# United Airlines Holdings, Inc. (UAL)

**Exchange:** NASDAQ  
**Sector:** Industrials  
**Market cap:** $36.99B  
**Price:** $112.61 (+9.56%)

> United Airlines Holdings, Inc. is a holding company that provides air transportation services for passengers and cargo through its subsidiaries. It operates across key geographical segments including Domestic, Atlantic, Pacific, and Latin America, serving destinations worldwide and throughout North America. The company offers a range of flight options with recent introductions like tiered fare categories and premium experiences on new aircraft such as the Boeing 787-9 Dreamliner. United Airlines Holdings, Inc. focuses on enhancing customer options across ticket types, including elevated interiors and additional amenities. It maintains a global network connecting major hubs and regional markets, catering to leisure and business travelers alike. Headquartered in Chicago, Illinois, and founded in 1968, United Airlines Holdings, Inc. plays a significant role in the commercial aviation industry by facilitating international and domestic connectivity.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $59.07B | — | $4.71B | $3.35B | — |
| 2024 | $57.06B | — | $5.10B | $3.15B | — |
| 2023 | $53.72B | — | $4.21B | $2.62B | — |
| 2022 | $44.95B | — | $2.34B | $737M | — |
| 2021 | $24.63B | — | -$1.02B | -$1.96B | — |
| 2020 | $15.36B | — | -$6.36B | -$7.07B | — |
| 2019 | $43.26B | — | $4.30B | $3.01B | — |
| 2018 | $41.30B | — | $3.23B | $2.12B | — |
| 2017 | $37.78B | — | $3.62B | $2.14B | — |
| 2016 | $36.56B | — | $4.34B | $2.23B | — |
| 2015 | $37.86B | — | $5.17B | $7.34B | — |
| 2014 | $38.90B | — | $2.37B | $1.13B | — |
| 2013 | $38.28B | — | $1.25B | $571M | — |
| 2012 | $37.15B | — | $39M | -$723M | — |
| 2011 | $37.11B | — | $1.82B | $840M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $76.45B | — | $15.28B | $5.94B | $17.17B |
| 2024 | $74.08B | — | $12.68B | $8.77B | $21.68B |
| 2023 | $71.10B | — | $9.32B | $6.06B | $25.06B |
| 2022 | $67.36B | — | $6.90B | $7.17B | $28.28B |
| 2021 | $68.17B | — | $5.03B | $18.28B | $30.36B |
| 2020 | $59.55B | — | $5.96B | $11.27B | $24.84B |
| 2019 | $52.61B | — | $11.53B | $2.76B | $13.14B |
| 2018 | $49.02B | — | $10.04B | $1.69B | $12.21B |
| 2017 | $42.35B | — | $8.79B | $1.48B | $11.70B |
| 2016 | $40.14B | — | $8.57B | $2.18B | $9.92B |
| 2015 | $40.86B | — | $8.97B | $3.01B | $9.67B |
| 2014 | $36.59B | — | $2.40B | $2.00B | $9.95B |
| 2013 | $36.81B | — | $2.98B | $3.22B | $11.71B |
| 2012 | $37.63B | — | $481M | $4.77B | $12.40B |
| 2011 | $37.99B | — | $1.81B | $6.25B | $11.91B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $8.43B | — | — |
| 2024 | $9.45B | — | — |
| 2023 | $6.91B | — | — |
| 2022 | $6.07B | — | — |
| 2021 | $2.07B | — | — |
| 2020 | -$4.13B | — | — |
| 2019 | $6.91B | — | — |
| 2018 | $6.16B | — | — |
| 2017 | $3.47B | — | — |
| 2013 | $1.44B | — | — |
| 2012 | $935M | — | — |
| 2011 | $2.41B | — | — |
| 2010 | $1.91B | — | — |
| 2009 | $966M | — | — |
| 2008 | -$1.24B | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/UAL)