United Airlines Q4 2022 Earnings Report
Key Takeaways
United Airlines reported strong fourth-quarter and full-year 2022 financial results, exceeding adjusted operating margin guidance and achieving its 2023 pre-tax margin target ahead of schedule. The company grew operating revenue by 14% and TRASM by 26% compared to fourth quarter 2019.
Exceeded adjusted operating margin guidance in the fourth quarter, reporting a 11.1% operating margin (11.2% on an adjusted basis).
Achieved a 9.1% pre-tax margin on a GAAP basis (9.0% on an adjusted basis), reaching its 2023 target ahead of schedule.
Grew operating revenue by 14% and TRASM by 26% compared to fourth quarter 2019.
Remains confident in hitting its 2023 financial performance targets fueled by United Next progress.
United Airlines
United Airlines
United Airlines Revenue by Segment
Forward Guidance
UAL will hold a conference call to discuss fourth-quarter and full-year 2022 financial results, as well as its financial and operational outlook for first quarter 2023 and beyond, on Wednesday, January 18.
Revenue & Expenses
Visualization of income flow from segment revenue to net income