American Airlines Group Inc.
$36.02B- Market cap
- $8.69B
- Debt
- +$28.28B
- Cash
- −$954.00M
Capital structure 24% equity / 76% debt · EV / Revenue 0.66x · EV / EBITDA 19.10x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 ·
Decision snapshot: AAL stock price vs HEI: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at HEI's multiple
Needs HEI P/E.
Implied fair value · at AAL's multiple
Needs AAL P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple discount
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: AAL FY 2025 (ended Dec 31, 2025) · HEI FY 2025 (ended Oct 31, 2025). Fiscal years are not aligned.
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 24% equity / 76% debt · EV / Revenue 0.66x · EV / EBITDA 19.10x
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 89% equity / 11% debt
AAL carries the larger enterprise value at $36.02B against $20.12B; AAL trades on the lower EV / Revenue multiple (0.66x vs 4.49x); AAL on the lower EV / EBITDA (19.10x vs 19.52x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
American Airlines Group Inc. · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
HEICO CORPORATION · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
-7.59x
0.50x
Net debt / EBITDA
Leverage against operating earnings
14.49x
—
Cash and equivalents
Liquid reserves on the balance sheet
$954.00M
—
Total debt
Interest-bearing obligations outstanding
$28.28B
$2.17B
Comparable set
Where the pair sits against the wider comparable set.
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