American Airlines Group, Inc. is an American holding company based in Fort Worth, Texas. As a holding company, several airlines are located under the umbrella of the American Airlines Group such as: American Airlines, US Airways, American Eagle, Envoy, Piedmont Airlines and PSA Airlines.
P/E ratio for American Airlines (AAL)
P/E ratio as of December 2023 (TTM): 5.46
According to American Airlines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.45749. At the end of 2022 the company had a P/E ratio of 70.7.
P/E ratio history for American Airlines from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 70.7 | -1327.62% |
| 2021 | -5.76 | 578.94% |
| 2020 | -0.8478 | -111.26% |
| 2019 | 7.53 | -27.09% |
| 2018 | 10.3 | -14.08% |
| 2017 | 12.0 | 23.53% |
| 2016 | 9.73 | 166.66% |
| 2015 | 3.65 | -72.73% |
| 2014 | 13.4 | -523.2% |
| 2013 | -3.16 | 250.98% |
| 2012 | -0.9004 | 181.13% |
| 2011 | -0.3203 | -87.92% |
| 2010 | -2.65 | 631.93% |
| 2009 | -0.3623 | 3.39% |
| 2008 | -0.3504 | -113.01% |
| 2007 | 2.69 | -85.54% |
| 2006 | 18.6 | -795.42% |
| 2005 | -2.68 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alaska Airlines
ALK | 28.3 | 418.73% | 🇺🇸 USA |
 Delta Air Lines DAL | 7.32 | 34.12% | 🇺🇸 USA |
 Southwest Airlines LUV | 33.7 | 517.92% | 🇺🇸 USA |
 United Airlines Holdings
UAL | 4.69 | -14.14% | 🇺🇸 USA |
 SkyWest SKYW | -103 | -1,986.14% | 🇺🇸 USA |
 Jetblue Airways
JBLU | -8.45 | -254.77% | 🇺🇸 USA |
 Allegiant Air
ALGT | 7.78 | 42.60% | 🇺🇸 USA |
 Spirit Airlines
SAVE | -2.90 | -153.06% | 🇺🇸 USA |
 Hawaiian Airlines HA | -3.41 | -162.40% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.