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United Airlines Holdings, Inc. UAL
Industrials - Airlines, Airports & Air Services - NASDAQ - US
Watchlist
$ 82.36
1.67 %
$ 26.9 B
Market Cap
7.49
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one UAL stock under the worst case scenario is HIDDEN Compared to the current market price of 82.4 USD, United Airlines Holdings, Inc. is HIDDEN

UAL Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one UAL stock under the base case scenario is HIDDEN Compared to the current market price of 82.4 USD, United Airlines Holdings, Inc. is HIDDEN

UAL Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one UAL stock under the best case scenario is HIDDEN Compared to the current market price of 82.4 USD, United Airlines Holdings, Inc. is HIDDEN

UAL Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart UAL

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1M -2%
6M -16%
1Y 75%
3Y 126%
5Y 153%
All
$120.0$120.0$110.0$110.0$100.0$100.0$90.0$90.0$80.0$80.0$70.0$70.0$60.0$60.0$50.0$50.015 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '25
FINANCIALS
57.1 B REVENUE
6.23%
Growth Rates
1Year 6.23%
3Years 32.31%
5Years 5.70%
7Years 6.07%
10Years 3.91%
5.1 B OPERATING INCOME
21.02%
Growth Rates
1Year 21.02%
3Years 91.17%
5Years 3.45%
7Years 5.02%
10Years 7.94%
3.15 B NET INCOME
20.28%
Growth Rates
1Year 20.28%
3Years 53.31%
5Years 0.91%
7Years 5.65%
10Years 10.77%
9.44 B OPERATING CASH FLOW
36.67%
Growth Rates
1Year 36.67%
3Years 65.94%
5Years 6.45%
7Years 15.36%
10Years 13.62%
-2.65 B INVESTING CASH FLOW
56.58%
Growth Rates
1Year 56.58%
3Years -16.61%
5Years 10.28%
7Years 5.47%
10Years -1.63%
-4.18 B FINANCING CASH FLOW
-121.04%
Growth Rates
1Year -121.04%
3Years -18.26%
5Years -26.72%
7Years -40.71%
10Years -10.11%
13.2 B REVENUE
-10.09%
Growth Rates
1Year 6.23%
3Years 32.31%
5Years 5.70%
7Years 6.07%
10Years 3.91%
607 M OPERATING INCOME
-59.59%
Growth Rates
1Year 21.02%
3Years 91.17%
5Years 3.45%
7Years 5.02%
10Years 7.94%
387 M NET INCOME
0.00%
Growth Rates
1Year 20.28%
3Years 53.31%
5Years 0.91%
7Years 5.65%
10Years 10.77%
3.71 B OPERATING CASH FLOW
66.82%
Growth Rates
1Year 36.67%
3Years 65.94%
5Years 6.45%
7Years 15.36%
10Years 13.62%
-1.46 B INVESTING CASH FLOW
14.75%
Growth Rates
1Year 56.58%
3Years -16.61%
5Years 10.28%
7Years 5.47%
10Years -1.63%
-1.46 B FINANCING CASH FLOW
-146.53%
Growth Rates
1Year -121.04%
3Years -18.26%
5Years -26.72%
7Years -40.71%
10Years -10.11%
Balance Sheet United Airlines Holdings, Inc.
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Current Assets 18.9 B
Cash & Short-Term Investments 14.5 B
Receivables 2.16 B
Other Current Assets 2.24 B
Non-Current Assets 55.2 B
Long-Term Investments 1.27 B
PP&E 46.7 B
Other Non-Current Assets 7.21 B
19.54 %2.92 %3.03 %63.07 %9.73 %Total Assets$74.1b
Current Liabilities 23.3 B
Accounts Payable 4.19 B
Short-Term Debt 3.92 B
Other Current Liabilities 15.2 B
Non-Current Liabilities 38.1 B
Long-Term Debt 29.7 B
Other Non-Current Liabilities 8.38 B
6.83 %6.38 %24.75 %48.39 %13.65 %Total Liabilities$61.4b
EFFICIENCY
Earnings Waterfall United Airlines Holdings, Inc.
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Revenue 57.1 B
Cost Of Revenue 37.6 B
Gross Profit 19.4 B
Operating Expenses 14.3 B
Operating Income 5.1 B
Other Expenses 1.95 B
Net Income 3.15 B
60b60b50b50b40b40b30b30b20b20b10b10b0057b(38b)19b(14b)5b(2b)3bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
34.03% GROSS MARGIN
34.03%
Averages
1Year 34.03%
3Years 28.67%
5Years 11.23%
7Years 15.97%
10Years 20.38%
8.93% OPERATING MARGIN
8.93%
Averages
1Year 8.93%
3Years 7.32%
5Years -4.72%
7Years -0.83%
10Years 2.93%
5.52% NET MARGIN
5.52%
Averages
1Year 5.52%
3Years 4.01%
5Years -8.40%
7Years -4.27%
10Years 0.14%
24.84% ROE
24.84%
Averages
1Year 24.84%
3Years 21.20%
5Years -18.81%
7Years -6.69%
10Years 8.57%
4.25% ROA
4.25%
Averages
1Year 4.25%
3Years 3.01%
5Years -1.15%
7Years 0.62%
10Years 3.30%
7.04% ROIC
7.04%
Averages
1Year 7.04%
3Years 5.51%
5Years 0.99%
7Years 2.86%
10Years 6.73%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis United Airlines Holdings, Inc.
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4b4b3b3b2b2b1b1b00(1b)(1b)(2b)(2b)(3b)(3b)(4b)(4b)(5b)(5b)(6b)(6b)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 3.15 B
Depreciation & Amortization 2.93 B
Capital Expenditures -5.62 B
Stock-Based Compensation 0
Change in Working Capital 0
Others 3.37 B
Free Cash Flow 3.83 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets United Airlines Holdings, Inc.
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Wall Street analysts predict an average 1-year price target for UAL of $91.5 , with forecasts ranging from a low of $59 to a high of $140 .
UAL Lowest Price Target Wall Street Target
59 USD -28.36%
UAL Average Price Target Wall Street Target
91.5 USD 11.06%
UAL Highest Price Target Wall Street Target
140 USD 69.99%
Price
Max Price Target
Min Price Target
Average Price Target
1401401201201001008080606040402020Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 6
6. Ownership
Insider Ownership United Airlines Holdings, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
9.57 M USD 3
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Can United (UAL) Keep the Earnings Surprise Streak Alive? United (UAL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. zacks.com - 2 days ago
These 2 Transportation Stocks Could Beat Earnings: Why They Should Be on Your Radar Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP. zacks.com - 2 days ago
Why United Airlines (UAL) Outpaced the Stock Market Today In the latest trading session, United Airlines (UAL) closed at $82.36, marking a +1.67% move from the previous day. zacks.com - 3 days ago
United, JetBlue ask US to reject Spirit Airlines complaint over partnership JetBlue Airways and United Airlines on Thursday asked the U.S. Transportation Department to reject a complaint filed by Spirit Airlines over their proposed partnership. reuters.com - 3 days ago
Airlines face investors after strong— but cheaper — July 4 holiday Delta Air Lines is set to kick of U.S. airlines' quarterly reports on July 10. Record travelers are taking to the skies, but fares have dropped. cnbc.com - 3 days ago
Why United Airlines (UAL) Outpaced the Stock Market Today In the most recent trading session, United Airlines (UAL) closed at $81.01, indicating a +1.2% shift from the previous trading day. zacks.com - 4 days ago
United to Hold Webcast of Second-Quarter 2025 Financial Results CHICAGO , July 1, 2025 /PRNewswire/ -- United will hold a conference call to discuss second-quarter 2025 financial results on Thursday, July 17 at 9:30 a.m. CT/10:30 a.m. prnewswire.com - 5 days ago
United Airlines: Stability Not Priced In United Airlines remains undervalued despite solid travel demand and a big July 4th predicted. TSA data shows robust passenger growth since 2019, with only a slight year-over-year dip in May. The airline provided multiple EPS scenarios for the year, and the market doesn't appear to have realigned with the stable environment target of $11.50 to $13.50. seekingalpha.com - 1 week ago
United Airlines (UAL) Surpasses Market Returns: Some Facts Worth Knowing United Airlines (UAL) closed the most recent trading day at $77.55, moving +1.07% from the previous trading session. zacks.com - 1 week ago
UAL to Elevate Customer Experience With Modified Mobile App United Airlines enhances summer travel with new app tools for smoother connections, expanding its AI-powered ConnectionSaver technology. zacks.com - 1 week ago
Wall Street is getting worried about United Airlines. Yes, it's mostly about Newark Airport. United has a major hub at Newark Liberty International Airport, and Wall Street wonders just how much the late-spring communications problems and runway closure at the airport will weigh on the airline's profits. marketwatch.com - 1 week ago
United Airlines: Strong Revenue And FCF Not Fully Priced In United Airlines delivers steady revenue growth, double-digit operating margins, and robust free cash flow, driving net debt/EBITDA down to 2.0x. Despite strong fundamentals, shares trade at just 5x EV/EBITDA and 7x P/E, offering a 13% potential upside to my $89 fair value target based on DCF and peer analysis. Ongoing fleet modernization, premium seat sales, and disciplined capex support further multiple expansion, though risks include fuel costs, labor negotiations, and macro volatility. seekingalpha.com - 1 week ago
8. Profile Summary

United Airlines Holdings, Inc. UAL

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COUNTRY US
INDUSTRY Airlines, Airports & Air Services
MARKET CAP $ 26.9 B
Dividend Yield 0.00%
Description United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, training, and maintenance services for third parties. The company was formerly known as United Continental Holdings, Inc. and changed its name to United Airlines Holdings, Inc. in June 2019. United Airlines Holdings, Inc. was incorporated in 1968 and is headquartered in Chicago, Illinois.
Contact 233 South Wacker Drive, Chicago, IL, 60606 https://www.united.com
IPO Date Feb. 6, 2006
Employees 109200
Officers Mr. Michael D. Leskinen CFA Executive Vice President & Chief Financial Officer Mr. Jason Birnbaum Chief Information Officer Ms. Doreen Burse Senior Vice President of Worldwide Sales Mr. Brett J. Hart President Ms. Kristina Munoz Edwards Managing Director of Investor Relations Mr. Torbjorn J. Enqvist Executive Vice President & Chief Operating Officer Ms. Brigitte Bokemeier Vice President, Principal Accounting Officer & Controller Mr. Andrew P. Nocella Executive Vice President & Chief Commercial Officer Mr. Josh Earnest Executive Vice President of Communications & Advertising Mr. J. Scott Kirby Chief Executive Officer & Director