United Historical Income Statement
| UAL Stock | USD 95.20 0.57 0.60% |
Historical analysis of United Airlines income statement accounts such as Depreciation And Amortization of 2.8 B, Interest Expense of 1.9 B, Total Revenue of 56.4 B or Gross Profit of 12.1 B can show how well United Airlines Holdings performed in making a profits. Evaluating United Airlines income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of United Airlines's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining United Airlines Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether United Airlines Holdings is a good buy for the upcoming year.
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About United Income Statement Analysis
United Airlines Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to United Airlines shareholders. The income statement also shows United investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
United Airlines Income Statement Chart
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Total Revenue
Total revenue comprises all receipts United Airlines Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of United Airlines Holdings. It is also known as United Airlines overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on United Airlines Holdings income statement and represents the costs associated with goods and services United Airlines provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from United Airlines' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into United Airlines Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Airlines Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, United Airlines' Operating Income is quite stable compared to the past year. EBIT is expected to rise to about 5.4 B this year, although the value of Total Other Income Expense Net will most likely fall to (865.2 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 24.6B | 45.0B | 53.7B | 56.4B | Interest Expense | 1.6B | 1.7B | 1.8B | 1.9B |
United Airlines income statement Correlations
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United Airlines Account Relationship Matchups
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United Airlines income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 2.3B | 2.5B | 2.5B | 2.5B | 2.7B | 2.8B | |
| Interest Expense | 646M | 992M | 1.6B | 1.7B | 1.8B | 1.9B | |
| Total Revenue | 43.3B | 15.4B | 24.6B | 45.0B | 53.7B | 56.4B | |
| Gross Profit | 12.5B | (5.0B) | 721M | 10.6B | 7.1B | 12.1B | |
| Other Operating Expenses | 38.7B | 24.3B | 25.0B | 42.5B | 49.5B | 52.0B | |
| Operating Income | 2.4B | (6.4B) | (368M) | 327M | 4.2B | 4.4B | |
| Ebit | 2.4B | (7.8B) | (980M) | 2.7B | 5.2B | 5.4B | |
| Ebitda | 4.7B | (5.3B) | 1.5B | 5.1B | 7.8B | 8.2B | |
| Cost Of Revenue | 30.8B | 20.4B | 23.9B | 34.3B | 46.6B | 48.9B | |
| Total Operating Expenses | 7.9B | 3.9B | 1.1B | 8.2B | 13.8B | 11.4B | |
| Income Before Tax | 3.9B | (8.8B) | (2.6B) | 990M | 3.4B | 3.6B | |
| Total Other Income Expense Net | 1.5B | (2.5B) | (1.5B) | (1.3B) | (824M) | (865.2M) | |
| Net Income | 3.0B | (7.1B) | (2.0B) | 737M | 2.6B | 2.7B | |
| Income Tax Expense | 905M | (1.8B) | (593M) | 253M | 769M | 670.4M | |
| Selling General Administrative | 20.0B | 13.5B | 677M | 19.6B | 2.0B | 1.9B | |
| Selling And Marketing Expenses | 1.7B | 459M | 677M | 1.5B | 2.0B | 1.2B | |
| Net Income Applicable To Common Shares | 3.0B | (7.1B) | (2.0B) | 737M | 663.3M | 630.1M | |
| Net Income From Continuing Ops | 3.0B | (7.1B) | (2.0B) | 737M | 2.6B | 2.7B | |
| Non Operating Income Net Other | 259M | (1.5B) | 42M | 326M | 293.4M | 308.1M | |
| Non Recurring | 246M | (2.6B) | (3.4B) | 140M | 126M | 132.3M | |
| Tax Provision | 905M | (1.8B) | (593M) | 253M | 769M | 807.5M | |
| Net Interest Income | (513M) | (942M) | (1.5B) | (1.4B) | (947M) | (994.4M) | |
| Interest Income | 133M | 50M | 36M | 298M | 827M | 868.4M | |
| Reconciled Depreciation | 2.3B | 2.5B | 2.5B | 2.5B | 2.7B | 2.6B |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in United Airlines Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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. All the valuation information about United Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Earnings Share 8.39 | Revenue Per Share 170.467 | Quarterly Revenue Growth 0.025 | Return On Assets 0.0411 |
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. However, United Airlines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.