American Airlines (AAL) Total Debt (2009 - 2026)
American Airlines (AAL) reported Total Debt of $30.57 billion for Q3 2026, up 6.4% from $28.72 billion a year earlier and up 5.7% from the prior quarter.
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Analysis
American Airlines (AAL) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, American Airlines posted Total Debt of $29.92 billion, down 2.1% from FY2024.
- Total Debt has declined for four consecutive years, with a five-year compound annual growth rate of -1.7% (FY2020 to FY2025).
- By year, Total Debt came in at $30.55 billion in FY2024 (-7.1%), $32.9 billion in FY2023 (-7.7%), $35.66 billion in FY2022 (-6.3%) and $38.06 billion in FY2021 (+16.8%).
- The Q3 2026 figure ranks as the highest quarterly Total Debt since Q3 2024.
- Year over year, Total Debt gained in 1 of the last eight quarters, with an average decline of 4.3%.
- The high point for year-over-year Total Debt in five years was Q4 2021 (growth of 16.8%); the low point was Q3 2023 (a decline of 9.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $28.93 billion (Q2 2026), $28.08 billion (Q1 2026) and $29.92 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 30.32 Bn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 26.08 Bn |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 18.80 Bn |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 18.21 Bn |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 24.97 Bn |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 16.61 Bn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 13.95 Bn |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 26.40 Bn |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 20.00 Mn |
| 10 | American Airlines | 8.74 Bn | -16.44 Bn | - | 30.57 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 30.57 Bn |
| Jun 30, 2026 | 28.93 Bn |
| Mar 31, 2026 | 28.08 Bn |
| Dec 31, 2025 | 29.92 Bn |
| Sep 30, 2025 | 28.72 Bn |
| Jun 30, 2025 | 29.88 Bn |
| Mar 31, 2025 | 29.44 Bn |
| Dec 31, 2024 | 30.55 Bn |
| Sep 30, 2024 | 31.65 Bn |
| Jun 30, 2024 | 31.76 Bn |
| Mar 31, 2024 | 32.33 Bn |
| Dec 31, 2023 | 32.90 Bn |
| Sep 30, 2023 | 33.49 Bn |
| Jun 30, 2023 | 34.65 Bn |
| Mar 31, 2023 | 35.17 Bn |
| Dec 31, 2022 | 35.66 Bn |
| Sep 30, 2022 | 36.93 Bn |
| Jun 30, 2022 | 37.07 Bn |
| Mar 31, 2022 | 37.84 Bn |
| Dec 31, 2021 | 38.06 Bn |
API Access
American Airlines Total Debt 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=total-debt&ticker=AAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=AAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();