United Airlines Holdings (UAL) Wages, Salaries and Other (2009 - 2026)
United Airlines Holdings (UAL) posted Wages, Salaries and Other of $4.69 billion for Q2 2026, up 6.2% from $4.41 billion a year earlier and up 2.7% from the prior quarter.
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Analysis
United Airlines Holdings (UAL) Wages, Salaries and Other (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Wages, Salaries and Other at United Airlines Holdings was $18.33 billion, up 6.5% year-over-year; for FY2025, it came in at $17.65 billion, up 5.8% from FY2024.
- Annual Wages, Salaries and Other has increased for five consecutive years, with a five-year compound annual growth rate of 13.1% (FY2020 to FY2025).
- In prior years, United Airlines Holdings' Wages, Salaries and Other was $16.68 billion in FY2024 (+12.8%), $14.79 billion in FY2023 (+29.0%), $11.47 billion in FY2022 (+19.9%) and $9.57 billion in FY2021 (+0.5%).
- The Q2 2026 figure stands as the highest quarterly Wages, Salaries and Other in data going back to Q2 2009.
- On a year-over-year basis, Wages, Salaries and Other has increased in each of the last 21 quarters, with growth averaging 7.8% over the last eight quarters.
- Over the past five years, the year-over-year growth in Wages, Salaries and Other ranged from 4.6% (Q4 2025) to 37.7% (Q3 2023).
- According to Business Quant data, Wages, Salaries and Other for the three prior quarters was $4.56 billion (Q1 2026), $4.52 billion (Q4 2025) and $4.56 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Wages (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | 1.24 Bn |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | 831.00 Mn |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | 522.67 Mn |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | 744.00 Mn |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | 12.65 Bn |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | 8.57 Bn |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | 4.76 Bn |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | 687.35 Mn |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | 4.69 Bn |
| 10 | Ryanair Holdings | 28.73 Bn | 12.74 Bn | 3.13 Bn | 553.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.69 Bn |
| Mar 31, 2026 | 4.56 Bn |
| Dec 31, 2025 | 4.52 Bn |
| Sep 30, 2025 | 4.56 Bn |
| Jun 30, 2025 | 4.41 Bn |
| Mar 31, 2025 | 4.16 Bn |
| Dec 31, 2024 | 4.33 Bn |
| Sep 30, 2024 | 4.32 Bn |
| Jun 30, 2024 | 4.10 Bn |
| Mar 31, 2024 | 3.93 Bn |
| Dec 31, 2023 | 3.84 Bn |
| Sep 30, 2023 | 3.91 Bn |
| Jun 30, 2023 | 3.71 Bn |
| Mar 31, 2023 | 3.32 Bn |
| Dec 31, 2022 | 3.00 Bn |
| Sep 30, 2022 | 2.84 Bn |
| Jun 30, 2022 | 2.84 Bn |
| Mar 31, 2022 | 2.79 Bn |
| Dec 31, 2021 | 2.58 Bn |
| Sep 30, 2021 | 2.49 Bn |
API Access
United Airlines Holdings Wages, Salaries and Other 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=wages-salaries-and-other&ticker=UAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "wages-salaries-and-other", "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=wages-salaries-and-other&ticker=UAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();