What is the current annual net margin of UAL?

As of today, UAL annual net margin is 5.68%

What is 1-year change in UAL annual net margin?

UAL annual net margin is up +2.90% year-over-year

What is 3-year change in UAL annual net margin?

UAL annual net margin is up +246.34% over the past 3 years

How far is UAL annual net margin from its all-time high?

UAL annual net margin is currently -70.71% below its historical high of 19.39% set on December 31, 2015

How does UAL annual net margin rank versus sector peers?

UAL annual net margin is higher than 62.70% of companies in Industrials sector

When is UAL next annual earnings release?

The next annual earnings release for UAL is on January 26, 2027

What is the current quarterly net margin of UAL?

As of today, UAL quarterly net margin is 5.76%

What is UAL quarterly net margin most recent change?

UAL quarterly net margin was up +26.32% on September 30, 2026

What is 1-year change in UAL quarterly net margin?

UAL quarterly net margin is down -7.54% year-over-year

How far is UAL quarterly net margin from its all-time high?

UAL quarterly net margin is currently -87.67% below its historical high of 46.73% set on September 30, 2015

How does UAL quarterly net margin rank versus sector peers?

UAL quarterly net margin is higher than 55.17% of companies in Industrials sector

When is UAL next earnings release?

The next earnings release for UAL is on January 26, 2027

UAL Net Margin History & Chart Since 1980

Annual Net Margin

5.68%0.16%+2.90%

December 31, 2025

Summary

Current Value: As of today, UAL annual net margin is 5.68%, up +2.90% on December 31, 2025
Historical Performance: UAL annual net margin is up +246.34% over the past 3 years, up +112.34% over the past 5 years
All-Time High Comparison: UAL annual net margin is currently -70.71% below its historical high of 19.39% set on December 31, 2015
3-Year Low Comparison: UAL annual net margin is +246.34% above its 3-year low of 1.64% reached on an earlier date
Sector Comparison: UAL annual net margin is higher than 62.70% of companies in Industrials sector

Net Margin Chart

beforeafter

Performance

UAL Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	5.68%	+2.9%	+246.3%	+112.3%	+421.1%
Quarterly Net Margin	Sep 30, 26	5.76%	-7.5%	-26.6%	-5.6%	-10.0%
Price	Nov 9, 26	$120.38	+23.6%	+222.6%	+128.0%	+574.4%
PE Ratio	Nov 9, 26	11.00	+12.7%	+154.0%	–	-12.5%
Annual Revenue	Dec 31, 25	$59.07B	+3.5%	+31.4%	+284.7%	+154.3%
Annual Net Income	Dec 31, 25	$3.35B	+6.5%	+354.9%	+147.4%	+1225.3%
Annual Gross Margin	Dec 31, 25	11.99%	-58.5%	+34.4%	+121.6%	+4.1%
Annual Operating Margin	Dec 31, 25	8.42%	-7.8%	+52.8%	+114.4%	+10.9%

Net Margin Highs

UAL Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	5.68%	Dec 31, 25	at high
5Y	5.68%	Dec 31, 25	at high
All	19.39%	Dec 31, 15	-70.7%

Net Margin Lows

UAL Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	1.64%	N/A	+246.3%
5Y	-46.04%	N/A	+112.3%
All	-121.85%	Dec 31, 05	+104.7%

Net Margin History

Year	Value	Change
2025	5.68%	+2.9%
2024	5.52%	+13.3%
2023	4.87%	+197.0%
2022	1.64%	+120.6%
2021	-7.97%	+82.7%
2020	-46.04%	-761.5%
2019	6.96%	+35.4%
2018	5.14%	-9.3%
2017	5.67%	-8.4%
2016	6.19%	-68.1%
2015	19.39%	+566.3%
2014	2.91%	+95.3%
2013	1.49%	+176.4%
2012	-1.95%	-186.3%
2011	2.26%	+107.3%
2010	1.09%	+127.3%
2009	-3.99%	+84.9%
2008	-26.48%	-1,417.4%
2007	2.01%	+101.6%
2005	-121.85%	-1,060.5%
2004	-10.50%	+48.7%
2003	-20.46%	+8.8%
2002	-22.43%	-69.9%

Year	Value	Change
2001	-13.20%	-1,042.9%
2000	1.40%	-79.6%
1999	6.87%	+46.8%
1998	4.68%	-16.4%
1997	5.60%	+47.4%
1996	3.80%	+40.7%
1995	2.70%	+280.3%
1994	0.71%	+438.1%
1993	-0.21%	+93.5%
1992	-3.24%	-13.7%
1991	-2.85%	-431.4%
1990	0.86%	-74.0%
1989	3.31%	-50.4%
1988	6.67%	>+9,900.0%
1987	-0.05%	-138.5%
1986	0.13%	+117.1%
1985	-0.76%	-120.3%
1984	3.74%	+58.5%
1983	2.36%	+1,023.8%
1982	0.21%	+115.3%
1981	-1.37%	-426.2%
1980	0.42%	-

FAQ

What is the current annual net margin of UAL?: As of today, UAL annual net margin is 5.68%
What is 1-year change in UAL annual net margin?: UAL annual net margin is up +2.90% year-over-year
What is 3-year change in UAL annual net margin?: UAL annual net margin is up +246.34% over the past 3 years
How far is UAL annual net margin from its all-time high?: UAL annual net margin is currently -70.71% below its historical high of 19.39% set on December 31, 2015
How does UAL annual net margin rank versus sector peers?: UAL annual net margin is higher than 62.70% of companies in Industrials sector
When is UAL next annual earnings release?: The next annual earnings release for UAL is on January 26, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

5.76%1.20%+26.32%

September 30, 2026

Summary

Current Value: As of today, UAL quarterly net margin is 5.76%, up +26.32% on September 30, 2026
Historical Performance: UAL quarterly net margin is down -7.54% year-over-year, down -26.62% over the past 3 years
All-Time High Comparison: UAL quarterly net margin is currently -87.67% below its historical high of 46.73% set on September 30, 2015
3-Year Low Comparison: UAL quarterly net margin is +681.82% above its 3-year low of -0.99% reached on March 31, 2024
Sector Comparison: UAL quarterly net margin is higher than 55.17% of companies in Industrials sector

Performance

UAL Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Sep 30, 26	5.76%	+26.3%	-7.5%	-26.6%	-5.6%
Annual Net Margin	Dec 31, 25	5.68%	–	+2.9%	+246.3%	+112.3%
Price	Nov 9, 26	$120.38	-7.1%	+23.6%	+222.6%	+128.0%
PE Ratio	Nov 9, 26	11.00	-9.2%	+12.7%	+154.0%	–
Quarterly Revenue	Sep 30, 26	$17.88B	+1.1%	+17.4%	+23.4%	+130.7%
Quarterly Net Income	Sep 30, 26	$1.03B	+27.8%	+8.4%	-9.5%	+117.5%
Quarterly Gross Margin	Sep 30, 26	25.74%	+5.8%	-11.4%	+63.2%	+1168.0%
Quarterly Operating Margin	Sep 30, 26	6.88%	+27.9%	-20.7%	-43.6%	+970.9%

Quarterly Net Margin Highs

UAL Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	6.78%	Dec 31, 25	-15.0%
3Y	8.83%	Jun 30, 24	-34.8%
5Y	8.83%	Jun 30, 24	-34.8%
All	46.73%	Sep 30, 15	-87.7%

Quarterly Net Margin Lows

UAL Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	4.56%	Jun 30, 26	+26.3%
3Y	-0.99%	Mar 31, 24	+681.8%
5Y	-18.20%	Mar 31, 22	+131.7%
All	-385.41%	Dec 31, 05	+101.5%

Quarterly Net Margin History

Month	Value	Change
Sep 2026	5.76%	+26.3%
Jun 2026	4.56%	-4.8%
Mar 2026	4.79%	-29.4%
Dec 2025	6.78%	+8.8%
Sep 2025	6.23%	-2.5%
Jun 2025	6.39%	+118.1%
Mar 2025	2.93%	-56.3%
Dec 2024	6.70%	+3.1%
Sep 2024	6.50%	-26.4%
Jun 2024	8.83%	+991.9%
Mar 2024	-0.99%	-122.5%
Dec 2023	4.40%	-43.9%
Sep 2023	7.85%	+3.6%
Jun 2023	7.58%	+545.9%
Mar 2023	-1.70%	-125.0%
Dec 2022	6.80%	-7.1%
Sep 2022	7.32%	+169.1%
Jun 2022	2.72%	+114.9%
Mar 2022	-18.20%	-130.7%
Dec 2021	-7.89%	-229.3%
Sep 2021	6.10%	+176.9%
Jun 2021	-7.93%	+81.2%
Mar 2021	-42.13%	+24.2%
Dec 2020	-55.60%	+24.8%
Sep 2020	-73.97%	+32.9%
Jun 2020	-110.31%	-416.4%
Mar 2020	-21.36%	-462.6%
Dec 2019	5.89%	-34.6%
Sep 2019	9.00%	-2.5%
Jun 2019	9.23%	+202.6%
Mar 2019	3.05%	-30.5%
Dec 2018	4.39%	-42.0%
Sep 2018	7.57%	+19.4%
Jun 2018	6.34%	+293.8%
Mar 2018	1.61%	-73.7%
Dec 2017	6.13%	-6.0%
Sep 2017	6.52%	-20.5%
Jun 2017	8.20%	+619.3%
Mar 2017	1.14%	-74.0%
Dec 2016	4.39%	-54.9%
Sep 2016	9.73%	+55.4%
Jun 2016	6.26%	+63.9%
Mar 2016	3.82%	-58.1%
Dec 2015	9.11%	-80.5%
Sep 2015	46.73%	+288.4%
Jun 2015	12.03%	+103.9%
Mar 2015	5.90%	+1,866.7%
Dec 2014	0.30%	-96.6%
Sep 2014	8.74%	+14.5%
Jun 2014	7.63%	+209.0%
Mar 2014	-7.00%	-569.8%
Dec 2013	1.49%	-59.7%
Sep 2013	3.70%	-20.9%
Jun 2013	4.68%	+197.9%
Mar 2013	-4.78%	+32.9%
Dec 2012	-7.12%	>-9,900.0%
Sep 2012	0.06%	-98.2%
Jun 2012	3.40%	+165.3%
Mar 2012	-5.21%	-236.1%
Dec 2011	-1.55%	-124.2%
Sep 2011	6.40%	+15.9%
Jun 2011	5.52%	+312.3%
Mar 2011	-2.60%	+32.5%
Dec 2010	-3.85%	-153.7%
Sep 2010	7.17%	+35.5%
Jun 2010	5.29%	+374.1%
Mar 2010	-1.93%	+66.3%
Dec 2009	-5.72%	-343.4%
Sep 2009	-1.29%	-284.3%

Month	Value	Change
Jun 2009	0.70%	+106.8%
Mar 2009	-10.35%	+63.9%
Dec 2008	-28.66%	-104.7%
Sep 2008	-14.00%	+72.4%
Jun 2008	-50.81%	-345.7%
Mar 2008	-11.40%	-985.7%
Dec 2007	-1.05%	-117.2%
Sep 2007	6.09%	+15.8%
Jun 2007	5.26%	+251.1%
Mar 2007	-3.48%	-161.7%
Dec 2006	-1.33%	-136.2%
Sep 2006	3.67%	+57.5%
Jun 2006	2.33%	+100.6%
Dec 2005	-385.41%	-912.4%
Sep 2005	-38.07%	-17.8%
Jun 2005	-32.33%	-18.3%
Mar 2005	-27.33%	-329.7%
Sep 2004	-6.36%	-4.1%
Jun 2004	-6.11%	+48.0%
Mar 2004	-11.74%	+10.7%
Dec 2003	-13.14%	-36.7%
Sep 2003	-9.61%	+52.0%
Jun 2003	-20.04%	+52.5%
Mar 2003	-42.18%	+0.5%
Dec 2002	-42.39%	-78.4%
Sep 2002	-23.76%	-165.2%
Jun 2002	-8.96%	+42.1%
Mar 2002	-15.48%	-48.7%
Dec 2001	-10.41%	+63.1%
Sep 2001	-28.20%	-261.1%
Jun 2001	-7.81%	-13.7%
Mar 2001	-6.87%	-377.1%
Dec 2000	-1.44%	+35.1%
Sep 2000	-2.22%	-133.6%
Jun 2000	6.60%	+170.5%
Mar 2000	2.44%	-15.3%
Dec 1999	2.88%	-61.1%
Sep 1999	7.41%	-49.7%
Jun 1999	14.73%	+683.5%
Mar 1999	1.88%	+51.6%
Dec 1998	1.24%	-86.1%
Sep 1998	8.89%	+40.0%
Jun 1998	6.35%	+323.3%
Mar 1998	1.50%	+177.8%
Dec 1997	0.54%	-95.7%
Sep 1997	12.48%	+126.1%
Jun 1997	5.52%	+116.5%
Mar 1997	2.55%	+431.3%
Dec 1996	0.48%	-93.7%
Sep 1996	7.58%	+60.9%
Jun 1996	4.71%	+859.7%
Mar 1996	-0.62%	+52.7%
Dec 1995	-1.31%	-122.2%
Sep 1995	5.89%	+48.7%
Jun 1995	3.96%	+4,300.0%
Mar 1995	0.09%	-71.9%
Dec 1994	0.32%	-85.1%
Sep 1994	2.15%	+36.9%
Jun 1994	1.57%	+253.9%
Mar 1994	-1.02%	+43.0%
Dec 1993	-1.79%	-148.0%
Sep 1993	3.73%	+501.6%
Jun 1993	0.62%	+113.2%
Mar 1993	-4.71%	+80.9%
Dec 1992	-24.71%	-4,218.3%
Sep 1992	0.60%	+119.8%
Jun 1992	-3.03%	+2.6%
Mar 1992	-3.11%	-

FAQ

What is the current quarterly net margin of UAL?: As of today, UAL quarterly net margin is 5.76%
What is UAL quarterly net margin most recent change?: UAL quarterly net margin was up +26.32% on September 30, 2026
What is 1-year change in UAL quarterly net margin?: UAL quarterly net margin is down -7.54% year-over-year
How far is UAL quarterly net margin from its all-time high?: UAL quarterly net margin is currently -87.67% below its historical high of 46.73% set on September 30, 2015
How does UAL quarterly net margin rank versus sector peers?: UAL quarterly net margin is higher than 55.17% of companies in Industrials sector
When is UAL next earnings release?: The next earnings release for UAL is on January 26, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

UAL Official Website www.united.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/100517/000010051726000014/0000100517-26-000014-index.htm
UAL Profile on Yahoo Finance finance.yahoo.com/quote/UAL
UAL Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ual