United Airlines Holdings (UAL) Current Leases (2009 - 2024)
United Airlines Holdings (UAL) reported Current Leases of $87 million for Q3 2024, down 67.9% from $271 million a year earlier and down 20.9% from the prior quarter.
United Airlines Holdings (UAL) Current Leases (2009 - 2024) Analysis & Trends
At the end of FY2023, United Airlines Holdings posted Current Leases of $172 million, up 65.4% from FY2022.
- Current Leases has a five-year compound annual growth rate of 6.9% (FY2018 to FY2023).
- By year, Current Leases came in at $104 million in FY2022 (+36.8%), $76 million in FY2021 (-58.2%), $182 million in FY2020 (+295.7%) and $46 million in FY2019 (-62.6%).
- The Q3 2024 figure ranks as the lowest quarterly Current Leases since Q1 2023.
- Year over year, Current Leases gained in six of the last eight quarters, with growth averaging 65.2%.
- The high point for year-over-year Current Leases in five years was Q4 2020 (growth of 295.7%); the low point was Q3 2024 (a decline of 67.9%).
- Per Business Quant data, the three quarters before Q3 2024 came in at $110 million (Q2 2024), $117 million (Q1 2024) and $172 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 173.57 Bn | 165.82 Bn | - | - |
| 2 | Csx | 93.73 Bn | 88.95 Bn | - | - |
| 3 | United Parcel Service | 85.38 Bn | 62.27 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 79.16 Bn | 78.18 Bn | - | - |
| 5 | Norfolk Southern | 74.37 Bn | 68.83 Bn | - | - |
| 6 | Fedex | 70.74 Bn | 36.69 Bn | - | - |
| 7 | Delta Air Lines | 50.02 Bn | 32.21 Bn | - | - |
| 8 | Old Dominion Freight Line | 37.99 Bn | 37.25 Bn | - | - |
| 9 | United Airlines Holdings | 31.82 Bn | -25.87 Bn | - | - |
| 10 | Ryanair Holdings | 27.75 Bn | 11.40 Bn | - | 45.46 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 87.00 Mn |
| Jun 30, 2024 | 110.00 Mn |
| Mar 31, 2024 | 117.00 Mn |
| Dec 31, 2023 | 172.00 Mn |
| Sep 30, 2023 | 271.00 Mn |
| Jun 30, 2023 | 225.00 Mn |
| Mar 31, 2023 | 75.00 Mn |
| Dec 31, 2022 | 104.00 Mn |
| Sep 30, 2022 | 72.00 Mn |
| Jun 30, 2022 | 78.00 Mn |
| Mar 31, 2022 | 64.00 Mn |
| Dec 31, 2021 | 76.00 Mn |
| Sep 30, 2021 | 116.00 Mn |
| Jun 30, 2021 | 144.00 Mn |
| Mar 31, 2021 | 179.00 Mn |
| Dec 31, 2020 | 182.00 Mn |
| Sep 30, 2020 | 136.00 Mn |
| Jun 30, 2020 | 93.00 Mn |
| Mar 31, 2020 | 59.00 Mn |
| Dec 31, 2019 | 46.00 Mn |
United Airlines Holdings Current Leases 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=current-leases&ticker=UAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-leases", "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=current-leases&ticker=UAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();