UAL United Airlines Holdings PE ratio, current and historical analysis

The PE ratio for United Airlines Holdings stock stands at 8.36 as of Aug 1, 2025. This is calculated based on the TTM EPS of $10.11 and the stock price of $84.57 per share. An increase of 8% has been observed in the PE ratio compared to its average of 7.8 of the past four quarters.

UAL PE ratio history

How has UAL's PE ratio performed in the past

Over the last ten years, the average PE ratio of United Airlines Holdings has been 7.89. The current 8.36 price-to-earnings ratio is 6% more 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.

Today
8.36
Average
7.89
Median
8.02
Minimum
2.3
Maximum
16.68

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
Jun 2025 7.88 27.1% $79.63 $10.11
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

UAL Price vs fair value

How does UAL's price compare to its estimated fair value based on its growth

UAL average PE ratio chart

What is the average PE ratio of UAL for the past years

Currently, UAL's PE ratio is higher than the 3, 5 and 10-year averages.

3-year avg
7.57
5-year avg
7.57
10-year avg
7.89
15-year avg
11.45

UAL PE vs peers

What is UAL's PE ratio compared to its peers

UAL's PE ratio is less than its peer stocks LUV and AAL, but it is above DAL's. United Airlines Holdings's current PE ratio of 8.36 is less than the average of its peers, which is 18.48.

Stock name PE ratio Market cap
DAL Delta Air Lines Inc 7.37 $33.4B
UAL United Airlines Holdings Inc 8.36 $27.38B
SKYW Skywest Inc 10.8 $4.41B
AAL American Airlines Group Inc 12.83 $7.28B
ALK Alaska Air Group Inc 18.22 $6.24B
LUV Southwest Airlines Co 43.19 $15.65B
JBLU Jetblue Airways Corp N/A $1.55B
ALGT Allegiant Travel CO N/A $878.42M

Frequently asked questions

What is United Airlines Holdings's PE ratio?

The price to earnings ratio for UAL stock as of Aug 1, 2025, stands at 8.36.

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 7.57.

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 7.57.

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 6% higher than the 10-year historical average.

Why is United Airlines Holdings's PE ratio so low?

UAL's PE ratio of 8.36 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 (Aug 1, 2025), United Airlines Holdings's share price is $84.57. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2025 is $10.11. Therefore, United Airlines Holdings's price to earnings ratio for today is 8.36. PE RATIO(8.36) = STOCK PRICE($84.57) / TTM EPS($10.11)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.