United Airlines Holdings Past Earnings Performance
Past criteria checks 3/6
United Airlines Holdings has been growing earnings at an average annual rate of 11.8%, while the Airlines industry saw earnings growing at 1.5% annually. Revenues have been growing at an average rate of 9.3% per year. United Airlines Holdings's return on equity is 29.3%, and it has net margins of 4.9%.
Key information
11.8%
Earnings growth rate
8.8%
EPS growth rate
| Airlines Industry Growth | 0.09% |
| Revenue growth rate | 9.3% |
| Return on equity | 29.3% |
| Net Margin | 4.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
United Airlines Stock Soars Despite Boeing Crisis Impact
Apr 17United Airlines: Buy The Dip Now And Fly First Class Later
Apr 11United Airlines' Growth To Be Throttled Back (Rating Downgrade)
Mar 11United Airlines: Big Path Forward
Feb 29United Airlines Holdings' (NASDAQ:UAL) Returns Have Hit A Wall
Feb 19
Here's What Analysts Are Forecasting For United Airlines Holdings, Inc. (NASDAQ:UAL) After Its Yearly Results
Jan 24United Airlines: Be Greedy When Others Are Fearful
Jan 24United Airlines Holdings, Inc.'s (NASDAQ:UAL) Earnings Haven't Escaped The Attention Of Investors
Jan 16Calculating The Intrinsic Value Of United Airlines Holdings, Inc. (NASDAQ:UAL)
Jan 01We Think United Airlines Holdings (NASDAQ:UAL) Is Taking Some Risk With Its Debt
Dec 04Is Now An Opportune Moment To Examine United Airlines Holdings, Inc. (NASDAQ:UAL)?
Nov 20Slowing Rates Of Return At United Airlines Holdings (NASDAQ:UAL) Leave Little Room For Excitement
Oct 06United Airlines Holdings, Inc. (NASDAQ:UAL) Shares Could Be 33% Above Their Intrinsic Value Estimate
Sep 22Should You Investigate United Airlines Holdings, Inc. (NASDAQ:UAL) At US$49.63?
Aug 22Is United Airlines Holdings (NASDAQ:UAL) Using Too Much Debt?
Aug 08United Airlines Holdings (NASDAQ:UAL) May Have Issues Allocating Its Capital
Jun 27Calculating The Fair Value Of United Airlines Holdings, Inc. (NASDAQ:UAL)
Jun 12Is Now The Time To Look At Buying United Airlines Holdings, Inc. (NASDAQ:UAL)?
May 13United Airlines Holdings (NASDAQ:UAL) Has A Somewhat Strained Balance Sheet
Apr 28The Returns On Capital At United Airlines Holdings (NASDAQ:UAL) Don't Inspire Confidence
Mar 08Is Now An Opportune Moment To Examine United Airlines Holdings, Inc. (NASDAQ:UAL)?
Jan 28United Airlines Holdings (NASDAQ:UAL) Takes On Some Risk With Its Use Of Debt
Jan 09Be Wary Of United Airlines Holdings (NASDAQ:UAL) And Its Returns On Capital
Nov 10United Airlines Q3 Earnings Preview: It Is All About Demand
Oct 18United Airlines: Ultra Fast Capacity Expansion Not Spotless, Massive Debt Looming
Oct 06United Airlines Holdings sees ~12% revenue growth in Q3 vs. pre pandemic levels
Sep 07Is United Airlines Holdings (NASDAQ:UAL) A Risky Investment?
Aug 29United Air CEO Teases Massive Aircraft Order
Aug 28United Airlines reports acquisition of shares by director
Jul 28Is United Airlines Stock A Buy Before Upcoming Earnings? Focus On Future Profitability
Jul 14United Airlines: Boeing 777 Is A CASM Winner
Jul 08United Airlines: Still Ready For Takeoff
Jun 28United Airlines Holdings (NASDAQ:UAL) is Guiding for an Impressive Recovery in 2022
Apr 26Revenue & Expenses BreakdownBeta
How United Airlines Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 54,827 | 2,688 | 2,275 | 0 |
| 31 Dec 23 | 53,717 | 2,618 | 2,198 | 0 |
| 30 Sep 23 | 52,491 | 2,861 | 2,005 | 0 |
| 30 Jun 23 | 50,884 | 2,666 | 1,971 | 0 |
| 31 Mar 23 | 48,818 | 1,920 | 1,877 | 0 |
| 31 Dec 22 | 44,955 | 737 | 1,700 | 0 |
| 30 Sep 22 | 40,747 | -752 | 1,435 | 0 |
| 30 Jun 22 | 35,620 | -1,221 | 1,171 | 0 |
| 31 Mar 22 | 28,979 | -1,984 | 917 | 0 |
| 31 Dec 21 | 24,634 | -1,964 | 776 | 0 |
| 30 Sep 21 | 19,854 | -3,215 | 609 | 0 |
| 30 Jun 21 | 14,593 | -5,529 | 444 | 0 |
| 31 Mar 21 | 10,597 | -6,722 | 336 | 0 |
| 31 Dec 20 | 15,355 | -7,069 | 546 | 0 |
| 30 Sep 20 | 22,831 | -4,531 | 1,008 | 0 |
| 30 Jun 20 | 31,722 | -1,666 | 1,387 | 0 |
| 31 Mar 20 | 41,649 | 1,013 | 1,798 | 0 |
| 31 Dec 19 | 43,259 | 3,009 | 1,863 | 0 |
| 30 Sep 19 | 42,862 | 2,829 | 1,841 | 0 |
| 30 Jun 19 | 42,485 | 2,638 | 1,836 | 0 |
| 31 Mar 19 | 41,860 | 2,269 | 1,787 | 0 |
| 31 Dec 18 | 41,303 | 2,122 | 1,769 | 0 |
| 30 Sep 18 | 40,263 | 2,240 | 1,733 | 0 |
| 30 Jun 18 | 39,159 | 2,052 | 1,683 | 0 |
| 31 Mar 18 | 38,390 | 2,190 | 1,675 | 0 |
| 31 Dec 17 | 37,784 | 2,143 | 1,652 | 0 |
| 30 Sep 17 | 37,385 | 1,962 | 1,617 | 0 |
| 30 Jun 17 | 37,399 | 2,282 | 1,585 | 0 |
| 31 Mar 17 | 36,787 | 2,049 | 1,539 | 0 |
| 31 Dec 16 | 36,558 | 2,234 | 1,615 | 0 |
| 30 Sep 16 | 36,540 | 2,689 | 1,504 | 0 |
| 30 Jun 16 | 36,933 | 6,540 | 1,525 | 0 |
| 31 Mar 16 | 37,451 | 7,145 | 1,534 | 0 |
| 31 Dec 15 | 37,864 | 7,340 | 1,543 | 0 |
| 30 Sep 15 | 38,141 | 6,545 | 1,539 | 0 |
| 30 Jun 15 | 38,398 | 2,653 | 1,548 | 0 |
| 31 Mar 15 | 38,813 | 2,249 | 1,546 | 0 |
| 31 Dec 14 | 38,901 | 1,132 | 1,552 | 0 |
| 30 Sep 14 | 38,917 | 1,245 | 1,555 | 0 |
| 30 Jun 14 | 38,582 | 699 | 1,557 | 0 |
| 31 Mar 14 | 38,254 | 379 | 1,558 | 0 |
| 31 Dec 13 | 38,279 | 571 | 1,568 | 0 |
| 30 Sep 13 | 37,652 | -190 | 1,520 | 0 |
| 30 Jun 13 | 37,333 | -562 | 1,499 | 0 |
Quality Earnings: UAL has a large one-off loss of $1.0B impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: UAL's current net profit margins (4.9%) are higher than last year (3.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: UAL's earnings have grown by 11.8% per year over the past 5 years.
Accelerating Growth: UAL's earnings growth over the past year (40%) exceeds its 5-year average (11.8% per year).
Earnings vs Industry: UAL earnings growth over the past year (40%) did not outperform the Airlines industry 106.6%.
Return on Equity
High ROE: Whilst UAL's Return on Equity (29.26%) is high, this metric is skewed due to their high level of debt.