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UNITED AIRLINES HOLDINGS, INC.

CIK: 100517 SIC: 4512
$59.07B
Revenue
$3.35B
Net Income
-
Gross Margin
7.98%
Op. Margin
$8.44B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 16 annual reports available (2010 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
+ Total Revenue $59.07B $59.07B $57.06B $53.72B $44.95B $24.63B
Revenue Growth % 0.0% 3.5% 6.2% 19.5% 82.5% nan%
Operating Expenses $54.36B $54.36B $51.97B $49.51B $42.62B $25.66B
+ Operating Income $4.71B $4.71B $5.10B $4.21B $2.34B $-1.02B
Operating Margin % 8.0% 8.0% 8.9% 7.8% 5.2% -4.1%
Interest Expense $1.33B $1.33B $1.49B $1.85B $1.57B $1.42B
Interest Income $611.00M $611.00M $726.00M $827.00M $298.00M $36.00M
Other Income/Expense $144.00M $144.00M $-53.00M $96.00M $8.00M $40.00M
Income Before Tax $4.31B $4.31B $4.17B $3.39B $990.00M $-2.56B
Income Tax Expense $953.00M $953.00M $1.02B $769.00M $253.00M $-593.00M
+ Net Income $3.35B $3.35B $3.15B $2.62B $737.00M $-1.96B
Net Margin % 5.7% 5.7% 5.5% 4.9% 1.6% -8.0%
Basic EPS 10.33 10.32 9.58 7.98 2.26 -6.10
Diluted EPS 10.21 10.20 9.45 7.89 2.23 -6.10
Basic Shares Outstanding - 324.9M 328.6M 327.8M - -
Diluted Shares Outstanding - 328.5M 333.2M 331.9M - -
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Cash & Cash Equivalents $5.94B $8.77B $6.06B $7.17B $18.28B
Short-term Investments $6.30B $5.71B $8.33B $9.25B $123.00M
Accounts Receivable $2.39B $2.16B $1.90B $1.80B $1.66B
Other Current Assets $671.00M $673.00M $609.00M $689.00M $745.00M
Total Current Assets $16.86B $18.88B $18.49B $20.06B $21.83B
Property Plant & Equipment $46.12B $42.91B $39.81B - -
Goodwill $4.53B $4.53B $4.53B $4.53B $4.53B
Intangible Assets $2.65B $2.68B $2.73B $2.76B $2.80B
Other Non-current Assets - - $8.89B $8.96B $9.62B
Total Assets $76.45B $74.08B $71.10B $67.36B $68.17B
Accounts Payable $4.57B $4.19B $3.83B $3.40B $2.56B
Other Current Liabilities $757.00M $948.00M $806.00M $779.00M $560.00M
Total Current Liabilities $26.13B $23.31B $22.20B $19.99B $18.30B
Long-term Debt $17.17B $21.68B $25.06B $28.28B $30.36B
Deferred Tax Liabilities $2.46B $1.58B $594.00M - -
Other Non-current Liabilities $1.48B $1.53B $1.41B $1.37B $1.28B
Common Stock $4.00M $4.00M $4.00M $4.00M $4.00M
Retained Earnings $10.09B $6.88B $3.83B $1.26B $625.00M
Treasury Stock - - - $3.53B $3.81B
Total Stockholders Equity $15.28B $12.68B $9.32B $6.90B $5.03B
Total Liabilities & Equity $76.45B $74.08B $71.10B $67.36B $68.17B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Net Income $3.35B $3.35B $3.15B $2.62B $737.00M $-1.96B
Depreciation & Amortization $3.67B $2.94B $2.93B $2.67B $2.46B $2.48B
Deferred Income Tax - $925.00M $935.00M $756.00M $248.00M $-583.00M
Change in Receivables - $297.00M $-280.00M $100.00M $158.00M $448.00M
Change in Payables - $674.00M $178.00M $572.00M $796.00M $985.00M
Operating Cash Flow $18.07B $8.43B $9.45B $6.91B $6.07B $2.07B
Capital Expenditure $9.63B $5.87B $5.62B $7.17B $4.82B $2.11B
Investing Cash Flow $-10.85B $-6.35B $-2.65B $-6.11B $-13.83B $-1.67B
Debt Repayment $7.39B $4.77B $10.14B $4.25B $4.01B $5.21B
Stock Repurchased $1.57B $637.00M $162.00M - - -
Financing Cash Flow $-8.70B $-4.95B $-4.18B $-1.89B $-3.35B $6.40B
Net Change in Cash $-1.49B $-2.87B $2.61B $-1.09B $-11.11B $6.79B
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $15.22B $14.84B $43.67B $42.37B
Operating Expenses $13.83B $13.28B $40.34B $38.77B
Operating Income $1.40B $1.56B $3.33B $3.59B
Interest Expense $331.00M $379.00M $1.05B $1.26B
Interest Income $142.00M $187.00M $473.00M $554.00M
Other Income/Expense $9.00M $-50.00M $86.00M $-40.00M
Income Before Tax $1.25B $1.29B $2.98B $2.86B
Income Tax Expense $306.00M $321.00M $672.00M $697.00M
Net Income $949.00M $965.00M $2.31B $2.16B
Basic EPS 2.93 2.93 7.10 6.58
Diluted EPS 2.90 2.90 7.02 6.49
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $6.73B $8.77B
Short-term Investments $6.60B $5.71B
Accounts Receivable $2.43B $2.16B
Other Current Assets $744.00M $673.00M
Total Current Assets $18.09B $18.88B
Property Plant & Equipment $44.97B $42.91B
Goodwill $4.53B $4.53B
Intangible Assets $2.66B $2.68B
Total Assets $76.31B $74.08B
Accounts Payable $4.64B $4.19B
Other Current Liabilities $763.00M $948.00M
Total Current Liabilities $27.12B $23.31B
Long-term Debt $20.81B $25.20B
Deferred Tax Liabilities $2.21B $1.58B
Other Non-current Liabilities $1.51B $1.53B
Common Stock $4.00M $4.00M
Retained Earnings $9.05B $6.88B
Total Stockholders Equity $14.31B $12.68B
Total Liabilities & Equity $76.31B $74.08B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $949.00M $965.00M $2.31B $2.16B
Depreciation & Amortization $730.00M $742.00M $2.19B $2.17B
Operating Cash Flow - - $7.14B $7.22B
Capital Expenditure - - $3.98B $3.94B
Investing Cash Flow - - $-4.79B $-936.00M
Debt Repayment - - $4.20B $8.79B
Stock Repurchased - - $610.00M $82.00M
Financing Cash Flow - - $-4.44B $-3.59B
Net Change in Cash - - $-2.08B $2.69B

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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