Company Analysis

United Airlines Holdings, Inc. (UAL)

Nasdaq: UAL · Air Transportation, Scheduled · Chicago, IL · filing with the SEC since 1994
Grade5.1
◀ Past 3.7● Present 6.0▶ Future 5.1
The companyfiscal 2025, as filed
Revenue$59.07B+3.5%
Net income$3.35B+6.5%
Earnings per share$10.20+7.9%
Operating cash flow$8.43B-10.7%
Cash$5.94B-32.2%
Debt$17.17B-20.8%
Shareholders’ equity$15.28B+20.6%
Shares, diluted328.5M-1.4%
Return on equity21.9%
The recordfrom its filings
Filings in 2026124
Newest filingNov 10 · 144
Annual reportFeb 12, 2026
Quarterly reportOct 21, 2026
Next report due10-K by Mar 1
Insider sales, 12 months$75.6M
Insider buys, 12 months$0.00
Patents granted34
Filer categoryLarge accelerated filer
Trailing twelve months to Sep 2026Revenue $65.55BNet income $3.58BCash from operations $8.16Bthe four newest filed quarters added
Left: the newest annual report, with the change on the year before. Right: counted from the company's own filings with the SEC.
Revenue and net income by fiscal yearRevenueNet income
16171819202122232425
As filed, in USD. Nothing here is a forecast.

The company now

United Airlines Holdings reported third-quarter 2026 operating revenue of $17.9 billion on 20 October, up 17.4 percent from a year earlier and a record for the company 1. Net income was $1.0 billion, or $3.14 a share after dilution 1.

Passenger revenue rose 17.6 percent, mainly because the average fare per mile flown, called the yield, rose 16.8 percent, the quarterly report says 3. Profit grew less, because fuel cost $4.8 billion, 61.6 percent more, at an average of $3.90 a gallon against $2.43 3. The company ties the fuel bill to conflicts in the Middle East and says it cut flying and adjusted fares and fees in response 3.

For the fourth quarter the company assumes jet fuel at about $4.80 a gallon and expects adjusted earnings per share of $0.50 to $1.50 2. It says each cent a gallon moves the quarter's earnings by about 2.5 cents a share, so the open question is what fuel costs from here 2.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

News

Nov 10, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Nov 10, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Nov 10, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Nov 10, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
Nov 6, 2026 · SEC EDGAR · Form 4
Insider trade report
Open the filing on sec.gov
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SI Assistanton UAL · research, not advice