Stock Analysis on Net

United Airlines Holdings Inc. (NASDAQ:UAL)

This company has been moved to the archive! The financial data has not been updated since April 17, 2024.

Income Statement 
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

United Airlines Holdings Inc., consolidated income statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Passenger 11,313 12,421 13,349 13,002 10,274 11,202 11,653 10,829 6,348 6,878 6,637 4,366 2,316 2,410 1,649 681 7,065 9,933 10,481 10,486 8,725
Cargo 391 402 333 362 398 472 498 574 627 727 519 606 497 560 422 402 264 316 282 295 286
Other 835 803 802 814 757 726 726 709 591 587 594 499 408 442 418 392 650 639 617 621 578
Operating revenue 12,539 13,626 14,484 14,178 11,429 12,400 12,877 12,112 7,566 8,192 7,750 5,471 3,221 3,412 2,489 1,475 7,979 10,888 11,380 11,402 9,589
Salaries and related costs (3,932) (3,841) (3,914) (3,710) (3,322) (3,000) (2,843) (2,836) (2,787) (2,579) (2,487) (2,276) (2,224) (2,168) (2,229) (2,170) (2,955) (3,078) (3,063) (3,057) (2,873)
Aircraft fuel (2,954) (3,315) (3,342) (2,820) (3,174) (3,317) (3,755) (3,811) (2,230) (1,962) (1,710) (1,232) (851) (679) (508) (240) (1,726) (2,249) (2,296) (2,385) (2,023)
Landing fees and other rent (804) (793) (801) (765) (717) (657) (639) (668) (612) (681) (652) (564) (519) (575) (500) (429) (623) (650) (645) (660) (588)
Aircraft maintenance materials and outside repairs (773) (664) (684) (686) (702) (600) (619) (527) (407) (399) (346) (302) (269) (199) (115) (110) (434) (475) (490) (421) (408)
Depreciation and amortization (708) (684) (663) (669) (655) (624) (610) (611) (611) (619) (623) (620) (623) (629) (626) (618) (615) (606) (575) (560) (547)
Regional capacity purchase (585) (594) (592) (599) (615) (571) (596) (567) (565) (601) (520) (547) (479) (489) (425) (388) (737) (725) (721) (715) (688)
Distribution expenses (480) (571) (516) (487) (403) (434) (482) (393) (226) (235) (218) (139) (85) (80) (53) (31) (295) (417) (432) (442) (360)
Aircraft rent (43) (46) (46) (49) (56) (59) (65) (67) (61) (63) (58) (52) (55) (51) (50) (47) (50) (67) (67) (73) (81)
Special (charges) credits (13) (47) (29) (859) (14) (16) (20) (112) 8 (56) 1,098 948 1,377 149 1,081 1,449 (63) (130) (27) (71) (18)
Other (2,148) (2,073) (2,158) (2,017) (1,814) (1,745) (1,790) (1,642) (1,451) (1,405) (1,197) (957) (874) (826) (679) (528) (1,453) (1,630) (1,591) (1,546) (1,508)
Operating expense (12,440) (12,628) (12,745) (12,661) (11,472) (11,023) (11,419) (11,234) (8,942) (8,600) (6,713) (5,741) (4,602) (5,547) (4,104) (3,112) (8,951) (10,027) (9,907) (9,930) (9,094)
Operating income (loss) 99 998 1,739 1,517 (43) 1,377 1,458 878 (1,376) (408) 1,037 (270) (1,381) (2,135) (1,615) (1,637) (972) 861 1,473 1,472 495
Interest expense, net of interest capitalized (393) (430) (445) (451) (448) (447) (428) (398) (400) (406) (431) (404) (336) (334) (329) (179) (150) (141) (169) (170) (166)
Interest income 177 207 234 216 170 156 104 33 5 6 11 12 7 5 8 11 26 30 36 38 29
Unrealized gains (losses) on investments, net (37) (27) (54) 84 24 32 28 (40) (125) (34) 147 (22) 101 15 9 (319) 81 21 34 17
Miscellaneous, net (10) 23 11 21 41 12 (9) (14) 19 88 20 (49) (19) (10) (411) (207) (699) 13 (12) (20) (8)
Nonoperating expense, net (263) (227) (254) (130) (213) (247) (305) (419) (376) (437) (434) (294) (370) (238) (717) (366) (1,142) (17) (124) (118) (128)
Income (loss) before income tax (expense) benefit (164) 771 1,485 1,387 (256) 1,130 1,153 459 (1,752) (845) 603 (564) (1,751) (2,373) (2,332) (2,003) (2,114) 844 1,349 1,354 367
Income tax (expense) benefit 40 (171) (348) (312) 62 (287) (211) (130) 375 199 (130) 130 394 476 491 376 410 (203) (325) (302) (75)
Net income (loss) (124) 600 1,137 1,075 (194) 843 942 329 (1,377) (646) 473 (434) (1,357) (1,897) (1,841) (1,627) (1,704) 641 1,024 1,052 292

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Income statement item Description The company
Operating revenue Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. United Airlines Holdings Inc. operating revenue decreased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. United Airlines Holdings Inc. operating income (loss) decreased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Income (loss) before income tax (expense) benefit Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. United Airlines Holdings Inc. income (loss) before income tax (expense) benefit decreased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. United Airlines Holdings Inc. net income (loss) decreased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.