United Airlines Holdings Inc (UAL)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 5,145,000 | 4,687,000 | 4,861,000 | 4,413,000 | 4,258,000 | 2,014,000 | 1,733,000 | 1,094,000 | -247,000 | 544,000 | 123,000 | -1,025,000 | -1,022,000 | -2,749,000 | -5,401,000 | -6,768,000 | -6,359,000 | -3,363,000 | -275,000 | 2,834,000 |
| Total assets | US$ in thousands | 74,083,000 | 72,640,000 | 73,254,000 | 71,902,000 | 71,104,000 | 73,153,000 | 73,341,000 | 70,417,000 | 67,358,000 | 68,968,000 | 70,381,000 | 69,038,000 | 68,175,000 | 69,294,000 | 71,049,000 | 61,662,000 | 59,548,000 | 61,189,000 | 54,901,000 | 53,055,000 |
| Operating ROA | 6.94% | 6.45% | 6.64% | 6.14% | 5.99% | 2.75% | 2.36% | 1.55% | -0.37% | 0.79% | 0.17% | -1.48% | -1.50% | -3.97% | -7.60% | -10.98% | -10.68% | -5.50% | -0.50% | 5.34% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $5,145,000K ÷ $74,083,000K
= 6.94%
United Airlines Holdings Inc's operating return on assets (ROA) has shown a mixed performance over the period from March 31, 2020, to December 31, 2024. The operating ROA started at a relatively healthy level of 5.34% in March 2020 before turning negative in the subsequent quarters, reaching its lowest point at -10.98% in March 2021.
However, the company's operating ROA gradually improved from this low point, showing signs of recovery. By the end of December 2024, the operating ROA had rebounded to 6.94%, indicating a positive trend in the company's ability to generate operating profit from its assets.
Overall, United Airlines Holdings Inc's operating ROA depicts a challenging period followed by a recovery phase, reflecting the company's efforts to enhance operational efficiency and profitability. Maintaining this positive trajectory will be vital for the company's future financial performance and value creation for its stakeholders.
Peer comparison
Dec 31, 2024