Wheels Up Experience (UP) Asset Utilization Ratio (2021 - 2025)
Wheels Up Experience (UP) posted quarterly Asset Utilization Ratio of 0.77 for Q3 2025, down 2.22% year-over-year from 0.78 in Q3 2024, and up 4.8% quarter-over-quarter from 0.73 in Q2 2025.
Wheels Up Experience (UP) Asset Utilization Ratio (2021 - 2025) Analysis & Trends
Wheels Up Experience's Asset Utilization Ratio history runs 5 years deep, the most recent figure standing at 0.77 for Q3 2025.
- In Q3 2025, Asset Utilization Ratio fell 2.22% year-over-year to 0.77; the TTM figure through Sep 2025 stood at 0.77 (down 2.22% YoY), while the FY2024 annual figure was 0.64, down 17.25% from the prior year.
- Asset Utilization Ratio for Q3 2025 stood at 0.77, up from 0.73 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 3.96 in Q2 2021, with the low at 0.65 in Q1 2022.
- The 5-year median for Asset Utilization Ratio is 0.83 (2022), against an average of 1.0.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio plunged 81.69% in 2022, then surged 35.8% in 2023.
- Wheels Up Experience's Asset Utilization Ratio stood at 0.65 in 2021, then soared by 31.8% to 0.86 in 2022, then grew by 10.16% to 0.95 in 2023, then fell by 24.09% to 0.72 in 2024, then increased by 6.38% to 0.77 in 2025.
- Business Quant data shows UP's Asset Utilization Ratio at 0.77 in Q3 2025, 0.73 in Q2 2025, and 0.69 in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Southeast Airport | 7.81 Bn | 7.16 Bn | - | 0.07 |
| 2 | Joby Aviation | 7.35 Bn | 7.35 Bn | 10.34 Mn | 0.04 |
| 3 | Central North Airport | 4.92 Bn | 4.75 Bn | - | - |
| 4 | Corporacion America Airports | 3.78 Bn | 3.02 Bn | 198.55 Mn | 0.46 |
| 5 | AerSale | 263.27 Mn | 253.21 Mn | - | - |
| 6 | Icts International N V | 217.05 Mn | 189.86 Mn | - | - |
| 7 | Wheels Up Experience | 171.38 Mn | 37.46 Mn | - | - |
| 8 | Saker Aviation Services | 5.71 Mn | -2.30 Mn | -11,875.00 | 0.00 |
| 9 | Volato | 2.16 Mn | -115,021.80 | 703,000.00 | 5.45 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 0.77 |
| Jun 30, 2025 | 0.73 |
| Mar 31, 2025 | 0.69 |
| Dec 31, 2024 | 0.72 |
| Sep 30, 2024 | 0.78 |
| Jun 30, 2024 | 0.85 |
| Mar 31, 2024 | 0.88 |
| Dec 31, 2023 | 0.95 |
| Sep 30, 2023 | 1.04 |
| Jun 30, 2023 | 0.98 |
| Mar 31, 2023 | 0.88 |
| Dec 31, 2022 | 0.86 |
| Sep 30, 2022 | 0.82 |
| Jun 30, 2022 | 0.73 |
| Mar 31, 2022 | 0.65 |
| Dec 31, 2021 | 0.65 |
| Sep 30, 2021 | 1.11 |
| Jun 30, 2021 | 3.96 |