American Airlines (AAL) Free Cash Flow (2009 - 2026)
American Airlines (AAL) reported Free Cash Flow of -$1.25 billion for Q3 2026, compared with -$872 million a year earlier.
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Analysis
American Airlines (AAL) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, American Airlines' Free Cash Flow came in at -$91 million; for FY2025, it came in at -$680 million.
- By year, Free Cash Flow came in at $1.3 billion in FY2024 (+7.7%), $1.21 billion in FY2023, -$373 million in FY2022 and $496 million in FY2021.
- Five-year quarterly Free Cash Flow spans a low of -$2.19 billion in Q4 2023 and a high of $3.41 billion in Q1 2026.
- The high point for year-over-year Free Cash Flow in five years was Q1 2023 (growth of 648.1%); the low point was Q2 2022 (a decline of 67.7%).
- Per Business Quant data, the three quarters before Q3 2026 came in at -$351 million (Q2 2026), $3.41 billion (Q1 2026) and -$1.9 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 1.76 Bn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 2.41 Bn |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 1.02 Bn |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 669.34 Mn |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 1.79 Bn |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 736.00 Mn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 300.00 Mn |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | -1.67 Bn |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 402.43 Mn |
| 10 | American Airlines | 8.74 Bn | -16.44 Bn | - | -1.25 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -1.25 Bn |
| Jun 30, 2026 | -351.00 Mn |
| Mar 31, 2026 | 3.41 Bn |
| Dec 31, 2025 | -1.90 Bn |
| Sep 30, 2025 | -872.00 Mn |
| Jun 30, 2025 | 464.00 Mn |
| Mar 31, 2025 | 1.63 Bn |
| Dec 31, 2024 | -342.00 Mn |
| Sep 30, 2024 | -191.00 Mn |
| Jun 30, 2024 | 477.00 Mn |
| Mar 31, 2024 | 1.36 Bn |
| Dec 31, 2023 | -2.19 Bn |
| Sep 30, 2023 | -451.00 Mn |
| Jun 30, 2023 | 1.02 Bn |
| Mar 31, 2023 | 2.83 Bn |
| Dec 31, 2022 | -844.00 Mn |
| Sep 30, 2022 | -1.05 Bn |
| Jun 30, 2022 | 1.14 Bn |
| Mar 31, 2022 | 378.00 Mn |
| Dec 31, 2021 | -1.27 Bn |
API Access
American Airlines Free Cash Flow 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=free-cash-flow&ticker=AAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=AAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();