Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
Profitability ratio | Description | The company |
---|---|---|
Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | United Airlines Holdings Inc. operating profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. |
Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | United Airlines Holdings Inc. net profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. |
Profitability ratio | Description | The company |
---|---|---|
ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | United Airlines Holdings Inc. ROE improved from 2020 to 2021 and from 2021 to 2022. |
ROA | A profitability ratio calculated as net income divided by total assets. | United Airlines Holdings Inc. ROA improved from 2020 to 2021 and from 2021 to 2022. |
Operating Profit Margin
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | ||
---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||
Operating income (loss) | 2,337) | (1,022) | (6,359) | 4,301) | 3,292) | |
Operating revenue | 44,955) | 24,634) | 15,355) | 43,259) | 41,303) | |
Profitability Ratio | ||||||
Operating profit margin1 | 5.20% | -4.15% | -41.41% | 9.94% | 7.97% | |
Benchmarks | ||||||
Operating Profit Margin, Competitors2 | ||||||
FedEx Corp. | 6.68% | 6.98% | 3.49% | 6.41% | 7.44% | |
Uber Technologies Inc. | -5.75% | -21.97% | -43.66% | -60.76% | — | |
Union Pacific Corp. | 39.87% | 42.83% | 40.11% | 39.40% | — | |
United Parcel Service Inc. | 13.05% | 13.17% | 9.08% | 10.52% | — | |
Operating Profit Margin, Sector | ||||||
Transportation | 10.94% | 10.96% | 7.08% | 6.80% | — | |
Operating Profit Margin, Industry | ||||||
Industrials | 9.22% | 9.67% | 4.46% | 9.61% | — |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Operating profit margin = 100 × Operating income (loss) ÷ Operating revenue
= 100 × 2,337 ÷ 44,955 = 5.20%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | United Airlines Holdings Inc. operating profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. |
Net Profit Margin
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | ||
---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||
Net income (loss) | 737) | (1,964) | (7,069) | 3,009) | 2,129) | |
Operating revenue | 44,955) | 24,634) | 15,355) | 43,259) | 41,303) | |
Profitability Ratio | ||||||
Net profit margin1 | 1.64% | -7.97% | -46.04% | 6.96% | 5.15% | |
Benchmarks | ||||||
Net Profit Margin, Competitors2 | ||||||
FedEx Corp. | 4.09% | 6.23% | 1.86% | 0.77% | 6.99% | |
Uber Technologies Inc. | -28.68% | -2.84% | -60.76% | -60.13% | — | |
Union Pacific Corp. | 28.13% | 29.92% | 27.38% | 27.27% | — | |
United Parcel Service Inc. | 11.51% | 13.25% | 1.59% | 5.99% | — | |
Net Profit Margin, Sector | ||||||
Transportation | 5.28% | 10.95% | 0.66% | 1.33% | — | |
Net Profit Margin, Industry | ||||||
Industrials | 5.17% | 6.38% | 1.50% | 3.89% | — |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Net profit margin = 100 × Net income (loss) ÷ Operating revenue
= 100 × 737 ÷ 44,955 = 1.64%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | United Airlines Holdings Inc. net profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. |
Return on Equity (ROE)
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | ||
---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||
Net income (loss) | 737) | (1,964) | (7,069) | 3,009) | 2,129) | |
Stockholders’ equity | 6,896) | 5,029) | 5,960) | 11,531) | 9,995) | |
Profitability Ratio | ||||||
ROE1 | 10.69% | -39.05% | -118.61% | 26.09% | 21.30% | |
Benchmarks | ||||||
ROE, Competitors2 | ||||||
FedEx Corp. | 15.34% | 21.64% | 7.03% | 3.04% | 23.55% | |
Uber Technologies Inc. | -124.54% | -3.43% | -55.18% | -59.94% | — | |
Union Pacific Corp. | 57.54% | 46.06% | 31.54% | 32.65% | — | |
United Parcel Service Inc. | 58.36% | 90.44% | 204.41% | 135.90% | — | |
ROE, Sector | ||||||
Transportation | 20.60% | 36.02% | 2.51% | 4.49% | — | |
ROE, Industry | ||||||
Industrials | 15.98% | 17.17% | 4.29% | 14.53% | — |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
ROE = 100 × Net income (loss) ÷ Stockholders’ equity
= 100 × 737 ÷ 6,896 = 10.69%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | United Airlines Holdings Inc. ROE improved from 2020 to 2021 and from 2021 to 2022. |
Return on Assets (ROA)
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | ||
---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||
Net income (loss) | 737) | (1,964) | (7,069) | 3,009) | 2,129) | |
Total assets | 67,358) | 68,175) | 59,548) | 52,611) | 44,792) | |
Profitability Ratio | ||||||
ROA1 | 1.09% | -2.88% | -11.87% | 5.72% | 4.75% | |
Benchmarks | ||||||
ROA, Competitors2 | ||||||
FedEx Corp. | 4.45% | 6.32% | 1.75% | 0.99% | 8.74% | |
Uber Technologies Inc. | -28.47% | -1.28% | -20.35% | -26.78% | — | |
Union Pacific Corp. | 10.69% | 10.27% | 8.57% | 9.60% | — | |
United Parcel Service Inc. | 16.24% | 18.57% | 2.15% | 7.67% | — | |
ROA, Sector | ||||||
Transportation | 5.20% | 9.49% | 0.52% | 1.16% | — | |
ROA, Industry | ||||||
Industrials | 3.44% | 3.87% | 0.78% | 2.43% | — |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
ROA = 100 × Net income (loss) ÷ Total assets
= 100 × 737 ÷ 67,358 = 1.09%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
ROA | A profitability ratio calculated as net income divided by total assets. | United Airlines Holdings Inc. ROA improved from 2020 to 2021 and from 2021 to 2022. |