United Airlines [UAL] vs Southwest Airlines [LUV] Detailed Stock Comparison
TLDR: Quick Comparison Summary
Based on 21 vital metrics comparison: United Airlines Holdings Inc. wins in 16 metrics, Southwest Airlines Co. wins in 4 metrics, with 0 ties. United Airlines Holdings Inc. appears stronger overall.
View Metrics Details
Vital Metrics Comparison
| Metric | United Airlines Holdings Inc. | Southwest Airlines Co. | Better |
|---|---|---|---|
| P/E Ratio (TTM) | 9.52 | 51.80 | United Airlines Holdings Inc. |
| Price-to-Book Ratio | 2.06 | 2.64 | United Airlines Holdings Inc. |
| Debt-to-Equity Ratio | 203.09 | 74.94 | Southwest Airlines Co. |
| PEG Ratio | 1.28 | 1.20 | Southwest Airlines Co. |
| EV/EBITDA | 6.48 | 13.29 | United Airlines Holdings Inc. |
| Profit Margin (TTM) | 5.68% | 1.57% | United Airlines Holdings Inc. |
| Operating Margin (TTM) | 9.14% | 5.09% | United Airlines Holdings Inc. |
| EBITDA Margin (TTM) | 9.14% | 5.09% | United Airlines Holdings Inc. |
| Return on Equity | 23.99% | 4.81% | United Airlines Holdings Inc. |
| Return on Assets (TTM) | 4.23% | 0.95% | United Airlines Holdings Inc. |
| Free Cash Flow (TTM) | $2.56B | $-831.00M | United Airlines Holdings Inc. |
| Dividend Yield | N/A | 1.86% | N/A |
| 1-Year Return | 56.11% | 43.30% | United Airlines Holdings Inc. |
| Price-to-Sales Ratio (TTM) | 0.53 | 0.72 | United Airlines Holdings Inc. |
| Enterprise Value | $50.21B | $22.85B | United Airlines Holdings Inc. |
| EV/Revenue Ratio | 0.85 | 0.81 | Southwest Airlines Co. |
| Gross Profit Margin (TTM) | 29.27% | 20.32% | United Airlines Holdings Inc. |
| Revenue per Share (TTM) | $182 | $52 | United Airlines Holdings Inc. |
| Earnings per Share (Diluted) | $10.20 | $0.79 | United Airlines Holdings Inc. |
| Beta (Stock Volatility) | 1.29 | 1.18 | Southwest Airlines Co. |
| Short % of Float | 4.74% | 5.50% | United Airlines Holdings Inc. |
United Airlines Holdings Inc. vs Southwest Airlines Co. Stock Performance Analysis
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Performance Comparison
Short-term Returns
| Stock | 1D | 1W | 1M | 3M | 6M | YTD |
|---|---|---|---|---|---|---|
| United Airlines Holdings Inc. | 3.85% | 13.91% | 29.21% | 32.89% | 11.39% | 6.16% |
| Southwest Airlines Co. | 1.34% | 12.34% | 19.69% | 14.54% | 10.45% | 11.57% |
Long-term Returns
| Stock | 1Y | 3Y | 5Y | 10Y | 15Y | 20Y |
|---|---|---|---|---|---|---|
| United Airlines Holdings Inc. | 56.11% | 115.93% | 110.34% | 171.05% | 380.53% | 266.96% |
| Southwest Airlines Co. | 43.30% | 32.76% | -17.61% | 14.42% | 315.63% | 178.96% |
Performance & Financial Health Analysis: United Airlines Holdings Inc. vs Southwest Airlines Co.
| Metric | UAL | LUV |
|---|---|---|
| Market Information | ||
| Market Cap | $31.53B | $18.55B |
| Market Cap Category | Large cap | Large cap |
| 10 Day Avg. Volume | 8,672,843 | 7,076,189 |
| 90 Day Avg. Volume | 8,538,158 | 8,096,583 |
| Last Close | $119.97 | $46.08 |
| 52 Week Range | $71.55 - $124.79 | $28.98 - $55.11 |
| % from 52W High | -3.86% | -16.39% |
| All-Time High | $124.79 (Jun 15, 2026) | $66.99 (Dec 18, 2017) |
| % from All-Time High | -3.86% | -31.21% |
| Growth Metrics | ||
| Quarterly Revenue Growth | 0.05% | 0.07% |
| Quarterly Earnings Growth | 0.06% | 0.24% |
| Financial Health | ||
| Profit Margin (TTM) | 0.06% | 0.02% |
| Operating Margin (TTM) | 0.09% | 0.05% |
| Return on Equity (TTM) | 0.24% | 0.05% |
| Debt to Equity (MRQ) | 203.09 | 74.94 |
| Cash & Liquidity | ||
| Book Value per Share (MRQ) | $47.24 | $15.48 |
| Cash per Share (MRQ) | $37.84 | $6.58 |
| Operating Cash Flow (TTM) | $8.43B | $1.84B |
| Levered Free Cash Flow (TTM) | $1.10B | $-683,875,008 |
| Dividends | ||
| Last 12-Month Dividend Yield | N/A | 1.86% |
| Last 12-Month Dividend | $0.00 | $0.72 |
Valuation & Enterprise Metrics Analysis: United Airlines Holdings Inc. vs Southwest Airlines Co.
| Metric | UAL (Apr 22, 2026) | LUV (Apr 24, 2026) |
|---|---|---|
| Price Ratios | ||
| P/E Ratio (TTM) | 9.52 | 51.80 |
| Forward P/E | 6.78 | 8.95 |
| PEG Ratio | 1.28 | 1.20 |
| Price to Sales (TTM) | 0.53 | 0.72 |
| Price to Book (MRQ) | 2.06 | 2.64 |
| Market Capitalization | ||
| Market Capitalization | $31.53B | $18.55B |
| Enterprise Value | $50.21B | $22.85B |
| Enterprise Value Metrics | ||
| Enterprise to Revenue | 0.85 | 0.81 |
| Enterprise to EBITDA | 6.48 | 13.29 |
| Risk & Other Metrics | ||
| Beta | 1.29 | 1.18 |
| Book Value per Share (MRQ) | $47.24 | $15.48 |
Financial Statements Comparison: United Airlines Holdings Inc. vs Southwest Airlines Co.
Financial Metrics
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Revenue
Operating Margin
Profit Margin
Long Term Debt
Income Flow Analysis
Financial Statements Comparison
Income Statement
| Metric | UAL (2025) | LUV (2025) |
|---|---|---|
| Revenue/Sales | 59.07B | 28.06B |
| Cost of Goods Sold | 42.07B | 23.17B |
| COGS % of Revenue | 71.2% | 82.6% |
| Gross Profit | 17.00B | 4.90B |
| Gross Margin | 28.8% | 17.4% |
| Research & Development | N/A | N/A |
| Operating Income (EBIT) | 4.97B | 428.00M |
| Operating Margin | 8.4% | 1.5% |
| EBITDA | 8.67B | 2.20B |
| EBITDA Margin | 14.7% | 7.8% |
| Pre-Tax Income | 4.31B | 563.00M |
| Pre-Tax Income % of Revenue | 7.3% | 2.0% |
| Income Tax | 953.00M | 122.00M |
| Income Tax % of Revenue | 1.6% | 0.4% |
| Net Income (Profit) | 3.35B | 441.00M |
| Profit Margin | 5.7% | 1.6% |
Balance Sheet & Liquidity Metrics
| Metric | UAL (2025) | LUV (2025) |
|---|---|---|
| Cash & Equivalents | 5.94B | 3.23B |
| Total Current Assets | 16.86B | 5.65B |
| Total Current Assets % of Revenue | 28.5% | 20.1% |
| Total Current Liabilities | 26.13B | 10.92B |
| Total Current Liabilities % of Revenue | 44.2% | 38.9% |
| Long-Term Debt | 25.98B | 5.35B |
| Long-Term Debt % of Revenue | 44.0% | 19.0% |
| Total Shareholders Equity | 15.28B | 7.98B |
| Retained Earnings | 10.09B | 16.39B |
| Retained Earnings % of Revenue | 17.1% | 58.4% |
| Property, Plant & Equipment | 18.16B | 10.34B |
Cash Flow Statement Comparison
| Metric | UAL (2025) | LUV (2025) |
|---|---|---|
| Operating Cash Flow | 8.70B | 1.62B |
| Operating Cash Flow % of Revenue | 14.7% | 5.8% |
| Capital Expenditures | 98.00M | 24.00M |
| Free Cash Flow | 2.56B | -831.00M |
| FCF Margin | 4.3% | -3.0% |
| Debt Repayment | -4.77B | -3.28B |
| Common Stock Repurchase | -637.00M | -2.55B |
Short Interest & Institutional Ownership Analysis
| Metric | UAL | LUV |
|---|---|---|
| Shares Short | 15.26M | 20.45M |
| Short Ratio | 1.83 | 2.11 |
| Short % of Float | 4.74% | 5.50% |
| Shares Outstanding | 323.47M | 515.58M |
| Float Shares | 320.60M | 486.20M |
| % Held by Insiders | 0.63% | 1.00% |
| % Held by Institutions | 90.48% | 93.73% |
| % Held by Public | 8.89% | 5.27% |
Dividend Analysis & Yield Comparison: United Airlines Holdings Inc. vs Southwest Airlines Co.
| Metric | UAL | LUV |
|---|---|---|
| Last 12-Month Dividend | $0.00 | $0.72 |
| Last 12-Month Dividend Yield | N/A | 1.86% |
| 3-Year Avg Annual Dividend | $0.00 | $0.72 |
| 3-Year Avg Dividend Yield | N/A | 0.56% |
| 3-Year Total Dividends | $0.00 | $2.16 |
| Ex-Dividend Date | N/A | Mar 12, 2026 |