United Airlines Holdings, Inc.
UALNasdaqAir Transportation, ScheduledFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 21, 2026Score 10/3021% below fair value
$109.24+5.00 (+4.80%)
Close on Nov 2, 2026Market cap $35.46BP/E 10.2Yield –
United Airlines Aircraft Fuel Expense as % of Total Operating Expense by Year
Aircraft Fuel Expense as % of Total Operating Expense (10-K, %) (%)
United Airlines Aircraft Fuel Expense as % of Total Operating Expense: 21.0% in FY2025, down 2.0 pts from a year earlier.
Latest, FY2025
21.0%
Period ended Dec 31, 2025
Change on a year earlier
-2.0 pts
23.0% in FY2024
History
9 years
Since FY2017
Sources
7
Documents cited below
Where the FY2025 figure comes from
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Aircraft Fuel Expense as % of Total Operating Expense (10-K, %) (%) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 21.0% | -2.0 pts | SEC 10-K (FY2025, 0000100517-26-000023) ↗ |
| FY2024 | Dec 31, 2024 | 23.0% | -3.0 pts | SEC 10-K (FY2025, 0000100517-26-000023) ↗ |
| FY2023 | Dec 31, 2023 | 26.0% | -5.0 pts | SEC 10-K (FY2025, 0000100517-26-000023) ↗ |
| FY2022 | Dec 31, 2022 | 31.0% | +9.0 pts | SEC 10-K (FY2024, 0000100517-25-000046) ↗ |
| FY2021 | Dec 31, 2021 | 22.0% | +7.0 pts | SEC 10-K (FY2023, 0000100517-24-000027) ↗ |
| FY2020 | Dec 31, 2020 | 15.0% | -8.0 pts | SEC 10-K (FY2022, 0000100517-23-000048) ↗ |
| FY2019 | Dec 31, 2019 | 23.0% | -1.0 pts | SEC 10-K (FY2021, 0000100517-22-000009) ↗ |
| FY2018 | Dec 31, 2018 | 24.0% | +4.0 pts | SEC 10-K (FY2020, 0000100517-21-000016) ↗ |
| FY2017 | Dec 31, 2017 | 20.0% | – | SEC 10-K (FY2019, 0000100517-20-000010) ↗ |
Cite this data
StockData. (2026). United Airlines Aircraft Fuel Expense as % of Total Operating Expense (%), annual FY2017–FY2025 [Data set]. Compiled from United Airlines SEC filings and investor materials. https://stockdatahq.com/stocks/ual/kpis/k10-fuel-pct-opex
See every metric in the United Airlines KPI table. Data updated Nov 3, 2026.