United Airlines Holdings, Inc. (UAL)
Industrials · Airlines · NasdaqGS
United Airlines Holdings, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $36.56B | $37.74B | $41.30B | $43.26B | $15.36B | $24.63B | $44.95B | $53.72B | $57.06B | $59.07B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $2.23B | $2.14B | $2.12B | $3.01B | $-7.07B | $-1.96B | $737.00M | $2.62B | $3.15B | $3.35B |
| Net margin | 6.1% | 5.7% | 5.1% | 7.0% | -46.0% | -8.0% | 1.6% | 4.9% | 5.5% | 5.7% |
Source: United Airlines Holdings, Inc. SEC filings (10-K). 18 years of history available in the interactive view.
What growth is priced into UAL stock?
At today's market cap of $35.58B, United Airlines Holdings, Inc. is priced for free-cash-flow growth of about 2.7% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $2.56B from the FY ending 2025-12-31). For comparison, revenue 30.9%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 18 years of United Airlines Holdings, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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United Airlines Holdings, Inc. financial history by metric
About United Airlines Holdings, Inc.
United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in the United States, Canada, Atlantic, the Pacific, and Latin America. It transports people and cargo through its mainline and regional fleets. The company also offers ground handling, flight academy, frequent flyer award non-travel redemptions, and maintenance services for third parties. In addition, it provides freight and mail transportation services to commercial businesses, freight forwarders, logistics firms, and national postal services, as well as loyalty programs. The company distributes its products through direct channels, such as the Company's website and the Company's mobile app; and traditional travel agencies, online travel agencies, and other intermediaries. 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 based in Chicago, Illinois.
United Airlines Holdings, Inc. — frequently asked questions
What is United Airlines Holdings, Inc.'s revenue?
United Airlines Holdings, Inc. (UAL) reported revenue of $59.07B for fiscal year 2025, up 3.5% from the prior year, according to its SEC filings.
Is United Airlines Holdings, Inc. profitable?
Yes. UAL earned net income of $3.35B in fiscal 2025, a net margin of 5.7%.
What is UAL's P/E ratio?
United Airlines Holdings, Inc. trades at a price-to-earnings ratio of about 9.8 based on the latest data in our nightly-refreshed cache.
How fast is United Airlines Holdings, Inc. growing?
UAL's revenue grew at roughly 30.9% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does United Airlines Holdings, Inc. have?
As of fiscal year 2025, UAL carried roughly $17.17B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is United Airlines Holdings, Inc.'s market cap?
United Airlines Holdings, Inc. (UAL) has a market capitalization of about $35.58B, based on the latest data in our nightly-refreshed cache.
When does United Airlines Holdings, Inc.'s fiscal year end?
UAL's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into UAL stock?
At today's market cap of $35.58B, United Airlines Holdings, Inc. is priced for free-cash-flow growth of about 2.7% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $2.56B from the FY ending 2025-12-31). For comparison, revenue 30.9%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from United Airlines Holdings, Inc.'s official SEC filings (10-K and 10-Q), covering 18 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.