United Airlines Holdings Inc Net Asset Quality Index
United Airlines Holdings Inc net asset quality index. United Airlines Holdings Inc (UAL) has a Net Asset Quality Index of 19.7% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $84.57 Billion minus total liabilities of $67.87 Billion yields net assets of $16.70 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check how high is United Airlines Holdings Inc's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of United Airlines Holdings Inc (1983–2025)
Net asset quality index of United Airlines Holdings Inc from 1983 to 2025. This chart shows how United Airlines Holdings Inc's Net Asset Quality Index has evolved across 43 annual periods from 1983 to 2025. As of June 2026, the index stands at 19.7%, representing net assets of $16.70 Billion against total assets of $84.57 Billion USD. See UAL book value for net asset value and shareholders' equity analysis.
United Airlines Holdings Inc Net Asset Quality Index by Year (1983–2025)
United Airlines Holdings Inc net asset quality index by year from 1983 to 2025. The table below presents the year-by-year Net Asset Quality Index for United Airlines Holdings Inc from 1983 to 2025, covering 43 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see UAL market cap.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 20.0% | $15.28 Billion | $76.45 Billion | $61.17 Billion | ▲ +2.9 pp |
| 2024 | 17.1% | $12.68 Billion | $74.08 Billion | $61.41 Billion | ▲ +4.0 pp |
| 2023 | 13.1% | $9.32 Billion | $71.10 Billion | $61.78 Billion | ▲ +2.9 pp |
| 2022 | 10.2% | $6.90 Billion | $67.36 Billion | $60.46 Billion | ▲ +2.9 pp |
| 2021 | 7.4% | $5.03 Billion | $68.17 Billion | $63.15 Billion | ▼ -2.6 pp |
| 2020 | 10.0% | $5.96 Billion | $59.55 Billion | $53.59 Billion | ▼ -11.9 pp |
| 2019 | 21.9% | $11.53 Billion | $52.61 Billion | $41.08 Billion | ▲ +1.4 pp |
| 2018 | 20.5% | $10.04 Billion | $49.02 Billion | $38.98 Billion | ▼ -0.1 pp |
| 2017 | 20.6% | $8.73 Billion | $42.35 Billion | $33.61 Billion | ▼ -0.9 pp |
| 2016 | 21.6% | $8.66 Billion | $40.14 Billion | $31.48 Billion | ▼ -0.4 pp |
| 2015 | 21.9% | $8.97 Billion | $40.86 Billion | $31.89 Billion | ▲ +15.4 pp |
| 2014 | 6.5% | $2.40 Billion | $36.59 Billion | $34.20 Billion | ▼ -1.6 pp |
| 2013 | 8.1% | $2.98 Billion | $36.81 Billion | $33.83 Billion | ▲ +6.8 pp |
| 2012 | 1.3% | $481.00 Million | $37.63 Billion | $37.15 Billion | ▼ -3.5 pp |
| 2011 | 4.8% | $1.81 Billion | $37.99 Billion | $36.18 Billion | ▲ +0.4 pp |
| 2010 | 4.4% | $1.73 Billion | $39.60 Billion | $37.87 Billion | ▲ +19.4 pp |
| 2009 | -15.0% | $-2.81 Billion | $18.68 Billion | $21.50 Billion | ▼ -3.1 pp |
| 2008 | -11.9% | $-2.33 Billion | $19.46 Billion | $21.79 Billion | ▼ -21.9 pp |
| 2007 | 10.0% | $2.42 Billion | $24.22 Billion | $21.80 Billion | ▲ +1.5 pp |
| 2006 | 8.5% | $2.15 Billion | $25.37 Billion | $23.22 Billion | ▲ +140.6 pp |
| 2005 | -132.1% | $-25.56 Billion | $19.34 Billion | $44.90 Billion | ▼ -95.1 pp |
| 2004 | -37.1% | $-7.68 Billion | $20.70 Billion | $28.39 Billion | ▼ -10.2 pp |
| 2003 | -26.9% | $-5.92 Billion | $21.98 Billion | $27.89 Billion | ▼ -16.4 pp |
| 2002 | -10.5% | $-2.48 Billion | $23.66 Billion | $26.14 Billion | ▼ -22.5 pp |
| 2001 | 12.0% | $3.03 Billion | $25.20 Billion | $22.16 Billion | ▼ -9.3 pp |
| 2000 | 21.3% | $5.19 Billion | $24.36 Billion | $19.16 Billion | ▼ -3.3 pp |
| 1999 | 24.6% | $5.15 Billion | $20.96 Billion | $15.81 Billion | ▲ +6.9 pp |
| 1998 | 17.7% | $3.28 Billion | $18.56 Billion | $15.28 Billion | ▲ +2.9 pp |
| 1997 | 14.8% | $2.34 Billion | $15.80 Billion | $13.47 Billion | ▲ +6.7 pp |
| 1996 | 8.1% | $1.03 Billion | $12.68 Billion | $11.65 Billion | ▲ +9.6 pp |
| 1995 | -1.5% | $-180.00 Million | $11.64 Billion | $11.82 Billion | ▲ +0.7 pp |
| 1994 | -2.3% | $-267.00 Million | $11.76 Billion | $12.03 Billion | ▼ -11.9 pp |
| 1993 | 9.6% | $1.24 Billion | $12.84 Billion | $11.60 Billion | ▲ +3.9 pp |
| 1992 | 5.8% | $706.00 Million | $12.26 Billion | $11.55 Billion | ▼ -10.4 pp |
| 1991 | 16.2% | $1.60 Billion | $9.88 Billion | $8.28 Billion | ▼ -4.8 pp |
| 1990 | 20.9% | $1.67 Billion | $7.98 Billion | $6.31 Billion | ▼ -0.8 pp |
| 1989 | 21.7% | $1.56 Billion | $7.21 Billion | $5.64 Billion | ▲ +3.4 pp |
| 1988 | 18.3% | $1.23 Billion | $6.70 Billion | $5.47 Billion | ▼ -16.5 pp |
| 1987 | 34.8% | $2.92 Billion | $8.39 Billion | $5.47 Billion | ▼ -0.8 pp |
| 1986 | 35.7% | $2.29 Billion | $6.43 Billion | $4.13 Billion | ▲ +15.9 pp |
| 1985 | 19.8% | $1.56 Billion | $7.87 Billion | $6.32 Billion | ▼ -12.0 pp |
| 1984 | 31.8% | $1.64 Billion | $5.16 Billion | $3.52 Billion | ▲ +4.6 pp |
| 1983 | 27.2% | $1.40 Billion | $5.13 Billion | $3.74 Billion | — |