Wheels Up Experience (UP) Tax Rate (2021 - 2025)
Wheels Up Experience (UP) posted quarterly Tax Rate of 1.62% for Q3 2025, down 91.0% year-over-year from 17.96% in Q3 2024, and down 31.49% quarter-over-quarter from 1.23% in Q2 2025.
Wheels Up Experience (UP) Tax Rate (2021 - 2025) Analysis & Trends
Wheels Up Experience's Tax Rate history runs 5 years deep, the most recent figure standing at 1.62% for Q3 2025.
- In Q3 2025, Tax Rate fell 91.0% year-over-year to 1.62%; the TTM figure through Sep 2025 stood at 0.84% (down 44.0% YoY), while the FY2024 annual figure was 0.36%, down 8.0% from the prior year.
- Tax Rate for Q3 2025 stood at 1.62%, down from 1.23% in the prior quarter.
- The five-year high for Tax Rate was 0.15% in Q4 2022, with the low at 1.62% in Q3 2025.
- The 5-year median for Tax Rate is 0.35% (2022), against an average of 0.42%.
- The sharpest annual moves came in 2023 and 2025: Tax Rate soared 36 bps in 2023, then slumped 91 bps in 2025.
- Wheels Up Experience's Tax Rate stood at 0.03% in 2021, then jumped by 606 bps to 0.15% in 2022, then sank by 587 bps to 0.72% in 2023, then advanced by 22 bps to 0.57% in 2024, then plunged by 185 bps to 1.62% in 2025.
- Business Quant data shows UP's Tax Rate at 1.62% in Q3 2025, 1.23% in Q2 2025, and 0.1% in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Southeast Airport | 7.81 Bn | 7.16 Bn | - | - |
| 2 | Joby Aviation | 7.35 Bn | 7.35 Bn | 10.34 Mn | -0.06% |
| 3 | Central North Airport | 4.92 Bn | 4.75 Bn | - | - |
| 4 | Corporacion America Airports | 3.78 Bn | 3.02 Bn | 198.55 Mn | -37.30% |
| 5 | AerSale | 263.27 Mn | 253.21 Mn | - | - |
| 6 | Icts International N V | 217.05 Mn | 189.86 Mn | - | - |
| 7 | Wheels Up Experience | 171.38 Mn | 37.46 Mn | - | - |
| 8 | Saker Aviation Services | 5.71 Mn | -2.30 Mn | -11,875.00 | - |
| 9 | Volato | 2.16 Mn | -115,021.80 | 703,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -1.62% |
| Sep 30, 2025 | -1.62% |
| Sep 30, 2025 | -1.62% |
| Jun 30, 2025 | -1.23% |
| Jun 30, 2025 | -1.23% |
| Jun 30, 2025 | -1.23% |
| Mar 31, 2025 | -0.10% |
| Mar 31, 2025 | -0.10% |
| Mar 31, 2025 | -0.10% |
| Dec 31, 2024 | -0.57% |
| Dec 31, 2024 | -0.57% |
| Dec 31, 2024 | -0.57% |
| Sep 30, 2024 | -0.71% |
| Sep 30, 2024 | -0.71% |
| Sep 30, 2024 | -0.71% |
| Jun 30, 2024 | -0.46% |
| Jun 30, 2024 | -0.46% |
| Jun 30, 2024 | -0.46% |
| Mar 31, 2024 | 0.12% |
| Mar 31, 2024 | 0.12% |