UAL Debt/Equity Ratio - United Airlines Holdings, Inc.

Complete source-backed debt/equity ratio history.

Available history: 2009-12-31 to 2025-12-31
Data captured: 2026-09-04

Historical Debt/Equity Ratio

Date	Debt/Equity Ratio
2025-12-31	1.39
2024-12-31	1.95
2024-09-30	2.23
2024-06-30	2.51
2024-03-31	2.94
2023-12-31	3.12
2023-09-30	3.34
2023-06-30	3.93
2023-03-31	4.6
2022-12-31	4.52
2022-09-30	6.42
2022-06-30	8.12
2022-03-31	9.01
2021-12-31	6.63
2021-09-30	6.22
2021-06-30	6.97
2021-03-31	5.31
2020-12-31	4.49
2020-09-30	3.84
2020-06-30	2.2
2020-03-31	1.83
2019-12-31	1.26
2019-09-30	1.25
2019-06-30	1.38
2019-03-31	1.42
2018-12-31	1.34
2018-09-30	1.38
2018-06-30	1.54
2018-03-31	1.65
2017-12-31	1.51
2017-09-30	1.43
2017-06-30	1.37
2017-03-31	1.41
2016-12-31	1.26
2016-09-30	-13.26
2016-06-30	-14.37
2016-03-31	-13.86
2015-12-31	1.22
2015-09-30	1.31
2015-06-30	2.66
2015-03-31	3.86
2014-12-31	4.7
2014-09-30	2.93
2014-06-30	3.44
2014-03-31	4.37
2013-12-31	3.87
2013-09-30	6.46
2013-06-30	9.14
2013-03-31	119.8
2012-12-31	25.47
2012-09-30	6.18
2012-06-30	7.02
2012-03-31	7.56
2011-12-31	6.47
2011-09-30	5.22
2011-06-30	6.43
2011-03-31	7.03
2010-12-31	8.02
2010-09-30	-3.39
2010-06-30	-2.79
2009-12-31	-2.46

Annual Debt/Equity Ratio

Date	Debt/Equity Ratio
2025-12-31	1.39
2024-12-31	1.95
2023-12-31	3.12
2022-12-31	4.52
2021-12-31	6.63
2020-12-31	4.49
2019-12-31	1.26
2018-12-31	1.34
2017-12-31	1.51
2016-12-31	1.26
2015-12-31	1.22
2014-12-31	4.7
2013-12-31	3.87
2012-12-31	25.47
2011-12-31	6.47
2010-12-31	8.02
2009-12-31	-2.46