American Airlines (AAL) Payables (2009 - 2026)
American Airlines (AAL) recorded Payables of $3.64 billion in Q2 2026, up 16.2% from $3.13 billion a year earlier but down 8.4% from the prior quarter.
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Analysis
American Airlines (AAL) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, American Airlines reported Payables of $3.75 billion, up 48.4% from FY2024.
- Annual Payables has increased for five straight years, with a five-year compound annual growth rate of 25.7% (FY2020 to FY2025).
- Across earlier years, Payables came in at $2.53 billion in FY2024 (+7.5%), $2.35 billion in FY2023 (+9.5%), $2.15 billion in FY2022 (+21.3%) and $1.77 billion in FY2021 (+48.2%).
- Quarterly Payables has ranged from $1.77 billion in Q4 2021 to $3.97 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Payables has increased for 12 consecutive quarters, with growth averaging 17.7% over the last eight quarters.
- Peak year-over-year performance for Payables in the last five years was growth of 70.4% in Q3 2021, against a decline of 12.0% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.97 billion (Q1 2026), $3.75 billion (Q4 2025) and $2.83 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 178.24 Bn | 170.49 Bn | - | 4.32 Bn |
| 2 | Csx | 96.35 Bn | 91.58 Bn | - | 1.14 Bn |
| 3 | Canadian Pacific Kansas City | 80.12 Bn | 79.83 Bn | - | 2.05 Bn |
| 4 | United Parcel Service | 79.53 Bn | 56.45 Bn | - | 5.98 Bn |
| 5 | Norfolk Southern | 76.33 Bn | 70.79 Bn | - | 2.06 Bn |
| 6 | Fedex | 72.68 Bn | 38.63 Bn | - | 5.07 Bn |
| 7 | Delta Air Lines | 53.59 Bn | 35.78 Bn | - | 7.70 Bn |
| 8 | Old Dominion Freight Line | 38.80 Bn | 38.06 Bn | - | 80.99 Mn |
| 9 | United Airlines Holdings | 34.02 Bn | -23.68 Bn | - | 5.40 Bn |
| 10 | American Airlines | 8.35 Bn | -15.69 Bn | - | 3.64 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.64 Bn |
| Mar 31, 2026 | 3.97 Bn |
| Dec 31, 2025 | 3.75 Bn |
| Sep 30, 2025 | 2.83 Bn |
| Jun 30, 2025 | 3.13 Bn |
| Mar 31, 2025 | 3.11 Bn |
| Dec 31, 2024 | 2.53 Bn |
| Sep 30, 2024 | 2.62 Bn |
| Jun 30, 2024 | 3.02 Bn |
| Mar 31, 2024 | 2.93 Bn |
| Dec 31, 2023 | 2.35 Bn |
| Sep 30, 2023 | 2.12 Bn |
| Jun 30, 2023 | 2.41 Bn |
| Mar 31, 2023 | 2.46 Bn |
| Dec 31, 2022 | 2.15 Bn |
| Sep 30, 2022 | 2.12 Bn |
| Jun 30, 2022 | 2.73 Bn |
| Mar 31, 2022 | 2.55 Bn |
| Dec 31, 2021 | 1.77 Bn |
| Sep 30, 2021 | 1.84 Bn |
API Access
American Airlines Payables 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=payables&ticker=AAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=AAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();