United Airlines Holdings Inc UAL
- Market cap
- $36.4B
- P/E
- 10.7×
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United Airlines Holdings Inc (UAL) Return on invested capital
United Airlines Holdings Inc's return on invested capital over the twelve months to 30 June 2026 was 11.5%, up 1.0 percentage points from fiscal 2025 (10.5%). Over the past ten years it has ranged from −18.9% (fiscal 2020) to 21.0% (fiscal 2015); the current reading is higher than 64% of that period. That is above the Airlines industry median of 3.19% and above the Industrials sector median of 2.44%.
Return on invested capital, annual
Annual
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 10.5% | (1.35) |
| FY2024 | 11.9% | 1.96 |
| FY2023 | 9.90% | 3.18 |
| FY2022 | 6.72% | 9.76 |
| FY2021 | −3.04% | 15.88 |
| FY2020 | −18.9% | (29.14) |
| FY2019 | 10.2% | 2.16 |
| FY2018 | 8.06% | (3.72) |
| FY2017 | 11.8% | (5.38) |
| FY2016 | 17.2% | (3.81) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| RYAAY Ryanair Holdings PLC compare | 22.2% |
| CPA Copa Holdings, S.A. compare | 12.4% |
| UAL United Airlines Holdings Inc | 11.5% |
| DAL Delta Air Lines, Inc. compare | 11.1% |
| LUV Southwest Airlines Co. compare | 7.04% |
| AAL American Airlines Group Inc. compare | 3.82% |
| ZNH China Southern Airlines Company Limited compare | 0.00% |
| LTM LATAM Airlines Group S.A. compare | 0.00% |
| ALK Alaska Air Group, Inc. compare | −1.94% |
| Airlines industry median | 3.19% |
| Industrials sector median | 2.44% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement