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Shares Outstanding for United Airlines Holdings (UAL)

According to United Airlines Holdings's latest reported financial statements, the company's latest reported diluted shares outstanding is 326.80M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Latest period

326.80M

YoY change

-1.9%

5Y CAGR

+3.2%

Peak year (2013)

390.00M

Latest annual

327.00M

Shares Outstanding history chart for United Airlines Holdings (UAL) from 1983 to 2025

Shares Outstanding history table for United Airlines Holdings (UAL) from 1983 to 2025

Fiscal yearPeriod endedReportedShares OutstandingYoY
2025327.00M-1.9%
2024333.20M+0.4%
2023331.90M+0.5%
2022330.10M+2.5%
2021321.90M+15.2%
2020279.40M+7.5%
2019259.90M-6.1%
2018276.70M-8.9%
2017303.60M-8.1%
2016330.30M-12.4%
2015377.00M-3.3%
2014390.00M0.0%
2013390.00M+17.8%
2012331.00M-13.6%
2011383.00M+51.4%
2010253.00M+67.9%
2009150.70M+18.8%
2008126.80M-17.5%
2007153.70M+32.3%
2006116.22M+0.0%
2005116.20M+2.4%
2004113.50M+10.6%
2003102.63M-6.3%
2002109.53M0.0%
2001109.53M0.0%
2000109.53M0.0%
1999109.53M+3.9%
1998105.37M0.0%
1997105.37M0.0%
1996105.37M0.0%
1995105.37M0.0%
1994105.37M+10.9%
199395.00M0.0%
199295.00M+2.2%
199193.00M+6.9%
199087.00M0.0%
198987.00M-26.9%
1988119.00M-46.6%
1987223.00M+23.2%
1986181.00M+30.2%
1985139.00M-14.7%
1984163.00M+26.4%
1983129.00M

Shares Outstanding values are taken from United Airlines Holdings's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

In 2025, United Airlines Holdings (UAL) diluted shares outstanding totalled 327.00M – edged down 1.9% year-over-year.

United Airlines Holdings diluted shares outstanding compound annual growth for the 2020–2025 (5 years) window is +3.2%, with the latest reading among the more recent periods of the dataset.

United Airlines Holdings diluted shares outstanding declined from 390.00M in 2013 to 327.00M in 2025, a 16.2% drawdown.

390.00M stands as the all-time-high annual diluted shares outstanding, posted in 2013, against a low of 87.00M during 1989.

Among 8 Industrials peers, United Airlines Holdings (UAL) ranks 8th; the peer median for diluted shares outstanding is 618.15M.

United Airlines Holdings Shares Outstanding by Year

United Airlines Holdings Shares Outstanding 2025: 327.00M

United Airlines Holdings diluted shares outstanding in 2025 was 327.00M, edged down 1.9% below 2024.

United Airlines Holdings Shares Outstanding 2024: 333.20M

United Airlines Holdings diluted shares outstanding in 2024 was 333.20M, edged up 0.4% from 2023.

United Airlines Holdings Shares Outstanding 2023: 331.90M

United Airlines Holdings diluted shares outstanding in 2023 was 331.90M, edged up 0.5% from 2022.

United Airlines Holdings Shares Outstanding 2022: 330.10M

United Airlines Holdings diluted shares outstanding in 2022 was 330.10M, edged up 2.5% from 2021.

United Airlines Holdings Shares Outstanding 2021: 321.90M

United Airlines Holdings diluted shares outstanding in 2021 was 321.90M.

See more financial history for United Airlines Holdings (UAL).

Sector peers — Shares Outstanding

Companies in the same sector as United Airlines Holdings, ranked by their latest diluted shares outstanding.

CompanyShares OutstandingSector
RTX Corporation (RTX)1.36BIndustrials
GE Aerospace (GE)1.07BIndustrials
The Boeing Company (BA)762.30MIndustrials
Honeywell International Inc. (HON)642.80MIndustrials
Union Pacific Corporation (UNP)593.50MIndustrials
Caterpillar Inc. (CAT)469.00MIndustrials
Eaton Corporation plc (ETN)389.50MIndustrials
Deere & Company (DE)271.70MIndustrials

Frequently asked questions

What is United Airlines Holdings's diluted shares outstanding?

Latest reported diluted shares outstanding for United Airlines Holdings (UAL) is 326.80M (period ending March 31, 2026).

How has United Airlines Holdings diluted shares outstanding changed year-over-year?

United Airlines Holdings (UAL) diluted shares outstanding changed -1.9% year-over-year on the latest annual filing.

What is the long-term growth rate of United Airlines Holdings diluted shares outstanding?

United Airlines Holdings (UAL) diluted shares outstanding compound annual growth rate is +3.2% over the most recent 5 years available.

When did United Airlines Holdings diluted shares outstanding hit its highest annual value?

United Airlines Holdings diluted shares outstanding reached its highest annual value of 390.00M in 2013.

What was United Airlines Holdings diluted shares outstanding in 2024?

United Airlines Holdings (UAL) diluted shares outstanding in 2024 was 333.20M.

What was United Airlines Holdings diluted shares outstanding in 2025?

United Airlines Holdings (UAL) diluted shares outstanding in 2025 was 327.00M.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.