United Airlines Holdings (UAL) Common Equity (2009 - 2026)
United Airlines Holdings' Common Equity came in at $17.75 billion for Q3 2026, up 24.1% from $14.31 billion a year earlier and up 6.3% from the prior quarter.
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Analysis
United Airlines Holdings (UAL) Common Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, United Airlines Holdings' Common Equity was $15.28 billion, up 20.6% from FY2024.
- Common Equity has increased in each of the last four years, with a five-year compound annual growth rate of 20.7% (FY2020 to FY2025).
- Going back by year, Common Equity was $12.68 billion in FY2024 (+35.9%), $9.32 billion in FY2023 (+35.2%), $6.9 billion in FY2022 (+37.1%) and $5.03 billion in FY2021 (-15.6%).
- The Q3 2026 figure represents the highest quarterly Common Equity in data going back to Q4 2009.
- Year-over-year, Common Equity has increased for 16 consecutive quarters, with growth averaging 27.6% over the last eight quarters.
- The fastest year-over-year change in Common Equity over five years came in Q2 2023 (growth of 94.4%), and the weakest in Q1 2022 (a decline of 30.4%).
- Business Quant data shows UAL's Common Equity at $16.7 billion (Q2 2026), $15.88 billion (Q1 2026) and $15.28 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 177.13 Bn | 169.38 Bn | - | 22.02 Bn |
| 2 | Csx | 95.25 Bn | 90.48 Bn | - | 14.38 Bn |
| 3 | Canadian Pacific Kansas City | 79.66 Bn | 79.37 Bn | - | 33.50 Bn |
| 4 | United Parcel Service | 76.08 Bn | 53.01 Bn | - | 15.10 Bn |
| 5 | Norfolk Southern | 75.89 Bn | 70.35 Bn | - | 16.73 Bn |
| 6 | Fedex | 71.92 Bn | 37.86 Bn | - | 31.65 Bn |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 22.51 Bn |
| 8 | Old Dominion Freight Line | 39.40 Bn | 38.66 Bn | - | 4.55 Bn |
| 9 | United Airlines Holdings | 33.14 Bn | -24.56 Bn | - | 17.75 Bn |
| 10 | Ryanair Holdings | 28.01 Bn | 11.66 Bn | - | 10.83 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.75 Bn |
| Jun 30, 2026 | 16.70 Bn |
| Mar 31, 2026 | 15.88 Bn |
| Dec 31, 2025 | 15.28 Bn |
| Sep 30, 2025 | 14.31 Bn |
| Jun 30, 2025 | 13.37 Bn |
| Mar 31, 2025 | 12.62 Bn |
| Dec 31, 2024 | 12.68 Bn |
| Sep 30, 2024 | 11.44 Bn |
| Jun 30, 2024 | 10.53 Bn |
| Mar 31, 2024 | 9.19 Bn |
| Dec 31, 2023 | 9.32 Bn |
| Sep 30, 2023 | 8.85 Bn |
| Jun 30, 2023 | 7.71 Bn |
| Mar 31, 2023 | 6.67 Bn |
| Dec 31, 2022 | 6.90 Bn |
| Sep 30, 2022 | 4.90 Bn |
| Jun 30, 2022 | 3.96 Bn |
| Mar 31, 2022 | 3.62 Bn |
| Dec 31, 2021 | 5.03 Bn |
API Access
United Airlines Holdings Common Equity 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=common-equity&ticker=UAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=UAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();