United Airlines Holdings, Inc. (UAL)

United Airlines Holdings Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 9, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	37,618	36,200	31,934	13,534	12,325	14,176
Market Cap Growth	11.05%	13.36%	135.95%	9.81%	-13.06%	12.64%
Enterprise Value	56,414	54,193	51,129	33,154	32,006	36,047
Last Close Price	116.20	111.82	97.10	41.26	37.70	43.78
PE Ratio	11.39	10.80	10.14	5.17	16.72	-
Forward PE	8.71	9.05	7.80	4.79	5.46	-
PS Ratio	0.65	0.61	0.56	0.25	0.27	0.57
PB Ratio	2.49	2.37	2.52	1.45	1.79	2.82
P/TBV Ratio	4.64	4.47	5.84	6.53	-	-
P/FCF Ratio	14.71	14.16	8.34	-	9.88	-
P/OCF Ratio	4.46	4.29	3.38	1.96	2.03	6.86
PEG Ratio	0.52	-	-	-	-	-
EV/Sales Ratio	0.96	0.92	0.90	0.62	0.71	1.46
EV/EBITDA Ratio	7.13	6.85	6.32	4.25	6.59	-
EV/EBIT Ratio	11.35	10.90	9.62	6.27	12.47	-
EV/FCF Ratio	22.06	21.19	13.35	-	25.67	-
Debt / Equity Ratio	2.03	2.03	2.65	3.94	5.41	8.16
Debt / EBITDA Ratio	3.52	3.52	2.69	3.14	4.46	34.33
Debt / FCF Ratio	12.14	12.14	8.78	-	29.91	-
Asset Turnover	0.79	0.79	0.79	0.78	0.66	0.39
Inventory Turnover	25.02	25.02	23.96	26.75	30.37	22.32
Quick Ratio	0.56	0.56	0.71	0.73	0.91	1.10
Current Ratio	0.65	0.65	0.81	0.83	1.00	1.19
Return on Equity (ROE)	23.99%	23.99%	28.63%	32.28%	12.36%	-35.74%
Return on Assets (ROA)	4.13%	4.13%	4.58%	4.78%	2.37%	-4.24%
Return on Invested Capital (ROIC)	11.67%	11.75%	12.65%	13.76%	6.89%	-15.50%
Return on Capital Employed (ROCE)	9.90%	9.90%	10.50%	10.80%	5.40%	-8.70%
Earnings Yield	8.91%	9.26%	9.86%	19.34%	5.98%	-13.85%
FCF Yield	6.80%	7.06%	11.99%	-1.92%	10.12%	-0.28%
Buyback Yield / Dilution	1.41%	1.41%	-0.39%	-0.55%	-2.55%	-15.21%

Updated Jan 20, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q