United Airlines Holdings (UAL) EV to EBITDA (2010 - 2026)
United Airlines Holdings' (UAL) EV to EBITDA was 2.69 for Q3 2026, up 16.6% from 2.30 a year earlier but down 23.2% from the prior quarter.
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Analysis
United Airlines Holdings (UAL) EV to EBITDA (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, United Airlines Holdings' EV to EBITDA came in at -2.72; for FY2025, it came in at 3.10, up 46.0% from FY2024.
- By year, EV to EBITDA came in at 2.12 in FY2024, -0.12 in FY2023, -0.83 in FY2022 and -2.59 in FY2021.
- Five-year quarterly EV to EBITDA spans a low of -3.28 in Q2 2022 and a high of 3.50 in Q2 2026.
- Year over year, EV to EBITDA has now increased in each of the last five quarters, with growth averaging 146.7% over the last six quarters.
- Per Business Quant data, the three quarters before Q3 2026 came in at 3.50 (Q2 2026), 1.95 (Q1 2026) and 3.13 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 177.13 Bn | 169.38 Bn | - |
| 2 | Csx | 95.25 Bn | 90.48 Bn | - |
| 3 | Canadian Pacific Kansas City | 79.66 Bn | 79.37 Bn | - |
| 4 | United Parcel Service | 76.08 Bn | 53.01 Bn | - |
| 5 | Norfolk Southern | 75.89 Bn | 70.35 Bn | - |
| 6 | Fedex | 71.92 Bn | 37.86 Bn | - |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - |
| 8 | Old Dominion Freight Line | 39.40 Bn | 38.66 Bn | - |
| 9 | United Airlines Holdings | 33.14 Bn | -24.56 Bn | - |
| 10 | Ryanair Holdings | 28.01 Bn | 11.66 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.69 |
| Jun 30, 2026 | 3.50 |
| Mar 31, 2026 | 1.95 |
| Dec 31, 2025 | 3.13 |
| Sep 30, 2025 | 2.30 |
| Jun 30, 2025 | 1.28 |
| Mar 31, 2025 | 0.85 |
| Dec 31, 2024 | 2.16 |
| Sep 30, 2024 | 0.62 |
| Jun 30, 2024 | 0.10 |
| Mar 31, 2024 | 0.25 |
| Dec 31, 2023 | -0.12 |
| Sep 30, 2023 | -0.45 |
| Jun 30, 2023 | -0.17 |
| Mar 31, 2023 | -0.43 |
| Dec 31, 2022 | -0.85 |
| Sep 30, 2022 | -2.68 |
| Jun 30, 2022 | -3.28 |
| Mar 31, 2022 | -2.43 |
| Dec 31, 2021 | -2.89 |
API Access
United Airlines Holdings EV to EBITDA 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=ev-to-ebitda&ticker=UAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=UAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();