United Airlines Holdings, Inc.

United Airlines Holdings, Inc.

UAL
United Airlines Holdings, Inc.US flagNASDAQ Global Select
121.55
USD
+2.87
- -
39.45BMarket Cap
United Airlines Holdings, Inc.
UAL
(NASDAQ Global Select)

Recent

price

121.55

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
112.68
112.8
112.24
110
104.85
100.7
116.2
131.66
153.02
172.2
49.24
76.08
137.51
163.76
174.03
182.61
186.68
Revenue per Share
1.22
2.55
-2.18
1.64
3.05
19.52
7.1
7.47
7.86
11.98
-22.67
-6.07
2.25
7.98
9.6
10.37
11.32
Basic EPS, GAAP
7.42
5.19
2.82
4.15
7.1
15.94
17.62
12.11
22.84
27.5
-13.25
6.38
18.55
21.07
28.8
26.06
29.39
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-27.54
-14.77
-16.87
-14.4
-10.46
9.2
10.9
15.86
24.89
38.69
8.43
1.94
3.88
11.69
20.99
31.21
33.14
Book Value per Share
-37.26
-22.7
-26.1
-17.17
-17.28
0.82
1.6
2.34
8.74
15.92
-4.51
-7.11
-1.2
6.32
16.67
25.04
26.86
Tangible Book Value per Share
207
329
331
348
371
376
315
287
270
251
312
324
327
328
328
323
324
Basic Weighted Avg Shares
23,325
37,110
37,152
38,279
38,901
37,864
36,558
37,784
41,303
43,259
15,355
24,634
44,955
53,717
57,063
59,070
60,465
Sales/Revenue/Turnover
7.05
6.5
3.67
4.62
7.24
14.5
13.92
10.04
9
10.51
-58.45
-17.82
5.51
9.61
9.13
8.42
8.4
Operating Margin (%)
1,079
1,547
1,522
1,689
1,679
1,819
1,977
2,096
2,165
2,288
2,488
2,485
2,456
2,671
2,928
2,939
- -
Depreciation Expense
253
840
-723
571
1,132
7,340
2,234
2,143
2,122
3,009
-7,069
-1,964
737
2,618
3,149
3,353
3,665
Net Income, GAAP
- -
0.59
- -
- -
- -
- -
40.79
29.11
19.86
23.12
- -
- -
25.56
22.7
24.45
22.13
22.01
Effective Tax Rate (%)
1.08
2.26
-1.95
1.49
2.91
19.39
6.11
5.67
5.14
6.96
-46.04
-7.97
1.64
4.87
5.52
5.68
6.06
Profit Margin (%)
-600
-397
-2,769
-3,405
-4,961
-4,586
-4,977
-5,630
-6,745
-6,744
2,075
3,530
66
-3,716
-4,431
-9,276
-8,389
Working Capital
12,470
11,424
11,232
10,924
10,524
10,400
10,740
12,699
17,715
18,311
30,046
35,732
32,857
31,916
29,713
25,979
27,970
LT Debt
1,727
1,806
481
2,984
2,396
8,966
8,659
8,734
10,042
11,531
5,960
5,029
6,896
9,324
12,675
15,282
15,876
Total Equity
14.56
15.29
- -
- -
- -
- -
14.68
12.37
11.25
11.31
- -
- -
4.21
8.93
8.52
8.36
8.57
Return on Invested Capital (%)
17.24
20.24
- -
- -
- -
- -
17.07
14.87
11.47
12.37
- -
- -
5.1
10.19
10.38
10.44
11.12
Return on Capital (%)
- -
- -
- -
- -
- -
- -
64.84
53.7
37.66
36.61
-114.49
-120.53
77.66
102.59
58.76
39.49
41.01
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
5,184
5,057
3,001
LT Borrowings
20,807
20,562
21,940
LT Finance Leases
5,331
5,417
6,030
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
324
323
325
Market Capitalization
31,433
36,300
29,822

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
18,094
16,857
19,392
Cash, Cash Equivalents & STI
13,329
12,240
14,167
Accounts Receivable, Net
2,433
2,391
2,660
Inventories
1,588
1,556
1,718
Total Current Liabilities
27,119
26,133
27,781
Payables & Accruals
8,191
8,467
8,448
ST Debt
5,184
5,057
3,001
Deferred Revenue
12,980
11,852
15,502

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.22%
22.64%
20.57%
Free Cash Flow
-3.18%
16.66%
-10.74%
Net Income, GAAP
-29.55%
14.45%
6.48%
Sales/Revenue/Turnover
12.16%
34.43%
3.52%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12,539
14,986
14,843
14,695
57,063
2025
13,212
15,236
15,225
15,396
59,070
2026
14,608
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.38
4.02
2.93
3
9.6
2025
1.18
3
2.93
3.23
10.37
2026
2.15
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
United Airlines Holdings, Inc. (UAL) operates United Airlines, the world's largest airline by revenue passenger miles, providing passenger and cargo air transportation services to more than 300 destinations across six continents through an extensive domestic and international route network. The company offers economy, premium economy (Premium Plus), business (Polaris), and first-class cabin options; United Cargo freight services utilizing dedicated freighters and belly capacity on passenger flights for temperature-controlled and high-value goods; MileagePlus loyalty program benefits including co-branded credit cards and award travel; ground handling and flight academy training; and regional connectivity via United Express partners. Headquartered in Chicago, Illinois, with major hubs at Chicago-O'Hare, Denver, Houston-Intercontinental, Newark, San Francisco, Los Angeles, and Washington Dulles, United Airlines traces its origins to 1926 through predecessor Varney Air Lines and maintains global reach as a founding member of the Star Alliance network. Recent strategic developments include a May 2025 partnership with JetBlue Airways to integrate loyalty programs and operations in the New York City area, enabling reciprocal bookings and United's return to John F. Kennedy International Airport alongside preferred slots at Newark; and an investment by United Airlines Ventures Sustainable Flight Fund in Twelve, a power-to-liquid fuels company, to advance sustainable aviation fuel (SAF) production following Twelve's Series C funding and major SAF contracts, supporting United's environmental commitments including over $1 billion in customer experience enhancements like Starlink Wi-Fi.

Company News

APIChatGPT
  • UAL Expands Starlink Wi-Fi Service to International Widebody Routes

  • United Accelerates Starlink Wi-Fi Rollout with First Widebody Transatlantic Flight

  • Nearly 30 Years Of Data Show The Best Time To Buy Airline Stocks Is Right After This Happens

  • U.S. Global Investors sees tailwind for airline stocks as oil prices slide

  • United Airlines (UAL) Laps the Stock Market: Here's Why

  • Outlook Brightens For United Airlines; Longer-Term Doubts Persist

  • Prediction market bets Fable 5 stays dark, with restoration barely a coin toss by July

  • Stock Market Today, June 15: American Airlines Group Jumps After Oil Prices Drop on U.S.-Iran Peace Agreement

  • United confirms 'Eurobusiness' economy layout on its new Airbus A321XLRs

  • Iran Ceasefire or Not, These 3 Companies Could Win

  • United Celebrates America with Custom 250th Anniversary Livery and Military Pilot Hiring Program Milestone

  • Airline Stocks Surge but They're Not the Biggest Winners in the Iran Deal Rally

  • United Airlines (UAL) Laps the Stock Market: Here's Why

  • Wall Street Cautiously Higher on Middle East, SpaceX Optimism

  • Better Returns, Lower Risk: Invesco Aerospace ETF Tops Jets ETF

  • United Airlines (UAL) Dips More Than Broader Market: What You Should Know

  • Which Airline Stock Has Dominated in 2026: Delta, United, American, or JetBlue?

  • Rolls-Royce Slammed By United Airlines

  • Fuel price shock to widen product gap between US airlines

  • Airlines find the grass isn't always greener with new engines