American Airlines Group (XSWX:AAL) Debt-to-Equity: -8.56 (As of Mar. 2026)

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XSWX:AAL American Airlines Group Inc XSWX:AAL
80 GF Score
Price CHF12.23
GF Value CHF12.40
! 5 Warning Signs
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What is American Airlines Group Debt-to-Equity?

American Airlines Group XSWX:AAL -4.97% 80 Debt-to-Equity is -8.56 as of Mar. 2026. GuruFocus rates XSWX:AAL with a GF Score™ of 80/100 and a GF Value™ of CHF12.40. The stock has 5 warning signs investors should review. Among 910 Transportation companies, American Airlines Group ranks worse than 109890% on this metric.

American Airlines Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was CHF4,415 Mil. American Airlines Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was CHF23,055 Mil. American Airlines Group's Total Stockholders Equity for the quarter that ended in Mar. 2026 was CHF-3,210 Mil. American Airlines Group's debt to equity for the quarter that ended in Mar. 2026 was -8.56.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for American Airlines Group's Debt-to-Equity or its related term are showing as below:

XSWX:AAL' s Debt-to-Equity Range Over the Past 10 Years
Min: -1579.46   Med: -7.92   Max: 215.25
Current: -8.56

During the past 13 years, the highest Debt-to-Equity Ratio of American Airlines Group was 215.25. The lowest was -1579.46. And the median was -7.92.

XSWX:AAL's Debt-to-Equity is not ranked
in the Transportation industry.
Industry Median: 0.53 vs XSWX:AAL: -8.56

American Airlines Group  (XSWX:AAL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


American Airlines Group Debt-to-Equity Related Terms


American Airlines Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for American Airlines Group's Debt-to-Equity 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 Debt-to-Equity Chart

American Airlines Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.29 -7.53 -7.82 -9.46 -9.90

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
Debt-to-Equity 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 -8.12 -9.61 -9.10 -9.90 -8.56

XSWX:AAL vs CPA, ALK, SKYW: Debt-to-Equity Comparison

For the Airlines subindustry, American Airlines Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, American Airlines Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where American Airlines Group's Debt-to-Equity falls into.


XSWX:AAL
80GF Score
American Airlines Group Inc XSWX:AAL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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American Airlines Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

American Airlines Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

American Airlines Group's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -8.56 mean?
American Airlines Group (XSWX:AAL) has a Debt-to-Equity of -8.56 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on American Airlines Group and its competitors. According to the industry distribution chart, American Airlines Group ranks #999999 out of 910 companies in the Transportation industry.
Is American Airlines Group's Debt-to-Equity too high?
American Airlines Group's current Debt-to-Equity is -8.56. Based on the distribution chart, American Airlines Group ranks #999999 out of 910 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, American Airlines Group has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does American Airlines Group's Debt-to-Equity compare to CPA and ALK?
According to the Transportation industry distribution chart, American Airlines Group ranks #999999 out of 910 companies for Debt-to-Equity. This places American Airlines Group in the lower half of its industry. The industry median Debt-to-Equity is 0.53. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 910 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on American Airlines Group and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Airlines Group's current Debt-to-Equity is -8.56. 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?
American Airlines Group (XSWX:AAL) has a current Debt-to-Equity of -8.56. The stock's GF Value™ is CHF12.40, compared to a current price of CHF12.23 — trading 1.3% below its estimated fair value. The current Debt-to-Equity is -8.56. American Airlines Group's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For American Airlines Group (XSWX:AAL), the current Debt-to-Equity is -8.56 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 (XSWX:AAL) Overvalued in 2026?

Based on GuruFocus' analysis, American Airlines Group stock appears to be undervalued. The current stock price of CHF12.23 is trading 1.3% below its estimated GF Value™ of CHF12.40.

Key valuation signals for XSWX:AAL:

  • Debt-to-Equity: -8.56
  • GF Value™: CHF12.40 vs. price of CHF12.23 (1.3% below fair value)
  • GF Score™: 80/100 with 5 warning signs

No single metric tells the full story. See the XSWX:AAL 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.
80GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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