Wheels Up Experience (Wheels Up Experience) Net Margin % : -32.92% (As of Dec. 2023)

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What is Wheels Up Experience Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Wheels Up Experience's Net Income for the three months ended in Dec. 2023 was $-81 Mil. Wheels Up Experience's Revenue for the three months ended in Dec. 2023 was $246 Mil. Therefore, Wheels Up Experience's net margin for the quarter that ended in Dec. 2023 was -32.92%.

The historical rank and industry rank for Wheels Up Experience's Net Margin % or its related term are showing as below:

UP' s Net Margin % Range Over the Past 10 Years
Min: -38.89 Med: -25.01 Max: -11.32
Current: -38.89

UP's Net Margin % is ranked worse than
95.88% of 970 companies
in the Transportation industry
Industry Median: 5.385 vs UP: -38.89

Wheels Up Experience Net Margin % Historical Data

The historical data trend for Wheels Up Experience's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wheels Up Experience Net Margin % Chart

Wheels Up Experience Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-25.01

-11.32

-15.91

-35.14

-38.89

Wheels Up Experience Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial										-55.09	-28.67	-47.93	-45.25	-32.92

Competitive Comparison of Wheels Up Experience's Net Margin %

For the Airports & Air Services subindustry, Wheels Up Experience's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Wheels Up Experience's Net Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wheels Up Experience's Net Margin % distribution charts can be found below:

* The bar in red indicates where Wheels Up Experience's Net Margin % falls into.

Wheels Up Experience Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Wheels Up Experience's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-487.387	/	1253.317
	=	-38.89 %

Wheels Up Experience's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-81.115	/	246.38
	=	-32.92 %

Wheels Up Experience (NYSE:UP) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Wheels Up Experience Net Margin % Related Terms

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Wheels Up Experience (Wheels Up Experience) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wheels Up Experience Inc (NYSE:UP) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 West 26th Street, Suite 900, New York, NY, USA, 10001

Website

https://www.wheelsup.com

Wheels Up Experience Inc is the provider of on-demand private aviation in the United States. It is pioneering data and technology-driven solutions that connect consumers to safety-vetted and verified private aircraft. Its offerings consist of multi-tiered membership programs, on-demand flights across all private aircraft cabin categories, aircraft management, retail and wholesale charter, aircraft sales, corporate flight solutions, special missions, signature events and experiences, and commercial travel benefits through its strategic partnership with Delta.

Executives

Donald Lee Moak	director	601 WEST 26TH STREET, SUITE 900, NEW YORK NY 10001
Knighthead Opportunities Capital Management, Llc	10 percent owner	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Certares Opportunities Llc	10 percent owner	350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Andrew Stephen Davis	director	500 OLD DOMINION WAY, THOMASVILLE NC 27360
Adam Ross Zirkin	director	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Jeffrey Nedelman	director	8501 WILLIAMS ROAD, ESTERO FL 33928
Alain Bellemare	director	C/O DELTA AIR LINES, INC., DEPT. 981, P.O. BOX 20574, ATLANTA GA 30320
Cantor Adam Corey	director	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Ck Wheels Llc	10 percent owner	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
George N Mattson	director	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Ck Opportunities Gp, Llc	10 percent owner	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Zachary George Lazar	director	350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Mark Briffa	officer: Chief Commercial Officer	601 WEST 26TH ST. SUITE 900, NEW YORK NY 10001
Daniel C. Janki	director	5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Kristen Lauria	officer: See Remarks	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Z, PHILADELPHIA PA 19192