United Airlines Holdings Inc (UAL) — Cash Flow Quality Index
United Airlines Holdings Inc (UAL) has a Cash Flow Quality Index of 2.00x as of June 2026. Operating cash flow of $1.61 Billion exceeds net income of $805.00 Million, indicating high earnings quality where cash backs reported profits. Explore how well can United Airlines Holdings Inc service its debt to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see United Airlines Holdings Inc cash conversion from operations.
Annual Cash Flow Quality Index for United Airlines Holdings Inc (1986–2025)
Year-by-year earnings quality comparison for United Airlines Holdings Inc.
| 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 | — |