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United Airlines Holdings, Inc. logo

United Airlines Holdings, Inc.

UAL

NASDAQIndustrialsAirlines, Airports & Air Services

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Previous close

$113.17

+$1.46 · +1.31%

Aug 21, 4:00 PM ET

UAL company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

86

Deep Value

Momentum

62

Gaining

Sentiment

65

Bullish

Risk resilience

59

Elevated Risk

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AI-generated, informational only, and not investment advice.

Company profile

Company website

United Airlines Holdings, Inc., through its various subsidiaries, delivers air travel solutions on a global scale. Its vast network extends across North America, Europe, Asia, Africa, the Pacific, the Middle East, and Latin America, facilitating the movement of both passengers and freight. The company operates these services using a combination of its primary and regional aircraft fleets. Beyond its core transportation offerings, United also provides specialized support to external clients, encompassing catering, ground handling, aviation training, and aircraft maintenance. Established in 1968, the enterprise has its principal offices in Chicago, Illinois. Notably, it adopted its current name, United Airlines Holdings, Inc., in June 2019, having previously operated as United Continental Holdings, Inc.

Industry
Airlines, Airports & Air Services
Sector
Industrials
Headquarters
US
CEO
J. Scott Kirby
Listed since
Feb 6, 2006
Employees
117,500

Market position

Day range

Current $113.17

52-week range

Current $113.17

Open
$114.5
Previous close
$111.71
Volume
3.36M
0.63× average
Average volume
5.35M
Average daily volume
Market cap
36.73B USD
Beta
1.29
Market reference 1
50-day average
$123.53
-8.38% below average
200-day average
$107.51
+5.27% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
61.66B USD
P/E (TTM)
10.56×
P/B (TTM)
2.21×
P/S (TTM)
0.58×
EV / EBITDA
8.18×
Earnings yield
9.17%
Free cash flow yield
6.99%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
65.06%
Operating margin
7.75%
Net margin
5.56%
Return on equity
21.94%
Return on assets
4.39%
Return on invested capital
6.63%

Financial health

Debt / equity
2.02×
Current ratio
0.65×
Altman Z-score
1.38
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends71%42%14%-15%Gross margin, FY2021: 2.93%Gross margin, FY2022: 23.67%Gross margin, FY2023: 28.29%Gross margin, FY2024: 34.03%Gross margin, FY2025: 64.12%Operating margin, FY2021: -4.15%Operating margin, FY2022: 5.20%Operating margin, FY2023: 7.84%Operating margin, FY2024: 8.93%Operating margin, FY2025: 7.98%Net margin, FY2021: -7.97%Net margin, FY2022: 1.64%Net margin, FY2023: 4.87%Net margin, FY2024: 5.52%Net margin, FY2025: 5.68%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 2.93%. Gross margin FY2022 23.67%. Gross margin FY2023 28.29%. Gross margin FY2024 34.03%. Gross margin FY2025 64.12%. Operating margin FY2021 -4.15%. Operating margin FY2022 5.20%. Operating margin FY2023 7.84%. Operating margin FY2024 8.93%. Operating margin FY2025 7.98%. Net margin FY2021 -7.97%. Net margin FY2022 1.64%. Net margin FY2023 4.87%. Net margin FY2024 5.52%. Net margin FY2025 5.68%.

Income trends

Revenue

59.07B USD+3.52%

Operating income

4.71B USD-7.52%

Net income

3.35B USD+6.48%
Income trends across reported periods65.17B USD40.76B USD16.35B USD−8.07B USDRevenue, FY2021: 24.63B USDRevenue, FY2022: 44.96B USDRevenue, FY2023: 53.72B USDRevenue, FY2024: 57.06B USDRevenue, FY2025: 59.07B USDOperating income, FY2021: −1.02B USDOperating income, FY2022: 2.34B USDOperating income, FY2023: 4.21B USDOperating income, FY2024: 5.1B USDOperating income, FY2025: 4.71B USDNet income, FY2021: −1.96B USDNet income, FY2022: 737M USDNet income, FY2023: 2.62B USDNet income, FY2024: 3.15B USDNet income, FY2025: 3.35B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 24.63B USD. Revenue FY2022 44.96B USD. Revenue FY2023 53.72B USD. Revenue FY2024 57.06B USD. Revenue FY2025 59.07B USD. Operating income FY2021 −1.02B USD. Operating income FY2022 2.34B USD. Operating income FY2023 4.21B USD. Operating income FY2024 5.1B USD. Operating income FY2025 4.71B USD. Net income FY2021 −1.96B USD. Net income FY2022 737M USD. Net income FY2023 2.62B USD. Net income FY2024 3.15B USD. Net income FY2025 3.35B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue59.07B USD57.06B USD53.72B USD44.96B USD24.63B USD
Cost of goods sold21.19B USD37.64B USD38.52B USD34.32B USD23.91B USD
Gross profit37.88B USD19.42B USD15.2B USD10.64B USD721M USD
Selling, general, and administrative2.11B USD2.23B USD1.98B USD1.54B USD677M USD
Operating expenses33.17B USD14.32B USD10.99B USD8.3B USD1.74B USD
Interest income610M USD726M USD827M USD298M USD36M USD
Interest expense1.22B USD1.4B USD1.77B USD1.67B USD1.58B USD
Depreciation and amortization2.94B USD2.93B USD2.67B USD2.46B USD2.49B USD
Operating income4.71B USD5.1B USD4.21B USD2.34B USD−1.02B USD
Net income3.35B USD3.15B USD2.62B USD737M USD−1.96B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+14.86%
11 comparable reports
Latest EPS result
1.99
Estimate 1.88 · Beat by 5.85%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates4.122.961.80.64Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 21, 2025: actual 3.26, estimate 2.89, surprise +12.80%, Beat. Q2 2025, reported Apr 15, 2025: actual 0.91, estimate 0.75, surprise +21.33%, Beat. Q3 2025, reported Jul 16, 2025: actual 3.87, estimate 3.81, surprise +1.57%, Beat. Q4 2025, reported Oct 15, 2025: actual 2.78, estimate 2.65, surprise +4.91%, Beat. Q1 2026, reported Jan 20, 2026: actual 3.1, estimate 2.93, surprise +5.80%, Beat. Q2 2026, reported Apr 21, 2026: actual 1.19, estimate 1.08, surprise +10.19%, Beat. Q3 2026, reported Jul 15, 2026: actual 1.99, estimate 1.88, surprise +5.85%, Beat. Q4 2026, reported Oct 21, 2026: actual —, estimate 3.18, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates18.54B16.52B14.51B12.5BQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 21, 2025: actual 14.7B USD, estimate 14.41B USD, surprise +2.01%, Beat. Q2 2025, reported Apr 15, 2025: actual 13.21B USD, estimate 13.23B USD, surprise -0.14%, Miss. Q3 2025, reported Jul 16, 2025: actual 15.24B USD, estimate 15.36B USD, surprise -0.80%, Miss. Q4 2025, reported Oct 15, 2025: actual 15.23B USD, estimate 15.33B USD, surprise -0.70%, Miss. Q1 2026, reported Jan 20, 2026: actual 15.4B USD, estimate 15.37B USD, surprise +0.15%, Beat. Q2 2026, reported Apr 21, 2026: actual 14.61B USD, estimate 14.39B USD, surprise +1.54%, Beat. Q3 2026, reported Jul 15, 2026: actual 17.67B USD, estimate 17.62B USD, surprise +0.29%, Beat. Q4 2026, reported Oct 21, 2026: actual —, estimate 17.82B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$160.89

42.17% upside
Past 12 months12-month forecastHigh $190Average $160.89Low $130

Rating distribution

47 ratings
Strong buy00%
Buy3166%
Hold1634%
Sell00%
Strong sell00%

Recent analyst actions

12 institutions

UAL news

cnbc.com

After 10 years at United, CEO Scott Kirby is thinking big about the future of his airline from JFK to AI

United Airlines CEO Scott Kirby was fired from American Airlines 10 years ago and now runs the second-most profitable carrier in the U.S. He told CNBC that he wants to expand at JFK airport and is preparing for how AI…

Read source
proactiveinvestors.com

U.S. Global Investors' Frank Holmes sees more upside for airline stocks - ICYMI

U.S. Global Investors (NASDAQ:GROW) earlier this week highlighted resilient travel demand, the return of corporate passengers and airline pricing power as factors supporting the outlook for the travel industry and…

Read source
zacks.com

United Airlines Wraps Up Phase One Expansion of Pilot Training Facility

UAL completes phase one of its Denver pilot training expansion, adding 40 CAE devices as phase two targets operation around 2030.

Read source
prnewswire.com

Disney Advertising & United Airlines Take ESPN Fantasy Football to New Heights: This Year's Televised Draft Event Includes Live Picks from 35,000 Feet on Flight Powered by Starlink Wi-Fi

ESPN host and fantasy expert Tyler Fulghum to take part in live draft on board a United flight while Field Yates, Mike Clay, Liz Loza and others draft from ESPN's broadcast studio in Bristol, Connecticut 2026 ESPN…

Read source
247wallst.com

"I Warned Them. It Will Get Much Worse." Elon Musk’s Stark Message for Delta Gains Traction

Elon Musk just publicly declared Delta's Wi-Fi strategy a slow-moving disaster, and 50,000 people agreed. But the real question is whether angry posts on X translate into something Delta's finance team actually has to…

Read source
247wallst.com

Which Airline Stock Is Dominating in 2026: United, American, or Delta?

The 2026 airline ranking tells a single story about how much of each carrier's business sits outside the seat, and Delta has won the year by a wide margin.

Read source

Corporate actions

Corporate action history

Dividend

Ex-dividend Jan 7, 2008

$2.15

Special

Record Jan 9, 2008 · Payment Jan 23, 2008

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ETFs holding UAL

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
1.25B
Weight
0.05%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard S&P 500 ETF logoVanguard S&P 500 ETFVOO
Market value
1.03B
Weight
0.06%
AUM
1.7T USD
Expense ratio
0.03%
Price / 1D
$703.71+0.39%
Vanguard Morningstar Mid-Cap ETF logoVanguard Morningstar Mid-Cap ETFVO
Market value
852.48M
Weight
0.38%
AUM
224.7B USD
Expense ratio
0.03%
Price / 1D
$82.97+0.53%
iShares Core S&P 500 ETF logoiShares Core S&P 500 ETFIVV
Market value
488.79M
Weight
0.06%
AUM
891.84B USD
Expense ratio
0.03%
Price / 1D
$769.31+0.39%
State Street SPDR S&P 500 ETF logoState Street SPDR S&P 500 ETFSPY
Market value
450.92M
Weight
0.06%
AUM
817.87B USD
Expense ratio
0.09%
Price / 1D
$765.72+0.41%
Vanguard Morningstar Value ETF logoVanguard Morningstar Value ETFVTV
Market value
375.12M
Weight
0.15%
AUM
256.5B USD
Expense ratio
0.03%
Price / 1D
$226.4+0.54%
Vanguard Morningstar Mid-Cap Value ETF logoVanguard Morningstar Mid-Cap Value ETFVOE
Market value
253.57M
Weight
0.65%
AUM
38.6B USD
Expense ratio
0.05%
Price / 1D
$208.64+0.35%
State Street Industrial Select Sector SPDR ETF logoState Street Industrial Select Sector SPDR ETFXLI
Market value
213.9M
Weight
0.64%
AUM
33.33B USD
Expense ratio
0.08%
Price / 1D
$180.25+0.27%

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