United Airlines Holdings (UAL) Financial Statements
Price: $68.03
Market Cap: $22.22B
Avg Volume: 9.36M
Market Cap: $22.22B
Avg Volume: 9.36M
Country: US
Industry: Airlines, Airports & Air Services
Sector: Industrials
Industry: Airlines, Airports & Air Services
Sector: Industrials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of United Airlines Holdings.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $57.06B | $53.72B | $44.95B | $24.63B | $15.36B | $43.26B | $41.30B | $37.78B | $36.56B | $37.86B |
| Cost of Revenue | $37.64B | $38.52B | $34.31B | $23.91B | $20.39B | $30.79B | $30.23B | $27.00B | $24.86B | $25.95B |
| Gross Profit | $19.42B | $15.20B | $10.64B | $721.00M | $-5.03B | $12.47B | $11.07B | $10.78B | $11.70B | $11.91B |
| Gross Profit Ratio | 34.03% | 28.29% | 23.67% | 2.93% | -32.76% | 28.83% | 26.81% | 28.53% | 32.01% | 31.46% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $2.23B | $1.98B | $1.53B | $677.00M | $459.00M | $1.65B | $1.56B | $1.35B | $1.30B | $1.34B |
| Selling General and Administrative Expenses | $2.23B | $1.98B | $1.53B | $677.00M | $459.00M | $1.65B | $1.56B | $1.35B | $1.30B | $1.34B |
| Other Expenses | $12.09B | $9.01B | $6.63B | $1.07B | $870.00M | $6.28B | $6.29B | $5.81B | $6.06B | $5.40B |
| Operating Expenses | $14.32B | $10.99B | $8.16B | $1.74B | $1.33B | $7.93B | $7.85B | $7.16B | $7.46B | $6.75B |
| Cost and Expenses | $51.97B | $49.51B | $42.62B | $25.66B | $21.71B | $38.96B | $38.01B | $34.17B | $32.21B | $32.70B |
| Interest Income | $726.00M | $827.00M | $298.00M | $36.00M | $50.00M | $133.00M | $101.00M | $57.00M | $42.00M | $25.00M |
| Interest Expense | $1.40B | $1.77B | $1.67B | $1.58B | $992.00M | $646.00M | $605.00M | $552.00M | $602.00M | $620.00M |
| Depreciation and Amortization | $2.93B | $2.67B | $2.46B | $2.48B | $2.49B | $2.29B | $2.17B | $2.15B | $1.98B | $1.82B |
| EBITDA | $8.50B | $7.83B | $5.12B | $1.50B | $-5.34B | $6.85B | $5.42B | $5.78B | $6.34B | $6.66B |
| EBITDA Ratio | 14.89% | 14.58% | 11.39% | 6.11% | -34.79% | 15.83% | 13.12% | 15.29% | 17.34% | 17.58% |
| Operating Income | $5.10B | $4.21B | $2.34B | $-1.02B | $-6.36B | $4.30B | $3.23B | $3.62B | $4.34B | $5.17B |
| Operating Income Ratio | 8.93% | 7.84% | 5.20% | -4.15% | -41.41% | 9.94% | 7.82% | 9.58% | 11.88% | 13.64% |
| Total Other Income Expenses Net | $-928.00M | $-824.00M | $-1.35B | $-1.53B | $-2.46B | $-387.00M | $-581.00M | $-595.00M | $-525.00M | $-947.00M |
| Income Before Tax | $4.17B | $3.39B | $990.00M | $-2.56B | $-8.82B | $3.91B | $2.65B | $3.02B | $3.82B | $4.22B |
| Income Before Tax Ratio | 7.30% | 6.31% | 2.20% | -10.38% | -57.45% | 9.05% | 6.41% | 8.00% | 10.45% | 11.14% |
| Income Tax Expense | $1.02B | $769.00M | $253.00M | $-593.00M | $-1.75B | $905.00M | $526.00M | $880.00M | $1.56B | $-3.12B |
| Net Income | $3.15B | $2.62B | $737.00M | $-1.96B | $-7.07B | $3.01B | $2.12B | $2.14B | $2.26B | $7.34B |
| Net Income Ratio | 5.52% | 4.87% | 1.64% | -7.97% | -46.04% | 6.96% | 5.14% | 5.67% | 6.19% | 19.39% |
| EPS | $9.58 | $7.99 | $2.26 | $-6.10 | $-25.30 | $11.63 | $7.89 | $7.43 | $7.19 | $19.52 |
| EPS Diluted | $9.45 | $7.89 | $2.23 | $-6.10 | $-25.30 | $11.58 | $7.70 | $7.02 | $6.85 | $19.47 |
| Weighted Average Shares Outstanding | 333.23M | 331.81M | 330.49M | 321.90M | 311.85M | 251.22M | 276.66M | 303.54M | 330.47M | 376.00M |
| Weighted Average Shares Outstanding Diluted | 333.20M | 331.90M | 330.10M | 321.90M | 279.40M | 259.90M | 276.70M | 303.60M | 330.30M | 377.00M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $8.77B | $6.06B | $7.17B | $18.28B | $11.27B | $2.76B | $1.69B | $1.48B | $2.18B | $3.01B |
| Short Term Investments | $5.71B | $8.33B | $9.25B | $123.00M | $414.00M | $2.18B | $2.26B | $2.32B | $2.25B | $2.19B |
| Cash and Short Term Investments | $14.47B | $14.39B | $16.41B | $18.41B | $11.68B | $4.94B | $3.95B | $3.80B | $4.43B | $5.20B |
| Net Receivables | $2.16B | $1.90B | $1.80B | $1.66B | $1.29B | $1.36B | $1.43B | $1.34B | $1.18B | $1.13B |
| Inventory | $1.57B | $1.56B | $1.11B | $983.00M | $932.00M | $1.07B | $985.00M | $924.00M | $873.00M | $738.00M |
| Other Current Assets | $673.00M | $640.00M | $734.00M | $782.00M | $890.00M | $814.00M | $733.00M | $1.07B | $832.00M | $766.00M |
| Total Current Assets | $18.88B | $18.49B | $20.06B | $21.83B | $14.80B | $8.19B | $7.09B | $7.13B | $7.31B | $7.83B |
| Property Plant Equipment Net | $46.72B | $43.73B | $38.34B | $36.72B | $36.00B | $34.93B | $28.33B | $26.21B | $23.32B | $21.58B |
| Goodwill | $4.53B | $4.53B | $4.53B | $4.53B | $4.53B | $4.52B | $4.52B | $4.52B | $4.52B | $4.52B |
| Intangible Assets | $2.68B | $2.73B | $2.76B | $2.80B | $2.84B | $3.01B | $3.16B | $3.54B | $3.63B | $4.14B |
| Goodwill and Intangible Assets | $7.21B | $7.25B | $7.29B | $7.33B | $7.37B | $7.53B | $7.68B | $8.06B | $8.15B | $8.66B |
| Long Term Investments | $1.27B | $348.00M | $1.37B | $1.42B | $1.00B | $1.16B | $621.00M | $806.00M | $579.00M | $- |
| Tax Assets | $- | $- | $91.00M | $659.00M | $131.00M | $671.00M | $814.00M | $- | $655.00M | $2.04B |
| Other Non-Current Assets | $- | $1.29B | $301.00M | $213.00M | $249.00M | $130.00M | $4.48B | $137.00M | $124.00M | $757.00M |
| Total Non-Current Assets | $55.20B | $52.62B | $47.30B | $46.34B | $44.75B | $44.42B | $41.93B | $35.21B | $32.83B | $33.03B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $74.08B | $71.10B | $67.36B | $68.17B | $59.55B | $52.61B | $49.02B | $42.35B | $40.14B | $40.86B |
| Account Payables | $4.19B | $3.83B | $3.40B | $2.56B | $1.59B | $2.70B | $2.36B | $2.20B | $2.14B | $1.87B |
| Short Term Debt | $3.92B | $4.59B | $3.58B | $3.63B | $3.50B | $2.87B | $2.07B | $1.82B | $965.00M | $1.36B |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $3.10B | $2.69B | $2.24B | $908.00M | $2.44B | $2.29B | $2.19B | $2.13B | $2.12B |
| Other Current Liabilities | $15.20B | $10.68B | $10.33B | $9.87B | $6.72B | $6.92B | $7.12B | $6.55B | $7.05B | $7.07B |
| Total Current Liabilities | $23.31B | $22.20B | $19.99B | $18.30B | $12.72B | $14.94B | $13.84B | $12.76B | $12.29B | $12.41B |
| Long Term Debt | $29.71B | $31.92B | $32.86B | $35.73B | $30.05B | $18.31B | $17.71B | $12.70B | $10.74B | $10.40B |
| Deferred Revenue Non-Current | $- | $4.05B | $3.98B | $4.04B | $5.07B | $2.84B | $2.72B | $2.56B | $3.18B | $3.84B |
| Deferred Tax Liabilities Non-Current | $1.58B | $594.00M | $844.00M | $863.00M | $1.14B | $1.74B | $814.00M | $225.00M | $- | $- |
| Other Non-Current Liabilities | $6.80B | $3.02B | $3.63B | $5.07B | $5.75B | $5.00B | $3.90B | $5.36B | $5.28B | $5.25B |
| Total Non-Current Liabilities | $38.09B | $39.58B | $40.47B | $44.84B | $40.86B | $26.14B | $25.14B | $20.85B | $19.20B | $19.48B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $61.41B | $61.78B | $60.46B | $63.15B | $53.59B | $41.08B | $38.98B | $33.61B | $31.48B | $31.89B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $12.68B | $4.00M | $4.00M | $4.00M | $4.00M | $3.00M | $3.00M | $3.00M | $3.00M | $4.00M |
| Retained Earnings | $- | $3.83B | $1.26B | $625.00M | $2.63B | $9.72B | $6.71B | $4.55B | $3.43B | $3.46B |
| Accumulated Other Comprehensive Income Loss | $188.00M | $-62.00M | $175.00M | $-942.00M | $-1.14B | $-718.00M | $-803.00M | $-1.15B | $-829.00M | $-831.00M |
| Other Total Stockholders Equity | $-188.00M | $5.55B | $5.45B | $5.34B | $4.47B | $2.53B | $4.13B | $5.33B | $6.06B | $6.34B |
| Total Stockholders Equity | $12.68B | $9.32B | $6.90B | $5.03B | $5.96B | $11.53B | $10.04B | $8.73B | $8.66B | $8.97B |
| Total Equity | $12.68B | $9.32B | $6.90B | $5.03B | $5.96B | $11.53B | $10.04B | $8.73B | $8.66B | $8.97B |
| Total Liabilities and Stockholders Equity | $74.08B | $71.10B | $67.36B | $68.17B | $59.55B | $52.61B | $49.02B | $42.35B | $40.14B | $40.86B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $74.08B | $71.10B | $67.36B | $68.17B | $59.55B | $52.61B | $49.02B | $42.35B | $40.14B | $40.86B |
| Total Investments | $6.97B | $8.68B | $10.62B | $1.54B | $1.41B | $3.36B | $3.22B | $3.12B | $2.83B | $2.19B |
| Total Debt | $33.63B | $36.74B | $36.43B | $40.20B | $32.75B | $20.45B | $19.79B | $14.39B | $11.71B | $11.76B |
| Net Debt | $24.86B | $30.68B | $29.27B | $21.92B | $21.48B | $17.69B | $18.09B | $12.91B | $9.53B | $8.75B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $3.15B | $2.62B | $737.00M | $-1.96B | $-7.07B | $3.01B | $2.12B | $2.14B | $2.23B | $7.34B |
| Depreciation and Amortization | $2.93B | $2.67B | $2.46B | $2.48B | $2.49B | $2.29B | $2.17B | $2.15B | $1.98B | $1.82B |
| Deferred Income Tax | $- | $756.00M | $248.00M | $-583.00M | $-1.74B | $882.00M | $512.00M | $957.00M | $1.65B | $-3.18B |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $73.00M | $- | $58.00M |
| Change in Working Capital | $- | $664.00M | $2.25B | $1.67B | $135.00M | $523.00M | $783.00M | $-1.90B | $-846.00M | $-352.00M |
| Accounts Receivables | $- | $- | $- | $- | $135.00M | $44.00M | $17.00M | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $572.00M | $796.00M | $985.00M | $-1.08B | $324.00M | $130.00M | $66.00M | $239.00M | $-77.00M |
| Other Working Capital | $- | $92.00M | $1.46B | $685.00M | $1.08B | $155.00M | $636.00M | $-1.97B | $-1.08B | $-275.00M |
| Other Non Cash Items | $3.37B | $202.00M | $370.00M | $459.00M | $2.05B | $207.00M | $582.00M | $51.00M | $529.00M | $304.00M |
| Net Cash Provided by Operating Activities | $9.45B | $6.91B | $6.07B | $2.07B | $-4.13B | $6.91B | $6.16B | $3.47B | $5.54B | $5.99B |
| Investments in Property Plant and Equipment | $-5.62B | $-7.17B | $-4.82B | $-2.11B | $-1.73B | $-4.53B | $-4.07B | $-3.87B | $-3.22B | $-2.75B |
| Acquisitions Net | $- | $- | $- | $- | $- | $-36.00M | $-139.00M | $-2.00M | $28.00M | $- |
| Purchases of Investments | $-5.81B | $-9.47B | $-11.23B | $-68.00M | $-552.00M | $-2.93B | $-2.55B | $-3.24B | $-2.77B | $-2.52B |
| Sales Maturities of Investments | $8.66B | $10.52B | $2.08B | $397.00M | $2.32B | $3.00B | $2.62B | $3.18B | $2.71B | $2.71B |
| Other Investing Activities | $112.00M | $16.00M | $138.00M | $106.00M | $10.00M | $-59.00M | $-310.00M | $6.00M | $13.00M | $64.00M |
| Net Cash Used for Investing Activities | $-2.65B | $-6.11B | $-13.83B | $-1.67B | $50.00M | $-4.56B | $-4.46B | $-3.93B | $-3.24B | $-2.49B |
| Debt Repayment | $-4.00B | $-1.86B | $-3.27B | $5.89B | $11.23B | $395.00M | $-212.00M | $1.66B | $-543.00M | $-1.23B |
| Common Stock Issued | $- | $- | $- | $532.00M | $2.10B | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-162.00M | $- | $- | $- | $-353.00M | $-1.65B | $-1.24B | $-1.84B | $-2.61B | $-1.23B |
| Dividends Paid | $- | $- | $- | $- | $-353.00M | $- | $- | $- | $- | $- |
| Other Financing Activities | $-21.00M | $-32.00M | $-74.00M | $-27.00M | $333.00M | $-30.00M | $-54.00M | $-199.00M | $-56.00M | $-34.00M |
| Net Cash Used Provided by Financing Activities | $-4.18B | $-1.89B | $-3.35B | $6.40B | $12.96B | $-1.28B | $-1.50B | $-383.00M | $-3.21B | $-2.50B |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $2.61B | $-1.09B | $-11.11B | $6.79B | $8.87B | $1.07B | $208.00M | $-712.00M | $-909.00M | $1.00B |
| Cash at End of Period | $8.95B | $6.33B | $7.42B | $18.53B | $11.74B | $2.87B | $1.80B | $1.59B | $2.30B | $3.01B |
| Cash at Beginning of Period | $6.33B | $7.42B | $18.53B | $11.74B | $2.87B | $1.80B | $1.59B | $2.30B | $3.21B | $2.00B |
| Operating Cash Flow | $9.45B | $6.91B | $6.07B | $2.07B | $-4.13B | $6.91B | $6.16B | $3.47B | $5.54B | $5.99B |
| Capital Expenditure | $-5.62B | $-7.17B | $-4.82B | $-2.11B | $-1.73B | $-4.53B | $-4.07B | $-3.87B | $-3.22B | $-2.75B |
| Free Cash Flow | $3.83B | $-260.00M | $1.25B | $-40.00M | $-5.86B | $2.38B | $2.09B | $-396.00M | $2.32B | $3.25B |