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Friday 6 November 2026 Export UAL’s income statement to Excel — free account

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

112.72 2.23 +2.02%
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
Overview Business Profile Earnings & Analysis
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United Airlines Holdings Inc (UAL) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, United Airlines Holdings Inc (UAL) trades at a P/S ratio of 0.5×. Over the past ten years it has ranged from 0.1× (May 2020) to 1.8× (June 2021); the current reading is higher than 58% of that period. That is below the Airlines industry median of 0.6× and below the Industrials sector median of 1.5×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 0.6× 9.98%
FY2024 0.6× 125.03%
FY2023 0.2× (8.03%)
FY2022 0.3× (52.77%)
FY2021 0.6× (27.31%)
FY2020 0.8× 49.34%
FY2019 0.5× (5.64%)
FY2018 0.6× 1.12%
FY2017 0.6× (15.82%)
FY2016 0.7× 15.27%

Quarterly newest first

Period P/S ratio Change
Sep 2026 0.5× (21.64%)
Jun 2026 0.7× 42.30%
Mar 2026 0.5× (19.80%)
Dec 2025 0.6× 14.91%
43 more quarters

Against its own ten years

Low 0.1× High 1.8×
Ten-year median 0.5×
Current reading's percentile 62

P/S ratio against peers

Company P/S ratio
AAL American Airlines Group Inc. compare 0.1×
ALK Alaska Air Group, Inc. compare 0.3×
UAL United Airlines Holdings Inc 0.5×
LUV Southwest Airlines Co. compare 0.7×
SKYW SkyWest, Inc. compare 0.7×
DAL Delta Air Lines, Inc. compare 0.8×
LTM LATAM Airlines Group S.A. compare 0.8×
CPA Copa Holdings, S.A. compare 1.5×
RYAAY Ryanair Holdings PLC compare 1.6×
Airlines industry median 0.6×
Industrials sector median 1.5×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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