Wheels Up Experience (UP) Enterprise Value (2020 - 2025)
Wheels Up Experience's Enterprise Value came in at $338.62 million for Q4 2025, down 64.0% from $940.99 million a year earlier and down 71.8% from the prior quarter.
Wheels Up Experience (UP) Enterprise Value (2020 - 2025) Analysis & Trends
For FY2025, Wheels Up Experience's Enterprise Value was $323.9 million, down 65.6% from FY2024.
- Enterprise Value carries a five-year compound annual growth rate of -25.4% (FY2020 to FY2025).
- Going back by year, Enterprise Value was $940.99 million in FY2024 (+390.1%), $191.99 million in FY2023, -$329.06 million in FY2022 and $171.69 million in FY2021 (-87.8%).
- The Q4 2025 figure represents the lowest quarterly Enterprise Value since Q4 2023.
- Year-over-year, Enterprise Value has declined for four consecutive quarters, with growth averaging 37.2% over the last five quarters.
- The fastest year-over-year change in Enterprise Value over five years came in Q4 2024 (growth of 390.1%), and the weakest in Q2 2022 (a decline of 99.2%).
- Business Quant data shows UP's Enterprise Value at $1.2 billion (Q3 2025), $640.92 million (Q2 2025) and $542.23 million (Q1 2025) in the three quarters before Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn |
| 10 | Wheels Up Experience | 130.02 Mn | -408.08 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 338.62 Mn |
| Sep 30, 2025 | 1.20 Bn |
| Jun 30, 2025 | 640.92 Mn |
| Mar 31, 2025 | 542.23 Mn |
| Dec 31, 2024 | 940.99 Mn |
| Sep 30, 2024 | 1.58 Bn |
| Jun 30, 2024 | 1.18 Bn |
| Mar 31, 2024 | 1.83 Bn |
| Dec 31, 2023 | 191.99 Mn |
| Sep 30, 2023 | -159.44 Mn |
| Jun 30, 2023 | -122.16 Mn |
| Mar 31, 2023 | -203.91 Mn |
| Dec 31, 2022 | -329.06 Mn |
| Sep 30, 2022 | -2.89 Mn |
| Jun 30, 2022 | 49.35 Mn |
| Mar 31, 2022 | 224.70 Mn |
| Dec 31, 2021 | 171.69 Mn |
| Sep 30, 2021 | 1.09 Bn |
| Jun 30, 2021 | 5.82 Bn |
| Mar 31, 2021 | 1.52 Bn |
Wheels Up Experience Enterprise Value 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=enterprise-value&ticker=UP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=UP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();