United Airlines Holdings, Inc.
Company Stats
- Market Cap
- $36.0B
- as of Sep 30, 2026
- Enterprise Value
- $51.5B
- Shares Outstanding
- 324.9M
- Free Float
- 99.4%
Income Statement
- Revenue
- $59.1B
- Operating Income
- $4.7B
- Net Income
- $3.4B
- EBITDA
- $7.7B
- Revenue Growth, 3Y
- 9.5%
- FCF Margin, 3Y Avg
- 3.5%
- FCF Margin, Worst Year
- -0.5%
Cash Flow
- Free Cash Flow
- $2.6B
- FCF Yield
- 7.1%
- Owner FCF Yield
- 6.7%
Balance Sheet
- Cash & Equivalents
- $5.9B
- Total Debt
- $21.4B
- Net Debt
- $15.4B
- Net Debt / EBITDA
- 2.02x
- EV / EBITDA
- 6.72x
- Net Debt / EBIT
- 3.28x
Returns & Capital
- Share Repurchases
- $637.0M
- Buyback Yield, 3Y Avg
- 0.7%
- SBC, 3Y Avg
- $123.3M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $59.1B | $2.6B | 4.3% |
| FY2024 | $57.1B | $3.8B | 6.7% |
| FY2023 | $53.7B | -$260.0M | -0.5% |
| FY2022 | $45.0B | $1.2B | 2.8% |
| FY2021 | $24.6B | -$40.0M | -0.2% |
Annual filing data through FY ended December 31, 2025; shares and float as of November 7, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges