American Airlines (AAL) Cash from Operations (2009 - 2026)
American Airlines (AAL) recorded Cash from Operations of -$153 million in Q3 2026, compared with -$46 million a year earlier.
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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 $4.27 billion as of Sep 30, 2026, up 13.2% 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 -$1.35 billion in Q4 2023 to $4.22 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Cash from Operations rose in two of the last four quarters, with growth averaging 4.7%.
- 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 $471 million (Q2 2026), $4.22 billion (Q1 2026) and -$274 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 2.79 Bn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 2.90 Bn |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 1.62 Bn |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 1.11 Bn |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 3.27 Bn |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 1.32 Bn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 1.71 Bn |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 465.00 Mn |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 469.47 Mn |
| 10 | American Airlines | 8.74 Bn | -16.44 Bn | - | -153.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -153.00 Mn |
| 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 |
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();