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.

Revenue
+17.4%
EPS
+8.28%
Free cash flow
−615.6%
Total debt
+3.81%

Quarter to September 2026, against a year earlier

110.79 4.97 −4.29%
Market cap
$35.9B
P/E
10.1×
Fwd P/E
12.2×
Dividend yield
—
F-score
7/9
Altman Z
1.37
Beneish M
−2.65
Dividend safety
n/a

United Airlines Holdings Inc (UAL) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, United Airlines Holdings Inc (UAL) trades at a EV/Sales of 0.7×. Over the past ten years it has ranged from 0.4× (May 2020) to 3.2× (June 2021); the current reading is higher than 42% of that period. That is below the Airlines industry median of 0.9× and below the Industrials sector median of 1.8×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 0.8× 2.87%
FY2024 0.8× 41.70%
FY2023 0.6× (5.08%)
FY2022 0.6× (50.80%)
FY2021 1.2× (30.94%)
FY2020 1.8× 103.48%
FY2019 0.9× (5.75%)
FY2018 0.9× 11.12%
FY2017 0.8× (2.66%)
FY2016 0.9× 15.31%

Quarterly newest first

Period EV/Sales Change
Sep 2026 0.7× (15.02%)
Jun 2026 0.9× 30.20%
Mar 2026 0.7× (20.69%)
Dec 2025 0.8× 11.92%
43 more quarters

Against its own ten years

Low 0.4× High 3.2×
Ten-year median 0.8×
Current reading's percentile 43

EV/Sales against peers

Company EV/Sales
AAL American Airlines Group Inc. compare 0.5×
ALK Alaska Air Group, Inc. compare 0.5×
UAL United Airlines Holdings Inc 0.7×
LUV Southwest Airlines Co. compare 0.8×
DAL Delta Air Lines, Inc. compare 0.9×
LTM LATAM Airlines Group S.A. compare 1.1×
SKYW SkyWest, Inc. compare 1.1×
RYAAY Ryanair Holdings PLC compare 1.5×
CPA Copa Holdings, S.A. compare 1.7×
Airlines industry median 0.9×
Industrials sector median 1.8×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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