Wheels Up Experience (WSUPW) Debt to Equity (2020 - 2025)

Wheels Up Experience (WSUPW) recorded quarterly Debt to Equity of -$0.86 in Q4 2025, up 24.42% quarter-over-quarter from -$1.13 in Q3 2025, and up 57.63% on a YoY basis from -$0.54 in Q4 2024.

Wheels Up Experience (WSUPW) Debt to Equity (2020 - 2025) Analysis & Trends

Wheels Up Experience's Debt to Equity history runs 6 years deep, the most recent figure standing at -$0.86 for Q4 2025.

  • In Q4 2025, Debt to Equity rose 57.63% year-over-year to -$0.86; the TTM figure through Dec 2025 stood at -$0.86 (up 57.63% YoY), while the FY2025 annual figure was -$0.86, up 57.63% from the prior year.
  • Debt to Equity was -$0.86 for Q4 2025 at Wheels Up Experience, up from -$1.13 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $261.8 in Q1 2024 to a low of -$3.32 in Q2 2024.
  • Historically, Debt to Equity has averaged $19.66 across 5 years, with a median of -$0.43 in 2021.
  • Biggest YoY gain for Debt to Equity was 17168.34% in 2024; the steepest drop was 213.48% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $0.0 in 2021, then surged by 520953.22% to $1.01 in 2022, then soared by 164.61% to $2.66 in 2023, then slumped by 175.9% to -$2.02 in 2024, then surged by 57.63% to -$0.86 in 2025.
  • The last three Debt to Equity figures came in at -$0.86 (Q4 2025), -$1.13 (Q3 2025), and -$1.22 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Pacific Airport 6,659.14 Bn 6,658.57 Bn 9.82 Bn -
2 Joby Aviation 9.01 Bn 9.01 Bn 5.44 Mn 0.36
3 Southeast Airport 4.62 Bn 4.02 Bn - 0.41
4 Central North Airport 2.05 Bn 1.93 Bn - 1.19
5 Wheels Up Experience 259.93 Mn 126.00 Mn - -0.86
6 Volato 5.42 Mn 3.15 Mn 703,000.00 -
7 AerSale 3.97 Mn -405,177.49 - 0.00
8 Corporacion America Airports 11,914.50 -674.98 Mn 198.55 Mn 0.00
9 Icts International N V - - - -
10 Wheels Up Experience - - - -0.86

Historic Data

Download Data
DateValue
Dec 31, 2025 -0.86
Sep 30, 2025 -1.13
Jun 30, 2025 -1.22
Mar 31, 2025 -1.44
Dec 31, 2024 -2.02
Sep 30, 2024 -2.04
Jun 30, 2024 -3.32
Mar 31, 2024 261.80
Dec 31, 2023 2.66
Sep 30, 2023 1.79
Jun 30, 2023 18.45
Mar 31, 2023 1.52
Dec 31, 2022 1.01
Sep 30, 2021 0.00
Dec 31, 2020 0.72