Profit sharing for 2019
10-26-2019, 08:05 AM
#6
You look like a nail
Joined APC: May 2012
Posts: 451
Originally Posted by Sniper66
Any guess how much more than last year ?
2019 UAL Pilot Profit Sharing Analysis
10-26-2019, 08:39 AM
#7
Gets Weekends Off
Joined APC: Mar 2018
Posts: 1,005
Originally Posted by Thor
There’s an extensive breakdown in the link below with charts, graphs, and an insightful analysis.
2019 UAL Pilot Profit Sharing Analysis
2019 UAL Pilot Profit Sharing Analysis
10-26-2019, 09:38 AM
#9
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Joined APC: Sep 2010
Position: EWR 777 Captain
Posts: 1,715
2019 revenue $43.00 billion
2019 profit $3.80 billion
2018 payroll $7.774 billion
2018 PS $0.35 billion
Other Est. $0.25 billion
So now we can do the math:
Step 1: total profit plus other plus last years PS : $3.80 +.35 +.25 =$4.40 billion
Total profit is already $3.07. Assume like Q4 it’s another $.814M. Total profit est 3.884. Profit sharing is already $.368 plus assume $.082 from Q418. Total profit sharing est $.45. FY18 “Other was .927 - .334 or .593. For this reason I’d adjust your number above to read 3.884 + .45+ .593. = $4.927 billion
step 2 what is 6.9% of 43 billion : $43.00 billion x 0.069 = $2.97 billion
Already $32.371B through Q3. Add last years Q4 rev of $10.491 and 2019 FY est is $42.862B. $43 is close enough.
step 3 10% of that number is what : $2.97 x 10% = $297 million
step 4 what percentage of payroll is that : $297 million / $7774 million = 3.9%
This years operating salary is 5.4% higher. 7774 million x 1.054= 8194 million. 3.624%
step 5 then how much at the 20% level : $4.4 billion - $2.97 billion = $1430
$4.9 billion - $2.97 billion = $1.93 B
step 6 what is 20% of that number : $1430 x 20% = $286 million
$1.93 x 20% = $386 million
step 7 what percentage of payroll is that : $286 / $7774 = 3.7%
$386 / 8194 = 4.71%
Last but not least : 3.9% + 3.7% = 7.6%
3.624% + 4.71% = 8.334%
2019 profit $3.80 billion
2018 payroll $7.774 billion
2018 PS $0.35 billion
Other Est. $0.25 billion
So now we can do the math:
Step 1: total profit plus other plus last years PS : $3.80 +.35 +.25 =$4.40 billion
Total profit is already $3.07. Assume like Q4 it’s another $.814M. Total profit est 3.884. Profit sharing is already $.368 plus assume $.082 from Q418. Total profit sharing est $.45. FY18 “Other was .927 - .334 or .593. For this reason I’d adjust your number above to read 3.884 + .45+ .593. = $4.927 billion
step 2 what is 6.9% of 43 billion : $43.00 billion x 0.069 = $2.97 billion
Already $32.371B through Q3. Add last years Q4 rev of $10.491 and 2019 FY est is $42.862B. $43 is close enough.
step 3 10% of that number is what : $2.97 x 10% = $297 million
step 4 what percentage of payroll is that : $297 million / $7774 million = 3.9%
This years operating salary is 5.4% higher. 7774 million x 1.054= 8194 million. 3.624%
step 5 then how much at the 20% level : $4.4 billion - $2.97 billion = $1430
$4.9 billion - $2.97 billion = $1.93 B
step 6 what is 20% of that number : $1430 x 20% = $286 million
$1.93 x 20% = $386 million
step 7 what percentage of payroll is that : $286 / $7774 = 3.7%
$386 / 8194 = 4.71%
Last but not least : 3.9% + 3.7% = 7.6%
3.624% + 4.71% = 8.334%
10-26-2019, 10:58 AM
#10
Gets Weekends Off
Joined APC: Jul 2011
Position: Reclining
Posts: 840
Originally Posted by Sunvox
2019 revenue $43.00 billion
2019 profit $3.80 billion
2018 payroll $7.774 billion
2018 PS $0.35 billion
Other Est. $0.25 billion
So now we can do the math:
Step 1: total profit plus other plus last years PS : $3.80 +.35 +.25 =$4.40 billion
Total profit is already $3.07. Assume like Q4 it’s another $.814M. Total profit est 3.884. Profit sharing is already $.368 plus assume $.082 from Q418. Total profit sharing est $.45. FY18 “Other was .927 - .334 or .593. For this reason I’d adjust your number above to read 3.884 + .45+ .593. = $4.927 billion
step 2 what is 6.9% of 43 billion : $43.00 billion x 0.069 = $2.97 billion
Already $32.371B through Q3. Add last years Q4 rev of $10.491 and 2019 FY est is $42.862B. $43 is close enough.
step 3 10% of that number is what : $2.97 x 10% = $297 million
step 4 what percentage of payroll is that : $297 million / $7774 million = 3.9%
This years operating salary is 5.4% higher. 7774 million x 1.054= 8194 million. 3.624%
step 5 then how much at the 20% level : $4.4 billion - $2.97 billion = $1430
$4.9 billion - $2.97 billion = $1.93 B
step 6 what is 20% of that number : $1430 x 20% = $286 million
$1.93 x 20% = $386 million
step 7 what percentage of payroll is that : $286 / $7774 = 3.7%
$386 / 8194 = 4.71%
Last but not least : 3.9% + 3.7% = 7.6%
3.624% + 4.71% = 8.334%
2019 profit $3.80 billion
2018 payroll $7.774 billion
2018 PS $0.35 billion
Other Est. $0.25 billion
So now we can do the math:
Step 1: total profit plus other plus last years PS : $3.80 +.35 +.25 =$4.40 billion
Total profit is already $3.07. Assume like Q4 it’s another $.814M. Total profit est 3.884. Profit sharing is already $.368 plus assume $.082 from Q418. Total profit sharing est $.45. FY18 “Other was .927 - .334 or .593. For this reason I’d adjust your number above to read 3.884 + .45+ .593. = $4.927 billion
step 2 what is 6.9% of 43 billion : $43.00 billion x 0.069 = $2.97 billion
Already $32.371B through Q3. Add last years Q4 rev of $10.491 and 2019 FY est is $42.862B. $43 is close enough.
step 3 10% of that number is what : $2.97 x 10% = $297 million
step 4 what percentage of payroll is that : $297 million / $7774 million = 3.9%
This years operating salary is 5.4% higher. 7774 million x 1.054= 8194 million. 3.624%
step 5 then how much at the 20% level : $4.4 billion - $2.97 billion = $1430
$4.9 billion - $2.97 billion = $1.93 B
step 6 what is 20% of that number : $1430 x 20% = $286 million
$1.93 x 20% = $386 million
step 7 what percentage of payroll is that : $286 / $7774 = 3.7%
$386 / 8194 = 4.71%
Last but not least : 3.9% + 3.7% = 7.6%
3.624% + 4.71% = 8.334%
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