American Gross Profit from 2010 to 2024

AAL Stock  USD 14.11  0.15  1.07%   
American Airlines Gross Profit yearly trend continues to be quite stable with very little volatility. The value of Gross Profit is projected to decrease to about 8.5 B. Gross Profit is the profit American Airlines Group makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1985-09-30
Previous Quarter
3.2 B
Current Value
2.6 B
Quarterly Volatility
1.4 B
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check American Airlines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.6 B, Interest Expense of 2.3 B or Total Revenue of 55.4 B, as well as many exotic indicators such as Short Term Coverage Ratios of 0.73, Price Earnings Ratio of 12.63 or Price To Sales Ratio of 0.14. American financial statements analysis is a perfect complement when working with American Airlines Valuation or Volatility modules.
  
This module can also supplement American Airlines' financial leverage analysis and stock options assessment as well as various American Airlines Technical models . Check out the analysis of American Airlines Correlation against competitors.

Latest American Airlines' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of American Airlines Group over the last few years. Gross profit is a required income statement account that reflects total revenue of American Airlines Group minus its cost of goods sold. It is profit before American Airlines operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. American Airlines' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in American Airlines' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 11.44 B10 Years Trend
Very volatile
   Gross Profit   
       Timeline  

American Gross Profit Regression Statistics

Arithmetic Mean7,507,625,504
Coefficient Of Variation77.15
Mean Deviation4,481,297,003
Median10,051,000,000
Standard Deviation5,792,335,655
Sample Variance33551152.3T
Range20.6B
R-Value(0.04)
Mean Square Error36080860.8T
R-Squared0
Significance0.89
Slope(48,731,864)
Total Sum of Squares469716132.8T

American Gross Profit History

20248.5 B
202311.8 B
2022B
202127 M
2020-7.6 B
201910.4 B
201810.1 B

Other Fundumenentals of American Airlines

American Airlines Gross Profit component correlations

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-0.350.050.36-0.380.190.13-0.27-0.06-0.33-0.38-0.180.15-0.11-0.520.13-0.02-0.1-0.5-0.28-0.43-0.55-0.310.86-0.23-0.83-0.250.29
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0.38-0.03-0.550.73-0.450.290.00.050.680.530.610.420.750.62-0.270.230.110.660.82-0.68-0.310.82-0.250.760.73-0.760.47
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0.120.03-0.260.39-0.240.25-0.220.010.390.10.480.420.530.06-0.170.310.050.220.6-0.780.290.540.470.460.73-0.03-0.79
Click cells to compare fundamentals

About American Airlines Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include American Airlines income statement, its balance sheet, and the statement of cash flows. American Airlines investors use historical funamental indicators, such as American Airlines's Gross Profit, to determine how well the company is positioned to perform in the future. Although American Airlines investors may use each financial statement separately, they are all related. The changes in American Airlines's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on American Airlines's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on American Airlines Financial Statements. Understanding these patterns can help to make the right decision on long term investment in American Airlines. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Gross Profit11.8 B8.5 B
Gross Profit Margin 0.22  0.39 

Pair Trading with American Airlines

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Airlines position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Airlines will appreciate offsetting losses from the drop in the long position's value.

Moving against American Stock

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The ability to find closely correlated positions to American Airlines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Airlines when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Airlines - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Airlines Group to buy it.
The correlation of American Airlines is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Airlines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Airlines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Airlines can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether American Airlines is a strong investment it is important to analyze American Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Airlines' future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out the analysis of American Airlines Correlation against competitors.
Note that the American Airlines information on this page should be used as a complementary analysis to other American Airlines' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is American Airlines' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Airlines. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.97)
Earnings Share
1.21
Revenue Per Share
80.764
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0396
The market value of American Airlines is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Airlines' value that differs from its market value or its book value, called intrinsic value, which is American Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Airlines' market value can be influenced by many factors that don't directly affect American Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Airlines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.