United Airlines Holdings Inc (UAL)
Return on equity (ROE)
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,353,000 | 3,293,000 | 3,309,000 | 3,659,000 | 3,148,000 | 2,763,000 | 2,935,000 | 2,687,000 | 2,617,000 | 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 |
| Total stockholders’ equity | US$ in thousands | 15,282,000 | 14,309,000 | 13,374,000 | 12,616,000 | 12,675,000 | 11,437,000 | 10,526,000 | 9,188,000 | 9,324,000 | 8,853,000 | 7,705,000 | 6,668,000 | 6,896,000 | 4,898,000 | 3,964,000 | 3,624,000 | 5,029,000 | 5,431,000 | 4,904,000 | 5,206,000 |
| ROE | 21.94% | 23.01% | 24.74% | 29.00% | 24.84% | 24.16% | 27.88% | 29.24% | 28.07% | 32.32% | 34.60% | 28.79% | 10.69% | -15.35% | -30.80% | -54.75% | -39.05% | -59.20% | -112.74% | -129.12% |
December 31, 2025 calculation
ROE = Net income (ttm) ÷ 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
-20.66%
SkyWest Inc
SKYW
16.23%
Southwest Airlines Company
LUV
5.53%
See also:
United Airlines Holdings Inc Return on Equity (ROE) (Quarterly Data)