Current Enterprise Value (EV)
Current share price (P) | $54.97 |
No. shares of common stock outstanding | 328,803,431 |
US$ in millions | |
Common equity (market value)1 | 18,074) |
Add: Preferred stock (per books) | —) |
Total equity | 18,074) |
Add: Current maturities of long-term debt (per books) | 4,018) |
Add: Current maturities of finance leases (per books) | 172) |
Add: Long-term debt, less current portion (per books) | 25,057) |
Add: Long-term obligations under finance leases (per books) | 91) |
Total equity and debt | 47,412) |
Less: Cash and cash equivalents | 6,058) |
Less: Short-term investments | 8,330) |
Less: Restricted cash | 31) |
Enterprise value (EV) | 32,993) |
Based on: 10-K (reporting date: 2023-12-31).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 54.97 × 328,803,431
Historical Enterprise Value (EV)
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of United Airlines Holdings Inc. Annual Report.
3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 45.49 × 328,025,881
Item | Description | The company |
---|---|---|
EV | Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. | United Airlines Holdings Inc. EV increased from 2021 to 2022 but then decreased significantly from 2022 to 2023. |