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EBITDA margin at other companies

Delta Air Lines logo
Delta Air LinesDAL
12.6%-1.0pp
Southwest Airlines logo
Southwest AirlinesLUV
8.7%+1.5pp
Alaska Air Group logo
Alaska Air GroupALK
7.1%-2.3pp
ALG
Allegiant TravelALGT
11.3%+8.6pp
Frontier Group Holdings, Inc. logo
Frontier Group Holdings, Inc.ULCC
-1.9%-4.0pp
JetBlue Airways logo
JetBlue AirwaysJBLU
1.5%-3.6pp

Other financials

Income statement

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Revenue$17.7B+16.0%
Operating income$1.1B-17.3%
Net income$805.0M-17.3%
EPS (diluted)$2.46-17.2%

Balance sheet

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Cash & equivalents$10.2B+6.7%
Total debt$33.7B+2.7%
Total equity$16.7B+24.9%
Total assets$84.6B+9.6%

Cash flow

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Operating cash flow$1.6B-27.4%
CapEx-$4.7B-464%
Free cash flow-$3.1B-431%

Valuation

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Market cap$41.91B+45.7%
Enterprise value$65.41B+25.7%
P/E12×+3.3×
P/S0.7×+0.2×

Profitability

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Operating margin7.7%-0.9pp
Net margin5.6%-0.1pp
FCF margin7%+6.0pp

Returns & leverage

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Return on equity23.3%-4.4pp
Debt / equity-0.4×
Current ratio0.8×+0.1×

Where this comes from

Calculated from United Airlines Holdings’s reported figures.

Based on trailing twelve months.

The source filing: United Airlines Holdings’s 10-Q, filed April 22, 2026. Open the filing →

Filed
Apr 22, 2026, 4:02 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000100517-26-000091

FAQ

What is United Airlines Holdings's EBITDA margin?
United Airlines Holdings (UAL) reported EBITDA margin of 13.3% in Q1 2026.
How has United Airlines Holdings's EBITDA margin changed year-over-year?
United Airlines Holdings's EBITDA margin decreased by 9.8% year-over-year, from 14.8% to 13.3%.
What is the long-term trend for United Airlines Holdings's EBITDA margin?
Over 5 years (2020 to 2025), United Airlines Holdings's EBITDA margin has grown at a -12.5% compound annual growth rate (CAGR), from -25.2% to 13%.
What does EBITDA margin mean?
EBITDA (earnings before interest, taxes, depreciation, and amortization) as a percentage of revenue, trailing twelve months. A proxy for cash operating profitability that strips out capital-structure and non-cash charges.

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