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) P/E ratio
As of 16 October 2026, United Airlines Holdings Inc (UAL) trades at a P/E ratio of 9.0×. Over the past ten years it has ranged from 0.0× (December 2022) to 25.0× (March 2023); the current reading is higher than 60% of that period. That is in line with the Airlines industry median of 9.0× and below the Industrials sector median of 24.7×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 10.9× | 6.26% |
| FY2024 | 10.3× | 99.26% |
| FY2023 | 5.2× | (69.86%) |
| FY2022 | 17.1× | — |
| FY2021 | 0.0× | — |
| FY2020 | 0.0× | — |
| FY2019 | 7.6× | (29.80%) |
| FY2018 | 10.8× | 10.65% |
| FY2017 | 9.8× | (7.06%) |
| FY2016 | 10.5× | 257.80% |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 12.7× | 54.75% |
| Mar 2026 | 8.2× | (24.87%) |
| Dec 2025 | 10.9× | 13.16% |
| Sep 2025 | 9.7× | 21.18% |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| ZNH China Southern Airlines Company Limited compare | n/m |
| AAL American Airlines Group Inc. compare | n/m |
| ALK Alaska Air Group, Inc. compare | n/m |
| RYAAY Ryanair Holdings PLC compare | 5.3× |
| LTM LATAM Airlines Group S.A. compare | 8.7× |
| CPA Copa Holdings, S.A. compare | 8.7× |
| UAL United Airlines Holdings Inc | 9.0× |
| DAL Delta Air Lines, Inc. compare | 15.0× |
| LUV Southwest Airlines Co. compare | 23.8× |
| Airlines industry median | 9.0× |
| Industrials sector median | 24.7× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)
More on UAL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- 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