United Airlines Holdings Inc UAL
113.99
2.80
2.52%
as of 25 Sep
- Market cap
- $36.4B
- P/E
- 10.7×
Follow UAL
Indexes
indicate stock being part of an index,
Growth Flags
show if company had growth for consecutive years
United Airlines Holdings Inc (UAL) Gross margin
United Airlines Holdings Inc's gross margin over the twelve months to 30 June 2026 was 67.7%, down 2.9 percentage points from fiscal 2025 (70.6%). Over the past ten years it has ranged from 35.4% (fiscal 2022) to 73.3% (fiscal 2016); the current reading is higher than 82% of that period. That is above the Airlines industry median of 42.6% and above the Industrials sector median of 30.5%.
Gross margin, annual
Annual
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 70.6% | 0.95 |
| FY2024 | 69.6% | 2.73 |
| FY2023 | 66.9% | 31.47 |
| FY2022 | 35.4% | (27.16) |
| FY2021 | 62.6% | 1.98 |
| FY2020 | 60.6% | (7.97) |
| FY2019 | 68.6% | 1.80 |
| FY2018 | 66.8% | (4.02) |
| FY2017 | 70.8% | (2.52) |
| FY2016 | 73.3% | 3.58 |
Quarterly
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 61.8% | (6.85) |
| Mar 2026 | 68.6% | (2.02) |
| Dec 2025 | 70.6% | (0.07) |
| Sep 2025 | 70.7% | (0.98) |
| 42 more quarters | Free account |
Against its own ten years
Low 35.4%
High 73.3%
Ten-year median
68.6%
Current reading's percentile
82
Gross margin against peers
| Company | Gross margin |
|---|---|
| ALK Alaska Air Group, Inc. compare | 100.0% |
| UAL United Airlines Holdings Inc | 67.7% |
| CPA Copa Holdings, S.A. compare | 62.4% |
| RYAAY Ryanair Holdings PLC compare | 52.3% |
| DAL Delta Air Lines, Inc. compare | 32.8% |
| LTM LATAM Airlines Group S.A. compare | 27.0% |
| LUV Southwest Airlines Co. compare | 23.2% |
| AAL American Airlines Group Inc. compare | 21.1% |
| ZNH China Southern Airlines Company Limited compare | −0.11% |
| Airlines industry median | 42.6% |
| Industrials sector median | 30.5% |
| Market median | 46.3% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on UAL
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- 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
- 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
- The full statement