United Airlines Holdings Inc (UAL)
Financial leverage ratio
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 76,448,000 | 74,083,000 | 71,104,000 | 67,358,000 | 68,175,000 |
| Total stockholders’ equity | US$ in thousands | 15,282,000 | 12,675,000 | 9,324,000 | 6,896,000 | 5,029,000 |
| Financial leverage ratio | 5.00 | 5.84 | 7.63 | 9.77 | 13.56 |
December 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $76,448,000K ÷ $15,282,000K
= 5.00
Peer comparison
Dec 31, 2025
Company name
Symbol
Financial leverage ratio
United Airlines Holdings Inc
UAL
5.00
Alaska Air Group Inc
ALK
—
American Airlines Group
AAL
—
Delta Air Lines Inc
DAL
3.91
JetBlue Airways Corp
JBLU
6.38
SkyWest Inc
SKYW
2.96
Southwest Airlines Company
LUV
3.64