American Airlines Historical Income Statement Analysis

Historical analysis of American Airlines income statement accounts such as Cost of Revenue of 15.9 B, Earning Before Interest and Taxes EBIT of 5.3 B or Gross Profit of 23.9 B can show how well American Airlines Group Inc performed in making a profits. Evaluating American Airlines income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of American Airlines future profits or losses. Financial Statement Analysis is much more than just reviewing and examining American Airlines Group latest accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether American Airlines Group is a good buy for the upcoming year. Check also Trending Equities.
Analyze Trends

American Airlines Group Inc Income Statement Chart

Consolidated Income    Earning Before Interest and Taxes EBIT    Gross Profit    Net Income    Revenues    

Consolidated Income

The portion of profit or loss for the period, net of income taxes, which is attributable to the consolidated entity, before the deduction of [NETINCNCI].

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of American Airlines Group Inc minus its cost of goods sold. It is profit before American Airlines operating expenses, interest payments and taxes. Gross profit is also known as gross margin. Aggregate revenue Revenues less cost of revenue Cost of Revenue directly attributable to the revenue generation activity.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in American Airlines Group financial statement analysis. It represents the amount of money remaining after all of American Airlines Group Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period, net of income taxes, which is attributable to the parent after the deduction of [NETINCNCI] from Consolidated Income, and before the deduction of [PREFDIVIS].

Revenues

Revenues refers to the total amount of money received by American Airlines for goods sold or services provided during a certain time period. It also includes all of American Airlines Group sales as well as any other increase in American Airlines Group Inc equity.Revenues are reported on American Airlines Group income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.