United Airlines Holdings (UAL) Total Debt (2009 - 2026)
United Airlines Holdings' Total Debt came in at $26.4 billion for Q3 2026, up 3.8% from $25.43 billion a year earlier but down 0.2% from the prior quarter.
United Airlines Holdings (UAL) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, United Airlines Holdings' Total Debt was $24.99 billion, down 12.8% from FY2024.
- Total Debt carries a five-year compound annual growth rate of -1.4% (FY2020 to FY2025).
- Going back by year, Total Debt was $28.66 billion in FY2024 (-9.5%), $31.66 billion in FY2023 (+1.5%), $31.19 billion in FY2022 (-6.5%) and $33.36 billion in FY2021 (+24.7%).
- The five-year range for quarterly Total Debt is $24.19 billion (Q1 2026) to $33.36 billion (Q4 2021).
- Year-over-year, Total Debt increased in three of the last eight quarters, with an average decline of 3.6%.
- The fastest year-over-year change in Total Debt over five years came in Q4 2021 (growth of 24.7%), and the weakest in Q3 2024 (a decline of 13.8%).
- Business Quant data shows UAL's Total Debt at $26.46 billion (Q2 2026), $24.19 billion (Q1 2026) and $24.99 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 177.13 Bn | 169.38 Bn | - | 30.32 Bn |
| 2 | Csx | 95.25 Bn | 90.48 Bn | - | 18.80 Bn |
| 3 | Canadian Pacific Kansas City | 79.66 Bn | 79.37 Bn | - | 17.70 Bn |
| 4 | United Parcel Service | 76.08 Bn | 53.01 Bn | - | 24.48 Bn |
| 5 | Norfolk Southern | 75.89 Bn | 70.35 Bn | - | 16.61 Bn |
| 6 | Fedex | 71.92 Bn | 37.86 Bn | - | 25.71 Bn |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 13.95 Bn |
| 8 | Old Dominion Freight Line | 39.40 Bn | 38.66 Bn | - | 20.00 Mn |
| 9 | United Airlines Holdings | 33.14 Bn | -24.56 Bn | - | 26.40 Bn |
| 10 | Ryanair Holdings | 28.01 Bn | 11.66 Bn | - | 43.75 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.40 Bn |
| Jun 30, 2026 | 26.46 Bn |
| Mar 31, 2026 | 24.19 Bn |
| Dec 31, 2025 | 24.99 Bn |
| Sep 30, 2025 | 25.43 Bn |
| Jun 30, 2025 | 27.08 Bn |
| Mar 31, 2025 | 27.66 Bn |
| Dec 31, 2024 | 28.66 Bn |
| Sep 30, 2024 | 25.49 Bn |
| Jun 30, 2024 | 26.44 Bn |
| Mar 31, 2024 | 27.02 Bn |
| Dec 31, 2023 | 31.66 Bn |
| Sep 30, 2023 | 29.58 Bn |
| Jun 30, 2023 | 30.29 Bn |
| Mar 31, 2023 | 30.67 Bn |
| Dec 31, 2022 | 31.19 Bn |
| Sep 30, 2022 | 31.45 Bn |
| Jun 30, 2022 | 32.19 Bn |
| Mar 31, 2022 | 32.66 Bn |
| Dec 31, 2021 | 33.36 Bn |
United Airlines Holdings Total Debt 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=total-debt&ticker=UAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=UAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();