Wheels Up Experience (UP) EBT Margin (2020 - 2025)
Wheels Up Experience (UP) posted quarterly EBT Margin of 44.42% for Q3 2025, down 1486.0% year-over-year from 3.21% in Q3 2024, and down 3.57% quarter-over-quarter from 42.89% in Q2 2025.
Wheels Up Experience (UP) EBT Margin (2020 - 2025) Analysis & Trends
Wheels Up Experience's EBT Margin history runs 6 years deep, the most recent figure standing at 44.42% for Q3 2025.
- In Q3 2025, EBT Margin fell 1486.0% year-over-year to 44.42%; the TTM figure through Sep 2025 stood at 46.21% (down 640.0% YoY), while the FY2024 annual figure was 42.72%, down 395.0% from the prior year.
- EBT Margin for Q3 2025 stood at 44.42%, down from 42.89% in the prior quarter.
- The five-year high for EBT Margin was 10.14% in Q2 2021, with the low at 57.14% in Q4 2021.
- The 5-year median for EBT Margin is 42.5% (2024), against an average of 37.22%.
- The sharpest annual moves came in 2021 and 2023: EBT Margin tumbled 4088 bps in 2021, then jumped 2251 bps in 2023.
- Wheels Up Experience's EBT Margin stood at 57.14% in 2021, then gained by 3 bps to 55.17% in 2022, then surged by 41 bps to 32.67% in 2023, then plunged by 30 bps to 42.5% in 2024, then fell by 5 bps to 44.42% in 2025.
- Business Quant data shows UP's EBT Margin at 44.42% in Q3 2025, 42.89% in Q2 2025, and 55.9% in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Southeast Airport | 7.81 Bn | 7.16 Bn | - | - |
| 2 | Joby Aviation | 7.35 Bn | 7.35 Bn | 10.34 Mn | -634.85% |
| 3 | Central North Airport | 4.92 Bn | 4.75 Bn | - | - |
| 4 | Corporacion America Airports | 3.78 Bn | 3.02 Bn | 198.55 Mn | 23.86% |
| 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 | -141.89% |
| 9 | Volato | 2.16 Mn | -115,021.80 | 703,000.00 | -258.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -44.42% |
| Jun 30, 2025 | -42.89% |
| Mar 31, 2025 | -55.90% |
| Dec 31, 2024 | -42.50% |
| Sep 30, 2024 | -29.56% |
| Jun 30, 2024 | -49.18% |
| Mar 31, 2024 | -49.47% |
| Dec 31, 2023 | -32.67% |
| Sep 30, 2023 | -45.06% |
| Jun 30, 2023 | -47.93% |
| Mar 31, 2023 | -28.62% |
| Dec 31, 2022 | -55.17% |
| Sep 30, 2022 | -35.36% |
| Jun 30, 2022 | -21.72% |
| Mar 31, 2022 | -27.34% |
| Dec 31, 2021 | -57.14% |
| Sep 30, 2021 | -19.69% |
| Jun 30, 2021 | -10.14% |
| Mar 31, 2021 | -12.31% |
| Dec 31, 2020 | -16.26% |