Score Your Stock

US stock · figures in US dollars · scored on full-year results

United Airlines Holdings United Airlines Holdings, Inc.

UAL · Industrials · Airlines
Top 17% of scored stocks
OkayTop 17% of scored stocks

United Airlines Holdings scores 68/100 on fundamentals: in the top 17% of 503 scored S&P 500 stocks. Its strongest area is Price Fairness (83/100); its weakest is Financial Safety (33/100).

Best
Price 83
Weakest
Financial 33

A financially stretched, inexpensively priced stock, but financial safety needs attention.

What looks good
What to watch
Mkt capUS$ 33.9b#304 of 503 in the S&P 500EPSUS$ 10.92P/E9.5×✓ vs sector median 25.5×P/B1.9×✓ vs sector median 6×Div yieldNo dividends paidBottom 2% in the S&P 50052w range · 36% of range84.64138.77
as of 31 Oct 2026

Nearby peers

Ranks #10 of 76 in Industrials by score

#1Emcor75#8General Dynamics68#9Trane Technologies68
#10United Airlines Holdings68
#11Vertiv66#12Fastenal65

One-Minute Summary

Why United Airlines Holdings scores 68

A financially stretched, inexpensively priced stock, but financial safety needs attention.

What looks good
What to watch

Business Strength

80
Why 80?
Pillar score: (2 + 1 + 2 + 1 + 2) = 8 of 10 points → 80
Return on Equity (ROE)20%Strong4-Year Revenue Growth+7%/yrOkay4-Year Profit Growth+11%/yrStrongNet Profit Margin5%OkayQuarterly Momentum+8%Strong
Show 3 charts

Net Profit & Equity, with ROE

Net Profit ↑ +36.6%Equity ↑ +90.4%ROE % 20.1%
Net ProfitEquityROE %
2.6b3.1b3.4b3.6b9.3b12.7b15.3b17.8b202320242025TTM28.1%24.8%21.9%20.1%

Revenue & Net Profit, with Net Margin

Revenue ↑ +22%Net Profit ↑ +36.6%Net Margin % 5.5%
RevenueNet ProfitNet Margin %
53.7b57.1b59.1b65.6b2.6b3.1b3.4b3.6b202320242025TTM4.9%5.5%5.7%5.5%

Sales grew about 22% over 4 years: customers keep spending more with this company.

Profit climbed about 36.6% over 4 years: the business keeps more money as it grows.

Recent Quarters: Revenue & Net Profit (the last 8 quarters, scored)

Revenue ↑ +19.1%Net Profit ↓ -16.6%Net Margin % 4.6%
RevenueNet ProfitNet Margin %
14.8b14.7b13.2b15.2b15.2b15.4b14.6b17.7b965m985m387m973m949m1.0b699m805mQ3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'266.5%6.7%2.9%6.4%6.2%6.8%4.8%4.6%
▼▲▲▼▬▲▲▼

Sales grew about 19.1% over the last 8 quarters: customers keep spending more with this company.

Profit fell about 16.6% over the last 8 quarters.

Why 33?
Pillar score: (0 + 0 + 2) = 2 of 6 points → 33
Debt-to-Equity1.9×WeakCurrent Ratio0.8×WeakInterest Coverage5×Strong
Show 2 charts

Debt vs Equity, with D/E ratio

Total Debt ↓ -6.7%Equity ↑ +90.4%D/E 1.9×
Total DebtEquityD/E
36.7b33.6b31.0b34.3b9.3b12.7b15.3b17.8b202320242025TTM3.9×2.7×2×1.9×

Borrowings have stayed roughly level: manageable, as long as profits stay healthy.

Short-term assets vs bills, with Current Ratio

Current Assets ↑ +8.1%Current Liabilities ↑ +20%Current Ratio 0.8×
Current AssetsCurrent LiabilitiesCurrent Ratio
18.5b18.9b16.9b20.0b22.2b23.3b26.1b26.6b202320242025TTM0.8×0.8×0.6×0.8×
Why 75?
Pillar score: (0 + 2 + 2 + 2) = 6 of 8 points → 75
Dividend QualityNo dividends paidWeak
Payout ratio: 0%
Operating Cash FlowPositive & growingStrongFree Cash FlowPositive & growingStrongCash & Cash EquivalentsGrowing & covers near-term debtStrong
Show 3 charts

Operating vs Free Cash Flow

Operating CF ↑ +18.1%Free CF ↑ +529.2%
Operating CFFree CF
6.9b9.4b8.4b8.2b-260m3.8b2.6b1.1b202320242025TTM

The business generates real cash, and more of it each year: a very healthy sign.

Cash vs Total Debt

Cash ↑ +9.7%Short-Term Debt ↓ -56.5%Total Debt ↓ -6.7%
CashShort-Term DebtTotal Debt
6.1b8.8b5.9b6.6b4.2b3.5b4.4b1.8b36.7b33.6b31.0b34.3b202320242025TTM

Dividends per Share, with Yield

DPS (cents) → +0%Yield % 0%
DPS (cents)Yield %
000020222023202420250%0%0%0%

Dividends per share have been maintained or raised: management shares the rewards with you.

Why 83?
Pillar score: (2 + 1 + 2) = 5 of 6 points → 83
P/E Ratio9.5×StrongP/B Ratio1.9×OkayPEG Ratio0.9Strong
Show chart

Share Price: Weekly Closes (not part of the score)

US$ 136.11US$ 111.36US$ 86.60Oct '25Feb '26Jun '26Oct '26

The share price is up about 10.8% over the past year.

Why 67?
Pillar score: (2 + 1 + 2 + 1 + 1 + 1) = 8 of 12 points → 67
Earnings ConsistencySteadyStrongDebt Trend (4yr)StableOkayShare Count Trend (4yr)-0%/yrStrongInventory vs Sales (4yr)+0.9 pp/yr vs salesOkayAsset Turnover Trend (4yr)+1.9%OkayQuarterly Consistency2 of 4 quarters downOkay
Show chart

Revenue vs Inventory, with Inventory % of Revenue

Revenue ↑ +22%Inventory ↑ +25.2%Inv. % of Rev. 3%
RevenueInventoryInv. % of Rev.
53.7b57.1b59.1b65.6b1.6b1.6b1.6b2.0b202320242025TTM2.9%2.8%2.6%3%
Ranks #10 of 76 in Industrials by score

Sector peers

#1Emcor75#8General Dynamics68#9Trane Technologies68
#10United Airlines Holdings (you)68
#11Vertiv66#12Fastenal65

Full Financial History

Every reported figure behind the score, year by year. Download it, or check it against the company's own annual report.

Financial YearRevenueNet ProfitOperating Cash FlowFree Cash FlowCapExCashTotal DebtShort-Term DebtEquityCurrent AssetsCurrent LiabilitiesTotal AssetsTotal LiabilitiesInventoryDividendsReturn on Equity (ROE)Net Profit MarginDebt-to-EquityCurrent RatioInterest CoverageDiv yieldP/E RatioP/B RatioPEG Ratio
2026US$ 65.6bUS$ 3.6bUS$ 8.2bUS$ 1.1bUS$ -7.0bUS$ 6.6bUS$ 34.3bUS$ 1.8bUS$ 17.8bUS$ 20.0bUS$ 26.6bUS$ 85.1bUS$ 67.4bUS$ 2.0b-20%5%1.9×0.8×5.0×----
2025US$ 59.1bUS$ 3.4bUS$ 8.4bUS$ 2.6bUS$ -5.9bUS$ 5.9bUS$ 31.0bUS$ 4.4bUS$ 15.3bUS$ 16.9bUS$ 26.1bUS$ 76.4bUS$ 61.2bUS$ 1.6bUS$ 0.0m22%6%2.0×0.7×4.7×0%10.9×2.4×0.2
2024US$ 57.1bUS$ 3.1bUS$ 9.4bUS$ 3.8bUS$ -5.6bUS$ 8.8bUS$ 33.6bUS$ 3.5bUS$ 12.7bUS$ 18.9bUS$ 23.3bUS$ 74.1bUS$ 61.4bUS$ 1.6bUS$ 0.0m25%6%2.7×0.8×4.0×0%10.0×2.5×0.1
2023US$ 53.7bUS$ 2.6bUS$ 6.9bUS$ -260.0mUS$ -7.2bUS$ 6.1bUS$ 36.7bUS$ 4.2bUS$ 9.3bUS$ 18.5bUS$ 22.2bUS$ 71.1bUS$ 61.8bUS$ 1.6bUS$ 0.0m28%5%3.9×0.8×2.9×0%5.2×1.5×0.0