United Airlines Holdings, Inc. UAL

Latest FY: 2025 Industrials Airlines
Market Price $125.32
Market Cap $41.02B
P/E Ratio 12.29
Quick Peer Compare (Industrials):
Revenue (FY 2025) ↑3.5% YoY
$59.07B
3-Yr CAGR: 9.5%
Net Income ↑6.5% YoY
$3.35B
Net Margin: 5.7%
Free Cash Flow ↓-33.2% YoY
$2.56B
FCF Yield: 6.23%
EPS (Diluted) ↑7.9% YoY
$10.20
Basic: $10.32
Return on Equity Efficiency
21.9%
ROA: 4.4%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (UAL)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $36,556.0M $35,942.0M $2,263.0M $6.85 $5,542.0M $2,319.0M
FY 2017 $37,736.0M +3.2% $37,093.0M $2,131.0M -5.8% $7.02 +2.5% $3,413.0M $-585.0M -125.2%
FY 2018 $41,303.0M +9.5% $40,574.0M $2,129.0M -0.1% $7.70 +9.7% $6,181.0M $2,004.0M +442.6%
FY 2019 $43,259.0M +4.7% $42,528.0M $3,009.0M +41.3% $11.58 +50.4% $6,909.0M $2,381.0M +18.8%
FY 2020 $15,355.0M -64.5% $14,292.0M $-7,069.0M -334.9% $-25.30 -318.5% $-4,133.0M $-5,860.0M -346.1%
FY 2021 $24,634.0M +60.4% $22,977.0M $-1,964.0M +72.2% $-6.10 +75.9% $2,067.0M $-40.0M +99.3%
FY 2022 $44,955.0M +82.5% $43,177.0M $737.0M +137.5% $2.23 +136.6% $6,066.0M $1,247.0M +3,217.5%
FY 2023 $53,717.0M +19.5% $51,761.0M $2,618.0M +255.2% $7.89 +253.8% $6,911.0M $-260.0M -120.9%
FY 2024 $57,063.0M +6.2% $55,434.0M $3,149.0M +20.3% $9.45 +19.8% $9,445.0M $3,830.0M +1,573.1%
FY 2025 $59,070.0M +3.5% $57,697.0M $3,353.0M +6.5% $10.20 +7.9% $8,431.0M $2,557.0M -33.2%
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Valuation

Market Price $125.32
Market Cap $41.02B
Enterprise Value $56.34B
P/E Ratio 12.29
P/B Ratio 2.66
FCF Yield 6.23%
Dividend Yield N/A
Shares Outstanding 324,583,800
%

Profitability & Margins

Gross Margin 97.68%
Operating Margin 7.98%
Net Margin 5.68%
Return on Equity (ROE) 21.94%
Return on Assets (ROA) 4.39%
Asset Turnover 0.77x
Revenue 3-Yr CAGR 9.53%
🛡️

Financial Health & Liquidity

Current Ratio 0.03
Cash Ratio 0.23
Debt / Equity 1.392
Debt / Assets 0.278
Cash & Equivalents $5.94B
Total Debt $21.27B
Book Value / Share $47.08
💧

Cash Flow Efficiency

Operating Cash Flow $8.43B
Capital Expenditures (CapEx) $5.87B
Free Cash Flow $2.56B
OCF / Revenue 14.27%
FCF / Revenue 4.33%
FCF 3-Yr CAGR 27.04%
🏷️

Per Share Metrics

EPS (Diluted) $10.20
EPS (Basic) $10.32
Dividends / Share N/A
Book Value / Share $47.08
EPS YoY Growth 7.94%
🏛️

Balance Sheet (FY 2025)

Total Assets $76.45B
Total Liabilities $76.45B
Stockholders' Equity $15.28B
Current Assets $671.00M
Current Liabilities $26.13B