United Airlines Holdings, Inc. (UAL) Return on Invested Capital (ROIC): 6.63%
Is United Airlines Holdings, Inc.’s return on invested capital (ROIC) high or low?
United Airlines Holdings, Inc.'s return on invested capital (ROIC) of 6.63% is 249% above its 5-year average of 1.90%, near the high end of its 5-year range (-10.29%–7.04%).
As of Tuesday, June 16, 2026. 3.00% below its 12-month average of 6.83%.
UAL Return on Invested Capital (ROIC) Chart
UAL Average Return on Invested Capital (ROIC) Chart
UAL Current vs Average Return on Invested Capital (ROIC) Chart
UAL Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
6.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
6.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
5.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
1.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
5.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
5.18%
CURRENT VS TTM AVG
-3.00%
CURRENT VS 3Y AVG
+14.56%
CURRENT VS 5Y AVG
+249.25%
CURRENT VS 10Y AVG
+19.34%
CURRENT VS 15Y AVG
+18.97%
CURRENT VS 20Y AVG
+28.03%
UAL Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Airlines Holdings, Inc. (UAL) | $38.94B | 6.63% | 6.83% | 5.79% | 1.90% |
| EMCOR Group, Inc. (EME)vs › | $37.51B | 24.16% | 25.56% | 21.39% | 17.05% |
| Paychex, Inc. (PAYX)vs › | $36.15B | 16.77% | 24.66% | 28.49% | 27.81% |
| Axon Enterprise, Inc. (AXON)vs › | $35.72B | -1.11% | 0.27% | 2.42% | 0.62% |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $45.62B | 7.64% | 7.77% | 6.65% | 5.74% |
| Dover Corporation (DOV)vs › | $29.88B | 9.40% | 9.16% | 10.28% | 10.65% |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $49.07B | 19.91% | 21.74% | 25.01% | 23.46% |
| Curtiss-Wright Corporation (CW)vs › | $28.17B | 12.41% | 11.32% | 10.24% | 9.32% |
| Copart, Inc. (CPRT)vs › | $28.05B | 14.70% | 15.34% | 18.11% | 19.67% |
| ATI Inc. (ATI)vs › | $26.77B | 12.27% | 11.84% | 10.95% | 1.40% |
Capital Efficiency
ROIC
6.6%
ROE
23.1%
United Airlines Holdings, Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
United Airlines Holdings, Inc. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for United Airlines Holdings, Inc. (UAL)?
- The return on invested capital (ROIC) for UAL stock is 6.63%.
- Is United Airlines Holdings, Inc.'s return on invested capital (ROIC) high or low?
- United Airlines Holdings, Inc.'s return on invested capital (ROIC) of 6.63% is 249% above its 5-year average of 1.90%, near the high end of its 5-year range (-10.29%–7.04%).
- What is the TTM average return on invested capital (ROIC) for United Airlines Holdings, Inc. (UAL)?
- The TTM average return on invested capital (ROIC) for UAL stock is 6.83%.
- What is the 3Y average return on invested capital (ROIC) for United Airlines Holdings, Inc. (UAL)?
- The 3Y average return on invested capital (ROIC) for UAL stock is 5.79%.
- What is the 5Y average return on invested capital (ROIC) for United Airlines Holdings, Inc. (UAL)?
- The 5Y average return on invested capital (ROIC) for UAL stock is 1.90%.
- What is the 10Y average return on invested capital (ROIC) for United Airlines Holdings, Inc. (UAL)?
- The 10Y average return on invested capital (ROIC) for UAL stock is 5.56%.
- What is the 15Y average return on invested capital (ROIC) for United Airlines Holdings, Inc. (UAL)?
- The 15Y average return on invested capital (ROIC) for UAL stock is 5.57%.
- What is the 20Y average return on invested capital (ROIC) for United Airlines Holdings, Inc. (UAL)?
- The 20Y average return on invested capital (ROIC) for UAL stock is 5.18%.
United Airlines Holdings, Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 6.63% |
| 2024-12-31 | 7.04% |
| 2023-12-31 | 6.06% |
| 2022-12-31 | 3.42% |
| 2021-12-31 | -1.47% |
| 2020-12-31 | -10.29% |
| 2019-12-31 | 8.31% |
| 2018-12-31 | 6.95% |
| 2017-12-31 | 8.20% |
| 2016-12-31 | 8.93% |
| 2015-12-31 | 17.33% |
| 2014-12-31 | 9.24% |
| 2013-12-31 | 4.77% |
| 2012-12-31 | 0.15% |
| 2011-12-31 | 6.49% |
| 2010-12-31 | 3.30% |
| 2009-12-31 | -1.19% |
| 2008-12-31 | -33.64% |
| 2007-12-31 | 3.46% |
| 2006-12-31 | 2.32% |
| 2005-12-31 | -1.55% |
| 2004-12-31 | -5.62% |
| 2003-12-31 | -8.21% |
| 2002-12-31 | -14.43% |
| 2001-12-31 | -12.79% |
| 2000-12-31 | 2.28% |
| 1999-12-31 | 5.60% |
| 1998-12-31 | 7.29% |
| 1997-12-31 | 7.49% |
| 1996-12-31 | 8.71% |
Related Metrics
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