{
 "schema": "theclaudetrader.research_packet.v1",
 "generated_at": "2026-10-31T18:13:01+00:00",
 "snapshot_date": "2026-10-31",
 "about": {
  "site": "The Claude Trader",
  "what_this_is": "Evidence-first research record built from SEC XBRL, SEC Form 4 and exchange prices. Deterministic rule scores with every input linked to its source. No recommendations. fair_value_model is a labelled model estimate from SEC filings, not a price target or recommendation (method: /fair-value).",
  "publishes": "Facts and their provenance only; no holdings, targets, estimates or recommendations.",
  "how_to_answer": [
   "State the snapshot date and each score's data_as_of.",
   "Quote scores with their status: ok = complete; partial / insufficient = a test was excluded because an input was absent or older than 550 days. Repeat each warning beside the number it affects; a 'stale' warning means the input was used but is older than 120 days (price: 7 days).",
   "Cite the source URL for any number you repeat.",
   "Say what is missing; never present holdings or targets as this site's (it has none).",
   "If asked for a shortlist or portfolio: build it from the user's horizon, risk, benchmark, exclusions and limits; cite inputs, explain inclusion and thesis risks; label weights as your synthesis, distinct from these deterministic scores; no promised outperformance or invented expected returns."
  ]
 },
 "company": {
  "ticker": "UAL",
  "name": "United Airlines Holdings, Inc.",
  "legal_name": "United Airlines Holdings, Inc.",
  "cik": "0000100517",
  "exchange": "Nasdaq",
  "industry": "Air Transportation, Scheduled",
  "sic": "4512",
  "fiscal_year_end": "1231",
  "is_financial": false,
  "is_utility": false
 },
 "price": {
  "value": 104.24,
  "as_of": "2026-10-30",
  "source": "Alpaca Market Data (consolidated SIP daily bar)",
  "url": "https://docs.alpaca.markets/docs/historical-stock-data-1"
 },
 "market_cap": {
  "value": 33866989650.0,
  "as_of": "2026-10-30",
  "unit": "USD",
  "meaning": "price on the price date x latest reported point-in-time shares (see inputs.share_count_as_of)",
  "warning": null,
  "unavailable_reason": null,
  "inputs": {
   "traded_price": {
    "value": 104.24,
    "as_of": "2026-10-30",
    "unit": "USD per traded unit (share or ADS)",
    "source": "Alpaca Market Data (consolidated SIP daily bar)",
    "url": "https://docs.alpaca.markets/docs/historical-stock-data-1"
   },
   "sec_shares_outstanding": {
    "value": 324894375.0,
    "unit": "underlying shares",
    "concept": "SEC cover page 10-Q 0000100517-26-000186 (324,894,375 shares (single class on cover) (other registrants on a combined cover excluded: United Airlines, Inc. 1,000)); filing document https://www.sec.gov/Archives/edgar/data/100517/000010051726000186/ual-20260930.htm",
    "period_end": "2026-10-15",
    "accession": "0000100517-26-000186",
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000186/R1.htm"
   },
   "depositary_ratio": {
    "value": 1.0,
    "unit": "underlying shares per traded unit",
    "status": "domestic",
    "source": "10-K filer; SEC shares are the traded units",
    "evidence_url": null,
    "evidence_form": null,
    "evidence_filed": null,
    "body_snippet": null
   },
   "formula": "market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used",
   "split_adjustment": null,
   "share_count_as_of": "2026-10-15",
   "share_count_age_days_at_price_date": 15,
   "warning": null,
   "computed": "104.24 (price 2026-10-30) / 1 x 324,894,375 (shares at 2026-10-15) = 33,866,989,650"
  }
 },
 "scores": {
  "graham": {
   "score": 42.8,
   "status": "ok",
   "complete": true,
   "passes_all": false,
   "summary": "Graham Defensive: 43 of 100 (ok). Adequate size: 59.07 revenue $B \u2192 5.0/5; Current ratio: 0.75 \u2192 0.0/15; Long-term debt vs working capital: None LTD / WC \u2192 0.0/15; Positive earnings each of 10 years: 8 of 10 \u2192 12.0/15; Dividends every year for 20 years: 1 of 20 \u2192 0.75/15; EPS growth, 3-yr avg now vs 10 yrs ago: 9.72 -> 9.18 (-6%) \u2192 0.0/10; P/E on 3-year average EPS: 11.4 \u2192 15.0/15; P/B <= 1.5, or P/E x P/B <= 22.5: P/B 1.91, product 21.7 \u2192 10.0/10",
   "data_as_of": "2025-12-31",
   "history": [
    "2014",
    "2025"
   ],
   "price_as_of": "2026-10-30",
   "coverage": null,
   "verification": {
    "verified": 0,
    "mismatch": 0,
    "unverified": 22,
    "not_cross_checked": 2
   },
   "warnings": [
    "stale (warning, input still used): current-period inputs older than 120 days: Revenue; inputs older than 550 days are excluded and make the test insufficient"
   ],
   "components": [
    {
     "test": "1",
     "name": "Adequate size",
     "value": 59.07,
     "unit": "revenue $B",
     "threshold": ">= 1",
     "points": 5.0,
     "max": 5
    },
    {
     "test": "2a",
     "name": "Current ratio",
     "value": 0.75,
     "threshold": ">= 2.0",
     "points": 0.0,
     "max": 15
    },
    {
     "test": "2b",
     "name": "Long-term debt vs working capital",
     "value": null,
     "unit": "LTD / WC",
     "threshold": "<= 1.0",
     "points": 0.0,
     "max": 15,
     "note": "working capital not positive"
    },
    {
     "test": "3",
     "name": "Positive earnings each of 10 years",
     "value": "8 of 10",
     "threshold": "10 of 10",
     "points": 12.0,
     "max": 15
    },
    {
     "test": "4",
     "name": "Dividends every year for 20 years",
     "value": "1 of 20",
     "threshold": "20 of 20",
     "points": 0.75,
     "max": 15,
     "missing_years": [
      2006,
      2007,
      2009,
      2010,
      2011,
      2012,
      2013,
      2014,
      2015,
      2016,
      2017,
      2018,
      2019,
      2020,
      2021,
      2022,
      2023,
      2024,
      2025
     ],
     "cross_check": {
      "verified_years": [],
      "mismatch_years": [],
      "unverified_years": [
       2006,
       2007,
       2008,
       2009,
       2010,
       2011,
       2012,
       2013,
       2014,
       2015,
       2016,
       2017,
       2018,
       2019,
       2020,
       2021,
       2022,
       2023,
       2024,
       2025
      ]
     },
     "note": null
    },
    {
     "test": "5",
     "name": "EPS growth, 3-yr avg now vs 10 yrs ago",
     "value": "9.72 -> 9.18 (-6%)",
     "threshold": ">= +33%",
     "points": 0.0,
     "max": 10
    },
    {
     "test": "6",
     "name": "P/E on 3-year average EPS",
     "value": 11.4,
     "threshold": "<= 15",
     "points": 15.0,
     "max": 15,
     "note": null
    },
    {
     "test": "7",
     "name": "P/B <= 1.5, or P/E x P/B <= 22.5",
     "value": "P/B 1.91, product 21.7",
     "threshold": "<= 1.5 or <= 22.5",
     "points": 10.0,
     "max": 10
    }
   ],
   "rules_url": "https://theclaudetrader.com/p/graham"
  },
  "magic_formula": {
   "score": 48.8,
   "status": "ok",
   "complete": true,
   "passes_all": null,
   "summary": "Magic Formula: 49 of 100 (ok). Earnings yield (EBIT/EV): 9.56 % (rank 13); Return on capital (EBIT/(NWC+PPE)): 11.53 % (rank 175); Combined rank: 188 of 200",
   "data_as_of": "2026-03-31",
   "history": [
    null,
    null
   ],
   "price_as_of": "2026-10-30",
   "coverage": null,
   "verification": null,
   "warnings": [
    "stale (warning, input still used): current-period inputs older than 120 days: operating_income_q, operating_income_q, debt_incl_current; inputs older than 550 days are excluded and make the test insufficient"
   ],
   "components": [
    {
     "name": "Earnings yield (EBIT/EV)",
     "value": 9.56,
     "unit": "%",
     "rank": 13,
     "note": "EBIT trailing twelve months; EV = market cap + debt (24,294,000,000) - cash"
    },
    {
     "name": "Return on capital (EBIT/(NWC+PPE))",
     "value": 11.53,
     "unit": "%",
     "rank": 175,
     "note": "net working capital -6,651,000,000 used as reported"
    },
    {
     "name": "Combined rank",
     "value": 188,
     "of": 200
    }
   ],
   "rules_url": "https://theclaudetrader.com/p/magic_formula"
  },
  "momentum": {
   "score": 62.3,
   "status": "ok",
   "complete": true,
   "passes_all": null,
   "summary": "Momentum: 62 of 100 (ok). 12-1 month return: 18.8 % \u2192 32.5/50; 6 month return: 15.8 % \u2192 14.6/20; Price / 52-week high: 0.766 \u2192 11.5/15; Volatility penalty (60d annualised): 38.1 % \u2192 3.7/15",
   "data_as_of": "2026-10-30",
   "history": [
    null,
    null
   ],
   "price_as_of": "2026-10-30",
   "coverage": null,
   "verification": null,
   "warnings": [],
   "components": [
    {
     "name": "12-1 month return",
     "value": 18.8,
     "unit": "%",
     "percentile": 65.0,
     "points": 32.5,
     "max": 50
    },
    {
     "name": "6 month return",
     "value": 15.8,
     "unit": "%",
     "percentile": 72.8,
     "points": 14.6,
     "max": 20
    },
    {
     "name": "Price / 52-week high",
     "value": 0.766,
     "points": 11.5,
     "max": 15
    },
    {
     "name": "Volatility penalty (60d annualised)",
     "value": 38.1,
     "unit": "%",
     "points": 3.7,
     "max": 15
    }
   ],
   "rules_url": "https://theclaudetrader.com/p/momentum"
  },
  "insider": {
   "score": 0.0,
   "status": "ok",
   "complete": true,
   "passes_all": null,
   "summary": "Insider: 0 of 100 (ok). Open-market buy value / market cap (percentile among buyers): 0.0 bp \u2192 0.0/35; Distinct buyers: 0 \u2192 0.0/25; Buyer seniority: 0.0 \u2192 0.0/20; Recency (half-life 30d): 0.0 \u2192 0.0/10; Sales penalty (excludes 10b5-1 plan sales): 0.29 bp \u2192 -4.4/0",
   "data_as_of": "2026-10-30",
   "history": [
    null,
    null
   ],
   "price_as_of": null,
   "coverage": {
    "window_start": "2026-08-02",
    "through": "2026-10-30",
    "missing_days": 1,
    "note": "Form 4 data loaded through 2026-10-30"
   },
   "verification": null,
   "warnings": [],
   "components": [
    {
     "name": "Open-market buy value / market cap (percentile among buyers)",
     "value": 0.0,
     "unit": "bp",
     "points": 0.0,
     "max": 35
    },
    {
     "name": "Distinct buyers",
     "value": 0,
     "points": 0.0,
     "max": 25
    },
    {
     "name": "Buyer seniority",
     "value": 0.0,
     "points": 0.0,
     "max": 20
    },
    {
     "name": "Recency (half-life 30d)",
     "value": 0.0,
     "points": 0.0,
     "max": 10
    },
    {
     "name": "Sales penalty (excludes 10b5-1 plan sales)",
     "value": 0.29,
     "unit": "bp",
     "points": -4.4,
     "max": 0
    }
   ],
   "rules_url": "https://theclaudetrader.com/p/insider"
  },
  "buffett": {
   "score": 37.0,
   "status": "ok",
   "complete": true,
   "passes_all": false,
   "summary": "Buffett Quality: 37 of 100 (ok). Average return on equity (net income / year-end equity): -3.1% over 8 yrs \u2192 0.0/25; Profitable every year: 8 of 10 \u2192 12.0/15; Net income growth, 3-yr average now vs start of window: +5.0% a year \u2192 5.0/10; Borrowings / 3-yr average earnings (years to repay): 8.0 years \u2192 0.0/15; Operating margin, 5-yr average: 5.2% \u2192 0.0/10; Free cash flow / net income, 5-yr (operating cash flow minus capex): 0.93 \u2192 8.6/10; Owner-earnings yield (3-yr avg free cash flow / market cap): 6.0% \u2192 11.4/15",
   "data_as_of": "2026-06-30",
   "history": [
    "2016",
    "2025"
   ],
   "price_as_of": "2026-10-30",
   "coverage": null,
   "verification": {
    "verified": 0,
    "mismatch": 0,
    "unverified": 47,
    "not_cross_checked": 2
   },
   "warnings": [
    "stale (warning, input still used): current-period inputs older than 120 days: debt_incl_current; inputs older than 550 days are excluded and make the test insufficient"
   ],
   "components": [
    {
     "test": "1",
     "name": "Average return on equity (net income / year-end equity)",
     "value": "-3.1% over 8 yrs",
     "threshold": ">= 15%",
     "points": 0.0,
     "max": 25
    },
    {
     "test": "2",
     "name": "Profitable every year",
     "value": "8 of 10",
     "threshold": "all years",
     "points": 12.0,
     "max": 15
    },
    {
     "test": "3",
     "name": "Net income growth, 3-yr average now vs start of window",
     "value": "+5.0% a year",
     "threshold": ">= +10%",
     "points": 5.0,
     "max": 10
    },
    {
     "test": "4",
     "name": "Borrowings / 3-yr average earnings (years to repay)",
     "value": 8.0,
     "threshold": "<= 4",
     "points": 0.0,
     "max": 15,
     "unit": "years",
     "note": "LongTermDebt (incl. current maturities)"
    },
    {
     "test": "5",
     "name": "Operating margin, 5-yr average",
     "value": "5.2%",
     "threshold": ">= 20%",
     "points": 0.0,
     "max": 10
    },
    {
     "test": "6",
     "name": "Free cash flow / net income, 5-yr (operating cash flow minus capex)",
     "value": "0.93",
     "threshold": ">= 1.0",
     "points": 8.6,
     "max": 10
    },
    {
     "test": "7",
     "name": "Owner-earnings yield (3-yr avg free cash flow / market cap)",
     "value": "6.0%",
     "threshold": ">= 7%",
     "points": 11.4,
     "max": 15
    }
   ],
   "rules_url": "https://theclaudetrader.com/p/buffett"
  },
  "lynch": {
   "score": 27.0,
   "status": "ok",
   "complete": true,
   "passes_all": false,
   "summary": "Lynch GARP: 27 of 100 (ok). PEG: P/E divided by 5-yr EPS growth (in % points): None \u2192 0.0/30; EPS growth, 5-yr compound rate: None \u2192 0.0/20; P/E on latest annual EPS: 10.2 \u2192 10.0/10; Borrowings / equity: 1.37 \u2192 2.0/15; Years of the last 5 in which EPS rose: 5 of 5 \u2192 15.0/15; Net cash (cash minus borrowings) / market cap: -52.1% \u2192 0.0/10",
   "data_as_of": "2026-06-30",
   "history": [
    "2020",
    "2025"
   ],
   "price_as_of": "2026-10-30",
   "coverage": null,
   "verification": {
    "verified": 0,
    "mismatch": 0,
    "unverified": 5,
    "not_cross_checked": 1
   },
   "warnings": [
    "stale (warning, input still used): current-period inputs older than 120 days: debt_incl_current; inputs older than 550 days are excluded and make the test insufficient"
   ],
   "components": [
    {
     "test": "1",
     "name": "PEG: P/E divided by 5-yr EPS growth (in % points)",
     "value": null,
     "threshold": "<= 1.0",
     "points": 0.0,
     "max": 30,
     "note": "earnings not positive in both years, or growth not positive: PEG undefined"
    },
    {
     "test": "2",
     "name": "EPS growth, 5-yr compound rate",
     "value": null,
     "threshold": "12% to 35% a year",
     "points": 0.0,
     "max": 20,
     "note": "earnings not positive in both years"
    },
    {
     "test": "3",
     "name": "P/E on latest annual EPS",
     "value": 10.2,
     "threshold": "<= 25",
     "points": 10.0,
     "max": 10
    },
    {
     "test": "4",
     "name": "Borrowings / equity",
     "value": 1.37,
     "threshold": "<= 0.5",
     "points": 2.0,
     "max": 15,
     "note": "LongTermDebt (incl. current maturities)"
    },
    {
     "test": "5",
     "name": "Years of the last 5 in which EPS rose",
     "value": "5 of 5",
     "threshold": "5 of 5",
     "points": 15.0,
     "max": 15
    },
    {
     "test": "6",
     "name": "Net cash (cash minus borrowings) / market cap",
     "value": "-52.1%",
     "threshold": ">= +10%",
     "points": 0.0,
     "max": 10
    }
   ],
   "rules_url": "https://theclaudetrader.com/p/lynch"
  },
  "graham_enterprising": {
   "score": 30.2,
   "status": "ok",
   "complete": true,
   "passes_all": false,
   "summary": "Graham Enterprising: 30 of 100 (ok). Current ratio: 0.75 \u2192 0.0/15; Borrowings vs working capital: None \u2192 0.0/15; No earnings deficit in the last 5 years: 4 of 5 profitable \u2192 12.0/15; Pays a current dividend: no \u2192 0.0/10; EPS higher than five years earlier: -25.30 -> 10.20 \u2192 10.0/10; Price / book value per share: 1.91 \u2192 8.2/20; Price / net current asset value per share (current assets minus all liabilities): None \u2192 0.0/15",
   "data_as_of": "2026-09-30",
   "history": [
    "2020",
    "2025"
   ],
   "price_as_of": "2026-10-30",
   "coverage": null,
   "verification": {
    "verified": 0,
    "mismatch": 0,
    "unverified": 10,
    "not_cross_checked": 3
   },
   "warnings": [],
   "components": [
    {
     "test": "1",
     "name": "Current ratio",
     "value": 0.75,
     "threshold": ">= 1.5",
     "points": 0.0,
     "max": 15
    },
    {
     "test": "2",
     "name": "Borrowings vs working capital",
     "value": null,
     "threshold": "<= 1.1x",
     "points": 0.0,
     "max": 15,
     "note": "working capital not positive"
    },
    {
     "test": "3",
     "name": "No earnings deficit in the last 5 years",
     "value": "4 of 5 profitable",
     "threshold": "5 of 5",
     "points": 12.0,
     "max": 15
    },
    {
     "test": "4",
     "name": "Pays a current dividend",
     "value": "no",
     "threshold": "yes",
     "points": 0.0,
     "max": 10
    },
    {
     "test": "5",
     "name": "EPS higher than five years earlier",
     "value": "-25.30 -> 10.20",
     "threshold": "higher",
     "points": 10.0,
     "max": 10
    },
    {
     "test": "6",
     "name": "Price / book value per share",
     "value": 1.91,
     "threshold": "<= 1.2",
     "points": 8.2,
     "max": 20,
     "note": "book value used because intangibles are not separated in the dataset (Graham uses net tangible assets)"
    },
    {
     "test": "7",
     "name": "Price / net current asset value per share (current assets minus all liabilities)",
     "value": null,
     "threshold": "<= 0.67",
     "points": 0.0,
     "max": 15,
     "note": "net current asset value not positive"
    }
   ],
   "rules_url": "https://theclaudetrader.com/p/graham_enterprising"
  },
  "piotroski": {
   "score": 77.8,
   "status": "ok",
   "complete": true,
   "passes_all": false,
   "summary": "Piotroski F-Score: 78 of 100 (ok). Return on assets is positive: 4.4% \u2192 11.11111111111111/11.11111111111111; Operating cash flow is positive: 8,431M \u2192 11.11111111111111/11.11111111111111; Return on assets improved on the prior year: 4.3% -> 4.4% \u2192 11.11111111111111/11.11111111111111; Operating cash flow exceeds net income (accruals): 8,431M vs 3,353M \u2192 11.11111111111111/11.11111111111111; Long-term debt / assets fell: 29.3% -> 22.5% \u2192 11.11111111111111/11.11111111111111; Current ratio improved: 0.81 -> 0.65 \u2192 0.0/11.11111111111111; No new shares issued (share count did not rise): 324M -> 325M \u2192 11.11111111111111/11.11111111111111; Operating margin improved (stand-in for gross margin, which the dataset does not carry): 8.9% -> 8.0% \u2192 0.0/11.11111111111111; Asset turnover (revenue / assets) improved: 0.77 -> 0.77 \u2192 11.11111111111111/11.11111111111111",
   "data_as_of": null,
   "history": [
    "2024",
    "2026"
   ],
   "price_as_of": null,
   "coverage": null,
   "verification": {
    "verified": 0,
    "mismatch": 0,
    "unverified": 27,
    "not_cross_checked": 0
   },
   "warnings": [],
   "components": [
    {
     "test": "1",
     "name": "Return on assets is positive",
     "value": "4.4%",
     "threshold": "pass = 1",
     "points": 11.11111111111111,
     "max": 11.11111111111111
    },
    {
     "test": "2",
     "name": "Operating cash flow is positive",
     "value": "8,431M",
     "threshold": "pass = 1",
     "points": 11.11111111111111,
     "max": 11.11111111111111
    },
    {
     "test": "3",
     "name": "Return on assets improved on the prior year",
     "value": "4.3% -> 4.4%",
     "threshold": "pass = 1",
     "points": 11.11111111111111,
     "max": 11.11111111111111
    },
    {
     "test": "4",
     "name": "Operating cash flow exceeds net income (accruals)",
     "value": "8,431M vs 3,353M",
     "threshold": "pass = 1",
     "points": 11.11111111111111,
     "max": 11.11111111111111
    },
    {
     "test": "5",
     "name": "Long-term debt / assets fell",
     "value": "29.3% -> 22.5%",
     "threshold": "pass = 1",
     "points": 11.11111111111111,
     "max": 11.11111111111111
    },
    {
     "test": "6",
     "name": "Current ratio improved",
     "value": "0.81 -> 0.65",
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    "split_factor": 1.0,
    "split_basis": null
   },
   {
    "fy": 2016,
    "period_end": "2016-12-31",
    "sec_frame": "CY2016",
    "value": 6.76,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051719000009/",
    "accession": "0000100517-19-000009",
    "value_reported": 6.76,
    "split_factor": 1.0,
    "split_basis": null
   },
   {
    "fy": 2017,
    "period_end": "2017-12-31",
    "sec_frame": "CY2017",
    "value": 7.06,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051720000010/",
    "accession": "0000100517-20-000010",
    "value_reported": 7.06,
    "split_factor": 1.0,
    "split_basis": null
   },
   {
    "fy": 2018,
    "period_end": "2018-12-31",
    "sec_frame": "CY2018",
    "value": 7.67,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051721000016/",
    "accession": "0000100517-21-000016",
    "value_reported": 7.67,
    "split_factor": 1.0,
    "split_basis": null
   },
   {
    "fy": 2019,
    "period_end": "2019-12-31",
    "sec_frame": "CY2019",
    "value": 11.58,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051722000009/",
    "accession": "0000100517-22-000009",
    "value_reported": 11.58,
    "split_factor": 1.0,
    "split_basis": null
   },
   {
    "fy": 2020,
    "period_end": "2020-12-31",
    "sec_frame": "CY2020",
    "value": -25.3,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051723000048/",
    "accession": "0000100517-23-000048",
    "value_reported": -25.3,
    "split_factor": 1.0,
    "split_basis": null
   },
   {
    "fy": 2021,
    "period_end": "2021-12-31",
    "sec_frame": "CY2021",
    "value": -6.1,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051724000027/",
    "accession": "0000100517-24-000027",
    "value_reported": -6.1,
    "split_factor": 1.0,
    "split_basis": null
   },
   {
    "fy": 2022,
    "period_end": "2022-12-31",
    "sec_frame": "CY2022",
    "value": 2.23,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051725000046/",
    "accession": "0000100517-25-000046",
    "value_reported": 2.23,
    "split_factor": 1.0,
    "split_basis": null
   },
   {
    "fy": 2023,
    "period_end": "2023-12-31",
    "sec_frame": "CY2023",
    "value": 7.89,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000023/",
    "accession": "0000100517-26-000023",
    "value_reported": 7.89,
    "split_factor": 1.0,
    "split_basis": null
   },
   {
    "fy": 2024,
    "period_end": "2024-12-31",
    "sec_frame": "CY2024",
    "value": 9.45,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000023/",
    "accession": "0000100517-26-000023",
    "value_reported": 9.45,
    "split_factor": 1.0,
    "split_basis": null
   },
   {
    "fy": 2025,
    "period_end": "2025-12-31",
    "sec_frame": "CY2025",
    "value": 10.2,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000023/",
    "accession": "0000100517-26-000023",
    "value_reported": 10.2,
    "split_factor": 1.0,
    "split_basis": null
   }
  ],
  "revenue_by_fy": [
   {
    "fy": 2013,
    "period_end": "2013-12-31",
    "sec_frame": "CY2013",
    "value": 38279000000.0,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000119312516468479/",
    "accession": "0001193125-16-468479"
   },
   {
    "fy": 2014,
    "period_end": "2014-12-31",
    "sec_frame": "CY2014",
    "value": 38901000000.0,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000119312517054129/",
    "accession": "0001193125-17-054129"
   },
   {
    "fy": 2015,
    "period_end": "2015-12-31",
    "sec_frame": "CY2015",
    "value": 37864000000.0,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000119312518054235/",
    "accession": "0001193125-18-054235"
   },
   {
    "fy": 2016,
    "period_end": "2016-12-31",
    "sec_frame": "CY2016",
    "value": 36556000000.0,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000119312518054235/",
    "accession": "0001193125-18-054235"
   },
   {
    "fy": 2017,
    "period_end": "2017-12-31",
    "sec_frame": "CY2017",
    "value": 37736000000.0,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000119312518054235/",
    "accession": "0001193125-18-054235"
   },
   {
    "fy": 2018,
    "period_end": "2018-12-31",
    "sec_frame": "CY2018",
    "value": 41303000000.0,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051721000016/",
    "accession": "0000100517-21-000016"
   },
   {
    "fy": 2019,
    "period_end": "2019-12-31",
    "sec_frame": "CY2019",
    "value": 43259000000.0,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051722000009/",
    "accession": "0000100517-22-000009"
   },
   {
    "fy": 2020,
    "period_end": "2020-12-31",
    "sec_frame": "CY2020",
    "value": 15355000000.0,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051723000048/",
    "accession": "0000100517-23-000048"
   },
   {
    "fy": 2021,
    "period_end": "2021-12-31",
    "sec_frame": "CY2021",
    "value": 24634000000.0,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051724000027/",
    "accession": "0000100517-24-000027"
   },
   {
    "fy": 2022,
    "period_end": "2022-12-31",
    "sec_frame": "CY2022",
    "value": 44955000000.0,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051725000046/",
    "accession": "0000100517-25-000046"
   },
   {
    "fy": 2023,
    "period_end": "2023-12-31",
    "sec_frame": "CY2023",
    "value": 53717000000.0,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000023/",
    "accession": "0000100517-26-000023"
   },
   {
    "fy": 2024,
    "period_end": "2024-12-31",
    "sec_frame": "CY2024",
    "value": 57063000000.0,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000023/",
    "accession": "0000100517-26-000023"
   },
   {
    "fy": 2025,
    "period_end": "2025-12-31",
    "sec_frame": "CY2025",
    "value": 59070000000.0,
    "url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000023/",
    "accession": "0000100517-26-000023"
   }
  ],
  "dividend_years": [
   2008
  ]
 },
 "insider_activity": {
  "coverage_through": "2026-10-30",
  "window_start": "2026-08-02",
  "missing_days": 1,
  "recent_transactions": [
   {
    "txn_date": "2026-08-25",
    "insider_name": "Nocella Andrew P",
    "role": "officer",
    "code": "S",
    "shares": 5000.0,
    "price": 117.0,
    "value": 585000.0,
    "is_10b5_1": 0,
    "source_url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000168/"
   },
   {
    "txn_date": "2026-08-04",
    "insider_name": "Nocella Andrew P",
    "role": "officer",
    "code": "S",
    "shares": 3000.0,
    "price": 132.3,
    "value": 396900.00000000006,
    "is_10b5_1": 0,
    "source_url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000163/"
   },
   {
    "txn_date": "2026-08-03",
    "insider_name": "Leskinen Michael D.",
    "role": "CFO",
    "code": "S",
    "shares": 10000.0,
    "price": 128.19,
    "value": 1281900.0,
    "is_10b5_1": 1,
    "source_url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000164/"
   },
   {
    "txn_date": "2026-07-28",
    "insider_name": "Hart Brett J",
    "role": "Pres",
    "code": "S",
    "shares": 30108.0,
    "price": 120.72,
    "value": 3634637.76,
    "is_10b5_1": 0,
    "source_url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000157/"
   },
   {
    "txn_date": "2026-07-28",
    "insider_name": "Nocella Andrew P",
    "role": "officer",
    "code": "S",
    "shares": 4200.0,
    "price": 120.48,
    "value": 506016.0,
    "is_10b5_1": 0,
    "source_url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000159/"
   },
   {
    "txn_date": "2026-07-24",
    "insider_name": "Enqvist Torbjorn J",
    "role": "officer",
    "code": "S",
    "shares": 20000.0,
    "price": 119.91,
    "value": 2398200.0,
    "is_10b5_1": 0,
    "source_url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000160/"
   },
   {
    "txn_date": "2026-07-21",
    "insider_name": "KIRBY J SCOTT",
    "role": "CEO",
    "code": "S",
    "shares": 159321.0,
    "price": 118.05,
    "value": 18807844.05,
    "is_10b5_1": 0,
    "source_url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000142/"
   },
   {
    "txn_date": "2026-06-16",
    "insider_name": "KIRBY J SCOTT",
    "role": "CEO",
    "code": "S",
    "shares": 1078.0,
    "price": 120.74,
    "value": 130157.72,
    "is_10b5_1": 0,
    "source_url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000120/"
   },
   {
    "txn_date": "2026-06-15",
    "insider_name": "KIRBY J SCOTT",
    "role": "CEO",
    "code": "S",
    "shares": 48303.0,
    "price": 121.3,
    "value": 5859153.899999999,
    "is_10b5_1": 0,
    "source_url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000120/"
   },
   {
    "txn_date": "2026-05-26",
    "insider_name": "Gebo Kate",
    "role": "officer",
    "code": "S",
    "shares": 34669.0,
    "price": 105.41,
    "value": 3654459.29,
    "is_10b5_1": 0,
    "source_url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000117/"
   },
   {
    "txn_date": "2026-05-26",
    "insider_name": "Gebo Kate",
    "role": "officer",
    "code": "S",
    "shares": 5331.0,
    "price": 105.51,
    "value": 562473.81,
    "is_10b5_1": 0,
    "source_url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000117/"
   },
   {
    "txn_date": "2026-05-01",
    "insider_name": "Nocella Andrew P",
    "role": "officer",
    "code": "S",
    "shares": 7000.0,
    "price": 90.19,
    "value": 631330.0,
    "is_10b5_1": 0,
    "source_url": "https://www.sec.gov/Archives/edgar/data/100517/000010051726000093/"
   }
  ]
 },
 "filings_and_news": {
  "sec_filing_index": "https://www.sec.gov/edgar/browse/?CIK=0000100517",
  "sec_8k": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000100517&type=8-K",
  "sec_form4": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000100517&type=4",
  "xbrl_companyfacts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000100517.json",
  "news_items": [],
  "note": "Press releases are filed as 8-K exhibits; the 8-K link lists them with dates."
 },
 "peer_context": {
  "graham": {
   "industry": "Air Transportation, Scheduled",
   "scored_peers": 3,
   "rank": null,
   "median": null
  },
  "magic_formula": {
   "industry": "Air Transportation, Scheduled",
   "scored_peers": 2,
   "rank": null,
   "median": null
  },
  "momentum": {
   "industry": "Air Transportation, Scheduled",
   "scored_peers": 3,
   "rank": null,
   "median": null
  },
  "insider": {
   "industry": "Air Transportation, Scheduled",
   "scored_peers": 3,
   "rank": null,
   "median": null
  },
  "buffett": {
   "industry": "Air Transportation, Scheduled",
   "scored_peers": 3,
   "rank": null,
   "median": null
  },
  "lynch": {
   "industry": "Air Transportation, Scheduled",
   "scored_peers": 3,
   "rank": null,
   "median": null
  },
  "graham_enterprising": {
   "industry": "Air Transportation, Scheduled",
   "scored_peers": 3,
   "rank": null,
   "median": null
  },
  "piotroski": {
   "industry": "Air Transportation, Scheduled",
   "scored_peers": 3,
   "rank": null,
   "median": null
  }
 },
 "dossier": null,
 "external_views_link_only": {
  "morningstar": "https://www.morningstar.com/search?query=UAL",
  "finviz": "https://finviz.com/quote.ashx?t=UAL",
  "stockanalysis": "https://stockanalysis.com/stocks/ual/",
  "seeking_alpha": "https://seekingalpha.com/symbol/UAL",
  "openinsider": "http://openinsider.com/search?q=UAL",
  "google_news": "https://news.google.com/rss/search?q=UAL+stock"
 },
 "limits": [
  "News is not collected for this ticker; use the SEC 8-K and press-release links below"
 ],
 "machine_readable": {
  "stock_json": "https://theclaudetrader.com/s/UAL.json",
  "stock_md": "https://theclaudetrader.com/s/UAL.md",
  "packet": "https://theclaudetrader.com/r/UAL.json",
  "grid": "https://theclaudetrader.com/grid.json",
  "openapi": "https://theclaudetrader.com/openapi.json",
  "index": "https://theclaudetrader.com/llms.txt"
 },
 "cite_as": "The Claude Trader snapshot 2026-10-31, https://theclaudetrader.com/s/UAL; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-30.",
 "disclaimer": "Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation."
}