United Airlines Holdings, Inc. (UAL) vs Westinghouse Air Brake Technologies Corporation (WAB)
A side-by-side comparison of United Airlines Holdings, Inc. and Westinghouse Air Brake Technologies Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 30, 2026. Differences are shown without an overall score or investment verdict.
UAL
United Airlines Holdings, Inc.
$123.56IndustrialsDelayed quote: Jul 30, 2026, 4:00 PM EDT
WAB
Westinghouse Air Brake Technologies Corporation
$292.46IndustrialsDelayed quote: Jul 30, 2026, 4:00 PM EDT
Total return — UAL vs WAB
growth of $100 · dividends reinvested · last 20yUAL +320.2%WAB +1904.1%WAB compounded faster
UAL WAB
UAL vs WAB: by the numbers
- •WAB is the larger company ($49.40B vs $40.10B market cap).
- •UAL trades at the lower trailing earnings multiple (11.56 vs 39.31 P/E), one valuation lens rather than an overall verdict.
- •WAB converts more revenue to profit (10.59% vs 5.56% net margin).
- •UAL grew revenue faster over the past five years (33.94% vs 9.16% CAGR).
- •WAB pays a dividend (0.38% yield), while UAL is a former payer with no current dividend run rate.
Metrics side by side
Valuation
| Metric | UAL | WAB |
|---|---|---|
| P/E ratio | 11.56 | 39.31 |
| Forward P/E | 11.84 | 27.01 |
| P/S ratio | 0.64 | 4.15 |
| P/B ratio | 2.42 | 4.42 |
| PEG ratio | 1.67 | 2.32 |
| EV / EBITDA | 8.11 | 22.52 |
| FCF yield | 6.30% | 3.72% |
Profitability
| Metric | UAL | WAB |
|---|---|---|
| Gross margin | 65.06% | 34.33% |
| Operating margin | 7.75% | 16.54% |
| Net margin | 5.56% | 10.59% |
| ROE | 20.94% | 11.29% |
| ROIC | 6.63% | 7.64% |
Dividends
| Metric | UAL | WAB |
|---|---|---|
| Dividend yield | N/A | 0.38% |
| Payout ratio | N/A | 16.33% |
Growth (annualized)
| Metric | UAL | WAB |
|---|---|---|
| Revenue CAGR (5Y) | 33.94% | 9.16% |
| EPS CAGR (5Y) | N/A | 25.77% |
| FCF CAGR (5Y) | 52.92% | 14.38% |
| Total return CAGR (5Y) | 21.47% | 28.79% |
Frequently asked
- Which has the lower trailing P/E, UAL or WAB?
- UAL has the lower trailing P/E: UAL trades at 11.56 and WAB at 39.31. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, UAL or WAB?
- Over the past five years, UAL grew revenue faster — UAL at a 33.94% CAGR versus WAB at 9.16%.
- Does UAL or WAB pay a bigger dividend?
- WAB pays a dividend (0.38% yield), while UAL is a former payer with no current dividend run rate.
- Is UAL or WAB more profitable?
- WAB runs the higher net margin — UAL at 5.56% versus WAB at 10.59%.
- How have UAL and WAB total returns compared?
- Over the past 10 years, UAL delivered 10.17% and WAB delivered 16.29% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
United Airlines P/E ratioWestinghouse Air Brake Technologies P/E ratioUnited Airlines dividend yieldWestinghouse Air Brake Technologies dividend yieldUnited Airlines ROEWestinghouse Air Brake Technologies ROEUnited Airlines operating marginWestinghouse Air Brake Technologies operating marginUnited Airlines revenue growthWestinghouse Air Brake Technologies revenue growthUnited Airlines free cash flowWestinghouse Air Brake Technologies free cash flow
United Airlines & Westinghouse Air Brake Technologies appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 30, 2026.