| 1939–40 AHL season | |
| League: | American Hockey League |
| Sport: | Ice hockey |
| Season: | Regular season |
| Season Champ Name: | F. G. "Teddy" Oke Trophy |
| Season Champs: | Indianapolis Capitals |
| Top Scorer Link: | Carl Liscombe Trophy |
| Finals: | Playoffs |
| Finals Link: | 1940 Calder Cup playoffs |
| Finals Champ: | Providence Reds |
| Seasonslistnames: | AHL |
The 1939–40 AHL season was the fourth season of the International-American Hockey League, known in the present day as the American Hockey League. The league consisted of nine teams total. Four teams in the Eastern Division played a 54 game season, while five teams in the Western Division played a 56 game season. The Indianapolis Capitals won the F. G. "Teddy" Oke Trophy as the Western Division champions, while the Providence Reds won the Calder Cup as league champions.
Note: GP = Games played; W = Wins; L = Losses; T = Ties; GF = Goals for; GA = Goals against; Pts = Points;
| East | GP | W | L | T | Pts | GF | GA | |
|---|---|---|---|---|---|---|---|---|
| Providence Reds (CHI) | 54 | 27 | 19 | 8 | 62 | 161 | 157 | |
| New Haven Eagles (MTL) | 54 | 27 | 24 | 3 | 57 | 177 | 183 | |
| Springfield Indians (NYA) | 54 | 24 | 24 | 6 | 54 | 166 | 149 | |
| Philadelphia Ramblers (NYR) | 54 | 15 | 31 | 8 | 38 | 133 | 170 |
| West | GP | W | L | T | Pts | GF | GA | |
|---|---|---|---|---|---|---|---|---|
| Indianapolis Capitals (DET) | 56 | 26 | 20 | 10 | 62 | 174 | 144 | |
| Hershey Bears (BOS) | 56 | 27 | 24 | 5 | 59 | 154 | 156 | |
| Pittsburgh Hornets (TOR) | 56 | 25 | 22 | 9 | 59 | 152 | 133 | |
| Cleveland Barons (independent) | 56 | 24 | 24 | 8 | 56 | 127 | 130 | |
| Syracuse Stars (independent) | 56 | 20 | 27 | 9 | 49 | 147 | 169 |
Note: GP = Games played; G = Goals; A = Assists; Pts = Points; PIM = Penalty minutes
| Player | Team | GP | G | A | Pts | PIM | |
|---|---|---|---|---|---|---|---|
| 55 | 31 | 32 | 63 | 12 | |||
| 54 | 28 | 32 | 60 | 27 | |||
| 51 | 26 | 31 | 57 | 4 | |||
| 56 | 25 | 31 | 56 | 10 | |||
| 54 | 27 | 27 | 54 | 19 | |||
| 54 | 25 | 27 | 52 | 42 | |||
| 53 | 17 | 33 | 50 | 24 | |||
| 49 | 16 | 34 | 50 | 12 | |||
| 51 | 23 | 24 | 47 | 13 | |||
| 54 | 21 | 25 | 46 | 6 |