Company / Return on Equity (ROE)
United Airlines Holdings Return on Equity (ROE) History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
21.9%
FY2025
5-year range
-118.6% / 28.1%
FY2021-FY2025
Trend
-11.7%
vs FY2024
Sector context
#72 of 330
Industrials
What the data says
United Airlines Holdings's return on equity (roe) of 21.9% is higher than 78% of companies in the Industrials sector (FY2025). Return on Equity (ROE) has fluctuated over the past 10 years, ranging from -118.6% in FY2022 to 28.1% in FY2023.
Based on SEC 10-K filings.
21.9% in FY2025 with a 5-year CAGR of +0.8%. Top quartile in the Industrials sector.
Declined from 28.1% to 21.9% over the past 2 years.
Industrials sector context is included.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- +140.6pp
- 5-Year Change
- +0.8pp
- 10-Year Change
- -
Sector benchmark
+124.3% above sector average
Key checks
Key Insights
- In FY2025, return on equity (roe) decreased 11.7% year-over-year.
- Currently 12.2pp above the Industrials sector average.
- Peak return on equity (roe) was recorded in FY2023.
- Lowest return on equity (roe) in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 1.09 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 23.0%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | 21.9% | -11.7% |
| FY2024 | 24.8% | -11.5% |
| FY2023 | 28.1% | +123.7% |
| FY2022 | -118.6% | -554.6% |
| FY2021 | 26.1% | +23.5% |
| FY2020 | 21.1% | -13.4% |
| FY2019 | 24.4% | +15.4% |
| FY2018 | 21.1% | -13.4% |
| FY2017 | 24.4% | -6.4% |
| FY2016 | 26.1% | +36.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026