Fundamental analysis · SEC EDGAR · TTM through 30/06/2026
UAL · Nasdaq · Industrial
Fundamental quality
73
out of 100
United Airlines Holdings, Inc. earns a fundamental-quality score of 73 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its growth (revenue +29.3%/yr). Its weakest area is its financial strength (net debt 2.32× EBITDA). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
United Airlines is one of America's three global airlines, strong on international routes and its Chicago, Newark and San Francisco hubs. Its bet of the decade: growing in aircraft and premium seats while rivals shrink.
EPS growth: 56.5% · Revenue growth: 29.3%
Net margin: 5.6% · ROE: 20.9% · ROIC: 10.9%
Net debt/EBITDA: 2.32x · FCF: 4%
Source: SEC EDGAR · TTM through 30/06/2026
The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its financial strength drags it down the most.
Percentile against the other 69 Industrial companies in our coverage: how far it beats them on each metric (100 = best in sector).
Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2020 | 15,355 | -7,069 | -5,860 | 15,478 |
| 2021 | 24,634 | -1,964 | -40 | 15,080 |
| 2022 | 44,955 | 737 | 1,247 | 24,028 |
| 2023 | 53,717 | 2,618 | -260 | 23,017 |
| 2024 | 57,063 | 3,149 | 3,830 | 15,884 |
| 2025 | 59,070 | 3,353 | 2,557 | 15,324 |
Between 2020 and 2025, revenue went from $15,355M to $59,070M (+285%) and net income went from -$7,069M to $3,353M (+147%).
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Latest results
Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):
Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.
This company doesn't pay a dividend: it reinvests all its earnings back into the business.
Open your account in minutes with regulated brokers and buy U.S. and European stocks from small amounts. No paperwork.
The serious investor's standard
Open free account →Anyone who wants low commissions and access to almost any market in the world.
Popular in the U.S.
Open free account →Anyone investing in the U.S. who wants a powerful, commission-free stock app.
Investing carries risk of loss.
Is United Airlines Holdings, Inc. cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is United Airlines Holdings, Inc. a good company to invest in?
In terms of business quality, United Airlines Holdings, Inc. scores 73 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Is United Airlines Holdings, Inc. a profitable company?
United Airlines Holdings, Inc. is profitable, with a net margin of 5.6%, though a thin one.
Does United Airlines Holdings, Inc. have a lot of debt?
A moderate level: its net debt is 2.32 times its EBITDA.
Is United Airlines Holdings, Inc. growing?
Its revenue has grown 29.3% annualized in recent years and its earnings per share 56.5%, and without interruption since 2020.
Does United Airlines Holdings, Inc. generate cash?
Yes. It converts about 4% of its revenue into free cash flow.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
More Industrial companies
Deere & Company (DE) · Lockheed Martin (LMT) · Waste Management (WM) · Illinois Tool Works (ITW) · General Dynamics (GD) · Northrop Grumman (NOC) · see more →
The best Industrial stocks by our model →
Compare United Airlines Holdings, Inc. with 500+ companies in the screener →
Who's behind the methodology and model · how the score is computed
Data: see United Airlines Holdings, Inc.'s filings on EDGAR
Spotted a figure that looks wrong? Report it and we'll review it.