COMP <GO>
UAL vs DAL // RETURN ON INVESTED CAPITAL (ROIC)
United Airlines Holdings Inc. (NASDAQ) VS. Delta Air Lines Inc. (NYSE) • 15-METRIC TALLY: UAL 4
— DAL 9
▲ RETURN ON INVESTED CAPITAL (ROIC) LEADER: DAL
LAST: $104.24 (-0.92%) • MKT CAP: $33.87B
roic
14.00%
LAST: $80.15 (-1.82%) • MKT CAP: $52.73B
roic
16.20%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (UAL VS. DAL)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | UAL | DAL | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) ACTIVE | 14.00% | 16.20% | -2.20 | DAL | /roic <GO> |
| EV/EBITDA & P/E Valuation | 6.5x | 7.4x | -0.90 | UAL | /valuation <GO> |
| Free Cash Flow Yield | 16.89% | 10.22% | +6.67 | UAL | /fcf-yield <GO> |
| Operating Margin | 8.00% | 9.20% | -1.20 | DAL | /operating-margins <GO> |
| Net Profit Margin | 5.70% | 7.90% | -2.20 | DAL | /net-margins <GO> |
| Revenue Growth (YoY) | 3.50% | 2.80% | +0.70 | UAL | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.82% | -0.82 | DAL | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.57 | 1.83 | -0.26 | DAL | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 7/9 | -1.00 | DAL | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 48.9 | 49.6 | -0.70 | DAL | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.90 | 1.09 | -0.19 | DAL | /macro-sensitivity <GO> |
| Forward P/E Multiple | 9.5x | 10.0x | -0.50 | UAL | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $33.87B | $52.73B | -$18.86B | DAL | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | UAL REV | DAL REV | UAL GROSS % | DAL GROSS % | UAL FCF | DAL FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $59.07B | $63.36B | — | — | $5.77B | $5.49B |
| FY 2024 | $57.06B | $61.64B | — | — | $6.88B | $5.25B |
| FY 2023 | $53.72B | $58.05B | — | — | $4.49B | $3.85B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
UAL // BETA 0.90
DAL // BETA 1.09