Why did United Airlines Holdings (UAL) stock move recently?

On 8/25/2026, United Airlines Holdings moved +3.4% — United Airlines announced its largest-ever international expansion, adding 10 new destinations (plus routes and resumed service) starting March 2027, which multiple sources tied directly to the day's gains. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is United Airlines Holdings (UAL) overvalued or fairly valued?

MarketChacha shows United Airlines Holdings's valuation in context — a trailing P/E of about 10.6, a forward P/E of about 7.4, a price-to-book of about 2.2 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does United Airlines Holdings's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.72×) from reported figures — education, not a rating.

What is United Airlines Holdings's revenue?

United Airlines Holdings reported revenue of $59.1B for FY2025, with net profit of $3.4B, per official filings.

What is the share price of United Airlines Holdings (UAL)?

United Airlines Holdings last traded at $111.38 (+2.5% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

United Airlines Holdings

UAL · NYSE · Industrials · United States

Snapshot

TickerUAL

ExchangeNYSE

SectorIndustrials

IndustryAirlines

CountryUnited States

Employees117,500

HeadquartersChicago, United States

Websitewww.united.com

Filings tracked12

About United Airlines Holdings

United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in the United States, Canada, Atlantic, the Pacific, and Latin America. It transports people and cargo through its mainline and regional fleets. The company also offers ground handling, flight academy, frequent flyer award non-travel redemptions, and maintenance services for third parties. In addition, it provides freight and mail transportation services to commercial businesses, freight forwarders, logistics firms, and national postal services, as well as loyalty programs. The company distributes its products through direct channels, such as the Company's website and the Company's mobile app; and traditional travel agencies, online travel agencies, and other intermediaries. The company was formerly known as United Continental Holdings, Inc. and changed its name to United Airlines Holdings, Inc. in June 2019. United Airlines Holdings, Inc. was incorporated in 1968 and is based in Chicago, Illinois.

Who owns it

Insiders0.6%
Institutions90.7%
Public & other8.7%

1,433 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.8.41%
Vanguard Capital Management LLC7.88%
FMR, LLC7.30%
Primecap Management Company6.17%
Sanders Capital, LLC5.63%
Vanguard Portfolio Management LLC5.31%
State Street Corporation4.42%
Capital World Investors4.26%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.72×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend4.9% → 5.7%

Margin has held broadly steady over the period — stable profitability.

Return on equity21.9%

Latest ROE of 21.9% — capital is generating a healthy return.

Growth qualityrev 5% · PAT 13%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $17.8B · EPS 3.88

Est. earnings growth +25.2%

Next fiscal year

Rev $71.0B · EPS 15.14

Est. earnings growth +49.2%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$59.1B

Net margin

5.7%

ROE

21.9%

Revenue CAGR (2y)

+4.9%

Profit CAGR (2y)

+13.2%

EPS (FY2025)

10.20

Net profit (FY2025)

$3.4B

Ask MarketChacha about UAL

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Aug 25, 2026
United Airlines announced its largest-ever international expansion, adding 10 new destinations (plus routes and resumed service) starting March 2027, which multiple sources tied directly to the day's gains.
source 1 ↗source 2 ↗source 3 ↗· confidence: high

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$59.1B	$3.4B	10.20	5.7%	21.9%
FY2024	$57.1B	$3.1B	9.45	5.5%	24.8%
FY2023	$53.7B	$2.6B	7.89	4.9%	28.1%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$17.7B	$805.0M	2.46	4.6%
2026Q1	$14.6B	$699.0M	2.14	4.8%
2025Q3	$15.2B	$949.0M	2.90	6.2%
2025Q2	$15.2B	$973.0M	2.97	6.4%
2025Q1	$13.2B	$387.0M	1.16	2.9%
2024Q3	$14.8B	$965.0M	2.90	6.5%
2024Q2	$15.0B	$1.3B	3.96	8.8%
2024Q1	$12.5B	$-124.0M	-0.38	-1.0%
2023Q3	$14.5B	$1.1B	3.42	7.9%
2023Q2	$14.2B	$1.1B	3.24	7.6%
2023Q1	$11.4B	$-194.0M	-0.59	-1.7%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC7/16/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC7/15/2026material
8-K — Shareholder vote results
SEC5/22/2026material
8-K — Reg FD disclosure, Exhibits
SEC4/27/2026material
10-Q filing
SEC4/22/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC4/21/2026material
10-K filing
SEC2/12/2026
8-K — Material agreement, Material financial obligation, Other events, Exhibits
SEC2/6/2026material
8-K — Material agreement, Material financial obligation, Other events, Exhibits
SEC2/2/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC1/20/2026material

2025

10-Q filing
SEC10/16/2025
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC10/15/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.