American Historical Income Statement
AAL Stock | USD 13.92 0.31 2.18% |
Historical analysis of American Airlines income statement accounts such as Interest Expense of 2.3 B, Total Revenue of 55.4 B or Gross Profit of 8.5 B can show how well American Airlines Group performed in making a profits. Evaluating American Airlines income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of American Airlines's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining American Airlines latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether American Airlines is a good buy for the upcoming year.
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About American Income Statement Analysis
American Airlines Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to American Airlines shareholders. The income statement also shows American investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
American Airlines Income Statement Chart
American Airlines Group Income Statement is one of the three primary financial statements used for reporting American's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of American Airlines revenue and expense. American Airlines Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, American Airlines' EBITDA is quite stable compared to the past year. Cost Of Revenue is expected to rise to about 43 B this year, although the value of Other Operating Expenses will most likely fall to about 28.7 B. Add Fundamental
Total Revenue
Total revenue comprises all receipts American Airlines generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of American Airlines. It is also known as American Airlines overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from American Airlines operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of American Airlines Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Cost Of Revenue
Cost of Revenue is found on American Airlines income statement and represents the costs associated with goods and services American Airlines provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from American Airlines' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into American Airlines current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Airlines Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At this time, American Airlines' EBITDA is quite stable compared to the past year. Cost Of Revenue is expected to rise to about 43 B this year, although the value of Other Operating Expenses will most likely fall to about 28.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 5.1B | 7.2B | 7.8B | 8.5B | Cost Of Revenue | 29.9B | 39.9B | 41.0B | 43.0B |
American Airlines income statement Correlations
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American Airlines Account Relationship Matchups
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American Airlines income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 2.3B | 195M | 4.3B | 2.3B | 2.3B | 2.6B | |
Interest Expense | 1.1B | 1.2B | 1.8B | 2.0B | 2.1B | 2.3B | |
Total Revenue | 45.8B | 17.3B | 29.9B | 49.0B | 52.8B | 55.4B | |
Gross Profit | 10.4B | (7.6B) | 27M | 9.0B | 11.8B | 8.5B | |
Other Operating Expenses | 42.1B | 28.4B | 34.9B | 47.2B | 48.8B | 28.7B | |
Operating Income | 1.0B | (10.4B) | (5.1B) | (150M) | 4.0B | 4.2B | |
Ebit | 1.0B | (10.4B) | (5.1B) | (150M) | 4.0B | 4.2B | |
Ebitda | 3.4B | (10.2B) | (748M) | 2.1B | 6.3B | 6.6B | |
Cost Of Revenue | 35.4B | 24.9B | 29.9B | 39.9B | 41.0B | 43.0B | |
Total Operating Expenses | 6.7B | 3.5B | 5.1B | 7.2B | 7.8B | 8.5B | |
Income Before Tax | 2.3B | (11.5B) | (2.5B) | 186M | 1.1B | 1.2B | |
Total Other Income Expense Net | 1.2B | (1.0B) | 2.5B | 336M | (2.9B) | (2.7B) | |
Net Income | 1.7B | (8.9B) | (2.0B) | 127M | 822M | 863.1M | |
Income Tax Expense | 570M | (2.6B) | (555M) | 59M | 299M | 314.0M | |
Selling General Administrative | 1.6B | 513M | 1.1B | 1.8B | 1.8B | 1.7B | |
Selling And Marketing Expenses | 1.6B | 513M | 1.1B | 1.8B | 1.8B | 1.3B | |
Tax Provision | 570M | (2.6B) | (555M) | 59M | 299M | 314.0M | |
Net Interest Income | (968M) | (1.2B) | (1.8B) | (1.7B) | (1.6B) | (1.6B) | |
Interest Income | 127M | 41M | 18M | 216M | 591M | 620.6M | |
Net Income From Continuing Ops | 1.7B | (8.9B) | (2.0B) | 127M | 822M | 863.1M | |
Reconciled Depreciation | 2.3B | 2.4B | 2.3B | 2.3B | 2.3B | 2.5B | |
Net Income Applicable To Common Shares | 1.7B | (8.9B) | (2.0B) | 127M | 114.3M | 120.0M |
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 instruments. 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Airlines Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
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When running American Airlines' price analysis, check to measure American Airlines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Airlines is operating at the current time. Most of American Airlines' value examination focuses on studying past and present price action to predict the probability of American Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Airlines' price. Additionally, you may evaluate how the addition of American Airlines to your portfolios can decrease your overall portfolio volatility.
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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.