United Airlines Holdings, Inc. (UAL) Financial Statements

United Airlines Holdings, Inc.

UAL · NASDAQ-GS

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Total Revenue	$59.07B	$57.06B	$53.72B	$44.95B	$24.63B	$15.36B	$43.26B	$41.30B
Operating Expenses	$54.36B	$51.97B	$49.51B	$42.62B	$25.66B	$21.71B	$38.96B	$38.07B
Operating Income	$4.71B	$5.10B	$4.21B	$2.34B	-$1.02B	-$6.36B	$4.30B	$3.23B
Interest Expense	—	—	—	—	—	—	—	$670.00M
Other Income / (Expense)	-$408.00M	-$928.00M	-$824.00M	-$1.35B	-$1.53B	-$2.46B	-$387.00M	-$581.00M
Income Before Taxes	$4.31B	$4.17B	$3.39B	$990.00M	-$2.56B	-$8.82B	$3.91B	$2.65B
Provision for Income Taxes	$953.00M	$1.02B	$769.00M	$253.00M	-$593.00M	-$1.75B	$905.00M	$526.00M
Net Income	$3.35B	$3.15B	$2.62B	$737.00M	-$1.96B	-$7.07B	$3.01B	$2.12B
Basic EPS	$10.32	$9.58	$7.98	$2.26	-$6.10	-$25.30	$11.63	$7.70
Diluted EPS	$10.20	$9.45	$7.89	$2.23	-$6.10	-$25.30	$11.58	$7.67
Basic Shares Outstanding	324.90M	328.60M	327.80M	326.40M	321.90M	279.40M	258.80M	275.50M
Diluted Shares Outstanding	328.50M	333.20M	331.90M	330.10M	321.90M	279.40M	259.90M	276.70M

Analyst Estimates

Period	Consensus EPS	Low	High	Estimates	Revisions
Dec 2026	$10.48	$10.00	$11.13	8	↑4 ↓4
Dec 2027	$16.08	$13.50	$22.11	9	↑7 ↓0
Dec 2028	$16.60	$14.30	$18.24	5	↑4 ↓0
Dec 2029	$9.98	$9.98	$9.98	1	↑1 ↓0

Forward estimates are the sell-side consensus reported by Nasdaq, not a metir forecast.

Symbol: UAL
Type: Stock
Sector: Consumer Discretionary
Industry: Air Freight/Delivery Services
Country: North America
Exchange: NASDAQ-GS

At United, Good Leads The Way. With U.S. hubs in Chicago, Denver, Houston, Los Angeles, New York / Newark, San Francisco and Washington, D.C., United operates the most comprehensive global route network among North American carriers and is now the largest airline in the world as measured by available seat miles. For more about how to join the United team, please visit www.united.com/careers and more information about the company is at www.united.com. United Airlines Holdings, Inc., the parent company of United Airlines, Inc., is traded on the Nasdaq under the symbol 'UAL'.

Key Issues

Bullish view

Easing Middle East tensions and the prospect of reopening the Strait of Hormuz supported strong gains across the market and helped UAL advance sharply in the final two sessions.

Bearish view

The supplied evidence identifies no UAL-specific catalyst, so the advance may reflect temporary market-wide risk relief rather than a durable change in United's operating outlook.

Analyst Consensus

See all

Buy

20 analysts

$133

Current

—

Low

$161

Average

—

High

Average target implies +20.88% versus the current price.

Earnings History

BeatMissNo estimate

Peers

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