Saturday 17 October 2026
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Wheels Up Experience Inc.
UP Industrials Airports & Air Services
Wheels Up Experience Inc.’s revenue for fiscal 2025 (year ended December 2025) was $736.5 million, down 7.02% from fiscal 2024. In the quarter to June 2026, revenue fell 4.03%, EPS fell 23.8%, free cash flow fell 115.8% and total debt rose 42.4%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
3.46
0.09
−2.54%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | 1,930.00 | 806.80 | 196.00 | 19.60 | 31.00 | 11.28 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | 2,052.00 | 3,000.00 | 949.00 | 314.00 | 102.00 | 70.00 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | 2,171 | 3,111 | 2,206 | 1,866 | 1,250 | ||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.00 | 0.55 | 0.51 | 0.57 | 0.42 | 0.59 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | 385 | 695 | 1,194 | 1,580 | 1,253 | 792 | 736 | ||||
| Gross margin, % | — | — | — | 11.49 | 8.66 | 6.42 | 2.50 | 1.66 | 7.45 | 10.01 | |||||
| EBT | — | — | — | (107) | (85) | (197) | (555) | (486) | (338) | (291) | |||||
| EBT margin, % | — | — | — | (27.77) | (12.29) | (16.51) | (35.16) | (38.78) | (42.72) | (39.47) | |||||
| Net income | — | 0 | — | (107) | (85) | (197) | (556) | (487) | (340) | (294) | |||||
| Depreciation | — | — | — | 41 | 60 | 55 | 247 | 185 | 65 | 79 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | 741.64 | 855.36 | 1,166.38 | 1,286.03 | 189.62 | 22.71 | 20.86 | ||||
| Earnings | — | — | — | (205.91) | (105.11) | (186.00) | (412.00) | (73.80) | (9.80) | (8.40) | |||||
| Cash flow | — | — | — | (47.94) | 258.02 | 123.54 | (187.80) | (100.65) | (2.23) | (4.71) | |||||
| Capex | — | — | — | (15.55) | (19.11) | (45.43) | (81.53) | 4.15 | (1.57) | 4.38 | |||||
| Free cash flow | — | — | — | (63.48) | 238.92 | 78.11 | (269.32) | (96.51) | (3.80) | (0.33) | |||||
| Book value | — | — | — | 0.00 | 361.63 | 719.04 | 205.08 | 14.74 | (5.79) | (11.11) | |||||
| Shares, m | — | — | — | 1 | 1 | 1 | 1 | 7 | 35 | 35 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | — | — | — | 0.00 | 0.00 | 0.80 | 0.16 | 0.41 | 1.45 | 0.63 | |||||
| P/B | — | — | — | 327.35 | 274.11 | 1.29 | 1.02 | 5.24 | 0.00 | 0.00 | |||||
| EV/Sales | — | — | — | 0.00 | 0.00 | 0.24 | (0.05) | 0.40 | 1.70 | 0.90 | |||||
| EV/FCF | — | — | — | 0.00 | 0.00 | 3.51 | 0.23 | (0.79) | (10.13) | (57.46) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | (25) | 210 | 126 | (231) | (665) | (78) | (166) | ||||
| Capex | — | — | — | (8) | (16) | (47) | (100) | 27 | (55) | 155 | |||||
| Free cash flow | — | — | — | (33) | 194 | 80 | (331) | (638) | (133) | (12) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | (444) | (202) | (525) | (473) | (585) | (658) | ||||
| Total debt | — | — | — | — | 211 | 115 | 253 | 259 | 408 | 335 | |||||
| Net debt | — | — | — | — | (102) | (670) | (333) | (5) | 192 | 201 | |||||
| Shareholders’ equity | — | — | — | — | 294 | 736 | 252 | 97 | (202) | (392) | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | 0.00 | (11.56) | (11.37) | (28.44) | (30.09) | (27.46) | (27.67) | ||||
| ROIC | — | — | — | 0.00 | (20.48) | (190.61) | 0.00 | (299.51) | 0.00 | 0.00 | |||||
| ROE | — | — | — | 0.00 | (15.78) | (36.90) | (112.36) | (279.05) | 648.70 | 99.03 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Wheels Up Experience Inc. vs peers in Airports & Air Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PAC Grupo Aeroportuario Del Pacifico, S.A. de C.V. | $10.5B | 18.1× | 17.5× | +16.29% (above 0%: growing) | +3.70% (above 0%: growing) | −114.80% (below 0%: shrinking) | 76.22% | 44.16% | Compare |
| ASR Grupo Aeroportuario del Sureste, S.A. de C.V. | $6.5B | 12.9× | 11.8× | +23.19% (above 0%: growing) | +15.26% (above 0%: growing) | +36.64% (above 0%: growing) | 58.03% | 40.61% | Compare |
| JOBY Joby Aviation, Inc. | $4.8B | — (loss-making) | — (loss-making) | +257,493.33% (above 0%: growing) | n/m | −69.99% (below 0%: shrinking) | 26.76% | (675.18%) | Compare |
| CAAP Corporacion America Airports S.A. | $4.0B | 14.1× | 12.1× | +12.00% (above 0%: growing) | +6.67% (above 0%: growing) | −11.94% (below 0%: shrinking) | 30.45% | 19.75% | Compare |
| OMAB Grupo Aeroportuario del Centro Norte S.A.B. de C.V. | $3.8B | 14.7× | — | +15.00% (above 0%: growing) | +18.37% (above 0%: growing) | +2.87% (above 0%: growing) | 71.85% | 53.49% | Compare |
| ASLE AerSale Corporation | $223.8M | — (loss-making) | 9.8× | −33.94% (below 0%: shrinking) | n/m | −141.55% (below 0%: shrinking) | 22.94% | (6.70%) | Compare |
| UP Wheels Up Experience Inc. | $128.8M | — (loss-making) | — | −4.03% (below 0%: shrinking) | n/m | −115.78% (below 0%: shrinking) | 11.91% | (40.87%) | |
| SOAR Volato Group, Inc. | $12.5M | — (loss-making) | — | −96.12% (below 0%: shrinking) | n/m | −153.91% (below 0%: shrinking) | 69.74% | (261.14%) | Compare |
| Median of peers | $4.0B | 14.4× | 12.0× | +15.00% | +10.97% | −69.99% | 58.03% | 19.75% |
Wheels Up Experience Inc. (UP) key facts
- Concern: Wheels Up Experience Inc.’s revenue for fiscal 2025 (year ended December 2025) was $736.5 million, down 7.02% from fiscal 2024.
- Wheels Up Experience Inc. (UP) is an Airports & Air Services company in the Industrials sector, listed on the New York Stock Exchange.
- As of October 16, 2026, UP traded at $3.46, a market capitalization of $128.8 million.
- Return on equity was 99.0% and debt-to-equity -1.07.
- Its Piotroski F-score is 4 out of 9 and its Altman Z-score is −4.01 (distress zone) for fiscal 2025.
Wheels Up Experience Inc. (UP) Latest News
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