What is United Airlines Holdings's capex?

United Airlines Holdings (UAL) reported capex of $1.67B in Q1 2026.

How has United Airlines Holdings's capex changed year-over-year?

United Airlines Holdings's capex increased by 35.6% year-over-year, from $1.23B to $1.67B.

What is the long-term trend for United Airlines Holdings's capex?

Over 4 years (2021 to 2025), United Airlines Holdings's capex has grown at a 29.2% compound annual growth rate (CAGR), from $2.11B to $5.87B.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

United Airlines Holdings UAL CapEx

CapEx at other companies

Southwest AirlinesLUV

$630M+19.5%

Alaska Air GroupALK

$30M-28.6%

ALG

Allegiant TravelALGT

$45.43M-39.0%

Frontier Group Holdings, Inc.ULCC

$12M-33.3%

JetBlue AirwaysJBLU

$126M-28.4%

United Parcel Service, Inc.UPS

$1.03B+17.7%

Other financials

Income statement

See full

Revenue$14.6B+10.6%

Operating income$997.0M+64.3%

Net income$699.0M+80.6%

EPS (diluted)$2.14+84.5%

Balance sheet

See full

Cash & equivalents$8.0B-17.7%

Total debt$31.0B-5.9%

Total equity$15.9B+25.8%

Total assets$80.9B+6.3%

Cash flow

See full

Operating cash flow$4.8B+29.4%

Free cash flow$3.1B+26.2%

Valuation

See full

Market cap$44.18B+71.2%

Enterprise value$67.14B+36.8%

P/E12.1×+4.3×

P/S0.7×+0.3×

Profitability

See full

Operating margin8.4%-1.3pp

Net margin6.1%-0.3pp

FCF margin7%+6.0pp

Returns & leverage

See full

Return on equity25.7%-7.8pp

Debt / equity2×-0.7×

Current ratio0.7×-0.1×

Where this comes from

Reported directly by United Airlines Holdings in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The official record: United Airlines Holdings’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

Ask your AI about United Airlines Holdings's capex.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is United Airlines Holdings's capex?: United Airlines Holdings (UAL) reported capex of $1.67B in Q1 2026.
How has United Airlines Holdings's capex changed year-over-year?: United Airlines Holdings's capex increased by 35.6% year-over-year, from $1.23B to $1.67B.
What is the long-term trend for United Airlines Holdings's capex?: Over 4 years (2021 to 2025), United Airlines Holdings's capex has grown at a 29.2% compound annual growth rate (CAGR), from $2.11B to $5.87B.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.