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Market Cap

US$18.3b

Last Updated

2021/04/13 22:39 UTC

Data Sources

Company Financials +

Executive Summary

United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. More Details


Snowflake Analysis

Exceptional growth potential with worrying balance sheet.


Similar Companies

Share Price & News

How has United Airlines Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: UAL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: UAL's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-4.7%

UAL

-2.4%

US Airlines

1.3%

US Market


1 Year Return

83.4%

UAL

96.8%

US Airlines

53.9%

US Market

Return vs Industry: UAL underperformed the US Airlines industry which returned 96.8% over the past year.

Return vs Market: UAL exceeded the US Market which returned 53.9% over the past year.


Shareholder returns

UALIndustryMarket
7 Day-4.7%-2.4%1.3%
30 Day0.7%0.7%2.8%
90 Day27.5%31.0%6.6%
1 Year83.4%83.4%96.8%96.8%56.6%53.9%
3 Year-15.9%-15.9%4.5%2.4%62.7%52.3%
5 Year-2.4%-2.4%13.7%10.0%120.5%95.9%

Long-Term Price Volatility Vs. Market

How volatile is United Airlines Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is United Airlines Holdings undervalued compared to its fair value and its price relative to the market?

2.96x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: UAL ($56.66) is trading above our estimate of fair value ($36.07)

Significantly Below Fair Value: UAL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: UAL is unprofitable, so we can't compare its PE Ratio to the XX Airlines industry average.

PE vs Market: UAL is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate UAL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: UAL is overvalued based on its PB Ratio (3x) compared to the US Airlines industry average (2.4x).


Future Growth

How is United Airlines Holdings forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

81.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UAL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: UAL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: UAL's is expected to become profitable in the next 3 years.

Revenue vs Market: UAL's revenue (22.9% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: UAL's revenue (22.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UAL's Return on Equity is forecast to be high in 3 years time (28.4%)


Past Performance

How has United Airlines Holdings performed over the past 5 years?

-50.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UAL is currently unprofitable.

Growing Profit Margin: UAL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: UAL is unprofitable, and losses have increased over the past 5 years at a rate of 50.7% per year.

Accelerating Growth: Unable to compare UAL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: UAL is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (-23.8%).


Return on Equity

High ROE: UAL has a negative Return on Equity (-118.61%), as it is currently unprofitable.


Financial Health

How is United Airlines Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: UAL's short term assets ($14.8B) exceed its short term liabilities ($12.7B).

Long Term Liabilities: UAL's short term assets ($14.8B) do not cover its long term liabilities ($40.9B).


Debt to Equity History and Analysis

Debt Level: UAL's debt to equity ratio (448.8%) is considered high.

Reducing Debt: UAL's debt to equity ratio has increased from 121.8% to 448.8% over the past 5 years.

Debt Coverage: UAL's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if UAL's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is United Airlines Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate UAL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate UAL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if UAL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if UAL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of UAL's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average management tenure


CEO

J. Kirby (53 yo)

0.92

Tenure

US$16,779,485

Compensation

Mr. J. Scott Kirby has been Chief Executive Officer of United Airlines Inc. since May 20, 2020 and served as its President. He has been Chief Executive Officer and Director of United Airlines Holdings, Inc...


CEO Compensation Analysis

Compensation vs Market: J.'s total compensation ($USD16.78M) is above average for companies of similar size in the US market ($USD10.98M).

Compensation vs Earnings: J.'s compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: UAL's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: UAL's board of directors are considered experienced (5.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: UAL insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 30.9%.


Top Shareholders

Company Information

United Airlines Holdings, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: United Airlines Holdings, Inc.
  • Ticker: UAL
  • Exchange: NasdaqGS
  • Founded: NaN
  • Industry: Airlines
  • Sector: Transportation
  • Market Cap: US$18.334b
  • Shares outstanding: 323.58m
  • Website: https://www.united.com

Number of Employees


Location

  • United Airlines Holdings, Inc.
  • 233 South Wacker Drive
  • Chicago
  • Illinois
  • 60606
  • United States

Listings


Biography

United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transport...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/13 22:39
End of Day Share Price2021/04/13 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.