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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 23, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	36,754	31,934	13,534	12,325	14,176	12,585
Market Cap Growth	9.09%	135.95%	9.81%	-13.06%	12.64%	-43.54%
Enterprise Value	54,747	51,129	33,154	32,006	36,047	32,701
Last Close Price	113.53	97.10	41.26	37.70	43.78	43.25
PE Ratio	11.37	10.14	5.17	16.72	-	-
Forward PE	9.29	7.80	4.79	5.46	-	-
PS Ratio	0.63	0.56	0.25	0.27	0.57	0.82
PB Ratio	2.57	2.52	1.45	1.79	2.82	2.11
P/TBV Ratio	5.16	5.84	6.53	-	-	-
P/FCF Ratio	9.91	8.34	-	9.88	-	-
P/OCF Ratio	3.92	3.38	1.96	2.03	6.86	-
PEG Ratio	0.97	-	-	-	-	-
EV/Sales Ratio	0.94	0.90	0.62	0.71	1.46	2.13
EV/EBITDA Ratio	6.78	6.32	4.25	6.59	-	-
EV/EBIT Ratio	10.36	9.62	6.27	12.47	-	-
EV/FCF Ratio	14.76	13.35	-	25.67	-	-
Debt / Equity Ratio	2.19	2.65	3.94	5.41	8.16	5.69
Debt / EBITDA Ratio	2.44	2.69	3.14	4.46	34.33	-
Debt / FCF Ratio	8.44	8.78	-	29.91	-	-
Asset Turnover	0.78	0.79	0.78	0.66	0.39	0.27
Inventory Turnover	23.74	23.96	26.75	30.37	22.32	17.79
Quick Ratio	0.58	0.71	0.73	0.91	1.10	1.02
Current Ratio	0.67	0.81	0.83	1.00	1.19	1.16
Return on Equity (ROE)	25.59%	28.63%	32.28%	12.36%	-35.74%	-80.83%
Return on Assets (ROA)	4.44%	4.58%	4.78%	2.37%	-4.24%	-9.92%
Return on Capital (ROIC)	7.31%	7.20%	7.33%	3.55%	-6.30%	-15.49%
Return on Capital Employed (ROCE)	10.70%	10.50%	10.80%	5.40%	-8.70%	-19.00%
Earnings Yield	8.96%	9.86%	19.34%	5.98%	-13.85%	-56.17%
FCF Yield	10.09%	11.99%	-1.92%	10.12%	-0.28%	-46.56%
Buyback Yield / Dilution	0.92%	-0.39%	-0.55%	-2.55%	-15.21%	-7.50%

Updated Oct 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q