Wheels Up Experience (UP) Return on Assets [ROA] (2021 - 2025)
Wheels Up Experience (UP) recorded Return on Assets [ROA] of -35.67% in Q3 2025, down 4.37 percentage points from -31.30% a year earlier and down 4.49 percentage points from the prior quarter.
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Analysis
Wheels Up Experience (UP) Return on Assets [ROA] (2021 - 2025) Analysis & Trends
For FY2024, Wheels Up Experience reported Return on Assets [ROA] of -27.46%, up 2.64 percentage points from FY2023.
- Annual Return on Assets [ROA] has a three-year change of -15.65 percentage points (FY2021 to FY2024).
- Across earlier years, Return on Assets [ROA] came in at -30.09% in FY2023 (-1.63 pp), -28.46% in FY2022 (-16.65 pp) and -11.81% in FY2021.
- The Q3 2025 figure is the lowest quarterly Return on Assets [ROA] since Q2 2024.
- On a year-over-year basis, Return on Assets [ROA] rose in five of the last eight quarters, with an average year-over-year change of +2.62 percentage points.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 15.22 percentage points in Q3 2024, against a drop of 18.27 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -31.18% (Q2 2025), -30.37% (Q1 2025) and -30.86% (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 10.41% |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 7.32% |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 4.35% |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 6.39% |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 5.84% |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 4.58% |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 4.63% |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 19.12% |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 9.98% |
| 10 | Wheels Up Experience | 116.34 Mn | -421.76 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -35.67% |
| Jun 30, 2025 | -31.18% |
| Mar 31, 2025 | -30.37% |
| Dec 31, 2024 | -30.86% |
| Sep 30, 2024 | -31.30% |
| Jun 30, 2024 | -37.07% |
| Mar 31, 2024 | -38.75% |
| Dec 31, 2023 | -36.87% |
| Sep 30, 2023 | -46.52% |
| Jun 30, 2023 | -41.03% |
| Mar 31, 2023 | -31.23% |
| Dec 31, 2022 | -30.27% |
| Sep 30, 2022 | -28.40% |
| Jun 30, 2022 | -22.75% |
| Mar 31, 2022 | -19.38% |
| Dec 31, 2021 | -17.38% |
| Sep 30, 2021 | -16.15% |
| Jun 30, 2021 | -31.11% |
API Access
Wheels Up Experience Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=UP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=UP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();