United Airlines Holdings Inc
UAL Industrials Airlines
United Airlines Holdings Inc’s revenue for fiscal 2025 (year ended December 2025) was $59.1 billion, up 3.52% from fiscal 2024. In the quarter to June 2026, revenue grew 16.0%, EPS fell 17.2%, free cash flow fell 69.3% and total debt fell 2.27%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for five consecutive years.
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United Airlines Holdings Inc (UAL) EBITDA
United Airlines Holdings Inc's EBITDA for fiscal 2025 was $7.7B, down 5.63% from $8.2B in fiscal 2024. Over the twelve months to 30 June 2026 it was $4.9B. Over the past ten years it has ranged from −$3.8B (fiscal 2020) to $8.2B (fiscal 2024); the current reading is higher than 91% of that period. United Airlines Holdings Inc ranks 2nd of 18 Airlines companies by EBITDA.
EBITDA, annual
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Annual newest first
| Period | EBITDA | Change |
|---|---|---|
| FY2025 | $7.7B | (5.63%) |
| FY2024 | $8.2B | 16.65% |
| FY2023 | $7.0B | 46.48% |
| FY2022 | $4.8B | 193.33% |
| FY2021 | $1.6B | — |
| FY2020 | −$3.8B | — |
| FY2019 | $6.6B | 22.15% |
| FY2018 | $5.4B | (5.60%) |
| FY2017 | $5.7B | (9.60%) |
| FY2016 | $6.3B | (9.51%) |
Quarterly newest first
| Period | EBITDA | Change |
|---|---|---|
| Jun 2026 | $1.1B | 9.93% |
| Mar 2026 | $997.0M | (27.91%) |
| Dec 2025 | $1.4B | (0.79%) |
| Sep 2025 | $1.4B | 5.21% |
| 42 more quarters | Free account |
Against its own ten years
EBITDA against peers
| Company | EBITDA |
|---|---|
| DAL Delta Air Lines, Inc. compare | $5.3B |
| UAL United Airlines Holdings Inc | $4.9B |
| RYAAY Ryanair Holdings PLC compare | $4.1B |
| LUV Southwest Airlines Co. compare | $2.6B |
| LTM LATAM Airlines Group S.A. compare | $2.4B |
| AAL American Airlines Group Inc. compare | $1.0B |
| CPA Copa Holdings, S.A. compare | $772.2M |
| ALK Alaska Air Group, Inc. compare | $589.0M |
| ZNH China Southern Airlines Company Limited compare | −$168.7M |
What EBITDA is
EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.
Reported line item
More on UAL
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement