United Airlines Holdings, Inc. (UAL)
NASDAQ: UAL · Real-Time Price · USD
104.55
-2.03 (-1.90%)
At close: Sep 15, 2025, 4:00 PM EDT
104.25
-0.30 (-0.29%)
After-hours: Sep 15, 2025, 7:59 PM EDT
United Airlines Holdings Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 | +20 Quarters |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 | Dec '20 Dec 31, 2020 | Sep '20 Sep 30, 2020 | +20 Quarters |
Cash & Equivalents | 9,354 | 9,370 | 8,769 | 8,812 | 10,864 | 8,401 | 6,058 | 7,478 | 9,605 | 7,634 | 7,166 | 11,258 | 16,885 | 18,468 | 18,283 | 19,256 | 20,838 | 12,666 | 11,269 | 13,150 | Upgrade |
Short-Term Investments | 6,262 | 5,960 | 5,706 | 5,352 | 4,384 | 5,591 | 8,330 | 9,608 | 9,533 | 9,522 | 9,248 | 7,437 | 3,190 | 211 | 123 | 166 | 230 | 309 | 414 | 552 | Upgrade |
Cash & Short-Term Investments | 15,616 | 15,330 | 14,475 | 14,164 | 15,248 | 13,992 | 14,388 | 17,086 | 19,138 | 17,156 | 16,414 | 18,695 | 20,075 | 18,679 | 18,406 | 19,422 | 21,068 | 12,975 | 11,683 | 13,702 | Upgrade |
Cash Growth | 2.41% | 9.56% | 0.60% | -17.10% | -20.33% | -18.44% | -12.34% | -8.61% | -4.67% | -8.15% | -10.82% | -3.74% | -4.71% | 43.96% | 57.55% | 41.75% | 182.30% | 148.52% | 136.31% | 167.30% | Upgrade |
Receivables | 2,286 | 2,288 | 2,163 | 2,042 | 2,376 | 2,259 | 1,898 | 2,193 | 2,004 | 2,274 | 1,801 | 2,034 | 2,217 | 2,062 | 1,663 | 1,709 | 1,793 | 1,389 | 1,295 | 1,171 | Upgrade |
Inventory | 1,547 | 1,601 | 1,572 | 1,639 | 1,680 | 1,675 | 1,561 | 1,513 | 1,290 | 1,196 | 1,109 | 1,116 | 1,153 | 1,068 | 983 | 955 | 912 | 918 | 932 | 961 | Upgrade |
Prepaid Expenses | 801 | 728 | 673 | 690 | 669 | 730 | 640 | 728 | 836 | 787 | 689 | 783 | 883 | 762 | 745 | 717 | 646 | 483 | 635 | 566 | Upgrade |
Restricted Cash | 8 | 200 | - | 36 | 30 | 40 | - | 392 | 38 | 173 | 45 | 61 | 43 | 41 | 37 | 254 | 254 | 254 | 255 | 76 | Upgrade |
Other Current Assets | - | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Upgrade |
Total Current Assets | 20,258 | 20,148 | 18,883 | 18,571 | 20,003 | 18,696 | 18,487 | 21,912 | 23,306 | 21,586 | 20,058 | 22,689 | 24,371 | 22,612 | 21,834 | 23,057 | 24,673 | 16,019 | 14,800 | 16,476 | Upgrade |
Property, Plant & Equipment | 48,413 | 47,522 | 43,296 | 42,048 | 41,011 | 40,807 | 40,179 | 38,956 | 38,021 | 36,863 | 35,517 | 34,254 | 33,955 | 34,200 | 34,504 | 34,646 | 34,772 | 34,992 | 34,837 | 35,020 | Upgrade |
Long-Term Investments | 1,127 | 1,072 | 1,267 | 1,209 | 1,337 | 1,353 | 1,636 | 1,404 | 1,403 | 1,311 | 1,373 | 1,285 | 1,297 | 1,401 | 1,420 | 1,336 | 1,407 | 991 | 1,000 | 810 | Upgrade |
Goodwill | 4,527 | 4,527 | 4,527 | 4,527 | 4,527 | 4,527 | 4,527 | 4,527 | 4,527 | 4,527 | 4,527 | 4,527 | 4,527 | 4,527 | 4,527 | 4,527 | 4,527 | 4,527 | 4,527 | 4,527 | Upgrade |
Other Intangible Assets | 2,669 | 2,676 | 2,683 | 2,691 | 2,699 | 2,717 | 2,725 | 2,735 | 2,744 | 2,753 | 2,762 | 2,772 | 2,782 | 2,792 | 2,803 | 2,815 | 2,827 | 2,840 | 2,838 | 2,852 | Upgrade |
Long-Term Deferred Tax Assets | - | - | - | - | - | - | - | - | - | 159 | 91 | 701 | 907 | 1,032 | 659 | 519 | 647 | 520 | 131 | - | Upgrade |
Other Long-Term Assets | 169 | 166 | 3,427 | 3,594 | 3,677 | 3,802 | 3,550 | 3,619 | 3,340 | 3,218 | 3,030 | 2,740 | 2,542 | 2,474 | 2,428 | 2,394 | 2,196 | 1,773 | 1,384 | 1,360 | Upgrade |
Total Assets | 77,163 | 76,111 | 74,083 | 72,640 | 73,254 | 71,902 | 71,104 | 73,153 | 73,341 | 70,417 | 67,358 | 68,968 | 70,381 | 69,038 | 68,175 | 69,294 | 71,049 | 61,662 | 59,548 | 61,189 | Upgrade |
Accounts Payable | 4,920 | 4,694 | 4,193 | 4,008 | 4,478 | 4,344 | 3,835 | 4,206 | 4,172 | 3,858 | 3,395 | 3,534 | 3,755 | 2,966 | 2,562 | 2,199 | 2,218 | 1,838 | 1,595 | 1,831 | Upgrade |
Accrued Expenses | 3,211 | 2,394 | 3,289 | 2,802 | 2,383 | 2,128 | 2,940 | 3,815 | 3,223 | 1,970 | 1,971 | 1,841 | 1,943 | 2,008 | 2,121 | 2,207 | 2,228 | 2,267 | 1,960 | 1,994 | Upgrade |
Current Portion of Long-Term Debt | 6,194 | 3,265 | 3,230 | 3,279 | 4,757 | 3,958 | 4,247 | 3,693 | 3,615 | 3,206 | 2,934 | 2,955 | 3,012 | 2,994 | 3,836 | 2,269 | 1,881 | 1,783 | 1,911 | 4,584 | Upgrade |
Current Portion of Leases | 541 | 506 | 690 | 647 | 726 | 737 | 576 | 869 | 796 | 714 | 665 | 1,524 | 1,535 | 1,787 | 632 | 685 | 727 | 802 | 812 | 759 | Upgrade |
Current Unearned Revenue | 13,216 | 13,950 | 10,964 | 11,791 | 12,617 | 12,687 | 9,799 | 11,361 | 12,943 | 12,990 | 10,248 | 11,389 | 12,521 | 11,420 | 8,593 | 8,492 | 10,191 | 6,753 | 5,741 | 5,679 | Upgrade |
Other Current Liabilities | 910 | 989 | 948 | 838 | 894 | 910 | 806 | 812 | 826 | 897 | 779 | 746 | 678 | 613 | 560 | 1,083 | 819 | 724 | 706 | 944 | Upgrade |
Total Current Liabilities | 28,992 | 25,798 | 23,314 | 23,365 | 25,855 | 24,764 | 22,203 | 24,756 | 25,575 | 23,635 | 19,992 | 21,989 | 23,444 | 21,788 | 18,304 | 16,935 | 18,064 | 14,167 | 12,725 | 15,791 | Upgrade |
Long-Term Debt | 20,885 | 24,398 | 25,135 | 22,207 | 21,687 | 23,059 | 27,413 | 27,580 | 28,181 | 27,460 | 29,127 | 28,490 | 29,175 | 29,665 | 31,224 | 31,520 | 32,303 | 25,849 | 24,836 | 22,297 | Upgrade |
Long-Term Leases | 5,166 | 4,756 | 4,578 | 7,226 | 7,084 | 7,090 | 4,503 | 4,564 | 4,752 | 5,804 | 4,574 | 5,407 | 5,698 | 5,852 | 5,371 | 6,819 | 6,853 | 6,793 | 6,350 | 6,178 | Upgrade |
Long-Term Unearned Revenue | 4,114 | 4,118 | 4,038 | 4,057 | 4,101 | 4,193 | 4,048 | 4,107 | 4,183 | 4,028 | 3,982 | 3,936 | 3,905 | 3,901 | 4,043 | 4,088 | 4,086 | 4,858 | 5,067 | 5,063 | Upgrade |
Long-Term Deferred Tax Liabilities | 1,919 | 1,624 | 1,580 | 1,224 | 951 | 545 | 594 | 472 | 133 | - | - | - | - | - | - | - | - | - | - | 389 | Upgrade |
Other Long-Term Liabilities | 1,515 | 1,549 | 1,530 | 1,500 | 1,440 | 1,453 | 1,414 | 1,400 | 1,367 | 1,386 | 1,369 | 1,354 | 1,297 | 1,293 | 1,284 | 1,360 | 1,350 | 1,298 | 1,156 | 1,174 | Upgrade |
Total Liabilities | 63,790 | 63,495 | 61,408 | 61,203 | 62,728 | 62,714 | 61,780 | 64,300 | 65,636 | 63,749 | 60,462 | 64,070 | 66,417 | 65,414 | 63,146 | 63,863 | 66,145 | 56,456 | 53,588 | 54,186 | Upgrade |
Common Stock | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | Upgrade |
Additional Paid-In Capital | 8,855 | 8,813 | 8,980 | 8,945 | 9,001 | 8,973 | 8,992 | 8,968 | 8,945 | 8,926 | 8,986 | 8,970 | 8,970 | 8,953 | 9,156 | 9,094 | 9,042 | 8,923 | 8,366 | 7,383 | Upgrade |
Retained Earnings | 8,110 | 7,137 | 6,880 | 5,896 | 4,986 | 3,664 | 3,831 | 3,232 | 2,095 | 1,020 | 1,265 | 421 | -515 | -844 | 625 | 1,271 | 804 | 1,239 | 2,626 | 4,524 | Upgrade |
Treasury Stock | -3,737 | -3,502 | -3,377 | -3,299 | -3,368 | -3,372 | -3,441 | -3,442 | -3,442 | -3,443 | -3,534 | -3,533 | -3,551 | -3,552 | -3,814 | -3,814 | -3,832 | -3,834 | -3,897 | -3,898 | Upgrade |
Comprehensive Income & Other | 141 | 164 | 188 | -109 | -97 | -81 | -62 | 91 | 103 | 161 | 175 | -964 | -944 | -937 | -942 | -1,124 | -1,114 | -1,126 | -1,139 | -1,009 | Upgrade |
Shareholders' Equity | 13,373 | 12,616 | 12,675 | 11,437 | 10,526 | 9,188 | 9,324 | 8,853 | 7,705 | 6,668 | 6,896 | 4,898 | 3,964 | 3,624 | 5,029 | 5,431 | 4,904 | 5,206 | 5,960 | 7,003 | Upgrade |
Total Liabilities & Equity | 77,163 | 76,111 | 74,083 | 72,640 | 73,254 | 71,902 | 71,104 | 73,153 | 73,341 | 70,417 | 67,358 | 68,968 | 70,381 | 69,038 | 68,175 | 69,294 | 71,049 | 61,662 | 59,548 | 61,189 | Upgrade |
Total Debt | 32,786 | 32,925 | 33,633 | 33,359 | 34,254 | 34,844 | 36,739 | 36,706 | 37,344 | 37,184 | 37,300 | 38,376 | 39,420 | 40,298 | 41,063 | 41,293 | 41,764 | 35,227 | 33,909 | 33,818 | Upgrade |
Net Cash (Debt) | -17,170 | -17,595 | -19,158 | -19,195 | -19,006 | -20,852 | -22,351 | -19,620 | -18,206 | -20,028 | -20,886 | -19,681 | -19,345 | -21,619 | -22,657 | -21,871 | -20,696 | -22,252 | -22,226 | -20,116 | Upgrade |
Net Cash Per Share | -52.48 | -52.84 | -57.27 | -57.69 | -56.92 | -63.52 | -67.46 | -59.03 | -54.92 | -61.17 | -63.21 | -59.73 | -58.57 | -66.52 | -69.97 | -66.48 | -63.96 | -70.28 | -74.84 | -69.13 | Upgrade |
Filing Date Shares Outstanding | 323.73 | 326.6 | 327.34 | 328.88 | 328.83 | 328.8 | 328.03 | 328.01 | 327.98 | 327.97 | 327.09 | 326.93 | 326.74 | 326.73 | 324.63 | 323.81 | 323.61 | 323.58 | 318.48 | 290.99 | Upgrade |
Total Common Shares Outstanding | 323.8 | 327.49 | 327.9 | 328.85 | 328.83 | 328.8 | 328.02 | 328.01 | 327.98 | 327.97 | 326.93 | 326.93 | 326.74 | 326.73 | 323.81 | 323.81 | 323.61 | 323.58 | 311.85 | 290.99 | Upgrade |
Working Capital | -8,734 | -5,650 | -4,431 | -4,794 | -5,852 | -6,068 | -3,716 | -2,844 | -2,269 | -2,049 | 66 | 700 | 927 | 824 | 3,530 | 6,122 | 6,609 | 1,852 | 2,075 | 685 | Upgrade |
Book Value Per Share | 41.30 | 38.52 | 38.66 | 34.78 | 32.01 | 27.94 | 28.43 | 26.99 | 23.49 | 20.33 | 21.09 | 14.98 | 12.13 | 11.09 | 15.53 | 16.77 | 15.15 | 16.09 | 19.11 | 24.07 | Upgrade |
Tangible Book Value | 6,177 | 5,413 | 5,465 | 4,219 | 3,300 | 1,944 | 2,072 | 1,591 | 434 | -612 | -393 | -2,401 | -3,345 | -3,695 | -2,301 | -1,911 | -2,450 | -2,161 | -1,405 | -376 | Upgrade |
Tangible Book Value Per Share | 19.08 | 16.53 | 16.67 | 12.83 | 10.04 | 5.91 | 6.32 | 4.85 | 1.32 | -1.87 | -1.20 | -7.34 | -10.24 | -11.31 | -7.11 | -5.90 | -7.57 | -6.68 | -4.51 | -1.29 | Upgrade |
Machinery | - | - | 52,696 | 50,933 | 49,814 | 49,277 | 48,448 | 46,938 | 45,784 | 44,298 | 42,775 | 40,867 | 40,044 | 39,733 | 39,584 | 39,312 | 39,109 | 38,851 | 38,218 | 38,167 | Upgrade |
Updated Jul 16, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.