United Airlines Holdings Inc (UAL)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	2,618,000	2,861,000	2,666,000	1,920,000	737,000	-752,000	-1,221,000	-1,984,000	-1,964,000	-3,215,000	-5,529,000	-6,722,000	-7,069,000	-4,531,000	-1,666,000	1,013,000	3,009,000	2,829,000	2,638,000	2,269,000
Revenue (ttm)	US$ in thousands	51,951,000	50,709,000	49,119,000	47,117,000	43,302,000	39,125,000	33,995,000	27,348,000	23,067,000	18,683,000	13,524,000	9,753,000	14,000,000	21,476,000	30,513,000	40,437,000	42,706,000	42,309,000	41,928,000	41,485,000
Net profit margin		5.04%	5.64%	5.43%	4.07%	1.70%	-1.92%	-3.59%	-7.25%	-8.51%	-17.21%	-40.88%	-68.92%	-50.49%	-21.10%	-5.46%	2.51%	7.05%	6.69%	6.29%	5.47%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,618,000K ÷ $51,951,000K
= 5.04%

The net profit margin of United Airlines Holdings Inc has shown a generally improving trend over the past eight quarters. In Q4 2023, the net profit margin was 4.87%, representing a slight decrease from the previous quarter. However, this figure is significantly higher compared to the same quarter in the previous year, where the net profit margin was only 1.64%.

Overall, the positive trend in net profit margin indicates that the company has been able to effectively control its costs and increase profitability. It is important to note that despite facing challenges such as volatile fuel prices and fluctuating demand, United Airlines has made progress in enhancing its operational efficiency and financial performance. The year-over-year improvements in net profit margin demonstrate the company's ability to adapt to market conditions and drive profitability.