110.38 USD
+1.81 (+1.67%)
We assign a fundamental rating of 4 out of 10 to UAL. UAL was compared to 22 industry peers in the Passenger Airlines industry. UAL has a medium profitability rating, but doesn't score so well on its financial health evaluation. UAL has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
- UAL had positive earnings in the past year.
- UAL had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: UAL reported negative net income in multiple years.
- UAL had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- UAL's Return On Assets of 4.32% is fine compared to the rest of the industry. UAL outperforms 77.27% of its industry peers.
- UAL has a Return On Equity of 23.02%. This is amongst the best in the industry. UAL outperforms 81.82% of its industry peers.
- UAL has a better Return On Invested Capital (8.02%) than 72.73% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for UAL is significantly below the industry average of 20.60%.
- The 3 year average ROIC (6.63%) for UAL is below the current ROIC(8.02%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.32% | ||
| ROE | 23.02% | ||
| ROIC | 8.02% |
ROA(3y)3.01%
ROA(5y)-1.15%
ROE(3y)21.2%
ROE(5y)-18.81%
ROIC(3y)6.63%
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 5.64%, UAL is in the better half of the industry, outperforming 77.27% of the companies in the same industry.
- In the last couple of years the Profit Margin of UAL has declined.
- UAL has a better Operating Margin (8.85%) than 72.73% of its industry peers.
- UAL's Operating Margin has declined in the last couple of years.
- UAL's Gross Margin of 64.08% is fine compared to the rest of the industry. UAL outperforms 72.73% of its industry peers.
- In the last couple of years the Gross Margin of UAL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.85% | ||
| PM (TTM) | 5.64% | ||
| GM | 64.08% |
OM growth 3YN/A
OM growth 5Y-2.78%
PM growth 3YN/A
PM growth 5Y-4.52%
GM growth 3Y6.86%
GM growth 5Y0.39%
2. Health
2.1 Basic Checks
- UAL has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- UAL has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- UAL has a debt to FCF ratio of 6.85. This is a slightly negative value and a sign of low solvency as UAL would need 6.85 years to pay back of all of its debts.
- UAL has a Debt to FCF ratio of 6.85. This is in the better half of the industry: UAL outperforms 77.27% of its industry peers.
- UAL has a Debt/Equity ratio of 1.45. This is a high value indicating a heavy dependency on external financing.
- UAL has a Debt to Equity ratio (1.45) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 6.85 | ||
| Altman-Z | N/A |
ROIC/WACC0.87
WACC9.19%
2.3 Liquidity
- UAL has a Current Ratio of 0.67. This is a bad value and indicates that UAL is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Current ratio of UAL (0.67) is better than 63.64% of its industry peers.
- UAL has a Quick Ratio of 0.67. This is a bad value and indicates that UAL is not financially healthy enough and could expect problems in meeting its short term obligations.
- UAL has a Quick ratio (0.61) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
- UAL shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.76%.
- UAL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 63.03% yearly.
EPS 1Y (TTM)0.76%
EPS 3Y63.03%
EPS 5YN/A
EPS Q2Q%-4.91%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%4.78%
3.2 Future
- The Earnings Per Share is expected to grow by 7.88% on average over the next years.
- Based on estimates for the next years, UAL will show a small growth in Revenue. The Revenue will grow by 4.00% on average per year.
EPS Next Y24.71%
EPS Next 2Y18.65%
EPS Next 3Y8.79%
EPS Next 5Y7.88%
Revenue Next Year7.5%
Revenue Next 2Y7%
Revenue Next 3Y5.01%
Revenue Next 5Y4%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 10.35 indicates a reasonable valuation of UAL.
- UAL's Price/Earnings ratio is rather cheap when compared to the industry. UAL is cheaper than 90.91% of the companies in the same industry.
- When comparing the Price/Earnings ratio of UAL to the average of the S&P500 Index (26.94), we can say UAL is valued rather cheaply.
- With a Price/Forward Earnings ratio of 8.30, the valuation of UAL can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, UAL is valued cheaper than 90.91% of the companies in the same industry.
- UAL is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.94, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.35 | ||
| Fwd PE | 8.3 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, UAL is valued cheaper than 90.91% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of UAL indicates a rather cheap valuation: UAL is cheaper than 90.91% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.63 | ||
| EV/EBITDA | 5.02 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- UAL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.42
PEG (5Y)N/A
EPS Next 2Y18.65%
EPS Next 3Y8.79%
5. Dividend
5.1 Amount
- No dividends for UAL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NASDAQ:UAL (1/21/2026, 11:28:04 AM)
110.38
+1.81 (+1.67%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)01-20 2026-01-20/amc
Earnings (Next)04-13 2026-04-13
Inst Owners91.1%
Inst Owner Change-0.22%
Ins Owners0.52%
Ins Owner Change-0.71%
Market Cap35.73B
Revenue(TTM)N/A
Net Income(TTM)3.29B
Analysts82
Price Target135.21 (22.5%)
Short Float %4%
Short Ratio2.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.55%
Min EPS beat(2)0.48%
Max EPS beat(2)4.61%
EPS beat(4)4
Avg EPS beat(4)7.92%
Min EPS beat(4)0.48%
Max EPS beat(4)19.01%
EPS beat(8)8
Avg EPS beat(8)16.41%
EPS beat(12)12
Avg EPS beat(12)16.16%
EPS beat(16)15
Avg EPS beat(16)13.37%
Revenue beat(2)0
Avg Revenue beat(2)-1.71%
Min Revenue beat(2)-1.76%
Max Revenue beat(2)-1.67%
Revenue beat(4)1
Avg Revenue beat(4)-1.05%
Min Revenue beat(4)-1.76%
Max Revenue beat(4)0.55%
Revenue beat(8)1
Avg Revenue beat(8)-0.86%
Revenue beat(12)3
Avg Revenue beat(12)-0.6%
Revenue beat(16)5
Avg Revenue beat(16)-0.58%
PT rev (1m)8.15%
PT rev (3m)20.61%
EPS NQ rev (1m)-0.33%
EPS NQ rev (3m)1.81%
EPS NY rev (1m)-2.23%
EPS NY rev (3m)2.56%
Revenue NQ rev (1m)-0.02%
Revenue NQ rev (3m)0.94%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)0.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.35 | ||
| Fwd PE | 8.3 | ||
| P/S | 0.61 | ||
| P/FCF | 9.63 | ||
| P/OCF | 3.81 | ||
| P/B | 2.5 | ||
| P/tB | 5.02 | ||
| EV/EBITDA | 5.02 |
EPS(TTM)10.66
EY9.66%
EPS(NY)13.29
Fwd EY12.04%
FCF(TTM)11.46
FCFY10.38%
OCF(TTM)28.94
OCFY26.22%
SpS180.3
BVpS44.2
TBVpS21.99
PEG (NY)0.42
PEG (5Y)N/A
Graham Number102.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.32% | ||
| ROE | 23.02% | ||
| ROCE | 10.5% | ||
| ROIC | 8.02% | ||
| ROICexc | 11% | ||
| ROICexgc | 13.76% | ||
| OM | 8.85% | ||
| PM (TTM) | 5.64% | ||
| GM | 64.08% | ||
| FCFM | 6.36% |
ROA(3y)3.01%
ROA(5y)-1.15%
ROE(3y)21.2%
ROE(5y)-18.81%
ROIC(3y)6.63%
ROIC(5y)N/A
ROICexc(3y)9.5%
ROICexc(5y)N/A
ROICexgc(3y)12.05%
ROICexgc(5y)N/A
ROCE(3y)8.68%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-0.15%
ROICexc growth 3YN/A
ROICexc growth 5Y0.65%
OM growth 3YN/A
OM growth 5Y-2.78%
PM growth 3YN/A
PM growth 5Y-4.52%
GM growth 3Y6.86%
GM growth 5Y0.39%
F-Score7
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 6.85 | ||
| Debt/EBITDA | 2.57 | ||
| Cap/Depr | 193.27% | ||
| Cap/Sales | 9.7% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 115.79% | ||
| Profit Quality | 112.66% | ||
| Current Ratio | 0.67 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | N/A |
F-Score7
WACC9.19%
ROIC/WACC0.87
Cap/Depr(3y)218.82%
Cap/Depr(5y)162.13%
Cap/Sales(3y)11.3%
Cap/Sales(5y)10.74%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0.76%
EPS 3Y63.03%
EPS 5YN/A
EPS Q2Q%-4.91%
EPS Next Y24.71%
EPS Next 2Y18.65%
EPS Next 3Y8.79%
EPS Next 5Y7.88%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%4.78%
Revenue Next Year7.5%
Revenue Next 2Y7%
Revenue Next 3Y5.01%
Revenue Next 5Y4%
EBIT growth 1Y10.29%
EBIT growth 3YN/A
EBIT growth 5Y2.75%
EBIT Next Year59.84%
EBIT Next 3Y24.4%
EBIT Next 5Y18.11%
FCF growth 1Y177.98%
FCF growth 3YN/A
FCF growth 5Y9.97%
OCF growth 1Y4.35%
OCF growth 3Y65.94%
OCF growth 5Y6.45%
UNITED AIRLINES HOLDINGS INC / UAL FAQ
Can you provide the ChartMill fundamental rating for UNITED AIRLINES HOLDINGS INC?
ChartMill assigns a fundamental rating of 4 / 10 to UAL.
What is the valuation status of UNITED AIRLINES HOLDINGS INC (UAL) stock?
ChartMill assigns a valuation rating of 7 / 10 to UNITED AIRLINES HOLDINGS INC (UAL). This can be considered as Undervalued.
Can you provide the profitability details for UNITED AIRLINES HOLDINGS INC?
UNITED AIRLINES HOLDINGS INC (UAL) has a profitability rating of 6 / 10.
Can you provide the financial health for UAL stock?
The financial health rating of UNITED AIRLINES HOLDINGS INC (UAL) is 3 / 10.
What is the earnings growth outlook for UNITED AIRLINES HOLDINGS INC?
The Earnings per Share (EPS) of UNITED AIRLINES HOLDINGS INC (UAL) is expected to grow by 24.71% in the next year.