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 Operating Margin: 8.4% in FY2025, down 1.2 pts from a year earlier.
Latest, FY2025
8.4%
Period ended Dec 31, 2025
Change on a year earlier
-1.2 pts
9.6% in FY2024
History
6 years
Since FY2019
Sources
5
Documents cited below
Where the FY2025 figure comes from
Source: SEC 8-K EX-99.1 Earnings Release (FY2025Q4, 0000100517-26-000014, filed 2026-01-20) ↗
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Adjusted Operating Margin (%) (%) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 8.4% | -1.2 pts | SEC 8-K EX-99.1 Earnings Release (FY2025Q4, 0000100517-26-000014, filed 2026-01-20) ↗ |
| FY2024 | Dec 31, 2024 | 9.6% | – | SEC 8-K EX-99.1 Earnings Release (FY2024, 0000100517-25-000013, filed 2025-01-21) ↗ |
| FY2022 | Dec 31, 2022 | -17.8% | +40.7 pts | SEC 8-K EX-99.1 Earnings Release (FY2022Q4, 0000100517-23-000016, filed 2023-01-17) ↗ |
| FY2021 | Dec 31, 2021 | -58.5% | 0.0 pts | SEC 8-K EX-99.1 Earnings Release (FY2021Q4, 0000100517-22-000004, filed 2022-01-19) ↗ |
| FY2020 | Dec 31, 2020 | -58.5% | -69.0 pts | SEC 8-K EX-99.1 Earnings Release (FY2020Q4, 0000100517-21-000005, filed 2021-01-20) ↗ |
| FY2019 | Dec 31, 2019 | 10.5% | – | SEC 8-K EX-99.1 Earnings Release (FY2020Q4, 0000100517-21-000005, filed 2021-01-20) ↗ |
Cite this data
StockData. (2026). United Airlines Adjusted Operating Margin (%), annual FY2019–FY2025 [Data set]. Compiled from United Airlines SEC filings and investor materials. https://stockdatahq.com/stocks/ual/kpis/er-adj-op-margin
See every metric in the United Airlines KPI table. Data updated Nov 3, 2026.