What is Grupo Aeromexico's operating income?

Grupo Aeromexico's total operating income in 2025 was $1.13 billion, based on the following breakdown: Total Gross Profit: $3.40 billion Total Operating Expenses: $2.27 billion

Grupo Aeromexico (AERO) Financials

$15.68 +0.19 (+1.19%)

As of 12:13 PM Eastern

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Annual Income Statements for Grupo Aeromexico

This table shows Grupo Aeromexico's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2023	2024	2025
Period end date	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	383	384	515
Consolidated Net Income / (Loss)	273	617	352
Net Income / (Loss) Continuing Operations	383	384	515
Total Pre-Tax Income	288	464	414
Total Operating Income	865	911	1,130
Total Gross Profit	2,841	5,871	3,401
Total Revenue	4,105	5,871	4,794
Operating Revenue	3,963	5,698	4,607
Other Revenue	142	173	188
Total Cost of Revenue	1,264	0.00	1,393
Operating Cost of Revenue	1,264	-	1,393
Total Operating Expenses	1,976	4,960	2,271
Selling, General & Admin Expense	1,254	406	1,507
Depreciation Expense	580	-	730
Other Operating Expenses / (Income)	136	4,553	115
Impairment Charge	3.43	-	-3.70
Other Special Charges / (Income)	3.06	-	-77
Total Other Income / (Expense), net	-469	-447	-558
Interest Expense	-0.07	-	0.00
Other Income / (Expense), net	-469	-447	-558
Income Tax Expense	13	80	56
Basic Earnings per Share	$0.21	-	$0.24
Weighted Average Basic Shares Outstanding	-	-	1.46B
Diluted Earnings per Share	$0.20	-	$0.24
Weighted Average Diluted Shares Outstanding	-	-	1.46B
Basic & Diluted Earnings per Share	$0.21	-	$0.24
Weighted Average Basic & Diluted Shares Outstanding	-	-	1.46B

No quarterly income statements for Grupo Aeromexico are available.

This table details how cash moves in and out of Grupo Aeromexico's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2023	2024	2025
Period end date	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	1,906	2,905	2,462
Net Cash From Operating Activities	2,505	3,134	2,653
Net Cash From Continuing Operating Activities	2,505	3,134	2,653
Net Income / (Loss) Continuing Operations	273	617	352
Consolidated Net Income / (Loss)	273	617	352
Depreciation Expense	580	655	730
Non-Cash Adjustments To Reconcile Net Income	1,637	1,782	1,509
Changes in Operating Assets and Liabilities, net	14	80	62
Net Cash From Investing Activities	-333	-420	-301
Net Cash From Continuing Investing Activities	-333	-420	-301
Purchase of Property, Plant & Equipment	-333	-423	-334
Sale of Property, Plant & Equipment	0.16	2.80	34
Net Cash From Financing Activities	-332	245	74
Net Cash From Continuing Financing Activities	-332	245	74
Repayment of Debt	-336	-841	-156
Issuance of Debt	0.00	1,110	65
Issuance of Preferred Equity	4.06	0.00	166
Other Financing Activities, net	0.00	-24	0.00
Other Net Changes in Cash	66	-54	36
Cash Interest Paid	-276	-280	-328
Cash Income Taxes Paid	-16	-37	-74

No quarterly cash flow statements for Grupo Aeromexico are available.

This table presents Grupo Aeromexico's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2023	2024	2025
Period end date	12/31/2023	12/31/2024	12/31/2025
Total Assets	6,092	6,384	7,193
Total Current Assets	-1,047	1,647	-1,706
Cash & Equivalents	938	842	1,024
Note & Lease Receivable	-2,711	-	-3,604
Accounts Receivable	618	591	700
Inventories, net	108	140	174
Plant, Property, & Equipment, net	2,483	3,207	3,286
Plant, Property & Equipment, gross	2,483	-	3,286
Total Noncurrent Assets	1,638	1,530	1,618
Long-Term Investments	27	17	0.00
Goodwill	1,072	-	1,098
Noncurrent Deferred & Refundable Income Taxes	335	262	280
Other Noncurrent Operating Assets	204	171	240
Total Liabilities & Shareholders' Equity	2,339	6,384	2,603
Total Liabilities	6,825	7,283	7,785
Total Current Liabilities	1,576	3,193	1,792
Accounts Payable	1,534	1,723	1,711
Current Deferred & Payable Income Tax Liabilities	29	-	82
Other Current Liabilities	13	117	-1.53
Total Noncurrent Liabilities	85	4,090	-156
Long-Term Debt	523	3,253	451
Noncurrent Deferred & Payable Income Tax Liabilities	121	121	135
Noncurrent Employee Benefit Liabilities	249	209	279
Other Noncurrent Operating Liabilities	-808	207	-1,021
Total Equity & Noncontrolling Interests	679	-900	968
Total Preferred & Common Equity	1,412	-902	1,560
Total Common Equity	1,412	1,241	1,560
Common Stock	4,327	3,526	3,504
Retained Earnings	-2,940	-2,310	-1,969
Other Equity Adjustments	25	25	25
Noncontrolling Interest	-733	2.05	-592

No quarterly balance sheets for Grupo Aeromexico are available.

This table displays calculated financial ratios and metrics derived from Grupo Aeromexico's official financial filings.

Metric	2023	2024	2025
Period end date	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	0.00	0.00	1,459,034,090.00
DEI Adjusted Shares Outstanding	0.00	0.00	1,459,034,090.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	0.00	0.35
Growth Metrics	-	-	-
Revenue Growth	0.00%	43.00%	-18.33%
EBITDA Growth	0.00%	14.67%	16.36%
EBIT Growth	0.00%	17.13%	23.25%
NOPAT Growth	0.00%	-8.79%	29.32%
Net Income Growth	0.00%	125.88%	-43.02%
EPS Growth	0.00%	0.00%	0.00%
Operating Cash Flow Growth	0.00%	25.15%	-15.35%
Free Cash Flow Firm Growth	0.00%	0.00%	320.85%
Invested Capital Growth	0.00%	223.48%	-68.56%
Revenue Q/Q Growth	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-
Gross Margin	69.20%	100.00%	70.94%
EBITDA Margin	23.77%	19.06%	27.15%
Operating Margin	21.08%	15.52%	23.57%
EBIT Margin	9.64%	7.90%	11.92%
Profit (Net Income) Margin	6.66%	10.52%	7.34%
Tax Burden Percent	95.03%	133.15%	85.00%
Interest Burden Percent	72.66%	100.00%	72.43%
Effective Tax Rate	4.42%	17.19%	13.65%
Return on Invested Capital (ROIC)	85.09%	36.65%	47.21%
ROIC Less NNEP Spread (ROIC-NNEP)	-103.74%	30.34%	16.52%
Return on Net Nonoperating Assets (RNNOA)	-44.82%	-595.20%	985.61%
Return on Equity (ROE)	40.27%	-558.55%	1,032.82%
Cash Return on Invested Capital (CROIC)	0.00%	-68.89%	151.54%
Operating Return on Assets (OROA)	6.50%	7.43%	8.42%
Return on Assets (ROA)	4.49%	9.90%	5.18%
Return on Common Equity (ROCE)	83.75%	6,700.38%	42,456.76%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	827	754	976
NOPAT Margin	20.15%	12.85%	20.35%
Net Nonoperating Expense Percent (NNEP)	188.83%	6.32%	30.69%
Return On Investment Capital (ROIC_SIMPLE)	68.82%	26.94%	68.78%
Cost of Revenue to Revenue	30.80%	0.00%	29.06%
SG&A Expenses to Revenue	30.54%	6.92%	31.44%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	48.12%	84.48%	47.38%
Earnings before Interest and Taxes (EBIT)	396	464	572
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	976	1,119	1,302
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	0.16	0.18	20.54
Price to Tangible Book Value (P/TBV)	0.66	1.39	69.34
Price to Revenue (P/Rev)	0.05	0.04	6.68
Price to Earnings (P/E)	0.58	0.58	62.21
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	172.01%	172.34%	1.61%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.98	31.23
Enterprise Value to Revenue (EV/Rev)	0.00	0.52	6.44
Enterprise Value to EBITDA (EV/EBITDA)	0.00	2.74	23.72
Enterprise Value to EBIT (EV/EBIT)	0.00	6.61	54.02
Enterprise Value to NOPAT (EV/NOPAT)	0.00	4.06	31.64
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.98	11.64
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	9.86
Leverage & Solvency	-	-	-
Debt to Equity	0.77	-4.11	0.47
Long-Term Debt to Equity	0.77	-3.61	0.47
Financial Leverage	0.43	-19.62	59.66
Leverage Ratio	8.97	-56.42	199.26
Compound Leverage Factor	6.52	-56.42	144.31
Debt to Total Capital	43.53%	132.13%	31.76%
Short-Term Debt to Total Capital	0.00%	16.00%	0.00%
Long-Term Debt to Total Capital	43.53%	116.12%	31.76%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	-60.98%	0.07%	-41.75%
Common Equity to Total Capital	117.45%	44.29%	109.99%
Debt to EBITDA	0.54	3.31	0.35
Net Debt to EBITDA	-0.45	2.54	-0.44
Long-Term Debt to EBITDA	0.54	2.91	0.35
Debt to NOPAT	0.63	4.91	0.46
Net Debt to NOPAT	-0.53	3.77	-0.59
Long-Term Debt to NOPAT	0.63	4.31	0.46
Altman Z-Score	-0.28	0.38	2.43
Noncontrolling Interest Sharing Ratio	-107.97%	1,299.61%	-4,010.76%
Liquidity Ratios	-	-	-
Current Ratio	-0.66	0.52	-0.95
Quick Ratio	-0.73	0.45	-1.05
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-1,418	3,132
Operating Cash Flow to CapEx	752.00%	746.19%	881.65%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	0.67	0.94	0.71
Accounts Receivable Turnover	6.64	9.71	7.43
Inventory Turnover	11.66	0.00	8.87
Fixed Asset Turnover	1.65	2.06	1.48
Accounts Payable Turnover	0.82	0.00	0.81
Days Sales Outstanding (DSO)	54.96	37.61	49.16
Days Inventory Outstanding (DIO)	31.31	0.00	41.15
Days Payable Outstanding (DPO)	442.71	0.00	449.82
Cash Conversion Cycle (CCC)	-356.44	37.61	-359.51
Capital & Investment Metrics	-	-	-
Invested Capital	972	3,145	989
Invested Capital Turnover	4.22	2.85	2.32
Increase / (Decrease) in Invested Capital	0.00	2,172	-2,156
Enterprise Value (EV)	-952	3,067	30,874
Market Capitalization	223	223	32,040
Book Value per Share	$120.38	$105.79	$1.07
Tangible Book Value per Share	$28.98	$13.67	$0.32
Total Capital	1,202	2,801	1,419
Total Debt	523	3,701	451
Total Long-Term Debt	523	3,253	451
Net Debt	-442	2,842	-574
Capital Expenditures (CapEx)	333	420	301
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-3,560	-1,940	-4,522
Debt-free Net Working Capital (DFNWC)	-2,622	-1,098	-3,498
Net Working Capital (NWC)	-2,622	-1,547	-3,498
Net Nonoperating Expense (NNE)	554	137	624
Net Nonoperating Obligations (NNO)	293	4,044	21
Total Depreciation and Amortization (D&A)	580	655	730
Debt-free, Cash-free Net Working Capital to Revenue	-86.72%	-33.05%	-94.31%
Debt-free Net Working Capital to Revenue	-63.88%	-18.71%	-72.95%
Net Working Capital to Revenue	-63.88%	-26.34%	-72.95%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.24
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	1.46B
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.24
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	1.46B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.24
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	1.46B
Normalized Net Operating Profit after Tax (NOPAT)	833	754	906
Normalized NOPAT Margin	20.30%	12.85%	18.89%
Pre Tax Income Margin	7.01%	7.90%	8.63%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%

No quarterly metrics and ratios for Grupo Aeromexico are available.

Financials Breakdown Chart

Grupo Aeromexico Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Grupo Aeromexico's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Grupo Aeromexico's net income appears to be on an upward trend, with a most recent value of $351.86 million in 2025, rising from $273.37 million in 2023. The previous period was $617.49 million in 2024. See Grupo Aeromexico's forecast for analyst expectations on what's next for the company.

Grupo Aeromexico's total operating income in 2025 was $1.13 billion, based on the following breakdown:

Total Gross Profit: $3.40 billion
Total Operating Expenses: $2.27 billion

Over the last 2 years, Grupo Aeromexico's total revenue changed from $4.11 billion in 2023 to $4.79 billion in 2025, a change of 16.8%.

Grupo Aeromexico's total liabilities were at $7.79 billion at the end of 2025, a 6.9% increase from 2024, and a 14.1% increase since 2023.

In the past 2 years, Grupo Aeromexico's cash and equivalents has ranged from $842.00 million in 2024 to $1.02 billion in 2025, and is currently $1.02 billion as of their latest financial filing in 2025.

Over the last 2 years, Grupo Aeromexico's book value per share changed from 120.38 in 2023 to 1.07 in 2025, a change of -99.1%.

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Financial statements for NYSE:AERO last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Grupo Aeromexico (AERO) Financials

Financials Breakdown Chart

Grupo Aeromexico Financials - Frequently Asked Questions

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Grupo Aeromexico (AERO) Financials

Annual Income Statements for Grupo Aeromexico

Quarterly Income Statements for Grupo Aeromexico

Annual Cash Flow Statements for Grupo Aeromexico

Quarterly Cash Flow Statements for Grupo Aeromexico

Annual Balance Sheets for Grupo Aeromexico

Quarterly Balance Sheets for Grupo Aeromexico

Annual Metrics And Ratios for Grupo Aeromexico

Quarterly Metrics And Ratios for Grupo Aeromexico

Financials Breakdown Chart

Grupo Aeromexico Financials - Frequently Asked Questions

When does Grupo Aeromexico's fiscal year end?

How has Grupo Aeromexico's net income changed over the last 2 years?

What is Grupo Aeromexico's operating income?

How has Grupo Aeromexico's revenue changed over the last 2 years?

How much debt does Grupo Aeromexico have?

How much cash does Grupo Aeromexico have?

How has Grupo Aeromexico's book value per share changed over the last 2 years?

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