Chicago-based United Airlines is a major US network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel, especially across the Pacific, than its large US peers.
Employees117,500IPOAug 1, 1969SIC4512HQ233 South Wacker Drive, Chicago, IL, USA, 60606
to
Financials (EUR)
Profitability
Metric
Current
Margins
Gross Margin
26.9%
Operating Margin
6.8%
EBITDA Margin
8.9%
Net Margin
5.6%
OCF Margin
14.0%
FCF Margin
3.9%
Returns on Capital
ROE
23.2%
ROA
4.4%
ROIC
4.2%
ROCE
10.8%
ROC (Greenblatt)
10.9%
3Y ROIIC
13.2%
Consistency
Years Profitable / 10Y
8
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
9.78
Forward P/E
6.98
P/E ex-NRI
11.53
Shiller P/E (CAPE)
28.51
Cash Flow Multiples
P/FCF
13.42
P/OCF
3.83
P/Owner Earnings
—
FCF Yield
7.50%
Enterprise Value Multiples
EV / EBIT
9.15
EV / Forward EBIT
5.24
EV / EBITDA
9.15
EV / Forward EBITDA
3.80
EV / Revenue
0.82
EV / Forward Revenue
0.71
Asset / Sales
P/S
0.53
P/B
2.03
P/Tangible Book
3.56
Growth-Adjusted
PEG
—
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
0.00%
Forward Dividend Yield
0.00%
3Y Dividend Growth
0.0%
Payout Ratio
0.00
5Y Yield on Cost
0.00%
Buybacks & Dilution
3Y Buyback Ratio
0.40%
Combined
Shareholder Yield
2.39%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
2.02
Gross Debt / EBITDA
6.03
Cash / Debt
0.49
Equity / Assets
0.20
Coverage
Interest Coverage
3.85
Short-Term Liquidity
Current Ratio
0.78
Quick Ratio
0.72
Cash Ratio
0.60
Composite Scores
Piotroski F-Score
7
Altman Z-Score
1.38
Split History
Date
Split
No split history found.
Ex-date
Amount
Pay date
No dividend history found.
Date
Transcript
Type
2026-05-27
United Airlines Holdings Inc at Bernstein Strategic Decisions Conference Transcript
Conference Presentations
2026-05-19
United Airlines Holdings Inc Annual Shareholders Meeting Transcript
Shareholders and Annual Meetings
2026-04-22
Q1 2026 United Airlines Holdings Inc Earnings Call Transcript
Earnings Call
2026-03-17
United Airlines Holdings Inc at JPMorgan Industrials Conference Transcript
Conference Presentations
2026-02-18
United Airlines Holdings Inc at Barclays Industrial Select Conference Transcript
Conference Presentations
2026-01-21
Q4 2025 United Airlines Holdings Inc Earnings Call Transcript
Earnings Call
2025-10-16
Q3 2025 United Airlines Holdings Inc Earnings Call Transcript
Earnings Call
2025-07-17
Q2 2025 United Airlines Holdings Inc Earnings Call Transcript
Earnings Call
2025-04-16
Q1 2025 United Airlines Holdings Inc Earnings Call Transcript
Earnings Call
2025-01-22
Q4 2024 United Airlines Holdings Inc Earnings Call Transcript
Earnings Call
10 of 57
5-Step DuPont Analysis
ROE %
23.07%
×
×
Net Margin %
5.56%
×
×
Operating Margin %
6.77%
Operating Income
€3.65B
÷
Revenue
€53.94B
×
Tax Burden
0.7811
Net Income
€3.00B
÷
Pretax Income
€3.84B
×
Interest Burden
1.0509
Pretax Income
€3.84B
÷
Operating Income
€3.65B
×
Asset Turnover
0.77
÷
Revenue
€53.94B
÷
Average Total Assets
€69.85B
Begin Total Assets
€65.73B
End Total Assets
€73.97B
×
Equity Multiplier
5.37
÷
Avg Total Assets
€69.85B
÷
Avg Stockholders Equity
€13.00B
Begin Equity
€11.39B
End Equity
€14.60B