United Airlines Holdings, Inc.(UAL)— Stock Profile, AI Score & Financials
Industrials · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
United Airlines Holdings, Inc. (UAL) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores UAL at 60.8/100 on a 32-signal composite quality model, placing it at rank #831 of 2,961 stocks — the top half of the AI-ranked universe. UAL scores in the top quartile across revenue scale (97.4), earnings quality (80.2). Areas of concern include free cash flow (38.9), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), United Airlines Holdings, Inc. reports quarterly revenue of $17.7B, net income of $805.0M, an operating margin of 6.2%. Top institutional holders of UAL by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, FMR, based on the most recent SEC filings. UAL trades on the Nasdaq exchange and files with the SEC under CIK 100517. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate UAL daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for United Airlines Holdings, Inc. directly from SEC EDGAR.
AI Quality Score
60.8/100
AI Rank
#831
Revenue
$17.7B
Net Income
$805.0M
Free Cash Flow
$267.0M
Operating Margin
6.2%
UAL key financials by period
United Airlines Holdings, Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$59.1B
$3.4B
8.0%
FY 2024
10-K
$57.1B
$3.1B
8.9%
FY 2023
10-K
$53.7B
$2.6B
7.8%
FY 2022
10-K
$45.0B
$737.0M
5.2%
FY 2021
10-K
$24.6B
$-2.0B
-4.2%
FY 2020
10-K
$15.4B
$-7.1B
-41.4%
Institutions holding UAL
Institutional investors reporting a position in United Airlines Holdings, Inc. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-07-16 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
United's Q2 2026 revenue rose 16.0% YoY to $17.7B on strong yield and traffic growth, but operating income fell 17.3% to $1.1B as fuel costs surged 84.1% amid Middle East conflict disruptions.
Biggest Revenue Drivers
Passenger revenue$16.1B+16.4% YoY
Primarily due to a 12.1% increase in yield and a 5.4% increase in the number of passengers flown
Other operating revenue$1.05B+7.7% YoY
Increase in mileage revenue from non-airline partners, including co-branded credit card spending with JPMorgan Chase, and higher United Club visitor volumes
Biggest Revenue Drivers
Total revenue: $17.7B+16.0% YoY
Passenger revenue$16.1B+16.4% YoY
Primarily due to a 12.1% increase in yield and a 5.4% increase in the number of passengers flown
Within Passenger revenue
Domestic$10.5B+20.3% YoY
Geographic breakout of passenger revenue growth
Atlantic$3.6B+7.9% YoY
Other operating revenue$1.05B+7.7% YoY
Increase in mileage revenue from non-airline partners, including co-branded credit card spending with JPMorgan Chase, and higher United Club visitor volumes
Cargo revenue$527M+22.6% YoY
Primarily due to an increase in freight yields
Largest Expense Items
Aircraft fuel$5.1B+84.1% YoY
Higher average price per gallon of fuel and increased consumption from increased flight activity
Salaries and related costs$4.7B+6.2% YoY
Increased pay from higher flying activity, a 5.6% headcount increase, and pay rate increases including the new AFA collective bargaining agreement
Other operating expenses$2.7B+8.6% YoY
Increase in flight activity and passengers, including catering, ground handling, crew-related expenses, and IT project spending
Distribution expenses$644M+32.3% YoY
Higher credit card fees and agency commissions driven by the increase in passenger revenue and refinement of credit card fee assumptions in the year-ago period
Margins: Operating margin compressed as operating expense grew 19.2% versus 16.0% revenue growth, driven mainly by an 84.1% jump in fuel expense from higher average fuel prices tied to Middle East conflict disruptions; operating income fell 17.3% YoY to $1.1B.
Watch Items from the Filing
Fuel price per gallon rose 79.4% YoY to $4.19, driven by Middle East geopolitical conflicts disrupting regional flying and global fuel markets; further escalation could pressure costs.
The Company recorded $184M in Special charges for labor contract ratification bonuses tied to the new AFA flight attendant agreement, with total ratification liability reaching $742M as of June 30, 2026.
Debt, finance lease, operating lease and other financial liabilities totaled $33.7B as of June 30, 2026, including $3.0B due within 12 months, alongside substantial noncancelable aircraft capital commitments.
Credit ratings were upgraded across S&P, Moody's, and Fitch (all now BB+) with positive/stable outlooks, reflecting improved credit profile.
Company recognized $329M in net gains on sale of assets in Q2, primarily from aircraft sale-leaseback transactions, which boosted special charges (credits) favorably by $592M YoY.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
