Grupo Aeroméxico (ADR)
Operates passenger, regional, cargo, and loyalty businesses centered on Mexico.
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Profile
Operates Aeroméxico's high-density international network, domestic service through Aeroméxico Connect, and Aeroméxico Cargo. The group also operates Aeroméxico Rewards, its airline loyalty program.
Operates through Aeroméxico Cargo, the Aeroméxico airline, and Aeroméxico Connect. The core airline focuses on high-density international service and the Mexico City–Guadalajara–Monterrey business triangle; Connect serves mainly short-haul domestic destinations. Aeroméxico Rewards provides the group's airline loyalty program.
Management describes the group as Mexico's only full-service carrier and has expanded the fleet and passenger product since its 2022 Chapter 11 emergence. Cross-border commercial cooperation with Delta includes codesharing, loyalty reciprocity, and shared passenger privileges.
That Delta cooperation is shaped by a US Department of Transportation order terminating antitrust immunity for the joint cooperation agreement from January 2026, while non-immunized cooperation may continue.
Company facts
Categories
Key statistics
Year to date −33.2% · Average volume (30d) 270.7K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Jun 18, 2026 | Jefferies | Target | $20 | ||
| Feb 19, 2026 | Barclays | Reiterate | Overweight | $28 | $32 |
| Feb 10, 2026 | Barclays | Reiterate | Overweight | $27 | $28 |
| Jan 11, 2026 | BTG Pactual | Target | $30 | ||
| Dec 17, 2025 | Evercore ISI | Target | $36 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 13, 2026Q2 FY26 | −$0.37 | −$0.40 | −8.1% | $1.51B | $1.48B | −1.8% | +2.29% |
| Apr 21, 2026Q1 FY26 | $0.07 | $0.07 | 0.0% | $1.33B | $1.34B | +0.6% | −1.51% |
| Feb 17, 2026Q4 FY25 | $0.46 | $0.75 | +63.0% | $1.42B | $1.44B | +1.4% | +4.49% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.18B | $1.33B | $1.42B | $1.44B | $1.34B | $1.48B | |
| Gross profit | $245.6M | $346.0M | $367.8M | $522.4M | $263.0M | $181.0M | |
| Operating income | $146.1M | $235.9M | $249.2M | $211.4M | $143.0M | $61.0M | |
| Net income | $21.7M | $68.9M | $97.0M | $164.9M | $11.0M | −$57.5M | |
| Diluted EPS | $0.15 | $0.47 | $0.67 | $1.10 | $0.08 | −$0.39 | |
| Gross margin | 20.9% | 26.0% | 25.8% | 36.3% | 19.6% | 12.2% | |
| Operating margin | 12.4% | 17.7% | 17.5% | 14.7% | 10.7% | 4.1% |
Fiscal years (4-quarter sums)FY18 $70.19B · FY19 $69.13B · FY20 $31.15B · FY24 $5.61B · FY25 $5.37B
Revenue by product · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $1.04B · Total debt $4.07B · Total assets $7.38B · Shareholders' equity −$640.1M
Dividends
No dividends on record.
Ownership
Shares outstanding 145.90M · Float 136.42M · 93.5% free float
Insiders — no current Form 4 position.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Apollo Management Holdings, L.P. | 27.51M | 18.85% | 13F | May 15, 2026 |
| Silver Point Capital L.P. | 13.82M | 9.47% | 13F | May 15, 2026 |
| Strategic Value Partners, LLC | 9.49M | 6.50% | 13F | May 13, 2026 |
| Nut Tree Capital Management, LP | 6.39M | 4.38% | 13F | May 15, 2026 |
| VR Advisory Services Ltd | 5.19M | 3.56% | 13F | May 15, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Volaris (ADR)
Low-cost domestic and Mexico–US network competitor
- American Airlines Group
Broad US–Mexico network and Mexico City service
- United Airlines
Mexico City and Mexican routes from US hubs
- Copa
Panama-hub connectivity across shared Mexican cities
- Southwest Airlines
Low-fare Mexico leisure service from US cities
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Grupo Aeroméxico (ADR) | $14.74 | +0.48% | $2.14B | 10.1 | 6.5 | 0.5 | — |
| Volaris (ADR) | $6.80 | +0.97% | $774.8M | — | — | 0.2 | +2,210.2% |
| American Airlines Group | $13.69 | +0.37% | $9.03B | — | 10.5 | 0.2 | +16.3% |
| United Airlines | $110.89 | +0.29% | $35.90B | 10.3 | 8.4 | 0.6 | +16.0% |
| Copa | $130.53 | +0.88% | $5.34B | 8.5 | 7.2 | 1.3 | +25.7% |
| Southwest Airlines | $39.88 | +0.62% | $19.39B | 24.3 | 9.5 | 0.6 | +16.4% |
| Median | 10.3 | 8.9 | 0.6 | +16.4% |







