Wheels Up Experience Ratios (2020-2025) | UP

Ratios Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Profitability
Gross Margin 12.04%10.31%10.38%10.64%6.12%0.17%-2.19%3.90%4.12%3.09%-0.56%2.14%6.30%-1.84%-0.59%2.34%13.95%13.94%10.76%8.27%6.80%
EBT Margin 10.55%-16.26%-12.31%-10.14%-19.69%-57.14%-27.34%-21.72%-35.36%-55.17%-28.62%-47.93%-45.06%-32.67%-49.47%-49.18%-29.56%-42.50%-55.90%-42.89%-44.42%
EBIT Margin 13.41%-13.97%-10.57%-8.68%-22.71%-58.91%-28.47%-22.12%-36.08%-54.26%-27.47%-45.66%-40.31%-26.35%-42.90%-40.28%-21.59%-26.04%-45.49%-31.43%-33.07%
EBITDA Margin 13.41%-13.97%-10.57%-8.68%-22.71%-58.91%-28.47%-22.12%-36.08%-54.26%-27.47%-45.66%-40.31%-26.35%-42.90%-40.28%-21.59%-26.04%-45.49%-31.43%-33.07%
Operating Margin 13.41%-13.97%-10.57%-8.68%-22.71%-58.91%-28.47%-22.12%-36.08%-54.26%-27.47%-45.66%-40.31%-26.35%-42.90%-40.28%-21.59%-26.04%-45.49%-31.43%-33.07%
Net Margin 10.55%-16.26%-12.31%-10.14%-19.69%-57.16%-27.34%-21.80%-35.41%-55.09%-28.67%-47.93%-45.25%-32.90%-49.41%-49.40%-29.77%-42.74%-55.95%-43.42%-45.14%
FCF Margin -0.23%-0.69%-33.39%-13.05%-12.37%79.20%-57.60%-6.83%-36.10%13.26%-60.04%-63.68%-79.03%-3.21%-39.48%-15.68%-11.32%-34.26%-35.28%-41.47%-32.56%
Efficiency
Inventory Average 9.08M9.55M11.02M15.24M23.56M34.16M31.37M23.70M22.19M20.48M20.90M21.89M17.36M12.45M12.44M10.65M
Assets Average 793.41M800.15M240.20M958.29M1,828.78M1,933.02M1,927.02M1,858.39M1,835.48M1,816.84M1,548.32M1,356.93M1,321.88M1,248.68M1,133.79M1,064.71M1,100.57M1,124.50M1,048.35M989.36M
Equity Average 310.48M293.51M279.40M529.33M764.64M699.93M623.20M515.10M349.68M207.55M88.00M79.03M121.32M49.17M-35.61M-94.91M-159.89M-245.11M-317.93M-361.15M
Invested Capital 327.12M504.92M293.20M265.59M793.21M736.23M663.63M582.76M447.44M521.92M426.44M264.31M728.82M712.73M604.12M525.20M479.25M559.24M477.72M422.74M392.00M
Asset Utilization Ratio 3.961.110.650.650.730.820.860.880.981.040.950.880.850.780.720.690.730.77
Leverage & Solvency
Interest Coverage Ratio 4.65-6.03-6.07-5.95-87.69-0.01M-29.47-11.90-19.98-11.46-4.57-5.81-4.74-2.61-2.95-4.06-2.70-2.61
Debt to Equity 0.720.001.011.5218.451.792.66261.80-3.32-2.04-2.02-1.44-1.22-1.13
Debt Ratio 0.160.000.130.140.170.200.200.210.220.230.350.380.420.44
Equity Ratio 1.440.221.221.110.470.370.350.300.260.130.100.010.110.070.00-0.07-0.11-0.17-0.26-0.35-0.38
Times Interest Earned 4.65-6.03-6.07-5.95-87.69-0.01M-29.47-11.90-19.98-11.46-4.57-5.81-4.74-2.61-2.95-4.06-2.70-2.61
Valuation
Enterprise Value -104.36M-286.77M-215.03M-160.65M-524.78M-778.50M-534.86M-426.98M-285.50M-585.88M-363.18M-151.83M-244.85M-261.43M-169.98M-140.40M-112.42M-210.54M-163.62M-107.00M-125.33M
Return Ratios
Return on Sales 0.11%-0.16%-0.12%-0.10%-0.20%-0.57%-0.27%-0.22%-0.35%-0.55%-0.29%-0.48%-0.45%-0.33%-0.49%-0.49%-0.30%-0.43%-0.56%-0.43%-0.45%
Return on Capital Employed -0.24%-0.76%-0.47%-0.47%-0.70%-0.82%-1.14%-0.96%-1.30%-1.23%-1.07%-1.17%-1.38%-1.53%-1.41%-1.28%-1.61%-2.50%
Return on Invested Capital -0.42%-0.56%-0.74%-1.05%-1.16%-1.19%-1.80%-1.21%-0.62%-0.66%-0.64%-0.54%-0.50%-0.49%-0.53%-0.63%
Return on Assets -0.31%-0.16%-0.17%-0.19%-0.23%-0.28%-0.30%-0.31%-0.41%-0.47%-0.37%-0.39%-0.37%-0.31%-0.31%-0.30%-0.31%-0.36%
Return on Equity -0.27%-0.29%-0.42%-0.54%-0.70%-1.02%-1.59%-2.73%-7.22%-7.99%-4.02%-9.84%11.80%3.51%2.12%1.39%1.03%0.98%