United Airlines Holdings Income Statement
UAL / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
United Airlines Holdings reported $59.1B in revenue and $3.4B in net income for FY2025. Revenue has grown at a 3.4% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 1.09 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 23.0%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $59.1B | $57.1B | $53.7B | $15.4B | $43.3B | $41.3B | $37.8B | $41.3B | $8.4B | $36.6B | $38.3B | $38.9B | $38.3B | $37.2B | $37.1B |
| Operating Income | $4.7B | $5.1B | $4.2B | -$6.4B | $4.3B | $3.2B | $3.6B | $3.2B | $3.6B | $4.3B | $1.2B | $2.4B | $1.2B | $39.0M | $1.8B |
| Interest Expense | - | - | - | - | - | - | $626.0M | $670.0M | $626.0M | $674.0M | $783.0M | $735.0M | $783.0M | $835.0M | $949.0M |
| Income Tax | $953.0M | $1.0B | $769.0M | -$1.8B | $905.0M | $526.0M | $880.0M | $526.0M | $880.0M | $1.5B | -$32.0M | -$4.0M | -$32.0M | -$1.0M | $5.0M |
| Net Income | $3.4B | $3.1B | $2.6B | -$7.1B | $3.0B | $2.1B | $2.1B | $2.1B | $2.1B | $2.2B | $571.0M | $1.1B | $571.0M | -$723.0M | $840.0M |
| EPS (Basic) | $7.98 | $2.26 | -$6.10 | -$25.30 | $11.63 | $7.70 | $7.08 | $6.77 | $19.52 | $3.05 | $1.64 | -$2.18 | $2.54 | $1.22 | -$4.32 |
| EPS (Diluted) | $7.89 | $2.23 | -$6.10 | -$25.30 | $11.58 | $7.67 | $7.06 | $6.76 | $19.47 | $2.93 | $1.53 | -$2.18 | $2.26 | $1.08 | -$4.32 |
| Shares Outstanding | 327.9M | 328.0M | 326.9M | 323.8M | 311.8M | 251.2M | 269.9M | 287.0M | 314.6M | 364.6M | 374.5M | 362.3M | 332.5M | 330.9M | 327.9M |
| Operating Margin | 8.0% | 8.9% | 7.8% | -41.4% | 9.9% | 7.8% | 9.6% | 7.8% | 43.0% | 11.9% | 3.3% | 6.1% | 3.3% | 0.1% | 4.9% |
| Profit Margin | 5.7% | 5.5% | 4.9% | -46.0% | 7.0% | 5.1% | 5.7% | 5.1% | 25.4% | 6.1% | 1.5% | 2.9% | 1.5% | -1.9% | 2.3% |