United Airlines Holdings, Inc. (UAL)

United Airlines Holdings Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	53,717	44,955	24,634	15,355	43,259
Revenue Growth (YoY)	19.49%	82.49%	60.43%	-64.50%	4.74%
Cost of Revenue	21,060	20,393	11,862	8,375	16,427
Gross Profit	32,657	24,562	12,772	6,980	26,832
Selling, General & Admin	16,764	13,001	10,243	9,981	13,722
Other Operating Expenses	11,682	9,224	3,551	3,358	8,809
Operating Expenses	28,446	22,225	13,794	13,339	22,531
Operating Income	4,211	2,337	-1,022	-6,359	4,301
Interest Expense / Income	1,956	1,778	1,657	1,063	731
Other Expense / Income	-1,132	-431	-122	1,400	-344
Pretax Income	3,387	990	-2,557	-8,822	3,914
Income Tax	769	253	-593	-1,753	905
Net Income	2,618	737	-1,964	-7,069	3,009
Net Income Growth	255.22%	-	-	-	41.80%
Shares Outstanding (Basic)	328	327	324	291	253
Shares Change	0.33%	0.96%	11.28%	15.00%	-7.13%
EPS (Basic)	7.98	2.26	-6.10	-25.30	11.63
EPS (Diluted)	7.89	2.23	-6.10	-25.30	11.58
EPS Growth	253.81%	-	-	-	50.98%
Free Cash Flow	-221	1,454	67	-5,854	2,430
Free Cash Flow Per Share	-0.67	4.45	0.21	-20.12	9.60
Gross Margin	60.79%	54.64%	51.85%	45.46%	62.03%
Operating Margin	7.84%	5.20%	-4.15%	-41.41%	9.94%
Profit Margin	4.87%	1.64%	-7.97%	-46.04%	6.96%
Free Cash Flow Margin	-0.41%	3.23%	0.27%	-38.12%	5.62%
Effective Tax Rate	22.70%	25.56%	-	-	23.12%
EBITDA	8,014	5,224	1,585	-5,271	6,933
EBITDA Margin	14.92%	11.62%	6.43%	-34.33%	16.03%
Depreciation & Amortization	2,671	2,456	2,485	2,488	2,288
EBIT	5,343	2,768	-900	-7,759	4,645
EBIT Margin	9.95%	6.16%	-3.65%	-50.53%	10.74%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).