United Airlines forward PE UAL
Share price divided by analysts' consensus earnings for the next twelve months, since 2006.
- Today, Oct 23, 2026
- 10.8×
- 10-year median
- 8.3×
- Against its 10-year history
- 73rd
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 3.7× to 23.4×
- Peer median
- 12.6×
United Airlines' forward PE is 10.8× as of Oct 23, 2026.
That is above its ten-year median of 8.3×, higher than on 73% of days in the last ten years.
Over that time it ranged from 3.7× in Aug 2024 to 23.4× in Feb 2022.
The median for 3 airline and airport stocks of a similar size is 12.6×.
Forward PE over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 10.8× | 9.2× | 20.0× |
| 2025 | 13.5× | 5.7× | 13.5× |
| 2024 | 9.7× | 3.7× | 9.8× |
| 2023 | 5.0× | 4.1× | 6.8× |
| 2022 | 4.3× | 4.2× | 23.4× |
| 2021 | n/m a value too high to mean anything | ||
| 2020 | n/m a value too high to mean anything | ||
| 2019 | 11.2× | 6.8× | 11.2× |
| 2018 | 7.8× | 7.6× | 10.2× |
| 2017 | 8.8× | 7.6× | 12.9× |
| 2016 | 10.8× | 4.9× | 11.2× |
| 2015 | 6.2× | 4.4× | 6.6× |
| 2014 | 6.2× | 4.7× | 11.8× |
| 2013 | 9.2× | 7.8× | 27.6× |
| 2012 | 24.5× | 7.6× | 25.7× |
| 2011 | 7.9× | 5.7× | 10.9× |
| 2010 | 7.4× | 4.0× | 13.7× |
| 2009 | 13.3× | 6.7× | 13.5× |
| 2008 | n/m a value too high to mean anything | ||
| 2007 | 26.9× | 16.1× | 32.7× |
Against its peers
Companies in Airlines, Airports & Air Services nearest United Airlines' size, closest first, today.
| Company | Forward PE |
|---|---|
| UALUnited Airlines | 10.8× |
| LUVSouthwest Airlines | 13.6× |
| DALDelta Air Lines | 11.7× |
| SKYWSkywest | n/m |
| Peer median | 12.6× |
Where United Airlines ranks
What the forward PE tells you
Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.
Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.
More on United Airlines
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.