Wheels Up Experience (UP) Goodwill (2020 - 2025)
Wheels Up Experience's Goodwill was $209.9 million in Q4 2025, down 3.3% from $217.05 million a year earlier and unchanged from the prior quarter.
Analysis
Wheels Up Experience (UP) Goodwill (2020 - 2025) Analysis & Trends
From Q4 2020 onward, Wheels Up Experience has reported Goodwill for 19 quarters.
- Goodwill has now declined for four consecutive years, with a five-year compound annual growth rate of -12.1% (FY2020 to FY2025).
- In earlier years, Goodwill was $217.05 million in FY2024 (-0.5%), $218.21 million in FY2023 (-37.3%), $348.12 million in FY2022 (-20.4%) and $437.4 million in FY2021 (+9.3%).
- The Q4 2025 figure marks the lowest quarterly Goodwill in data going back to Q4 2020.
- Compared with a year earlier, Goodwill was higher in three of the last eight quarters, with an average decline of 7.8%.
- The best year-over-year quarter for Goodwill over five years was Q4 2021 (growth of 9.3%); the worst was Q3 2023 (a decline of 53.3%).
- Per Business Quant data, UP's Goodwill in the three quarters before Q4 2025 was $209.93 million (Q3 2025), $224.42 million (Q2 2025) and $219.48 million (Q1 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 209.90 Mn |
| Sep 30, 2025 | 209.93 Mn |
| Jun 30, 2025 | 224.42 Mn |
| Mar 31, 2025 | 219.48 Mn |
| Dec 31, 2024 | 217.05 Mn |
| Sep 30, 2024 | 222.48 Mn |
| Jun 30, 2024 | 217.66 Mn |
| Mar 31, 2024 | 217.52 Mn |
| Dec 31, 2023 | 218.21 Mn |
| Sep 30, 2023 | 214.81 Mn |
| Jun 30, 2023 | 282.13 Mn |
| Mar 31, 2023 | 350.23 Mn |
| Dec 31, 2022 | 348.12 Mn |
| Sep 30, 2022 | 459.85 Mn |
| Jun 30, 2022 | 528.33 Mn |
| Mar 31, 2022 | 449.58 Mn |
| Dec 31, 2021 | 437.40 Mn |
| Sep 30, 2021 | 437.18 Mn |
| Dec 31, 2020 | 400.16 Mn |
API Access
Wheels Up Experience Goodwill 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=goodwill&ticker=UP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=UP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();