United Airlines Holdings Inc (UAL)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Net income (ttm)	US$ in thousands	3,149,000	2,763,000	2,936,000	2,688,000	2,618,000	2,861,000	2,665,000	1,919,000	736,000	-752,000	-1,220,000	-1,983,000	-1,963,000	-3,214,000	-5,529,000	-6,722,000	-7,069,000	-4,531,000	-1,666,000	1,013,000
Revenue (ttm)	US$ in thousands	57,063,000	55,994,000	55,635,000	54,827,000	53,717,000	52,491,000	50,884,000	48,818,000	44,955,000	40,747,000	35,620,000	28,979,000	24,634,000	19,854,000	14,593,000	10,597,000	15,355,000	22,831,000	31,722,000	41,649,000
Net profit margin		5.52%	4.93%	5.28%	4.90%	4.87%	5.45%	5.24%	3.93%	1.64%	-1.85%	-3.43%	-6.84%	-7.97%	-16.19%	-37.89%	-63.43%	-46.04%	-19.85%	-5.25%	2.43%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,149,000K ÷ $57,063,000K
= 5.52%

United Airlines Holdings Inc's net profit margin has shown significant fluctuations over the reported periods. The trend started with a positive net profit margin of 2.43% in March 2020; however, it turned negative in the subsequent quarters, reaching the lowest point at -63.43% in March 2021.

The company experienced a gradual improvement in its net profit margin from June 2021 onwards, with the margin turning positive again at 1.64% in December 2022. This positive trend continued into 2023 and 2024, with the net profit margin reaching a peak of 5.52% in December 2024.

While the fluctuating net profit margins indicate periods of profitability challenges, the company's ability to rebound and achieve positive margins in the latter part of the reporting period suggests successful cost management and operational efficiency strategies. Monitoring further financial performance will be crucial to assess the sustainability of this positive trend.