Growth Metrics

Wheels Up Experience (UP) Tax Rate (2021 - 2025)

Wheels Up Experience has reported Tax Rate over the past 5 years, most recently at 1.58% for Q3 2025.

  • For Q3 2025, Tax Rate fell 87.0% year-over-year to 1.58%; the TTM value through Sep 2025 reached 0.81%, down 41.0%, while the annual FY2024 figure was 0.36%, 8.0% down from the prior year.
  • Tax Rate for Q3 2025 was 1.58% at Wheels Up Experience, down from 1.18% in the prior quarter.
  • Over five years, Tax Rate peaked at 0.15% in Q4 2022 and troughed at 1.58% in Q3 2025.
  • A 5-year average of 0.41% and a median of 0.32% in 2022 define the central range for Tax Rate.
  • On a YoY basis, Tax Rate climbed as much as 33bps in 2023 and fell as far as -93bps in 2023.
  • Year by year, Tax Rate stood at 0.03% in 2021, then skyrocketed by 606bps to 0.15% in 2022, then plummeted by -628bps to 0.79% in 2023, then rose by 28bps to 0.57% in 2024, then tumbled by -178bps to 1.58% in 2025.
  • Business Quant data shows Tax Rate for UP at 1.58% in Q3 2025, 1.18% in Q2 2025, and 0.08% in Q1 2025.