---
title: "United Airlines (UAL.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/UAL.US/norm.md"
symbol: "UAL.US"
name: "United Airlines"
parent: "https://longbridge.com/en/quote/UAL.US.md"
datetime: "2026-05-20T07:13:26.006Z"
locales:
  - [en](https://longbridge.com/en/quote/UAL.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/UAL.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/UAL.US/norm.md)
---

# United Airlines (UAL.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 2.14 | 3.18 | 2.90 | 2.97 | 1.16 |
| ROE | 17.95% | 28.22% | 27.43% | 29.95% | 12.24% |
| Revenue | 14.61B | 15.40B | 15.22B | 15.24B | 13.21B |
| Net income | 699.00M | 1.04B | 949.00M | 973.00M | 387.00M |
| Operating income | 635.00M | 1.41B | 1.35B | 1.80B | 534.00M |
| Gross margin | 30.50% | 34.33% | 34.04% | 36.16% | 30.90% |
| Net margin | 4.79% | 6.78% | 6.23% | 6.39% | 2.93% |
| Profit quality | 13.23% | 109.41% | 111.00% | 81.33% | 14.39% |

## Balance Sheet (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 80.94B | 76.45B | 76.31B | 77.16B | 76.11B |
| Leverage | 5.10 | 5.00 | 5.33 | 5.77 | 6.03 |
| BVPS | 48.91 | 47.24 | 44.20 | 41.30 | 38.52 |
| Turnover | 0.7700 | 0.7848 | 0.7837 | 0.7710 | 0.7802 |
| Cash & STI | 14.17B | 12.24B | 13.33B | 15.62B | 15.33B |
| Inv & Rec | 1.72B | 1.56B | 1.59B | 1.55B | 1.60B |
| LT assets | 52.81B | 47.57B | 49.79B | 48.41B | 47.52B |
| Net debt | 16.80B | 18.80B | 17.99B | 17.17B | 17.59B |

## Cash Flow Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 4.80B | 1.29B | 1.22B | 2.22B | 3.71B |
| Investing CF | -1.89B | -1.56B | -1.74B | -1.58B | -1.46B |
| Financing CF | -976.00M | -509.00M | -2.14B | -843.00M | -1.46B |
| Free CF | 2.58B | -944.63M | -334.00M | 979.88M | 2.05B |
| OCF coverage | 100.73% | 52.17% | 30.08% | 117.68% | 165.11% |
| Repaid & issued | 2.23B | 93.00M | 485.00M | - | - |
| CapEx | -1.67B | -1.89B | -1.46B | -1.29B | -1.23B |