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United Airlines Holdings UAL Ratios & Valuation

Income StatementBalance SheetCash FlowRatiosSegments
QuarterlyAnnualTTM
YoYQoQ
SimplifiedDetailed
Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Operating margin8.4%+0.5pp8%-0.3pp8.3%-0.3pp8.6%-1.1pp9.7%+0.8pp
Net margin6.1%+0.4pp5.7%0.0pp5.6%-0.1pp5.7%-0.6pp6.3%+0.8pp
EBITDA margin13.3%+0.4pp13%-0.4pp13.3%-0.4pp13.7%-1.1pp14.8%+0.7pp
Returns
Return on equity25.7%+1.7pp24%-1.6pp25.6%-2.1pp27.7%-5.9pp33.6%+4.9pp
Return on assets4.7%+0.2pp4.5%0.0pp4.4%0.0pp4.4%-0.5pp4.9%+0.6pp
Return on invested capital10.7%+0.3pp10.4%0.0pp10.3%-1.0pp11.3%-1.1pp12.4%+1.6pp
Efficiency
Asset turnover0.8×0.0×0.8×0.0×0.8×0.0×0.8×0.0×0.8×0.0×
Liquidity
Current ratio0.7×+0.1×0.6×0.0×0.7×0.0×0.7×-0.1×0.8×0.0×
Quick ratio0.7×+0.1×0.6×0.0×0.7×0.0×0.7×-0.1×0.8×0.0×
Cash ratio0.3×+0.1×0.2×0.0×0.3×-0.1×0.3×0.0×0.4×0.0×
Leverage
Debt-to-equity2×+0.1×1.8×-0.4×2.2×-0.3×2.5×-0.2×2.6×+0.2×
Debt-to-assets0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×
Net debt / EBITDA2.8×0.0×2.8×-0.3×3.1×+0.2×2.9×+0.2×2.7×+0.1×
Interest coverage3.8×+0.4×3.4×0.0×3.4×0.0×3.4×-0.2×3.7×+0.5×
Valuation
Market capitalization$29.78B-17.7%$36.2B+15.9%$31.24B+21.0%$25.81B+14.2%$22.6B-29.2%
Enterprise value$52.74B-8.9%$57.91B+4.0%$55.69B+13.5%$49.06B+7.1%$45.79B-13.5%
Price / earnings8.1×-2.7×10.8×+1.3×9.5×+1.7×7.8×+1.6×6.2×-4.0×
Price / sales0.5×-0.1×0.6×+0.1×0.5×+0.1×0.4×+0.1×0.4×-0.2×
Price / book1.9×-0.5×2.4×+0.2×2.2×+0.3×1.9×+0.1×1.8×-0.7×
EV / EBITDA6.5×-1.0×7.6×+0.4×7.2×+1.0×6.2×+0.8×5.4×-1.2×
EV / sales0.9×-0.1×1×0.0×1×+0.1×0.8×+0.1×0.8×-0.1×
Earnings yield12.3%+3.0pp9.3%-1.3pp10.5%-2.3pp12.8%-3.4pp16.2%+6.3pp
PEG ratio59.5×+57.8×1.7×+1.2×0.5×-0.1×0.6×+0.4×0.2×-0.3×

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Questions, answered.

Where do United Airlines Holdings's ratios come from?
Every ratio is computed from United Airlines Holdings's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.