United Airlines Holdings Inc (UAL)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 3,149,000 | 2,618,000 | 737,000 | -1,964,000 | -7,069,000 |
Revenue | US$ in thousands | 57,063,000 | 53,717,000 | 44,955,000 | 24,634,000 | 15,355,000 |
Net profit margin | 5.52% | 4.87% | 1.64% | -7.97% | -46.04% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $3,149,000K ÷ $57,063,000K
= 5.52%
United Airlines Holdings Inc has exhibited a notable improvement in its net profit margin over the past few years, as reflected by the following figures: -46.04% as of December 31, 2020, -7.97% as of December 31, 2021, 1.64% as of December 31, 2022, 4.87% as of December 31, 2023, and 5.52% as of December 31, 2024.
The significant negative net profit margins in 2020 and 2021 suggest that the company was facing challenges, potentially due to the disruption caused by the global pandemic on the airline industry. However, there has been a positive turnaround afterwards, with the margin steadily increasing each year, demonstrating improved profitability.
The positive trend in the net profit margin indicates that United Airlines Holdings Inc has been effectively managing its costs and/or increasing its revenues relative to its net sales. This improving profitability metric suggests that the company has been able to enhance its operational efficiency and financial performance, which is a positive signal for investors and stakeholders.
Overall, United Airlines Holdings Inc's upward trajectory in net profit margin showcases its resilience and strategic efforts to enhance its financial health and performance in the face of industry challenges.
Peer comparison
Dec 31, 2024