Wheels Up Experience (UP) Capital Expenditures (2020 - 2025)
Wheels Up Experience (UP) posted Capital Expenditures of $23.28 million for Q3 2025, up 357.9% from $5.08 million a year earlier and up 47.7% from the prior quarter.
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Analysis
Wheels Up Experience (UP) Capital Expenditures (2020 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Capital Expenditures at Wheels Up Experience was $161.84 million, up 617.0% year-over-year; for FY2024, it came in at $122.81 million, up 508.9% from FY2023.
- Annual Capital Expenditures shows a five-year compound annual growth rate of 53.5% (FY2019 to FY2024).
- In prior years, Wheels Up Experience's Capital Expenditures was $20.17 million in FY2023 (-75.9%), $83.56 million in FY2022 (+448.5%), $15.23 million in FY2021 (+114.3%) and $7.11 million in FY2020 (-50.7%).
- Quarterly Capital Expenditures has run from a low of $111,000 in Q3 2023 to a high of $108.1 million in Q4 2024 over five years.
- On a year-over-year basis, Capital Expenditures has increased in each of the last three quarters, with growth averaging 156.0% over the last six quarters.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q3 2025, with growth of 357.9%; the weakest was Q3 2023, with a decline of 96.9%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $15.76 million (Q2 2025), $14.7 million (Q1 2025) and $108.1 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 873.00 Mn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 576.00 Mn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 547.98 Mn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 693.00 Mn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 439.00 Mn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 1.47 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | -786.00 Mn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 77.04 Mn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | -551.77 Mn |
| 10 | Wheels Up Experience | 130.02 Mn | -408.08 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 23.28 Mn |
| Jun 30, 2025 | 15.76 Mn |
| Mar 31, 2025 | 14.70 Mn |
| Dec 31, 2024 | 108.10 Mn |
| Sep 30, 2024 | 5.08 Mn |
| Jun 30, 2024 | 5.61 Mn |
| Mar 31, 2024 | 4.02 Mn |
| Dec 31, 2023 | 7.86 Mn |
| Sep 30, 2023 | 111,000.00 |
| Jun 30, 2023 | 3.45 Mn |
| Mar 31, 2023 | 8.75 Mn |
| Dec 31, 2022 | 3.52 Mn |
| Sep 30, 2022 | 3.58 Mn |
| Jun 30, 2022 | 10.12 Mn |
| Mar 31, 2022 | 66.34 Mn |
| Dec 31, 2021 | 8.55 Mn |
| Sep 30, 2021 | 1.90 Mn |
| Jun 30, 2021 | 2.51 Mn |
| Mar 31, 2021 | 2.27 Mn |
| Dec 31, 2020 | 2.23 Mn |
API Access
Wheels Up Experience Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=UP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "UP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=UP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();