American Airlines (AAL) Free Cash Flow (2009 - 2026)
American Airlines (AAL) reported Free Cash Flow of -$351 million for Q2 2026, compared with $464 million a year earlier.
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Analysis
American Airlines (AAL) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, American Airlines' Free Cash Flow came in at $285 million, down 81.8% year-over-year; 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 68.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $3.41 billion (Q1 2026), -$1.9 billion (Q4 2025) and -$872 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | 2.20 Bn |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | 751.00 Mn |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | 699.79 Mn |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | 615.00 Mn |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | 166.00 Mn |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | 1.79 Bn |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | 2.38 Bn |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | 195.66 Mn |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | 267.00 Mn |
| 10 | American Airlines | 8.57 Bn | -15.47 Bn | - | -351.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | -1.30 Bn |
| Sep 30, 2021 | -1.97 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();