The Returns At United Airlines Holdings (NASDAQ:UAL) Aren't Growing
Jun 30
U.S. Airlines Industry Analysis
UpdatedJun 30, 2024
DataAggregated Company Financials
Companies18
- 7D-1.1%
- 3M-2.3%
- 1Y-16.5%
- YTD6.9%
Over the last 7 days, the Airlines industry has dropped 1.1%, driven by Delta Air Lines declining 3.9%. The industry has fallen 17% in the last year. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the U.S. Airlines Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 30 Jun 2024 | US$85.6b | US$180.8b | US$7.1b | 12.5x | 12.1x | 0.5x |
| Tue, 28 May 2024 | US$88.4b | US$180.8b | US$7.0b | 11.2x | 12.6x | 0.5x |
| Thu, 25 Apr 2024 | US$91.2b | US$192.5b | US$7.4b | 9.2x | 12.3x | 0.5x |
| Sat, 23 Mar 2024 | US$86.2b | US$190.7b | US$7.3b | 10.2x | 11.8x | 0.5x |
| Mon, 19 Feb 2024 | US$85.3b | US$190.8b | US$7.2b | 11.4x | 11.8x | 0.4x |
| Wed, 17 Jan 2024 | US$79.9b | US$191.6b | US$7.2b | 9.4x | 11x | 0.4x |
| Fri, 15 Dec 2023 | US$82.6b | US$190.8b | US$6.0b | 10.5x | 13.7x | 0.4x |
| Sun, 12 Nov 2023 | US$67.1b | US$190.7b | US$6.2b | 10.1x | 10.9x | 0.4x |
| Tue, 10 Oct 2023 | US$72.8b | US$186.0b | US$6.5b | 10.4x | 11.2x | 0.4x |
| Thu, 07 Sep 2023 | US$84.6b | US$186.1b | US$6.5b | 11x | 13x | 0.5x |
| Sat, 05 Aug 2023 | US$92.6b | US$188.0b | US$6.2b | 12.1x | 15x | 0.5x |
| Mon, 03 Jul 2023 | US$101.5b | US$183.2b | US$4.0b | 24.1x | 25.4x | 0.6x |
| Wed, 31 May 2023 | US$81.4b | US$171.6b | US$3.2b | 22.7x | 25.5x | 0.5x |
| Fri, 28 Apr 2023 | US$76.0b | US$169.8b | US$2.9b | 16.1x | 26.5x | 0.4x |
| Sun, 26 Mar 2023 | US$72.4b | US$160.9b | US$972.1m | 18.4x | 74.5x | 0.4x |
| Tue, 21 Feb 2023 | US$87.1b | US$160.9b | US$1.3b | 20.3x | 69x | 0.5x |
| Thu, 19 Jan 2023 | US$88.0b | US$153.0b | -US$24,567,000.00 | 14.5x | -3580.3x | 0.6x |
| Sat, 17 Dec 2022 | US$78.2b | US$149.1b | -US$1,153,426,000.00 | 18.5x | -67.8x | 0.5x |
| Mon, 14 Nov 2022 | US$85.2b | US$148.7b | -US$1,232,866,000.00 | 19.4x | -69.1x | 0.6x |
| Wed, 12 Oct 2022 | US$69.2b | US$134.5b | -US$612,797,000.00 | 18.6x | -113x | 0.5x |
| Fri, 09 Sep 2022 | US$81.1b | US$134.5b | -US$612,797,000.00 | 22.3x | -132.4x | 0.6x |
| Sun, 07 Aug 2022 | US$84.3b | US$133.7b | -US$749,618,000.00 | 20.2x | -112.4x | 0.6x |
| Tue, 05 Jul 2022 | US$77.1b | US$114.3b | -US$1,468,660,000.00 | 15.4x | -52.5x | 0.7x |
| Thu, 02 Jun 2022 | US$93.9b | US$114.3b | -US$1,468,660,000.00 | 17.4x | -63.9x | 0.8x |
| Sat, 30 Apr 2022 | US$101.6b | US$112.9b | -US$1,342,061,000.00 | 20.6x | -75.7x | 0.9x |
| Mon, 28 Mar 2022 | US$91.8b | US$92.0b | -US$831,426,000.00 | 18.8x | -110.4x | 1x |
| Wed, 23 Feb 2022 | US$101.8b | US$97.9b | -US$1,068,105,170.00 | 20.3x | -95.3x | 1x |
| Fri, 21 Jan 2022 | US$97.5b | US$90.4b | -US$3,331,173,170.00 | 30.9x | -29.3x | 1.1x |
| Sun, 19 Dec 2021 | US$69.5b | US$55.8b | -US$4,853,702,170.00 | 28.6x | -14.3x | 1.2x |
| Tue, 16 Nov 2021 | US$83.8b | US$55.3b | -US$4,856,027,170.00 | 30.4x | -17.3x | 1.5x |
| Thu, 14 Oct 2021 | US$84.9b | US$42.3b | -US$10,226,530,170.00 | 29.5x | -8.3x | 2x |
| Sat, 11 Sep 2021 | US$80.2b | US$42.4b | -US$10,247,461,197.00 | 25.6x | -7.8x | 1.9x |
| Mon, 09 Aug 2021 | US$76.9b | US$42.4b | -US$10,107,388,782.00 | 23.8x | -7.6x | 1.8x |
Price to Earnings Ratio
-8.1x
Current Industry PE
- Investors are pessimistic on the American Airlines industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 12.1x which is higher than its 3-year average PE of -39.1x.
- The industry is trading close to its 3-year average PS ratio of 0.75x.
Past Earnings Growth
- Total earnings for the Airlines industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 63% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Industrials industry?
| US Market | 0.074% | |
| Industrials | -0.64% | |
| Airlines | -1.06% | |
| Airlines | -1.06% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| UAL United Airlines Holdings | US$48.66 | 1.0% +US$157.8m | -11.3% | PE6x | |
| LUV Southwest Airlines | US$28.61 | 0.9% +US$149.6m | -21.0% | PE43.6x | |
| UP Wheels Up Experience | US$1.89 | 11.8% +US$139.5m | 61.5% | PS1.2x | |
| JBLU JetBlue Airways | US$6.09 | 6.1% +US$119.0m | -31.3% | PS0.2x | |
| SKYW SkyWest | US$82.07 | 3.3% +US$105.9m | 101.5% | PE28.3x |
