American Airlines (AAL) Operating Income (2009 - 2026)
American Airlines' Operating Income was $115 million in Q3 2026, down 23.8% from $151 million a year earlier and down 74.2% from the prior quarter.
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Analysis
American Airlines (AAL) Operating Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, American Airlines' Operating Income was $972 million through Sep 30, 2026, down 54.8% 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 six quarters, with an average decline of 3.4%.
- 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 Q3 2026 was $446 million (Q2 2026), -$41 million (Q1 2026) and $452 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 2.94 Bn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 1.74 Bn |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 1.57 Bn |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 1.06 Bn |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 1.55 Bn |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 1.15 Bn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 1.45 Bn |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 1.45 Bn |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 452.65 Mn |
| 10 | American Airlines | 8.74 Bn | -16.44 Bn | - | 115.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 115.00 Mn |
| 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 |
API Access
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_KEYimport 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();