United Airlines Holdings (UAL) Return on Assets [ROA] (2010 - 2026)
United Airlines Holdings' Return on Assets [ROA] came in at 4.21% for Q3 2026, down 0.08 percentage points from 4.29% a year earlier and down 0.01 percentage points from the prior quarter.
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Analysis
United Airlines Holdings (UAL) Return on Assets [ROA] (2010 - 2026) Analysis & Trends
For FY2025, United Airlines Holdings' Return on Assets [ROA] was 4.45%, up 0.12 percentage points from FY2024.
- Return on Assets [ROA] has increased in each of the last five years, with a five-year change of +17.06 percentage points (FY2020 to FY2025).
- Going back by year, Return on Assets [ROA] was 4.34% in FY2024 (+0.56 pp), 3.78% in FY2023 (+2.69 pp), 1.09% in FY2022 (+4.16 pp) and -3.08% in FY2021 (+9.53 pp).
- The Q3 2026 figure represents the lowest quarterly Return on Assets [ROA] since Q3 2024.
- Year-over-year, Return on Assets [ROA] has declined for three consecutive quarters, with an average year-over-year change of +0.28 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q4 2021 (a gain of 8.85 percentage points), and the weakest in Q1 2026 (a drop of 0.22 percentage points).
- Business Quant data shows UAL's Return on Assets [ROA] at 4.22% (Q2 2026), 4.66% (Q1 2026) and 4.39% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 177.13 Bn | 169.38 Bn | - | 10.59% |
| 2 | Csx | 95.25 Bn | 90.48 Bn | - | 8.03% |
| 3 | Canadian Pacific Kansas City | 79.66 Bn | 79.37 Bn | - | 4.44% |
| 4 | United Parcel Service | 76.08 Bn | 53.01 Bn | - | 6.39% |
| 5 | Norfolk Southern | 75.89 Bn | 70.35 Bn | - | 5.89% |
| 6 | Fedex | 71.92 Bn | 37.86 Bn | - | 4.58% |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 3.82% |
| 8 | Old Dominion Freight Line | 39.40 Bn | 38.66 Bn | - | 19.12% |
| 9 | United Airlines Holdings | 33.14 Bn | -24.56 Bn | - | 4.21% |
| 10 | Ryanair Holdings | 28.01 Bn | 11.66 Bn | - | 9.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.21% |
| Jun 30, 2026 | 4.22% |
| Mar 31, 2026 | 4.66% |
| Dec 31, 2025 | 4.39% |
| Sep 30, 2025 | 4.29% |
| Jun 30, 2025 | 4.32% |
| Mar 31, 2025 | 4.87% |
| Dec 31, 2024 | 4.29% |
| Sep 30, 2024 | 3.79% |
| Jun 30, 2024 | 4.05% |
| Mar 31, 2024 | 3.76% |
| Dec 31, 2023 | 3.63% |
| Sep 30, 2023 | 3.91% |
| Jun 30, 2023 | 3.71% |
| Mar 31, 2023 | 2.79% |
| Dec 31, 2022 | 1.08% |
| Sep 30, 2022 | -1.08% |
| Jun 30, 2022 | -1.75% |
| Mar 31, 2022 | -2.89% |
| Dec 31, 2021 | -2.86% |
API Access
United Airlines Holdings Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=UAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=UAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();