Filing Flows › American Airlines Group (AAL) › Guidance history
American Airlines Group (AAL) guidance history: what it guided and what it reported
American Airlines Group gave guidance in 12 earnings releases on file since Jan 25, 2024. Of 2 guided periods since reported, it met or beat its own guidance once (50%). Revenue: 1 of 1, on average +2.3% against the guided midpoint. Its releases raised guidance 0 times and lowered it once.
Revenue
Met or beat 1 of 1 periods (1 above, 0 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $16.3B (Oct 22, 2026) | — | to be reported | — |
| FY2024 | $53.0B (Jan 25, 2024) | $54.2B | above the range | +2.3% |
GAAP operating margin
Met or beat 0 of 1 periods (0 above, 0 within, 1 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | 8.3% (Jan 23, 2025) | 2.7% | below the range | -5.6 pts |
Adjusted operating margin
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | 8.4% (Jan 23, 2025) | — | — | — |
Tax rate
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 25.0% (Jan 27, 2026) | — | to be reported | — |
Free cash flow
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $2.0B (Jan 27, 2026) | — | to be reported | — |
| FY2025 | $1.0B (Oct 23, 2025) | — | — | — |
Adjusted EPS
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $4.00 (Oct 22, 2026) | — | to be reported | — |
| Q3 2026 | $3.00 (Jul 23, 2026) | — | — | — |
| Q2 2026 | −$0.20–$0.20 (Apr 23, 2026) | — | — | — |
| Q1 2026 | $3.00 (Jan 27, 2026) | — | — | — |
| FY2026 | $1.70–$2.70 (Jan 27, 2026) → lowered −$0.65–$0.65 (Jul 23, 2026) | — | to be reported | — |
| Q4 2025 | $0.45–$0.75 (Oct 23, 2025) | — | — | — |
| Q3 2025 | −$0.60–−$0.10 (Jul 24, 2025) | — | — | — |
| Q2 2025 | $0.50–$1.00 (Apr 24, 2025) | — | — | — |
| FY2025 | $1.70–$2.70 (Jan 23, 2025) → lowered −$0.20–$0.80 (Jul 24, 2025) → raised $0.65–$0.95 (Oct 23, 2025) | — | — | — |
| Q1 2025 | −$0.40–−$0.20 (Jan 23, 2025) | — | — | — |
The latest quarter
American Airlines Group, Q3 2026: revenue $16.3B (+19% year over year), operating margin 0.7%, net loss $269M, operating cash flow −$153M. The chart follows the revenue to costs, profit and cash.
Questions
Does American Airlines Group beat its guidance?
American Airlines Group gave guidance in 12 earnings releases on file since Jan 25, 2024. Of 2 guided periods since reported, it met or beat its own guidance once (50%). Revenue: 1 of 1, on average +2.3% against the guided midpoint.
How often does American Airlines Group raise guidance?
Its earnings releases raised guidance 0 times and lowered it once since Jan 25, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.