UAL

BuyUnloved QualityAI neutral

United Airlines Holdings, Inc. · Industrials · United States · $31.8B cap · $464.1M/day traded

$97.93 -4.0% · close 23 Oct · scored 24 Oct

StockRank down 2.4 since 23 Oct: Momentum down 3 after a 4% price fall.

Unloved Quality: Strong and cheap; the market has not turned yet.

66
StockRank
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Reported 21 Oct: the next-year EPS estimate fell 5.5% across the report (snapshots of 18 Oct and 25 Oct).

Quality
54
Value
68
Momentum
38

As of 24 Oct 2026, MoatMap's StockRank for United Airlines Holdings, Inc. (UAL) is 66/100, ranked against 24,000+ stocks in 35 markets (Quality 54, Value 68, Momentum 38, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
9.0x
peers 25.9x
ROE
22.3%
peers 8.9%
D/E
1.9x
peers 0.6x
Dividend %
—
trailing yield
AI CONVICTION THESIS

United Airlines has a strong international network and loyalty programme, and analysts at Redburn remain positive. It is buying back shares and has taken delivery of more fuel-efficient engines. However, airlines are capital-intensive, cyclical and highly exposed to fuel prices. With crude near $100 and jet fuel tracking record diesel prices, fuel costs are rising, and forward estimates were cut 4.3% in the past month. Insiders have also been small net sellers.

ABOUT UNITED AIRLINES HOLDINGS, INC.

Read

United Airlines Holdings, Inc. is a major American airline providing air transportation services for passengers and cargo worldwide through extensive domestic and international route networks. As one of the largest global airlines, it benefits from valuable airport slot allocations, extensive hub-and-spoke networks, and participation in the Star Alliance, which provides broad reach and customer loyalty. United is a legacy carrier with a significant global presence, continuously investing in fleet modernization and service.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue45.0B53.7B57.1B59.1B9.5%65.6B68.7B73.4B11.5%
EPS2.257.989.6010.3266.0%10.926.9611.626.1%
Shares326.9M328.0M327.9M323.5M-1.1%324.9M———
Debt36.4B36.7B33.6B31.0B-5.2%34.3B———
Equity6.9B9.3B12.7B15.3B30.4%————
Op CF6.1B6.9B9.4B8.4B11.6%8.2B———
Inv CF-13.8B-6.1B-2.7B-6.3B—————
Fin CF-3.3B-1.9B-4.2B-4.9B—————
Loading 1Y...
PRICE (1Y) · USD-10.1%
95.610110511011514 Sep5 Oct23 Oct
SMA 50SMA 200

Price checkNo clear trendExperimental

No clear trend: not near its 52-week low, and not in a steady uptrend.

SwingsBumpy

Swung more than 61% of stocks we rank over the past year (48% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$97.93
RSI (14)
31.9
52-Week Range-29.4% from high
Low $84.64High $138.77

SCORE BREAKDOWN

Quality
54
ROIC
11.1%60.5
ROE
22.3%88.3
GP/Assets
26.5%72.1
Op. Margin
7.0%39.2
FCF/Assets
3.3%51.3
Piotroski
776.0
Int. Cover
5.0x38.2
D/E Ratio
1.93x6.9
Current Ratio
0.75x6.2
Value
68
P/E (TTM)
9.0x85.7
EV/EBITDA
7.3x76.4
P/FCF
12.5x67.0
P/B
1.8x50.9
P/S
0.5x81.0
Div Yield
—N/A
Momentum
38
52W High %
71%49.3
RS 6M
-2%61.1
SMA 50/200
1.01x59.2
EPS Rev 4W
-13.3%1.9
EPS Rev 12W
-17.9%4.4
EPS Improve
+9%31.5
Q Growth
8%23.3

FUNDAMENTALS

Market Cap
$31.8B
P/E (Forward)
8.2x
Gross Margin
30.9%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of UAL are excluded.

TickerCompanyMkt CapStockRankSignal
UALUnited Airlines Holdings, Inc.(you)$31.8B66Buy
DALDelta Air Lines, Inc.$50.5B60Hold
LUVSouthwest Airlines Co.$20.4B44Hold
SKYWSkyWest, Inc.$3.6B68Buy
AALAmerican Airlines Group Inc.$8.0B30Sell
RJETRepublic Airways Holdings Inc.$793M53Hold
ALGTAllegiant Travel Company$1.8B30Sell
ALKAlaska Air Group, Inc.$3.8B15Strong Sell
EMEEMCOR Group, Inc.$28.6B63Hold
VRSKVerisk Analytics, Inc.$25.5B69Buy

Peer medians: ROE 8.9% · P/E 25.9x · Gross margin 29.2%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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United Airlines Holdings, Inc. (UAL): Stock Score Summary

United Airlines Holdings, Inc. (UAL) has a MoatMap StockRank of 66/100 based on Quality (54/100), Value (68/100), and Momentum (38/100) factor scores. The current signal is BUY. United Airlines has a strong international network and loyalty programme, and analysts at Redburn remain positive. It is buying back shares and has taken delivery of more fuel-efficient engines. However, airlines are capital-intensive, cyclical and highly exposed to fuel prices. With crude near $100 and jet fuel tracking record diesel prices, fuel costs are rising, and forward estimates were cut 4.3% in the past month. Insiders have also been small net sellers.

United Airlines Holdings, Inc. is a major American airline providing air transportation services for passengers and cargo worldwide through extensive domestic and international route networks. As one of the largest global airlines, it benefits from valuable airport slot allocations, extensive hub-and-spoke networks, and participation in the Star Alliance, which provides broad reach and customer loyalty. United is a legacy carrier with a significant global presence, continuously investing in fleet modernization and service.

Key Financial Metrics

Price$97.93
Market Cap$31.8B
P/E (TTM)8.97
P/E (Forward)8.19
Price/Book1.79
Return on Equity22.3%
Return on Invested Capital11.1%
Debt/Equity1.93x
Gross Margin30.9%
Operating Margin7.0%
Revenue Growth17.4%
Free Cash Flow$2.5B

United Airlines Holdings, Inc. operates in the Airlines industry, part of the Industrials sector (United States).

Frequently Asked Questions

What is United Airlines Holdings, Inc.’s (UAL) StockRank?
MoatMap’s StockRank for United Airlines Holdings, Inc. (UAL) is 66/100, with a Buy signal. It is a composite of Quality (54), Value (68), and Momentum (38), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does United Airlines Holdings, Inc. have an economic moat?
United Airlines Holdings, Inc. (UAL) has a Quality factor score of 54/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is United Airlines Holdings, Inc. a buy, hold, or sell?
MoatMap’s current signal for United Airlines Holdings, Inc. (UAL) is Buy, based on a StockRank of 66/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is United Airlines Holdings, Inc. in?
United Airlines Holdings, Inc. (UAL) operates in the Industrials sector, specifically the Airlines industry (United States).