Grupo Aeromexico, S.a.b. De C.v. key statistics and ratios

In fiscal 2025, Grupo Aeromexico, S.a.b. De C.v. had an operating margin of 17.3% and a current ratio of 0.64. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Grupo Aeromexico, S.a.b. De C.v.: financial ratios, annual
Fiscal year	2023Dec 2023	2024Dec 2024	2025Dec 2025
Operating margin	14.6%	19.0%	17.3%
Net margin	5.6%	11.0%	6.6%
Free-cash-flow margin	20.6%	16.8%	10.8%
Return on assets	4.5%	9.9%	5.2%
Asset turnover	0.81	0.90	0.79
Current ratio	0.52	0.52	0.64
Interest cover (operating income ÷ interest)	4.0x	5.8x	4.1x
Effective tax rate	5.0%	11.4%	15.0%
Capital spending as % of revenue	6.8%	7.5%	6.2%
Free cash flow ÷ net income	370.2%	153.0%	164.4%
Dividends and buybacks ÷ free cash flow	27.2%	86.6%	35.4%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

0 of 5 checks passed · December 31, 2025

What it owns · $7.2bn

Short-term assets $2.0bnLonger-term assets $5.2bn

What it owes, and who funded it · $7.8bn

Short-term liabilities $3.1bnLonger-term liabilities $4.7bnShareholders' equity $-594m

Short-term assets cover short-term liabilities $2.0bn of assets due within a year against $3.1bn of liabilities due within a year.
Short-term assets cover long-term liabilities $2.0bn short-term assets against $4.7bn of longer-dated liabilities.
More cash than debt $1.0bn of cash against $7.7bn of debt.
Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt $913m of operating cash flow against $7.7bn of debt.
Operating profit covers interest at least five times over Operating income of $928m against $229m of interest.

From Grupo Aeromexico, S.a.b. De C.v.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

Head to head: AERO vs ULCC AERO vs SKYW AERO vs ALGT AERO vs JBLU

More: Passenger Airlines stocks compared, Industrials sector, rankings of US companies

Figures from Grupo Aeromexico, S.a.b. De C.v.'s SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Grupo Aeromexico, S.a.b. De C.v.