← United Airlines Holdings, Inc.

	FY 2016	FY 2017	FY 2018	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Total Revenue	$36.6b	$37.7b	$41.3b	$43.3b	$15.4b	$24.6b	$45.0b	$53.7b	$57.1b	$59.1b
Operating expenses:
Other operating expenses	$5.4b	$5.7b	$5.8b	$6.3b	$3.5b	$4.4b	$6.6b	$8.1b	$9.1b	$9.9b
Operating Income (Loss)	$4.3b	$3.5b	$3.3b	$4.3b	($6.4b)	($1.0b)	$2.3b	$4.2b	$5.1b	$4.7b
Additional Financial Items
Aircraft fuel	$5.8b	$6.9b	$9.3b	$9.0b	$3.2b	$5.8b	$13.1b	$12.7b	$11.8b	$11.4b
Aircraft maintenance materials and outside repairs	$1.7b	$1.9b	$1.8b	$1.8b	$858.0m	$1.3b	$2.2b	$2.7b	$3.1b	$3.3b
Aircraft rent	$680.0m	$621.0m	$433.0m	$288.0m	$198.0m	$228.0m	$252.0m	$197.0m	$193.0m	$252.0m
Amortization of Intangible Assets	$90.0m	$79.0m	$67.0m	$60.0m	$55.0m	$49.0m	$41.0m	$37.0m	$32.0m	$28.0m
Depreciation and amortization	$2.0b	$2.1b	$2.2b	$2.3b	$2.5b	$2.5b	$2.5b	$2.7b	$2.9b	$2.9b
Gain (Loss) Related to Litigation Settlement	—	—	—	($18.0m)	—	—	—	—	—	—
Interest capitalized	$72.0m	$84.0m	$70.0m	$85.0m	$71.0m	$80.0m	$105.0m	$182.0m	$227.0m	$206.0m
Interest income	$42.0m	$57.0m	$101.0m	$133.0m	$50.0m	$36.0m	$298.0m	$827.0m	$726.0m	$611.0m
Landing fees and other rent	$2.2b	$2.2b	$2.4b	$2.5b	$2.1b	$2.4b	$2.6b	$3.1b	$3.4b	$3.8b
Miscellaneous, net	($19.0m)	$3.0m	($76.0m)	($27.0m)	($1.3b)	$40.0m	$8.0m	$96.0m	($53.0m)	$144.0m
Regional capacity purchase	$2.2b	$2.2b	$2.6b	$2.8b	$2.0b	$2.1b	$2.3b	$2.4b	$2.5b	$2.7b
Special charges	$638.0m	$176.0m	$487.0m	$246.0m	($2.6b)	($3.4b)	$140.0m	$949.0m	$112.0m	$259.0m
Unrealized gains (losses) on investments, net	—	$0	($5.0m)	$153.0m	($194.0m)	($34.0m)	$20.0m	$27.0m	($199.0m)	$4.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$3.8b	$3.0b	$2.7b	$3.9b	($8.8b)	($2.6b)	$990.0m	$3.4b	$4.2b	$4.3b
Income before income taxes	$3.8b	$3.0b	$2.7b	$3.9b	($8.8b)	($2.6b)	$990.0m	$3.4b	$4.2b	$4.3b
Net Income (Loss) Attributable to Parent	$2.3b	$2.1b	$2.1b	$3.0b	($7.1b)	($2.0b)	$737.0m	$2.6b	$3.1b	$3.4b
Net Income (Loss) Available to Common Stockholders, Basic	$2.3b	$2.1b	$2.1b	$3.0b	($7.1b)	($2.0b)	$737.0m	$2.6b	$3.1b	$3.4b
Earnings Per Share, Basic	$6.86	$7.04	$7.73	$11.63	($25.30)	($6.10)	$2.26	$7.98	$9.58	$10.32
Earnings Per Share, Diluted	$6.85	$7.02	$7.70	$11.58	($25.30)	($6.10)	$2.23	$7.89	$9.45	$10.20
Weighted Average Number of Shares Outstanding, Basic	329.9m	302.7m	275.5m	258.8m	279.4m	321.9m	326.4m	327.8m	328.6m	324.9m
Weighted Average Number of Shares Outstanding, Diluted	330.3m	303.6m	276.7m	259.9m	279.4m	321.9m	330.1m	331.9m	333.2m	328.5m
Current Income Tax Expense (Benefit)	($92.0m)	($77.0m)	$14.0m	$23.0m	($12.0m)	($10.0m)	$5.0m	$13.0m	$84.0m	$28.0m
Distribution expenses	$1.3b	$1.3b	$1.6b	$1.7b	$459.0m	$677.0m	$1.5b	$2.0b	$2.2b	$2.1b
Fuel Costs	$5.8b	$6.9b	$9.3b	$9.0b	$3.2b	$5.8b	$13.1b	$12.7b	$11.8b	$11.4b
Interest Expense	$614.0m	$643.0m	$729.0m	($731.0m)	($1.1b)	($1.7b)	($1.8b)	($2.0b)	($1.6b)	($1.4b)
Interest Expense (non-operating)	—	—	—	—	—	—	—	—	$1.6b	$1.4b
Labor and Related Expense	$10.3b	$11.0b	$11.5b	$12.1b	$9.5b	$9.6b	$11.5b	$14.8b	$16.7b	$17.6b
Other Cost and Expense, Operating	$5.4b	$5.7b	$5.8b	$6.3b	$3.5b	$4.4b	$6.6b	$8.1b	$9.1b	$9.9b
Other Nonoperating Income (Expense)	($19.0m)	$3.0m	($76.0m)	($27.0m)	($1.3b)	$40.0m	$8.0m	$96.0m	($53.0m)	$144.0m
Salaries and related costs	$10.3b	$11.0b	$11.5b	$12.1b	$9.5b	$9.6b	$11.5b	$14.8b	$16.7b	$17.6b
Selling Expense	$1.3b	$1.3b	$1.6b	$1.7b	$459.0m	$677.0m	$1.5b	$2.0b	$2.2b	$2.1b
Income Tax Expense (Benefit)	$1.6b	$868.0m	$529.0m	$905.0m	($1.8b)	($593.0m)	$253.0m	$769.0m	$1.0b	$953.0m
Total Income Tax Expense	$1.6b	$868.0m	$529.0m	$905.0m	($1.8b)	($593.0m)	$253.0m	$769.0m	$1.0b	$953.0m
Total nonoperating expense, net	($519.0m)	($499.0m)	($634.0m)	($387.0m)	($2.5b)	($1.5b)	($1.3b)	($824.0m)	($928.0m)	($408.0m)
Total operating expense	$32.2b	$34.2b	$38.0b	$39.0b	$21.7b	$25.7b	$42.6b	$49.5b	$52.0b	$54.4b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.