UAL
United Airlines Holdings, Inc.
NasdaqGSUSDEQUITY
Industrials
DELAYED
Last price
113.28
▲ 1.57 (1.41%)
MARKET · —
Price
Open
112.05
Prev close
111.71
Day high
114.50
Day low
112.40
Volume
2.94M
Market cap
$36.73B
P/E (TTM)
10.46
52W range
84.64 – 138.77
Trailing performance
Returnvs SPY
1W
-9.71%
-8.3%
1M
-1.89%
-5.6%
3M
+13.58%
+10.5%
6M
+0.12%
-10.9%
YTD
+1.21%
-11.1%
1Y
+13.35%
-6.6%
3Y
+123.13%
+49.0%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$36.73B
Enterprise value$53.76B
Revenue (TTM)$62.90B
Gross profit$20.01B
EBITDA$7.09B
Net income$3.50B
EPS (TTM)$10.82
Free cash flow$910.12M
Total cash$16.64B
Total debt$33.67B
Book value / share$51.44
Shares outstanding324.57M
Float321.95M
Short % of float7.30%
Dividend yield—
Beta (5Y)1.29
Valuation & profitability ratios
Trailing P/E10.46
Forward P/E7.33
PEG ratio6.50
Price / sales—
Price / book2.20
EV / revenue0.86
EV / EBITDA7.58
Gross margin31.82%
Operating margin5.53%
Profit margin5.56%
Return on equity23.25%
Return on assets3.38%
Debt / equity201.64
Current ratio0.78
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $59.07B | $57.06B | $53.72B | $44.95B |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $3.35B | $3.15B | $2.62B | $737.00M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $3.35B | $3.15B | $2.62B | $737.00M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 1.85 | 1.99 | +7.6% |
| Mar 2026 | 1.08 | 1.19 | +10.0% |
| Dec 2025 | 2.94 | 3.10 | +5.4% |
| Sep 2025 | 2.68 | 2.78 | +3.8% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 3.18 | 20 | $17.82B | +17.1% |
| Next quarter | 3.97 | 19 | $17.78B | +15.5% |
| Current year | 10.32 | 23 | $67.64B | +14.5% |
| Next year | 15.44 | 23 | $71.05B | +5.0% |
Analyst targets & ownership
Mean target$161.85
High target$205.00
Low target$95.00
Implied upside42.87%
Analyst count23
ConsensusSTRONG BUY
Strong buy / Buy4 / 19
Hold1
Sell / Strong sell0 / 1
Held by insiders0.60%
Held by institutions90.89%
Institutions holding1.43K
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
+377.27K
Net buying
Buy transactions
18
700.28K shares
Sell transactions
9
323.01K shares
Net transactions
+27
Buys less sells
Sell : buy shares
0.5 : 1
Mixed
Insider-held shares
1.96M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 4, 26 | NOCELLA ANDREW P Officer |
SELL | 3.00K | $396.90K | Direct |
| Aug 3, 26 | LESKINEN MICHAEL D. Chief Financial Officer |
SELL | 10.00K | $1.28M | Direct |
| Jul 28, 26 | NOCELLA ANDREW P Officer |
SELL | 4.20K | $506.02K | Direct |
| Jul 28, 26 | HART BRETT J President |
SELL | 30.11K | $3.63M | Direct |
| Jul 28, 26 | HART BRETT J President |
STOCK | 7.46K | $0 | Direct |
| Jul 28, 26 | GEBO KATE Officer |
STOCK | 4.97K | $0 | Direct |
| Jul 27, 26 | HART BRETT J President |
CONVERSION | 21.52K | $1.67M | Direct |
| Jul 24, 26 | ENQVIST TORBJORN J Chief Operating Officer |
SELL | 20.00K | $2.40M | Direct |
| Jul 24, 26 | KIRBY JOHN SCOTT Chief Executive Officer |
STOCK | 71.35K | $0 | Direct |
| Jul 24, 26 | NOCELLA ANDREW P Officer |
STOCK | 21.40K | $0 | Direct |
| Jul 24, 26 | GEBO KATE Officer |
STOCK | 17.84K | $0 | Direct |
| Jul 24, 26 | ENQVIST TORBJORN J Chief Operating Officer |
STOCK | 24.97K | $0 | Direct |
| Jul 24, 26 | LESKINEN MICHAEL D. Chief Financial Officer |
STOCK | 17.84K | $0 | Direct |
| Jul 24, 26 | HART BRETT J President |
STOCK | 46.38K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BOKEMEIER BRIGITTE |
Officer | 9.04K | Conversion of Exercise of derivative security |
ENQVIST TORBJORN J |
Chief Operating Officer | 129.95K | Sale |
GEBO KATE |
Officer | 138.04K | Stock Gift |
HARFORD BARNEY |
Director | 91.00K | Sale |
HART BRETT J |
President | 364.12K | Sale |
JOJO LINDA P |
Officer | 63.60K | Sale |
KIRBY JOHN SCOTT |
Chief Executive Officer | 854.12K | Stock Award(Grant) |
LESKINEN MICHAEL D. |
Chief Financial Officer | 48.94K | Sale |
NOCELLA ANDREW P |
Officer | 219.96K | Sale |
WHITEHURST JAMES MOON |
Director | 18.89K | Conversion of Exercise of derivative security |
Moving averages & technicals
SMA 10
120.85
-6.27% from price
SMA 20
123.48
-8.35% from price
SMA 50
123.53
-8.38% from price
SMA 100
110.77
+2.26% from price
SMA 200
107.51
+5.27% from price
EMA 12
119.99
-5.59% from price
EMA 26
121.65
-6.88% from price
EMA 50
119.87
-5.50% from price
RSI (14)
37.8
Neutral
MACD (12,26,9)
-1.66
Hist -1.81
ATR (14)
3.73
3.30% of price
Realised vol 30D
39.8%
Annualised
Bollinger upper
134.82
20, 2σ
Bollinger lower
112.14
20, 2σ
50 / 200 cross
Golden
123.53 vs 107.51
Trend bias
Above 200
+5.27%
Risk profile
Beta vs SPY
2.13
More volatile than market
Correlation to SPY
0.57
Loosely linked
Realised vol 30D
39.8%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-27.5%
Peak to trough
Max drawdown 5Y
-49.2%
Peak to trough
ATR 14
3.73
3.30% of price
Beta (reported)
1.29
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
0.94
Call-heavy session
Put / call open interest
1.65
Positioning, not flow
Max pain
120.00
+6.0% from spot
ATM implied vol
51.5%
Nearest strike to spot
Skew (10% OTM)
-18.3%
Calls bid over puts
Call volume
1.34K
Contracts, this expiry
Put volume
1.25K
Contracts, this expiry
Heaviest call OI
130.00
308 contracts
Heaviest put OI
120.00
1.21K contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.