United Airlines Holdings Inc Cash Flow Conversion Efficiency
United Airlines Holdings Inc cash flow conversion efficiency. Based on the latest financial reports, United Airlines Holdings Inc (UAL) has a cash flow conversion efficiency ratio of 0.096x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($1.61 Billion) by net assets ($16.70 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of United Airlines Holdings Inc (1985–2025)
Cash flow conversion efficiency of United Airlines Holdings Inc from 1985 to 2025. This chart illustrates how United Airlines Holdings Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View UAL stock price and chart for real-time trading data and today's change.
United Airlines Holdings Inc Cash Flow Conversion Ratio Explained
United Airlines Holdings Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
United Airlines Holdings Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of United Airlines Holdings Inc ranked by their cash flow conversion efficiency. Also see United Airlines Holdings Inc market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cameco Corp
TO:CCO
|
0.085x |
|
Steel Dynamics Inc
NASDAQ:STLD
|
0.016x |
|
Nebius Group N.V.
NASDAQ:NBIS
|
0.217x |
|
Bank of Ningbo Co Ltd
SHE:002142
|
0.231x |
|
KERING.UNSP.ADR 1/10 EO 4
F:PPXB
|
N/A |
|
Eternal Limited
NSE:ETERNAL
|
-0.003x |
|
Banco BTG Pactual S.A.
SA:BPAC11
|
0.018x |
|
Celestica Inc.
TO:CLS
|
0.162x |
Annual Cash Flow Conversion Efficiency for United Airlines Holdings Inc (1985–2025)
The table below shows the annual cash flow conversion efficiency of United Airlines Holdings Inc from 1985 to 2025. Review how much free cash does United Airlines Holdings Inc generate to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $15.28 Billion | $8.43 Billion | 0.552x | -25.96% |
| 2024-12-31 | $12.68 Billion | $9.45 Billion | 0.745x | +0.53% |
| 2023-12-31 | $9.32 Billion | $6.91 Billion | 0.741x | -15.74% |
| 2022-12-31 | $6.90 Billion | $6.07 Billion | 0.880x | +114.02% |
| 2021-12-31 | $5.03 Billion | $2.07 Billion | 0.411x | +159.27% |
| 2020-12-31 | $5.96 Billion | $-4.13 Billion | -0.693x | -215.74% |
| 2019-12-31 | $11.53 Billion | $6.91 Billion | 0.599x | -2.39% |
| 2018-12-31 | $10.04 Billion | $6.16 Billion | 0.614x | +54.32% |
| 2017-12-31 | $8.73 Billion | $3.47 Billion | 0.398x | -37.85% |
| 2016-12-31 | $8.66 Billion | $5.54 Billion | 0.640x | -4.23% |
| 2015-12-31 | $8.97 Billion | $5.99 Billion | 0.668x | -39.21% |
| 2014-12-31 | $2.40 Billion | $2.63 Billion | 1.099x | +127.18% |
| 2013-12-31 | $2.98 Billion | $1.44 Billion | 0.484x | -75.11% |
| 2012-12-31 | $481.00 Million | $935.00 Million | 1.944x | +45.79% |
| 2011-12-31 | $1.81 Billion | $2.41 Billion | 1.333x | +20.75% |
| 2010-12-31 | $1.73 Billion | $1.91 Billion | 1.104x | +421.32% |
| 2009-12-31 | $-2.81 Billion | $966.00 Million | -0.344x | -164.49% |
| 2008-12-31 | $-2.33 Billion | $-1.24 Billion | 0.533x | -39.62% |
| 2007-12-31 | $2.42 Billion | $2.13 Billion | 0.883x | +21.36% |
| 2006-12-31 | $2.15 Billion | $1.56 Billion | 0.727x | +1822.61% |
| 2005-12-31 | $-25.56 Billion | $1.08 Billion | -0.042x | -761.65% |
| 2004-12-31 | $-7.68 Billion | $-49.00 Million | 0.006x | +103.77% |
| 2003-12-31 | $-5.92 Billion | $1.00 Billion | -0.169x | -136.89% |
| 2002-12-31 | $-2.48 Billion | $-1.14 Billion | 0.459x | +969.56% |
| 2001-12-31 | $3.03 Billion | $-160.00 Million | -0.053x | -111.08% |
| 2000-12-31 | $5.19 Billion | $2.47 Billion | 0.476x | +1.34% |
| 1999-12-31 | $5.15 Billion | $2.42 Billion | 0.470x | -51.72% |
| 1998-12-31 | $3.28 Billion | $3.19 Billion | 0.973x | -11.37% |
| 1997-12-31 | $2.34 Billion | $2.57 Billion | 1.098x | -54.06% |
| 1996-12-31 | $1.03 Billion | $2.45 Billion | 2.391x | +126.50% |
| 1995-12-31 | $-180.00 Million | $1.62 Billion | -9.022x | -80.58% |
| 1994-12-31 | $-267.00 Million | $1.33 Billion | -4.996x | -820.90% |
| 1993-12-31 | $1.24 Billion | $858.00 Million | 0.693x | -14.95% |
| 1992-12-31 | $706.00 Million | $575.30 Million | 0.815x | +285.02% |
| 1991-12-31 | $1.60 Billion | $338.00 Million | 0.212x | -50.59% |
| 1990-12-31 | $1.67 Billion | $715.80 Million | 0.428x | +1.81% |
| 1989-12-31 | $1.56 Billion | $658.50 Million | 0.421x | -70.01% |
| 1988-12-31 | $1.23 Billion | $1.72 Billion | 1.403x | +75.21% |
| 1987-12-31 | $2.92 Billion | $2.34 Billion | 0.801x | +98.13% |
| 1986-12-31 | $2.29 Billion | $926.60 Million | 0.404x | +227.94% |
| 1985-12-31 | $1.56 Billion | $-492.40 Million | -0.316x | -- |
About United Airlines Holdings Inc
United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in the United States, Canada, Atlantic, the Pacific, and Latin America. It transports people and cargo through its mainline and regional fleets. The company also offers ground handling, flight academy, frequent flyer award non-travel redemptions, and maintenance services for third parties. In addition, … Read more