AAL American Airlines Group, Inc. - Common Stock
NASDAQ · Airlines · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Jul 23, 2026
$12.94
· of 52w range
· above low
· to high
$10.0952w low
$18.7952w high
Market Cap (MRQ)
$8.57B
P/E (TTM)
-26.4
EPS (TTM)
$-0.49
Revenue (TTM)
$58.34B
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52W Range
$10–$19
Analyst Rating
HOLD
Price Target
$17
P/E
-26.4
ROE
8.3%
Net Profit Margin
-0.56%
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AAL Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$12.94
Market Cap (MRQ)
$8.57B
P/E (TTM)
-26.4
EPS (TTM)
$-0.49
Revenue (TTM)
$58.34B
Div Yield
2.2%
ROE (TTM)
8.3%
Debt/Equity (MRQ)
-0.8
52W Range
$10–$19
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About American Airlines Group, Inc. - Common Stock Company overview from Wikipedia
American Airlines Group Inc. is an American publicly traded airline holding company headquartered in Fort Worth, Texas. It was formed on December 9, 2013, by the merger of AMR Corporation, the parent company of American Airlines, and US Airways Group, the parent company of US Airways. Integration was completed when the Federal Aviation Administration granted a single operating certificate for both carriers on April 8, 2015, and all flights now operate under the American Airlines brand.
The group operates the largest airline in the world, as measured by number of passengers carried and by scheduled passenger-kilometers flown. The company ranked No. 70 in the Fortune 500 list of the largest United States corporations based on its 2019 revenue.
History
Merger proposals and plans
In January 2012, US Airways Group, the parent company of US Airways, expressed interest in taking over AMR Corporation, the parent company of American Airlines. In March, AMR's CEO Thomas W. Horton said that the company was open to a merger. US Airways told some American Airlines creditors that merging the two carriers could yield more than $1.5 billion a year in added revenue and cost savings. On April 20, American Airlines' three unions said they supported a proposed merger between the two airlines. With AMR under Chapter 11 bankruptcy protection, American Airlines had been looking to merge with another airline. Earlier in July, a bankruptcy court filing stated that US Airways was an American Airlines creditor and "prospective merger partner"; on August 31, US Airways CEO Doug Parker announced that American Airlines and US Airways had signed a nondisclosure agreement, in which they would discuss the possibility of a merger.
In February 2013, American Airlines and US Airways announced plans to merge, creating the largest airline in the world by some measurements. In the deal, which was expected to close in the third quarter of 2013, stakeholders of AMR would own 72% of the company and US Airways shareholders would own the remaining 28%. Rothschild & Co served as the investment bank for the transaction. The combination was considered a "merger of equals" between the two airlines, but retaining the more well-established "American" name going forward, and accordingly the holding company was renamed American Airlines Group Inc. The headquarters for the new group was also consolidated at American's headquarters in Fort Worth, Texas, but the US Airways' management team, including CEO Doug Parker, retained most operational management positions.
A judge approved the merger on March 27, 2013, but denied a proposed $20 million severance package to AMR chief Thomas W. Horton. On July 12, US Airways shareholders approved the proposed merger. Horton later received a smaller 17 million dollar severance.
Attempts to block the merger
On August 13, 2013, the United States Department of Justice, along with attorneys general from the District of Columbia, Arizona (headquarters of US Airways), Florida, Pennsylvania, Tennessee, Texas (headquarters of American Airlines), and Virginia filed a lawsuit seeking to block the merger, arguing that it would mean less competition and higher prices. American Airlines and US Airways both said that they would oppose the lawsuit and defend their merger. In early October 2013, the Attorney General of Texas rescinded the anti-trust lawsuit.
The Department of Justice reached a settlement on November 12, 2013, requiring the merged airline to relinquish landing slots or gates in 7 major airports. Under the deal, the new American was required to sell 104 slots at Ronald Reagan Washington National Airport and 34 slots at LaGuardia Airport. It was also required to sell gates at O'Hare International Airport, Los Angeles International Airport, Logan International Airport, Dallas Love Field and Miami International Airport. Some of the slots were expected to be sold to low-cost carriers such as JetBlue and Southwest Airlines.
A private antitrust suit, filed by a group of 40 passengers and travel agents, also sought to block the merger. American's bankruptcy court judge refused to enjoin the two airlines from merging, saying that the group did not demonstrate that the merger would irreparably harm them. The plaintiffs' lawyer appealed and was turned down at the U.S. District Court level and was further rebuffed at the Supreme Court after Justice Ruth Bader Ginsburg denied a stay request filed by him.
Implementation of merger
Following the Department of Justice approval, the merged Group company traded on the NASDAQ stock exchange under the symbol AAL. In December 2013 a severance package valued at about $17 million was agreed for Tom Horton, the outgoing AMR CEO, who had led American Airlines through bankruptcy and the major merger.
US Airways exited Star Alliance upon completion of the merger, and American retained its membership in Oneworld.
On July 13, 2015, American announced that it planned to discontinue the US Airways brand name by October 17, 2015, and on October 16, 2015, US Airways flew its final flight, US Airways Flight 1939, from Philadelphia to Charlotte to Phoenix to San Francisco to Philadelphia.
In March 2021, American Airlines Group said that it will repay the US government debt by issuing a private offering of notes worth about $5 billion, half due in 2026 and half in 2029, and a $2.5 billion term loan credit facility.
Corporate affairs
Ownership and group structure
American Airlines Group, Inc. is publicly traded under the ticker symbol "AAL" on the Nasdaq Global Select Market, with a market capitalization of about $6.4 billion as of August 2024, and is included in the S&P MidCap 400 index. It was formerly a member of the S&P 500 index until September 23, 2024.
The group operates through its principal wholly owned mainline operating subsidiary, American Airlines.
It also has three subsidiaries, regional carriers Envoy Air Inc., Piedmont Airlines, Inc., and PSA Airlines Inc., that, together with two independent carriers, operate American Eagle under a codeshare and service agreement with American Airlines.
Group business trends
The key trends for American Airlines Group since December 9, 2013, the earliest date that American and US Airways were under common control, are shown below (as at year ending December 31):
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
sectorIndustrials
industryAirlines
employees143,400
countryUS
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$54.63B2016-12-31 → 2025-12-31
EPS$0.172016-12-31 → 2025-12-31
Free Cash Flow$-680M2016-12-31 → 2025-12-31
Net margin-0.56%2016-12-31 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | AAL | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | -26.45Y avg ≈35.3 | ≈35.3 | · | · | |
| P/S (TTM) | 0.15Y avg ≈0.2 | ≈0.2 | 0.7 | Undervalued | |
| P/B (MRQ) | -2.25Y avg ≈-2.1 | ≈-2.1 | · | · | |
| EV / EBITDA | 3.15Y avg ≈2.6 | ≈2.6 | 8.1 | Undervalued | |
| Price / FCF (TTM) | 30.15Y avg ≈0.5 | ≈0.5 | · | · | |
| Price / Cash Flow (TTM) | 2.05Y avg ≈5.8 | ≈5.8 | 4.5 | Undervalued | |
| EV / Revenue | 0.25Y avg ≈0.2 | ≈0.2 | · | · | |
| EV / FCF | -16.55Y avg ≈-4.6 | ≈-4.6 | · | · | |
| Price / Tangible Book (MRQ) | -1.4 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | AAL | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Operating Margin (TTM) | 1.7%5Y avg ≈2.6% | ≈2.6% | 2.5% | In line | |
| EBITDA Margin | 6.7%5Y avg ≈7.6% | ≈7.6% | 2.5% | In line | |
| Pretax Margin (TTM) | -0.63%5Y avg ≈-0.71% | ≈-0.71% | 0.05% | Top tier | |
| Net Profit Margin (TTM) | -0.56%5Y avg ≈-0.62% | ≈-0.62% | -0.05% | Top tier | |
| ROA (TTM) | -0.51%5Y avg ≈-0.02% | ≈-0.02% | 0.34% | Below avg | |
| ROE (TTM) | 8.3%5Y avg ≈-2.6% | ≈-2.6% | -0.22% | Below avg | |
| ROIC | -996.6%5Y avg ≈-198.7% | ≈-198.7% | 1.6% | Weak |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | AAL | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | -0.85Y avg ≈-0.8 | ≈-0.8 | 1.1 | Low debt | |
| Current Ratio (MRQ) | 0.55Y avg ≈0.7 | ≈0.7 | 0.6 | Low liquidity | |
| Quick Ratio | 0.15Y avg ≈0.2 | ≈0.2 | 0.4 | Low liquidity |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | AAL | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 0.78%5Y avg ≈29.5% | ≈29.5% | · | · | |
| Revenue CAGR 3Y | 3.7%5Y avg ≈23.5% | ≈23.5% | · | · | |
| Revenue CAGR 5Y | 25.8% | · | · | · | |
| EPS YoY | -86.3%5Y avg ≈151.0% | ≈151.0% | · | · | |
| Net Income YoY | -86.9%5Y avg ≈154.4% | ≈154.4% | · | · | |
| EPS CAGR 3Y | -3.6% | · | · | · | |
| Net Income CAGR 3Y | -4.4% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | AAL | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.95Y avg ≈0.8 | ≈0.8 | 0.7 | Top tier | |
| Receivables Turnover | 26.85Y avg ≈25.4 | ≈25.4 | 26.8 | In line | |
| Revenue / Employee | ≈$381.0K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield2.2%
Annualized Payout≈$0.40
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Feb 4, 2020 | $0.10 | USD | ≈1.4% |
| Nov 5, 2019 | $0.10 | USD | ≈1.3% |
| Aug 6, 2019 | $0.10 | USD | ≈1.4% |
| May 7, 2019 | $0.10 | USD | ≈1.2% |
| Feb 5, 2019 | $0.10 | USD | ≈1.1% |
| Nov 5, 2018 | $0.10 | USD | ≈1.1% |
| Aug 6, 2018 | $0.10 | USD | ≈1.0% |
| May 7, 2018 | $0.10 | USD | ≈0.94% |
| Feb 5, 2018 | $0.10 | USD | ≈0.80% |
| Nov 10, 2017 | $0.10 | USD | ≈0.87% |
| Aug 10, 2017 | $0.10 | USD | ≈0.82% |
| May 12, 2017 | $0.10 | USD | ≈0.87% |
| Feb 9, 2017 | $0.10 | USD | ≈0.86% |
| Nov 3, 2016 | $0.10 | USD | ≈1.0% |
| Aug 3, 2016 | $0.10 | USD | ≈1.2% |
| May 2, 2016 | $0.10 | USD | ≈1.2% |
| Feb 8, 2016 | $0.10 | USD | ≈1.1% |
| Nov 3, 2015 | $0.10 | USD | ≈0.86% |
| Aug 6, 2015 | $0.10 | USD | ≈0.95% |
| Apr 30, 2015 | $0.10 | USD | ≈0.83% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
62.0%
Next Report
Oct 15, 2026
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Jul 16, 2026 | $0.15 | $0.03 | 339.9% |
| March 31, 2026 | $-0.40 | $-0.48 | 16.2% | |
| Dec. 31, 2025 | $0.16 | $0.35 | -53.8% | |
| Sept. 30, 2025 | $-0.17 | $-0.28 | 39.6% | |
| June 30, 2025 | $0.95 | $0.79 | 20.3% | |
| March 31, 2025 | $-0.59 | $-0.65 | 9.7% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $54.63B | $54.21B | $52.79B | $48.97B | $29.88B | $17.34B | $45.77B | $44.54B | $42.62B | $40.14B | $40.99B | $42.65B | |
| Operating Expenses | $53.17B | $51.60B | $49.75B | $47.36B | $30.94B | $27.76B | $42.70B | $41.88B | $38.39B | $35.08B | $34.79B | $38.40B | |
| Operating Income | $1.47B | $2.61B | $3.03B | $1.61B | $-1.06B | $-10.42B | $3.06B | $2.66B | $4.23B | $5.06B | $6.20B | $4.25B | |
| Interest Expense | · | · | $2.15B | $1.96B | $1.80B | $1.23B | $1.09B | $1.06B | $1.05B | $991M | $880M | $887M | |
| Interest Income | $357M | $468M | $591M | $216M | $18M | $41M | $127M | $118M | $94M | $63M | $39M | $31M | |
| Other Non-op | $82M | $6M | $-359M | $325M | $293M | $154M | $159M | $166M | $123M | $20M | $-747M | $-181M | |
| Pretax Income | $190M | $1.15B | $1.12B | $186M | $-2.55B | $-11.45B | $2.26B | $1.88B | $3.40B | $4.15B | $4.62B | $3.21B | |
| Income Tax | $79M | $308M | $299M | $59M | $-555M | $-2.57B | $570M | $472M | $2.11B | $1.57B | $-2.99B | $330M | |
| Net Income | $111M | $846M | $822M | $127M | $-1.99B | $-8.88B | $1.69B | $1.41B | $1.28B | $2.58B | $7.61B | $2.88B | |
| EPS (Basic) | $0.17 | $1.29 | $1.26 | $0.20 | $-3.09 | $-18.36 | $3.80 | $3.04 | $2.62 | $4.68 | $11.39 | $4.02 | |
| EPS (Diluted) | $0.17 | $1.24 | $1.21 | $0.19 | $-3.09 | $-18.36 | $3.79 | $3.03 | $2.61 | $4.65 | $11.07 | $3.93 | |
| Shares (Basic) | 659,964,000 | 656,996,000 | 653,612,000 | 650,345,000 | 644,015,000 | 483,888,000 | 443,363,000 | 464,236,000 | 489,164,000 | 552,308,000 | 668,393,000 | 717,456,000 | |
| Shares (Diluted) | 661,052,000 | 721,300,000 | 719,669,000 | 655,122,000 | 644,015,000 | 483,888,000 | 444,269,000 | 465,660,000 | 491,692,000 | 556,099,000 | 687,355,000 | 734,016,000 | |
| EBITDA | $3.67B | $4.81B | $5.33B | $3.91B | $1.24B | $-8.02B | $5.67B | $5.06B | $6.26B | $5.28B | $6.20B | $4.25B |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $954M | $804M | $578M | $440M | $273M | $245M | $280M | $275M | $295M | $322M | $390M | $994M | |
| Short-term Investments | · | · | · | · | · | · | · | · | $4.77B | $6.04B | $5.86B | $6.31B | |
| Receivables | $2.08B | $2.01B | $2.03B | $2.14B | $1.50B | $1.34B | $1.75B | $1.71B | $1.75B | $1.59B | $1.43B | $1.77B | |
| Prepaid Expense | $767M | $794M | $658M | $892M | $615M | $666M | $621M | $495M | $651M | $639M | $748M | $898M | |
| Current Assets | $12.21B | $13.15B | $13.57B | $15.27B | $17.34B | $11.10B | $8.21B | $8.64B | $9.15B | $10.32B | $9.98B | $11.75B | |
| PP&E (Net) | · | · | · | · | · | · | $34.99B | $34.10B | $34.16B | $31.16B | $27.51B | $23.08B | |
| PP&E (Gross) | · | · | · | · | · | · | $53.65B | $51.54B | $49.80B | $45.35B | $40.65B | $35.34B | |
| Accum. Depreciation | · | · | · | · | · | · | $18.66B | $17.44B | $15.65B | $14.19B | $13.14B | $12.26B | |
| Goodwill | $4.09B | $4.09B | $4.09B | $4.09B | $4.09B | $4.09B | $4.09B | $4.09B | $4.10B | $4.09B | $4.09B | $4.09B | |
| Intangibles | $2.07B | $2.04B | $2.05B | $2.06B | $1.99B | $2.03B | $2.08B | $2.14B | $2.20B | $2.17B | $2.25B | $2.24B | |
| Other Non-current Assets | $9.94B | $10.17B | $10.78B | $11.15B | $11.74B | $11.18B | $8.06B | $8.69B | $9.48B | $9.79B | $10.92B | $8.39B | |
| Total Assets | $61.77B | $61.78B | $63.06B | $64.72B | $66.47B | $62.01B | $59.99B | $60.58B | $52.78B | $51.27B | $48.41B | $43.23B | |
| Accounts Payable | $2.84B | $2.46B | $2.35B | $2.15B | $1.77B | $1.20B | $2.06B | $1.77B | $1.69B | $1.59B | $1.56B | $1.38B | |
| Accrued Liabilities | · | · | · | · | · | · | · | · | · | · | · | $3.29B | |
| Current Liabilities | $24.49B | $24.30B | $22.06B | $21.50B | $19.01B | $16.57B | $18.31B | $18.10B | $15.36B | $13.87B | $13.61B | $13.40B | |
| Capital Leases | $5.91B | $5.98B | $6.45B | $6.56B | $6.61B | $6.78B | $7.42B | $7.90B | $693M | · | · | · | |
| Other Non-current Liabilities | $1.44B | $1.71B | $1.56B | $1.26B | $1.33B | $1.50B | $1.45B | $1.39B | $2.50B | $3.29B | $2.73B | $3.04B | |
| Long-term Debt | $24.64B | $24.62B | $28.89B | $31.84B | $35.01B | $29.32B | $20.90B | $20.57B | $21.82B | · | · | · | |
| Total Debt | $3.64B | $5.20B | $3.50B | $3.06B | $2.31B | $2.70B | $2.75B | $3.21B | · | · | · | · | |
| Common Stock | $7M | $7M | $7M | $6M | $6M | $6M | $4M | $5M | $5M | $5M | $6M | $7M | |
| Retained Earnings | $-6.73B | $-6.84B | $-7.69B | $-8.51B | $-8.64B | $-6.66B | $2.26B | $758M | $-1.34B | $1.64B | $-1.23B | $-8.56B | |
| AOCI | $-4.39B | $-4.57B | $-4.89B | $-4.58B | $-5.94B | $-7.10B | $-6.33B | $-5.90B | $-5.78B | $-5.08B | $-4.73B | $-4.56B | |
| Stockholders' Equity | $-3.73B | $-3.98B | $-5.20B | $-5.80B | $-7.34B | $-6.87B | $-118M | $-169M | $-780M | $-284M | $5.63B | $2.02B | |
| Liabilities + Equity | $61.77B | $61.78B | $63.06B | $64.72B | $66.47B | $62.01B | $59.99B | $60.58B | $52.78B | $51.27B | $48.41B | $43.23B | |
| Shares Outstanding | 660,301,080 | 657,566,166 | 654,273,192 | 650,642,461 | 647,727,595 | 621,479,522 | 428,202,506 | 460,610,870 | 475,507,887 | 507,294,153 | 624,622,381 | 697,474,535 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $2.20B | $2.20B | $2.30B | $2.30B | $2.30B | $2.40B | $2.60B | $2.40B | $2.20B | $1.90B | $1.70B | $1.29B | |
| Stock-based Comp | $57M | $92M | $102M | $78M | $98M | $91M | $94M | $86M | $90M | $100M | $284M | $304M | |
| Deferred Tax | $79M | $308M | $299M | $65M | $-555M | $-2.57B | $560M | $440M | $2.09B | $1.56B | $-3.01B | $346M | |
| Amort. of Intangibles | · | · | $7M | $41M | $41M | $41M | $41M | $41M | $44M | $76M | $55M | $81M | |
| Restructuring | · | · | · | · | · | · | $271M | $422M | $232M | $177M | $210M | $88M | |
| Other Non-cash | $652M | $537M | $280M | $-397M | $854M | $2.42B | $-1.12B | $-805M | $-606M | · | · | · | |
| Operating Cash Flow | $3.10B | $3.98B | $3.80B | $2.17B | $704M | $-6.54B | $3.81B | $3.53B | $4.74B | $6.52B | $6.25B | $3.08B | |
| CapEx | $3.78B | $2.68B | $2.60B | $2.55B | $208M | $1.96B | $4.27B | $3.75B | $5.97B | $5.73B | $6.15B | $5.31B | |
| Investing Cash Flow | $-1.89B | $-968M | $-502M | $636M | $-5.98B | $-4.34B | $-2.24B | $-1.97B | $-3.64B | $-5.70B | $-5.59B | $-2.91B | |
| Debt Issued | $3.77B | $1.67B | $4.82B | $1.07B | $12.19B | $11.78B | $3.96B | $2.35B | $3.06B | $7.70B | $5.01B | $3.30B | |
| Net Debt Issued | $3.77B | $1.67B | $4.82B | $1.07B | $12.19B | $11.78B | $3.96B | $2.35B | $3.06B | $7.70B | $5.01B | $2.99B | |
| Stock Repurchased | · | · | · | $21M | $18M | $173M | $1.10B | $837M | $1.61B | $4.50B | $3.85B | $1.06B | |
| Net Stock Activity | · | · | · | $-21M | $-18M | $-173M | $-1.10B | $-837M | $-1.61B | $-4.50B | $-3.85B | $-1.06B | |
| Dividends Paid | · | · | · | · | · | $43M | $178M | $186M | $198M | $224M | $269M | $144M | |
| Financing Cash Flow | $-1.05B | $-2.79B | $-3.21B | $-2.63B | $5.29B | $10.99B | $-1.57B | $-1.67B | $-1.15B | $-894M | $-1.26B | $-315M | |
| Net Change in Cash | $154M | $221M | $95M | $178M | $9M | $109M | $4M | $-112M | $-37M | · | · | · | |
| Free Cash Flow | $-680M | $1.30B | $1.21B | $-373M | $496M | $-8.50B | $-453M | $-212M | $-1.23B | $793M | $98M | $-2.23B | |
| Levered FCF | · | · | $-366M | $-1.71B | $-912M | $-9.45B | $-1.27B | $-1.00B | $-1.88B | $176M | $-1.35B | $-3.03B |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 2.7% | 4.8% | 5.8% | 3.3% | -3.5% | -60.1% | 6.7% | 6.0% | 9.6% | 13.2% | 15.1% | 10.0% | |
| Net Margin | 0.20% | 1.6% | 1.6% | 0.26% | -6.7% | -51.2% | 3.7% | 3.2% | 4.5% | 6.7% | 18.6% | 6.8% | |
| Pretax Margin | 0.35% | 2.1% | 2.1% | 0.38% | -8.5% | -66.1% | 4.9% | 4.2% | 7.3% | 10.7% | 11.3% | 7.5% | |
| EBITDA Margin | 6.7% | 8.9% | 10.1% | 8.0% | 4.2% | -46.3% | 12.4% | 11.3% | 14.8% | 13.2% | 15.1% | 10.0% | |
| ROA | 0.18% | 1.4% | 1.3% | 0.19% | -3.1% | -14.6% | 2.8% | 2.5% | 3.7% | 5.4% | 16.6% | 6.7% | |
| ROE | -2.9% | -19.2% | -15.9% | -1.9% | 27.0% | 143.4% | 8028.6% | -500.7% | 105.4% | 56.8% | 198.8% | -811.8% | |
| ROIC | -996.6% | 157.2% | -130.8% | -40.1% | 16.5% | 193.9% | 87.1% | 65.4% | 64.3% | 86.9% | 181.5% | 188.6% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.5 | 0.5 | 0.6 | 0.7 | 0.9 | 0.7 | 0.4 | 0.5 | 0.6 | 0.7 | 0.7 | 0.9 | |
| Quick Ratio | 0.1 | 0.1 | 0.1 | 0.1 | 0.7 | 0.5 | 0.1 | 0.1 | 0.5 | 0.6 | 0.6 | 0.7 | |
| Debt / Equity | -1.0 | -1.3 | -0.7 | -0.5 | -0.3 | -0.4 | -23.3 | -19.0 | · | · | · | · | |
| Interest Coverage | · | · | 1.4 | 0.8 | -0.6 | -8.5 | 2.8 | 2.5 | 3.9 | 5.3 | 7.0 | 4.8 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.9 | 0.9 | 0.8 | 0.7 | 0.5 | 0.3 | 0.8 | 0.8 | 0.8 | 0.8 | 0.9 | 1.0 | |
| Receivables Turnover | 26.8 | 26.9 | 25.4 | 26.9 | 21.0 | 11.2 | 26.5 | 25.8 | 25.2 | 26.6 | 25.7 | 25.6 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $-5.64 | $-6.05 | $-7.95 | $-8.91 | $-11.33 | $-11.05 | $-0.28 | $-0.37 | $8.26 | $7.46 | $9.02 | $2.90 | |
| Revenue / Share | $82.65 | $75.16 | $73.35 | $74.75 | $46.40 | $35.83 | $103.02 | $95.65 | $85.84 | $72.25 | $59.63 | $58.10 | |
| Cash Flow / Share | $4.69 | $5.52 | $5.28 | $3.32 | $1.09 | $-13.52 | $8.59 | $7.59 | $9.65 | $11.73 | $9.09 | $4.20 | |
| Cash / Share | $1.44 | $1.22 | $0.88 | $0.68 | $19.14 | $11.10 | $0.65 | $0.60 | $0.62 | $0.63 | $0.62 | $1.43 | |
| Dividend / Share | · | · | · | · | $0.00 | $0.10 | $0.40 | $0.40 | $0.40 | $0.40 | $0.40 | $0.20 | |
| EPS (TTM) | $0.17 | $1.24 | $1.21 | $0.19 | $-3.09 | $-18.36 | $3.79 | $3.03 | $2.61 | $4.65 | $11.07 | $3.93 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 0.78% | 2.7% | 7.8% | 63.9% | 72.4% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 3.7% | 22.0% | 44.9% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 25.8% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -86.3% | 2.5% | 536.8% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | -3.6% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -86.9% | 2.9% | 547.2% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -4.4% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $54.63B | $54.21B | $52.79B | $48.97B | $29.88B | $17.34B | $45.77B | $44.54B | $42.62B | $40.14B | $40.99B | $42.65B | |
| Net Income TTM | $111M | $846M | $822M | $127M | $-1.99B | $-8.88B | $1.69B | $1.41B | $1.28B | $2.58B | $7.61B | $2.88B | |
| Market Cap | $10.12B | $11.46B | $8.99B | $8.28B | $11.63B | $9.80B | $12.28B | $14.79B | $24.74B | $23.69B | $26.45B | $37.41B | |
| Enterprise Value | $12.81B | $15.85B | $11.91B | $10.90B | $1.55B | $5.60B | $14.75B | $17.73B | · | · | · | · | |
| P/E | 90.2 | 14.1 | 11.4 | 66.9 | -5.8 | -0.9 | 7.6 | 10.6 | 19.9 | 10.0 | 3.8 | 13.6 | |
| P/S | 0.2 | 0.2 | 0.2 | 0.2 | 0.4 | 0.6 | 0.3 | 0.3 | 0.6 | 0.6 | 0.6 | 0.9 | |
| P/B | -2.7 | -2.9 | -1.7 | -1.4 | -1.6 | -1.4 | -104.1 | -87.5 | 6.3 | 6.3 | 4.7 | 18.5 | |
| P / Cash Flow | 3.3 | 2.9 | 2.4 | 3.8 | 16.5 | -1.5 | 3.2 | 4.2 | 5.2 | 3.6 | 4.2 | 12.1 | |
| P / FCF | -14.9 | 8.8 | 7.4 | -22.2 | 23.5 | -1.2 | -27.1 | -69.8 | -20.2 | 29.9 | 269.9 | -16.8 | |
| EV / EBITDA | 3.5 | 3.3 | 2.2 | 2.8 | 1.2 | -0.7 | 2.6 | 3.5 | · | · | · | · | |
| EV / FCF | -18.8 | 12.2 | 9.9 | -29.2 | 3.1 | -0.7 | -32.6 | -83.6 | · | · | · | · | |
| EV / Revenue | 0.2 | 0.3 | 0.2 | 0.2 | 0.1 | 0.3 | 0.3 | 0.4 | · | · | · | · | |
| Dividend Yield | 1.8% | 1.6% | 2.1% | 2.2% | 1.6% | 0.44% | 1.5% | 1.3% | 0.80% | 0.95% | 1.0% | 0.38% | |
| Earnings Yield | 1.1% | 7.1% | 8.8% | 1.5% | -17.2% | -116.4% | 13.2% | 9.4% | 5.0% | 10.0% | 26.1% | 7.3% | |
| Payout Ratio | · | · | · | · | · | -0.48% | 10.6% | 13.2% | 10.3% | 8.4% | 3.6% | 5.0% | |
| Annual Payout | $186M | $186M | $186M | $186M | $186M | $43M | $178M | $186M | $198M | $224M | $269M | $144M |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.73B | $13.91B | $14.00B | $13.69B | $14.39B | $12.55B | $13.66B | $13.65B | $14.33B | $12.57B | $13.06B | $13.48B | $14.05B | $12.19B | $13.19B | $13.46B | |
| Operating Expenses | $16.29B | $13.95B | $13.55B | $13.54B | $13.26B | $12.82B | $12.53B | $13.56B | $12.95B | $12.56B | $12.41B | $13.71B | $11.89B | $11.75B | $11.80B | $12.53B | |
| Operating Income | $446M | $-41M | $451M | $151M | $1.14B | $-270M | $1.13B | $89M | $1.38B | $7M | $656M | $-223M | $2.16B | $438M | $1.38B | $930M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | $497M | · | $537M | $548M | $540M | · | $499M | |
| Interest Income | $74M | $55M | $73M | $90M | $100M | $94M | $105M | $117M | $128M | $118M | $136M | $168M | $162M | $125M | $109M | $70M | |
| Other Non-op | $-4M | $-93M | $41M | $49M | $36M | $-44M | $27M | $18M | $2M | $-41M | $-241M | $-98M | $-14M | $-6M | $51M | $157M | |
| Pretax Income | $107M | $-476M | $142M | $-142M | $838M | $-648M | $795M | $-256M | $1.03B | $-413M | $31M | $-690M | $1.76B | $17M | $1.01B | $658M | |
| Income Tax | $36M | $-94M | $43M | $-28M | $239M | $-175M | $205M | $-107M | $311M | $-101M | $12M | $-145M | $425M | $7M | $208M | $175M | |
| Net Income | $71M | $-382M | $99M | $-114M | $599M | $-473M | $590M | $-149M | $717M | $-312M | $19M | $-545M | $1.34B | $10M | $803M | $483M | |
| EPS (Basic) | $0.11 | $-0.58 | $0.15 | $-0.17 | $0.91 | $-0.72 | $0.91 | $-0.23 | $1.09 | $-0.48 | $0.02 | $-0.83 | $2.05 | $0.02 | $1.25 | $0.74 | |
| EPS (Diluted) | $0.11 | $-0.58 | $0.15 | $-0.17 | $0.91 | $-0.72 | $0.94 | $-0.23 | $1.01 | $-0.48 | $0.14 | $-0.83 | $1.88 | $0.02 | $1.34 | $0.69 | |
| Shares (Basic) | 662,190,000 | 661,181,000 | · | 660,358,000 | 660,127,000 | 658,880,000 | · | 657,424,000 | 656,965,000 | 655,847,000 | · | 654,119,000 | 653,602,000 | 652,000,000 | · | 650,586,000 | |
| Shares (Diluted) | 662,613,000 | 661,181,000 | · | 660,358,000 | 660,367,000 | 658,880,000 | · | 657,424,000 | 720,302,000 | 655,847,000 | · | 654,119,000 | 719,345,000 | 656,707,000 | · | 715,985,000 | |
| EBITDA | $446M | $-41M | · | $151M | $1.14B | $-270M | · | $89M | $1.38B | $7M | · | $-223M | $2.16B | $438M | · | $930M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.03B | $903M | $954M | $835M | $833M | $835M | $804M | $834M | $605M | $604M | $578M | $577M | $614M | $452M | $440M | $332M | |
| Receivables | $1.89B | $2.01B | $2.08B | $2.03B | $2.06B | $1.93B | $2.01B | $1.82B | $2.07B | $2.07B | · | $2.02B | $2.07B | $1.99B | · | $1.99B | |
| Prepaid Expense | $797M | $834M | $767M | $822M | $855M | $909M | $794M | $830M | $832M | $777M | · | $719M | $822M | $907M | · | $986M | |
| Current Assets | $14.28B | $13.98B | $12.21B | $13.25B | $15.07B | $13.60B | $13.15B | $14.46B | $14.79B | $14.54B | · | $16.71B | $18.22B | $17.65B | · | $17.38B | |
| Goodwill | $4.09B | $4.09B | $4.09B | $4.09B | $4.09B | $4.09B | $4.09B | $4.09B | $4.09B | $4.09B | · | $4.09B | $4.09B | $4.09B | · | $4.09B | |
| Intangibles | $2.07B | $2.06B | $2.07B | $2.04B | $2.04B | $2.04B | $2.04B | $2.05B | $2.05B | $2.05B | · | $2.05B | $2.06B | $2.06B | · | $2.07B | |
| Other Non-current Assets | $9.96B | $9.99B | $9.94B | $9.94B | $9.91B | $10.25B | $10.17B | $10.52B | $10.41B | $10.79B | · | $10.81B | $10.69B | $11.15B | · | $11.74B | |
| Total Assets | $64.23B | $63.74B | $61.77B | $62.14B | $63.67B | $62.61B | $61.78B | $63.53B | $64.12B | $64.38B | · | $65.71B | $67.26B | $66.79B | · | $66.65B | |
| Accounts Payable | $3.64B | $3.61B | $2.84B | $2.83B | $3.13B | $3.11B | $2.46B | $2.62B | $3.02B | $2.93B | · | $2.12B | $2.41B | $2.46B | · | $2.12B | |
| Current Liabilities | $26.76B | $28.41B | $24.49B | $24.64B | $25.77B | $26.11B | $24.30B | $25.53B | $24.61B | $24.99B | · | $24.38B | $24.32B | $24.59B | · | $21.97B | |
| Capital Leases | $5.75B | $5.76B | $5.91B | $6.20B | $6.20B | $6.06B | $5.98B | $6.35B | $6.48B | $6.46B | · | $6.33B | $6.51B | $6.33B | · | $6.28B | |
| Other Non-current Liabilities | $1.49B | $1.53B | $1.44B | $1.57B | $1.67B | $1.65B | $1.71B | $1.63B | $1.46B | $1.50B | · | $1.65B | $1.47B | $1.44B | · | $1.37B | |
| Long-term Debt | $25.25B | $22.93B | $24.64B | $24.54B | $24.70B | $24.22B | $24.62B | $25.85B | $27.21B | $27.85B | · | $29.31B | $30.34B | $31.09B | · | $33.60B | |
| Total Debt | $2.98B | $4.08B | · | $3.51B | $4.51B | $4.64B | · | $5.26B | $3.98B | $3.97B | · | $3.61B | $3.72B | $3.37B | · | $2.56B | |
| Common Stock | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | · | $7M | $7M | $7M | · | $6M | |
| Retained Earnings | $-7.04B | $-7.11B | $-6.73B | $-6.83B | $-6.72B | $-7.32B | $-6.84B | $-7.43B | $-7.28B | $-8.00B | · | $-7.71B | $-7.16B | $-8.50B | · | $-9.31B | |
| AOCI | $-4.36B | $-4.37B | $-4.39B | $-4.51B | $-4.53B | $-4.55B | $-4.57B | $-4.83B | $-4.86B | $-4.88B | · | $-4.79B | $-4.55B | $-4.57B | · | $-5.86B | |
| Stockholders' Equity | $-3.97B | $-4.08B | $-3.73B | $-3.96B | $-3.87B | $-4.51B | $-3.98B | $-4.85B | $-4.75B | $-5.50B | $-5.20B | $-5.14B | $-4.38B | $-5.77B | $-5.80B | $-7.89B | |
| Liabilities + Equity | $64.23B | $63.74B | $61.77B | $62.14B | $63.67B | $62.61B | $61.78B | $63.53B | $64.12B | $64.38B | · | $65.71B | $67.26B | $66.79B | · | $66.65B | |
| Shares Outstanding | 661,936,666 | 661,385,137 | 660,301,080 | 660,064,930 | 659,797,256 | 659,481,003 | 657,566,166 | 657,102,842 | 656,607,802 | 656,045,635 | · | 653,504,063 | 653,286,761 | 652,817,674 | · | 649,863,026 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $478M | $475M | $472M | $474M | $476M | $468M | $503M | $479M | $474M | $470M | $480M | $487M | $483M | $486M | $490M | $491M | |
| Operating Cash Flow | $471M | $4.22B | $-274M | $-46M | $963M | $2.46B | $398M | $277M | $1.13B | $2.18B | $-1.35B | $58M | $1.76B | $3.33B | $-158M | $-593M | |
| CapEx | $822M | $811M | $1.63B | $826M | $499M | $824M | $740M | $468M | $651M | $824M | $843M | $509M | $739M | $505M | $686M | $455M | |
| Investing Cash Flow | $-1.11B | $-2.33B | $-390M | $974M | $-1.27B | $-1.20B | $866M | $58M | $-376M | $-1.52B | $2.16B | $1.08B | $-949M | $-2.80B | $1.55B | $784M | |
| Debt Issued | $3.52B | $997M | $1.60B | $510M | $1.33B | $325M | $418M | $725M | $279M | $248M | $2.50B | $181M | $319M | $1.82B | $370M | $125M | |
| Net Debt Issued | · | $997M | · | · | · | $325M | · | · | · | $248M | · | · | · | $1.82B | · | · | |
| Financing Cash Flow | $784M | $-1.95B | $782M | $-921M | $311M | $-1.22B | $-1.29B | $-142M | $-715M | $-642M | $-814M | $-1.23B | $-619M | $-539M | $-1.28B | $-252M | |
| Net Change in Cash | $144M | $-54M | $118M | $7M | $0 | $29M | $-31M | $193M | $37M | $22M | $-6M | $-92M | $195M | $-2M | $110M | $-61M | |
| Free Cash Flow | · | $3.41B | · | · | · | $1.63B | · | · | · | $1.36B | · | · | · | $2.83B | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $981M | · | · | · | $2.51B | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 2.7% | -0.29% | · | 1.1% | 7.9% | -2.1% | · | 0.65% | 9.7% | 0.06% | · | -1.7% | 15.4% | 3.6% | · | 6.9% | |
| Net Margin | 0.42% | -2.8% | · | -0.83% | 4.2% | -3.8% | · | -1.1% | 5.0% | -2.5% | · | -4.0% | 9.5% | 0.08% | · | 3.6% | |
| Pretax Margin | 0.64% | -3.4% | · | -1.0% | 5.8% | -5.2% | · | -1.9% | 7.2% | -3.3% | · | -5.1% | 12.5% | 0.14% | · | 4.9% | |
| EBITDA Margin | 2.7% | -0.29% | · | 1.1% | 7.9% | -2.1% | · | 0.65% | 9.7% | 0.06% | · | -1.7% | 15.4% | 3.6% | · | 6.9% | |
| ROA | 0.11% | -0.60% | · | -0.18% | 0.94% | -0.74% | · | -0.23% | 1.1% | -0.48% | · | -0.82% | 2.0% | 0.01% | · | 0.72% | |
| ROE | -1.8% | 8.9% | · | 2.6% | -13.9% | 9.4% | · | 3.0% | -15.7% | 5.5% | · | 8.4% | -20.9% | -0.14% | · | -6.3% | |
| ROIC | -29.8% | -548.4% | · | -26.7% | 126.0% | -149.3% | · | 12.7% | -126.4% | -0.35% | · | 11.5% | -245.7% | -10.7% | · | -12.8% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.5 | 0.5 | · | 0.5 | 0.6 | 0.5 | · | 0.6 | 0.6 | 0.6 | · | 0.7 | 0.7 | 0.7 | · | 0.8 | |
| Quick Ratio | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | |
| Debt / Equity | -0.8 | -1.0 | · | -0.9 | -1.2 | -1.0 | · | -1.1 | -0.8 | -0.7 | · | -0.7 | -0.8 | -0.6 | · | -0.3 | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | 0.0 | · | -0.4 | 3.9 | 0.8 | · | 1.9 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | |
| Receivables Turnover | 8.5 | 7.1 | · | 7.1 | 7.0 | 6.3 | · | 7.1 | 6.9 | 6.2 | · | 6.7 | 7.2 | 6.9 | · | 8.1 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $-6.00 | $-6.16 | · | $-6.00 | $-5.87 | $-6.84 | · | $-7.39 | $-7.23 | $-8.38 | · | $-7.86 | $-6.71 | $-8.84 | · | $-12.15 | |
| Revenue / Share | $25.26 | $21.04 | · | $20.73 | $21.79 | $19.05 | · | $20.76 | $19.90 | $19.17 | · | $20.61 | $19.54 | $18.56 | · | $18.80 | |
| Cash Flow / Share | · | $6.39 | · | · | · | $3.73 | · | · | · | $3.32 | · | · | · | $5.08 | · | · | |
| Cash / Share | $1.55 | $1.37 | · | $1.26 | $1.26 | $1.27 | · | $1.27 | $0.92 | $0.92 | · | $0.88 | $0.94 | $0.69 | · | $0.51 | |
| EPS (TTM) | $-0.49 | $0.31 | · | $0.96 | $0.90 | $1.00 | · | $0.44 | $-0.16 | $0.71 | · | $2.41 | $3.93 | $2.73 | · | $-2.55 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $58.34B | $55.99B | · | $54.29B | $54.25B | $54.19B | · | $53.61B | $53.45B | $53.17B | · | $52.91B | $52.89B | $52.26B | · | $45.21B | |
| Net Income TTM | $-326M | $202M | · | $602M | $567M | $685M | · | $275M | $-121M | $500M | · | $1.61B | $2.63B | $1.77B | · | $-1.61B | |
| Market Cap | $11.96B | $7.10B | · | $7.42B | $7.40B | $6.96B | · | $7.39B | $7.44B | $10.07B | · | $8.37B | $11.72B | $9.63B | · | $7.82B | |
| Enterprise Value | $13.91B | $10.28B | · | $10.09B | $11.08B | $10.76B | · | $11.81B | $10.82B | $13.44B | · | $11.40B | $14.82B | $12.55B | · | $10.05B | |
| P/E | -36.9 | 34.6 | · | 11.7 | 12.5 | 10.6 | · | 25.5 | -70.8 | 21.6 | · | 5.3 | 4.6 | 5.4 | · | -4.7 | |
| P/S | 0.2 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | |
| P/B | -3.0 | -1.7 | · | -1.9 | -1.9 | -1.5 | · | -1.5 | -1.6 | -1.8 | · | -1.6 | -2.7 | -1.7 | · | -1.0 | |
| P / Cash Flow | · | 1.7 | · | · | · | 2.8 | · | · | · | 4.6 | · | · | · | 2.9 | · | · | |
| EV / Revenue | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.3 | · | 0.2 | 0.3 | 0.2 | · | 0.2 | |
| Dividend Yield | 1.5% | 2.5% | · | 2.4% | 2.4% | 2.6% | · | 2.5% | 2.4% | 1.8% | · | 2.2% | 1.5% | 1.9% | · | 2.3% | |
| Earnings Yield | -2.7% | 2.9% | · | 8.5% | 8.0% | 9.5% | · | 3.9% | -1.4% | 4.6% | · | 18.8% | 21.9% | 18.5% | · | -21.2% | |
| Annual Payout | $181M | $181M | · | $181M | $181M | $181M | · | $181M | $181M | $181M | · | $181M | $181M | $181M | · | $181M |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $54.63B | $54.21B | $52.79B | $48.97B | $29.88B |
| Operating Margin % | 2.7% | 4.8% | 5.8% | 3.3% | -3.5% |
| Net Income | $111M | $846M | $822M | $127M | $-1.99B |
| Diluted EPS | $0.17 | $1.24 | $1.21 | $0.19 | $-3.09 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | -1.0 | -1.3 | -0.7 | -0.5 | -0.3 |
| Current Ratio | 0.5 | 0.5 | 0.6 | 0.7 | 0.9 |
| Quick Ratio | 0.1 | 0.1 | 0.1 | 0.1 | 0.7 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $-680M | $1.30B | $1.21B | $-373M | $496M |
Institutional owners (13F) 695 filers · $12.8B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
695
Value held
$12.8B
New positions
112
Exited positions
82
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 112 (-18 vs prior Q) | 82 (-3 vs prior Q) | 192 (+3 vs prior Q) | 220 (+26 vs prior Q) | +26.7M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| PRIMECAP MANAGEMENT CO/CA/ | $1,278,144,480 | 70,732,954 | 9.99% | Shares |
| BlackRock, Inc. | $1,144,738,624 | 63,350,228 | 8.95% | Shares |
| VANGUARD GROUP INC | $937,057,548 | 61,125,737 | 7.33% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $540,213,149 | 29,895,581 | 4.22% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $531,637,922 | 29,421,025 | 4.16% | Shares |
| TWO SIGMA INVESTMENTS, LP | $492,244,563 | 27,240,983 | 3.85% | Shares |
| STATE STREET CORP | $353,608,577 | 19,568,820 | 2.76% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $315,471,481 | 17,458,300 | 2.47% | Put option |
| Orbis Allan Gray Ltd | $291,638,686 | 16,139,385 | 2.28% | Shares |
| JANE STREET GROUP, LLC | $249,105,792 | 13,785,600 | 1.95% | Put option |
| GEODE CAPITAL MANAGEMENT, LLC | $247,494,617 | 13,692,580 | 1.94% | Shares |
| JANE STREET GROUP, LLC | $227,634,620 | 12,597,378 | 1.78% | Shares |
| CITADEL ADVISORS LLC | $226,458,661 | 12,532,300 | 1.77% | Call option |
| CITADEL ADVISORS LLC | $198,583,879 | 10,989,700 | 1.55% | Put option |
| TWO SIGMA ADVISERS, LP | $184,985,577 | 12,066,900 | 1.45% | Shares |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $175,209,647 | 9,696,162 | 1.37% | Shares |
| Parallax Volatility Advisers, L.P. | $172,919,058 | 9,569,400 | 1.35% | Put option |
| UBS Group AG | $154,982,288 | 8,576,773 | 1.21% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $152,472,853 | 8,437,900 | 1.19% | Call option |
| Slate Path Capital LP | $149,557,873 | 8,276,584 | 1.17% | Shares |
| Hudson Bay Capital Management LP | $139,045,035 | 7,694,800 | 1.09% | Put option |
| APPALOOSA LP | $135,525,000 | 7,500,000 | 1.06% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $135,500,546 | 7,498,763 | 1.06% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $126,778,416 | 7,015,961 | 0.99% | Shares |
| BARCLAYS PLC | $122,876,000 | 6,800,000 | 0.96% | Put option |
| Connor, Clark & Lunn Investment Management Ltd. | $119,627,791 | 6,620,243 | 0.94% | Shares |
| MORGAN STANLEY | $118,907,443 | 6,580,378 | 0.93% | Shares |
| D. E. Shaw & Co., Inc. | $113,837,657 | 6,299,815 | 0.89% | Shares |
| GOLDMAN SACHS GROUP INC | $111,448,325 | 6,167,589 | 0.87% | Shares |
| Lombard Odier Asset Management (USA) Corp | $109,506,007 | 6,060,100 | 0.86% | Put option |
| U S GLOBAL INVESTORS INC | $108,441,178 | 6,001,172 | 0.85% | Shares |
| Sound Shore Management Inc /CT/ | $107,567,927 | 5,952,846 | 0.84% | Shares |
| JANE STREET GROUP, LLC | $100,761,934 | 5,576,200 | 0.79% | Call option |
| CITADEL ADVISORS LLC | $94,207,982 | 5,213,502 | 0.74% | Shares |
| NORTHERN TRUST CORP | $92,722,790 | 5,131,311 | 0.73% | Shares |
| BARCLAYS PLC | $85,312,301 | 4,721,212 | 0.67% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $79,838,788 | 4,437,954 | 0.62% | Shares |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $77,838,766 | 4,307,624 | 0.61% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $77,066,689 | 4,264,897 | 0.60% | Shares |
| FMR LLC | $76,801,130 | 4,250,201 | 0.60% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $70,839,568 | 3,920,286 | 0.55% | Shares |
| Bank of New York Mellon Corp | $68,131,749 | 3,770,434 | 0.53% | Shares |
| Invesco Ltd. | $64,151,140 | 3,550,146 | 0.50% | Shares |
| BANK OF AMERICA CORP /DE/ | $61,131,232 | 3,383,023 | 0.48% | Shares |
| D. E. Shaw & Co., Inc. | $61,123,582 | 3,382,600 | 0.48% | Put option |
| Balyasny Asset Management L.P. | $60,158,644 | 3,329,200 | 0.47% | Shares |
| Walleye Capital LLC | $59,207,945 | 3,276,588 | 0.46% | Shares |
| FIRST TRUST ADVISORS LP | $55,710,496 | 3,083,038 | 0.44% | Shares |
| Russell Investments Group, Ltd. | $53,073,959 | 2,937,130 | 0.41% | Shares |
| JPMORGAN CHASE & CO | $51,987,225 | 2,870,765 | 0.41% | Shares |
Activists & 5%+ owners 4 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| American Airlines Group Inc., American Airlines, Inc. | Dec. 19, 2025 | 20.80% | Initial filing | Passive investment | SEC |
| Hall Phoenix/Inwood, Ltd., Phoenix/Inwood Corporation, Search Financial Services, LP, Hall Search GP, LLC, Craig Hall ×5 filings | April 23, 2008 | · | Initial filing | Passive investment | SEC |
| Undisclosed reporting person | Nov. 30, 2007 | · | Initial filing | · | SEC |
| FL Group hf. | Sept. 27, 2007 | · | Initial filing | Passive investment | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 60 insiders · 20 officers · 33 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Robert D Isom Jr | CEO and President | Sept. 20, 2026 F | 3,459,080 | 0 | 0 | $0 |
| Gerard J Arpey | Chairman and CEO | May 20, 2011 D | 2,455,718 | 0 | 0 | $0 |
| Devon E May | EVP Chief Financial Officer | May 2, 2026 F | 985,023 | 0 | 0 | $0 |
| Isabella D Goren | SVP / Chief Financial Officer | Dec. 9, 2013 D | 164,873 | 0 | 0 | $0 |
| James A Beer | Sr. VP and CFO | Feb. 22, 2006 M | 33,648 | 0 | 0 | $0 |
| Jeffrey C Campbell | Sr. VP and CFO | Dec. 12, 2003 M | 80,023 | 0 | 0 | $0 |
| Scott J Kirby | President | April 22, 2016 F | 702,343 | 0 | 0 | $0 |
| David Seymour | EVP Chief Operating Officer | July 12, 2026 F | 964,232 | 0 | 4 | $-3,543,045 |
| Stephen L Johnson | Vice Chair | Sept. 20, 2026 F | 1,860,597 | 0 | 5 | $-2,261,700 |
| Angela Owens | SVP Corporate Controller | July 31, 2026 S | 178,799 | 0 | 2 | $-1,212,412 |
| Anthony J. Richmond | EVP, Chief Legal Officer | May 1, 2026 F | 1,003,542 | 0 | 0 | $0 |
| Nathaniel Pieper | EVP, Chief Commercial Officer | Feb. 17, 2026 A | 239,210 | 0 | 0 | $0 |
| Priya Aiyar | EVP Chief Legal Officer | Dec. 12, 2024 F | 633,376 | 0 | 0 | $0 |
| Vasu Raja | EVP Chief Commercial Officer | May 2, 2024 F | 496,337 | 0 | 0 | $0 |
| Andrew P Nocella | SVP Chief Marketing Officer | Feb. 16, 2017 M | 123,044 | 0 | 0 | $0 |
| Gary F Kennedy | Sr. VP / General Counsel | Dec. 9, 2013 D | 188,192 | 0 | 0 | $0 |
| REAM JAMES B | Senior V.P. Operations | Dec. 9, 2013 F | 184,685 | 0 | 0 | $0 |
| GARTON DANIEL P | Executive Vice President | Dec. 9, 2013 D | 198,217 | 0 | 0 | $0 |
| Robert W Reding | Executive VP Operations | May 18, 2011 A | 805,884 | 0 | 0 | $0 |
| Charles D Marlett | Corporate Secretary | April 21, 2006 S | 91,700 | 0 | 0 | $0 |
| John W Dietrich | Director | July 15, 2026 A | 8,676 | 0 | 0 | $0 |
| Kathryn M Farmer | Director | June 10, 2026 A | 24,739 | 0 | 0 | $0 |
| Vicente Reynal | Director | June 10, 2026 A | 56,655 | 0 | 0 | $0 |
| Howard I Ungerleider | Director | June 10, 2026 A | 36,578 | 0 | 0 | $0 |
| Gregory D Smith | Director | June 10, 2026 A | 124,798 | 0 | 0 | $0 |
| Martin H. Nesbitt | Director | June 10, 2026 A | 90,230 | 0 | 0 | $0 |
| Mary N Dillon | Director | June 10, 2026 A | 14,208 | 0 | 0 | $0 |
| Adriane M Brown | Director | June 10, 2026 A | 66,058 | 0 | 0 | $0 |
| Douglas M Steenland | Director | June 10, 2026 A | 67,383 | 0 | 0 | $0 |
| John T Cahill | Director | June 10, 2026 A | 24,739 | 0 | 0 | $0 |
| Susan D Kronick | Director | June 10, 2026 A | 90,230 | 0 | 0 | $0 |
| Matthew J Hart | Director | June 10, 2026 A | 114,071 | 0 | 0 | $0 |
| Denise M Oleary | Director | June 11, 2025 A | 154,342 | 0 | 0 | $0 |
| Michael J Embler | Director | June 5, 2024 A | 82,726 | 0 | 0 | $0 |
| Jeffrey D. Benjamin | Director | May 10, 2023 A | 61,818 | 0 | 0 | $0 |
| Douglas W Parker | Director | March 11, 2023 F | 2,581,708 | 0 | 0 | $0 |
| Thomas W Horton | Director | Jan. 9, 2014 F | 178,004 | 0 | 0 | $0 |
| Matthew K Rose | Director | Dec. 9, 2013 D | 2,804 | 0 | 0 | $0 |
| Stephen M Bennett | Director | Dec. 9, 2013 D | 1,550 | 0 | 0 | $0 |
| Ann Mclaughlin Korologos | Director | Dec. 9, 2013 D | 4,183 | 0 | 0 | $0 |
| Roger T Staubach | Director | Dec. 9, 2013 D | 4,234 | 0 | 0 | $0 |
| PURCELL PHILIP J | Director | Dec. 9, 2013 D | 4,214 | 0 | 0 | $0 |
| Judith Rodin | Director | Dec. 9, 2013 D | 3,517 | 0 | 0 | $0 |
| John W Bachmann | Director | Dec. 9, 2013 D | 6,662 | 0 | 0 | $0 |
| Armando M Codina | Director | Dec. 9, 2013 D | 5,512 | 0 | 0 | $0 |
| Michael A Miles | Director | July 25, 2011 A | · | 0 | 0 | $0 |
| Rajat K Gupta | Director | Feb. 28, 2011 A | 5,000 | 0 | 0 | $0 |
| David L Boren | Director | July 26, 2010 A | 12,722 | 0 | 0 | $0 |
| Earl G Graves SR | Director | March 31, 2008 A | · | 0 | 0 | $0 |
| Edward A Brennan | Director | March 30, 2007 A | · | 0 | 0 | $0 |
| Joe M Rodgers | Director | March 31, 2006 A | · | 0 | 0 | $0 |
| Ray M Robinson | · | June 8, 2022 A | 54,500 | 0 | 0 | $0 |
| James F Albaugh | · | June 8, 2022 A | 60,480 | 0 | 0 | $0 |
| Maya Leibman | · | Feb. 24, 2022 A | 536,410 | 0 | 0 | $0 |
| Derek J Kerr | · | Feb. 24, 2022 A | 601,074 | 0 | 0 | $0 |
| Elise R Eberwein | · | Feb. 18, 2022 F | 531,419 | 0 | 0 | $0 |
| Alberto Ibarguen | · | Feb. 14, 2019 A | 46,018 | 0 | 0 | $0 |
| Richard C Kraemer | · | June 13, 2018 A | 56,723 | 0 | 0 | $0 |
| Richard P Schifter | · | June 14, 2017 A | 21,693 | 0 | 0 | $0 |
| Beverly K. Goulet, | · | April 22, 2017 F | 206,162 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 98 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| ICOP · iShares Trust | 7.75% | 721,672 SH | Sept. 11, 2026 | Daily |
| PICK · iShares, Inc. | 3.33% | 1,610,834 SH | Sept. 11, 2026 | Daily |
| RWK · Invesco Exchange-Traded Fund Trust … | 2.44% | 2,359,238 SH | Oct. 2, 2026 | Daily |
| MXI · iShares Trust | 1.98% | 149,405 SH | Sept. 11, 2026 | Daily |
| EWU · iShares Trust | 1.80% | 1,235,470 SH | Sept. 11, 2026 | Daily |
| BSJR · Invesco Exchange-Traded Self-Indexe… | 1.33% | 12,166,000 | Oct. 2, 2026 | Daily |
| FXD · First Trust Exchange-Traded AlphaDE… | 1.26% | 222,680 NS | July 31, 2026 | N-PORT |
| IYT · iShares Trust | 1.12% | 1,765,676 SH | Sept. 11, 2026 | Daily |
| RFV · Invesco Exchange-Traded Fund Trust | 0.76% | 188,574 SH | Oct. 2, 2026 | Daily |
| PAMC · Pacer Funds Trust | 0.71% | 24,916 NS | July 31, 2026 | N-PORT |
| IVOV · VANGUARD ADMIRAL FUNDS | 0.69% | 567,890 SH | Aug. 19, 2026 | Daily |
| TPOR · Direxion Shares ETF Trust | 0.57% | 6,565 NS | July 31, 2026 | N-PORT |
| EFG · iShares Trust | 0.53% | 1,638,725 SH | Sept. 11, 2026 | Daily |
| IEV · iShares Trust | 0.45% | 137,702 SH | Sept. 11, 2026 | Daily |
| IQSM · New York Life Investments ETF Trust | 0.39% | 83,735 NS | July 31, 2026 | N-PORT |
| IEUR · iShares Trust | 0.36% | 618,424 SH | Sept. 11, 2026 | Daily |
| VGK · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.34% | 2,638,338 SH | Aug. 19, 2026 | Daily |
| IVOO · VANGUARD ADMIRAL FUNDS | 0.33% | 1,068,909 SH | Aug. 19, 2026 | Daily |
| IMTM · iShares Trust | 0.30% | 243,687 SH | Sept. 11, 2026 | Daily |
| QVMM · Invesco Exchange-Traded Fund Trust … | 0.29% | 91,403 SH | Oct. 2, 2026 | Daily |
| PTMC · Pacer Funds Trust | 0.28% | 72,590 NS | July 31, 2026 | N-PORT |
| ISCG · iShares Trust | 0.28% | 208,384 SH | Sept. 11, 2026 | Daily |
| EFA · iShares Trust | 0.26% | 3,778,390 SH | Sept. 11, 2026 | Daily |
| VBR · VANGUARD INDEX FUNDS | 0.25% | 9,628,909 SH | Aug. 19, 2026 | Daily |
| IWP · iShares Trust | 0.25% | 3,678,129 SH | Sept. 11, 2026 | Daily |
| BKMC · BNY Mellon ETF Trust | 0.24% | 102,258 NS | July 31, 2026 | N-PORT |
| IEFA · iShares Trust | 0.22% | 8,115,690 SH | Sept. 11, 2026 | Daily |
| GTO · Invesco Actively Managed Exchange-T… | 0.22% | 6,889,960.01 | Oct. 2, 2026 | Daily |
| MIDU · Direxion Shares ETF Trust | 0.22% | 9,713 NS | July 31, 2026 | N-PORT |
| BBMC · J.P. Morgan Exchange-Traded Fund Tr… | 0.21% | 285,489 NS | July 31, 2026 | N-PORT |
| IDEV · iShares Trust | 0.20% | 1,192,588 SH | Sept. 11, 2026 | Daily |
| ESGD · iShares Trust | 0.19% | 429,798 SH | Sept. 11, 2026 | Daily |
| DFAS · Dimensional ETF Trust | 0.17% | 1,693,858 NS | July 31, 2026 | N-PORT |
| VEA · VANGUARD TAX-MANAGED FUNDS | 0.16% | 10,727,017 SH | Aug. 19, 2026 | Daily |
| VIS · VANGUARD WORLD FUND | 0.16% | 801,928 SH | Aug. 19, 2026 | Daily |
| ACWX · iShares Trust | 0.15% | 358,026 SH | Sept. 11, 2026 | Daily |
| IOO · iShares Trust | 0.15% | 255,704 SH | Sept. 11, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.15% | 299,388 SH | Oct. 2, 2026 | Daily |
| IYC · iShares Trust | 0.15% | 130,680 SH | Sept. 11, 2026 | Daily |
| SMDX · Tidal Trust III | 0.14% | 12,122 NS | July 31, 2026 | N-PORT |
| VB · VANGUARD INDEX FUNDS | 0.14% | 15,171,503 SH | Aug. 19, 2026 | Daily |
| TEXN · iShares Trust | 0.14% | 2,029 SH | Sept. 11, 2026 | Daily |
| IXUS · iShares Trust | 0.13% | 1,488,766 SH | Sept. 11, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | 0.13% | 7,588,521 SH | Aug. 19, 2026 | Daily |
| VEU · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.13% | 2,567,629 SH | Aug. 19, 2026 | Daily |
| GTOS · Invesco Actively Managed Exchange-T… | 0.13% | 154,500 | Oct. 2, 2026 | Daily |
| VXUS · VANGUARD STAR FUNDS | 0.12% | 16,110,370 SH | Aug. 19, 2026 | Daily |
| SMMD · iShares Trust | 0.12% | 348,849 SH | Sept. 11, 2026 | Daily |
| TILT · FlexShares Trust | 0.09% | 132,246 NS | July 31, 2026 | N-PORT |
| TOK · iShares Trust | 0.07% | 2,940 SH | Sept. 11, 2026 | Daily |
| URTH · iShares, Inc. | 0.06% | 97,018 SH | Sept. 11, 2026 | Daily |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.06% | 38,826 SH | Oct. 2, 2026 | Daily |
| IWR · iShares Trust | 0.06% | 2,669,786 SH | Sept. 11, 2026 | Daily |
| ACVF · ETF Opportunities Trust | 0.06% | 5,886 NS | July 31, 2026 | N-PORT |
| ACWI · iShares Trust | 0.05% | 334,016 SH | Sept. 11, 2026 | Daily |
| INTF · iShares Trust | 0.05% | 35,420 SH | Sept. 11, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.05% | 1,032,765 SH | Aug. 19, 2026 | Daily |
| FHEQ · Fidelity Greenwood Street Trust | 0.04% | 26,207 NS | July 31, 2026 | N-PORT |
| FIDU · FIDELITY COVINGTON TRUST | 0.04% | 54,355 NS | July 31, 2026 | N-PORT |
| VFVA · VANGUARD WELLINGTON FUND | 0.03% | 13,149 SH | Aug. 19, 2026 | Daily |
| VONG · VANGUARD SCOTTSDALE FUNDS | 0.03% | 1,034,656 SH | Aug. 19, 2026 | Daily |
| DCOR · Dimensional ETF Trust | 0.03% | 60,575 NS | July 31, 2026 | N-PORT |
| IUSV · iShares Trust | 0.03% | 576,402 SH | Sept. 11, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.03% | 842,394 NS | July 31, 2026 | N-PORT |
| FBUF · Fidelity Greenwood Street Trust | 0.03% | 402 NS | July 31, 2026 | N-PORT |
| IWF · iShares Trust | 0.03% | 2,452,103 SH | Sept. 11, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.02% | 21,000,831 SH | Aug. 19, 2026 | Daily |
| VFMF · VANGUARD WELLINGTON FUND | 0.02% | 8,468 SH | Aug. 19, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.02% | 108,444 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.02% | 54,453 SH | Aug. 19, 2026 | Daily |
| WSML · iShares Trust | 0.02% | 9,838 SH | Sept. 11, 2026 | Daily |
| DFAU · Dimensional ETF Trust | 0.02% | 130,327 NS | July 31, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.01% | 190,690 NS | July 31, 2026 | N-PORT |
| IWB · iShares Trust | 0.01% | 459,358 SH | Sept. 11, 2026 | Daily |
| NEAR · iShares U.S. ETF Trust | 0.01% | 601,750 SH | Sept. 10, 2026 | Daily |
| ITOT · iShares Trust | 0.01% | 869,171 SH | Sept. 11, 2026 | Daily |
| IWV · iShares Trust | 0.01% | 179,391 SH | Sept. 10, 2026 | Daily |
| ESGV · VANGUARD WORLD FUND | 0.01% | 37,983 SH | Aug. 19, 2026 | Daily |
| DXUV · Dimensional ETF Trust | 0.01% | 1,839 NS | July 31, 2026 | N-PORT |
| FYEE · Fidelity Greenwood Street Trust | 0.00% | 439 NS | July 31, 2026 | N-PORT |
| IYY · iShares Trust | 0.00% | 7,040 SH | Sept. 2, 2026 | Daily |
| LSEQ · Harbor ETF Trust | -2.81% | -28,190 NS | July 31, 2026 | N-PORT |
| VGHY · VANGUARD FIXED INCOME SECURITIES FU… | · | · | July 15, 2026 | Daily |
| BIV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BSV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BND · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| VCRB · VANGUARD MALVERN FUNDS | · | · | July 15, 2026 | Daily |
| VPLS · VANGUARD MALVERN FUNDS | · | · | July 15, 2026 | Daily |
| VSDB · VANGUARD MALVERN FUNDS | · | · | July 15, 2026 | Daily |
| VGMS · VANGUARD MALVERN FUNDS | · | · | July 15, 2026 | Daily |
| VCSH · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VCIT · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VTC · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| BNDW · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| IJH · iShares Trust | · | 23,207,487 SH | Sept. 11, 2026 | Daily |
| IJJ · iShares Trust | · | 3,372,407 SH | Aug. 21, 2026 | Daily |
| XJH · iShares Trust | · | 90,350 SH | Sept. 8, 2026 | Daily |
| ISCB · iShares Trust | · | 29,374 SH | Sept. 11, 2026 | Daily |
AAL Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 30 analysts
BUY
Median target
$17.00
+31.4%
4 13.3%
Strong Buy
11 36.7%
Buy
14 46.7%
Hold
1 3.3%
Sell
0 0.0%
Strong Sell
12-Month Price Target
23 analysts · 2026-09-28Mean target $17.33 +33.9%
Now
Current price $12.94
Low$10.00
Mean$17.33
High$25.00
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| AAL | $10.12B | 90.2 | 0.78% | 0.20% | -2.9% | · |
| DAL | $45.80B | 9.1 | 2.8% | 7.9% | 26.1% | · |
| UAL | $36.17B | 11.0 | 3.5% | 5.7% | 23.4% | · |
| LUV | · | 52.3 | 2.1% | · | · | · |
| JOBY | $12.08B | -11.7 | 39183.1% | -1740.5% | -80.6% | · |
| ALK | $5.81B | 60.6 | 21.3% | 0.70% | 2.5% | · |
| SKYW | $8.46B | 9.7 | 15.0% | 10.5% | 16.1% | · |
| ALGT | · | -34.4 | 3.7% | · | · | · |
| JBLU | $1.68B | -2.7 | -2.3% | -6.6% | -26.6% | · |
| ULCC | $1.08B | -7.8 | -1.4% | -3.7% | -27.5% | · |
Latest News Recent headlines mentioning this company
American starts letting customers mix cash and miles for tickets
CNBC · 2 days, 4 hours ago
Can Starlink Make American Airlines a Winner?
Nasdaq · 4 months ago
Elon Musk Welcomes American Airlines To The Starlink Family
ZeroHedge · 4 months, 1 week ago
As Berkshire Buys Delta Airlines, This Billionaire Just Sold Off AAL and UAL Stocks
Yahoo Finance · 4 months, 1 week ago
United Airlines CEO confirms he approached American Airlines about merger
CNBC · 5 months, 1 week ago
Stock Market Today, April 20: Market Rebound Stumbles as Oil Disruption Continues
Nasdaq · 5 months, 2 weeks ago
United CEO Scott Kirby and American CEO Robert Isom were once colleagues known as the ‘dream team.’ Now Kirby wants to acquire his rival
Yahoo Finance · 5 months, 2 weeks ago
American Airlines Shuts Down United Merger Talk As Wells Fargo Signals Another Possible Tie-Up
ZeroHedge · 5 months, 2 weeks ago
United Airlines Floats Marriage of Giants with American amid Skyrocketing Jet Fuel Costs
Yahoo Finance · 5 months, 2 weeks ago
This Underrated Stock Is Up More Than 75% Over the Last 12 Months -- and It Could Keep Rising
Nasdaq · 5 months, 2 weeks ago
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
No open signal right now — no card is filled, and that's honest.
My Metrics Your personal watchlist — selected rows from Full Fundamentals
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Source: SEC 10-Q filed Jul 23, 2026