TTM
$5.10B
YoY change
-7.5%
5Y CAGR
—
Peak year (2015)
$5.17B
Cumulative operating income
$33.47B
Operating Income history chart for United Airlines Holdings (UAL) from 1983 to 2025
Latest: $4.71B
Operating Income growth chart for United Airlines Holdings (UAL) from 1983 to 2025
Latest: -7.5%
Operating Income history table for United Airlines Holdings (UAL) from 1983 to 2025
| 2025 | $4.71B | -7.5% | −$383.00M | ||
| 2024 | $5.10B | +21.0% | +$885.00M | ||
| 2023 | $4.21B | +80.2% | +$1.87B | ||
| 2022 | $2.34B | -328.7% | +$3.36B | ||
| 2021 | −$1.02B | -83.9% | +$5.34B | ||
| 2020 | −$6.36B | -247.8% | −$10.66B | ||
| 2019 | $4.30B | +33.2% | +$1.07B | ||
| 2018 | $3.23B | -10.8% | −$389.00M | ||
| 2017 | $3.62B | -16.7% | −$726.00M | ||
| 2016 | $4.34B | -15.9% | −$822.00M | ||
| 2015 | $5.17B | +117.7% | +$2.79B | ||
| 2014 | $2.37B | +90.0% | +$1.12B | ||
| 2013 | $1.25B | +3102.6% | +$1.21B | ||
| 2012 | $39.00M | -97.9% | −$1.78B | ||
| 2011 | $1.82B | +86.7% | +$846.00M | ||
| 2010 | $976.00M | -706.2% | +$1.14B | ||
| 2009 | −$161.00M | -96.4% | +$4.28B | ||
| 2008 | −$4.44B | -528.0% | −$5.47B | ||
| 2007 | $1.04B | +132.0% | +$590.00M | ||
| 2006 | $447.00M | -304.1% | +$666.00M | ||
| 2005 | −$219.00M | -74.4% | +$635.00M | ||
| 2004 | −$854.00M | -37.2% | +$506.00M | ||
| 2003 | −$1.36B | -52.1% | +$1.48B | ||
| 2002 | −$2.84B | -24.8% | +$934.00M | ||
| 2001 | −$3.77B | -676.6% | −$4.42B | ||
| 2000 | $654.00M | -53.0% | −$737.00M | ||
| 1999 | $1.39B | -5.9% | −$87.00M | ||
| 1998 | $1.48B | +17.4% | +$219.00M | ||
| 1997 | $1.26B | +12.1% | +$136.00M | ||
| 1996 | $1.12B | +35.5% | +$294.00M | ||
| 1995 | $829.00M | +59.1% | +$308.00M | ||
| 1994 | $521.00M | +98.1% | +$258.00M | ||
| 1993 | $263.00M | -148.9% | +$800.80M | ||
| 1992 | −$537.80M | +8.9% | −$43.80M | ||
| 1991 | −$494.00M | +1272.2% | −$458.00M | ||
| 1990 | −$36.00M | -107.7% | −$501.00M | ||
| 1989 | $465.00M | -30.1% | −$200.00M | ||
| 1988 | $665.00M | +169.2% | +$418.00M | ||
| 1987 | $247.00M | +174.4% | +$157.00M | ||
| 1986 | $90.00M | -137.0% | +$333.00M | ||
| 1985 | −$243.00M | -137.8% | −$886.00M | ||
| 1984 | $643.00M | +197.7% | +$427.00M | ||
| 1983 | $216.00M | — | — |
- 2025$4.71B-7.5%
- 2024$5.10B+21.0%
- 2023$4.21B+80.2%
- 2022$2.34B-328.7%
- 2021−$1.02B-83.9%
- 2020−$6.36B-247.8%
- 2019$4.30B+33.2%
- 2018$3.23B-10.8%
- 2017$3.62B-16.7%
- 2016$4.34B-15.9%
- 2015$5.17B+117.7%
- 2014$2.37B+90.0%
- 2013$1.25B+3102.6%
- 2012$39.00M-97.9%
- 2011$1.82B+86.7%
- 2010$976.00M-706.2%
- 2009−$161.00M-96.4%
- 2008−$4.44B-528.0%
- 2007$1.04B+132.0%
- 2006$447.00M-304.1%
- 2005−$219.00M-74.4%
- 2004−$854.00M-37.2%
- 2003−$1.36B-52.1%
- 2002−$2.84B-24.8%
- 2001−$3.77B-676.6%
- 2000$654.00M-53.0%
- 1999$1.39B-5.9%
- 1998$1.48B+17.4%
- 1997$1.26B+12.1%
- 1996$1.12B+35.5%
- 1995$829.00M+59.1%
- 1994$521.00M+98.1%
- 1993$263.00M-148.9%
- 1992−$537.80M+8.9%
- 1991−$494.00M+1272.2%
- 1990−$36.00M-107.7%
- 1989$465.00M-30.1%
- 1988$665.00M+169.2%
- 1987$247.00M+174.4%
- 1986$90.00M-137.0%
- 1985−$243.00M-137.8%
- 1984$643.00M+197.7%
- 1983$216.00M—
Operating Income values are taken from United Airlines Holdings's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at United Airlines Holdings (UAL)
According to United Airlines Holdings's latest reported financial statements, the company's current operating income (TTM) is $5.10B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of United Airlines Holdings (UAL) operating income is $4.71B – declined 7.5% year-over-year.
United Airlines Holdings operating income compound annual growth for the 2015–2025 (10 years) window is -0.9%, with a net decline across the window.
Between 2015 and 2025, United Airlines Holdings operating income declined 8.8%, falling from $5.17B to $4.71B.
The record annual operating income stands at $5.17B, reached in 2015; the historical low of −$6.36B was recorded in 2020.
United Airlines Holdings Operating Income by Year
United Airlines Holdings Operating Income 2025: $4.71B
United Airlines Holdings operating income in 2025 was $4.71B, declined 7.5% below 2024.
United Airlines Holdings Operating Income 2024: $5.10B
2024's operating income for United Airlines Holdings came in at $5.10B, grew 21.0% from 2023.
United Airlines Holdings Operating Income 2023: $4.21B
United Airlines Holdings posted operating income of $4.21B in 2023, surged 80.2% from 2022.
United Airlines Holdings Operating Income 2022: $2.34B
In 2022, United Airlines Holdings reported operating income of $2.34B, plunged 328.7% below 2021.
United Airlines Holdings Operating Income 2021: −$1.02B
United Airlines Holdings operating income in 2021 was −$1.02B.
See more financial history for United Airlines Holdings (UAL).
Sector peers by Operating Income
Industrials peers of United Airlines Holdings (UAL), ranked by their latest operating income
| $11.21B | |
| $9.84B | |
| $9.30B | |
| $8.77B | |
| $8.42B | |
| $5.23B | |
| −$2.59B | |
| −$5.42B |
- $11.21B
- $9.84B
- $9.30B
- $8.77B
- $8.42B
- $5.23B
- −$2.59B
- −$5.42B
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