UAL Q1 2024 Earnings — United Airlines Holdings, Inc. Revenue & Financial Results | Market Cap Arena

UALUnited Airlines Holdings, Inc.

$30B

Q1 2024 Earnings

Industrials Airlines, Airports & Air Services

Income Statement

Revenue

$12.5B+9.7% YoY

Gross Profit

$2.7B21.9% margin

Operating Income

$99M0.8% margin

Net Income

-$124M-1.0% margin

EPS (Diluted)

$-0.38

QoQ Revenue Growth

-8.0%

Cash Flow

Operating Cash Flow

$2.8B

Free Cash Flow

$1.5B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$71.9B

Total Liabilities

$62.7B

Stockholders' Equity

$9.2B

Cash & Equivalents

$8.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12.5B	$11.4B	+9.7%
Gross Profit	$2.7B	$2.2B	+25.2%
Operating Income	$99M	-$43M	+330.2%
Net Income	-$124M	-$194M	+36.1%

Revenue Segments

Passenger

$11.3B97%

Cargo and Freight

$391M3%

Geographic Segments

International

$7.7B61%

Atlantic Destination

$1.8B15%

Pacific Destination

$1.6B13%

Latin America Destination

$1.4B12%