Wheels Up Experience (UP) Free Cash Flow (2020 - 2025)
Wheels Up Experience's Free Cash Flow was -$60.4 million in Q3 2025, compared with -$21.94 million a year earlier.
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Analysis
Wheels Up Experience (UP) Free Cash Flow (2020 - 2025) Analysis & Trends
On a trailing twelve-month basis, Wheels Up Experience's Free Cash Flow was -$271.84 million through Sep 30, 2025; for FY2024, it came in at -$200.7 million.
- In earlier years, Free Cash Flow was -$685.45 million in FY2023, -$314.25 million in FY2022, $111.26 million in FY2021 (-45.1%) and $202.54 million in FY2020.
- Quarterly Free Cash Flow has moved between -$249.94 million (Q3 2023) and $270.36 million (Q4 2021) over five years.
- Per Business Quant data, UP's Free Cash Flow in the three quarters before Q3 2025 was -$78.64 million (Q2 2025), -$62.63 million (Q1 2025) and -$70.17 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 2.20 Bn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 751.00 Mn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 699.79 Mn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 166.00 Mn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 615.00 Mn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 1.79 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 2.38 Bn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 195.66 Mn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 551.77 Mn |
| 10 | Wheels Up Experience | 130.02 Mn | -408.08 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -60.40 Mn |
| Jun 30, 2025 | -78.64 Mn |
| Mar 31, 2025 | -62.63 Mn |
| Dec 31, 2024 | -70.17 Mn |
| Sep 30, 2024 | -21.94 Mn |
| Jun 30, 2024 | -30.77 Mn |
| Mar 31, 2024 | -77.82 Mn |
| Dec 31, 2023 | -11.65 Mn |
| Sep 30, 2023 | -249.94 Mn |
| Jun 30, 2023 | -212.64 Mn |
| Mar 31, 2023 | -211.23 Mn |
| Dec 31, 2022 | 54.13 Mn |
| Sep 30, 2022 | -151.74 Mn |
| Jun 30, 2022 | -29.08 Mn |
| Mar 31, 2022 | -187.56 Mn |
| Dec 31, 2021 | 270.36 Mn |
| Sep 30, 2021 | -35.41 Mn |
| Jun 30, 2021 | -36.70 Mn |
| Mar 31, 2021 | -86.99 Mn |
| Dec 31, 2020 | 202.01 Mn |
API Access
Wheels Up Experience Free Cash Flow 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=free-cash-flow&ticker=UP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=UP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();