United Airlines Holdings, Inc. (UAL) Operating Margin: 8.44%
Is United Airlines Holdings, Inc.’s operating margin high or low?
United Airlines Holdings, Inc.'s operating margin of 8.44% is 424% above its 5-year average of -2.60%, near the high end of its 5-year range (-41.41%–8.93%).
As of Tuesday, June 16, 2026. 0.18% below its 12-month average of 8.46%.
UAL Operating Margin Chart
UAL Average Operating Margin Chart
UAL Current vs Average Operating Margin Chart
UAL Operating Margin Metrics
OPERATING MARGIN
8.44%
OPERATING MARGIN AVG TTM
8.46%
OPERATING MARGIN AVG 3Y
7.49%
OPERATING MARGIN AVG 5Y
-2.60%
OPERATING MARGIN AVG 10Y
3.39%
OPERATING MARGIN AVG 15Y
7.24%
OPERATING MARGIN AVG 20Y
5.39%
CURRENT VS TTM AVG
-0.18%
CURRENT VS 3Y AVG
+12.72%
CURRENT VS 5Y AVG
+424.41%
CURRENT VS 10Y AVG
+149.23%
CURRENT VS 15Y AVG
+16.55%
CURRENT VS 20Y AVG
+56.54%
UAL Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Airlines Holdings, Inc. (UAL) | $38.94B | 8.44% | 8.46% | 7.49% | -2.60% |
| EMCOR Group, Inc. (EME)vs › | $37.51B | 9.89% | 9.54% | 7.78% | 6.57% |
| Paychex, Inc. (PAYX)vs › | $36.15B | 36.90% | 40.41% | 40.33% | 38.91% |
| Axon Enterprise, Inc. (AXON)vs › | $35.72B | 1.48% | 0.29% | 4.66% | -0.46% |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $45.62B | 16.10% | 16.11% | 14.35% | 13.08% |
| Dover Corporation (DOV)vs › | $29.88B | 16.70% | 16.27% | 16.18% | 15.81% |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $49.07B | 24.57% | 25.66% | 27.17% | 26.29% |
| Curtiss-Wright Corporation (CW)vs › | $28.17B | 18.48% | 17.59% | 17.19% | 15.99% |
| Copart, Inc. (CPRT)vs › | $28.05B | 36.57% | 36.80% | 37.83% | 38.42% |
| ATI Inc. (ATI)vs › | $26.78B | 14.47% | 13.90% | 11.80% | 1.29% |
Operating Efficiency
Gross Margin
64.2%
Operating Margin
8.4%
United Airlines Holdings, Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
United Airlines Holdings, Inc. Operating Margin FAQ
- What is the operating margin for United Airlines Holdings, Inc. (UAL)?
- The operating margin for UAL stock is 8.44%.
- Is United Airlines Holdings, Inc.'s operating margin high or low?
- United Airlines Holdings, Inc.'s operating margin of 8.44% is 424% above its 5-year average of -2.60%, near the high end of its 5-year range (-41.41%–8.93%).
- What is the TTM average operating margin for United Airlines Holdings, Inc. (UAL)?
- The TTM average operating margin for UAL stock is 8.46%.
- What is the 3Y average operating margin for United Airlines Holdings, Inc. (UAL)?
- The 3Y average operating margin for UAL stock is 7.49%.
- What is the 5Y average operating margin for United Airlines Holdings, Inc. (UAL)?
- The 5Y average operating margin for UAL stock is -2.60%.
- What is the 10Y average operating margin for United Airlines Holdings, Inc. (UAL)?
- The 10Y average operating margin for UAL stock is 3.39%.
- What is the 15Y average operating margin for United Airlines Holdings, Inc. (UAL)?
- The 15Y average operating margin for UAL stock is 7.24%.
- What is the 20Y average operating margin for United Airlines Holdings, Inc. (UAL)?
- The 20Y average operating margin for UAL stock is 5.39%.
United Airlines Holdings, Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 7.98% |
| 2024-12-31 | 8.93% |
| 2023-12-31 | 7.84% |
| 2022-12-31 | 5.20% |
| 2021-12-31 | -4.15% |
| 2020-12-31 | -41.41% |
| 2019-12-31 | 9.94% |
| 2018-12-31 | 7.82% |
| 2017-12-31 | 9.58% |
| 2016-12-31 | 11.88% |
| 2015-12-31 | 13.64% |
| 2014-12-31 | 6.10% |
| 2013-12-31 | 3.26% |
| 2012-12-31 | 0.10% |
| 2011-12-31 | 4.91% |
| 2010-12-31 | 4.20% |
| 2009-12-31 | -0.99% |
| 2008-12-31 | -21.98% |
| 2007-12-31 | 5.15% |
| 2006-12-31 | 2.31% |
| 2005-12-31 | -1.26% |
| 2004-12-31 | -5.21% |
| 2003-12-31 | -9.91% |
| 2002-12-31 | -19.86% |
| 2001-12-31 | -21.68% |
| 2000-12-31 | 3.38% |
| 1999-12-31 | 7.72% |
| 1998-12-31 | 8.42% |
| 1997-12-31 | 7.24% |
| 1996-12-31 | 6.86% |
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.
- Sector
- Industrials
- Industry
- Airlines, Airports & Air Services
- CEO
- J. Scott Kirby