United Airlines Holdings Inc (UAL)
Return on equity (ROE)
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 3,353,000 | 3,149,000 | 2,618,000 | 737,000 | -1,964,000 |
| Total stockholders’ equity | US$ in thousands | 15,282,000 | 12,675,000 | 9,324,000 | 6,896,000 | 5,029,000 |
| ROE | 21.94% | 24.84% | 28.08% | 10.69% | -39.05% |
December 31, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $3,353,000K ÷ $15,282,000K
= 21.94%
Peer comparison
Dec 31, 2025
Company name
Symbol
ROE
United Airlines Holdings Inc
UAL
21.94%
Alaska Air Group Inc
ALK
—
American Airlines Group
AAL
—
Delta Air Lines Inc
DAL
24.12%
JetBlue Airways Corp
JBLU
-30.10%
SkyWest Inc
SKYW
13.41%
Southwest Airlines Company
LUV
5.53%