PerpEquities

Equity

AAL perpetual futures

American Airlines Group Inc. tracked across crypto venues with normalized contract specs.

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Price chart

17.88 1.93%
17.9018.0018.1018.20
01:39 PM02:34 PM03:30 PM04:25 PM05:20 PM
24/7 perp mark · BingX (AAL-USDT)
Auto: market closed → highest-volume perp venue

Trading data

Perpetual market activity

3/3 live markets
Venues
3
Live markets
3/3
24h volume
$390k
Open interest
$8k
Best liquidity
$445k
Bitget
Tightest spread
+7.2 bps
Bitget
Highest volume
$217k
BingX
Settlement mix
USDT · 3/3

Best Liquidity

AAL

Tightest Spread

AAL

Highest Volume

AAL

Venue Matrix

3 markets
Trade
BingXTradeAAL-USDTtrading17.910-4.38%+16.7 bps$324k$217k$327USDT-
BitgetTradeAAL/USDTtrading17.920+0.00%+7.2 bps$445k$168k$4kUSDT20x
Gate.ioTradeAAL/USDTtrading17.906+10.95%+161.7 bps$50k$5k$3kUSDT20x

Company data

Company fundamentals

Updated 4h ago
Market cap
$12.1B
Updated 4h ago
Revenue
$56.0B
Trailing 12 months
Net income
$202.0M
Trailing 12 months
Free cash flow
$1.1B
Trailing 12 months
Profit margin
0.4%
P/E
59.1
P/S
0.2
Revenue estimate
$62.4B
Next fiscal year
Revenue growth
+14%
Next fiscal year

Fundamental detail

Annual + quarterly
Latest revenue$54.6B
Net margin+0.2%
Free cash flow$-680.0M
Net debt$34.3B
2020$17.3B
2021$29.9B
2022$49.0B
2023$52.8B
2024$54.2B
2025$54.6B
PeriodRevenueGrowthNet incomeFCF
2020$17.3B-62%$-8.9B$-8.7B
2021$29.9B+72%$-2.0B$496.0M
2022$49.0B+64%$127.0M$-373.0M
2023$52.8B+8%$822.0M$1.2B
2024$54.2B+3%$846.0M$1.3B
2025$54.6B+1%$111.0M$-680.0M
PeriodGross marginOperating marginNet marginROEROA
2020-41.7%-60.1%-51.2%+129.4%-14.3%
2021+0.1%-3.5%-6.7%+27.2%-3.0%
2022+18.5%+3.3%+0.3%-2.2%+0.2%
2023+22.4%+5.7%+1.6%-15.8%+1.3%
2024+21.1%+4.8%+1.6%-21.3%+1.4%
2025+19.2%+2.7%+0.2%-3.0%+0.2%
PeriodCashDebtNet debtCurrent ratio
2020$245.0M$41.0B$40.8B0.67
2021$273.0M$46.2B$45.9B0.91
2022$440.0M$43.7B$43.2B0.71
2023$578.0M$40.7B$40.1B0.62
2024$804.0M$37.5B$36.7B0.54
2025$1.7B$36.0B$34.3B0.50
PeriodMarket capEnterprise valueP/SP/E
2020$7.6B$48.4B0.4-0.9
2021$11.6B$57.5B0.4-5.8
2022$8.3B$51.5B0.263.6
2023$9.0B$49.1B0.210.9
2024$11.5B$48.2B0.213.5
2025$10.1B$44.4B0.290.2
Q2 2024$14.3B
Q3 2024$13.6B
Q4 2024$13.7B
Q1 2025$12.6B
Q2 2025$14.4B
Q3 2025$13.7B
Q4 2025$14.0B
Q1 2026$13.9B
PeriodRevenueGrowthNet incomeFCF
Q2 2024$14.3B+2%$717.0M$477.0M
Q3 2024$13.6B+1%$-149.0M$-191.0M
Q4 2024$13.7B+5%$590.0M$-342.0M
Q1 2025$12.6B-0%$-473.0M$1.6B
Q2 2025$14.4B+0%$599.0M$464.0M
Q3 2025$13.7B+0%$-114.0M$-872.0M
Q4 2025$14.0B+2%$99.0M$-1.9B
Q1 2026$13.9B+11%$-382.0M$3.4B
PeriodGross marginOperating marginNet marginROEROA
Q2 2024+24.3%+9.7%+5.0%-15.1%+1.1%
Q3 2024+20.4%+0.7%-1.1%+3.1%-0.2%
Q4 2024+23.3%+8.3%+4.3%-14.8%+1.0%
Q1 2025+15.0%-2.2%-3.8%+10.5%-0.8%
Q2 2025+23.7%+7.9%+4.2%-15.5%+0.9%
Q3 2025+17.3%+1.1%-0.8%+2.9%-0.2%
Q4 2025+20.0%+3.2%+0.7%-2.7%+0.2%
Q1 2026+26.0%-0.3%-2.7%+9.4%-0.6%
PeriodCashDebtNet debtCurrent ratio
Q2 2024$605.0M$39.4B$38.8B0.60
Q3 2024$834.0M$39.2B$38.3B0.57
Q4 2024$804.0M$37.5B$36.7B0.54
Q1 2025$835.0M$36.6B$35.8B0.52
Q2 2025$833.0M$37.2B$36.4B0.58
Q3 2025$835.0M$36.1B$35.2B0.54
Q4 2025$1.7B$36.0B$34.3B0.50
Q1 2026$903.0M$34.9B$34.0B0.49
PeriodMarket capEnterprise valueP/SP/E
Q2 2024$7.3B$46.1B0.52.5
Q3 2024$7.4B$45.7B0.5-12.2
Q4 2024$11.5B$48.2B0.84.8
Q1 2025$7.0B$42.7B0.6-3.7
Q2 2025$7.4B$43.8B0.53.1
Q3 2025$7.4B$42.7B0.5-16.5
Q4 2025$10.1B$44.4B0.725.6
Q1 2026$7.1B$41.1B0.5-4.6

Refreshed 4h ago

Research data

Estimates, events and peers

Estimates

6 periods
FY 2026$62.4B+14%14 analysts
FY 2027$65.0B+19%16 analysts
FY 2028$68.4B+25%16 analysts
FY 2029$72.1B+32%15 analysts
FY 2030$78.7B+44%15 analysts
Q1 2028$16.3B+17%4 analysts

Events

Earnings · dividends · splits
2026-07-23EarningsRevenue est. $16.7B
2026-04-23EarningsRevenue est. $13.8B
2026-01-27EarningsRevenue est. $14.0B
2025-10-23EarningsRevenue est. $13.6B
2025-07-24EarningsRevenue est. $14.3B
2025-04-24EarningsRevenue est. $12.5B

Peer comparison

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