United Airlines Holdings Inc Tangible Net Worth Ratio
United Airlines Holdings Inc tangible net worth ratio. United Airlines Holdings Inc (UAL) has a Tangible Net Worth Ratio of 84.2% as of June 2026. This metric is calculated by deducting intangible assets ($2.65 Billion) from net assets ($16.70 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore UAL shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of United Airlines Holdings Inc (1983–2025)
Tangible net worth ratio of United Airlines Holdings Inc from 1983 to 2025. This chart shows how United Airlines Holdings Inc's Tangible Net Worth Ratio has changed across 35 annual periods from 1983 to 2025. As of June 2026, the ratio stands at 84.2%, reflecting net assets of $16.70 Billion with intangible assets of $2.65 Billion USD. Check UAL strategic asset allocation to assess the company's strategic physical and investment asset allocation.
United Airlines Holdings Inc Tangible Net Worth Ratio by Year (1983–2025)
United Airlines Holdings Inc tangible net worth ratio by year from 1983 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for United Airlines Holdings Inc from 1983 to 2025, covering 35 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see United Airlines Holdings Inc (UAL) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 82.6% | $15.28 Billion | $2.65 Billion | $76.45 Billion | ▲ +3.8 pp |
| 2024 | 78.8% | $12.68 Billion | $2.68 Billion | $74.08 Billion | ▲ +8.1 pp |
| 2023 | 70.8% | $9.32 Billion | $2.73 Billion | $71.10 Billion | ▲ +10.8 pp |
| 2022 | 59.9% | $6.90 Billion | $2.76 Billion | $67.36 Billion | ▲ +15.7 pp |
| 2021 | 44.3% | $5.03 Billion | $2.80 Billion | $68.17 Billion | ▼ -8.1 pp |
| 2020 | 52.4% | $5.96 Billion | $2.84 Billion | $59.55 Billion | ▼ -21.5 pp |
| 2019 | 73.9% | $11.53 Billion | $3.01 Billion | $52.61 Billion | ▲ +5.4 pp |
| 2018 | 68.5% | $10.04 Billion | $3.16 Billion | $49.02 Billion | ▲ +9.1 pp |
| 2017 | 59.5% | $8.73 Billion | $3.54 Billion | $42.35 Billion | ▲ +1.4 pp |
| 2016 | 58.1% | $8.66 Billion | $3.63 Billion | $40.14 Billion | ▲ +4.2 pp |
| 2015 | 53.9% | $8.97 Billion | $4.14 Billion | $40.86 Billion | ▲ +132.7 pp |
| 2014 | -78.8% | $2.40 Billion | $4.28 Billion | $36.59 Billion | ▼ -30.1 pp |
| 2013 | -48.7% | $2.98 Billion | $4.44 Billion | $36.81 Billion | ▲ +807.1 pp |
| 2012 | -855.7% | $481.00 Million | $4.60 Billion | $37.63 Billion | ▼ -692.7 pp |
| 2011 | -163.0% | $1.81 Billion | $4.75 Billion | $37.99 Billion | ▲ +21.7 pp |
| 2010 | -184.7% | $1.73 Billion | $4.92 Billion | $39.60 Billion | ▼ -166.0 pp |
| 2007 | -18.7% | $2.42 Billion | $2.87 Billion | $24.22 Billion | ▲ +22.2 pp |
| 2006 | -41.0% | $2.15 Billion | $3.03 Billion | $25.37 Billion | ▼ -108.5 pp |
| 2001 | 67.6% | $3.03 Billion | $984.00 Million | $25.20 Billion | ▼ -19.5 pp |
| 2000 | 87.1% | $5.19 Billion | $671.00 Million | $24.36 Billion | ▲ +12.6 pp |
| 1999 | 74.5% | $5.15 Billion | $1.32 Billion | $20.96 Billion | ▲ +9.1 pp |
| 1998 | 65.3% | $3.28 Billion | $1.14 Billion | $18.56 Billion | ▲ +10.3 pp |
| 1997 | 55.0% | $2.34 Billion | $1.05 Billion | $15.80 Billion | ▲ +48.8 pp |
| 1996 | 6.2% | $1.03 Billion | $962.00 Million | $12.68 Billion | ▼ -23.8 pp |
| 1993 | 30.0% | $1.24 Billion | $866.00 Million | $12.84 Billion | ▲ +58.5 pp |
| 1992 | -28.5% | $706.00 Million | $907.00 Million | $12.26 Billion | ▼ -128.5 pp |
| 1991 | 100.0% | $1.60 Billion | $0.00 | $9.88 Billion | ▲ +0.0 pp |
| 1990 | 100.0% | $1.67 Billion | $0.00 | $7.98 Billion | ▲ +0.0 pp |
| 1989 | 100.0% | $1.56 Billion | $0.00 | $7.21 Billion | ▲ +0.0 pp |
| 1988 | 100.0% | $1.23 Billion | $0.00 | $6.70 Billion | ▲ +0.0 pp |
| 1987 | 100.0% | $2.92 Billion | $0.00 | $8.39 Billion | ▲ +0.0 pp |
| 1986 | 100.0% | $2.29 Billion | $0.00 | $6.43 Billion | ▲ +0.0 pp |
| 1985 | 100.0% | $1.56 Billion | $0.00 | $7.87 Billion | ▲ +0.0 pp |
| 1984 | 100.0% | $1.64 Billion | $0.00 | $5.16 Billion | ▲ +0.0 pp |
| 1983 | 100.0% | $1.40 Billion | $0.00 | $5.13 Billion | — |