UAL - NASDAQ

United Airlines Holdings, Inc.

UAL·NASDAQ

$105.14

-3.4%

IndustrialsAirlines, Airports & Air Services

United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, training, and maintenance services for third parties. The company was formerly known as United Continental Holdings, Inc. and changed its name to United Airlines Holdings, Inc. in June 2019. United Airlines Holdings, Inc. was incorporated in 1968 and is headquartered in Chicago, Illinois.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$34.13B

EPS10.2100

P/E Ratio10.30

Earnings Date07/15/2026

76.45B

Assets

3Y+13.0%

5Y+28.0%

10Y+90.0%

61.17B

Total Liabilities

3Y+1.0%

5Y+14.0%

10Y+94.0%

15.28B

Total Equity

21%

3Y+122.0%

5Y+156.0%

10Y+76.0%

United Airlines Holdings, Inc. Funding & Solvency Profile

UAL · NASDAQ

Current Assets

Cash & Cash Equivalents5.94B

Net Receivables2.39B

Inventory1.56B

Other Current Assets670.00M

Total Current Assets17 B

Non-Current Assets

Property, Plant & Equipment51.71B

Goodwill & Intangible Assets7.18B

Long-Term Investments1.33B

Other Non-Current Assets-631.00M

Total Non-Current Assets52 B

Total Assets

76.45B

Financial Health Analysis

Current Ratio

0.65x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

4.00x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-9276000000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

22% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

United Airlines Holdings, Inc. Balance Sheet

UAL • NASDAQ

United Airlines Holdings, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	5.9B	8.8B	6.1B	7.2B	18.3B	11.3B	2.8B	1.7B	1.5B	2.2B	3B	2B	3.2B	4.8B	6.2B	8.1B	3B	2B	1.3B	3.8B
Short-Term Investments	6.3B	5.7B	8.3B	9.2B	123M	414M	2.2B	2.3B	2.3B	2.2B	2.2B	2.4B	1.9B	1.8B	1.5B	611M	0.0	0.0	2.3B	312M
Cash & Short-Term Investments	12.2B	14.5B	14.4B	16.4B	18.4B	11.7B	4.9B	4B	3.8B	4.4B	5.2B	4.4B	5.1B	6.5B	7.8B	8.7B	3B	2B	3.6B	4.1B
Net Receivables	2.4B	2.2B	1.9B	1.8B	1.7B	1.3B	1.4B	1.4B	1.3B	1.2B	1.1B	1.1B	1.5B	1.3B	1.4B	1.6B	743M	714M	888M	820M
Accounts Receivables	2.4B	2.2B	1.9B	1.8B	1.7B	1.3B	1.4B	1.4B	1.3B	1.2B	1.1B	1.1B	1.5B	1.3B	1.4B	1.6B	743M	714M	888M	820M
Inventory	1.6B	1.6B	1.6B	1.1B	983M	932M	1.1B	985M	924M	873M	738M	666M	667M	695M	615M	466M	197M	237M	242M	218M
Prepaids	0.0	673M	609M	689M	745M	635M	814M	733M	1.1B	832M	740M	774M	704M	865M	607M	658M	364M	219M	1B	628M
Other Current Assets	670M	0.0	31M	45M	37M	255M	0.0	0.0	0.0	0.0	26M	577M	707M	608M	655M	628M	720M	1.6B	403M	463M
Total Current Assets	16.9B	18.9B	18.5B	20.1B	21.8B	14.8B	8.2B	7.1B	7.1B	7.3B	7.8B	7.5B	8.7B	10B	11B	12B	5.1B	4.9B	6.1B	6.3B
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	51.7B	46.7B	43.7B	38.3B	36.7B	36B	34.9B	32.7B	26.2B	23.3B	21.6B	19.5B	18B	17.3B	16.4B	16.9B	9.8B	10.3B	11.4B	11.5B
Goodwill	4.5B	4.5B	4.5B	4.5B	4.5B	4.5B	4.5B	4.5B	4.5B	4.5B	4.5B	4.5B	4.5B	4.5B	4.5B	4.5B	0.0	0.0	2.3B	2.7B
Intangible Assets	2.7B	2.7B	2.7B	2.8B	2.8B	2.8B	3B	3.2B	3.5B	3.6B	4.1B	4.3B	4.4B	4.6B	4.8B	4.9B	2.5B	2.7B	2.9B	3B
Goodwill & Intangible Assets	7.2B	7.2B	7.3B	7.3B	7.3B	7.4B	7.5B	7.7B	8.1B	8.2B	8.7B	8.8B	9B	9.1B	9.3B	9.4B	2.5B	2.7B	5.2B	5.7B
Long-Term Investments	1.3B	1.3B	348M	1.4B	1.4B	1B	1.2B	966M	806M	579M	0.0	0.0	0.0	0.0	0.0	103M	88M	81M	122M	113M
Tax Assets	0.0	0.0	0.0	91M	659M	131M	671M	0.0	0.0	655M	2B	0.0	0.0	0.0	0.0	0.0	0.0	799M	638M	688M
Other Non-Current Assets	-631M	0.0	1.3B	210M	213M	249M	130M	621M	137M	124M	757M	941M	1.1B	1.2B	1.3B	1.1B	1.2B	715M	855M	1.1B
Total Non-Current Assets	59.6B	55.2B	52.6B	47.3B	46.3B	44.7B	44.4B	41.9B	35.2B	32.8B	33B	29.2B	28.1B	27.6B	27B	27.6B	13.6B	14.6B	18.1B	19.1B
Other Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-167M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Assets	76.4B	74.1B	71.1B	67.4B	68.2B	59.5B	52.6B	49B	42.3B	40.1B	40.9B	36.6B	36.8B	37.6B	38B	39.6B	18.7B	19.5B	24.2B	25.4B
LIABILITIES
CURRENT LIABILITIES
Total Payables	4.6B	4.2B	3.8B	3.4B	2.6B	1.6B	2.7B	2.4B	2.2B	2.1B	1.9B	1.9B	2.1B	2.3B	2B	1.8B	803M	829M	1.1B	667M
Accounts Payable	4.6B	4.2B	3.8B	3.4B	2.6B	1.6B	2.7B	2.4B	2.2B	2.1B	1.9B	1.9B	2.1B	2.3B	2B	1.8B	803M	829M	877M	667M
Other Payables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	257M	0.0
Accrued Expenses	3.9B	3.3B	2.9B	2B	2.1B	2B	2.3B	2.2B	2.2B	2.3B	2.4B	1.8B	1.7B	1.8B	1.5B	1.5B	701M	756M	1B	1B
Short Term Debt	4.3B	3.5B	4.2B	2.9B	3B	1.9B	1.4B	1.2B	1.6B	849M	1.2B	1.3B	1.4B	1.8B	1.2B	2.4B	545M	782M	678M	1.7B
Capital Lease Obligations (Current)	727M	467M	576M	665M	632M	794M	732M	842M	128M	116M	135M	110M	117M	122M	125M	252M	426M	168M	250M	110M
Deferred Revenue	11.9B	3.4B	3.1B	2.7B	8.6B	5.7B	7.3B	2.3B	2.2B	2.1B	2.1B	2.1B	2.4B	2.4B	2.4B	2.6B	1.5B	1.4B	3.2B	3.5B
Other Current Liabilities	757M	8.5B	7.5B	8.4B	1.4B	724M	566M	4.9B	4.5B	4.7B	4.7B	5.3B	4.5B	4.4B	4.2B	4.1B	2.5B	3.3B	1.7B	984M
Total Current Liabilities	26.1B	23.3B	22.2B	20B	18.3B	12.7B	14.9B	13.8B	12.8B	12.3B	12.4B	12.5B	12.1B	12.8B	11.4B	12.6B	6.5B	7.3B	8B	7.9B
NON-CURRENT LIABILITIES
Long Term Debt	20.6B	25.2B	27.4B	28.3B	30.4B	24.8B	13.1B	12.2B	11.7B	9.9B	9.7B	10.1B	10.2B	10.4B	10.5B	11.4B	6.4B	5.9B	6.4B	7.5B
Deferred Revenue (Non-Current)	4.1B	4B	4B	4B	4B	5.1B	2.8B	2.7B	2.6B	3.2B	3.8B	2.9B	2.5B	2.8B	3.3B	3.5B	2.7B	2.8B	2.6B	2.6B
Deferred Tax Liabilities (Non-Current)	2.5B	1.6B	594M	844M	0.0	0.0	1.7B	814M	225M	0.0	0.0	1.6B	1.7B	1.5B	1.6B	1.6B	551M	804M	638M	688M
Other Non-Current Liabilities	2.5B	2.8B	3B	2.8B	5.1B	5.8B	3.3B	3.9B	5.4B	5.3B	5.2B	7.3B	6.6B	8.8B	8.5B	7.7B	4.2B	4B	3.1B	3.2B
Total Non-Current Liabilities	35B	38.1B	39.6B	40.5B	44.8B	40.9B	26.1B	25.1B	20.8B	19.2B	19.5B	22.4B	21.7B	24.3B	24.8B	25.2B	15B	14.6B	13.8B	15.3B
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-758M	0.0	0.0	0.0	0.0	0.0	-140M	0.0	0.0
Capital Lease Obligations	6.1B	5B	5.1B	5.2B	6B	6B	5.9B	6.3B	1.1B	938M	862M	681M	870M	914M	1.1B	1.3B	1.6B	1.4B	1.4B	1.5B
Total Liabilities	61.2B	61.4B	61.8B	60.5B	63.1B	53.6B	41.1B	39B	33.6B	31.5B	31.9B	34.2B	33.8B	37.1B	36.2B	37.9B	21.5B	21.8B	21.8B	23.2B
SHAREHOLDERS' EQUITY
Treasury Stock	-3.8B	-3.4B	-3.4B	-3.5B	-3.8B	-3.9B	-3.6B	-2B	-769M	-511M	-1.6B	-367M	-38M	-35M	-31M	-31M	-28M	-26M	-15M	-4M
Common Stock	4M	4M	4M	4M	4M	4M	3M	3M	3M	3M	4M	4M	4M	3M	3M	3M	2M	1M	1M	1M
Additional Paid-In Capital	8.9B	9B	9B	9B	9.2B	8.4B	6.1B	6.1B	6.1B	6.6B	7.9B	7.7B	7.4B	7.1B	7.1B	7.1B	3.1B	2.7B	2.1B	2.1B
Retained Earnings	10.1B	6.9B	3.8B	1.3B	625M	2.6B	9.7B	6.7B	4.5B	3.4B	3.5B	-3.9B	-5B	-5.6B	-4.9B	-5.7B	-6B	-5.2B	152M	16M
Accumulated Other Comprehensive Income/Loss	48M	188M	-62M	175M	-942M	-1.1B	-718M	-803M	-1.1B	-829M	-831M	-1.1B	608M	-1B	-417M	387M	35M	93M	141M	82M
Total Stockholders' Equity	15.3B	12.7B	9.3B	6.9B	5B	6B	11.5B	10B	8.7B	8.7B	9B	2.4B	3B	481M	1.8B	1.7B	-2.8B	-2.5B	2.4B	2.1B
Total Equity	15.3B	12.7B	9.3B	6.9B	5B	6B	11.5B	10B	8.7B	8.7B	9B	2.4B	3B	481M	1.8B	1.7B	-2.8B	-2.5B	2.4B	2.1B
SUMMARY
Total Liabilities & Equity	76.4B	74.1B	71.1B	67.4B	68.2B	59.5B	52.6B	49B	42.3B	40.1B	40.9B	36.6B	36.8B	37.6B	38B	39.6B	18.7B	19.5B	24.2B	25.4B
Total Investments	7.6B	7B	8.7B	10.6B	1.5B	1.4B	3.4B	3.2B	3.1B	2.8B	2.2B	2.4B	1.9B	1.8B	1.5B	714M	88M	81M	2.4B	425M
Total Debt	31B	33.6B	36.7B	36.4B	39.4B	32.8B	20.5B	19.8B	14.4B	11.7B	11.8B	12.1B	12.4B	13.2B	12.7B	15.1B	8.5B	8.1B	8.4B	10.6B
Net Debt	25.1B	24.9B	30.7B	29.3B	21.1B	21.5B	17.7B	18.1B	12.9B	9.5B	8.8B	10.1B	9.2B	8.4B	6.5B	7.1B	5.5B	6.1B	7.2B	6.8B
Shares Outstanding	323,737,989	323,737,989	323,737,989	323,737,989	323,737,989	323,737,989	323,737,989	323,737,989	323,737,989	323,737,989	323,737,989	323,737,989	323,737,989	323,737,989	323,737,989	323,737,989	323,737,989	323,737,989	323,737,989	323,737,989

SEC Filings

UAL - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 22, 2026	May 19, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 27, 2026	April 27, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	April 22, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 21, 2026	April 21, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 07, 2026	May 19, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 12, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 06, 2026	February 06, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 02, 2026	February 02, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 20, 2026	January 20, 2026	2026	View Filing
10-Q 10-Q 2025 Q3 Q3	October 16, 2025	September 30, 2025	2025	View Filing

Showing 1 to 10 of 887 filings

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