American Airlines (AAL) Shares Outstanding (Diluted) (2009 - 2026)
American Airlines (AAL) posted Shares Outstanding (Diluted) of 662.61 million for Q2 2026, up 0.3% from 660.37 million a year earlier and up 0.2% from the prior quarter.
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Analysis
American Airlines (AAL) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, American Airlines' Shares Outstanding (Diluted) came in at 661.05 million, down 8.4% from FY2024.
- Annual Shares Outstanding (Diluted) shows a five-year compound annual growth rate of 6.4% (FY2020 to FY2025).
- In prior years, American Airlines' Shares Outstanding (Diluted) was 721.3 million in FY2024 (+0.2%), 719.67 million in FY2023 (+9.9%), 655.12 million in FY2022 (+1.7%) and 644.02 million in FY2021 (+33.1%).
- The Q2 2026 figure stands as the highest quarterly Shares Outstanding (Diluted) since Q4 2024.
- On a year-over-year basis, Shares Outstanding (Diluted) increased in six of the last eight quarters, with an average decline of 1.8%.
- The strongest year-over-year quarter for Shares Outstanding (Diluted) in the past five years was Q3 2021, with growth of 41.7%; the weakest was Q3 2023, with a decline of 8.6%.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 661.18 million (Q1 2026), 661.05 million (Q4 2025) and 660.36 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 176.11 Bn | 168.36 Bn | - | 594.50 Mn |
| 2 | United Parcel Service | 94.53 Bn | 71.35 Bn | - | 852.00 Mn |
| 3 | Csx | 93.72 Bn | 88.94 Bn | - | 1.85 Bn |
| 4 | Canadian Pacific Kansas City | 83.01 Bn | 82.04 Bn | - | 887.10 Mn |
| 5 | Fedex | 75.20 Bn | 41.40 Bn | - | 239.00 Mn |
| 6 | Norfolk Southern | 73.60 Bn | 68.07 Bn | - | 225.20 Mn |
| 7 | Delta Air Lines | 56.18 Bn | 38.36 Bn | - | 659.00 Mn |
| 8 | United Airlines Holdings | 35.99 Bn | -21.71 Bn | - | 327.40 Mn |
| 9 | Old Dominion Freight Line | 35.33 Bn | 34.59 Bn | - | 208.72 Mn |
| 10 | American Airlines | 8.61 Bn | -16.57 Bn | - | 662.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 662.71 Mn |
| Jun 30, 2026 | 662.61 Mn |
| Mar 31, 2026 | 661.18 Mn |
| Dec 31, 2025 | 661.05 Mn |
| Sep 30, 2025 | 660.36 Mn |
| Jun 30, 2025 | 660.37 Mn |
| Mar 31, 2025 | 658.88 Mn |
| Dec 31, 2024 | 721.30 Mn |
| Sep 30, 2024 | 657.42 Mn |
| Jun 30, 2024 | 720.30 Mn |
| Mar 31, 2024 | 655.85 Mn |
| Dec 31, 2023 | 719.67 Mn |
| Sep 30, 2023 | 654.12 Mn |
| Jun 30, 2023 | 719.35 Mn |
| Mar 31, 2023 | 656.71 Mn |
| Dec 31, 2022 | 655.12 Mn |
| Sep 30, 2022 | 715.99 Mn |
| Jun 30, 2022 | 718.53 Mn |
| Mar 31, 2022 | 649.50 Mn |
| Dec 31, 2021 | 644.02 Mn |
API Access
American Airlines Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=AAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=AAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();