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United Airlines Holdings, Inc.

UALNasdaqAir Transportation, ScheduledFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 21, 2026Score 10/3023% below fair value
$109.24+5.00 (+4.80%)

Close on Nov 2, 2026Market cap $35.46BP/E 10.2Yield –

United Airlines Adjusted EBITDA Margin by Quarter

Adjusted EBITDA Margin (%) (%)

QuarterlyAnnual

United Airlines Adjusted EBITDA Margin: 11.4% in Q3 2026, down 2.3 pts from a year earlier.

Latest, Q3 2026
11.4%
Period ended Sep 30, 2026
Change on a year earlier
-2.3 pts
13.7% in Q3 2025
History
28 quarters
Since Q4 2019
Sources
24
Documents cited below

Where the Q3 2026 figure comes from

Source: SEC 8-K EX-99.1 Earnings Release (FY2026Q3, 0000100517-26-000184, filed 2026-10-20) ↗

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedAdjusted EBITDA Margin (%) (%)Year on yearSource
Q3 2026Sep 30, 202611.4%-2.3 ptsSEC 8-K EX-99.1 Earnings Release (FY2026Q3, 0000100517-26-000184, filed 2026-10-20) ↗
Q2 2026Jun 30, 20269.8%-6.9 ptsSEC 8-K EX-99.1 Earnings Release (FY2026Q2, 0000100517-26-000135, filed 2026-07-15) ↗
Q1 2026Mar 31, 20269.5%-0.1 ptsSEC 8-K EX-99.1 Earnings Release (FY2026Q1, 0000100517-26-000089, filed 2026-04-21) ↗
Q4 2025Dec 31, 202514.2%-1.7 ptsSEC 8-K EX-99.1 Earnings Release (FY2025Q4, 0000100517-26-000014, filed 2026-01-20) ↗
Q3 2025Sep 30, 202513.7%-2.0 ptsSEC 8-K EX-99.1 Earnings Release (FY2025Q3, 0000100517-25-000190, filed 2025-10-15) ↗
Q2 2025Jun 30, 202516.7%-1.3 ptsSEC 8-K EX-99.1 Earnings Release (FY2025Q2, 0000100517-25-000143, filed 2025-07-16) ↗
Q1 2025Mar 31, 20259.6%+2.9 ptsSEC 8-K EX-99.1 Earnings Release (FY2025Q1, 0000100517-25-000087, filed 2025-04-15) ↗
Q4 2024Dec 31, 202415.9%+3.0 ptsSEC 8-K EX-99.1 Earnings Release (FY2024, 0000100517-25-000013, filed 2025-01-21) ↗
Q3 2024Sep 30, 202415.7%-1.2 ptsSEC 8-K EX-99.1 Earnings Release (FY2024Q3, 0000100517-24-000132, filed 2024-10-15) ↗
Q2 2024Jun 30, 202418.0%-3.7 ptsSEC 8-K EX-99.1 Earnings Release (FY2024Q2, 0000100517-24-000117, filed 2024-07-17) ↗
Q1 2024Mar 31, 20246.7%+0.9 ptsSEC 8-K EX-99.1 Earnings Release (FY2024Q1, 0000100517-24-000076, filed 2024-04-16) ↗
Q4 2023Dec 31, 202312.9%-3.5 ptsSEC 8-K EX-99.1 Earnings Release (FY2023, 0000100517-24-000016, filed 2024-01-22) ↗
Q3 2023Sep 30, 202316.9%+0.8 ptsSEC 8-K EX-99.1 Earnings Release (FY2023Q3, 0000100517-23-000182, filed 2023-10-17) ↗
Q2 2023Jun 30, 202321.7%+8.6 ptsSEC 8-K EX-99.1 Earnings Release (Q2 2023, 0000100517-23-000150, filed 2023-07-19) ↗
Q1 2023Mar 31, 20235.8%+15.7 ptsSEC 8-K EX-99.1 Earnings Release (Q1 2023, 0000100517-23-000113, filed 2023-04-18) ↗
Q4 2022Dec 31, 202216.4%+12.2 ptsSEC 8-K EX-99.1 Earnings Release (FY2022Q4, 0000100517-23-000016, filed 2023-01-17) ↗

Cite this data

StockData. (2026). United Airlines Adjusted EBITDA Margin (%), quarterly Q4 2019–Q3 2026 [Data set]. Compiled from United Airlines SEC filings and investor materials. https://stockdatahq.com/stocks/ual/kpis/er-adj-ebitda-margin

See every metric in the United Airlines KPI table. Data updated Nov 3, 2026.