vs

Side-by-side financial comparison of Abbott Laboratories (ABT) and United Airlines Holdings (UAL). Click either name above to swap in a different company.

United Airlines Holdings is the larger business by last-quarter revenue ($14.6B vs $11.5B, roughly 1.3× Abbott Laboratories). Abbott Laboratories runs the higher net margin — 15.5% vs 4.8%, a 10.7% gap on every dollar of revenue. On growth, United Airlines Holdings posted the faster year-over-year revenue change (10.6% vs 4.4%). Abbott Laboratories produced more free cash flow last quarter ($2.6B vs $2.0B). Over the past eight quarters, Abbott Laboratories's revenue compounded faster (7.2% CAGR vs -1.3%).

Abbott Laboratories, commonly known as Abbott, is an American multinational medical devices and health care company with headquarters in Abbott Park, Illinois. The company produces pharmaceuticals for sale outside the United States, diagnostic products, nutritional products, and medical devices.

United Airlines, Inc. is a major airline in the United States headquartered in Chicago, Illinois. It operates an extensive domestic and international route network across the United States and to destinations on six continents. Regional service is provided by independent carriers operating under the United Express brand, and the Star Alliance, of which United was one of the five founding airlines, extends its network throughout the world.

ABT vs UAL — Head-to-Head

Bigger by revenue
UAL
UAL
1.3× larger
UAL
$14.6B
$11.5B
ABT
Growing faster (revenue YoY)
UAL
UAL
+6.1% gap
UAL
10.6%
4.4%
ABT
Higher net margin
ABT
ABT
10.7% more per $
ABT
15.5%
4.8%
UAL
More free cash flow
ABT
ABT
$600.0M more FCF
ABT
$2.6B
$2.0B
UAL
Faster 2-yr revenue CAGR
ABT
ABT
Annualised
ABT
7.2%
-1.3%
UAL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ABT
ABT
UAL
UAL
Revenue
$11.5B
$14.6B
Net Profit
$1.8B
$699.0M
Gross Margin
57.0%
Operating Margin
19.6%
6.8%
Net Margin
15.5%
4.8%
Revenue YoY
4.4%
10.6%
Net Profit YoY
-80.8%
80.6%
EPS (diluted)
$1.01
$2.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ABT
ABT
UAL
UAL
Q1 26
$14.6B
Q4 25
$11.5B
$15.4B
Q3 25
$11.4B
$15.2B
Q2 25
$11.1B
$15.2B
Q1 25
$10.4B
$13.2B
Q4 24
$11.0B
$14.7B
Q3 24
$10.6B
$14.8B
Q2 24
$10.4B
$15.0B
Net Profit
ABT
ABT
UAL
UAL
Q1 26
$699.0M
Q4 25
$1.8B
$1.0B
Q3 25
$1.6B
$949.0M
Q2 25
$1.8B
$973.0M
Q1 25
$1.3B
$387.0M
Q4 24
$9.2B
$985.0M
Q3 24
$1.6B
$965.0M
Q2 24
$1.3B
$1.3B
Gross Margin
ABT
ABT
UAL
UAL
Q1 26
Q4 25
57.0%
Q3 25
55.4%
Q2 25
56.4%
Q1 25
56.9%
Q4 24
55.0%
Q3 24
55.8%
Q2 24
55.6%
Operating Margin
ABT
ABT
UAL
UAL
Q1 26
6.8%
Q4 25
19.6%
9.0%
Q3 25
18.1%
9.2%
Q2 25
18.4%
8.7%
Q1 25
16.3%
4.6%
Q4 24
17.4%
10.2%
Q3 24
17.5%
10.5%
Q2 24
16.1%
12.9%
Net Margin
ABT
ABT
UAL
UAL
Q1 26
4.8%
Q4 25
15.5%
6.8%
Q3 25
14.5%
6.2%
Q2 25
16.0%
6.4%
Q1 25
12.8%
2.9%
Q4 24
84.1%
6.7%
Q3 24
15.5%
6.5%
Q2 24
12.5%
8.8%
EPS (diluted)
ABT
ABT
UAL
UAL
Q1 26
$2.14
Q4 25
$1.01
$3.17
Q3 25
$0.94
$2.90
Q2 25
$1.01
$2.97
Q1 25
$0.76
$1.16
Q4 24
$5.26
$2.97
Q3 24
$0.94
$2.90
Q2 24
$0.74
$3.96

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ABT
ABT
UAL
UAL
Cash + ST InvestmentsLiquidity on hand
$8.9B
$14.2B
Total DebtLower is stronger
$12.9B
Stockholders' EquityBook value
$52.1B
$15.9B
Total Assets
$86.7B
$80.9B
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABT
ABT
UAL
UAL
Q1 26
$14.2B
Q4 25
$8.9B
$12.2B
Q3 25
$7.7B
$13.3B
Q2 25
$7.3B
$15.6B
Q1 25
$6.8B
$15.3B
Q4 24
$8.0B
$14.5B
Q3 24
$7.8B
$14.2B
Q2 24
$7.2B
$15.2B
Total Debt
ABT
ABT
UAL
UAL
Q1 26
Q4 25
$12.9B
$20.6B
Q3 25
$20.8B
Q2 25
$20.9B
Q1 25
$24.4B
Q4 24
$14.1B
$25.2B
Q3 24
Q2 24
Stockholders' Equity
ABT
ABT
UAL
UAL
Q1 26
$15.9B
Q4 25
$52.1B
$15.3B
Q3 25
$51.0B
$14.3B
Q2 25
$50.6B
$13.4B
Q1 25
$48.8B
$12.6B
Q4 24
$47.7B
$12.7B
Q3 24
$39.8B
$11.4B
Q2 24
$39.3B
$10.5B
Total Assets
ABT
ABT
UAL
UAL
Q1 26
$80.9B
Q4 25
$86.7B
$76.4B
Q3 25
$84.2B
$76.3B
Q2 25
$84.0B
$77.2B
Q1 25
$81.4B
$76.1B
Q4 24
$81.4B
$74.1B
Q3 24
$74.4B
$72.6B
Q2 24
$73.0B
$73.3B
Debt / Equity
ABT
ABT
UAL
UAL
Q1 26
Q4 25
0.25×
1.35×
Q3 25
1.45×
Q2 25
1.56×
Q1 25
1.93×
Q4 24
0.30×
1.99×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABT
ABT
UAL
UAL
Operating Cash FlowLast quarter
$3.3B
$4.8B
Free Cash FlowOCF − Capex
$2.6B
$2.0B
FCF MarginFCF / Revenue
22.9%
13.9%
Capex IntensityCapex / Revenue
6.0%
13.9%
Cash ConversionOCF / Net Profit
1.87×
6.87×
TTM Free Cash FlowTrailing 4 quarters
$7.4B
$2.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABT
ABT
UAL
UAL
Q1 26
$4.8B
Q4 25
$3.3B
$1.3B
Q3 25
$2.8B
$1.2B
Q2 25
$2.0B
$2.2B
Q1 25
$1.4B
$3.7B
Q4 24
$2.9B
$2.2B
Q3 24
$2.7B
$1.5B
Q2 24
$2.0B
$2.9B
Free Cash Flow
ABT
ABT
UAL
UAL
Q1 26
$2.0B
Q4 25
$2.6B
$-604.0M
Q3 25
$2.3B
$-246.0M
Q2 25
$1.5B
$930.0M
Q1 25
$933.0M
$2.5B
Q4 24
$2.1B
$549.0M
Q3 24
$2.1B
$88.0M
Q2 24
$1.4B
$1.7B
FCF Margin
ABT
ABT
UAL
UAL
Q1 26
13.9%
Q4 25
22.9%
-3.9%
Q3 25
20.2%
-1.6%
Q2 25
13.9%
6.1%
Q1 25
9.0%
18.7%
Q4 24
19.6%
3.7%
Q3 24
20.2%
0.6%
Q2 24
13.8%
11.4%
Capex Intensity
ABT
ABT
UAL
UAL
Q1 26
13.9%
Q4 25
6.0%
12.3%
Q3 25
4.4%
9.6%
Q2 25
4.5%
8.4%
Q1 25
4.7%
9.3%
Q4 24
6.6%
11.4%
Q3 24
5.2%
9.5%
Q2 24
5.1%
7.8%
Cash Conversion
ABT
ABT
UAL
UAL
Q1 26
6.87×
Q4 25
1.87×
1.23×
Q3 25
1.70×
1.28×
Q2 25
1.15×
2.28×
Q1 25
1.07×
9.59×
Q4 24
0.31×
2.26×
Q3 24
1.64×
1.55×
Q2 24
1.51×
2.17×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ABT
ABT

Segment breakdown not available.

UAL
UAL

Passenger revenue$13.2B90%
Other$1.0B7%
Cargo revenue$422.0M3%

Related Comparisons