Filing Flows › American Airlines Group (AAL) › Q4 2024
American Airlines Group (AAL) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 19, 2025
American Airlines Group (AAL) reported revenue of $13.7B for the fourth quarter 2024 (Q4 2024), +5% from a year earlier and +0.1% from the quarter before. Operating margin was 8.3%, net earnings $590M (4.3% of revenue).
American Airlines Group, Q4 2024: revenue $13.7B (+5% year over year), operating margin 8.3%, net earnings $590M, operating cash flow $398M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.7B | +0.1% | +5% |
| Operating profit | $1.1B | 13× | +73% |
| Net earnings | $590M | — | 31× |
| Operating cash flow | $398M | +44% | — |
What changed
Revenue was $13.7B in Q4 2024, up 5% year over year and roughly flat from the previous quarter. Passenger travel was the largest line at 84% of revenue.
Operating profit was $1.1B, a 8.3% margin (up 3.3 points year over year). Of the extra revenue versus a year earlier, 80% reached operating profit, above the 5% margin then. Total costs grew 1% against revenue growth of 5%. Net earnings were $0.59B, up 3005% year over year. The effective tax rate was 25.8%.
Operating cash flow was $0.40B, 67% of net earnings. Non-cash charges added back $0.50B of depreciation and amortization. Working capital and other items used $0.69B. Capital expenditures of $0.74B exceeded it, leaving free cash flow of −$0.34B.
Questions
What was American Airlines Group's revenue in the fourth quarter 2024?
American Airlines Group (AAL) reported revenue of $13.7B for the fourth quarter 2024 (Q4 2024), +5% from a year earlier and +0.1% from the quarter before.
Was American Airlines Group profitable in the fourth quarter 2024?
Operating profit was $1.1B (8.3% of revenue) and net earnings $590M.