Wheels Up Experience (UP) Return on Sales [ROS] (2020 - 2025)
Wheels Up Experience (UP) recorded Return on Sales [ROS] of -33.07% in Q3 2025, down 11.48 percentage points from -21.59% a year earlier and down 1.64 percentage points from the prior quarter.
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Analysis
Wheels Up Experience (UP) Return on Sales [ROS] (2020 - 2025) Analysis & Trends
On a TTM basis, Wheels Up Experience's Return on Sales [ROS] came in at -33.67% as of Sep 30, 2025, down 1.24 percentage points year-over-year; for FY2024, it was -32.67%, up 2.72 percentage points from FY2023.
- Annual Return on Sales [ROS] has a five-year change of -12.37 percentage points (FY2019 to FY2024).
- Across earlier years, Return on Sales [ROS] came in at -35.39% in FY2023 (+0.06 pp), -35.45% in FY2022 (-18.43 pp), -17.02% in FY2021 (-7.96 pp) and -9.06% in FY2020 (+11.24 pp).
- Quarterly Return on Sales [ROS] has ranged from -58.91% in Q4 2021 to -8.68% in Q2 2021 over the past five years.
- On a year-over-year basis, Return on Sales [ROS] rose in five of the last eight quarters, with an average year-over-year change of +3.96 percentage points.
- Peak year-over-year performance for Return on Sales [ROS] in the last five years was a gain of 27.91 percentage points in Q4 2023, against a drop of 44.95 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at -31.43% (Q2 2025), -45.49% (Q1 2025) and -26.04% (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | 40.25% |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | 38.27% |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | 35.35% |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | 32.44% |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | 4.07% |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | 6.20% |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | 9.43% |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | 29.94% |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | 6.20% |
| 10 | Wheels Up Experience | 126.78 Mn | -411.32 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -33.07% |
| Jun 30, 2025 | -31.43% |
| Mar 31, 2025 | -45.49% |
| Dec 31, 2024 | -26.04% |
| Sep 30, 2024 | -21.59% |
| Jun 30, 2024 | -40.28% |
| Mar 31, 2024 | -42.90% |
| Dec 31, 2023 | -26.35% |
| Sep 30, 2023 | -40.31% |
| Jun 30, 2023 | -45.66% |
| Mar 31, 2023 | -27.47% |
| Dec 31, 2022 | -54.26% |
| Sep 30, 2022 | -36.08% |
| Jun 30, 2022 | -22.12% |
| Mar 31, 2022 | -28.47% |
| Dec 31, 2021 | -58.91% |
| Sep 30, 2021 | -22.71% |
| Jun 30, 2021 | -8.68% |
| Mar 31, 2021 | -10.57% |
| Dec 31, 2020 | -13.97% |
API Access
Wheels Up Experience Return on Sales [ROS] 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-sales-%5Bros%5D&ticker=UP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "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-sales-%5Bros%5D&ticker=UP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();