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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%-1.3pp8%-1.0pp8.3%+0.1pp8.6%+0.1pp9.7%+1.8pp
Net margin6.1%-0.3pp5.7%+0.2pp5.6%+0.7pp5.7%+0.4pp6.3%+1.4pp
EBITDA margin13.3%-1.4pp13%-1.1pp13.3%0.0pp13.7%+0.1pp14.8%+1.9pp
Returns
Return on equity25.7%-7.8pp24%-4.6pp25.6%-1.7pp27.7%-4.5pp33.6%-0.3pp
Return on assets4.7%-0.3pp4.5%+0.1pp4.4%+0.6pp4.4%+0.4pp4.9%+1.2pp
Return on invested capital10.7%-1.8pp10.4%-0.4pp10.3%+0.2pp11.3%0.0pp12.4%+2.5pp
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×-0.2×0.7×-0.1×0.7×-0.1×0.8×0.0×
Quick ratio0.7×-0.1×0.6×-0.2×0.7×-0.1×0.7×-0.1×0.8×0.0×
Cash ratio0.3×-0.1×0.2×-0.2×0.3×-0.1×0.3×-0.1×0.4×0.0×
Leverage
Debt-to-equity2×-0.7×1.8×-0.5×2.2×-0.5×2.5×-0.6×2.6×-0.9×
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×+0.1×2.8×+0.2×3.1×+0.3×2.9×+0.2×2.7×-0.6×
Interest coverage3.8×+0.1×3.4×+0.3×3.4×+0.8×3.4×+0.8×3.7×+1.4×
Valuation
Market capitalization$29.78B+31.7%$36.2B+13.4%$31.24B+66.5%$25.81B+61.6%$22.6B+43.8%
Enterprise value$52.74B+15.2%$57.91B+9.4%$55.69B+38.1%$49.06B+34.5%$45.79B+16.5%
Price / earnings8.1×+1.9×10.8×+0.7×9.5×+2.7×7.8×+2.4×6.2×+0.3×
Price / sales0.5×+0.1×0.6×+0.1×0.5×+0.2×0.4×+0.2×0.4×+0.1×
Price / book1.9×+0.1×2.4×-0.2×2.2×+0.5×1.9×+0.4×1.8×+0.1×
EV / EBITDA6.5×+1.2×7.6×+1.0×7.2×+1.8×6.2×+1.4×5.4×-0.2×
EV / sales0.9×+0.1×1×+0.1×1×+0.2×0.8×+0.2×0.8×+0.1×
Earnings yield12.3%-3.9pp9.3%-0.6pp10.5%-4.2pp12.8%-5.6pp16.2%-0.9pp
PEG ratio59.5×+59.3×1.7×+1.2×0.5×—0.6×+0.1×0.2×0.0×

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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.