Wheels Up Experience (UP) EBIT Margin (2020 - 2025)
Wheels Up Experience's EBIT Margin came in at -33.07% for Q3 2025, down 11.48 percentage points from -21.59% a year earlier and down 1.64 percentage points from the prior quarter.
Powered by 
Analysis
Wheels Up Experience (UP) EBIT Margin (2020 - 2025) Analysis & Trends
Over the trailing twelve months to Sep 30, 2025, Wheels Up Experience reported EBIT Margin of -33.67%, down 1.24 percentage points year-over-year; for FY2024, it was -32.67%, up 2.72 percentage points from FY2023.
- EBIT Margin carries a five-year change of -12.37 percentage points (FY2019 to FY2024).
- Going back by year, EBIT Margin was -35.39% in FY2023 (+0.06 pp), -35.45% in FY2022 (-18.43 pp), -17.02% in FY2021 (-7.96 pp) and -9.06% in FY2020 (+11.24 pp).
- The five-year range for quarterly EBIT Margin is -58.91% (Q4 2021) to -8.68% (Q2 2021).
- Year-over-year, EBIT Margin increased in five of the last eight quarters, with an average year-over-year change of +3.96 percentage points.
- The fastest year-over-year change in EBIT Margin over five years came in Q4 2023 (a gain of 27.91 percentage points), and the weakest in Q4 2021 (a drop of 44.95 percentage points).
- Business Quant data shows UP's EBIT Margin at -31.43% (Q2 2025), -45.49% (Q1 2025) and -26.04% (Q4 2024) in the three quarters before Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 40.25% |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 38.27% |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 35.35% |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 4.07% |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 32.44% |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 6.20% |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 9.43% |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 29.94% |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 13.12% |
| 10 | Wheels Up Experience | 130.02 Mn | -408.08 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -33.07% |
| Jun 30, 2025 | -31.43% |
| Mar 31, 2025 | -45.49% |
| Dec 31, 2024 | -26.04% |
| Sep 30, 2024 | -21.59% |
| Jun 30, 2024 | -40.28% |
| Mar 31, 2024 | -42.90% |
| Dec 31, 2023 | -26.35% |
| Sep 30, 2023 | -40.31% |
| Jun 30, 2023 | -45.66% |
| Mar 31, 2023 | -27.47% |
| Dec 31, 2022 | -54.26% |
| Sep 30, 2022 | -36.08% |
| Jun 30, 2022 | -22.12% |
| Mar 31, 2022 | -28.47% |
| Dec 31, 2021 | -58.91% |
| Sep 30, 2021 | -22.71% |
| Jun 30, 2021 | -8.68% |
| Mar 31, 2021 | -10.57% |
| Dec 31, 2020 | -13.97% |
API Access
Wheels Up Experience EBIT Margin 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=ebit-margin&ticker=UP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=UP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();