Wheels Up Experience (UP) EBT Margin (2020 - 2025)
Wheels Up Experience (UP) posted EBT Margin of -44.42% for Q3 2025, down 14.86 percentage points from -29.56% a year earlier and down 1.53 percentage points from the prior quarter.
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Analysis
Wheels Up Experience (UP) EBT Margin (2020 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, EBT Margin at Wheels Up Experience was -46.21%, down 6.40 percentage points year-over-year; for FY2024, it was -42.72%, down 3.95 percentage points from FY2023.
- Annual EBT Margin has declined for four consecutive years, with a five-year change of -14.96 percentage points (FY2019 to FY2024).
- In prior years, Wheels Up Experience's EBT Margin was -38.78% in FY2023 (-3.62 pp), -35.16% in FY2022 (-18.65 pp), -16.51% in FY2021 (-4.22 pp) and -12.29% in FY2020 (+15.48 pp).
- Quarterly EBT Margin has run from a low of -57.14% in Q4 2021 to a high of -10.14% in Q2 2021 over five years.
- On a year-over-year basis, EBT Margin increased in three of the last eight quarters, with an average year-over-year change of -1.12 percentage points.
- The strongest year-over-year quarter for EBT Margin in the past five years was Q4 2023, with a gain of 22.51 percentage points; the weakest was Q4 2021, with a drop of 40.88 percentage points.
- According to Business Quant data, EBT Margin for the three prior quarters was -42.89% (Q2 2025), -55.90% (Q1 2025) and -42.50% (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 37.22% |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 33.55% |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 32.64% |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 3.33% |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 27.68% |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 8.43% |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 10.17% |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 30.08% |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 13.52% |
| 10 | Wheels Up Experience | 130.02 Mn | -408.08 Mn | - | - |
Historic Data
Download Data
Historic 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% |
API Access
Wheels Up Experience EBT 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=ebt-margin&ticker=UP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=UP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();