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United Airlines Holdings (United Airlines Holdings) Enterprise Value

: $33,679 Mil (As of Today)
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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, United Airlines Holdings's Enterprise Value is $33,679 Mil. United Airlines Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $5,160 Mil. Therefore, United Airlines Holdings's EV-to-EBIT ratio for today is 6.53.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, United Airlines Holdings's Enterprise Value is $33,679 Mil. United Airlines Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $5,160 Mil. Therefore, United Airlines Holdings's EV-to-EBITDA ratio for today is 6.53.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, United Airlines Holdings's Enterprise Value is $33,679 Mil. United Airlines Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $53,717 Mil. Therefore, United Airlines Holdings's EV-to-Revenue ratio for today is 0.63.


United Airlines Holdings Enterprise Value Historical Data

The historical data trend for United Airlines Holdings's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

United Airlines Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37,635.62 34,555.30 35,136.45 32,344.26 33,563.06

United Airlines Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32,344.26 33,381.63 34,699.21 31,802.95 33,563.06

Competitive Comparison

For the Airlines subindustry, United Airlines Holdings's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


United Airlines Holdings Enterprise Value Distribution

For the Transportation industry and Industrials sector, United Airlines Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where United Airlines Holdings's Enterprise Value falls into.



United Airlines Holdings Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

United Airlines Holdings's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

United Airlines Holdings's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


United Airlines Holdings  (NAS:UAL) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

United Airlines Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=33679.260/5160
=6.53

United Airlines Holdings's current Enterprise Value is $33,679 Mil.
United Airlines Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,160 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

United Airlines Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=33679.260/5160
=6.53

United Airlines Holdings's current Enterprise Value is $33,679 Mil.
United Airlines Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,160 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

United Airlines Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=33679.260/53717
=0.63

United Airlines Holdings's current Enterprise Value is $33,679 Mil.
United Airlines Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $53,717 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


United Airlines Holdings Enterprise Value Related Terms

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United Airlines Holdings (United Airlines Holdings) Business Description

Address
233 South Wacker Drive, Chicago, IL, USA, 60606
United Airlines is a major U.S. network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel than its large U.S. peers.
Executives
Kennedy James A C director T ROWE PRICE GROUP INC, 100 E PRATT ST, BALTIMORE MD 21202
Michael D. Leskinen officer: EVP & Chief Financial Officer 233 S. WACKER DRIVE, WHQLD, CHICAGO IL 60606
Gerald Laderman officer: EVP and CFO 233 S. WACKER DRIVE 11TH FL WHQLD, CHICAGO IL 60606
Gregory L Hart officer: EVP & Chief Growth Officer 233 SOUTH WACKER DRIVE, 11TH FLOOR HDQLD, CHICAGO IL 60606
Edward M Philip director C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Carolyn Corvi director 233 SOUTH WACKER DRIVE 11TH FL WHQLD, CHICAGO IL 60606
Barney Harford director C/O ORBITZ WORLDWIDE, INC., 500 W. MADISON STREET, SUITE 1000, CHICAGO IL 60661
Michele J Hooper director C/O PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Edward Shapiro director 275 GROVE STREET, NEWTON MA 02466
Chris Kenny officer: Vice President & Controller 233 S. WACKER DRIVE 11TH FL WHQLD, CHICAGO IL 60606
Andrew P Nocella officer: EVP & Chief Commercial Officer 233 S. WACKER DR. 11TH FL WHQLD, CHICAGO IL 60606
Torbjorn J Enqvist officer: EVP & Chief Operations Officer 233 S. WACKER DRIVE, 11TH FL WHQLD, CHICAGO IL 60606
Linda P Jojo officer: EVP & Chief Customer Officer 233 S. WACKER DRIVE 11TH FL WHQLD, CHICAGO IL 60606
Kate Gebo officer: EVP HR and Labor Relations 233 SOUTH WACKER DRIVE, 11TH FL - WHQLD, CHICAGO IL 60606
Brett J Hart officer: President 233 S. WACKER DRIVE, 11TH FL - WHQLD, CHICAGO IL 60606