United Airlines Holdings (UAL) EBIT Margin (2009 - 2026)
United Airlines Holdings' EBIT Margin came in at 8.09% for Q3 2026, down 1.07 percentage points from 9.16% a year earlier but up 1.89 percentage points from the prior quarter.
United Airlines Holdings (UAL) EBIT Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, United Airlines Holdings reported EBIT Margin of 7.51%, down 0.76 percentage points year-over-year; for FY2025, it was 7.98%, down 0.95 percentage points from FY2024.
- EBIT Margin carries a five-year change of +49.39 percentage points (FY2020 to FY2025).
- Going back by year, EBIT Margin was 8.93% in FY2024 (+1.09 pp), 7.84% in FY2023 (+2.64 pp), 5.20% in FY2022 (+9.35 pp) and -4.15% in FY2021 (+37.26 pp).
- The five-year range for quarterly EBIT Margin is -18.19% (Q1 2022) to 12.87% (Q2 2024).
- Year-over-year, EBIT Margin increased in three of the last eight quarters, with an average year-over-year change of -0.18 percentage points.
- The fastest year-over-year change in EBIT Margin over five years came in Q4 2021 (a gain of 57.59 percentage points), and the weakest in Q2 2025 (a drop of 4.18 percentage points).
- Business Quant data shows UAL's EBIT Margin at 6.20% (Q2 2026), 6.83% (Q1 2026) and 9.00% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 177.13 Bn | 169.38 Bn | - | 40.89% |
| 2 | Csx | 95.25 Bn | 90.48 Bn | - | 39.08% |
| 3 | Canadian Pacific Kansas City | 79.66 Bn | 79.37 Bn | - | 35.35% |
| 4 | United Parcel Service | 76.08 Bn | 53.01 Bn | - | 4.07% |
| 5 | Norfolk Southern | 75.89 Bn | 70.35 Bn | - | 32.61% |
| 6 | Fedex | 71.92 Bn | 37.86 Bn | - | 6.20% |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 7.20% |
| 8 | Old Dominion Freight Line | 39.40 Bn | 38.66 Bn | - | 29.94% |
| 9 | United Airlines Holdings | 33.14 Bn | -24.56 Bn | - | 8.09% |
| 10 | Ryanair Holdings | 28.01 Bn | 11.66 Bn | - | 13.12% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.09% |
| Jun 30, 2026 | 6.20% |
| Mar 31, 2026 | 6.83% |
| Dec 31, 2025 | 9.00% |
| Sep 30, 2025 | 9.16% |
| Jun 30, 2025 | 8.70% |
| Mar 31, 2025 | 4.59% |
| Dec 31, 2024 | 10.23% |
| Sep 30, 2024 | 10.54% |
| Jun 30, 2024 | 12.87% |
| Mar 31, 2024 | 0.79% |
| Dec 31, 2023 | 7.32% |
| Sep 30, 2023 | 12.01% |
| Jun 30, 2023 | 10.70% |
| Mar 31, 2023 | -0.38% |
| Dec 31, 2022 | 11.10% |
| Sep 30, 2022 | 11.32% |
| Jun 30, 2022 | 7.25% |
| Mar 31, 2022 | -18.19% |
| Dec 31, 2021 | -4.98% |
United Airlines Holdings EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=UAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "UAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=UAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();