Skip to content

Debt-to-equity at other companies

Delta Air Lines logo
Delta Air LinesDAL
-0.4×
Southwest Airlines logo
Southwest AirlinesLUV
0.9×+0.1×
United Parcel Service, Inc. logo
United Parcel Service, Inc.UPS
0.3×0.0×
Uber Technologies logo
Uber TechnologiesUBER
0.5×0.0×
Expeditors International of Washington logo
Expeditors International of WashingtonEXPD
0.2×0.0×

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+6.4%

Cash flow

See full
Operating cash flow$4.8B+29.3%
CapEx$1.7B+35.6%
Free cash flow$3.1B+26.2%

Valuation

See full
Market cap$37.59B+31.7%
Enterprise value$60.55B+15.2%
P/E10.3×+2.5×
P/S0.6×+0.1×

Profitability

See full
Operating margin8.4%-1.3pp
Net margin6.1%-0.3pp

Returns & leverage

See full
Return on equity25.7%-7.8pp
Current ratio0.7×-0.1×

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 →

Ask your AI about United Airlines Holdings's debt-to-equity.

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

Connect your AI
Harbor at dusk
Claude

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.