earnings
confidence high
sentiment positive
materiality 0.85
UAL Q1 record revenue $13.2B, EPS $1.16, pre-tax margin ahead of consensus, removing 4 pts domestic capacity in Q3
United Airlines Holdings, Inc.
2025-Q1 EPS reported
$1.16
revenue$13,213,000,000
- Q1 pre-tax earnings $478M (margin 3.6%), adjusted $391M (3.0%); diluted EPS $1.16, adjusted EPS $0.91, within guidance.
- Record Q1 revenue $13.2B; TRASM +0.5% YoY; premium cabin +9.2%, business +7.4%.
- Removed 4 points of scheduled domestic capacity starting Q3 2025; expects resilient Q2 and full-year earnings.
- YTD repurchased $451M in shares; Q1 operating cash flow $3.7B, free cash flow over $2B.
- International RASM: Atlantic +4.7%, Pacific +8.5%; cargo +9.7%, loyalty +9.4% YoY.