American Airlines Group (MIL:1AAL) Cyclically Adjusted Revenue per Share: €75.84 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:1AAL American Airlines Group Inc MIL:1AAL
52 GF Score
Price €13.31
GF Value €13.25
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is American Airlines Group Cyclically Adjusted Revenue per Share?

American Airlines Group MIL:1AAL -0.19% 52 Cyclically Adjusted Revenue per Share is €75.84 as of Mar. 2026. GuruFocus rates MIL:1AAL with a GF Score™ of 52/100 and a GF Value™ of €13.25 (Fairly Valued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

American Airlines Group's adjusted revenue per share for the three months ended in Mar. 2026 was €18.201. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €75.84 for the trailing ten years ended in Mar. 2026.

During the past 12 months, American Airlines Group's average Cyclically Adjusted Revenue Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -4.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -7.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of American Airlines Group was 2.60% per year. The lowest was -12.40% per year. And the median was -4.40% per year.

As of today (2026-07-22), American Airlines Group's current stock price is €13.312. American Airlines Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €75.84. American Airlines Group's Cyclically Adjusted PS Ratio of today is 0.18.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of American Airlines Group was 0.39. The lowest was 0.07. And the median was 0.19.


American Airlines Group  (MIL:1AAL) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

American Airlines Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=13.312/75.84
=0.18

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of American Airlines Group was 0.39. The lowest was 0.07. And the median was 0.19.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


American Airlines Group Cyclically Adjusted Revenue per Share Related Terms


American Airlines Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for American Airlines Group's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

American Airlines Group Cyclically Adjusted Revenue per Share Chart

American Airlines Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 75.75 83.00 75.30

American Airlines Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 79.62 75.01 74.70 75.30 75.84

MIL:1AAL vs CPA, ALK, SKYW: Cyclically Adjusted Revenue per Share Comparison

For the Airlines subindustry, American Airlines Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Airlines Group Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, American Airlines Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where American Airlines Group's Cyclically Adjusted PS Ratio falls into.


MIL:1AAL
52GF Score
American Airlines Group Inc MIL:1AAL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

American Airlines Group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, American Airlines Group's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=18.201/330.2130*330.2130
=18.201

Current CPI (Mar. 2026) = 330.2130.

American Airlines Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 16.294 241.018 22.324
201609 17.860 241.428 24.428
201612 17.833 241.432 24.391
201703 18.081 243.801 24.490
201706 20.269 244.955 27.324
201709 18.905 246.819 25.293
201712 18.704 246.524 25.054
201803 17.773 249.554 23.517
201806 21.451 251.989 28.110
201809 21.465 252.439 28.078
201812 20.814 251.233 27.357
201903 20.658 254.202 26.835
201906 23.754 256.143 30.623
201909 24.447 256.759 31.441
201912 23.371 256.974 30.032
202003 18.102 258.115 23.158
202006 3.359 257.797 4.303
202009 5.292 260.280 6.714
202012 5.789 260.474 7.339
202103 5.305 264.877 6.614
202106 9.456 271.696 11.493
202109 10.572 274.310 12.727
202112 12.860 278.802 15.231
202203 12.441 287.504 14.289
202206 17.671 296.311 19.693
202209 18.990 296.808 21.127
202212 18.580 296.797 20.672
202303 17.336 301.836 18.966
202306 18.034 305.109 19.518
202309 19.312 307.789 20.719
202312 16.663 306.746 17.938
202403 17.633 312.332 18.642
202406 18.487 314.175 19.431
202409 18.703 315.301 19.588
202412 14.353 315.605 15.017
202503 17.620 319.799 18.194
202506 18.895 322.561 19.343
202509 17.664 324.800 17.958
202512 18.063 324.054 18.406
202603 18.201 330.213 18.201

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €75.84 mean?
American Airlines Group (MIL:1AAL) has a Cyclically Adjusted Revenue per Share of €75.84 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on American Airlines Group and its competitors.
Is American Airlines Group's Cyclically Adjusted Revenue per Share too high?
American Airlines Group's current Cyclically Adjusted Revenue per Share is €75.84. Overall, American Airlines Group has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does American Airlines Group's Cyclically Adjusted Revenue per Share compare to CPA and ALK?
American Airlines Group's Cyclically Adjusted Revenue per Share of €75.84 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Transportation company?
A good Cyclically Adjusted Revenue per Share depends on the Transportation industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on American Airlines Group and its competitors. American Airlines Group's current Cyclically Adjusted Revenue per Share is €75.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Airlines Group stock overvalued right now?
Based on GuruFocus' analysis, American Airlines Group (MIL:1AAL) is currently considered Fairly Valued. The stock's GF Value™ is €13.25, compared to a current price of €13.31 — trading 0.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €75.84. American Airlines Group's overall GF Score™ is 52/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For American Airlines Group (MIL:1AAL), the current Cyclically Adjusted Revenue per Share is €75.84 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is American Airlines Group (MIL:1AAL) Overvalued in 2026?

Based on GuruFocus' analysis, American Airlines Group stock appears to be overvalued. The current stock price of €13.31 is trading 0.5% above its estimated GF Value™ of €13.25. GuruFocus considers American Airlines Group to be Fairly Valued.

Key valuation signals for MIL:1AAL:

  • Cyclically Adjusted Revenue per Share: €75.84
  • GF Value™: €13.25 vs. price of €13.31 (0.5% above fair value)
  • GF Score™: 52/100 with 3 warning signs

No single metric tells the full story. See the MIL:1AAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


American Airlines Group Business Description

Address 1 Skyview Drive, Fort Worth, TX, USA, 76155
American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major US hubs are Dallas/Fort Worth, Charlotte, Chicago, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of US airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest average fleet of US legacy carriers.
52GF Score

Get the complete analysis for MIL:1AAL

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€13.31
Price
€13.25
GF Value