United Airlines Holdings, Inc.

10-K & 10-Q Filings

United Airlines Holdings, Inc. is a holding company with its wholly-owned subsidiary being United Airlines, Inc. United is a global airline that transports people and cargo throughout North America and to destinations in Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company's business strategy includes the United Next plan, which includes the purchase of new aircraft and the retrofitting of existing planes with new interiors. United's regional flight network is also a significant part of its business, with regional capacity accounting for approximately 6% of the Company's total capacity. The company has alliances with other airlines and participates in passenger and cargo joint business arrangements. United's loyalty program, MileagePlus, allows customers to earn and redeem miles for flights and other rewards. The company's website is located at www.united.com and its ticker symbol is UAL.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$37110.00
37152.00
38279.00
38901.00
37864.00
36556.00
37736.00
41303.00
43259.00
15355.00
24634.00
44955.00
53717.00
11429.00
12539.00
3.13%9.71%Cost of Revenue (-)
$12375.00
13138.00
12345.00
11675.00
7522.00
5813.00
6913.00
9307.00
8953.00
3153.00
5755.00
13113.00
12651.00
3174.00
2954.00
0.18%-6.93%Gross Profit (+)
$24735.00
24014.00
25934.00
27226.00
30342.00
30743.00
30823.00
31996.00
34306.00
12202.00
18879.00
31842.00
41066.00
8255.00
9585.00
4.32%16.11%Selling, General & Administrative (-)
$9087.00
9297.00
10015.00
10308.00
11055.00
11578.00
12394.00
13016.00
13722.00
9981.00
10243.00
13001.00
16764.00
3725.00
4412.00
5.24%18.44%Depreciation & Amortization (-)
$1547.00
1522.00
1689.00
1679.00
1819.00
1977.00
2149.00
2240.00
2288.00
2488.00
2485.00
2456.00
2671.00
655.00
708.00
4.66%8.09%Non-recurring Operating Expenses (-)
$
443.00
326.00
638.00
176.00
487.00
246.00
-2616.00
-3367.00
140.00
949.00
14.00
13.00
-7.14%Operating Expenses (-)
$22913.00
23975.00
24685.00
24853.00
25176.00
26405.00
27325.00
28704.00
30005.00
18561.00
19901.00
29505.00
36855.00
8298.00
9486.00
4.04%14.32%Costs & Expenses (Total) (-)
$35288.00
37113.00
37030.00
36528.00
32698.00
32218.00
34238.00
38011.00
38958.00
21714.00
25656.00
42618.00
49506.00
11472.00
12440.00
2.86%8.44%Operating Income/Loss (+)
$1822.00
39.00
1249.00
2373.00
5166.00
4338.00
3498.00
3292.00
4301.00
-6359.00
-1022.00
2337.00
4211.00
-43.00
99.00
7.23%330.23%Non-operating Income/Expense (+)
$-977.00
-763.00
-710.00
-1245.00
-947.00
-519.00
-499.00
-634.00
-387.00
-2463.00
-1535.00
-1347.00
-824.00
-213.00
-263.00
-23.47%Interest Expense (-)
$949.00
835.00
783.00
735.00
669.00
614.00
643.00
729.00
Earnings before Tax (+)
$845.00
-724.00
539.00
1128.00
4219.00
3819.00
2999.00
2658.00
3914.00
-8822.00
-2557.00
990.00
3387.00
-256.00
-164.00
12.27%35.94%Tax Expense (-)
$5.00
-1.00
-32.00
-4.00
-3121.00
1556.00
868.00
529.00
905.00
-1753.00
-593.00
253.00
769.00
-62.00
-40.00
52.14%35.48%Income/Loss (Continuing Operations) (+)
$840.00
-723.00
571.00
1132.00
7340.00
2263.00
2131.00
2129.00
3009.00
-7069.00
-1964.00
737.00
2618.00
-194.00
-124.00
9.94%36.08%Net Income/Loss (+)
$840.00
-723.00
571.00
1132.00
7340.00
2263.00
2131.00
2129.00
3009.00
-7069.00
-1964.00
737.00
2618.00
-194.00
-124.00
9.94%36.08%Net Income/Loss (Common) (+)
$840.00
-723.00
571.00
1132.00
7340.00
2263.00
2131.00
2129.00
3009.00
-7069.00
-1964.00
737.00
2618.00
-194.00
-124.00
9.94%36.08%EPS (Basic)
$2.54
-2.18
1.64
3.05
19.52
6.86
7.04
7.73
11.63
-25.30
-6.10
2.26
7.98
-0.59
-0.38
10.01%35.59%EPS (Diluted)
$2.26
-2.18
1.53
2.93
19.47
6.85
7.02
7.70
11.58
-25.30
-6.10
2.23
7.89
-0.59
-0.38
10.98%35.59%Weighted Avg Shares (Basic)
332.07
0.00
371.56
384.23
359.48
314.62
284.70
266.73
247.95
0.00
0.00
327.09
328.03
0.00
0.00
-0.10%0.00%Cash
$6286.00
4835.00
3251.00
2046.00
3006.00
2179.00
1482.00
1694.00
2762.00
11524.00
18320.00
7211.00
6089.00
7807.00
8441.00
-0.26%8.12%Short-term Investments
$1516.00
1773.00
1901.00
2382.00
2190.00
2249.00
2316.00
2256.00
2182.00
414.00
123.00
9248.00
8330.00
9522.00
5591.00
15.26%-41.28%Receivables
$1358.00
1338.00
1503.00
1146.00
1128.00
1176.00
1340.00
1346.00
1364.00
1295.00
1663.00
1801.00
1898.00
2274.00
2259.00
2.83%-0.66%Prepaid Expenses (Current)
$607.00
865.00
704.00
730.00
740.00
832.00
1051.00
913.00
814.00
635.00
745.00
689.00
609.00
787.00
730.00
0.03%-7.24%Other Assets (Current)
$1230.00
1238.00
1343.00
1834.00
764.00
873.00
924.00
985.00
1072.00
932.00
983.00
1109.00
1561.00
1196.00
1675.00
2.01%40.05%Assets (Current)
$10997.00
10049.00
8702.00
8138.00
7828.00
7309.00
7113.00
7194.00
8194.00
14800.00
21834.00
20058.00
18487.00
21586.00
18696.00
4.42%-13.39%Securities & Long-term Investments
$529.00
382.00
364.00
276.00
204.00
124.00
943.00
1071.00
1286.00
1218.00
1557.00
210.00
245.00
225.00
244.00
-6.21%8.44%Property, Plant & Equipment (Net)
$18114.00
19011.00
19844.00
21070.00
23439.00
24968.00
27370.00
29369.00
30170.00
31466.00
32074.00
34448.00
39815.00
35837.00
40470.00
6.78%12.93%Accumulated Depreciation
$
14537.00
Goodwill & Intangibles
$9273.00
9120.00
8959.00
8807.00
8659.00
8155.00
8062.00
7682.00
7532.00
7365.00
7330.00
7289.00
7252.00
7280.00
7244.00
-2.03%-0.49%Other Assets
$14063.00
15078.00
15100.00
16116.00
731.00
18900.00
19262.00
20926.00
671.00
4699.00
5380.00
5353.00
5305.00
5489.00
5248.00
-7.80%-4.39%Assets (Non-current)
$26991.00
27849.00
28110.00
29215.00
33033.00
32831.00
35213.00
37598.00
44417.00
44748.00
46341.00
47300.00
52617.00
48831.00
53206.00
5.72%8.96%Assets (Total)
$37988.00
37628.00
36812.00
37353.00
40861.00
40140.00
42326.00
44792.00
52611.00
59548.00
68175.00
67358.00
71104.00
70417.00
71902.00
5.36%2.11%Accounts Payable
$4564.00
5160.00
4848.00
4632.00
5061.00
5456.00
4931.00
5166.00
4974.00
3555.00
4683.00
5366.00
6775.00
5828.00
6472.00
3.35%11.05%Debt (Current)
$1311.00
1934.00
1485.00
1423.00
1359.00
965.00
1693.00
1379.00
2139.00
2093.00
3078.00
3015.00
4190.00
3281.00
4075.00
10.17%24.20%Other Liabilities (Current)
$5634.00
5724.00
5888.00
6453.00
5994.00
5865.00
6052.00
6667.00
7825.00
7077.00
10543.00
11611.00
11238.00
14526.00
14217.00
5.92%-2.13%Liabilities (Current)
$11394.00
12818.00
12107.00
12508.00
12414.00
12286.00
12676.00
13212.00
14938.00
12725.00
18304.00
19992.00
22203.00
23635.00
24764.00
5.72%4.78%Debt (Non-current)
$11424.00
11232.00
10924.00
10692.00
10400.00
10740.00
12699.00
13349.00
18311.00
25060.00
30580.00
28398.00
25148.00
27565.00
23137.00
6.80%-16.06%Other Liabilities
$13364.00
13367.00
10797.00
11757.00
9081.00
8455.00
8145.00
8236.00
7831.00
15803.00
14262.00
12072.00
14429.00
12549.00
14813.00
0.64%18.04%Liabilities (Non-current)
$24903.00
24599.00
21835.00
22449.00
19481.00
19195.00
20844.00
21585.00
26142.00
40863.00
44842.00
40470.00
39577.00
40114.00
37950.00
3.94%-5.39%Liabilities (Total)
$36297.00
37147.00
33942.00
34957.00
31895.00
31481.00
33520.00
34797.00
41080.00
53588.00
63146.00
60462.00
61780.00
63749.00
62714.00
4.53%-1.62%Treasury Stock
$31.00
35.00
38.00
367.00
1610.00
511.00
769.00
1993.00
3599.00
3897.00
3814.00
3534.00
3441.00
3443.00
3372.00
48.06%-2.06%Retained Earnings
$-4863.00
-5586.00
-5015.00
-3883.00
3457.00
3427.00
4621.00
6668.00
9716.00
2626.00
625.00
1265.00
3831.00
1020.00
3664.00
259.22%AOCI
$-417.00
-1046.00
608.00
-1079.00
-831.00
-829.00
-1147.00
-803.00
-718.00
-1139.00
-942.00
175.00
-62.00
161.00
-81.00
-150.31%Shareholder's Equity
$1806.00
481.00
2984.00
2396.00
8966.00
8659.00
8806.00
9995.00
11531.00
5960.00
5029.00
6896.00
9324.00
6668.00
9188.00
14.66%37.79%Liabilities & Equity
$37988.00
37628.00
36812.00
37353.00
40861.00
40140.00
42326.00
44792.00
52611.00
59548.00
68175.00
67358.00
71104.00
70417.00
71902.00
5.36%2.11%Net Income/Loss
$840.00
-723.00
571.00
1132.00
7340.00
2263.00
2131.00
2129.00
3009.00
-7069.00
-1964.00
737.00
2618.00
9.94%Depreciation & Amortization
$1361.00
1522.00
1762.00
1679.00
1819.00
1977.00
2149.00
2240.00
2288.00
2488.00
2485.00
2612.00
2810.00
6.23%Increase/Decrease in Working Capital
$56.00
1492.00
909.00
365.00
364.00
904.00
2004.00
-691.00
-490.00
-213.00
-1670.00
-2255.00
-664.00
Share-based Compensation
$17.00
14.00
11.00
Adjustments to Reconcile Net Income
$1568.00
1658.00
873.00
1502.00
-1360.00
3279.00
1267.00
4032.00
3867.00
2922.00
4031.00
5329.00
4293.00
8.76%Net Cash (Operating)
$2408.00
935.00
1444.00
2634.00
5992.00
5542.00
3413.00
6181.00
6909.00
-4133.00
2067.00
6066.00
6911.00
3142.00
2847.00
9.18%-9.39%Capital Expenditure
$577.00
1833.00
2012.00
1911.00
2661.00
3195.00
3986.00
4316.00
4564.00
1727.00
2000.00
4612.00
7132.00
1842.00
1346.00
23.31%-26.93%Net Cash (Investing)
$-1799.00
-1957.00
-2022.00
-2256.00
-2493.00
-3238.00
-3930.00
-4563.00
-4560.00
50.00
-1672.00
-13829.00
-6106.00
-1968.00
1441.00
173.22%Increase/Decrease in Debt
$-2465.00
-1053.00
-896.00
-1198.00
-1228.00
-543.00
1740.00
-121.00
456.00
11595.00
5891.00
-3275.00
-1860.00
-532.00
-1920.00
-260.90%Increase/Decrease in Equity
$-8.00
-61.00
-106.00
-416.00
-1270.00
-2678.00
-1922.00
-1272.00
-1706.00
1382.00
532.00
Interest Expenses
$
660.00
584.00
571.00
651.00
648.00
874.00
1424.00
1573.00
1848.00
Net Cash (Financing)
$-2432.00
-454.00
-972.00
-1596.00
-2495.00
-3213.00
-195.00
-1410.00
-1280.00
12957.00
6396.00
-3349.00
-1892.00
-563.00
-1938.00
-244.23%Cash Taxes Paid
$
15.00
14.00
20.00
19.00
29.00
-29.00
8.00
7.00
Increase/Decrease in Cash
$-1823.00
-1476.00
-1550.00
-1218.00
1004.00
208.00
1069.00
8874.00
6791.00
-11112.00
-1087.00
611.00
2350.00
284.62%Cash (Beginning)
$8069.00
6246.00
4770.00
3220.00
2002.00
1591.00
1799.00
2868.00
11742.00
18533.00
7421.00
7421.00
6335.00
-0.70%-14.63%Cash (Ending)
$6246.00
4770.00
3220.00
2002.00
3006.00
1799.00
2868.00
11742.00
18533.00
7421.00
6334.00
8032.00
8685.00
0.12%8.13%NOPAT
$1811.22
39.05
1323.15
2381.41
8987.54
4322.10
3474.67
3268.47
4269.13
-6379.90
-1259.01
2318.12
4202.30
-53.41
123.15
7.27%330.55%Gross Margin %
66.65%
64.64%
67.75%
69.99%
80.13%
84.10%
81.68%
77.47%
79.30%
79.47%
76.64%
70.83%
76.45%
72.23%
76.44%
Operating Margin %
4.91%
0.10%
3.26%
6.10%
13.64%
11.87%
9.27%
7.97%
9.94%
-41.41%
-4.15%
5.20%
7.84%
-0.38%
0.79%
NOPAT Margin %
4.88%
0.11%
3.46%
6.12%
23.74%
11.82%
9.21%
7.91%
9.87%
-41.55%
-5.11%
5.16%
7.82%
-0.47%
0.98%
Net Margin %
2.26%
-1.95%
1.49%
2.91%
19.39%
6.19%
5.65%
5.15%
6.96%
-46.04%
-7.97%
1.64%
4.87%
-1.70%
-0.99%
Tax Rate %
0.59%
-0.14%
-5.94%
-0.35%
-73.97%
0.37%
0.67%
0.71%
0.74%
-0.33%
-23.19%
0.81%
0.21%
-24.22%
-24.39%
ROA
4.77%
0.10%
3.59%
6.38%
22.00%
10.77%
8.21%
7.30%
8.11%
-10.71%
-1.85%
3.44%
5.91%
-0.08%
0.17%
ROE
100.29%
8.12%
44.34%
99.39%
100.24%
49.91%
39.46%
32.70%
37.02%
-107.05%
-25.04%
33.62%
45.07%
-0.80%
1.34%
ROIC
7.05%
0.15%
5.00%
9.18%
31.08%
14.94%
11.08%
10.06%
12.65%
-18.12%
-3.67%
6.17%
9.88%
-0.16%
0.32%
Asset Turnover
0.98
0.99
1.04
1.04
0.93
0.91
0.89
0.92
0.82
0.26
0.36
0.67
0.76
0.16
0.17
Equity Multiplier
21.03
78.23
12.34
15.59
4.56
4.64
4.81
4.48
4.56
9.99
13.56
9.77
7.63
10.56
7.83
Current Ratio
0.96
0.78
0.71
0.65
0.63
0.59
0.56
0.54
0.55
1.16
1.19
1.00
0.83
0.91
0.75
Quick Ratio
0.80
0.62
0.54
0.45
0.51
0.46
0.41
0.40
0.42
1.04
1.10
0.91
0.73
0.83
0.66
Debt/Equity Ratio
7.05
27.37
4.16
5.06
1.31
1.35
1.63
1.47
1.77
4.56
6.69
4.56
3.15
4.63
2.96
Interest Coverage Ratio
7.83
7.43
6.13
5.06
6.64
-7.28
-0.72
1.49
2.28
Working Capital/Sales
-0.05
-0.06
-0.06
-0.10
-0.08
-0.11
-0.11
-0.11
-0.09
-0.24
-0.21
-0.09
-0.08
-0.78
-0.74
Total Payout
$2473.00
1114.00
1002.00
1614.00
3158.00
3805.00
753.00
2044.00
1898.00
-12103.00
-4999.00
4848.00
3708.00
532.00
1920.00
3.43%260.90%Payout Ratio %
136.54%
2852.47%
75.73%
67.77%
35.14%
88.04%
21.67%
62.54%
44.46%
-189.71%
-397.06%
209.14%
88.24%
995.99%
1559.12%