United Airlines Holdings Net Income

UAL Stock  USD 102.32  1.62  1.56%   
As of the 2nd of February, United Airlines has the Coefficient Of Variation of 2992.92, risk adjusted performance of 0.0313, and Semi Deviation of 2.38. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of United Airlines Holdings, as well as the relationship between them. Please validate United Airlines Holdings coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if United Airlines is priced more or less accurately, providing market reflects its prevalent price of 102.32 per share. Given that United Airlines Holdings has jensen alpha of 0.0098, we advise you to double-check United Airlines Holdings's current market performance to make sure the company can sustain itself at a future point.

United Airlines Total Revenue

62.02 Billion

United Airlines' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing United Airlines' valuation are provided below:
Gross Profit
19.9 B
Profit Margin
0.0568
Market Capitalization
33.1 B
Enterprise Value Revenue
0.8879
Revenue
59.1 B
There are over one hundred nineteen available fundamental trend indicators for United Airlines Holdings, which can be analyzed over time and compared to other ratios. We recommend to double-check United Airlines' current fundamental drivers against the all of the trends between 2010 and 2026. Market Cap is expected to rise to about 20.9 B this year. Enterprise Value is expected to rise to about 37.6 B this year This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income3.6 B3.8 B
Net Income Applicable To Common Shares663.3 M630.1 M
Net Income From Continuing Ops2.8 BB
Net Income Per Share 10.25  10.77 
Net Income Per E B T 0.78  0.82 
At this time, United Airlines' Net Income is quite stable compared to the past year. Net Income From Continuing Ops is expected to rise to about 3 B this year, although the value of Net Income Applicable To Common Shares will most likely fall to about 630.1 M.
  
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Historical Net Income data for United Airlines serves as a key indicator of operational performance and financial stability. Tracking changes in this metric over time helps investors spot emerging trends before they become obvious, providing an edge in assessing whether United Airlines Holdings represents a compelling investment opportunity.

Latest United Airlines' Net Income Growth Pattern

Below is the plot of the Net Income of United Airlines Holdings over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in United Airlines Holdings financial statement analysis. It represents the amount of money remaining after all of United Airlines Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is United Airlines' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United Airlines' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.15 B10 Years Trend
Pretty Stable
   Net Income   
       Timeline  

United Net Income Regression Statistics

Arithmetic Mean1,363,744,118
Coefficient Of Variation219.34
Mean Deviation2,028,700,346
Median2,122,000,000
Standard Deviation2,991,284,330
Sample Variance8947781.9T
Range14.4B
R-Value0.13
Mean Square Error9389322.4T
R-Squared0.02
Significance0.63
Slope75,483,333
Total Sum of Squares143164511.1T

United Net Income History

20263.5 B
20253.4 B
20243.1 B
20232.6 B
2022737 M
2021-2 B
2020-7.1 B

Other Fundumenentals of United Airlines Holdings

United Airlines Net Income component correlations

United Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for United Airlines is extremely important. It helps to project a fair market value of United Stock properly, considering its historical fundamentals such as Net Income. Since United Airlines' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of United Airlines' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of United Airlines' interrelated accounts and indicators.
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Airlines. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive United Airlines assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
0.083
Earnings Share
10.04
Revenue Per Share
179.817
Quarterly Revenue Growth
0.048
Return On Assets
0.0413
The market value of United Airlines Holdings is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Airlines' value that differs from its market value or its book value, called intrinsic value, which is United Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Airlines' market value can be influenced by many factors that don't directly affect United Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, United Airlines' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

United Airlines 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to United Airlines' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of United Airlines.
0.00
11/04/2025
No Change 0.00  0.0 
In 2 months and 31 days
02/02/2026
0.00
If you would invest  0.00  in United Airlines on November 4, 2025 and sell it all today you would earn a total of 0.00 from holding United Airlines Holdings or generate 0.0% return on investment in United Airlines over 90 days. United Airlines is related to or competes with Delta Air, Verisk Analytics, Westinghouse Air, LATAM Airlines, EMCOR, Otis Worldwide, and Rocket Lab. United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, E... More

United Airlines Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure United Airlines' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess United Airlines Holdings upside and downside potential and time the market with a certain degree of confidence.

United Airlines Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for United Airlines' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United Airlines' standard deviation. In reality, there are many statistical measures that can use United Airlines historical prices to predict the future United Airlines' volatility.
Hype
Prediction
LowEstimatedHigh
99.80102.32104.84
Details
Intrinsic
Valuation
LowRealHigh
100.51103.03105.55
Details
Naive
Forecast
LowNextHigh
97.3899.90102.41
Details
25 Analysts
Consensus
LowTargetHigh
126.28138.77154.04
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as United Airlines. Your research has to be compared to or analyzed against United Airlines' peers to derive any actionable benefits. When done correctly, United Airlines' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in United Airlines Holdings.

United Airlines February 2, 2026 Technical Indicators

United Airlines Holdings Backtested Returns

United Airlines appears to be very steady, given 3 months investment horizon. United Airlines Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0929, which indicates the firm had a 0.0929 % return per unit of risk over the last 3 months. We have found thirty technical indicators for United Airlines Holdings, which you can use to evaluate the volatility of the company. Please review United Airlines' Coefficient Of Variation of 2992.92, risk adjusted performance of 0.0313, and Semi Deviation of 2.38 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, United Airlines holds a performance score of 7. The entity has a beta of 1.85, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, United Airlines will likely underperform. Please check United Airlines' semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether United Airlines' existing price patterns will revert.

Auto-correlation

    
  -0.82  

Excellent reverse predictability

United Airlines Holdings has excellent reverse predictability. Overlapping area represents the amount of predictability between United Airlines time series from 4th of November 2025 to 19th of December 2025 and 19th of December 2025 to 2nd of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of United Airlines Holdings price movement. The serial correlation of -0.82 indicates that around 82.0% of current United Airlines price fluctuation can be explain by its past prices.
Correlation Coefficient-0.82
Spearman Rank Test-0.38
Residual Average0.0
Price Variance20.16
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

United Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

227.01 Million

At this time, United Airlines' Accumulated Other Comprehensive Income is quite stable compared to the past year.
Based on the recorded statements, United Airlines Holdings reported net income of 3.15 B. This is much higher than that of the Passenger Airlines sector and 248.33% higher than that of the Industrials industry. The net income for all United States stocks is significantly lower than that of the firm.

United Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses United Airlines' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of United Airlines could also be used in its relative valuation, which is a method of valuing United Airlines by comparing valuation metrics of similar companies.
United Airlines is currently under evaluation in net income category among its peers.

United Airlines ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, United Airlines' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to United Airlines' managers, analysts, and investors.
Environmental
Governance
Social

United Airlines Institutional Holders

Institutional Holdings refers to the ownership stake in United Airlines that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of United Airlines' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing United Airlines' value.
Shares
Par Capital Management Inc2025-06-30
M
Amvescap Plc.2025-06-30
4.8 M
Morgan Stanley - Brokerage Accounts2025-06-30
3.7 M
Goldman Sachs Group Inc2025-06-30
3.7 M
Newport Trust Co.2025-06-30
3.4 M
Senator Investment Group Lp2025-06-30
3.1 M
Charles Schwab Investment Management Inc2025-06-30
M
Ubs Group Ag2025-06-30
2.9 M
Srs Investment Management, Llc2025-06-30
2.9 M
Vanguard Group Inc2025-06-30
37.3 M
Capital Research & Mgmt Co - Division 32025-06-30
22 M

United Fundamentals

About United Airlines Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze United Airlines Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of United Airlines using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of United Airlines Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether United Airlines Holdings is a strong investment it is important to analyze United Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact United Airlines' future performance. For an informed investment choice regarding United Stock, refer to the following important reports:
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You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Airlines. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive United Airlines assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
0.083
Earnings Share
10.04
Revenue Per Share
179.817
Quarterly Revenue Growth
0.048
Return On Assets
0.0413
The market value of United Airlines Holdings is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Airlines' value that differs from its market value or its book value, called intrinsic value, which is United Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Airlines' market value can be influenced by many factors that don't directly affect United Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, United Airlines' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.