American Airlines (AAL) Operating Income (2009 - 2026)
American Airlines' Operating Income was $446 million in Q2 2026, down 60.7% from $1.14 billion a year earlier.
American Airlines (AAL) Operating Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, American Airlines' Operating Income was $1.01 billion through Jun 30, 2026, down 51.7% year-over-year; for FY2025, it was $1.47 billion, down 43.9% from FY2024.
- In earlier years, Operating Income was $2.61 billion in FY2024 (-13.8%), $3.03 billion in FY2023 (+88.8%), $1.61 billion in FY2022 and -$1.06 billion in FY2021.
- Quarterly Operating Income has moved between -$1.72 billion (Q1 2022) and $2.16 billion (Q2 2023) over five years.
- Compared with a year earlier, Operating Income was higher in two of the last five quarters, with growth averaging 0.7%.
- The best year-over-year quarter for Operating Income over five years was Q2 2022 (growth of 130.6%); the worst was Q1 2024 (a decline of 98.4%).
- Per Business Quant data, AAL's Operating Income in the three quarters before Q2 2026 was -$41 million (Q1 2026), $452 million (Q4 2025) and $151 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | 2.76 Bn |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | 1.51 Bn |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | 1.06 Bn |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | 1.12 Bn |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | 930.00 Mn |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | 1.55 Bn |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | 1.86 Bn |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | 465.30 Mn |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | 1.10 Bn |
| 10 | American Airlines | 8.57 Bn | -15.47 Bn | - | 446.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 446.00 Mn |
| Mar 31, 2026 | -41.00 Mn |
| Dec 31, 2025 | 452.00 Mn |
| Sep 30, 2025 | 151.00 Mn |
| Jun 30, 2025 | 1.14 Bn |
| Mar 31, 2025 | -270.00 Mn |
| Dec 31, 2024 | 1.13 Bn |
| Sep 30, 2024 | 89.00 Mn |
| Jun 30, 2024 | 1.38 Bn |
| Mar 31, 2024 | 7.00 Mn |
| Dec 31, 2023 | 656.00 Mn |
| Sep 30, 2023 | -223.00 Mn |
| Jun 30, 2023 | 2.16 Bn |
| Mar 31, 2023 | 438.00 Mn |
| Dec 31, 2022 | 1.38 Bn |
| Sep 30, 2022 | 930.00 Mn |
| Jun 30, 2022 | 1.02 Bn |
| Mar 31, 2022 | -1.72 Bn |
| Dec 31, 2021 | -780.00 Mn |
| Sep 30, 2021 | 595.00 Mn |
American Airlines Operating Income 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=operating-income&ticker=AAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=AAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();