airlines Group Company Filings, last reported 1 month ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | -636.00 | 33,444.00 | 4,349.00 |
| 2018-12-31 | -169.00 | 34,029.00 | 4,760.00 |
| 2018-09-30 | -568.00 | 24,767.00 | 4,855.00 |
| 2018-06-30 | -869.00 | 24,076.00 | 4,674.00 |
| 2018-03-31 | -1,018.00 | 24,739.00 | 5,291.00 |
| 2017-12-31 | -780.00 | 25,065.00 | 5,066.00 |
| 2017-09-30 | 3,948.00 | 24,684.00 | 5,768.00 |
| 2017-06-30 | 3,715.00 | 24,859.00 | 6,886.00 |
| 2017-03-31 | 3,457.00 | 24,543.00 | 6,676.00 |
| 2016-12-31 | 3,785.00 | 24,344.00 | 6,359.00 |
| 2016-09-30 | 4,391.00 | 23,343.00 | 6,755.00 |
| 2016-06-30 | 4,312.00 | 22,846.00 | 7,118.00 |
| 2016-03-31 | 4,710.00 | 21,744.00 | 6,930.00 |
| 2015-12-31 | 5,635.00 | 20,561.00 | 6,254.00 |
| 2015-09-30 | 3,762.00 | 20,561.00 | 8,873.00 |
| 2015-06-30 | 3,636.00 | 18,794.00 | 8,919.00 |
| 2015-03-31 | 2,764.00 | 18,922.00 | 9,173.00 |
| 2014-12-31 | 2,021.00 | 17,720.00 | 7,303.00 |
| 2014-09-30 | 4,971.00 | 17,090.00 | 7,899.00 |
| 2014-06-30 | 4,086.00 | 16,728.00 | 9,459.00 |
| 2014-03-31 | 1,095.00 | 17,274.00 | 9,664.00 |
| 2013-12-31 | -2,731.00 | 20,632.00 | 9,251.00 |
| 2013-09-30 | -7,922.00 | 11,697.00 | 6,763.00 |
| 2013-06-30 | -8,216.00 | 10,856.00 | 6,210.00 |
| 2013-03-31 | -8,376.00 | 9,505.00 | 4,244.00 |
| 2012-12-31 | -7,987.00 | 9,733.00 | 3,892.00 |
| 2012-09-30 | -7,375.00 | 10,300.00 | 4,226.00 |
| 2012-06-30 | -8,968.00 | 10,679.00 | 4,980.00 |
- American Airlines Group has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
- Irrelevant to check if American Airlines Group's debt level has increased considering it has negative shareholder equity.
- Debt is not well covered by operating cash flow (10.1%, less than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 3.9x coverage).
Financial health checks
We assess American Airlines Group's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) American Airlines Group has a total score of 1/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is American Airlines Group's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
American Airlines Group
shares you are expected to receive
$25
in your first year as a dividend.
Dividend Amount
- American Airlines Group's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
- American Airlines Group's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 18 Analyst Estimates (S&P Global) | See Below |
| United States of America Airlines Industry Average Dividend Yield | Market Cap Weighted Average of 8 Stocks | 2% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 1997 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2022-12-31 | 0.41 | 1.00 |
| 2021-12-31 | 0.40 | 6.00 |
| 2020-12-31 | 0.43 | 10.00 |
| 2019-12-31 | 0.41 | 10.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-04-26 | 0.400 | 1.191 |
| 2018-10-25 | 0.400 | 1.176 |
| 2018-04-26 | 0.400 | 1.019 |
| 2017-10-26 | 0.400 | 0.787 |
| 2017-07-28 | 0.400 | 0.833 |
| 2017-04-27 | 0.400 | 0.822 |
| 2017-02-22 | 0.400 | 0.918 |
| 2017-01-27 | 0.400 | 0.873 |
| 2016-10-20 | 0.400 | 0.883 |
| 2016-07-22 | 0.400 | 1.096 |
| 2016-02-03 | 0.400 | 1.132 |
| 2015-10-23 | 0.400 | 0.946 |
| 2015-07-24 | 0.400 | 0.966 |
| 2015-04-24 | 0.400 | 0.927 |
| 2015-02-25 | 0.400 | 0.800 |
| 2015-01-27 | 0.400 | 0.811 |
| 2014-07-24 | 0.400 | 0.962 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Whilst dividend payments have been stable, American Airlines Group has been paying a dividend for less than 10 years.
- American Airlines Group has only been paying a dividend for 5 years, and since then there has been no growth.
Income/ dividend checks
We assess American Airlines Group's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can American Airlines Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) American Airlines Group has a total score of 2/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $11,999,517 |
| AGE | 56 |
| TENURE AS CEO | 5.4 years |
CEO Bio
Mr. William Douglas Parker, also known as Doug, has been the Chief Executive Officer and Chairman of American Airlines, Inc. (US) since 2013. Mr. Parker has been Chief Executive Officer of American Airlines Group Inc. since December 9, 2013 and has been its Chairman since June 03, 2014. He served as the Chief Executive Officer of US Airways Inc., a subsidiary of US Airways Group, Inc. from September 2005 to December 9, 2013. Mr. Parker served as the Chief Executive Officer of US Airways Group Inc. Mr. Parker served as the Chairman, Chief Executive Officer and President of US Airways, LLC, a subsidiary of US Airways Group from September 2001 to September 2007. Mr. Parker served as the Chairman, Chief Executive Officer and President at America West Holdings, a subsidiary of US Airways Group from September 2001 to September 2007. Mr. Parker joined America West Holdings Corp. as the Senior Vice President and Chief Financial Officer in June 1995. Mr. Parker served as the President at US Airways Inc., a subsidiary of US Airways Group Inc. from September 27, 2005 to October 1, 2006 and its Chief Executive Officer from September 2005 to December 2013. He served as an Executive Vice President of America West Holdings Corp. and Executive Vice President of Corporate Group of America West Airlines Inc. (AWA) in April 1999, overseeing the finance, planning and revenue management, sales and marketing, information systems and corporate affairs divisions. His responsibilities were expanded in 1997 to include schedule planning and revenue management. Prior to joining America West, Mr. Parker spent four years with Northwest Airlines as vice president and assistant treasurer and vice president of financial planning and analysis. He served as the President of US Airways Group Inc., from September 2001 to October 1, 2006. He served as the Chief Operating Officer of AWA (AWA is a subsidiary of US Airways Group Inc.) since December 2000. Mr. Parker served as the Chairman of US Airways Group, Inc. and its subsdiary since September 2005. He served as a Unit Chairman of US Airways Group Inc. He served as Chairman at US Airways Inc. since September 2005. He served as a Director of US Airways Group, Inc. since 1999. He has been a Director of American Airlines Group Inc. (US) since December 2013. He serves as a Director of American Airlines, Inc. He served as a Director of Arizona Public Service Co. until February 3, 2012. He served as a Director of Pinnacle West Capital Corporation from November 1, 2007 to February 3, 2012. He served as a Director of Clear Channel Outdoor Holdings Inc. from November 11, 2005 to July 16, 2008. He served as a Director of AWA. Mr. Parker received a Bachelor of Arts degree in Economics from Albion College in 1984 and an MBA from Vanderbilt University in 1986.
CEO Compensation
- Doug's compensation has been consistent with company performance over the past year.
- Doug's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the American Airlines Group management team in years:
- The average tenure for the American Airlines Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Doug Parker
Chairman & CEO
$12M
56
5.4 yrs
Robert Isom
President
$7M
54
2.8 yrs
Derek Kerr
Executive VP & CFO
$4M
53
5.4 yrs
Maya Leibman
Executive VP & Chief Information Officer
$4M
51
7.3 yrs
Steve Johnson
Executive Vice President of Corporate Affairs
$4M
61
5.4 yrs
Daniel Cravens
Managing Director of Investor Relations
Bruce Wark
VP & Deputy General Counsel
4.6 yrs
Elise Eberwein
Executive Vice President of People & Communications
52
5.4 yrs
Kurt Stache
Senior Vice President of Marketing
51
2.8 yrs
Alison Taylor
Senior Vice President of Global Sales
2.7 yrs
Board of Directors Tenure
Average tenure and age of the American Airlines Group board of directors in years:
- The tenure for the American Airlines Group board of directors is about average.
Board of Directors
Doug Parker
Chairman & CEO
$12M
56
4.9 yrs
Ray Robinson
Independent Director
$306K
70
5.4 yrs
Mike Embler
Independent Director
$302K
54
5.4 yrs
Matt Hart
Independent Director
$317K
66
5.4 yrs
Denise O’Leary
Independent Director
$312K
60
5.4 yrs
John Cahill
Lead Independent Director
$348K
61
5.4 yrs
Alberto Ibargüen
Independent Director
$298K
74
5.4 yrs
Jim Albaugh
Independent Director
$292K
68
5.4 yrs
Jeff Benjamin
Independent Director
$320K
57
5.4 yrs
Rich Kraemer
Independent Director
$323K
74
5.4 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 20. Nov 18 | Buy | Jeffrey Benjamin | Individual | 19. Nov 18 | 19. Nov 18 | 15,000 | $35.69 | $535,301 | ||
| 30. Oct 18 | Buy | John Cahill | Individual | 29. Oct 18 | 29. Oct 18 | 25,000 | $33.47 | $836,763 | ||
Management checks
We assess American Airlines Group's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) American Airlines Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Do You Know What American Airlines Group Inc.'s (NASDAQ:AAL) P/E Ratio Means?
Check out our latest analysis for American Airlines Group How Do I Calculate American Airlines Group's Price To Earnings Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for American Airlines Group: P/E of 10.78 = $33.75 ÷ $3.13 (Based on the trailing twelve months to March 2019.) Is A High Price-to-Earnings Ratio Good? … The Bottom Line On American Airlines Group's P/E Ratio American Airlines Group trades on a P/E ratio of 10.8, which is below the US market average of 18.1.
Simply Wall St - – Full articleDid You Manage To Avoid American Airlines Group's (NASDAQ:AAL) 29% Share Price Drop?
One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Even though the American Airlines Group share price is down over the year, its EPS actually improved. … Since we can't easily explain the share price movement based on these metrics, it might be worth considering how market sentiment has changed towards the stock.
Simply Wall St - – Full articleHow Many American Airlines Group Inc. (NASDAQ:AAL) Shares Do Institutions Own?
Every investor in American Airlines Group Inc. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … American Airlines Group has a market capitalization of US$15b, so it's too big to fly under the radar.
Simply Wall St - – Full articleDoes American Airlines Group Inc. (NASDAQ:AAL) Have A Place In Your Dividend Stock Portfolio?
Historically, American Airlines Group Inc. … Let's dig deeper into whether American Airlines Group should have a place in your portfolio. … Check out our latest analysis for American Airlines Group
Simply Wall St - – Full articleWhat Are Analysts Saying About The Future Of American Airlines Group Inc.'s (NASDAQ:AAL)?
Based on American Airlines Group Inc.'s (NASDAQ:AAL) earnings update on 31 December 2018, … as a 96% rise in profits is expected in the upcoming year,
Simply Wall St - – Full articleIs There Now An Opportunity In American Airlines Group Inc. (NASDAQ:AAL)?
Today we're going to take a look at the well-established American Airlines Group Inc. … With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price? … Let’s take a look at American Airlines Group’s outlook and value based on the most recent financial data to see if the opportunity still exists.
Simply Wall St - – Full articleHere's How P/E Ratios Can Help Us Understand American Airlines Group Inc. (NASDAQ:AAL)
We'll show how you can use American Airlines Group Inc.'s (NASDAQ:AAL) P/E ratio to inform your assessment of the investment opportunity. … American Airlines Group has a P/E ratio of 11.66, based on the last twelve months. … How Do You Calculate American Airlines Group's P/E Ratio
Simply Wall St - – Full articleWill American Airlines Group Inc.'s (NASDAQ:AAL) Earnings Grow In The Next Couple Of Years?
American Airlines Group Inc.'s (NASDAQ:AAL) announced its latest earnings update in December 2018, whicha
Simply Wall St - – Full articleWhy We’re Not Impressed By American Airlines Group Inc.’s (NASDAQ:AAL) 9.8% ROCE
To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.
Simply Wall St - – Full articleDoes American Airlines Group Inc. (NASDAQ:AAL) Have A Place In Your Dividend Stock Portfolio?
A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. … Let's dig deeper into whether American Airlines Group should have a place in your portfolio. … See our latest analysis for American Airlines Group
Simply Wall St - – Full articleCompany Info
Description
American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. It provides scheduled air transportation services for passengers and cargo. As of December 31, 2018, the company operated a mainline fleet of 956 aircraft. It serves 350 destinations in approximately 50 countries, principally from its hubs in Charlotte, Chicago, Dallas/Fort Worth, London Heathrow, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc. in December 2013. American Airlines Group Inc. was founded in 1934 and is headquartered in Fort Worth, Texas.
Details
| Name: | American Airlines Group Inc. |
| AAL | |
| Exchange: | NasdaqGS |
| Founded: | 1934 |
| $14,305,897,298 | |
| 444,835,115 | |
| Website: | http://www.aa.com |
| Address: |
American Airlines Group Inc. 4333 Amon Carter Boulevard, Fort Worth, Texas, 76155, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NasdaqGS | AAL | Common Stock | Nasdaq Global Select | US | USD | 09. Dec 2013 | |
| DB | A1G | Common Stock | Deutsche Boerse AG | DE | EUR | 09. Dec 2013 | |
| LSE | 0HE6 | Common Stock | London Stock Exchange | GB | USD | 09. Dec 2013 | |
| SWX | A1G | Common Stock | SIX Swiss Exchange | CH | CHF | 09. Dec 2013 | |
| WBAG | AAL | Common Stock | Wiener Boerse AG | AT | EUR | 09. Dec 2013 | |
| BMV | AAL * | Common Stock | Bolsa Mexicana de Valores | MX | MXN | 09. Dec 2013 |
Number of employees
Current staff
Industry
| Airlines | |
| Transportation |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/16 02:36 |
| End of day share price update: | 2019/05/15 00:00 |
| Last estimates confirmation: | 2019/05/14 |
| Last earnings filing: | 2019/04/26 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
