Discontinued — last reported Q4 '25
Operating lease liabilities
United Airlines Holdings Operating lease liabilities increased by 21.5% to $1.35B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 21.5%, from $1.11B to $1.35B. Over 4 years (FY 2021 to FY 2025), Operating lease liabilities shows relatively stable performance with a 1.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase reflects higher long-term financial commitments for leased assets, impacting the company's overall leverage profile.
Detailed definition
This represents the liability recognized for future lease payments under accounting standards that require the capitaliz...
Peer comparison
Highly comparable across airline peers who lease significant portions of their fleets.
other_deferred_tax_asset_leasing_arrangementsHistorical Data
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $1.27B | $1.12B | $1.13B | $1.11B | $1.35B |
| QoQ Change | — | -12.1% | +1.4% | -2.1% | +21.5% |
| YoY Change | — | -12.1% | +1.4% | -2.1% | +21.5% |
Operating lease liabilities at Other Companies
Frequently Asked Questions
- What is United Airlines Holdings's operating lease liabilities?
- United Airlines Holdings (UAL) reported operating lease liabilities of $1.35B in Q4 2025.
- How has United Airlines Holdings's operating lease liabilities changed year-over-year?
- United Airlines Holdings's operating lease liabilities increased by 21.5% year-over-year, from $1.11B to $1.35B.
- What is the long-term trend for United Airlines Holdings's operating lease liabilities?
- Over 4 years (2021 to 2025), United Airlines Holdings's operating lease liabilities has grown at a 1.5% compound annual growth rate (CAGR), from $1.27B to $1.35B.
- What does operating lease liabilities mean?
- The total value of future lease payments for assets like aircraft or buildings.