Wheels Up Experience (UP) Return on Capital Employed [ROCE] (2021 - 2025)
Wheels Up Experience (UP) reported Return on Capital Employed [ROCE] of -250.41% for Q3 2025, down 97.06 percentage points from -153.36% a year earlier and down 89.27 percentage points from the prior quarter.
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Analysis
Wheels Up Experience (UP) Return on Capital Employed [ROCE] (2021 - 2025) Analysis & Trends
For FY2024, Wheels Up Experience posted Return on Capital Employed [ROCE] of -80.94%, down 18.65 percentage points from FY2023.
- Return on Capital Employed [ROCE] has a three-year change of -42.97 percentage points (FY2021 to FY2024).
- By year, Return on Capital Employed [ROCE] came in at -62.29% in FY2023 (+29.83 pp), -92.12% in FY2022 (-54.16 pp) and -37.96% in FY2021.
- The Q3 2025 figure ranks as the lowest quarterly Return on Capital Employed [ROCE] in data going back to Q2 2021.
- Year over year, Return on Capital Employed [ROCE] has now declined in each of the last seven quarters, with an average year-over-year change of -27.13 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q4 2023 (a gain of 6.95 percentage points); the low point was Q3 2025 (a drop of 97.06 percentage points).
- Per Business Quant data, the three quarters before Q3 2025 came in at -161.15% (Q2 2025), -128.09% (Q1 2025) and -141.19% (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | 15.69% |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | 12.29% |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | 6.84% |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | 9.67% |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | 11.61% |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | 7.01% |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | 10.65% |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | 28.03% |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | 8.86% |
| 10 | Wheels Up Experience | 126.78 Mn | -411.32 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -250.41% |
| Jun 30, 2025 | -161.15% |
| Mar 31, 2025 | -128.09% |
| Dec 31, 2024 | -141.19% |
| Sep 30, 2024 | -153.36% |
| Jun 30, 2024 | -137.68% |
| Mar 31, 2024 | -116.63% |
| Dec 31, 2023 | -107.04% |
| Sep 30, 2023 | -123.00% |
| Jun 30, 2023 | -130.40% |
| Mar 31, 2023 | -96.37% |
| Dec 31, 2022 | -113.99% |
| Sep 30, 2022 | -81.55% |
| Jun 30, 2022 | -70.07% |
| Mar 31, 2022 | -46.96% |
| Dec 31, 2021 | -46.75% |
| Sep 30, 2021 | -75.93% |
| Jun 30, 2021 | -23.61% |
API Access
Wheels Up Experience Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=UP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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-capital-employed-%5Broce%5D&ticker=UP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();