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American Airlines Group

SWX:A1G
Snowflake Description

Undervalued with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
A1G
SWX
$5B
Market Cap
  1. Home
  2. CH
  3. Transportation
Company description

American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. The last earnings update was 42 days ago. More info.


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A1G Share Price and Events
7 Day Returns
0%
SWX:A1G
4.1%
Europe Airlines
10.7%
CH Market
1 Year Returns
-5.3%
SWX:A1G
-44.2%
Europe Airlines
-5.9%
CH Market
A1G Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
American Airlines Group (A1G) 0% 0% 0% -5.3% - -
Europe Airlines 4.1% -38.3% -52.1% -44.2% -47% -45.8%
CH Market 10.7% -7.3% -13.9% -5.9% 2.6% -1.1%
1 Year Return vs Industry and Market
  • A1G outperformed the Airlines industry which returned -44.2% over the past year.
  • A1G matched the Switzerland Market (-5.9%) over the past year.
Price Volatility
A1G
Industry
5yr Volatility vs Market

A1G Value

 Is American Airlines Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of American Airlines Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for American Airlines Group.

SWX:A1G Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 15 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.3%
Perpetual Growth Rate 10-Year CH Government Bond Rate -0.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SWX:A1G
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CH Govt Bond Rate -0.6%
Equity Risk Premium S&P Global 5.4%
Airlines Unlevered Beta Simply Wall St/ S&P Global 0.85
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.852 (1 + (1- 21%) (643.94%))
3.803
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.55% + (2 * 5.44%)
10.33%

Discounted Cash Flow Calculation for SWX:A1G using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for American Airlines Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

SWX:A1G DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.33%)
2020 -2,115.00 Analyst x4 -1,916.98
2021 2,185.40 Analyst x5 1,795.33
2022 2,250.50 Analyst x2 1,675.71
2023 2,289.35 Est @ 1.73% 1,545.03
2024 2,313.24 Est @ 1.04% 1,414.99
2025 2,326.32 Est @ 0.57% 1,289.76
2026 2,331.69 Est @ 0.23% 1,171.70
2027 2,331.61 Est @ -0% 1,061.96
2028 2,327.70 Est @ -0.17% 960.92
2029 2,321.14 Est @ -0.28% 868.49
Present value of next 10 years cash flows $9,866.00
SWX:A1G DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $2,321.14 × (1 + -0.55%) ÷ (10.33% – -0.55%)
$21,216.63
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $21,216.63 ÷ (1 + 10.33%)10
$7,938.53
SWX:A1G Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $9,866.00 + $7,938.53
$17,804.53
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $17,804.53 / 426.06
$41.79
SWX:A1G Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in SWX:A1G represents 2.57473x of NasdaqGS:AAL
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
2.57473x
Value per Share
(Listing Adjusted, CHF)
= Value per Share (USD) x Listing Adjustment Factor
= $ 41.79 x 2.57473
CHF107.60
Value per share (CHF) From above. CHF107.60
Current discount Discount to share price of CHF31.36
= -1 x (CHF31.36 - CHF107.60) / CHF107.60
70.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price American Airlines Group is available for.
Intrinsic value
>50%
Share price is CHF31.36 vs Future cash flow value of CHF107.6
Current Discount Checks
For American Airlines Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • American Airlines Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • American Airlines Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for American Airlines Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are American Airlines Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SWX:A1G PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $3.80
NasdaqGS:AAL Share Price ** NasdaqGS (2020-03-31) in USD $12.18
Europe Airlines Industry PE Ratio Median Figure of 14 Publicly-Listed Airlines Companies 5.78x
Switzerland Market PE Ratio Median Figure of 175 Publicly-Listed Companies 16.61x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of American Airlines Group.

SWX:A1G PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:AAL Share Price ÷ EPS (both in USD)

= 12.18 ÷ 3.80

3.2x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • American Airlines Group is good value based on earnings compared to the Europe Airlines industry average.
  • American Airlines Group is good value based on earnings compared to the Switzerland market.
Price based on expected Growth
Does American Airlines Group's expected growth come at a high price?
Raw Data
SWX:A1G PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.2x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts
26.9%per year
Europe Airlines Industry PEG Ratio Median Figure of 12 Publicly-Listed Airlines Companies 0.25x
Switzerland Market PEG Ratio Median Figure of 125 Publicly-Listed Companies 1.69x

*Line of best fit is calculated by linear regression .

SWX:A1G PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 3.2x ÷ 26.9%

0.12x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • American Airlines Group is good value based on expected growth next year.
Price based on value of assets
What value do investors place on American Airlines Group's assets?
Raw Data
SWX:A1G PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $-0.28
NasdaqGS:AAL Share Price * NasdaqGS (2020-03-31) in USD $12.18
Europe Airlines Industry PB Ratio Median Figure of 19 Publicly-Listed Airlines Companies 0.76x
Switzerland Market PB Ratio Median Figure of 216 Publicly-Listed Companies 1.33x
SWX:A1G PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:AAL Share Price ÷ Book Value per Share (both in USD)

= 12.18 ÷ -0.28

-44.2x

* Primary Listing of American Airlines Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • American Airlines Group has negative assets, we can't compare the value of its assets to the Europe Airlines industry average.
X
Value checks
We assess American Airlines Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Airlines industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Airlines industry average (and greater than 0)? (1 check)
  5. American Airlines Group has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

A1G Future Performance

 How is American Airlines Group expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
26.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is American Airlines Group expected to grow at an attractive rate?
  • American Airlines Group's earnings growth is expected to exceed the low risk savings rate of -0.6%.
Growth vs Market Checks
  • American Airlines Group's earnings growth is expected to exceed the Switzerland market average.
  • American Airlines Group's revenue growth is positive but not above the Switzerland market average.
Annual Growth Rates Comparison
Raw Data
SWX:A1G Future Growth Rates Data Sources
Data Point Source Value (per year)
SWX:A1G Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts 26.9%
SWX:A1G Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 15 Analysts 1.1%
Europe Airlines Industry Earnings Growth Rate Market Cap Weighted Average 18%
Europe Airlines Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
Switzerland Market Earnings Growth Rate Market Cap Weighted Average 8.7%
Switzerland Market Revenue Growth Rate Market Cap Weighted Average 2.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SWX:A1G Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SWX:A1G Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 46,401 6,149 2,843 1
2022-12-31 47,262 5,012 1,932 6
2021-12-31 43,539 4,487 1,501 15
2020-12-31 35,317 -2,615 -1,874 15
2020-04-01
SWX:A1G Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 45,768 3,815 1,686
2019-09-30 45,393 3,931 1,596
2019-06-30 45,041 3,026 1,543
2019-03-31 44,724 3,384 1,438
2018-12-31 44,541 3,533 1,412
2018-09-30 44,214 3,254 505
2018-06-30 43,619 3,700 794
2018-03-31 43,203 4,294 1,101
2017-12-31 42,622 4,744 1,282
2017-09-30 41,800 4,934 2,154
2017-06-30 41,429 5,629 2,230
2017-03-31 40,565 6,154 2,316

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • American Airlines Group's earnings are expected to grow significantly at over 20% yearly.
  • American Airlines Group's revenue is expected to grow by 1.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SWX:A1G Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below

All data from American Airlines Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:A1G Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 6.53 6.53 6.53 1.00
2022-12-31 4.83 6.65 2.85 4.00
2021-12-31 3.48 5.86 1.74 9.00
2020-12-31 -4.26 6.13 -12.17 9.00
2020-04-01
SWX:A1G Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 3.80
2019-09-30 3.55
2019-06-30 3.39
2019-03-31 3.13
2018-12-31 3.04
2018-09-30 1.08
2018-06-30 1.67
2018-03-31 2.29
2017-12-31 2.62
2017-09-30 4.32
2017-06-30 4.38
2017-03-31 4.40

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • American Airlines Group is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess American Airlines Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
American Airlines Group has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

A1G Past Performance

  How has American Airlines Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare American Airlines Group's growth in the last year to its industry (Airlines).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • American Airlines Group's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • American Airlines Group's 1-year earnings growth exceeds its 5-year average (19.4% vs -31.8%)
  • American Airlines Group's earnings growth has exceeded the Europe Airlines industry average in the past year (19.4% vs -17%).
Earnings and Revenue History
American Airlines Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from American Airlines Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:A1G Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 45,768.00 1,686.00 1,602.00
2019-09-30 45,393.00 1,596.00 1,578.00
2019-06-30 45,041.00 1,543.00 1,549.00
2019-03-31 44,724.00 1,438.00 1,534.00
2018-12-31 44,541.00 1,412.00 1,520.00
2018-09-30 44,214.00 505.00 1,519.00
2018-06-30 43,619.00 794.00 1,525.00
2018-03-31 43,203.00 1,101.00 1,515.00
2017-12-31 42,622.00 1,282.00 1,477.00
2017-09-30 41,800.00 2,154.00 1,427.00
2017-06-30 41,429.00 2,230.00 1,375.00
2017-03-31 40,565.00 2,316.00 1,333.00
2016-12-31 40,142.00 2,584.00 1,323.00
2016-09-30 40,021.00 5,668.00 1,333.00
2016-06-30 40,134.00 6,624.00 1,350.00
2016-03-31 40,598.00 7,378.00 1,366.00
2015-12-31 40,990.00 7,610.00 1,394.00
2015-09-30 41,520.00 4,926.00 1,399.00
2015-06-30 41,953.00 4,175.00 1,426.00
2015-03-31 42,482.00 3,334.00 1,479.00
2014-12-31 42,650.00 2,882.00 1,544.00
2014-09-30 39,827.00 284.00 1,497.00
2014-06-30 35,516.00 -369.00 1,399.00
2014-03-31 30,609.00 -1,013.00 1,269.00
2013-12-31 26,712.00 -1,834.00 1,158.00
2013-09-30 25,312.00 430.00 1,109.00
2013-06-30 24,912.00 -98.00 1,092.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if American Airlines Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • American Airlines Group used its assets less efficiently than the Europe Airlines industry average last year based on Return on Assets.
  • American Airlines Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess American Airlines Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Airlines industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
American Airlines Group has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

A1G Health

 How is American Airlines Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up American Airlines Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • American Airlines Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • American Airlines Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of American Airlines Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • American Airlines Group has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from American Airlines Group Company Filings, last reported 3 months ago.

SWX:A1G Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 -118.00 23,645.00 3,826.00
2019-09-30 160.00 24,559.00 5,168.00
2019-06-30 -22.00 24,639.00 5,407.00
2019-03-31 -636.00 23,351.00 4,349.00
2018-12-31 -169.00 23,779.00 4,760.00
2018-09-30 -568.00 24,767.00 4,855.00
2018-06-30 -869.00 24,076.00 4,674.00
2018-03-31 -1,018.00 24,739.00 5,291.00
2017-12-31 -780.00 24,294.00 5,066.00
2017-09-30 3,948.00 24,684.00 5,768.00
2017-06-30 3,715.00 24,859.00 6,886.00
2017-03-31 3,457.00 24,543.00 6,676.00
2016-12-31 3,785.00 24,344.00 6,359.00
2016-09-30 4,391.00 23,343.00 6,755.00
2016-06-30 4,312.00 22,846.00 7,118.00
2016-03-31 4,710.00 21,744.00 6,930.00
2015-12-31 5,635.00 20,561.00 6,254.00
2015-09-30 3,762.00 20,561.00 8,873.00
2015-06-30 3,636.00 18,794.00 8,919.00
2015-03-31 2,764.00 18,922.00 9,173.00
2014-12-31 2,021.00 17,720.00 7,303.00
2014-09-30 4,971.00 17,090.00 7,899.00
2014-06-30 4,086.00 16,728.00 9,459.00
2014-03-31 1,095.00 17,274.00 9,664.00
2013-12-31 -2,731.00 20,632.00 9,251.00
2013-09-30 -7,922.00 11,328.00 6,763.00
2013-06-30 -8,216.00 10,460.00 6,210.00
  • American Airlines Group has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if American Airlines Group's debt level has increased considering it has negative shareholder equity.
  • Debt is not well covered by operating cash flow (16.1%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4x coverage).
X
Financial health checks
We assess American Airlines Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. American Airlines Group has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

A1G Dividends

 What is American Airlines Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.28%
Current annual income from American Airlines Group dividends. Estimated to be 2.58% next year.
If you bought CHF2,000 of American Airlines Group shares you are expected to receive CHF66 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • American Airlines Group's pays a higher dividend yield than the bottom 25% of dividend payers in Switzerland (2.11%).
  • American Airlines Group's dividend is below the markets top 25% of dividend payers in Switzerland (4.26%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SWX:A1G Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
Europe Airlines Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 9.9%
Switzerland Market Average Dividend Yield Market Cap Weighted Average of 159 Stocks 3.3%
Switzerland Minimum Threshold Dividend Yield 10th Percentile 1.3%
Switzerland Bottom 25% Dividend Yield 25th Percentile 2.1%
Switzerland Top 25% Dividend Yield 75th Percentile 4.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SWX:A1G Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 0.00 1.00
2022-12-31 0.32 7.00
2021-12-31 0.33 10.00
2020-12-31 0.33 10.00
2020-04-01
SWX:A1G Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-19 0.400 2.526
2020-01-23 0.400 1.416
2019-10-24 0.400 1.396
2019-07-25 0.400 1.449
2019-04-26 0.400 1.251
2018-10-25 0.400 1.176
2018-04-26 0.400 1.019
2017-10-26 0.400 0.787
2017-07-28 0.400 0.833
2017-04-27 0.400 0.822
2017-02-22 0.400 0.918
2017-01-27 0.400 0.873
2016-10-20 0.400 0.883
2016-07-22 0.400 1.096
2016-02-03 0.400 1.132
2015-10-23 0.400 0.946
2015-07-24 0.400 0.966
2015-04-24 0.400 0.927
2015-02-25 0.400 0.800
2015-01-27 0.400 0.811
2014-07-24 0.400 0.962

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, American Airlines Group has been paying a dividend for less than 10 years.
  • American Airlines Group has only been paying a dividend for 6 years, and since then there has been no growth.
Current Payout to shareholders
What portion of American Airlines Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (9.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be thoroughly covered by earnings (12.6x coverage).
X
Income/ dividend checks
We assess American Airlines Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can American Airlines Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. American Airlines Group has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

A1G Management

 What is the CEO of American Airlines Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Doug Parker
COMPENSATION $11,999,517
AGE 57
TENURE AS CEO 6.3 years
CEO Bio

Mr. William Douglas Parker, also known as Doug, has been the Chief Executive Officer and Chairman of American Airlines, Inc. (US) since 2013. Mr. Parker has been Chief Executive Officer of American Airlines Group Inc. since December 9, 2013 and has been its Chairman since June 03, 2014. He served as the Chief Executive Officer of US Airways Inc., a subsidiary of US Airways Group, Inc. from September 2005 to December 9, 2013. Mr. Parker served as the Chief Executive Officer of US Airways Group Inc. Mr. Parker served as the Chairman, Chief Executive Officer and President of US Airways, LLC, a subsidiary of US Airways Group from September 2001 to September 2007. Mr. Parker served as the Chairman, Chief Executive Officer and President at America West Holdings, a subsidiary of US Airways Group from September 2001 to September 2007. Mr. Parker joined America West Holdings Corp. as the Senior Vice President and Chief Financial Officer in June 1995. Mr. Parker served as the President at US Airways Inc., a subsidiary of US Airways Group Inc. from September 27, 2005 to October 1, 2006 and its Chief Executive Officer from September 2005 to December 2013. He served as an Executive Vice President of America West Holdings Corp. and Executive Vice President of Corporate Group of America West Airlines Inc. (AWA) in April 1999, overseeing the finance, planning and revenue management, sales and marketing, information systems and corporate affairs divisions. His responsibilities were expanded in 1997 to include schedule planning and revenue management. Prior to joining America West, Mr. Parker spent four years with Northwest Airlines as vice president and assistant treasurer and vice president of financial planning and analysis. He served as the President of US Airways Group Inc., from September 2001 to October 1, 2006. He served as the Chief Operating Officer of AWA (AWA is a subsidiary of US Airways Group Inc.) since December 2000. Mr. Parker served as the Chairman of US Airways Group, Inc. and its subsdiary since September 2005. He served as a Unit Chairman of US Airways Group Inc. He served as Chairman at US Airways Inc. since September 2005. He served as a Director of US Airways Group, Inc. since 1999. He has been a Director of American Airlines Group Inc. (US) since December 2013. He serves as a Director of American Airlines, Inc. He served as a Director of Arizona Public Service Co. until February 3, 2012. He served as a Director of Pinnacle West Capital Corporation from November 1, 2007 to February 3, 2012. He served as a Director of Clear Channel Outdoor Holdings Inc. from November 11, 2005 to July 16, 2008. He served as a Director of AWA. Mr. Parker received a Bachelor of Arts degree in Economics from Albion College in 1984 and an MBA from Vanderbilt University in 1986.

CEO Compensation
  • Doug's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Doug's remuneration is higher than average for companies of similar size in Switzerland.
Management Team Tenure

Average tenure and age of the American Airlines Group management team in years:

6.3
Average Tenure
54.5
Average Age
  • The average tenure for the American Airlines Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Doug Parker

TITLE
Chairman & CEO
COMPENSATION
$12M
AGE
57
TENURE
6.3 yrs

Robert Isom

TITLE
President
COMPENSATION
$7M
AGE
55
TENURE
3.7 yrs

Derek Kerr

TITLE
Executive VP & CFO
COMPENSATION
$4M
AGE
54
TENURE
6.3 yrs

Maya Leibman

TITLE
Executive VP & Chief Information Officer
COMPENSATION
$4M
AGE
52
TENURE
8.3 yrs

Steve Johnson

TITLE
Executive Vice President of Corporate Affairs
COMPENSATION
$4M
AGE
62
TENURE
6.3 yrs

David Seymour

TITLE
Senior Vice President of Operations
TENURE
0.3 yrs

Daniel Cravens

TITLE
Managing Director of Investor Relations

Bruce Wark

TITLE
VP & Deputy General Counsel
TENURE
5.5 yrs

Elise Eberwein

TITLE
Executive Vice President of People & Communications
AGE
53
TENURE
6.3 yrs

Alison Taylor

TITLE
Senior Vice President of Global Sales & Distribution
TENURE
3.6 yrs
Board of Directors Tenure

Average tenure and age of the American Airlines Group board of directors in years:

6.3
Average Tenure
61.5
Average Age
  • The tenure for the American Airlines Group board of directors is about average.
Board of Directors

Doug Parker

TITLE
Chairman & CEO
COMPENSATION
$12M
AGE
57
TENURE
5.8 yrs

Ray Robinson

TITLE
Independent Director
COMPENSATION
$306K
AGE
71
TENURE
6.3 yrs

Mike Embler

TITLE
Independent Director
COMPENSATION
$302K
AGE
55
TENURE
6.3 yrs

Matt Hart

TITLE
Independent Director
COMPENSATION
$317K
AGE
67
TENURE
6.3 yrs

Denise O’Leary

TITLE
Independent Director
COMPENSATION
$312K
AGE
61
TENURE
6.3 yrs

John Cahill

TITLE
Lead Independent Director
COMPENSATION
$348K
AGE
62
TENURE
6.3 yrs

Jim Albaugh

TITLE
Independent Director
COMPENSATION
$292K
AGE
69
TENURE
6.3 yrs

Jeff Benjamin

TITLE
Independent Director
COMPENSATION
$320K
AGE
58
TENURE
6.3 yrs

Sue Kronick

TITLE
Independent Director
COMPENSATION
$309K
AGE
67
TENURE
4.4 yrs

Marty Nesbitt

TITLE
Independent Director
COMPENSATION
$321K
AGE
57
TENURE
4.4 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by American Airlines Group individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CHF) Value (CHF)
03. Mar 20 Buy Michael Embler Individual 28. Feb 20 28. Feb 20 4,000 CHF18.71 CHF74,834
03. Mar 20 Buy John Cahill Individual 28. Feb 20 28. Feb 20 25,000 CHF18.36 CHF458,929
25. Feb 20 Buy John Cahill Individual 24. Feb 20 24. Feb 20 25,000 CHF24.56 CHF614,019
28. Oct 19 Buy James Albaugh Individual 28. Oct 19 28. Oct 19 10,000 CHF31.26 CHF312,625
30. Aug 19 Buy Robert Isom Individual 29. Aug 19 29. Aug 19 2,500 CHF25.95 CHF64,884
05. Aug 19 Sell Ray Robinson Individual 02. Aug 19 02. Aug 19 -6,930 CHF28.60 CHF-198,220
05. Aug 19 Buy Michael Embler Individual 05. Aug 19 05. Aug 19 4,000 CHF27.45 CHF109,782
05. Jun 19 Buy John Cahill Individual 04. Jun 19 04. Jun 19 25,000 CHF28.42 CHF710,504
04. Jun 19 Buy William Parker Individual 04. Jun 19 04. Jun 19 50,000 CHF27.91 CHF1,395,508
04. Jun 19 Buy Robert Isom Individual 04. Jun 19 04. Jun 19 15,000 CHF27.58 CHF413,648
04. Jun 19 Buy Stephen Johnson Individual 04. Jun 19 04. Jun 19 5,000 CHF27.54 CHF137,715
04. Jun 19 Buy Maya Leibman Individual 04. Jun 19 04. Jun 19 5,000 CHF27.46 CHF137,287
04. Jun 19 Buy Elise Eberwein Individual 04. Jun 19 04. Jun 19 5,000 CHF27.59 CHF137,952
04. Jun 19 Buy Derek Kerr Individual 04. Jun 19 04. Jun 19 5,000 CHF27.59 CHF137,952
X
Management checks
We assess American Airlines Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. American Airlines Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

A1G News

Simply Wall St News

A1G Company Info

Description

American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. It provides scheduled air transportation services for passengers and cargo. As of December 31, 2019, the company operated a mainline fleet of 942 aircraft. It serves 365 destinations in approximately 61 countries, principally from its hubs and gateways in Charlotte, Chicago, Dallas/Fort Worth, London Heathrow, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc. in December 2013. American Airlines Group Inc. was founded in 1930 and is headquartered in Fort Worth, Texas.

Details
Name: American Airlines Group Inc.
A1G
Exchange: SWX
Founded: 1930
$5,004,347,325
426,058,744
Website: http://www.aa.com
Address: American Airlines Group Inc.
1 Skyview Drive,
Fort Worth,
Texas, 76155,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS AAL Common Stock Nasdaq Global Select US USD 09. Dec 2013
DB A1G Common Stock Deutsche Boerse AG DE EUR 09. Dec 2013
XTRA A1G Common Stock XETRA Trading Platform DE EUR 09. Dec 2013
LSE 0HE6 Common Stock London Stock Exchange GB USD 09. Dec 2013
SWX A1G Common Stock SIX Swiss Exchange CH CHF 09. Dec 2013
WBAG AAL Common Stock Wiener Boerse AG AT EUR 09. Dec 2013
BMV AAL * Common Stock Bolsa Mexicana de Valores MX MXN 09. Dec 2013
ETLX A1G Common Stock Eurotlx IT EUR 09. Dec 2013
BOVESPA AALL34 BDR EA REPR 1 COM SHS USD1 Bolsa de Valores de Sao Paulo BR BRL 01. Sep 2016
Number of employees
Current staff
Staff numbers
133,700
American Airlines Group employees.
Industry
Airlines
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/01 01:16
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/03/30
Last earnings filing: 2020/02/19
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.