The 1941–42 AHL season was the 6th season of the American Hockey League. Ten teams played 56 games each in the schedule. The Indianapolis Capitals won the F. G. "Teddy" Oke Trophy as the Western Division champions, and the Calder Cup as league champions.
- The Philadelphia Ramblers are renamed the Philadelphia Rockets.
- The Washington Lions join the AHL as an expansion team, based in Washington, D.C., playing in the East Division.
Note: GP = Games played; W = Wins; L = Losses; T = Ties; GF = Goals for; GA = Goals against; Pts = Points;
|New Haven Eagles||56||26||26||4||56||182||219|
Note: GP = Games played; G = Goals; A = Assists; Pts = Points; PIM = Penalty minutes
|Pete Kelly||Springfield Indians||46||33||44||77||11|
|Louis Trudel||Washington Lions||54||37||29||66||11|
|John O'Flaherty||Springfield Indians||42||18||44||62||24|
|Ab DeMarco||Providence Reds||39||27||39||61||9|
|Norman Schultz||Pittsburgh Hornets||56||27||34||61||16|
|Les Cunningham||Cleveland Barons||56||25||35||60||23|
|Norm Burns||New Haven Eagles||35||27||32||59||13|
|James MacDonald||Hershey / Buffalo||58||28||30||58||18|
|John Sherf||Pittsburgh Hornets||56||19||37||56||10|
|Norm Calladine||Providence Reds||56||32||33||54||6|
Calder Cup Playoffs
- First Round
- Indianapolis Capitals defeated Springfield Indians 3 games to 2.
- Hershey Bears defeated New Haven Eagles 2 games to 0.
- Cleveland Barons defeated Washington Lions 2 games to 0.
- Second Round
- Indianapolis Capitals earned second round bye.
- Hershey Bears defeated Cleveland Barons 2 games to 1.
- Indianapolis Capitals defeated Hershey Bears 3 games to 2, to win the Calder Cup.
- Complete List of Playoffs Scores
All Star Classic
The first AHL All-Star game was played on February 3, 1942 at the Cleveland Arena in Cleveland, Ohio. The East division All-Stars defeated the West division All-Stars 5-4.