United Airlines Holdings UAL Free cash flow margin

Free cash flow margin at other companies

Southwest AirlinesLUV

-1.5%+0.5pp

Alaska Air GroupALK

4.2%-4.3pp

ALG

Allegiant TravelALGT

-5%+3.3pp

Frontier Group Holdings, Inc.ULCC

-3.9%—

JetBlue AirwaysJBLU

-11.4%-1.0pp

United Parcel Service, Inc.UPS

6.1%—

FAQ

What is United Airlines Holdings's free cash flow margin?

United Airlines Holdings (UAL) reported free cash flow margin of 7% in Q2 2025.

How has United Airlines Holdings's free cash flow margin changed year-over-year?

United Airlines Holdings's free cash flow margin increased by 620.8% year-over-year, from -1.3% to 7%.

What is the long-term trend for United Airlines Holdings's free cash flow margin?

Over 3 years (2020 to 2024), United Airlines Holdings's free cash flow margin has grown at a -44.0% compound annual growth rate (CAGR), from -38.2% to 6.7%.

What does free cash flow margin mean?

Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.