Microarc oxidation (MAO) coatings were prepared on 2024-T4 aluminum alloy using pulsed bipolar power supply at different cathode current densities. The MAO ceramic coatings contained many crater-like micropores and a small number of microcracks. After the MAO coatings were formed, the coated samples were immersed into a water-based Polytetrafluoroethylene (PTFE) dispersion. The micropores and microcracks on the surface of the MAO coatings were filled with PTFE dispersion for preparing MAO self-lubricating composite coatings. The microstructure and properties of MAO coatings and the wear resistance of microarc oxidation self-lubricating composite coatings were analyzed by SEM, laser confocal microscope, X-ray diffractometry (XRD), Vickers hardness test, scratch test and ball-on-disc abrasive tests, respectively. The results revealed that the wear rates of the MAO coatings decreased significantly with an increase in cathode current density. Compared to the MAO coatings, the microarc oxidation self-lubricating composite coatings exhibited a lower friction coefficient and lower wear rates.