UAL vs ULCC
UAL: United Airlines operates one of North America's most comprehensive airline networks across six continents, generating revenue from passenger transport, cargo, and ancillary services through a hub-and-spoke system. ULCC: Frontier Group is an ultra-low-cost airline focused on providing price-sensitive travelers with affordable, unbundled air travel throughout the Americas.
Side-by-side fundamentals
| Metric | UAL | ULCC | Edge |
|---|---|---|---|
| Price as of 2026-07-31 close | $121.33 | $6.10 | |
| Market cap as of 2026-08-03 | $39.4B | $1.4B | |
| P/E as of 2026-08-03 | 11.34 | n/a | |
| PEG as of 2026-08-03 | 0.64 | -0.00 | ULCC lower |
| Net margin as of 2026-08-03 | +5.6% | -9.6% | UAL higher |
| Gross margin as of 2026-08-03 | +60.8% | +53.1% | UAL higher |
| Operating margin as of 2026-08-03 | +7.8% | -10.2% | UAL higher |
| ROE as of 2026-08-03 | +22.5% | -88.6% | UAL higher |
| ROA as of 2026-08-03 | +4.4% | -5.3% | UAL higher |
| Debt / equity as of 2026-08-03 | 1.58 | 2.63 | UAL lower |
| Revenue growth (YoY) as of 2026-08-03 | +8.5% | -0.5% | UAL higher |
| Revenue CAGR (3y) SEC XBRL | +9.5% | +3.8% | UAL higher |
| Dividend streak (yrs) SEC XBRL | n/a | 0 | |
| Beta as of 2026-08-03 | 1.99 | 2.60 | |
| 1-year return as of 2026-07-31 close | +37.4% | +38.0% | ULCC higher |
Fundamentals: market data, as of 2026-08-03. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-31.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.