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United Airlines Holdings UAL Free cash flow yield

Free cash flow yield at other companies

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Southwest AirlinesLUV
-2.2%-0.5pp
United Parcel Service, Inc. logo
United Parcel Service, Inc.UPS
5.8%+1.4pp
Uber Technologies logo
Uber TechnologiesUBER
6.7%+1.6pp
Expeditors International of Washington logo
Expeditors International of WashingtonEXPD
4.8%+0.2pp

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+6.3%

Cash flow

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Operating cash flow$4.8B+29.4%
CapEx$1.7B+35.6%
Free cash flow$3.1B+26.2%

Valuation

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Market cap$38.4B+31.7%
Enterprise value$61.36B+15.2%
P/E10.5×+2.5×
P/S0.6×+0.1×

Profitability

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Operating margin8.4%-1.3pp
Net margin6.1%-0.3pp
FCF margin7%+6.0pp

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 trailing twelve months.

The official record: United Airlines Holdings’s 10-Q, filed July 17, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is United Airlines Holdings's free cash flow yield?
United Airlines Holdings (UAL) reported free cash flow yield of 15.7% in Q2 2025.
How has United Airlines Holdings's free cash flow yield changed year-over-year?
United Airlines Holdings's free cash flow yield increased by 436.0% year-over-year, from -4.7% to 15.7%.
What is the long-term trend for United Airlines Holdings's free cash flow yield?
Over 3 years (2020 to 2024), United Airlines Holdings's free cash flow yield has grown at a -34.6% compound annual growth rate (CAGR), from -42.8% to 12%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.