United Airlines Holdings (UAL) Price to Book (2010 - 2026)
United Airlines Holdings' (UAL) Price to Book was 2.64 for Q2 2026, up 37.1% from 1.93 a year earlier and up 40.4% from the prior quarter.
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Analysis
United Airlines Holdings (UAL) Price to Book (2010 - 2026) Analysis & Trends
For FY2025, Price to Book at United Airlines Holdings was 2.37, down 5.8% from FY2024.
- By year, Price to Book came in at 2.51 in FY2024 (+73.1%), 1.45 in FY2023 (-18.8%), 1.79 in FY2022 (-36.6%) and 2.82 in FY2021 (+24.6%).
- The Q2 2026 figure ranks as the highest quarterly Price to Book since Q2 2022.
- Year over year, Price to Book gained in seven of the last eight quarters, with growth averaging 22.3%.
- The high point for year-over-year Price to Book in five years was Q3 2021 (growth of 96.4%); the low point was Q1 2023 (a decline of 47.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.88 (Q1 2026), 2.37 (Q4 2025) and 2.18 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 177.43 Bn | 171.95 Bn | - |
| 2 | Csx | 95.92 Bn | 91.14 Bn | - |
| 3 | United Parcel Service | 85.95 Bn | 62.85 Bn | - |
| 4 | Canadian Pacific Kansas City | 80.52 Bn | 79.54 Bn | - |
| 5 | Norfolk Southern | 75.79 Bn | 70.43 Bn | - |
| 6 | Fedex | 71.86 Bn | 37.80 Bn | - |
| 7 | Delta Air Lines | 51.80 Bn | 33.98 Bn | - |
| 8 | Old Dominion Freight Line | 39.47 Bn | 38.73 Bn | - |
| 9 | United Airlines Holdings | 33.07 Bn | -24.62 Bn | - |
| 10 | Ryanair Holdings | 28.26 Bn | 11.90 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.03 |
| Jun 30, 2026 | 2.64 |
| Mar 31, 2026 | 1.88 |
| Dec 31, 2025 | 2.37 |
| Sep 30, 2025 | 2.18 |
| Jun 30, 2025 | 1.93 |
| Mar 31, 2025 | 1.79 |
| Dec 31, 2024 | 2.51 |
| Sep 30, 2024 | 1.64 |
| Jun 30, 2024 | 1.52 |
| Mar 31, 2024 | 1.71 |
| Dec 31, 2023 | 1.45 |
| Sep 30, 2023 | 1.57 |
| Jun 30, 2023 | 2.34 |
| Mar 31, 2023 | 2.18 |
| Dec 31, 2022 | 1.79 |
| Sep 30, 2022 | 2.17 |
| Jun 30, 2022 | 2.92 |
| Mar 31, 2022 | 4.18 |
| Dec 31, 2021 | 2.82 |
API Access
United Airlines Holdings Price to Book 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=price-to-book&ticker=UAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "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=price-to-book&ticker=UAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();