What is United Airlines Holdings's PP&E (net)?

United Airlines Holdings (UAL) reported PP&E (net) of $47.07B in Q1 2026.

How has United Airlines Holdings's PP&E (net) changed year-over-year?

United Airlines Holdings's PP&E (net) increased by 8.4% year-over-year, from $43.43B to $47.07B.

What is the long-term trend for United Airlines Holdings's PP&E (net)?

Over 5 years (2020 to 2025), United Airlines Holdings's PP&E (net) has grown at a 7.9% compound annual growth rate (CAGR), from $31.47B to $46.12B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

United Airlines Holdings UAL PP&E (Net)

PP&E (Net) at other companies

Delta Air LinesDAL

$40.58B+6.3%

Southwest AirlinesLUV

$20.38B+6.4%

Alaska Air GroupALK

$12.02B+10.6%

ALG

Allegiant TravelALGT

$3.07B-1.2%

Frontier Group Holdings, Inc.ULCC

$485M+22.5%

JetBlue AirwaysJBLU

$11.23B+5.2%

Other financials

Income statement

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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

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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

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Operating cash flow$4.8B+29.4%

CapEx$1.7B+35.6%

Free cash flow$3.1B+26.2%

Valuation

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Market cap$44.14B+70.8%

Enterprise value$67.1B+36.3%

P/E12×+4.2×

P/S0.7×+0.3×

Profitability

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Operating margin8.4%-1.3pp

Net margin6.1%-0.3pp

FCF margin7%+6.0pp

Returns & leverage

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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:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: United Airlines Holdings (UAL) reported PP&E (net) of $47.07B in Q1 2026.
How has United Airlines Holdings's PP&E (net) changed year-over-year?: United Airlines Holdings's PP&E (net) increased by 8.4% year-over-year, from $43.43B to $47.07B.
What is the long-term trend for United Airlines Holdings's PP&E (net)?: Over 5 years (2020 to 2025), United Airlines Holdings's PP&E (net) has grown at a 7.9% compound annual growth rate (CAGR), from $31.47B to $46.12B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.