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EV / EBITDA at other companies

Delta Air Lines logo
Delta Air LinesDAL
+1.6×
Southwest Airlines logo
Southwest AirlinesLUV
10.8×+0.6×
Alaska Air Group logo
Alaska Air GroupALK
9.9×+0.5×
ALG
Allegiant TravelALGT
-15.2×
Frontier Group Holdings, Inc. logo
Frontier Group Holdings, Inc.ULCC
234.8×
JetBlue Airways logo
JetBlue AirwaysJBLU
70.5×+51.1×

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$39.38B+39.8%
Enterprise value$62.88B+22.3%
P/E11.3×+2.8×
P/S0.6×+0.1×

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 the most recent quarter.

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 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 4 years (2021 to 2025), United Airlines Holdings's EV / EBITDA has grown at a -25.0% compound annual growth rate (CAGR), from 24× to 7.6×.
What does EV / EBITDA mean?
Enterprise value (market cap plus total debt minus cash) at the quarter end divided by trailing-twelve-month EBITDA. A capital-structure-neutral valuation multiple.

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