United Airlines Holdings, Inc. Common Stock (UAL) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Chicago-based United Airlines is a major US network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, Newark, and Washington, D.C. United operates a hub-and-spoke system th...
United Airlines Holdings, Inc. Common Stock's revenue increased 3.5% year over year, from $57.06B to $59.07B.
Net income increased 6.5% over the same period, from $3.15B to $3.35B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 62% in total.
Total debt decreased by 12.8% to $24.99B.
The debt-to-equity ratio stands at 1.64, indicating a elevated leverage profile.
Operating cash flow declined 10.7% to $8.43B.
United Airlines Holdings, Inc. Common Stock maintains a moderate net profit margin of 5.7%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $14.84B-1.0% | $965.0M | $12.20B | $1.69B | $1.50B | $72.64B | $33.36B | $11.44B |
| Q4 FY2024 | $14.70B-1.0% | $985.0M | $-9.14B | $1.38B | $2.22B | $74.08B | $28.66B | $12.68B |
| Q1 FY2025 | $13.21B-10.1% | $387.0M | $608.0M | $607.0M | $3.71B | $76.11B | $27.66B | $12.62B |
| Q2 FY2025 | $15.23B+15.3% | $974.0M | $1.32B | $1.32B | $2.22B | $77.16B | $27.08B | $13.37B |
| Q3 FY2025 | $15.22B-0.1% | $948.0M | $1.40B | $1.40B | $1.22B | $76.31B | $25.43B | $14.31B |
| Q4 FY2025 | $15.40B+1.1% | $1.04B | $1.39B | $1.39B | $1.29B | $76.45B | $24.99B | $15.28B |
| Q1 FY2026 | $14.61B-5.1% | $699.0M | $997.0M | $635.0M | $4.80B | $80.94B | $30.97B | $15.88B |
| Q2 FY2026 | $17.67B+21.0% | $805.0M | $1.10B | $1.46B | $1.61B | $84.57B | $33.67B | $16.70B |
Balance Sheet Summary (Q2 FY2026)
United Airlines Holdings, Inc. Common Stock (UAL) Financial Statements & Revenue History
United Airlines Holdings, Inc. Common Stock (UAL) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Air Transportation, Scheduled industry trading at $96.24 with a market capitalization of $31. This page provides 42 historical financial statements for United Airlines Holdings, Inc. Common Stock, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, United Airlines Holdings, Inc. Common Stock reported revenue of $59.1 billion, representing 3.5% year-over-year growth. The net profit margin of 5.7% indicates moderate profitability. The debt-to-equity ratio of 1.64 indicates elevated leverage.
UAL Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows United Airlines Holdings, Inc. Common Stock's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether UAL is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track UAL's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently United Airlines Holdings, Inc. Common Stock converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of UAL's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use UAL Financial Data
Investors use United Airlines Holdings, Inc. Common Stock's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare UAL's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how UAL's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View UAL's financial health score, earnings, and pre-market pricing.
Financial data is sourced from United Airlines Holdings, Inc. Common Stock's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.UAL trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.