United Airlines Holdings
UAL stock analysis · Industrials · Passenger Airlines
As of · fund-implied per-share value
Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.
View SEC fund filing ↗Price × SEC outstanding shares. Shares measured 2026-06-30. Approximate; share and price dates can differ.
View share-count filing ↗DCF value
Equity cash-flow scenario · SEC outstanding shares at 2026-06-30 · -12.0% versus input cap
How this is calculated ↗Reverse DCF
Annual basis · read assumptions below
How this is calculated ↗Relative valuation
76 sector peers · median 31.7×
How this is calculated ↗Historical multiples
5 annual observations · snapshot P/E 13.2× · 8.2% versus history
How this is calculated ↗Free cash flow yield
Annual basis · read assumptions below
How this is calculated ↗ROIC / quality
Normalized tax · financing-capital proxy · parent-equity fallback (scope limitation) · short-term borrowing coverage incomplete
How this is calculated ↗Value composite
Annual basis · read assumptions below
How this is calculated ↗12–1 price momentum
Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.
How this is calculated ↗Asset growth
Annual basis · read assumptions below
How this is calculated ↗Net payout yield
Requires reported dividends, repurchases and issuance; missing values are not zero.
How this is calculated ↗Accrual quality
Parent-earnings fallback versus consolidated cash flow · scope limitation
How this is calculated ↗Fundamental momentum
Annual basis · read assumptions below
How this is calculated ↗Follow the cash
ANNUAL · USDOperating cash flow and reinvestment over time
Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.
Make the assumptions yours
How sensitive is the valuation?
| Return / Growth | 3.0% | 5.0% | 7.0% |
|---|---|---|---|
| 8.0% | $150.08 | $163.75 | $178.45 |
| 10.0% | $109.98 | $119.65 | $130.04 |
| 12.0% | $86.76 | $94.15 | $102.06 |
Annual financial history
Open SEC filings ↗| Fiscal year-end | Revenue | Net income | Operating cash flow | Capital expenditure | Assets |
|---|---|---|---|---|---|
| 2025-12-31 | 59.1B | 3.4B | 8.4B | 5.9B | 76.4B |
| 2024-12-31 | 57.1B | 3.1B | 9.4B | 5.6B | 74.1B |
| 2023-12-31 | 53.7B | 2.6B | 6.9B | 7.2B | 71.1B |
| 2022-12-31 | 45B | 737M | 6.1B | 4.8B | 67.4B |
| 2021-12-31 | 24.6B | -2B | 2.1B | 2.1B | 68.2B |
| 2020-12-31 | 15.4B | -7.1B | -4.1B | 1.7B | 59.5B |
| 2019-12-31 | 43.3B | 3B | 6.9B | 4.5B | 52.6B |
| 2018-12-31 | 41.3B | 2.1B | 6.2B | 4.1B | 49B |
USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.
Trace the inputs
MODEL ANNUAL PERIOD| Input | Value | SEC tag / source | Filed |
|---|---|---|---|
| revenue | 59.1B | RevenueFromContractWithCustomerExcludingAssessedTax | 2026-02-12 |
| netIncome | 3.4B | NetIncomeLoss Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income. | 2026-02-12 |
| Parent/common earnings proxy | 3.4B | NetIncomeLossAvailableToCommonStockholdersBasic | 2026-02-12 |
| cfo | 8.4B | NetCashProvidedByUsedInOperatingActivities | 2026-02-12 |
| capex | 5.9B | PaymentsToAcquireProductiveAssets | 2026-02-12 |
| operatingIncome | 4.7B | OperatingIncomeLoss | 2026-02-12 |
| assets | 76.4B | Assets | 2026-02-12 |
| equity | 15.3B | StockholdersEquity Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income. | 2026-02-12 |
| Parent book equity proxy | 15.3B | StockholdersEquity | 2026-02-12 |
| debt | 21.3B | LongTermDebtCurrent + LongTermDebtNoncurrent | 2026-02-12 |
| shortDebt | — | Not reported under a supported tag | — |
| cash | 5.9B | CashAndCashEquivalentsAtCarryingValue | 2026-02-12 |
| shares | 328.5M | WeightedAverageNumberOfDilutedSharesOutstanding | 2026-02-12 |
| dividends | — | Not reported under a supported tag | — |
| buybacks | 637M | PaymentsForRepurchaseOfCommonStock | 2026-02-12 |
| issuance | — | Not reported under a supported tag | — |