NASDAQ$AAL
American Airlines Group Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported a quarterly profit, excluding net special items, driven by the strong demand environment.
American Airlines reported a record second-quarter revenue of $13.4 billion, a 12.2% increase over the same period in 2019, despite flying 8.5% less capacity. The company achieved net income of $476 million, or $0.68 per diluted share, and ended the quarter with $15.6 billion in total available liquidity. American continues to execute its plan to pay down approximately $15 billion of total debt by the end of 2025.
- Second-quarter net income of $476 million, or $0.68 per diluted share. Excluding net special items, second-quarter net income of $533 million, or $0.76 per diluted share.
- Record second-quarter revenue of $13.4 billion, which represents a 12.2% increase over the same period in 2019, despite flying 8.5% less capacity.
- Ended the second quarter with $15.6 billion of total available liquidity.
- Company continues to execute on its plan to pay down approximately $15 billion of total debt by the end of 2025.
Headline financials
Revenue & EPS history
American Airlines · Revenue · Quarterly
$13.4B
Revenue by segment
American Airlines · $13.4B total across 3 segments · Q2 2022
- Passenger$12.2B—91.1%
- Other$871M—6.5%
- Cargo$328M—2.4%
Forward guidance
Based on current trends, the company expects its third-quarter total revenue to be 10% to 12% higher versus the third quarter of 2019 on 8% to 10% lower capacity. Based on these demand trends and the current fuel price forecast, the company expects to be profitable in the third quarter.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.2%
Avg return
Earnings day
-0.9%
Avg return
5 days after
+0.7%
Avg return
30 days after
51%
35 / 69 earnings
Positive
+10.5%
Q4 2018
Best reaction
-15.8%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.1% | +1.2% | +20.3% | |
| Q4 2025 | -6.6% | -8.7% | -4.3% | |
| Q3 2025 | +3.8% | +5.1% | +6.5% | |
| Q2 2025 | -2.2% | +0.8% | -1.5% | |
| Q1 2025 | +3.1% | +6.2% | +20.1% | |
| Q4 2024 | -8.7% | -8.1% | -18.4% | |
| Q3 2024 | +2.5% | +7.7% | +12.1% | |
| Q2 2024 | +4.4% | +5.8% | +2.2% | |
| Q1 2024 | -0.3% | -2.9% | -0.6% | |
| Q4 2023 | +8.6% | +4.3% | +8.6% | |
| Q3 2023 | -2.5% | -1.3% | +8.2% | |
| Q2 2023 | -6.3% | -10.5% | -19.1% | |
| Q1 2023 | +7.1% | +8.1% | +12.6% | |
| Q4 2022 | +1.0% | -0.7% | -4.3% | |
| Q3 2022 | -2.0% | +2.1% | +0.4% | |
| Q2 2022 | -10.1% | -11.7% | -6.8% | |
| Q1 2022 | +3.6% | -3.6% | -16.5% | |
| Q4 2021 | -5.8% | -1.6% | -0.4% | |
| Q3 2021 | -1.9% | -0.7% | -1.2% | |
| Q2 2021 | -0.9% | +0.3% | -13.6% | |
| Q1 2021 | +0.5% | +3.6% | +7.4% | |
| Q4 2020 | +3.7% | +0.2% | +26.4% | |
| Q3 2020 | -1.1% | -11.9% | -1.7% | |
| Q2 2020 | +0.3% | +3.6% | +7.0% | |
| Q1 2020 | -15.8% | -24.7% | -16.9% | |
| Q4 2019 | +1.2% | -1.5% | +1.8% | |
| Q3 2019 | +9.1% | +9.3% | +1.4% | |
| Q2 2019 | -9.7% | -11.2% | -26.5% | |
| Q1 2019 | +1.1% | +1.5% | -12.7% | |
| Q4 2018 | +10.5% | +14.7% | +12.1% | |
| Q3 2018 | +7.0% | +14.2% | +25.1% | |
| Q2 2018 | +3.9% | +3.5% | +1.6% | |
| Q1 2018 | -4.1% | -4.2% | -0.8% | |
| Q4 2017 | -3.1% | -4.0% | -2.6% | |
| Q3 2017 | -6.8% | -8.2% | -4.8% | |
| Q2 2017 | +0.9% | +0.9% | -9.5% | |
| Q1 2017 | -8.1% | -5.5% | +5.0% | |
| Q4 2016 | -9.5% | -11.2% | -6.7% | |
| Q3 2016 | -1.8% | -2.3% | +13.9% | |
| Q2 2016 | +2.4% | +3.5% | +4.4% | |
| Q1 2016 | -7.5% | — | — | |
| Q4 2015 | +3.3% | — | — | |
| Q3 2015 | +1.0% | — | — | |
| Q2 2015 | -5.8% | — | — | |
| Q1 2015 | +0.8% | — | — | |
| Q4 2014 | -8.7% | — | — | |
| Q3 2014 | +7.5% | — | — | |
| Q2 2014 | -3.8% | — | — | |
| Q1 2014 | -2.9% | — | — | |
| Q4 2013 | +9.3% | — | — | |
| Q3 2013 | +3.2% | — | — | |
| Q2 2013 | +2.3% | — | — | |
| Q1 2013 | -1.8% | — | — | |
| Q4 2012 | +9.3% | — | — | |
| Q3 2012 | +2.8% | — | — | |
| Q2 2012 | +1.7% | — | — | |
| Q1 2012 | -1.6% | — | — | |
| Q4 2011 | +1.1% | — | — | |
| Q3 2011 | -0.2% | — | — | |
| Q2 2011 | -1.6% | — | — | |
| Q1 2010 | -1.5% | — | — | |
| Q1 2011 | -2.1% | — | — | |
| Q4 2008 | -1.6% | — | — | |
| Q4 2010 | -1.6% | — | — | |
| Q3 2009 | +6.5% | — | — | |
| Q3 2010 | +6.5% | — | — | |
| Q2 2009 | +10.4% | — | — | |
| Q2 2010 | +10.4% | — | — | |
| Q4 2009 | +10.4% | — | — |
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