United Airlines Holdings, Inc. — Cash Flow Charts
12 quarters of history · ending 2026-03-31 · SEC EDGAR
Source:10-K · 10-Q
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Net Debt Issuance
Cash Flow
Cash Flow by Activity
Operating Cash Flow↑+29.4% +$1.09B
$4.80B
Free Cash Flow↑+26.2% +$650M
$3.13B
Investing Cash Flow↓-29.5% -$432M
$-1.89B
Financing Cash Flow↑+33.0% +$481M
$-976M
Capex↑+35.6% +$439M
$1.67B
Stock Buybacks↓-92.3% -$322M
$27M
Debt Issued↑+19.1% +$134M
$837M
Debt Repaid↑+205.8% +$2.08B
$3.09B
D&A↑+4.0% +$29M
$756M
SBC Allocated Expense
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SBC Unrecognized Cost
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