102.32 USD
-1.62 (-1.56%)
At close: Jan 30, 2026
101.9 USD
-0.42 (-0.41%)
After Hours: 1/30/2026, 8:22:25 PM
Taking everything into account, UAL scores 5 out of 10 in our fundamental rating. UAL was compared to 22 industry peers in the Passenger Airlines industry. While UAL belongs to the best of the industry regarding profitability, there are concerns on its financial health. UAL may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
- UAL had positive earnings in the past year.
- In the past year UAL had a positive cash flow from operations.
- UAL had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years UAL had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of UAL (4.39%) is better than 77.27% of its industry peers.
- UAL has a Return On Equity of 21.94%. This is amongst the best in the industry. UAL outperforms 81.82% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 7.58%, UAL is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for UAL is significantly below the industry average of 20.52%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.39% | ||
| ROE | 21.94% | ||
| ROIC | 7.58% |
ROA(3y)4.11%
ROA(5y)2.11%
ROE(3y)24.95%
ROE(5y)9.3%
ROIC(3y)7.85%
ROIC(5y)N/A
1.3 Margins
- UAL has a better Profit Margin (5.68%) than 77.27% of its industry peers.
- In the last couple of years the Profit Margin of UAL has grown nicely.
- UAL's Operating Margin of 8.42% is fine compared to the rest of the industry. UAL outperforms 72.73% of its industry peers.
- UAL's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 63.63%, UAL is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
- In the last couple of years the Gross Margin of UAL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.42% | ||
| PM (TTM) | 5.68% | ||
| GM | 63.63% |
OM growth 3Y15.17%
OM growth 5YN/A
PM growth 3Y51.28%
PM growth 5YN/A
GM growth 3Y5.21%
GM growth 5Y6.96%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so UAL is destroying value.
- UAL has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for UAL has been increased compared to 5 years ago.
- Compared to 1 year ago, UAL has an improved debt to assets ratio.
2.2 Solvency
- UAL has a debt to FCF ratio of 9.77. This is a negative value and a sign of low solvency as UAL would need 9.77 years to pay back of all of its debts.
- UAL's Debt to FCF ratio of 9.77 is fine compared to the rest of the industry. UAL outperforms 72.73% of its industry peers.
- A Debt/Equity ratio of 1.35 is on the high side and indicates that UAL has dependencies on debt financing.
- UAL has a Debt to Equity ratio of 1.35. This is comparable to the rest of the industry: UAL outperforms 59.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | 9.77 | ||
| Altman-Z | N/A |
ROIC/WACC0.84
WACC9.01%
2.3 Liquidity
- A Current Ratio of 0.65 indicates that UAL may have some problems paying its short term obligations.
- The Current ratio of UAL (0.65) is comparable to the rest of the industry.
- A Quick Ratio of 0.59 indicates that UAL may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.59, UAL is in line with its industry, outperforming 59.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 0.76% over the past year.
- Measured over the past years, UAL shows a very strong growth in Earnings Per Share. The EPS has been growing by 63.03% on average per year.
- UAL shows a small growth in Revenue. In the last year, the Revenue has grown by 3.52%.
- Measured over the past years, UAL shows a very strong growth in Revenue. The Revenue has been growing by 30.93% on average per year.
EPS 1Y (TTM)0.76%
EPS 3Y63.03%
EPS 5YN/A
EPS Q2Q%-4.91%
Revenue 1Y (TTM)3.52%
Revenue growth 3Y9.53%
Revenue growth 5Y30.93%
Sales Q2Q%4.78%
3.2 Future
- The Earnings Per Share is expected to grow by 7.88% on average over the next years.
- The Revenue is expected to grow by 4.00% on average over the next years.
EPS Next Y24.71%
EPS Next 2Y18.65%
EPS Next 3Y8.79%
EPS Next 5Y7.88%
Revenue Next Year8.02%
Revenue Next 2Y7.29%
Revenue Next 3Y6.46%
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.
- When comparing the Revenue 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
- UAL is valuated reasonably with a Price/Earnings ratio of 9.60.
- Compared to the rest of the industry, the Price/Earnings ratio of UAL indicates a rather cheap valuation: UAL is cheaper than 90.91% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 28.32, UAL is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 7.70, the valuation of UAL can be described as very cheap.
- Based on the Price/Forward Earnings ratio, UAL is valued cheaper than 90.91% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, UAL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.6 | ||
| Fwd PE | 7.7 |
4.2 Price Multiples
- UAL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. UAL is cheaper than 77.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.95 | ||
| EV/EBITDA | N/A |
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)0.39
PEG (5Y)N/A
EPS Next 2Y18.65%
EPS Next 3Y8.79%
5. Dividend
5.1 Amount
- UAL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
UNITED AIRLINES HOLDINGS INC / UAL FAQ
Can you provide the ChartMill fundamental rating for UNITED AIRLINES HOLDINGS INC?
ChartMill assigns a fundamental rating of 5 / 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 7 / 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.