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Dec 31, 2022

American Airlines Q4 2022 Earnings Report

American Airlines reported record fourth-quarter revenue and a third consecutive quarterly profit.

Key Takeaways

American Airlines reported a strong fourth quarter with record revenue of $13.2 billion, a 16.6% increase over 2019, and net income of $803 million, or $1.14 per diluted share. The company ended the year with $12 billion of total available liquidity and continues to execute on its plan to pay down $15 billion of total debt by the end of 2025.

Reported fourth-quarter net income of $803 million, or $1.14 per diluted share.

Achieved record fourth-quarter revenue of $13.2 billion, a 16.6% increase over the same period in 2019.

Ended the year with $12 billion of total available liquidity.

Continued to execute on its plan to pay down $15 billion of total debt by the end of 2025.

Total Revenue
$13.2B
Previous year: $9.43B
+39.9%
EPS
$1.17
Previous year: -$1.42
-182.4%
Yield
$21.9
Previous year: $17.1
+28.2%
Total Revenue per ASM
$20
Previous year: $15.4
+29.6%
Average Fuel Price
$3.5
Previous year: $2.36
+48.3%
Gross Profit
$3.26B
Previous year: $764M
+326.2%
Cash and Equivalents
$586M
Previous year: $408M
+43.6%
Total Assets
$64.7B
Previous year: $66.5B
-2.6%

American Airlines

American Airlines

American Airlines Revenue by Segment

American Airlines Revenue by Geographic Location

Forward Guidance

The company expects its first-quarter 2023 adjusted earnings per diluted share to be approximately breakeven and its full-year 2023 adjusted earnings per diluted share to be between $2.50 and $3.50.

Revenue & Expenses

Visualization of income flow from segment revenue to net income