United Net Debt from 2010 to 2026

UAL Stock

USD 107.35 5.03 4.92%

United Airlines Net Debt yearly trend continues to be quite stable with very little volatility. Net Debt may rise above about 32 B this year. Net Debt is the total debt of United Airlines Holdings minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals

Net Debt

First Reported

1989-06-30

Previous Quarter

29.9 B

Current Value

30.5 B

Quarterly Volatility

7.9 B

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Interest Hikes

Check United Airlines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United Airlines' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.1 B, Interest Expense of 1.3 B or Total Revenue of 62 B, as well as many indicators such as Price To Sales Ratio of 0.65, Dividend Yield of 0.0283 or PTB Ratio of 1.58. United financial statements analysis is a perfect complement when working with United Airlines Valuation or Volatility modules.

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Check out the analysis of United Airlines Correlation against competitors.

Historical Net Debt data for United Airlines serves as a key indicator of operational performance and financial stability. Tracking changes in this metric over time helps investors spot emerging trends before they become obvious, providing an edge in assessing whether United Airlines Holdings represents a compelling investment opportunity.

Latest United Airlines' Net Debt Growth Pattern

Below is the plot of the Net Debt of United Airlines Holdings over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. United Airlines' Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United Airlines' overall financial position and show how it may be relating to other accounts over time.

Net Debt

10 Years Trend

Slightly volatile

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Net Debt

Timeline

United Net Debt Regression Statistics

	Arithmetic Mean	17,205,267,647
	Geometric Mean	13,813,404,118
	Coefficient Of Variation	56.70
	Mean Deviation	8,336,251,903
	Median	17,688,000,000
	Standard Deviation	9,754,845,249
	Sample Variance	95157005.8T
	Range	30.6B
	R-Value	0.97
	Mean Square Error	6687476.5T
	R-Squared	0.93
	Slope	1,867,025,490
	Total Sum of Squares	1522512093.2T

United Net Debt History

	2026	32 B
	2025	30.5 B
	2024	24.9 B
	2023	30.7 B
	2022	29.3 B
	2021	21.1 B
	2020	21.5 B

Other Fundumenentals of United Airlines Holdings

Net Debt To E B I T D A

United Airlines Net Debt component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments	Intangible Assets	Current Deferred Revenue	Long Term Debt	Treasury Stock	Property Plant Equipment	Good Will	Deferred Long Term Liab	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Short Long Term Debt	Long Term Investments	Net Invested Capital	Net Working Capital	Capital Stock	Accumulated Depreciation
Total Assets		0.72	0.95	0.54	0.89	0.77	0.98	0.9	0.94	-0.6	0.67	-0.17	0.64	0.91	-0.74	0.9	0.64	0.45	0.43	0.8	0.64	0.78	0.88	0.83	0.4	0.85	0.48
Total Stockholder Equity	0.72		0.72	0.92	0.77	0.5	0.57	0.39	0.67	-0.33	0.56	-0.34	0.61	0.53	-0.58	0.76	0.38	0.12	0.42	0.43	0.27	0.48	0.66	0.63	-0.13	0.54	0.6
Net Debt	0.95	0.72		0.6	0.87	0.73	0.92	0.84	0.96	-0.41	0.78	-0.38	0.63	0.91	-0.8	0.96	0.46	0.44	0.52	0.83	0.64	0.82	0.93	0.85	0.38	0.88	0.51
Retained Earnings	0.54	0.92	0.6		0.53	0.31	0.38	0.21	0.49	-0.09	0.37	-0.55	0.52	0.41	-0.67	0.63	0.13	0.11	0.4	0.36	0.08	0.36	0.63	0.51	-0.08	0.41	0.42
Accounts Payable	0.89	0.77	0.87	0.53		0.78	0.84	0.74	0.91	-0.5	0.81	-0.14	0.61	0.75	-0.52	0.89	0.55	0.41	0.49	0.64	0.57	0.75	0.77	0.79	0.02	0.73	0.62
Net Receivables	0.77	0.5	0.73	0.31	0.78		0.77	0.74	0.76	-0.45	0.64	-0.1	0.37	0.69	-0.51	0.72	0.53	0.37	0.32	0.81	0.7	0.86	0.76	0.84	0.22	0.74	0.47
Total Liab	0.98	0.57	0.92	0.38	0.84	0.77		0.95	0.92	-0.62	0.64	-0.11	0.59	0.92	-0.71	0.85	0.65	0.5	0.39	0.83	0.69	0.79	0.85	0.81	0.51	0.85	0.39
Total Current Assets	0.9	0.39	0.84	0.21	0.74	0.74	0.95		0.87	-0.46	0.6	-0.17	0.52	0.94	-0.7	0.8	0.49	0.46	0.36	0.88	0.79	0.83	0.81	0.79	0.65	0.87	0.31
Short Term Debt	0.94	0.67	0.96	0.49	0.91	0.76	0.92	0.87		-0.39	0.74	-0.31	0.7	0.92	-0.72	0.95	0.45	0.49	0.52	0.83	0.73	0.87	0.88	0.89	0.33	0.9	0.6
Common Stock	-0.6	-0.33	-0.41	-0.09	-0.5	-0.45	-0.62	-0.46	-0.39		-0.29	-0.63	-0.14	-0.3	0.09	-0.25	-0.99	-0.26	0.05	-0.2	-0.13	-0.17	-0.27	-0.2	-0.12	-0.2	-0.09
Short Term Investments	0.67	0.56	0.78	0.37	0.81	0.64	0.64	0.6	0.74	-0.29		-0.21	0.23	0.6	-0.43	0.81	0.32	0.25	0.53	0.56	0.53	0.7	0.65	0.62	-0.01	0.61	0.4
Intangible Assets	-0.17	-0.34	-0.38	-0.55	-0.14	-0.1	-0.11	-0.17	-0.31	-0.63	-0.21		-0.37	-0.41	0.65	-0.48	0.59	-0.07	-0.36	-0.47	-0.27	-0.43	-0.52	-0.47	-0.26	-0.47	-0.23
Current Deferred Revenue	0.64	0.61	0.63	0.52	0.61	0.37	0.59	0.52	0.7	-0.14	0.23	-0.37		0.69	-0.58	0.66	0.22	0.29	0.44	0.51	0.48	0.48	0.63	0.65	0.22	0.68	0.79
Long Term Debt	0.91	0.53	0.91	0.41	0.75	0.69	0.92	0.94	0.92	-0.3	0.6	-0.41	0.69		-0.81	0.9	0.35	0.42	0.45	0.92	0.79	0.85	0.89	0.87	0.63	0.96	0.48
Treasury Stock	-0.74	-0.58	-0.8	-0.67	-0.52	-0.51	-0.71	-0.7	-0.72	0.09	-0.43	0.65	-0.58	-0.81		-0.77	-0.12	-0.39	-0.54	-0.81	-0.56	-0.71	-0.89	-0.76	-0.57	-0.78	-0.25
Property Plant Equipment	0.9	0.76	0.96	0.63	0.89	0.72	0.85	0.8	0.95	-0.25	0.81	-0.48	0.66	0.9	-0.77		0.31	0.38	0.59	0.82	0.69	0.85	0.89	0.89	0.28	0.9	0.61
Good Will	0.64	0.38	0.46	0.13	0.55	0.53	0.65	0.49	0.45	-0.99	0.32	0.59	0.22	0.35	-0.12	0.31		0.26	-0.01	0.27	0.21	0.24	0.32	0.29	0.11	0.27	0.21
Deferred Long Term Liab	0.45	0.12	0.44	0.11	0.41	0.37	0.5	0.46	0.49	-0.26	0.25	-0.07	0.29	0.42	-0.39	0.38	0.26		0.41	0.4	0.23	0.36	0.45	0.38	0.25	0.38	0.13
Net Tangible Assets	0.43	0.42	0.52	0.4	0.49	0.32	0.39	0.36	0.52	0.05	0.53	-0.36	0.44	0.45	-0.54	0.59	-0.01	0.41		0.4	0.38	0.45	0.48	0.56	-0.02	0.52	0.41
Long Term Debt Total	0.8	0.43	0.83	0.36	0.64	0.81	0.83	0.88	0.83	-0.2	0.56	-0.47	0.51	0.92	-0.81	0.82	0.27	0.4	0.4		0.84	0.93	0.89	0.92	0.66	0.94	0.4
Capital Surpluse	0.64	0.27	0.64	0.08	0.57	0.7	0.69	0.79	0.73	-0.13	0.53	-0.27	0.48	0.79	-0.56	0.69	0.21	0.23	0.38	0.84		0.85	0.62	0.83	0.52	0.87	0.51
Short Long Term Debt	0.78	0.48	0.82	0.36	0.75	0.86	0.79	0.83	0.87	-0.17	0.7	-0.43	0.48	0.85	-0.71	0.85	0.24	0.36	0.45	0.93	0.85		0.87	0.93	0.41	0.9	0.47
Long Term Investments	0.88	0.66	0.93	0.63	0.77	0.76	0.85	0.81	0.88	-0.27	0.65	-0.52	0.63	0.89	-0.89	0.89	0.32	0.45	0.48	0.89	0.62	0.87		0.86	0.45	0.85	0.43
Net Invested Capital	0.83	0.63	0.85	0.51	0.79	0.84	0.81	0.79	0.89	-0.2	0.62	-0.47	0.65	0.87	-0.76	0.89	0.29	0.38	0.56	0.92	0.83	0.93	0.86		0.35	0.95	0.63
Net Working Capital	0.4	-0.13	0.38	-0.08	0.02	0.22	0.51	0.65	0.33	-0.12	-0.01	-0.26	0.22	0.63	-0.57	0.28	0.11	0.25	-0.02	0.66	0.52	0.41	0.45	0.35		0.55	-0.13
Capital Stock	0.85	0.54	0.88	0.41	0.73	0.74	0.85	0.87	0.9	-0.2	0.61	-0.47	0.68	0.96	-0.78	0.9	0.27	0.38	0.52	0.94	0.87	0.9	0.85	0.95	0.55		0.61
Accumulated Depreciation	0.48	0.6	0.51	0.42	0.62	0.47	0.39	0.31	0.6	-0.09	0.4	-0.23	0.79	0.48	-0.25	0.61	0.21	0.13	0.41	0.4	0.51	0.47	0.43	0.63	-0.13	0.61

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About United Airlines Financial Statements

United Airlines investors utilize fundamental indicators, such as Net Debt, to predict how United Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.

	Last Reported	Projected for Next Year
Net Debt	30.5 B	32 B
Net Debt To EBITDA	4.05	3.22

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When determining whether United Airlines Holdings is a strong investment it is important to analyze United Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact United Airlines' future performance. For an informed investment choice regarding United Stock, refer to the following important reports:

How To Invest In United

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Is United Stock a good investment?

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What is United Airlines' Net Worth?

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Check out the analysis of United Airlines Correlation against competitors.

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Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Airlines. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive United Airlines assessment requires weighing all these inputs, though not all factors influence outcomes equally.

Quarterly Earnings Growth

0.083

Earnings Share

10.2

Revenue Per Share

179.817

Quarterly Revenue Growth

0.048

Return On Assets

0.0413

The market value of United Airlines Holdings is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Airlines' value that differs from its market value or its book value, called intrinsic value, which is United Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Airlines' market value can be influenced by many factors that don't directly affect United Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between United Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, United Airlines' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

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United Net Debt from 2010 to 2026

Latest United Airlines' Net Debt Growth Pattern

United Net Debt Regression Statistics

United Net Debt History

Other Fundumenentals of United Airlines Holdings

United Airlines Net Debt component correlations

About United Airlines Financial Statements

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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