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EV / EBITDA at other companies

Delta Air Lines logo
Delta Air LinesDAL
+1.6×
Southwest Airlines logo
Southwest AirlinesLUV
8.5×-0.8×
United Parcel Service, Inc. logo
United Parcel Service, Inc.UPS
7.4×-0.3×
Uber Technologies logo
Uber TechnologiesUBER
21.6×-12.4×
Expeditors International of Washington logo
Expeditors International of WashingtonEXPD
16.1×+2.3×

Other financials

Income statement

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Revenue$14.6B+10.6%
Operating income$997.0M+64.3%
Net income$699.0M+80.6%
EPS (diluted)$2.14+84.5%

Balance sheet

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Cash & equivalents$8.0B-17.7%
Total debt$31.0B-5.9%
Total equity$15.9B+25.8%
Total assets$80.9B+6.4%

Cash flow

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Operating cash flow$4.8B+29.3%
CapEx$1.7B+35.6%
Free cash flow$3.1B+26.2%

Valuation

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Market cap$37.59B+31.7%
Enterprise value$60.55B+15.2%
P/E10.3×+2.5×
P/S0.6×+0.1×

Profitability

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Operating margin8.4%-1.3pp
Net margin6.1%-0.3pp

Returns & leverage

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Return on equity25.7%-7.8pp
Debt / equity-0.7×
Current ratio0.7×-0.1×

Where this comes from

Calculated from United Airlines Holdings’s reported figures.

Based on the most recent quarter.

The official record: United Airlines Holdings’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is United Airlines Holdings's EV / EBITDA?
United Airlines Holdings (UAL) reported EV / EBITDA of 6.5× in Q1 2026.
How has United Airlines Holdings's EV / EBITDA changed year-over-year?
United Airlines Holdings's EV / EBITDA increased by 21.9% year-over-year, from 5.4× to 6.5×.
What is the long-term trend for United Airlines Holdings's EV / EBITDA?
Over 3 years (2022 to 2025), United Airlines Holdings's EV / EBITDA has grown at a -22.8% compound annual growth rate (CAGR), from 57.1× to 26.3×.
What does EV / EBITDA mean?
What the whole business (debt included) costs relative to its operating cash earnings.
How do you interpret EV / EBITDA?
Lets you compare companies with different leverage and tax positions on a like-for-like basis — the standard multiple in M&A. Lower can mean cheaper, subject to growth and capital intensity.
How does EV / EBITDA compare across companies?
Broadly comparable across non-financial sectors; not used for banks and insurers, where EBITDA is not meaningful.