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

112.61 2.12 +1.92%
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

United Airlines Holdings Inc (UAL) Return on equity

Alert me on Return on equity

United Airlines Holdings Inc's return on equity over the twelve months to 30 September 2026 was 22.3%, down 1.7 percentage points from fiscal 2025 (24.0%). Over the past ten years it has ranged from −80.8% (fiscal 2020) to 129.2% (fiscal 2015); the current reading is higher than 45% of that period. That is above the Airlines industry median of 14.1% and above the Industrials sector median of 3.71%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 24.0% (4.64)
FY2024 28.6% (3.65)
FY2023 32.3% 19.92
FY2022 12.4% 48.10
FY2021 −35.7% 45.09
FY2020 −80.8% (108.73)
FY2019 27.9% 5.30
FY2018 22.6% (2.04)
FY2017 24.6% (0.71)
FY2016 25.4% (103.85)

Against its own ten years

Low −80.8% High 129.2%
Ten-year median 24.6%
Current reading's percentile 45

Return on equity against peers

Company Return on equity
LTM LATAM Airlines Group S.A. compare 98.5%
CPA Copa Holdings, S.A. compare 23.1%
UAL United Airlines Holdings Inc 22.3%
RYAAY Ryanair Holdings PLC compare 17.3%
DAL Delta Air Lines, Inc. compare 15.9%
SKYW SkyWest, Inc. compare 15.1%
LUV Southwest Airlines Co. compare 14.0%
AAL American Airlines Group Inc. compare 11.8%
ALK Alaska Air Group, Inc. compare −10.5%
Airlines industry median 14.1%
Industrials sector median 3.71%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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