United Airlines Holdings, Inc. (ETR:UAL1)

United Airlines Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	9,354	8,769	6,058	7,166	18,283	11,269
Short-Term Investments	6,262	5,706	8,330	9,248	123	414
Cash & Short-Term Investments	15,616	14,475	14,388	16,414	18,406	11,683
Cash Growth	2.41%	0.60%	-12.34%	-10.82%	57.55%	136.31%
Accounts Receivable	2,286	2,163	1,898	1,801	1,663	1,295
Inventory	1,547	1,572	1,561	1,109	983	932
Other Current Assets	809	673	640	734	782	890
Total Current Assets	20,258	18,883	18,487	20,058	21,834	14,800
Net Property, Plant & Equipment	4,517	3,815	3,914	38,337	36,719	36,003
Other Intangible Assets	2,669	2,683	2,725	2,762	2,803	2,838
Goodwill	4,527	4,527	4,527	4,527	4,527	4,527
Long-Term Investments	1,295	1,267	1,636	1,373	1,420	1,000
Other Long-Term Assets	-	-	-	301	872	380
Total Assets	77,163	74,083	71,104	67,358	68,175	59,548
Accounts Payable	4,920	4,193	3,835	3,395	2,562	1,595
Accrued Expenses	3,211	3,289	2,940	1,971	2,121	1,960
Current Portion of Long-Term Debt	6,194	3,453	4,247	2,911	3,002	1,911
Current Portion of Leases	541	467	576	665	632	794
Unearned Revenue	13,216	10,964	9,799	10,248	8,593	5,741
Other Current Liabilities	910	948	806	802	1,394	724
Total Current Liabilities	28,992	23,314	22,203	19,992	18,304	12,725
Long-Term Debt	20,885	25,203	27,413	28,283	30,361	24,836
Long-Term Leases	5,166	4,510	4,503	4,574	5,372	5,210
Other Long-Term Liabilities	8,747	8,381	7,661	7,613	9,110	10,817
Total Long-Term Liabilities	34,798	38,094	39,577	40,470	44,843	40,863
Total Liabilities	63,790	61,408	61,780	60,462	63,147	53,588
Common Stock	4	4	4	4	4	4
Treasury Stock	-3,737	-3,377	-3,441	-3,534	-3,814	-3,897
Additional Paid-in Capital	8,855	8,980	8,992	8,986	9,156	8,366
Accumulated Other Comprehensive Income	142	188	-62	175	-942	-1,139
Retained Earnings	8,110	6,880	3,831	1,265	625	2,626
Shareholders' Equity	13,373	12,675	9,324	6,896	5,029	5,960
Total Liabilities & Equity	77,163	74,083	71,104	67,358	68,175	59,548
Total Debt	32,786	33,633	36,739	36,433	39,367	32,751
Net Cash (Debt)	-17,170	-19,158	-22,351	-20,019	-20,961	-21,068
Net Cash Per Share	-51.80	-57.50	-67.34	-60.65	-65.12	-75.40
Book Value	13,373	12,675	9,324	6,896	5,029	5,960
Book Value Per Share	40.35	38.04	28.09	20.89	15.62	21.33
Tangible Book Value	6,177	5,465	2,072	-393	-2,301	-1,405
Tangible Book Value Per Share	18.64	16.40	6.24	-1.19	-7.15	-5.03

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.