United Airlines Holdings, Inc. (UAL) stock
UALNasdaqAir Transportation, ScheduledFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 21, 2026Score 11/3021% below fair value
$109.31−1.94 (-1.74%)
Close on Nov 13, 2026Market cap $35.51BP/E 10.0Yield –
United Airlines ebitda
EBITDA is earnings before interest, taxes, depreciation and amortization, a rough measure of cash profit from operations.
United Airlines's ebitda for the twelve months ending Sep 30, 2026 was $7.97B, up 2.4% year over year. For fiscal 2025 it was $7.65B, down 4.6% from the year before. Over ten years it grew 0.9% a year on average. The highest annual figure on record is $8.02B in fiscal 2024.
Annual ebitda
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $7.65B | -4.6% |
| FY2024 | Dec 31, 2024 | $8.02B | +16.6% |
| FY2023 | Dec 31, 2023 | $6.88B | +43.6% |
| FY2022 | Dec 31, 2022 | $4.79B | +227.6% |
| FY2021 | Dec 31, 2021 | $1.46B | – |
| FY2020 | Dec 31, 2020 | -$3.87B | -158.7% |
| FY2019 | Dec 31, 2019 | $6.59B | +22.2% |
| FY2018 | Dec 31, 2018 | $5.39B | -5.6% |
| FY2017 | Dec 31, 2017 | $5.71B | -9.6% |
| FY2016 | Dec 31, 2016 | $6.32B | -9.5% |
| FY2015 | Dec 31, 2015 | $6.99B | +72.4% |
| FY2014 | Dec 31, 2014 | $4.05B | +37.9% |
| FY2013 | Dec 31, 2013 | $2.94B | +88.2% |
| FY2012 | Dec 31, 2012 | $1.56B | -53.7% |
| FY2011 | Dec 31, 2011 | $3.37B | +63.9% |
| FY2010 | Dec 31, 2010 | $2.06B | +171.8% |
| FY2009 | Dec 31, 2009 | $756.00M | – |
| FY2008 | Dec 31, 2008 | -$3.49B | – |
Quarterly ebitda
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $2.22B | +4.6% |
| Q2 FY2026 | Jun 30, 2026 | $1.86B | -9.7% |
| Q1 FY2026 | Mar 31, 2026 | $1.75B | +31.4% |
| Q4 FY2025 | Dec 31, 2025 | $2.13B | -5.7% |
| Q3 FY2025 | Sep 30, 2025 | $2.13B | -7.9% |
| Q2 FY2025 | Jun 30, 2025 | $2.06B | -22.3% |
| Q1 FY2025 | Mar 31, 2025 | $1.33B | +65.3% |
| Q4 FY2024 | Dec 31, 2024 | $2.26B | +34.5% |
| Q3 FY2024 | Sep 30, 2024 | $2.31B | -4.0% |
| Q2 FY2024 | Jun 30, 2024 | $2.65B | +21.1% |
| Q1 FY2024 | Mar 31, 2024 | $807.00M | +31.9% |
| Q4 FY2023 | Dec 31, 2023 | $1.68B | -15.9% |
| Q3 FY2023 | Sep 30, 2023 | $2.40B | +16.2% |
| Q2 FY2023 | Jun 30, 2023 | $2.19B | +46.8% |
| Q1 FY2023 | Mar 31, 2023 | $612.00M | – |
| Q4 FY2022 | Dec 31, 2022 | $2.00B | +848.3% |
| Q3 FY2022 | Sep 30, 2022 | $2.07B | +24.6% |
| Q2 FY2022 | Jun 30, 2022 | $1.49B | +325.4% |
| Q1 FY2022 | Mar 31, 2022 | -$765.00M | – |
| Q4 FY2021 | Dec 31, 2021 | $211.00M | – |
| Q3 FY2021 | Sep 30, 2021 | $1.66B | – |
| Q2 FY2021 | Jun 30, 2021 | $350.00M | – |
| Q1 FY2021 | Mar 31, 2021 | -$758.00M | – |
| Q4 FY2020 | Dec 31, 2020 | -$1.51B | -202.7% |
| Q3 FY2020 | Sep 30, 2020 | -$989.00M | -148.3% |
| Q2 FY2020 | Jun 30, 2020 | -$1.02B | -150.1% |
| Q1 FY2020 | Mar 31, 2020 | -$357.00M | -134.3% |
| Q4 FY2019 | Dec 31, 2019 | $1.47B | +23.0% |
| Q3 FY2019 | Sep 30, 2019 | $2.05B | +18.2% |
| Q2 FY2019 | Jun 30, 2019 | $2.03B | +20.7% |
| Q1 FY2019 | Mar 31, 2019 | $1.04B | +32.6% |
| Q4 FY2018 | Dec 31, 2018 | $1.19B | -5.5% |
| Q3 FY2018 | Sep 30, 2018 | $1.73B | +2.2% |
| Q2 FY2018 | Jun 30, 2018 | $1.68B | -14.7% |
| Q1 FY2018 | Mar 31, 2018 | $786.00M | -6.2% |
| Q4 FY2017 | Dec 31, 2017 | $1.26B | -16.4% |
| Q3 FY2017 | Sep 30, 2017 | $1.69B | – |
| Q2 FY2017 | Jun 30, 2017 | $1.97B | – |
| Q1 FY2017 | Mar 31, 2017 | $838.00M | – |
| Q4 FY2016 | Dec 31, 2016 | $1.51B | – |
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