United Airlines Holdings Inc UAL
- Market cap
- $36.4B
- P/E
- 10.7×
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United Airlines Holdings Inc (UAL) Price to free cash flow
As of 25 September 2026, United Airlines Holdings Inc (UAL) trades at a price to free cash flow of 14.1×. Over the past ten years it has ranged from 0.0× (September 2024) to 243× (February 2022); the current reading is higher than 84% of that period. That is above the Airlines industry median of 13.2× and below the Industrials sector median of 20.6×.
Price to free cash flow, daily
Annual
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 13.7× | 68.93% |
| FY2024 | 8.1× | — |
| FY2023 | 0.0× | — |
| FY2022 | 8.4× | (96.03%) |
| FY2021 | 210× | — |
| FY2020 | 0.0× | — |
| FY2019 | 9.4× | (14.84%) |
| FY2018 | 11.0× | — |
| FY2017 | 0.0× | — |
| FY2016 | 10.3× | 59.88% |
Quarterly
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 16.8× | 85.10% |
| Mar 2026 | 9.1× | (33.66%) |
| Dec 2025 | 13.7× | 67.16% |
| Sep 2025 | 8.2× | 31.71% |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| LUV Southwest Airlines Co. compare | n/m |
| ALK Alaska Air Group, Inc. compare | n/m |
| ZNH China Southern Airlines Company Limited compare | n/m |
| LTM LATAM Airlines Group S.A. compare | 6.9× |
| UAL United Airlines Holdings Inc | 14.1× |
| RYAAY Ryanair Holdings PLC compare | 14.5× |
| DAL Delta Air Lines, Inc. compare | 16.3× |
| CPA Copa Holdings, S.A. compare | 30.9× |
| AAL American Airlines Group Inc. compare | 32.2× |
| Airlines industry median | 13.2× |
| Industrials sector median | 20.6× |
| Market median | 14.0× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
More on UAL
- Revenue
- Net income
- EBITDA
- 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
- 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