United Airlines Holdings UAL Invested capital
Discontinued — last reported Q1 '26
Invested capital at other companies
Other financials
Where this comes from
Calculated from United Airlines Holdings’s reported figures.
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 invested capital?
- United Airlines Holdings (UAL) reported invested capital of $38.84B in Q1 2026.
- How has United Airlines Holdings's invested capital changed year-over-year?
- United Airlines Holdings's invested capital increased by 8.5% year-over-year, from $35.8B to $38.84B.
- What is the long-term trend for United Airlines Holdings's invested capital?
- Over 5 years (2020 to 2025), United Airlines Holdings's invested capital has grown at a 6.5% compound annual growth rate (CAGR), from $26.97B to $36.99B.
- What does invested capital mean?
- The capital — debt plus equity, net of idle cash — that funds the operating business.
- How do you interpret invested capital?
- A level, read mainly through ROIC (NOPAT ÷ invested capital). Growing invested capital is only good if returns on it stay above the cost of capital.
- How does invested capital compare across companies?
- Used as the base for ROIC; the definition is sector-sensitive, so banks and insurers are best excluded.