American Historical Income Statement
AAL Stock | USD 14.64 0.28 1.88% |
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
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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.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.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of American Airlines Group whose combined shares represent less than 50% of the total outstanding shares issued by American Airlines have a minority interest in American Airlines.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 closely tied 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 28.8 B.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 5.1B | 7.2B | 10.7B | 11.8B | 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 | 2.4B | 2.3B | 2.0B | 1.9B | 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 | 49.8B | 28.8B | |
Operating Income | 1.0B | (10.4B) | (5.1B) | (150M) | 3.0B | 3.2B | |
Ebit | 1.0B | (10.2B) | (748M) | 2.1B | 3.3B | 3.4B | |
Ebitda | 3.4B | (7.9B) | 1.6B | 4.1B | 5.2B | 5.5B | |
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 | 10.7B | 11.8B | |
Income Before Tax | 2.3B | (11.5B) | (2.5B) | 186M | 1.1B | 1.2B | |
Total Other Income Expense Net | 1.2B | (1.0B) | (1.5B) | (1.4B) | (1.9B) | (1.8B) | |
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 |
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Is Passenger Airlines space 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 (0.46) | Earnings Share 0.42 | Revenue Per Share 81.697 | Quarterly Revenue Growth 0.012 | Return On Assets 0.0275 |
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.