United Airlines Holdings, Inc. (UAL)
Industrials · Airlines, Airports & Air Services · Data as of 2026-10-22
Bottom line
UAL is trading near its usual valuation, in the middle of its recent price range, and recent volume shows no clear direction. The picture is mixed, so it may be worth watching rather than acting on. Past patterns are not a guarantee of future results.
Valuation — Cheap-looking, with quality flags (Yellow)
UAL trades at 8.9× earnings, below its own 5-year average of 11× and below similar industrials companies we track (28×, 74 peers). Historically this has been on the cheaper side for the stock. Its free-cash-flow yield is about 3.5%. Growth is slower than its 3-year pace, which deserves some caution. Its current multiple sits around the 55th percentile of its own last five years — around the middle of its own range.
Quality check: only about 31% of reported earnings arrived as free cash over the last year — a gap that often traces to working capital absorbing cash.
Price zones — In the middle of its recent range (Yellow)
At $102.00, the stock sits between its recent support and resistance levels. Over the past year UAL has traded between $84.64 and $138.77; its historical support zone sits near $84.64 and resistance near $108.42. It is below both its 50- and 200-day averages, which has historically signalled a downtrend.
52-week range $84.64–$138.77 · 50-day average $109.73 · 200-day average $108.42
Money flow — No clear direction (Yellow)
Buying and selling volume in UAL have been fairly balanced recently, with no strong accumulation or distribution pattern. Volume on up days has been about 1.3× volume on down days over the last 30 sessions.
Dividends & company facts
UAL doesn't pay a dividend, but it bought back $637 million of its shares in fiscal 2025, about 2.0% of its market value. Its share count rose 0.1% over the past year.
- Buybacks
- 2.01% (fiscal 2025)
- Shares, past year
- +0.1%
- Revenue, 12 months
- $65.6B
- Profit, 12 months
- $3.6B
- Employees
- 117,500
- CEO
- J. Scott Kirby
- Headquarters
- Chicago, IL
- Listed since
- 2006 · NASDAQ
About the company
United Airlines Holdings, Inc., through its various subsidiaries, delivers air travel solutions on a global scale. Its vast network extends across North America, Europe, Asia, Africa, the Pacific, the Middle East, and Latin America, facilitating the movement of both passengers and freight. The company operates these services using a combination of its primary and regional aircraft fleets.
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一句话结论
UAL 估值接近其惯常水平，处于近期价格区间的中部，近期成交量没有明确方向。整体情况好坏参半，也许更适合先观察，而不是急于行动。过去的形态并不能保证未来的结果。
估值 — 看似便宜，但有质量警示
UAL 目前的市盈率为 8.9×，低于其自身 5 年平均的 11×，并且低于我们追踪的同类Industrials公司（28×，74 家）。从历史来看，这属于该股较便宜的一侧。其自由现金流收益率约为 3.5%。增速已慢于其 3 年的平均步伐，这一点值得留意。它当前的估值倍数大约位于自身过去五年分布的第 55 百分位——处于自身区间的中部。
质量核对：过去一年，报告利润中只有约 31% 转化为自由现金——这样的差距常常源于营运资金占用了现金。
价格区间 — 处于近期区间的中部
目前价格为 $102.00，位于其近期的支撑位与阻力位之间。过去一年 UAL 的价格在 $84.64 到 $138.77 之间波动；其历史支撑区在 $84.64 附近，阻力区在 $108.42 附近。它同时位于 50 日和 200 日均线下方，这在历史上通常对应下降趋势。
资金流向 — 方向不明确
UAL 近期的买卖成交量大致均衡，没有明显的吸筹或派发形态。过去 30 个交易日，上涨日的成交量约为下跌日的 1.3×。
股息与公司概况
UAL 不派发股息，但在 2025 财年回购了 6.4亿美元 的股票，约占市值的 2.0%。其股数过去一年增加了 0.1%。
UnderTheLight 用直白的语言解释股票——估值、价格区间与资金流向。它只描述数据，不构成任何投资建议。
UnderTheLight explains stocks in plain English — valuation, price zones and money flow as traffic lights, recomputed nightly. It describes data; it is not investment advice and never recommends a trade.