UAL United Airlines Holdings PE ratio, current and historical analysis
The PE ratio for United Airlines Holdings stock stands at 11.43 as of Feb 21, 2025. This is calculated based on the TTM EPS of $8.39 and the stock price of $95.89 per share. An increase of 96% has been observed in the PE ratio compared to its average of 5.8 of the past four quarters.
UAL PE ratio history
Over the last ten years, the average PE ratio of United Airlines Holdings has been 7.97. The current 11.43 price-to-earnings ratio is 43% 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.
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 |
|---|---|---|---|---|
| 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 |
| 2009 | N/A | N/A | $12.91 | -$4.32 |
United Airlines Holdings PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| Jun 2021 | N/A | N/A | $52.29 | -$18.35 |
| Mar 2021 | N/A | N/A | $57.54 | -$22.8 |
UAL average PE ratio chart
Currently, UAL's PE ratio is higher than the 3, 5 and 10-year averages.
UAL PE vs 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 11.43 is less than the average of its peers, which is 19.13.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DAL Delta Air Lines Inc | 11.13 | $38.76B |
| UAL United Airlines Holdings Inc | 11.43 | $31.54B |
| AAL American Airlines Group Inc | 11.81 | $10.01B |
| SKYW Skywest Inc | 12.05 | $3.9B |
| ALK Alaska Air Group Inc | 22.42 | $8.64B |
| LUV Southwest Airlines Co | 38.22 | $17.67B |
| JBLU Jetblue Airways Corp | N/A | $2.47B |
| ALGT Allegiant Travel CO | N/A | $1.5B |
Frequently asked questions
What is United Airlines Holdings's PE ratio?
The price to earnings ratio for UAL stock as of Feb 21, 2025, stands at 11.43.
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 7.38.
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 7.49.
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 43% higher than the 10-year historical average.
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 (Feb 21, 2025), United Airlines Holdings's share price is $95.89. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $8.39. Therefore, United Airlines Holdings's price to earnings ratio for today is 11.43. PE RATIO(11.43) = STOCK PRICE($95.89) / TTM EPS($8.39)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.