Sign in

    United Airlines Holdings Inc (UAL)

    Financials

    Updated Jul 17, 2025, 9:00 PM UTC
    Income Statement - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025
    Total Operating Revenue (USD, millions)53,71712,53914,986.0014,843.00--13,213-
    Total Operating Expense (USD, millions)49,50612,44013,056.0013,279.00--12,605-
    Operating Income (Loss) (USD, millions)4,211991,930.001,564.00--607-
    Interest Expense (USD, millions)(1,956)(454)(427.00)(379.00)--(356)-
    Interest Income (USD, millions)827177190.00187.00--164-
    Interest Capitalized (USD, millions)1826160.0053.00--48-
    Unrealized Gains (Losses) on Investments, Net (USD, millions)27(37)(33.00)(90.00)--(21)-
    Miscellaneous, Net (USD, millions)96(10)20.00(50.00)--36-
    Total Nonoperating Expense, Net (USD, millions)(824)(263)(190.00)(279.00)--(129)-
    Income (Loss) Before Income Tax Expense (Benefit) (USD, millions)3,387(164)1,740.001,285.00--478-
    Income Tax Expense (Benefit) (USD, millions)769(40)416.00321.00--91-
    Net Income (Loss) (USD, millions)2,618(124)1,324.00964.00--387-
    Balance Sheet - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025
    Cash and cash equivalents (USD, millions)6,0588,40110,8648,812--9,370-
    Short-term investments (USD, millions)8,3305,5914,3845,352--5,960-
    Receivables, less allowance for credit losses (USD, millions)1,8982,2592,3762,042--2,288-
    Aircraft fuel, spare parts and supplies, less obsolescence allowance (USD, millions)1,5611,6751,6801,639--1,601-
    Prepaid expenses and other (USD, millions)609730669690--928-
    Total current assets (USD, millions)18,48718,69620,00318,571--20,148-
    Total operating property and equipment, net (USD, millions)39,81540,47040,66541,680--43,430-
    Operating lease right-of-use assets (USD, millions)3,9143,8953,8033,782--4,092-
    Goodwill (USD, millions)4,5274,5274,5274,527--4,527-
    Intangibles, less accumulated amortization (USD, millions)2,7252,7172,6992,691--2,676-
    Investments in affiliates and other, less allowance for credit losses (USD, millions)1,3911,3531,3371,209--1,239-
    Total assets (USD, millions)71,10471,90273,25472,640--76,111-
    Accounts payable (USD, millions)3,8354,3444,4784,008--4,694-
    Accrued salaries and benefits (USD, millions)2,9402,1282,3832,802--2,394-
    Advance ticket sales (USD, millions)6,7049,6019,3658,477--10,477-
    Frequent flyer deferred revenue - current (USD, millions)3,0953,0863,2523,314--3,473-
    Current maturities of operating leases (USD, millions)576557548491--506-
    Other current liabilities (USD, millions)806910894838--990-
    Total current liabilities (USD, millions)22,20324,76425,85523,365--25,798-
    Frequent flyer deferred revenue - non-current (USD, millions)4,0484,1934,1014,057--4,118-
    Deferred income taxes (USD, millions)5945459511,224--1,624-
    Total stockholders' equity (USD, millions)9,3249,18810,52611,437--12,616-
    Total liabilities and stockholders' equity (USD, millions)71,10471,90273,25472,640--76,111-
    Cash Flow - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025
    Net cash provided by operating activities [USD, millions]6,8792,8472,876.001,498.00--3,710-
    Capital expenditures, net of flight equipment purchase deposit returns [USD, millions](7,171)(1,366)(1,164.00)(1,410.00)--(1,233)-
    Purchases of short-term and other investments [USD, millions](9,470)(866)(888.00)(2,303.00)--(2,246)-
    Proceeds from sale of short-term and other investments [USD, millions]10,5193,6572,163.001,386.00--2,023-
    Proceeds from sale of property and equipment [USD, millions]392022.0024.00--29-
    Other, net (Investing Activities) [USD, millions](23)(4)1.00(208.00)--(35)-
    Net cash used in investing activities [USD, millions](6,106)1,441134.00(2,511.00)--(1,462)-
    Proceeds from issuance of debt and other financing liabilities, net of discounts and fees [USD, millions]2,3883,111607.001,584.00--(3)-
    Payments of long-term debt, finance leases and other financing liabilities [USD, millions](4,248)(5,031)(1,186.00)(2,575.00)--(1,011)-
    Repurchase of common stock [USD, millions]------(349)-
    Other, net (Financing Activities) [USD, millions]-(18)(1.00)0.00--(94)-
    Net cash used in financing activities [USD, millions](1,860)(1,938)(580.00)(1,073.00)--(1,457)-
    Net increase (decrease) in cash, cash equivalents and restricted cash [USD, millions](1,087)2,3502,430.00(2,086.00)--791-
    Right-of-use assets acquired through operating leases [USD, millions]55213211.00233.00--419-
    Property and equipment acquired through the issuance of debt, finance leases and other [USD, millions]777--47.00--(1)-
    Cash, cash equivalents and restricted cash at beginning of period [USD, millions]7,4216,3356,3346,334--8,946-
    Cash, cash equivalents and restricted cash at end of period [USD, millions]6,3348,68511,1149,028--9,737-
    Revenue by Segment - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025
    Passenger49,04611,31313,68013,56113,27551,82911,86013,836
    - Mainline--------
    - Regional--------
    Cargo1,4953914144175211,743429430
    Other3,1768358928658993,491923970
    Total Operating Revenue53,71712,53914,98614,84314,69557,06313,21315,236
    Revenue by Geography - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025
    Domestic32,4007,6738,7618,648-16,94434,0678,0348,784
    Atlantic10,9821,8333,2773,432-6,19211,0971,8993,370
    - Europe--------
    - Middle East/India/Africa--------
    Pacific5,2671,5881,6021,531-3,2446,4621,7221,720
    Latin America5,0681,4451,3461,232-2,7135,4371,5571,362
    - International--------
    Total Revenue53,71712,53914,98614,843-29,09357,06313,21315,236
    KPIs - Metric (Unit, Scale)FY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025Q2 2025
    Number of passengers (thousands) (thousands)164,92739,32544,37545,559----
    Revenue passenger miles (millions)244,43557,42767,06469,549----
    Available seat miles (millions)291,33371,66879,67881,541----
    Passenger load factor (percentage)83.9%80.1%84.2%85.3%----
    Passenger revenue per available seat mile (cents)16.8415.7917.1716.63----
    Total revenue per available seat mile (cents)18.4417.5018.8118.20----
    Average yield per revenue passenger mile (cents)20.0719.7020.4019.50----
    Cargo revenue ton miles (millions)3,159852890881----
    Cost per available seat mile (cents)16.9917.3616.3916.28----
    Average price per gallon of fuel (including fuel taxes) (USD)3.012.882.762.56----
    Fuel gallons consumed (millions)4,2051,0252,159 , 1,1341,170----
    Employee headcount (headcount)103,300104,500106,000106,500----