United Airlines Holdings UAL Debt-to-equity
Debt-to-equity at other companies
Other financials
Where this comes from
Calculated from United Airlines Holdings’s reported figures.
Based on the most recent quarter.
The official record: United Airlines Holdings’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is United Airlines Holdings's debt-to-equity?
- United Airlines Holdings (UAL) reported debt-to-equity of 2× in Q1 2026.
- How has United Airlines Holdings's debt-to-equity changed year-over-year?
- United Airlines Holdings's debt-to-equity decreased by 25.3% year-over-year, from 2.6× to 2×.
- What is the long-term trend for United Airlines Holdings's debt-to-equity?
- Over 4 years (2021 to 2025), United Airlines Holdings's debt-to-equity has grown at a -25.7% compound annual growth rate (CAGR), from 29.8× to 9.1×.
- What does debt-to-equity mean?
- How much debt the company carries for every dollar of shareholder equity.
- How do you interpret debt-to-equity?
- Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
- How does debt-to-equity compare across companies?
- Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.