UAL United Airlines Holdings PE ratio, current and historical analysis
The PE ratio for United Airlines Holdings stock stands at 6.11 as of Apr 23, 2025. This is calculated based on the TTM EPS of $11.13 and the stock price of $68.03 per share. A decrease of 15% has been observed in the PE ratio compared to its average of 7.1 of the past four quarters.
UAL PE ratio history
Over the last ten years, the average PE ratio of United Airlines Holdings has been 7.87. The current 6.11 price-to-earnings ratio is 22% less than the historical average. Analyzing the last ten years, UAL's PE ratio reached its highest point in the Dec 2022 quarter at 16.68, with a price of $37.7 and an EPS of $2.26. The Jun 2016 quarter saw the lowest point at 2.3, with a price of $41.04 and an EPS of $17.82.
United Airlines Holdings PE ratio by year
Maximum annual increase: 266.33% in 2016
Maximum annual decrease: -86.59% in 2015
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 10.14 | 96.13% | $97.1 | $9.58 |
| 2023 | 5.17 | -69% | $41.26 | $7.98 |
| 2022 | 16.68 | N/A | $37.7 | $2.26 |
| 2021 | N/A | N/A | $43.78 | -$6.1 |
| 2020 | N/A | N/A | $43.25 | -$25.3 |
| 2019 | 7.57 | -30.36% | $88.09 | $11.63 |
| 2018 | 10.87 | 14.18% | $83.73 | $7.7 |
| 2017 | 9.52 | -11.61% | $67.4 | $7.08 |
| 2016 | 10.77 | 266.33% | $72.88 | $6.77 |
| 2015 | 2.94 | -86.59% | $57.3 | $19.52 |
| 2014 | 21.93 | -4.94% | $66.89 | $3.05 |
| 2013 | 23.07 | N/A | $37.83 | $1.64 |
| 2012 | N/A | N/A | $23.38 | -$2.18 |
| 2011 | 7.43 | -61.94% | $18.87 | $2.54 |
| 2010 | 19.52 | N/A | $23.82 | $1.22 |
United Airlines Holdings PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 6.2 | -38.86% | $69.05 | $11.13 |
| Dec 2024 | 10.14 | 49.12% | $97.1 | $9.58 |
| Sep 2024 | 6.8 | 24.77% | $57.06 | $8.39 |
| Jun 2024 | 5.45 | -6.84% | $48.66 | $8.93 |
| Mar 2024 | 5.85 | 13.15% | $47.88 | $8.19 |
| Dec 2023 | 5.17 | 7.04% | $41.26 | $7.98 |
| Sep 2023 | 4.83 | -28.13% | $42.3 | $8.75 |
| Jun 2023 | 6.72 | -10.52% | $54.87 | $8.16 |
| Mar 2023 | 7.51 | -54.98% | $44.25 | $5.89 |
| Dec 2022 | 16.68 | N/A | $37.7 | $2.26 |
| Sep 2022 | N/A | N/A | $32.53 | -$2.35 |
| Jun 2022 | N/A | N/A | $35.42 | -$3.77 |
| Mar 2022 | N/A | N/A | $46.36 | -$6.12 |
| Dec 2021 | N/A | N/A | $43.78 | -$6.1 |
| Sep 2021 | N/A | N/A | $47.57 | -$10.56 |
UAL average PE ratio chart
Currently, UAL's PE ratio is under its 3, 5 and 10-year averages.
UAL PE vs peers
UAL's PE ratio is below its peer stocks DAL and LUV. United Airlines Holdings's current PE ratio of 6.11 is less than the average of its peers, which is 14.56.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UAL United Airlines Holdings Inc | 6.11 | $22.22B |
| AAL American Airlines Group Inc | 7.22 | $6.13B |
| DAL Delta Air Lines Inc | 7.26 | $27.03B |
| SKYW Skywest Inc | 10.85 | $3.51B |
| ALK Alaska Air Group Inc | 14.73 | $5.68B |
| LUV Southwest Airlines Co | 32.72 | $15.12B |
| JBLU Jetblue Airways Corp | N/A | $1.37B |
| ALGT Allegiant Travel CO | N/A | $836.41M |
Frequently asked questions
What is United Airlines Holdings's PE ratio?
The price to earnings ratio for UAL stock as of Apr 23, 2025, stands at 6.11.
What is the 3-year average PE ratio for United Airlines Holdings (UAL)?
Over the last 3 years, the average PE ratio for UAL stock is 7.54.
What is the 5-year average PE ratio for United Airlines Holdings (UAL)?
Over the last 5 years, the average PE ratio for UAL stock is 7.54.
What is the highest PE ratio for UAL?
The highest quarterly PE ratio in the last ten years has been 16.68 and it was in the Dec 2022 quarter.
How does the current PE ratio for UAL compare to its historical average?
The current PE ratio of UAL is 22% lower than the 10-year historical average.
Why is United Airlines Holdings's PE ratio so low?
UAL's PE ratio of 6.11 is considered low because the company's stock price is trading at a lower multiple of earnings.
How is UAL's PE ratio calculated (United Airlines Holdings PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Apr 23, 2025), United Airlines Holdings's share price is $68.03. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $11.13. Therefore, United Airlines Holdings's price to earnings ratio for today is 6.11. PE RATIO(6.11) = STOCK PRICE($68.03) / TTM EPS($11.13)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.