Overview Dividends

(UAL) United Airlines Holdings - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US9100471096

Air Transportation, Cargo Transport, Ground Handling, Maintenance Services

UAL EPS (Earnings per Share)

EPS (Earnings per Share) of UAL over the last years for every Quarter: "2020-09-30": -8.16, "2020-12-31": -7, "2021-03-31": -7.5, "2021-06-30": -3.91, "2021-09-30": -1.02, "2021-12-31": -1.6, "2022-03-31": -4.24, "2022-06-30": 1.43, "2022-09-30": 2.81, "2022-12-31": 2.46, "2023-03-31": -0.63, "2023-06-30": 5.03, "2023-09-30": 3.65, "2023-12-31": 2, "2024-03-31": -0.15, "2024-06-30": 4.14, "2024-09-30": 3.33, "2024-12-31": 3.26, "2025-03-31": 0.91, "2025-06-30": 3.87,
EPS Growth (3Y CAGR): 12.34%
EPS Trend (3Y Correlation): 13.8%

UAL Revenue

Revenue of UAL over the last years for every Quarter: 2020-09-30: 2489, 2020-12-31: 3412, 2021-03-31: 3221, 2021-06-30: 5471, 2021-09-30: 7750, 2021-12-31: 8192, 2022-03-31: 7566, 2022-06-30: 12112, 2022-09-30: 12877, 2022-12-31: 12400, 2023-03-31: 11429, 2023-06-30: 14178, 2023-09-30: 14484, 2023-12-31: 13626, 2024-03-31: 12539, 2024-06-30: 14986, 2024-09-30: 14843, 2024-12-31: 14695, 2025-03-31: 13212, 2025-06-30: 15236,
Revenue Growth (3Y CAGR): 6.31%
Revenue Trend (3Y Correlation): 61.5%

Description: UAL United Airlines Holdings

United Airlines Holdings, Inc. is a major player in the global air transportation industry, operating in multiple regions including the United States, Canada, Atlantic, Pacific, and Latin America. The company offers a range of services beyond just transporting people and cargo, including ground handling, flight training, loyalty program redemptions, and maintenance services for third-party clients.

To evaluate the companys performance, key performance indicators (KPIs) such as Revenue Passenger Kilometers (RPK), Available Seat Kilometers (ASK), and Passenger Load Factor (PLF) are crucial. These metrics help assess the airlines capacity utilization and revenue generation. Additionally, metrics like On-Time Performance, Cancellation Rate, and Customer Satisfaction scores can provide insights into the companys operational efficiency and customer experience.

From a financial perspective, United Airlines market capitalization stands at approximately $28.2 billion, with a forward Price-to-Earnings ratio of 8.91. The companys Return on Equity (RoE) is around 30.97%, indicating a relatively strong return for shareholders. To further analyze the companys financial health, other KPIs such as Debt-to-Equity ratio, Interest Coverage ratio, and Operating Margin can be examined.

To gauge the stocks potential, analyzing its support and resistance levels is essential. The current price is around $91.22, with support levels at $81.9, $72.7, and $70.6, and resistance levels at $91.6, $96.0, and $109.0. These levels can help traders identify potential entry and exit points.

UAL Stock Overview

Market Cap in USD 35,403m
Sub-Industry Passenger Airlines
IPO / Inception 2006-02-06

UAL Stock Ratings

Growth Rating 64.8%
Fundamental 69.1%
Dividend Rating 0.07%
Return 12m vs S&P 500 69.1%
Analyst Rating 4.44 of 5

UAL Dividends

Currently no dividends paid

UAL Growth Ratios

Growth Correlation 3m 92.3%
Growth Correlation 12m 23.5%
Growth Correlation 5y 45.9%
CAGR 5y 43.43%
CAGR/Max DD 3y 0.88
CAGR/Mean DD 3y 2.80
Sharpe Ratio 12m 1.51
Alpha 0.03
Beta 0.669
Volatility 41.17%
Current Volume 4916.8k
Average Volume 20d 4916.8k
Stop Loss 101.4 (-3.9%)
Signal 0.74

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (3.31b TTM) > 0 and > 6% of Revenue (6% = 3.48b TTM)
FCFTA 0.05 (>2.0%) and ΔFCFTA 5.60pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -15.06% (prev -10.52%; Δ -4.54pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.13 (>3.0%) and CFO 9.65b > Net Income 3.31b (YES >=105%, WARN >=100%)
Net Debt (23.43b) to EBITDA (7.88b) ratio: 2.98 <= 3.0 (WARN <= 3.5)
Current Ratio 0.70 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (327.2m) change vs 12m ago -2.01% (target <= -2.0% for YES)
Gross Margin 46.76% (prev 28.17%; Δ 18.59pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 77.10% (prev 75.95%; Δ 1.15pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 3.90 (EBITDA TTM 7.88b / Interest Expense TTM 1.26b) >= 6 (WARN >= 3)

Altman Z'' 0.18

(A) -0.11 = (Total Current Assets 20.26b - Total Current Liabilities 28.99b) / Total Assets 77.16b
(B) 0.11 = Retained Earnings (Balance) 8.11b / Total Assets 77.16b
(C) 0.07 = EBIT TTM 4.92b / Avg Total Assets 75.21b
(D) 0.13 = Book Value of Equity 8.26b / Total Liabilities 63.79b
Total Rating: 0.18 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 69.13

1. Piotroski 7.0pt = 2.0
2. FCF Yield 8.53% = 4.27
3. FCF Margin 6.97% = 1.74
4. Debt/Equity 2.07 = 0.67
5. Debt/Ebitda 3.51 = -2.31
6. ROIC - WACC (= 4.21)% = 5.26
7. RoE 26.42% = 2.20
8. Rev. Trend 61.51% = 4.61
9. EPS Trend 13.83% = 0.69

What is the price of UAL shares?

As of September 18, 2025, the stock is trading at USD 105.51 with a total of 4,916,800 shares traded.
Over the past week, the price has changed by -1.86%, over one month by +3.07%, over three months by +43.22% and over the past year by +100.44%.

Is United Airlines Holdings a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, United Airlines Holdings (NASDAQ:UAL) is currently (September 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 69.13 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of UAL is around 112.80 USD . This means that UAL is currently overvalued and has a potential downside of 6.91%.

Is UAL a buy, sell or hold?

United Airlines Holdings has received a consensus analysts rating of 4.44. Therefore, it is recommended to buy UAL.
  • Strong Buy: 16
  • Buy: 6
  • Hold: 2
  • Sell: 0
  • Strong Sell: 1

What are the forecasts/targets for the UAL price?

Issuer Target Up/Down from current
Wallstreet Target Price 109.5 3.8%
Analysts Target Price 109.5 3.8%
ValueRay Target Price 122 15.6%

Last update: 2025-09-13 05:05

UAL Fundamental Data Overview

Market Cap USD = 35.40b (35.40b USD * 1.0 USD.USD)
CCE Cash And Equivalents = 15.62b USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 10.9689
P/E Forward = 8.1766
P/S = 0.6105
P/B = 2.6472
P/EG = 5.6024
Beta = 1.478
Revenue TTM = 57.99b USD
EBIT TTM = 4.92b USD
EBITDA TTM = 7.88b USD
Long Term Debt = 20.89b USD (from longTermDebt, last quarter)
Short Term Debt = 6.74b USD (from shortTermDebt, last quarter)
Debt = 27.62b USD (Calculated: Short Term 6.74b + Long Term 20.89b)
Net Debt = 23.43b USD (from netDebt column, last quarter)
Enterprise Value = 47.41b USD (35.40b + Debt 27.62b - CCE 15.62b)
Interest Coverage Ratio = 3.90 (Ebit TTM 4.92b / Interest Expense TTM 1.26b)
FCF Yield = 8.53% (FCF TTM 4.04b / Enterprise Value 47.41b)
FCF Margin = 6.97% (FCF TTM 4.04b / Revenue TTM 57.99b)
Net Margin = 5.71% (Net Income TTM 3.31b / Revenue TTM 57.99b)
Gross Margin = 46.76% ((Revenue TTM 57.99b - Cost of Revenue TTM 30.87b) / Revenue TTM)
Tobins Q-Ratio = 5.74 (Enterprise Value 47.41b / Book Value Of Equity 8.26b)
Interest Expense / Debt = 1.12% (Interest Expense 310.0m / Debt 27.62b)
Taxrate = 24.45% (1.02b / 4.17b)
NOPAT = 3.71b (EBIT 4.92b * (1 - 24.45%))
Current Ratio = 0.70 (Total Current Assets 20.26b / Total Current Liabilities 28.99b)
Debt / Equity = 2.07 (Debt 27.62b / last Quarter total Stockholder Equity 13.37b)
Debt / EBITDA = 3.51 (Net Debt 23.43b / EBITDA 7.88b)
Debt / FCF = 6.83 (Debt 27.62b / FCF TTM 4.04b)
Total Stockholder Equity = 12.53b (last 4 quarters mean)
RoA = 4.29% (Net Income 3.31b, Total Assets 77.16b )
RoE = 26.42% (Net Income TTM 3.31b / Total Stockholder Equity 12.53b)
RoCE = 14.71% (Ebit 4.92b / (Equity 12.53b + L.T.Debt 20.89b))
RoIC = 9.34% (NOPAT 3.71b / Invested Capital 39.75b)
WACC = 5.14% (E(35.40b)/V(63.02b) * Re(8.48%)) + (D(27.62b)/V(63.02b) * Rd(1.12%) * (1-Tc(0.24)))
Shares Correlation 3-Years: 30.30 | Cagr: -0.06%
Discount Rate = 8.48% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 68.51% ; FCFE base≈4.04b ; Y1≈2.66b ; Y5≈1.21b
Fair Price DCF = 68.49 (DCF Value 22.17b / Shares Outstanding 323.7m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 13.83 | EPS CAGR: 12.34% | SUE: 0.22 | # QB: 0
Revenue Correlation: 61.51 | Revenue CAGR: 6.31% | SUE: N/A | # QB: None

Additional Sources for UAL Stock

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