Income StatementBalance SheetCash FlowSegments
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United Airlines Holdings Balance Sheet Statement

Assets, liabilities, and shareholders' equity

United Airlines Holdings holds $80.9B in total assets. Shareholders' equity is $15.9B against $31.0B in total debt. Cash and equivalents total $8.0B. The current ratio is 0.698 and debt-to-equity is 1.95. Based on the Q1 2026 filing.

Total Assets$80.9BTotal Stockholders Equity$15.9BLong Term Debt$21.9BCash And Equivalents$8.0BTotal Current Assets$19.4BTotal Current Liabilities$27.8B
Latest FilingQ1 2026
Report Date2026-04-22
Market Cap$31.2B
P/E Ratio8.50
ROE25.73%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$4.2B$4.7B$4.9B$4.6B$4.6B$5.4B
Accrued expenses$3.3B$2.4B$3.2B$3.6B$3.9B$3.1B
Accrued Manufacturing Costs$3.3B$2.4B$3.2B$3.6B$3.9B$3.1B
Compensation and benefits$3.3B$2.4B$3.2B$3.6B$3.9B$3.1B
Other accrued liabilities$948.0M$990.0M$910.0M$763.0M$757.0M$830.0M
Current portion of long-term debt$3.0B$3.3B$6.2B$4.6B$4.1B$2.3B
Current Portion of Long-Term Debt and Finance Lease Obligations$3.5B$3.3B$6.2B$4.6B$4.4B$2.3B
Note payable to DIRECTV$948.0M$990.0M$910.0M$763.0M$757.0M$830.0M
Operating lease liabilities, current$467.0M$506.0M$541.0M$563.0M$631.0M$748.0M
Total current liabilities$23.3B$25.8B$29.0B$27.1B$26.1B$27.8B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$2.2B$2.3B$2.3B$2.4B$2.4B$2.7B
Cash and cash equivalents$8.9B$9.7B$9.5B$6.9B$6.1B$8.0B
Fuel, expendable parts and supplies inventories, net of allowance for obsolescence of $132 and $124$1.6B$1.6B$1.5B$1.6B$1.6B$1.7B
Prepaid expenses and other current assets$673.0M$928.0M$809.0M$744.0M$671.0M$847.0M
Restricted cash$11.0M$200.0M$8.0M$0.0$0.0$0.0
Total current assets$18.9B$20.1B$20.3B$18.1B$16.9B$19.4B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$9.0B$8.8B$8.9B$8.9B$8.9B$8.8B
Accumulated other comprehensive income (loss)$188.0M$164.0M$142.0M$123.0M$48.0M$23.0M
Common stock1B1B1B1B1B1B
Common Stock Par Value Per Share$0.01$0.01$0.01$0.01$0.01$0.01
Common Stock Shares Issued327.9M———323.5M324.6M
Additional paid-in capital$9.0B$8.8B$8.9B$8.9B$8.9B$8.8B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$4.0M$4.0M$4.0M$4.0M$4.0M$4.0M
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0.0$0.0$0.0$0.0$0.0$0.0
Preferred stock$0.0$0.0$0.0$0.0$0.0$0.0
Retained earnings$6.9B$7.1B$8.1B$9.0B$10.1B$10.7B
Share Repurchase Authorization Limit$500.0M————$755.0M
Share Repurchase Program - Amount Remaining$500.0M————$755.0M
Total liabilities and stockholders' equity$74.1B$76.1B$77.2B$76.3B$76.4B$80.9B
Total stockholders' equity$12.7B$12.6B$13.4B$14.3B$15.3B$15.9B
Treasury stock$3.4B$3.5B$3.7B$3.7B$3.8B$3.7B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross loans$72.0M$79.0M$74.0M$75.0M$54.0M$54.0M
Deferred tax assets$2.1B$1.6B$1.9B$2.2B$2.3B$2.6B
Equity method investments$241.0M$249.0M$255.0M$265.0M$273.0M$324.0M
Goodwill$4.5B$4.5B$4.5B$4.5B$4.5B$4.5B
Intangible assets, net$2.7B$2.7B$2.7B$2.7B$2.7B$2.7B
Long-term investments$5.7B$6.0B$6.3B$6.6B$6.3B$6.3B
Net Investment in Lease$3.8B$4.1B$4.5B$4.8B$5.0B$5.7B
Private debt held-for-investment, at amortized cost, net of valuation allowance – $3 and $4$72.0M$79.0M$74.0M$75.0M$54.0M$54.0M
Loans receivable, net of allowances of $42 and $30 (Note 7)$1.3B$1.2B$1.3B$1.2B$1.3B$1.6B
Other intangible assets—net$2.7B$2.7B$2.7B$2.7B$2.7B$2.7B
Operating lease right-of-use assets$3.8B$4.1B$4.5B$4.8B$5.0B$5.7B
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)$5.7B$6.0B$6.3B$6.6B$6.3B$6.3B
Operating lease right-of-use assets$0.1$4.1B$4.5B$4.8B$0.1$5.7B
Operating Lease Right-of-Use Assets in Other Assets$3.8B$4.1B$4.5B$4.8B$5.0B$5.7B
Property and equipment, net$42.9B$43.4B$43.9B$45.0B$46.1B$47.1B
Total assets$74.1B$76.1B$77.2B$76.3B$76.4B$80.9B
Total noncurrent assets$55.2B$56.0B$56.9B$58.2B$59.6B$61.5B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Debt - Unamortized Discount (Premium) and Issuance Costs, Net-$184.0M$169.0M$155.0M$130.0M-$117.0M$131.0M
Long-term debt$21.7B$24.4B$20.9B$20.8B$17.2B$21.9B
Long-Term Debt and Finance Lease Obligations$25.2B$24.4B$20.9B$20.8B$20.6B$21.9B
Operating lease liabilities, non-current$4.5B$4.8B$5.2B$5.3B$5.4B$6.0B
Other non-current liabilities$1.5B$1.5B$1.5B$1.5B$1.5B$1.5B
Total noncurrent liabilities$38.1B$37.7B$34.8B$34.9B$35.0B$37.3B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
AOCI Tax, Attributable to Parent$419.0M$412.0M$406.0M$401.0M$379.0M$372.0M
Common stock, par value (in dollars per share)$0.0$0.0$0.0$0.0$0.0$0.0
Common stock, shares authorized (in shares)$1.0B$1.0B$1.0B$1.0B$1.0B$1.0B
Common stock, shares issued (in shares)$327.9M———$323.5M$324.6M
Common Stock, Shares, Outstanding$327.9M$327.5M$323.8M$323.7M$323.5M$324.6M
Advance ticket sales$7.6B$10.5B$9.7B$9.3B$8.1B$11.7B
Frequent flyer deferred revenue$3.4B$3.5B$3.6B$3.6B$3.7B$3.8B
Frequent flyer deferred revenue$4.0B$4.1B$4.1B$4.1B$4.1B$4.1B
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net-$184.0M———-$117.0M$131.0M
Deferred income taxes$1.6B$1.6B$1.9B$2.2B$2.5B$2.6B
Equity method investments (Note 11)$241.0M$249.0M$255.0M$265.0M$273.0M$324.0M
Long-Term Debt and Lease Obligation$25.2B$24.4B$20.9B$20.8B$20.6B$21.9B
Less: current maturities$3.5B$3.3B$6.2B$4.6B$4.4B$2.3B
Pension and postretirement benefit liability$1.2B$1.3B$1.2B$974.0M$1.1B$1.1B
Share Repurchase Program, Remaining Authorized, Amount$500.0M————$755.0M