United Airlines Holdings (UAL)
NASDAQIndustrialsAirlines, Airports & Air ServicesSnapshot 2026-11-05
$110.49-4.55%
Close 2026-11-05 · 1-day change
NASDAQIndustrialsAirlines, Airports & Air ServicesSnapshot 2026-11-05
QuarterlyIQ Insights · UAL
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within industrials on a research-validated quality screen. As of 2026-11-05.
The screen ranks UAL against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated neutral grew net income 51% of the time over the next year (vs 61% for the rest of the cohort, n=9285).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Met or beat guidance 75% of the last 4 guided quarters · 64.5% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue customer investments in product, service, technology and the onboard and airport experience to attract and retain brand-loyal customers.
Key Highlights • Announced the largest-ever international network expansion with service to 10 new destinations planned to start in summer 2027, including Catania, Italy; Ibiza, Spain; Ljubljana, Slo…
Stated in 7 of 8 supplied quarters. Management reported: “Key Highlights • Announced the largest-ever international network expansion with service to 10 new destinations planned to start in summer 2027, including Catania, Italy; Ibiza, Spain; Ljubljana, Slovenia; Luxembourg; Marseille, France; Okinawa, Japan; Olbia, Italy; Terceira, Portugal; Toulouse, France; and Valencia, Spain.” “• Operated the largest domestic schedule in company history, serving 241 airports across the U.S. and Canada, the most of any carrier in the quarter.”
The favorable terms in this expanded revolving credit facility demonstrate United's continued focus on strengthening its balance sheet and achieving an investment-grade credit rating.
Stated in 7 of 8 supplied quarters. Management reported: “The favorable terms in this expanded revolving credit facility demonstrate United's continued focus on strengthening its balance sheet and achieving an investment-grade credit rating.” “Once fuel prices moderate, United expects to use this cash to further strengthen the balance sheet by opportunistically paying down higher-cost debt and to fund new aircraft deliveries this year and next.” Operating income was $1.446 billion in 2026-Q3.
Keep improving reliable operations, including on-time performance and completion rates, while limiting seat cancellations.
Continue investing in customer experience, network expansion, and brand loyalty to drive growth and resilience in all market environments.
Over the trailing year it converted 6.69x of net income into operating cash flow. Historically, Industrials names rated robust grew net income 59% of the time over the next year (vs 55% for the rest of the cohort, n=5006).
Most sensitive to the broad stock market and long-term interest rates.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
6 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Industrials names rated stable grew net income 60% of the time over the next year (vs 56% for the rest of the cohort, n=6637).
Not investment advice. As of 2026-11-05.
“Key Highlights • Announced the largest-ever international network expansion with service to 10 new destinations planned to start in summer 2027, including Catania, Italy; Ibiza, Spain; Ljubljana, Slo…”
“Our network expansions, investment in Starlink, and innovations such as Relax Row are giving customers new reasons to choose United."”
“United plans to use these new aircraft to profitably expand its network, including its industry-leading international routes and growing domestic network.”
“Document Exhibit 99.1 News Release United Airlines Worldwide Media Relations 872.825.8640 media.relations@united.com United Airlines Continues to Win Brand-Loyal Customers as Q3 Profit and Q4 Outlook…”
“"Importantly, United saw a positive shift in demand beginning in early July, and, like 2024, anticipates another inflection in industry supply in mid-August.”
“In response to the current demand environment, United is removing 4 percentage points of scheduled domestic capacity starting in the third quarter of 2025.”
“4 United Airlines Reports Fourth-Quarter and Full-Year 2024 Results • United expects to serve more international destinations across the Atlantic and Pacific than all other U.S. carriers combined in…”
“The favorable terms in this expanded revolving credit facility demonstrate United's continued focus on strengthening its balance sheet and achieving an investment-grade credit rating.”
“Once fuel prices moderate, United expects to use this cash to further strengthen the balance sheet by opportunistically paying down higher-cost debt and to fund new aircraft deliveries this year and…”
“The company generated $8.4 billion of operating cash flow and $2.7 billion in free cash flow 1 in 2025, and expects to generate a similar level of free cash flow 2 in 2026.”
“Document Exhibit 99.1 News Release United Airlines Worldwide Media Relations 872.825.8640 media.relations@united.com United Airlines Continues to Win Brand-Loyal Customers as Q3 Profit and Q4 Outlook…”
“As part of the airline's broader strategy to pay down high-cost debt and strengthen its balance sheet, in July United repaid, solely using cash on hand, the remaining debt from a July 2020 transactio…”
“Document Exhibit 99.1 News Release United Airlines Worldwide Media Relations 872.825.8640 media.relations@united.com United Airlines Reports Best First-Quarter Financial Performance in Five Years Des…”
“"2024 was a strong year across the board for United as we’ve become the leading global airline and we enter 2025 with demand trends continuing to accelerate which puts us on the path to double-digit…”