UAL vs. UPS: United Airlines vs. United Parcel Service Stock Comparison
How do United Airlines (UAL) and United Parcel Service (UPS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
United Airlines (UAL) and United Parcel Service (UPS) both fall under the Transportation industry group, but UAL is classified in Passenger Airlines while UPS is classified in Air Freight & Logistics.
| Profile Item | UAL | UPS |
|---|---|---|
| Name | United Airlines Holdings, Inc. | United Parcel Service, Inc. Class B Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Transportation | Transportation |
| GICS Industry | Passenger Airlines | Air Freight & Logistics |
| GICS Sub-Industry | Passenger Airlines | Air Freight & Logistics |
| Market Capitalization | 36.63 billion USD | 92.21 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | February 6, 2006 | November 10, 1999 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | UAL | UPS |
|---|---|---|
| Total Return (1Y) | 22.35% | 23.57% |
| Total Return (3Y, Annualized) | 47.27% | -1.91% |
| Total Return (5Y, Annualized) | 17.68% | -7.66% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | UAL | UPS |
|---|---|---|
| Volatility (1Y, Annualized) | 48.88% | 29.76% |
| Beta (5Y) | 1.32 | 0.95 |
| Max Drawdown (5Y) | -49.19% | -57.92% |
| Avg. Volume (3M) | 4.24M | 4.77M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | UAL | UPS |
|---|---|---|
| Sharpe Ratio (1Y) | 0.37 | 0.65 |
| Sortino Ratio (1Y) | 0.59 | 0.89 |
Profitability
ROE (TTM)
Both United Airlines (UAL) at 22.31% and United Parcel Service (UPS) at 28.65% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
UAL
Transportation industry group
22.31%
- Max
- 45.08%
- UAL
- 22.31%
- Q3
- 22.02%
- Median
- 13.94%
- Q1
- 2.89%
- Min
- -10.45%
UPS
Transportation industry group
28.65%
- Max
- 45.08%
- UPS
- 28.65%
- Q3
- 22.02%
- Median
- 13.94%
- Q1
- 2.89%
- Min
- -10.45%
Net Margin (TTM)
Both United Airlines (UAL) at 5.46% and United Parcel Service (UPS) at 4.84% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
UAL
Transportation industry group
5.46%
- Max
- 50.36%
- Q3
- 21.18%
- Median
- 5.58%
- UAL
- 5.46%
- Q1
- 1.55%
- Min
- -11.37%
UPS
Transportation industry group
4.84%
- Max
- 50.36%
- Q3
- 21.18%
- Median
- 5.58%
- UPS
- 4.84%
- Q1
- 1.55%
- Min
- -11.37%
Operating Margin (TTM)
Both United Airlines (UAL) at 7.03% and United Parcel Service (UPS) at 9.28% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
UAL
Transportation industry group
7.03%
- Max
- 59.18%
- Q3
- 29.30%
- Median
- 11.50%
- UAL
- 7.03%
- Q1
- 4.62%
- Min
- -8.91%
UPS
Transportation industry group
9.28%
- Max
- 59.18%
- Q3
- 29.30%
- Median
- 11.50%
- UPS
- 9.28%
- Q1
- 4.62%
- Min
- -8.91%
Profitability Metrics
| Metric | UAL | UPS |
|---|---|---|
| ROE (TTM) | 22.31% | 28.65% |
| ROA (TTM) | 3.31% | 7.23% |
| Net Margin (TTM) | 5.46% | 4.84% |
| Operating Margin (TTM) | 7.03% | 9.28% |
| Gross Margin (TTM) | 30.87% | 22.37% |
Growth
Revenue Growth
United Airlines (UAL) at 3.52% is around its peer norm for revenue growth, while United Parcel Service (UPS) at -2.65% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both United Airlines (UAL) at 7.94% and United Parcel Service (UPS) at -2.81% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | UAL | UPS |
|---|---|---|
| Revenue Growth (YoY) | 3.52% | -2.65% |
| Revenue Growth (3Y CAGR) | 9.53% | -4.04% |
| EPS Growth (YoY) | 7.94% | -2.81% |
| EPS Growth (3Y CAGR) | 66.00% | -20.79% |
Financial Strength
Current Ratio (MRQ)
United Parcel Service (UPS) at 1.24 keeps current ratio within its industry’s typical mid-range, while United Airlines (UAL) at 0.75 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for UAL.
UAL
Transportation industry group
0.75
- Max
- 2.58
- Q3
- 1.62
- Median
- 1.16
- Q1
- 0.78
- UAL
- 0.75
- Min
- 0.22
UPS
Transportation industry group
1.24
- Max
- 2.58
- Q3
- 1.62
- UPS
- 1.24
- Median
- 1.16
- Q1
- 0.78
- Min
- 0.22
Debt / Equity (MRQ)
Both United Airlines (UAL) at 1.93 and United Parcel Service (UPS) at 2.03 lean more heavily on debt funding than most peers, landing in the higher-leverage quartile of their industries.
UAL
Transportation industry group
1.93
- Max
- 2.75
- UAL
- 1.93
- Q3
- 1.37
- Median
- 0.78
- Q1
- 0.35
- Min
- 0.00
UPS
Transportation industry group
2.03
- Max
- 2.75
- UPS
- 2.03
- Q3
- 1.37
- Median
- 0.78
- Q1
- 0.35
- Min
- 0.00
Financial Strength Metrics
| Metric | UAL | UPS |
|---|---|---|
| Current Ratio (MRQ) | 0.75 | 1.24 |
| Debt / Equity (MRQ) | 1.93 | 2.03 |
| Net Debt / EBITDA | 2.79 | 1.94 |
Dividends
Dividend Yield (TTM)
United Airlines (UAL) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile United Parcel Service (UPS) reports a yield of 5.91%, ranking against industry peers normally.
UAL
Transportation industry group
0.00%
- Max
- 4.68%
- Q3
- 1.99%
- Median
- 0.74%
- UAL
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
UPS
Transportation industry group
5.91%
- UPS
- 5.91%
- Max
- 4.68%
- Q3
- 1.99%
- Median
- 0.74%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
United Parcel Service (UPS) reports payout ratio above 100% at 126.40%, meaning dividends exceeded current-period earnings; United Airlines (UAL) pays no dividend (payout 0.00%).
UAL
Transportation industry group
0.00%
- Max
- 100.89%
- Q3
- 41.68%
- Median
- 20.43%
- UAL
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
UPS
Transportation industry group
126.40%
- UPS
- 126.40%
- Max
- 100.89%
- Q3
- 41.68%
- Median
- 20.43%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | UAL | UPS |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 5.91% |
| Dividend Payout Ratio (TTM) | 0.00% | 126.40% |
Valuation
P/E Ratio (TTM)
United Airlines (UAL) at 10.32 sits in the cheaper P/E ratio quartile, while United Parcel Service (UPS) at 20.87 is closer to its industry’s usual earnings multiple — a discount for UAL, though growth and earnings durability still matter.
UAL
Transportation industry group
10.32
- Max
- 46.76
- Q3
- 30.87
- Median
- 20.58
- Q1
- 10.44
- UAL
- 10.32
- Min
- 0.00
UPS
Transportation industry group
20.87
- Max
- 46.76
- Q3
- 30.87
- UPS
- 20.87
- Median
- 20.58
- Q1
- 10.44
- Min
- 0.00
P/S Ratio (TTM)
On P/S ratio, both United Airlines (UAL) at 0.56 and United Parcel Service (UPS) at 1.01 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
UAL
Transportation industry group
0.56
- Max
- 4.35
- Q3
- 2.07
- Median
- 0.93
- UAL
- 0.56
- Q1
- 0.53
- Min
- 0.04
UPS
Transportation industry group
1.01
- Max
- 4.35
- Q3
- 2.07
- UPS
- 1.01
- Median
- 0.93
- Q1
- 0.53
- Min
- 0.04
P/B Ratio (MRQ)
United Airlines (UAL) at 2.06 is valued about in line with its industry on P/B ratio, while United Parcel Service (UPS) at 6.15 carries an above-peer premium to book — UPS is pricier on assets.
UAL
Transportation industry group
2.06
- Max
- 6.29
- Q3
- 3.39
- UAL
- 2.06
- Median
- 1.90
- Q1
- 1.03
- Min
- -2.07
UPS
Transportation industry group
6.15
- Max
- 6.29
- UPS
- 6.15
- Q3
- 3.39
- Median
- 1.90
- Q1
- 1.03
- Min
- -2.07
Valuation Metrics
| Metric | UAL | UPS |
|---|---|---|
| P/E Ratio (TTM) | 10.32 | 20.87 |
| P/S Ratio (TTM) | 0.56 | 1.01 |
| P/B Ratio (MRQ) | 2.06 | 6.15 |
| Free Cash Flow Yield (TTM) | -1.57% | 6.79% |