United Airlines Holdings Inc UAL

113.99 2.80 2.52% as of 25 Sep
Market cap
$36.4B
P/E
10.7×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

United Airlines Holdings Inc (UAL) Operating margin

United Airlines Holdings Inc's operating margin over the twelve months to 30 June 2026 was 7.74%, down 0.2 percentage points from fiscal 2025 (7.98%). Over the past ten years it has ranged from −41.4% (fiscal 2020) to 13.6% (fiscal 2015); the current reading is higher than 55% of that period. That is above the Airlines industry median of 4.18% and above the Industrials sector median of 5.15%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 7.98% (0.95)
FY2024 8.93% 1.09
FY2023 7.84% 2.64
FY2022 5.20% 9.35
FY2021 −4.15% 37.26
FY2020 −41.4% (51.35)
FY2019 9.94% 2.12
FY2018 7.82% (1.76)
FY2017 9.58% (2.30)
FY2016 11.9% (1.76)

Quarterly

Period Operating margin Change (points)
Jun 2026 6.20% (0.63)
Mar 2026 6.83% (2.15)
Dec 2025 8.98% (0.18)
Sep 2025 9.16% 0.46
42 more quarters

Against its own ten years

Low −41.4% High 13.6%
Ten-year median 7.98%
Current reading's percentile 55

Operating margin against peers

Company Operating margin
CPA Copa Holdings, S.A. compare 19.4%
LTM LATAM Airlines Group S.A. compare 15.0%
RYAAY Ryanair Holdings PLC compare 13.1%
DAL Delta Air Lines, Inc. compare 8.08%
UAL United Airlines Holdings Inc 7.74%
LUV Southwest Airlines Co. compare 3.46%
AAL American Airlines Group Inc. compare 1.73%
ALK Alaska Air Group, Inc. compare −1.52%
ZNH China Southern Airlines Company Limited compare −7.90%
Airlines industry median 4.18%
Industrials sector median 5.15%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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