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United Airlines Holdings, Inc. (UAL)
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United Airlines Holdings, Inc. (UAL) EV/FCF Ratio: 19.28x

Is United Airlines Holdings, Inc.’s EV/FCF ratio high or low?

United Airlines Holdings, Inc.'s EV/FCF ratio of 19.28x is 50% below its 4-year average of 38.57x, near the low end of its 4-year range (9.39x–191.94x).

As of Wednesday, June 17, 2026. 15.12% above its 12-month average of 16.75x.

UAL EV/FCF Ratio Chart

UAL EV/FCF Ratio
19.28x+87.18% 1Y
Zoom

UAL Average EV/FCF Ratio Chart

UAL Current vs Average EV/FCF Ratio Chart

UAL EV/FCF Ratio Metrics

EV/FCF RATIO

19.28x

EV/FCF RATIO AVG TTM

16.75x

EV/FCF RATIO AVG 3Y

20.12x

EV/FCF RATIO AVG 5Y

23.01x

EV/FCF RATIO AVG 10Y

20.46x

EV/FCF RATIO AVG 15Y

18.78x

EV/FCF RATIO AVG 20Y

15.73x

CURRENT VS TTM AVG

+15.12%

CURRENT VS 3Y AVG

-4.20%

CURRENT VS 5Y AVG

-16.20%

CURRENT VS 10Y AVG

-5.75%

CURRENT VS 15Y AVG

+2.65%

CURRENT VS 20Y AVG

+22.57%

UAL Competitors' EV/FCF Ratio

NAMEMARKET CAPEV/FCF RATIOTTM3Y5Y
United Airlines Holdings, Inc. (UAL)$38.29B19.28x16.75x20.12x23.01x
EMCOR Group, Inc. (EME)vs ›$37.28B34.49x26.60x19.89x19.38x
Paychex, Inc. (PAYX)vs ›$35.84B18.30x23.35x26.24x28.51x
Axon Enterprise, Inc. (AXON)vs ›$35.13B1911.08x540.99x289.26x299.58x
Old Dominion Freight Line, Inc. (ODFL)vs ›$45.41B44.66x40.70x48.70x47.08x
Westinghouse Air Brake Technologies Corporation (WAB)vs ›$46.24B32.16x28.53x28.55x26.64x
Dover Corporation (DOV)vs ›$29.73B27.82x41.40x33.42x32.38x
Carpenter Technology Corporation (CRS)vs ›$28.59B72.04x58.57x85.02x74.72x
Curtiss-Wright Corporation (CW)vs ›$28.53B49.33x44.31x32.89x30.20x
Copart, Inc. (CPRT)vs ›$28.31B19.72x27.70x44.94x45.11x

Cash Flow Valuation Comparison

EV/FCF

19.3x

P/FCF

12.1x

FCF Yield

8.28%

Formula: EV/FCF = Enterprise Value / Free Cash Flow

EV/FCF vs P/FCF:

  • EV/FCF accounts for debt and cash through enterprise value
  • P/FCF only considers equity value
  • EV/FCF can be compared across companies with different debt levels
  • Both measure how the market values cash generation

United Airlines Holdings, Inc. EV/FCF Ratio Formula & Definition

EV/FCF = Enterprise Value / Free Cash Flow (TTM)

Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

United Airlines Holdings, Inc. EV/FCF Ratio FAQ

What is the EV/FCF ratio for United Airlines Holdings, Inc. (UAL)?
The EV/FCF ratio for UAL stock is 19.28x.
Is United Airlines Holdings, Inc.'s EV/FCF ratio high or low?
United Airlines Holdings, Inc.'s EV/FCF ratio of 19.28x is 50% below its 4-year average of 38.57x, near the low end of its 4-year range (9.39x–191.94x).
What is the TTM average EV/FCF ratio for United Airlines Holdings, Inc. (UAL)?
The TTM average EV/FCF ratio for UAL stock is 16.75x.
What is the 3Y average EV/FCF ratio for United Airlines Holdings, Inc. (UAL)?
The 3Y average EV/FCF ratio for UAL stock is 20.12x.
What is the 5Y average EV/FCF ratio for United Airlines Holdings, Inc. (UAL)?
The 5Y average EV/FCF ratio for UAL stock is 23.01x.
What is the 10Y average EV/FCF ratio for United Airlines Holdings, Inc. (UAL)?
The 10Y average EV/FCF ratio for UAL stock is 20.46x.
What is the 15Y average EV/FCF ratio for United Airlines Holdings, Inc. (UAL)?
The 15Y average EV/FCF ratio for UAL stock is 18.78x.
What is the 20Y average EV/FCF ratio for United Airlines Holdings, Inc. (UAL)?
The 20Y average EV/FCF ratio for UAL stock is 15.73x.

United Airlines Holdings, Inc. EV/FCF Ratio History

DATEEV/FCF RATIO
2026-06-1619.28x
2026-06-1519.43x
2026-06-1218.98x
2026-06-1118.68x
2026-06-1017.68x
2026-06-0918.38x
2026-06-0817.94x
2026-06-0517.98x
2026-06-0417.90x
2026-06-0317.92x
2026-06-0218.29x
2026-06-0118.59x
2026-05-2918.90x
2026-05-2818.93x
2026-05-2718.68x
2026-05-2618.00x
2026-05-2217.39x
2026-05-2117.36x
2026-05-2017.19x
2026-05-1916.29x
2026-05-1816.63x
2026-05-1516.67x
2026-05-1416.99x
2026-05-1316.96x
2026-05-1216.97x
2026-05-1117.05x
2026-05-0817.35x
2026-05-0717.36x
2026-05-0617.40x
2026-05-0516.75x
2026-05-0416.38x
2026-05-0116.63x
2026-04-3016.37x
2026-04-2916.23x
2026-04-2816.42x
2026-04-2716.57x
2026-04-2416.68x
2026-04-2316.50x
2026-04-2216.55x
2026-04-2122.24x
2026-04-2022.46x
2026-04-1722.83x
2026-04-1621.97x
2026-04-1521.87x
2026-04-1422.24x
2026-04-1321.99x
2026-04-1022.14x
2026-04-0922.30x
2026-04-0822.13x
2026-04-0721.23x
2026-04-0621.45x
2026-04-0221.61x
2026-04-0121.97x
2026-03-3121.59x
2026-03-3020.71x
2026-03-2721.12x
2026-03-2621.67x
2026-03-2521.70x
2026-03-2421.78x
2026-03-2321.83x
2026-03-2021.32x
2026-03-1921.85x
2026-03-1821.64x
2026-03-1721.73x
2026-03-1621.36x
2026-03-1320.89x
2026-03-1220.88x
2026-03-1121.41x
2026-03-1021.46x
2026-03-0921.90x
2026-03-0621.59x
2026-03-0522.02x
2026-03-0422.66x
2026-03-0322.93x
2026-03-0223.01x
2026-02-2723.41x
2026-02-2624.70x
2026-02-2524.25x
2026-02-2424.21x
2026-02-2323.52x
2026-02-2024.27x
2026-02-1923.89x
2026-02-1824.77x
2026-02-1724.40x
2026-02-1323.79x
2026-02-1223.79x
2026-02-1118.11x
2026-02-1018.32x
2026-02-0918.30x
2026-02-0618.28x
2026-02-0517.41x
2026-02-0417.71x
2026-02-0317.83x
2026-02-0217.52x
2026-01-3017.08x
2026-01-2917.22x
2026-01-2817.31x
2026-01-2717.23x
2026-01-2617.56x
2026-01-2317.56x
2026-01-2217.79x
2026-01-2117.84x
2026-01-2017.63x
2026-01-1618.07x
2026-01-1518.29x
2026-01-1417.82x
2026-01-1318.15x
2026-01-1218.22x
2026-01-0918.40x
2026-01-0818.24x
2026-01-0718.34x
2026-01-0618.42x
2026-01-0518.19x
2026-01-0218.02x
2025-12-3117.92x
2025-12-3017.89x
2025-12-2917.89x
2025-12-2618.11x
2025-12-2418.18x
2025-12-2318.07x
2025-12-2218.29x
2025-12-1918.11x
2025-12-1818.01x
2025-12-1717.78x
2025-12-1617.98x
2025-12-1517.56x
2025-12-1217.48x
2025-12-1117.62x
2025-12-1017.56x
2025-12-0917.38x
2025-12-0817.27x
2025-12-0517.31x
2025-12-0417.29x
2025-12-0317.62x
2025-12-0217.26x
2025-12-0116.98x
2025-11-2817.05x
2025-11-2617.02x
2025-11-2516.78x
2025-11-2416.49x
2025-11-2116.19x
2025-11-2016.00x
2025-11-1916.11x
2025-11-1816.16x
2025-11-1715.99x
2025-11-1416.44x
2025-11-1316.63x
2025-11-1216.87x
2025-11-1116.43x
2025-11-1016.54x
2025-11-0716.65x
2025-11-0616.50x
2025-11-0516.58x
2025-11-0416.06x
2025-11-0316.53x
2025-10-3116.35x
2025-10-3016.29x
2025-10-2916.52x
2025-10-2816.43x
2025-10-2716.77x
2025-10-2416.82x
2025-10-2316.50x
2025-10-2216.55x
2025-10-2116.89x
2025-10-2016.99x
2025-10-1716.80x
2025-10-1616.72x
2025-10-1514.21x
2025-10-1414.14x
2025-10-1313.82x
2025-10-1013.62x
2025-10-0913.99x
2025-10-0813.73x
2025-10-0713.61x
2025-10-0613.65x
2025-10-0313.51x
2025-10-0213.47x
2025-10-0113.33x
2025-09-3013.60x
2025-09-2913.78x
2025-09-2613.72x
2025-09-2513.82x
2025-09-2414.00x
2025-09-2314.22x
2025-09-2214.22x
2025-09-1914.40x
2025-09-1814.32x
2025-09-1714.33x
2025-09-1614.23x
2025-09-1514.25x
2025-09-1214.42x
2025-09-1114.64x
2025-09-1014.49x
2025-09-0914.34x
2025-09-0814.51x
2025-09-0514.42x
2025-09-0414.37x
2025-09-0314.38x
2025-09-0214.26x
2025-08-2914.29x
2025-08-2814.30x
2025-08-2714.23x
2025-08-2614.22x
2025-08-2514.07x
2025-08-2214.13x
2025-08-2113.66x
2025-08-2013.87x
2025-08-1914.06x
2025-08-1814.08x
2025-08-1513.96x
2025-08-1413.82x
2025-08-1313.87x
2025-08-1213.76x
2025-08-1113.02x
2025-08-0813.02x
2025-08-0712.91x
2025-08-0612.98x
2025-08-0512.89x
2025-08-0412.83x
2025-08-0112.64x
2025-07-3112.94x
2025-07-3013.10x
2025-07-2913.13x
2025-07-2813.27x
2025-07-2513.17x
2025-07-2413.05x
2025-07-2313.11x
2025-07-2213.14x
2025-07-2113.27x
2025-07-1813.26x
2025-07-1713.17x
2025-07-1610.99x
2025-07-1510.84x
2025-07-1411.02x
2025-07-1110.93x
2025-07-1011.21x
2025-07-0910.41x
2025-07-0810.48x
2025-07-0710.48x
2025-07-0310.56x
2025-07-0210.47x
2025-07-0110.40x
2025-06-3010.38x
2025-06-2710.34x
2025-06-2610.23x
2025-06-2510.18x
2025-06-2410.33x
2025-06-2310.19x
2025-06-2010.01x
2025-06-1810.01x
2025-06-179.96x
2025-06-1610.30x
2025-06-139.99x
2025-06-1210.22x
2025-06-1110.31x
2025-06-1010.62x
2025-06-0910.64x
2025-06-0610.69x
2025-06-0510.43x
2025-06-0410.51x

Showing the most recent 260 of 3,406 data points. The chart above shows the full history.

About United Airlines Holdings, Inc.

United Airlines Holdings, Inc., through its various subsidiaries, delivers air travel solutions on a global scale. Its vast network extends across North America, Europe, Asia, Africa, the Pacific, the Middle East, and Latin America, facilitating the movement of both passengers and freight. The company operates these services using a combination of its primary and regional aircraft fleets. Beyond its core transportation offerings, United also provides specialized support to external clients, encompassing catering, ground handling, aviation training, and aircraft maintenance. Established in 1968, the enterprise has its principal offices in Chicago, Illinois. Notably, it adopted its current name, United Airlines Holdings, Inc., in June 2019, having previously operated as United Continental Holdings, Inc.

Chicago, IL
109,200 employees
Industrials / Airlines, Airports & Air Services
Sector
Industrials
Industry
Airlines, Airports & Air Services
CEO
J. Scott Kirby