United Airlines Holdings (UAL) Net Cash Flow (2009 - 2026)
United Airlines Holdings (UAL) recorded Net Cash Flow of $2.3 billion in Q2 2026, compared with -$206 million a year earlier and up 19.1% from the prior quarter.
United Airlines Holdings (UAL) Net Cash Flow (2009 - 2026) Analysis & Trends
On a TTM basis, United Airlines Holdings' Net Cash Flow came in at $778 million as of Jun 30, 2026; for FY2025, it was -$2.86 billion.
- Across earlier years, Net Cash Flow came in at $2.61 billion in FY2024, -$1.09 billion in FY2023, -$11.11 billion in FY2022 and $6.79 billion in FY2021 (-23.5%).
- The Q2 2026 figure is the highest quarterly Net Cash Flow since Q2 2024.
- Per Business Quant, the preceding three quarters came in at $1.93 billion (Q1 2026), -$788 million (Q4 2025) and -$2.66 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | 872.00 Mn |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | 43.00 Mn |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | -48.44 Mn |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | -272.00 Mn |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | -1.14 Bn |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | 1.66 Bn |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | -462.00 Mn |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | -4.14 Mn |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | 2.30 Bn |
| 10 | Ryanair Holdings | 28.73 Bn | 12.74 Bn | 3.13 Bn | -1.69 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.30 Bn |
| Mar 31, 2026 | 1.93 Bn |
| Dec 31, 2025 | -788.00 Mn |
| Sep 30, 2025 | -2.66 Bn |
| Jun 30, 2025 | -206.00 Mn |
| Mar 31, 2025 | 791.00 Mn |
| Dec 31, 2024 | -82.00 Mn |
| Sep 30, 2024 | -2.09 Bn |
| Jun 30, 2024 | 2.43 Bn |
| Mar 31, 2024 | 2.35 Bn |
| Dec 31, 2023 | -1.78 Bn |
| Sep 30, 2023 | -1.77 Bn |
| Jun 30, 2023 | 1.85 Bn |
| Mar 31, 2023 | 611.00 Mn |
| Dec 31, 2022 | -4.11 Bn |
| Sep 30, 2022 | -5.61 Bn |
| Jun 30, 2022 | -1.59 Bn |
| Mar 31, 2022 | 190.00 Mn |
| Dec 31, 2021 | -1.19 Bn |
| Sep 30, 2021 | -1.58 Bn |
United Airlines Holdings Net Cash Flow 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=net-cash-flow&ticker=UAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=UAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();