Company / Operating Income
United Airlines Holdings Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$4.7B
FY2025
5-year range
-$6.4B / $5.1B
FY2021-FY2025
Trend
-7.5%
vs FY2024
Sector context
#10 of 328
Industrials
What the data says
Among 328 Industrials companies, United Airlines Holdings is in the top 3% for operating income. Operating Income has fluctuated over the past 10 years, ranging from -$6.4B in FY2022 to $5.1B in FY2024.
Based on SEC 10-K filings.
$4.7B in FY2025 with a 5-year CAGR of +7.9%. Top quartile in the Industrials sector.
Improved from $4.2B to $4.7B over the past 2 years.
Industrials sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- +7.9%
- 10-Year CAGR
- -
Sector benchmark
Top 3% in IndustrialsTop 3% of 328This company $4.7B Sector average $717.8M
▼
+556.6% above sector average
Key checks
Key Insights
- 5-year CAGR of +7.9%, indicating consistent growth.
- In FY2025, operating income decreased 7.5% year-over-year.
- Ranks #10 out of 328 companies in the Industrials sector.
- Peak operating income was recorded in FY2024.
Company context
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.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $4.7B | -7.5% |
| FY2024 | $5.1B | +21.0% |
| FY2023 | $4.2B | +166.2% |
| FY2022 | -$6.4B | -247.8% |
| FY2021 | $4.3B | +33.2% |
| FY2020 | $3.2B | -10.8% |
| FY2019 | $3.6B | +12.0% |
| FY2018 | $3.2B | -10.8% |
| FY2017 | $3.6B | -16.7% |
| FY2016 | $4.3B | +247.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026