Wheels Up Experience (UP) FCF Margin (2020 - 2025)
Wheels Up Experience (UP) posted quarterly FCF Margin of 32.56% for Q3 2025, down 2409.0% year-over-year from 1.41% in Q3 2024, and up 21.48% quarter-over-quarter from 41.47% in Q2 2025.
Wheels Up Experience (UP) FCF Margin (2020 - 2025) Analysis & Trends
Wheels Up Experience's FCF Margin history runs 6 years deep, the most recent figure standing at 32.56% for Q3 2025.
- In Q3 2025, FCF Margin fell 2409.0% year-over-year to 32.56%; the TTM figure through Sep 2025 stood at 40.19% (down 2856.0% YoY), while the FY2024 annual figure was 25.34%, up 3032.0% from the prior year.
- FCF Margin for Q3 2025 stood at 32.56%, up from 41.47% in the prior quarter.
- The five-year high for FCF Margin was 73.69% in Q4 2021, with the low at 84.48% in Q3 2023.
- The 5-year median for FCF Margin is 32.64% (2024), against an average of 25.82%.
- The sharpest annual moves came in 2022 and 2024: FCF Margin slumped 6043 bps in 2022, then jumped 7601 bps in 2024.
- Wheels Up Experience's FCF Margin stood at 73.69% in 2021, then sank by 82 bps to 13.26% in 2022, then plunged by 97 bps to 0.37% in 2023, then sank by 13719 bps to 50.19% in 2024, then jumped by 35 bps to 32.56% in 2025.
- Business Quant data shows UP's FCF Margin at 32.56% in Q3 2025, 41.47% in Q2 2025, and 35.28% in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Southeast Airport | 7.89 Bn | 7.24 Bn | - | - |
| 2 | Joby Aviation | 7.48 Bn | 7.48 Bn | 10.34 Mn | -522.22% |
| 3 | Central North Airport | 4.99 Bn | 4.82 Bn | - | - |
| 4 | Corporacion America Airports | 3.84 Bn | 3.08 Bn | 198.55 Mn | 19.58% |
| 5 | AerSale | 265.16 Mn | 255.10 Mn | - | - |
| 6 | Icts International N V | 224.60 Mn | 284.43 Mn | - | - |
| 7 | Wheels Up Experience | 174.90 Mn | 40.97 Mn | - | - |
| 8 | Saker Aviation Services | 5.71 Mn | -2.30 Mn | -11,875.00 | -1,723.13% |
| 9 | Volato | 2.16 Mn | -119,480.63 | 703,000.00 | -275.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -32.56% |
| Jun 30, 2025 | -41.47% |
| Mar 31, 2025 | -35.28% |
| Dec 31, 2024 | -50.19% |
| Sep 30, 2024 | -8.47% |
| Jun 30, 2024 | -8.73% |
| Mar 31, 2024 | -32.64% |
| Dec 31, 2023 | 0.37% |
| Sep 30, 2023 | -84.48% |
| Jun 30, 2023 | -64.72% |
| Mar 31, 2023 | -60.04% |
| Dec 31, 2022 | 13.26% |
| Sep 30, 2022 | -36.10% |
| Jun 30, 2022 | -6.83% |
| Mar 31, 2022 | -57.60% |
| Dec 31, 2021 | 73.69% |
| Sep 30, 2021 | -12.37% |
| Jun 30, 2021 | -13.05% |
| Mar 31, 2021 | -33.39% |
| Dec 31, 2020 | -0.69% |