American Airlines (AAL) Cash from Operations (2009 - 2026)
American Airlines (AAL) recorded Cash from Operations of $471 million in Q2 2026, down 51.1% from $963 million a year earlier and down 88.8% from the prior quarter.
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Analysis
American Airlines (AAL) Cash from Operations (2009 - 2026) Analysis & Trends
On a TTM basis, American Airlines' Cash from Operations came in at $4.37 billion as of Jun 30, 2026, up 6.8% year-over-year; for FY2025, it came in at $3.1 billion, down 22.2% from FY2024.
- Across earlier years, Cash from Operations came in at $3.98 billion in FY2024 (+4.7%), $3.8 billion in FY2023 (+75.0%), $2.17 billion in FY2022 (+208.7%) and $704 million in FY2021.
- Quarterly Cash from Operations has ranged from -$1.74 billion in Q3 2021 to $4.22 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Cash from Operations rose in three of the last five quarters, with growth averaging 79.3%.
- Peak year-over-year performance for Cash from Operations in the last five years was growth of 581.0% in Q1 2022, against a decline of 51.1% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.22 billion (Q1 2026), -$274 million (Q4 2025) and -$46 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | 3.08 Bn |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | 1.33 Bn |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | 1.25 Bn |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | 1.05 Bn |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | 859.00 Mn |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | 3.27 Bn |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | 1.60 Bn |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | 272.70 Mn |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | 1.61 Bn |
| 10 | American Airlines | 8.57 Bn | -15.47 Bn | - | 471.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 471.00 Mn |
| Mar 31, 2026 | 4.22 Bn |
| Dec 31, 2025 | -274.00 Mn |
| Sep 30, 2025 | -46.00 Mn |
| Jun 30, 2025 | 963.00 Mn |
| Mar 31, 2025 | 2.46 Bn |
| Dec 31, 2024 | 398.00 Mn |
| Sep 30, 2024 | 277.00 Mn |
| Jun 30, 2024 | 1.13 Bn |
| Mar 31, 2024 | 2.18 Bn |
| Dec 31, 2023 | -1.35 Bn |
| Sep 30, 2023 | 58.00 Mn |
| Jun 30, 2023 | 1.76 Bn |
| Mar 31, 2023 | 3.33 Bn |
| Dec 31, 2022 | -158.00 Mn |
| Sep 30, 2022 | -593.00 Mn |
| Jun 30, 2022 | 1.74 Bn |
| Mar 31, 2022 | 1.19 Bn |
| Dec 31, 2021 | -1.20 Bn |
| Sep 30, 2021 | -1.74 Bn |
API Access
American Airlines Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=AAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "AAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=AAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();