United Airlines Holdings (UAL) Cash & Equivalents (2009 - 2026)
United Airlines Holdings (UAL) recorded Cash & Equivalents of $6.65 billion in Q3 2026, down 1.2% from $6.73 billion a year earlier and down 34.6% from the prior quarter.
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Analysis
United Airlines Holdings (UAL) Cash & Equivalents (2009 - 2026) Analysis & Trends
At the end of FY2025, United Airlines Holdings reported Cash & Equivalents of $5.94 billion, down 32.2% from FY2024.
- Annual Cash & Equivalents has a five-year compound annual growth rate of -12.0% (FY2020 to FY2025).
- Across earlier years, Cash & Equivalents came in at $8.77 billion in FY2024 (+44.8%), $6.06 billion in FY2023 (-15.5%), $7.17 billion in FY2022 (-60.8%) and $18.28 billion in FY2021 (+62.2%).
- Quarterly Cash & Equivalents has ranged from $5.94 billion in Q4 2025 to $18.47 billion in Q1 2022 over the past five years.
- On a year-over-year basis, Cash & Equivalents rose in three of the last eight quarters, with an average decline of 2.8%.
- Peak year-over-year performance for Cash & Equivalents in the last five years was growth of 62.2% in Q4 2021, against a decline of 60.8% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $10.17 billion (Q2 2026), $7.87 billion (Q1 2026) and $5.94 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 174.78 Bn | 167.03 Bn | - | 2.21 Bn |
| 2 | Csx | 94.70 Bn | 89.92 Bn | - | 1.22 Bn |
| 3 | United Parcel Service | 86.30 Bn | 63.19 Bn | - | 4.65 Bn |
| 4 | Canadian Pacific Kansas City | 79.71 Bn | 78.73 Bn | - | 257.58 Mn |
| 5 | Norfolk Southern | 74.61 Bn | 69.07 Bn | - | 1.60 Bn |
| 6 | Fedex | 70.94 Bn | 36.89 Bn | - | 13.31 Bn |
| 7 | Delta Air Lines | 50.02 Bn | 32.21 Bn | - | 3.79 Bn |
| 8 | Old Dominion Freight Line | 38.17 Bn | 37.43 Bn | - | 283.94 Mn |
| 9 | United Airlines Holdings | 31.94 Bn | -25.76 Bn | - | 6.65 Bn |
| 10 | Ryanair Holdings | 27.63 Bn | 11.27 Bn | - | 2.84 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.65 Bn |
| Jun 30, 2026 | 10.17 Bn |
| Mar 31, 2026 | 7.87 Bn |
| Dec 31, 2025 | 5.94 Bn |
| Sep 30, 2025 | 6.73 Bn |
| Jun 30, 2025 | 9.35 Bn |
| Mar 31, 2025 | 9.37 Bn |
| Dec 31, 2024 | 8.77 Bn |
| Sep 30, 2024 | 8.81 Bn |
| Jun 30, 2024 | 10.86 Bn |
| Mar 31, 2024 | 8.40 Bn |
| Dec 31, 2023 | 6.06 Bn |
| Sep 30, 2023 | 7.48 Bn |
| Jun 30, 2023 | 9.61 Bn |
| Mar 31, 2023 | 7.63 Bn |
| Dec 31, 2022 | 7.17 Bn |
| Sep 30, 2022 | 11.26 Bn |
| Jun 30, 2022 | 16.89 Bn |
| Mar 31, 2022 | 18.47 Bn |
| Dec 31, 2021 | 18.28 Bn |
API Access
United Airlines Holdings Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=UAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "UAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=UAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();