Stock AnalizUnited Airlines Holdings, Inc. UAL
Air Freight/Delivery Services · data as of November 13, 2026
United Airlines Holdings, Inc. (UAL) is a consumer discretionary company listed in the US with a market value of about $35.5B. In the twelve months to September 30, 2026 it had revenue of $65.6B and net income of $3.6B, a net margin of 5.5%.
Its overall Stock Analiz score is 1.8 out of 5 (weak). The strongest part is value (2/5); the weakest is financial health (1/5).
Key numbers: a P/E of 10.0, a price to free cash flow of 31.8, 5-year revenue growth of 31% a year, a 5-year average ROIC of 5%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 31% below the current price.
Score: 1.8 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- 5-year revenue growth above 8% a year
- ROE above 15%
- Positive free cash flow
- 20% to 100% of free cash flow returned to shareholders
Checks not passed
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $65.6B | $59.1B | $57.1B | $53.7B | $45.0B | $24.6B | $15.4B | $43.3B | $41.3B | $37.7B | $36.6B |
| Net income | $3.6B | $3.4B | $3.1B | $2.6B | $737M | -$2.0B | -$7.1B | $3.0B | $2.1B | $2.1B | $2.2B |
| Free cash flow | $1.1B | $2.6B | $3.8B | -$260M | $1.2B | -$40M | -$5.9B | $2.4B | $2.1B | -$396M | $2.3B |
| EPS (diluted) | $10.92 | $10.20 | $9.45 | $7.89 | $2.23 | $-6.10 | $-25.30 | $11.58 | $7.67 | $7.06 | $6.76 |
| Net margin | 5.5% | 5.7% | 5.5% | 4.9% | 1.6% | -8.0% | -46.0% | 7.0% | 5.1% | 5.7% | 6.1% |
| ROIC | — | 8.6% | 9.1% | 7.4% | 4.0% | -1.8% | -13.1% | 10.4% | 8.7% | 11.6% | 13.3% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 23 analysts is $150.57, 38% above the current price; targets range from $98.00 to $203.00; the consensus rating is “Strong buy”; expected EPS is $7.08 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is United Airlines’s P/E ratio?
About 10.0, based on the last twelve months of diluted earnings per share (forward P/E about 15.5).
Is United Airlines stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 31% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does United Airlines pay a dividend?
Not currently.
Is United Airlines a good stock to buy?
We do not give buy or sell advice. United Airlines scores 1.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.