United Airlines Holdings (UAL) Key Ratios
$106.28
As on 10-Sep-2026 15:38EDT
Market cap
$36,151 Mln
Revenue (TTM)
$62,902 Mln
P/E Ratio
10.4
P/B Ratio
2.1
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 20.97 | 15.99 | 8.48 | 7.32 | 33.94 |
| EBIT | -18.30 | -37.23 | 9.02 | 1.09 | 24.19 |
| Net Profit | 15.16 | -17.27 | 5.68 | 21.26 | 26.72 |
| EPS | 15.24 | -17.11 | 7.23 | 9.90 | 20.99 |
| Book Value | -- | -- | 23.33 | 30.83 | 19.58 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 9.05 | 5.82 | 8.52 | 7.79 | 9.76 |
| Net Margin
| -- | -3.17 | 5.56 | -- | -- |
| Return on equity
| 28.30 | 12.30 | 21.87 | 23.99 | 28.63 |
| Return on Capital
| 6.64 | 3.37 | -- | 7.24 | 6.82 |
| Return on Assets
| 4.19 | 2.12 | 3.20 | 4.45 | 4.34 |
| Debt to Equity (x)
| -- | -- | 1.45 | 2.03 | 2.65 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
--
|
7.24
|
6.82
|
5.86
|
1.68
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
21.87
Higher than Peers by 11.28
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
21.87
|
23.99
|
28.63
|
32.28
|
12.36
|
|
Peer Median
|
10.59
|
--
|
--
|
--
|
--
|
ROA
3.20
Higher than Peers by 2.19
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
3.20
|
4.45
|
4.34
|
3.78
|
1.09
|
|
Peer Median
|
1.01
|
--
|
--
|
--
|
--
|
EBIT Margin
8.52
Higher than Peers by 4.05
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
8.52
|
7.79
|
9.76
|
9.61
|
5.92
|
|
Peer Median
|
4.47
|
--
|
--
|
--
|
--
|
Net Margin
5.56
Higher than Peers by 3.73
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
5.56
|
5.68
|
5.52
|
4.87
|
1.63
|
|
Peer Median
|
1.83
|
--
|
--
|
--
|
--
|
Revenue Growth
8.48
Higher than Peers by 4.25
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
8.48
|
0.04
|
0.06
|
0.19
|
0.82
|
|
Peer Median
|
4.23
|
--
|
--
|
--
|
--
|
EBIT Growth
9.02
Higher than Peers by 10.30
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
9.02
|
-17.43
|
7.92
|
93.80
|
371.73
|
|
Peer Median
|
-1.29
|
--
|
--
|
--
|
--
|
Net Profit Growth
5.68
Lower than Peers by 5.77
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
5.68
|
6.48
|
20.28
|
255.22
|
137.53
|
|
Peer Median
|
11.46
|
--
|
--
|
--
|
--
|
EPS Growth
7.23
Lower than Peers by 5.94
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
7.23
|
0.09
|
0.19
|
2.54
|
1.37
|
|
Peer Median
|
13.17
|
--
|
--
|
--
|
--
|
Book Value Growth
25.08
Higher than Peers by 16.40
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
25.08
|
--
|
--
|
--
|
--
|
|
Peer Median
|
8.67
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.45
Higher than Peers by 0.43
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
1.45
|
2.03
|
2.65
|
3.94
|
5.28
|
|
Peer Median
|
1.03
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.18
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
0.18
|
0.33
|
0.31
|
0.52
|
0.52
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.78
Higher than Peers by 0.11
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
0.78
|
0.65
|
0.81
|
0.83
|
1.00
|
|
Peer Median
|
0.67
|
--
|
--
|
--
|
--
|
Quick Ratio
0.72
Higher than Peers by 0.11
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
0.72
|
0.59
|
0.74
|
0.76
|
0.95
|
|
Peer Median
|
0.61
|
--
|
--
|
--
|
--
|
Interest Coverage
4.52
Higher than Peers by 1.32
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
4.52
|
3.77
|
3.97
|
2.91
|
1.59
|
|
Peer Median
|
3.20
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
3.93
Lower than Peers by 0.00
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
3.93
|
4.05
|
3.79
|
3.53
|
4.01
|
|
Peer Median
|
3.93
|
--
|
--
|
--
|
--
|
Asset Turnover
0.58
Higher than Peers by 0.02
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
0.58
|
0.78
|
0.79
|
0.78
|
0.66
|
|
Peer Median
|
0.56
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
--
|
14.08
|
13.00
|
12.58
|
14.07
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
--
|
26.96
|
15.20
|
12.66
|
11.13
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
--
|
75.49
|
38.95
|
34.28
|
31.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
--
|
-34.46
|
-10.75
|
-9.04
|
-6.50
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
10.43
Lower than Peers by 11.67
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
10.43
|
10.91
|
10.31
|
5.22
|
16.90
|
|
Peer Median
|
22.10
|
--
|
--
|
--
|
--
|
Price / Book Value
2.11
Higher than Peers by 0.39
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
2.11
|
2.39
|
2.56
|
1.47
|
1.81
|
|
Peer Median
|
1.72
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
9.35
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
9.35
|
7.35
|
6.08
|
4.60
|
6.34
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
36,151
Higher than Peers by 35,481
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
United Airlines Holdings (UAL)
|
36,151
|
--
|
--
|
--
|
--
|
|
Peer Median
|
669
|
--
|
--
|
--
|
--
|