AERO

MKT CAP:$2B

Grupo Aeroméxico, S.A.B. de C.V.

Market Cap

$2B

Industrials·Airlines, Airports & Air Services·🇲🇽 Mexico·NYSE

Industrials·Airlines,·🇲🇽·NYSE

Stock Price

$15.66-$6.29 (-28.66%)

Apr 22, 2026

Company Details

Grupo Aeroméxico, S.A.B. de C.V., through its subsidiaries, provide public air carrier services for passengers and goods. It offers scheduled passenger air carrier services, cargo air carrier services, and other services. The company also o...

CEO

Andrés Conesa Labastida

IPO Date

Nov 4, 2025

Website

www.aeromexico.com/es-mx

Key Metrics TTM

Revenue

$5.4B

-3.4% YoY

Net Income

$353M

EPS (Diluted)

$12.67

Free Cash Flow

$123M

Revenue / Share

$39.38

Gross Margin

24.8%

Operating Margin

16.3%

Net Margin

6.6%

FCF Margin

2.3%

P/S

0.4x

P/E

6.2x

Earnings Reports

FY 2025

Dec 30, 2025

$5.4B-4.3%EPS $2.60

Q4 2025

Dec 30, 2025

$1.4B+1.6%EPS $11.30

Q3 2025

Sep 29, 2025

$1.4B-2.5%EPS $0.71

Q2 2025

Jun 29, 2025

$1.3B-3.5%EPS $0.50

Q1 2025

Mar 30, 2025

$1.2B-9.9%EPS $0.16

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 23	$1.4B	$357M	$223M
Q1 24	$1.3B	$335M	$212M
Q2 24	$1.4B	$398M	$273M
Q3 24	$1.5B	$468M	$336M
Q4 24	$1.4B	$419M	$276M
Q1 25	$1.2B	$244M	$144M
Q2 25	$1.3B	$346M	$236M
Q3 25	$1.4B	$368M	$250M
Q4 25	$1.4B	$374M	$246M

Valuation

Quarter	P/S	P/E
Q4 23	—	—
Q1 24	—	—
Q2 24	—	—
Q3 24	0.5x	4.0x
Q4 24	0.5x	4.1x
Q1 25	0.5x	4.8x
Q2 25	0.5x	7.1x
Q3 25	0.5x	9.6x
Q4 25	0.6x	8.6x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 23	$530M	$449M
Q1 24	$278M	$174M
Q2 24	$507M	$383M
Q3 24	$249M	$136M
Q4 24	$334M	$254M
Q1 25	$180M	$0
Q2 25	$170M	$0
Q3 25	$220M	$123M
Q4 25	$346M	$0

Capital Expenditures

Quarter	CapEx
Q4 23	$81M
Q1 24	$103M
Q2 24	$124M
Q3 24	$113M
Q4 24	$80M
Q1 25	$180M
Q2 25	$170M
Q3 25	$97M
Q4 25	$346M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 24	+2.2%	-2.0%
Q1 25	-9.9%	-5.7%
Q2 25	-3.5%	-1.0%
Q3 25	-2.5%	+4.5%
Q4 25	+1.6%	+4.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q4 23	—	—	$134M
Q1 24	—	—	$124M
Q2 24	—	—	$125M
Q3 24	—	$103M	—
Q4 24	$116M	—	—
Q1 25	$79M	—	—
Q2 25	—	—	$110M
Q3 25	—	$92M	—
Q4 25	—	$101M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 23	$938M	$0	$938M
Q1 24	$955M	$97.0K	$955M
Q2 24	$1.1B	$0	$1.1B
Q3 24	$712M	$0	$712M
Q4 24	$842M	$0	$842M
Q1 25	$840M	$0	$840M
Q2 25	$922M	$0	$922M
Q3 25	$934M	$0	$934M
Q4 25	$1.0B	$0	$1.0B
Q1 26	$1.0B	$27M	$1.0B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 23	145M	—	—
Q1 24	139M	-4.1%	—
Q2 24	139M	0.0%	—
Q3 24	139M	0.0%	—
Q4 24	136M	-2.1%	-6.1%
Q1 25	137M	+0.7%	-1.3%
Q2 25	136M	-0.7%	-2.1%
Q3 25	136M	0.0%	-2.1%
Q4 25	136M	0.0%	+0.0%

Shares Outstanding