Wheels Up Experience (UP) Debt Ratio (2020 - 2025)
Wheels Up Experience's (UP) Debt Ratio was 0.35 for Q4 2025, down 1.8% from 0.35 a year earlier and down 20.5% from the prior quarter.
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Analysis
Wheels Up Experience (UP) Debt Ratio (2020 - 2025) Analysis & Trends
Dating back to Q4 2020, Wheels Up Experience's Debt Ratio record includes 17 quarters.
- By year, Debt Ratio came in at 0.35 in FY2024 (+79.0%), 0.20 in FY2023 (+49.5%) and 0.13 in FY2022.
- The Q4 2025 figure ranks as the lowest quarterly Debt Ratio since Q3 2024.
- Year over year, Debt Ratio gained in seven of the last eight quarters, with growth averaging 53.8%.
- The high point for year-over-year Debt Ratio in five years was Q2 2025 (growth of 90.5%); the low point was Q4 2025 (a decline of 1.8%).
- Per Business Quant data, the three quarters before Q4 2025 came in at 0.44 (Q3 2025), 0.42 (Q2 2025) and 0.38 (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 0.43 |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 0.42 |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 0.28 |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 0.34 |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 0.37 |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 0.26 |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 0.17 |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 0.00 |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 0.00 |
| 10 | Wheels Up Experience | 130.02 Mn | -408.08 Mn | - | 0.35 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.35 |
| Sep 30, 2025 | 0.44 |
| Jun 30, 2025 | 0.42 |
| Mar 31, 2025 | 0.38 |
| Dec 31, 2024 | 0.35 |
| Sep 30, 2024 | 0.23 |
| Jun 30, 2024 | 0.22 |
| Mar 31, 2024 | 0.21 |
| Dec 31, 2023 | 0.20 |
| Sep 30, 2023 | 0.20 |
| Jun 30, 2023 | 0.17 |
| Mar 31, 2023 | 0.14 |
| Dec 31, 2022 | 0.13 |
| Sep 30, 2021 | 0.00 |
| Jun 30, 2021 | 0.00 |
| Mar 31, 2021 | 0.00 |
| Dec 31, 2020 | 0.16 |
API Access
Wheels Up Experience Debt Ratio 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=debt-ratio&ticker=UP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=UP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();