Seasonality
UAL seasonality — United Airlines Holdings
Over the last 11 years, UAL's strongest month on average has been November (+10.6%) and its weakest March (-9.6%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +0.75% | -0.88% | 50% | +29.9% | -15.1% | 10 |
| Feb | +3.19% | +3.72% | 70% | +31.7% | -17.7% | 10 |
| Mar | -9.58% | -6.90% | 40% | +9.2% | -48.8% | 10 |
| Apr | +0.91% | -0.81% | 30% | +11.4% | -6.2% | 10 |
| May | +5.46% | +5.15% | 70% | +27.6% | -12.6% | 10 |
| Jun | +2.09% | +0.22% | 60% | +23.4% | -25.6% | 10 |
| Jul | -1.36% | -3.84% | 40% | +15.3% | -10.8% | 10 |
| Aug | -0.19% | -3.89% | 30% | +18.9% | -11.0% | 10 |
| Sep | +0.59% | +0.07% | 50% | +29.6% | -15.1% | 10 |
| Oct | +3.30% | -2.78% | 30% | +37.1% | -17.2% | 10 |
| Nov | +10.60% | +8.42% | 89% | +33.0% | -8.4% | 9 |
| Dec | -0.67% | +1.94% | 60% | +9.7% | -14.7% | 10 |
Monthly returns heat map — UAL
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -8.5 | 3.9 | -13.4 | -2.2 | 27.6 | 18.5 | -10.8 | -11.0 | 2.7 | -6.0 | 8.2 | +0.8% | |
| 2025 | 9.0 | -11.4 | -26.4 | -0.3 | 15.4 | 0.2 | 10.9 | 18.9 | -8.1 | -2.5 | 8.4 | 9.7 | +15.2% |
| 2024 | 0.3 | 9.9 | 5.2 | 7.5 | 3.0 | -8.2 | -6.7 | -3.0 | 29.6 | 37.1 | 23.7 | 0.3 | +135.3% |
| 2023 | 29.9 | 6.1 | -14.8 | -1.0 | 8.4 | 15.6 | -1.0 | -8.3 | -15.1 | -17.2 | 12.5 | 4.7 | +9.4% |
| 2022 | -2.1 | 3.5 | 4.4 | 8.9 | -5.7 | -25.6 | 3.8 | -4.7 | -7.1 | 32.4 | 2.5 | -14.7 | -13.9% |
| 2021 | -7.5 | 31.7 | 9.2 | -5.5 | 7.3 | -10.4 | -10.7 | -0.5 | 2.3 | -3.0 | -8.4 | 3.6 | +1.2% |
| 2020 | -15.1 | -17.7 | -48.8 | -6.2 | -5.2 | 23.4 | -9.3 | 14.7 | -3.5 | -2.6 | 33.0 | -4.0 | -50.9% |
| 2019 | 4.2 | 0.6 | -9.1 | 11.4 | -12.6 | 12.8 | 5.0 | -8.3 | 4.9 | 2.8 | 2.2 | -5.1 | +5.2% |
| 2018 | 0.6 | -0.0 | 2.5 | -2.8 | 3.0 | 0.2 | 15.3 | 8.7 | 1.9 | -4.0 | 13.1 | -13.4 | +24.2% |
| 2017 | -3.3 | 5.1 | -4.7 | -0.6 | 13.5 | -5.5 | -10.1 | -8.4 | -1.7 | -3.9 | 8.3 | 6.4 | -7.5% |
| 2016 | 5.7 |