United Airlines Holdings Inc UAL Stock Analysis
- Nasdaq
- Stock
- Market closed · opens Monday 9:30 AM ET
$112.74 up $2.25, 2.04% at close Nov 6
Last close · Previous close $110.49
- Market cap
- At the Nov 6 close
- P/E ratio
- 10.56On last 12 months’ EPS
- Diluted EPS
- $10.68Last 12 months
- Dividend yield
- NoneLast 12 months
Price chart
$112.74up $2.25, 2.04%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$110.49Nov 5
- Volume5.08MNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume5.39MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $84.64 to $138.77; now $112.74
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
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Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
UAL beat the S&P 500 in 4 of 7 periods.
| Period | UAL and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | UAL: up 0.8% S&P 500: down 5.6% | UAL beat the S&P 500 by 6.4 percentage points Beat |
| 3M | UAL: down 12.7% S&P 500: down 4.1% | UAL trailed the S&P 500 by 8.6 percentage points Trailed |
| YTD | UAL: up 0.8% S&P 500: up 8.7% | UAL trailed the S&P 500 by 7.9 percentage points Trailed |
| 1Y | UAL: up 17.8% S&P 500: up 10.9% | UAL beat the S&P 500 by 6.9 percentage points Beat |
| Long term | ||
| 3Y | UAL: up 206.7% S&P 500: up 75.0% +45.3% vs +20.5% a year | UAL beat the S&P 500 by 131.7 percentage points Beat |
| 5Y | UAL: up 113.9% S&P 500: up 67.8% +16.4% vs +10.9% a year | UAL beat the S&P 500 by 46.1 percentage points Beat |
| 10Y | UAL: up 97.0% S&P 500: up 313.1% +7.0% vs +15.2% a year | UAL trailed the S&P 500 by 216.1 percentage points Trailed |
$10,000 invested in UAL 10 years ago (Nov 4, 2016) would be worth about $19,699 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,313.
UAL beat the S&P 500 in 4 of 7 periods.
| Period | UAL and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | UAL: up 0.8% S&P 500: down 5.6% | UAL beat the S&P 500 by 6.4 percentage points Beat |
| 3M | UAL: down 12.7% S&P 500: down 4.3% | UAL trailed the S&P 500 by 8.4 percentage points Trailed |
| YTD | UAL: up 0.8% S&P 500: up 7.8% | UAL trailed the S&P 500 by 7.0 percentage points Trailed |
| 1Y | UAL: up 17.8% S&P 500: up 9.7% | UAL beat the S&P 500 by 8.1 percentage points Beat |
| Long term | ||
| 3Y | UAL: up 206.7% S&P 500: up 68.8% +45.3% vs +19.1% a year | UAL beat the S&P 500 by 137.9 percentage points Beat |
| 5Y | UAL: up 113.9% S&P 500: up 56.9% +16.4% vs +9.4% a year | UAL beat the S&P 500 by 57.0 percentage points Beat |
| 10Y | UAL: up 97.0% S&P 500: up 252.6% +7.0% vs +13.4% a year | UAL trailed the S&P 500 by 155.6 percentage points Trailed |
$10,000 invested in UAL 10 years ago (Nov 4, 2016) would be worth about $19,699 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,257.
All-time high
$136.11
Closing high on . Now 17.2% below that record.
Split-adjusted daily closes since Feb 6, 2006.
Stock splits
UAL hasn’t split since its price history begins in 2006.
Valuation
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $62.90Bup 8.5%
- Net income
- $3.50Bup 5.6%
- Diluted EPS
- $10.68up 6.9%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Sep 30, 2024) | $14.84B | $965.00M | $2.90 |
| Q4 FY24 (Dec 31, 2024) | $14.70B | $985.00M | $2.96 |
| Q1 FY25 (Mar 31, 2025) | $13.21B | $387.00M | $1.16 |
| Q2 FY25 (Jun 30, 2025) | $15.24B | $973.00M | $2.97 |
| Q3 FY25 (Sep 30, 2025) | $15.23B | $949.00M | $2.90 |
| Q4 FY25 (Dec 31, 2025) | $15.40B | $1.04B | $3.18 |
| Q1 FY26 (Mar 31, 2026) | $14.61B | $699.00M | $2.14 |
| Q2 FY26 (Jun 30, 2026) | $17.67B | $805.00M | $2.46 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $24.63B | −$1.96B | −$6.10 |
| FY22 (Dec 31, 2022) | $44.96B | $737.00M | $2.23 |
| FY23 (Dec 31, 2023) | $53.72B | $2.62B | $7.89 |
| FY24 (Dec 31, 2024) | $57.06B | $3.15B | $9.45 |
| FY25 (Dec 31, 2025) | $59.07B | $3.35B | $10.20 |
Margins
- Gross 60.8%
- Operating 7.7%
- Net 5.6%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $2.63BLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$8.91BLast 12 months
- Capital spending$6.29BLast 12 months
- 4.2%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $75.00MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$75.00MLast 12 months
3% of free cash flow
Balance sheet
- $18.25BAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$33.67BAs of Jun 30, 2026
- Net debt$15.42BAs of Jun 30, 2026
- 0.78As of Jun 30, 2026
Current assets divided by current liabilities on the Jun 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 2.02As of Jun 30, 2026
Total debt divided by shareholders’ equity on the Jun 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 7 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✗Long-term debt fell relative to assets: not passed
- ✓Current ratio improved: passed
- ✓Share count didn’t rise: passed
- ✗Gross margin improved: not passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 22.5%Last 12 months
Over the last 12 months, United Airlines Holdings’s net income was 22.5% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 4.4%Last 12 months
Over the last 12 months, United Airlines Holdings’s net income was 4.4% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.000 |
| 2017 | $0.000 |
| 2018 | $0.000 |
| 2019 | $0.000 |
| 2020 | $0.000 |
| 2021 | $0.000 |
| 2022 | $0.000 |
| 2023 | $0.000 |
| 2024 | $0.000 |
| 2025 | $0.000 |
| 2026 (to date) | $0.000 |
Dividend details
- $0.00Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- Dividend yield0.00%Last 12 months
- $2.15Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
About United Airlines Holdings Inc
United Continental Holdings, Inc., together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. It transports people and cargo through its mainline operations, which use jet aircraft with at least 118 seats, and its regional operations. As of December 31, 2014, the company operated a fleet of 1,257 aircraft. It also sells fuel; and provides maintenance, ground handling, and catering services for third parties. The company was formerly known as UAL Corporation and changed its name to United Continental Holdings, Inc. in October 2010. United Continental Holdings, Inc. was founded in 1934 and is headquartered in Chicago, Illinois.
- Sector
- Industrials
- Industry
- Airlines
- Headquarters
- Illinois, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- Nasdaq
- Asset type
- Common stock
- Price history since
UAL news
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UAL stock FAQ
What is UAL stock’s price today?
United Airlines Holdings (UAL) traded at $112.74 at the close on , up $2.25 (2.04%) from the previous close of $110.49. Over the past 52 weeks it has traded between $84.64 and $138.77.
If you invested $1,000 in UAL 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in UAL on would be worth about $1,970 at the close on , a total return of +97.0%. The same $1,000 would be worth $2,139 if invested five years ago, $1,178 if invested one year ago, and $3,394 if invested 20 years ago. Past performance doesn’t predict future returns.
What is UAL’s P/E ratio?
UAL trades at 10.6 times its diluted earnings over the four quarters to ($10.68 per share), at the close. (How the P/E ratio works.)
How much revenue does United Airlines Holdings make?
United Airlines Holdings reported $62.9 billion of revenue over the four quarters to , up 8.5% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $17.7 billion, up 16.0% from a year earlier.
Is United Airlines Holdings profitable?
Yes. United Airlines Holdings earned $3.5 billion of net income over the four quarters to , a net margin of 5.6%, and its operating margin was 7.7% (what margins tell you).
What are UAL’s earnings per share?
UAL’s diluted earnings per share were $10.68 over the four quarters to , compared with $9.99 in the twelve months before. The latest quarter (Q2 FY26) brought $2.46 per share, against $2.97 a year earlier (how EPS works).
Does UAL pay a dividend?
United Airlines Holdings hasn’t paid a dividend in the last twelve months.
What is UAL’s 52-week high and low?
Over the past 52 weeks UAL has traded as low as $84.64 and as high as $138.77. At $112.74 at the close on , it is 18.8% below that high and 33.2% above the low.
What is UAL’s all-time high?
UAL’s highest closing price was $136.11 on , adjusted for stock splits. At $112.74 at the close on , it is 17.2% below that record.
Has UAL stock ever split?
No. UAL hasn’t split since its price history begins in 2006.
How has UAL stock performed?
Including dividends and measured to the close on , UAL has returned +0.8% so far this year and +17.8% over the past year, and +113.9% over five years (+16.4% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is United Airlines Holdings in?
United Airlines Holdings is in the Industrials sector and the Airlines industry, and is headquartered in Illinois, USA.
What exchange does UAL trade on?
United Airlines Holdings trades on the Nasdaq under the ticker symbol UAL. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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