United Airlines Holdings Inc (UAL) — Cash Flow Quality Index
United Airlines Holdings Inc (UAL) has a Cash Flow Quality Index of 6.87x as of March 2026. Operating cash flow of $4.80 Billion exceeds net income of $699.00 Million, indicating high earnings quality where cash backs reported profits. Explore United Airlines Holdings Inc cash flow conversion to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
United Airlines Holdings Inc Cash Flow Quality Index (1986–2025)
Historical Cash Flow Quality Index for United Airlines Holdings Inc across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check United Airlines Holdings Inc (UAL) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for United Airlines Holdings Inc (1986–2025)
Year-by-year earnings quality comparison for United Airlines Holdings Inc. For live market cap and the full company financial profile, see UAL market cap overview.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.51x | $8.43 Billion | $3.35 Billion | ▼ -16.2% |
| 2024 | 3.00x | $9.45 Billion | $3.15 Billion | ▲ +13.6% |
| 2023 | 2.64x | $6.91 Billion | $2.62 Billion | ▼ -67.9% |
| 2022 | 8.23x | $6.07 Billion | $737.00 Million | ▲ +258.5% |
| 2019 | 2.30x | $6.91 Billion | $3.01 Billion | ▼ -21.0% |
| 2018 | 2.90x | $6.16 Billion | $2.12 Billion | ▲ +79.2% |
| 2017 | 1.62x | $3.47 Billion | $2.14 Billion | ▼ -34.7% |
| 2016 | 2.48x | $5.54 Billion | $2.23 Billion | ▲ +203.9% |
| 2015 | 0.82x | $5.99 Billion | $7.34 Billion | ▼ -64.9% |
| 2014 | 2.33x | $2.63 Billion | $1.13 Billion | ▼ -8.0% |
| 2013 | 2.53x | $1.44 Billion | $571.00 Million | ▼ -11.8% |
| 2011 | 2.87x | $2.41 Billion | $840.00 Million | ▼ -62.0% |
| 2010 | 7.54x | $1.91 Billion | $253.00 Million | ▲ +42.3% |
| 2007 | 5.30x | $2.13 Billion | $403.00 Million | ▼ -91.5% |
| 2006 | 62.48x | $1.56 Billion | $25.00 Million | ▲ +26.4% |
| 2000 | 49.44x | $2.47 Billion | $50.00 Million | ▲ +2428.2% |
| 1999 | 1.96x | $2.42 Billion | $1.24 Billion | ▼ -49.7% |
| 1998 | 3.89x | $3.19 Billion | $821.00 Million | ▲ +45.2% |
| 1997 | 2.68x | $2.57 Billion | $958.00 Million | ▼ -34.5% |
| 1996 | 4.09x | $2.45 Billion | $600.00 Million | ▼ -4.8% |
| 1995 | 4.30x | $1.62 Billion | $378.00 Million | ▼ -83.6% |
| 1994 | 26.16x | $1.33 Billion | $51.00 Million | ▲ +243.5% |
| 1990 | 7.61x | $715.80 Million | $94.00 Million | ▲ +274.7% |
| 1989 | 2.03x | $658.50 Million | $324.00 Million | ▲ +32.8% |
| 1988 | 1.53x | $1.72 Billion | $1.12 Billion | ▼ -78.1% |
| 1987 | 6.98x | $2.34 Billion | $335.00 Million | ▼ -91.7% |
| 1986 | 84.24x | $926.60 Million | $11.00 Million | — |