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Wheels Up Experience (Wheels Up Experience) Operating Margin % : -28.62% (As of Dec. 2023)


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What is Wheels Up Experience Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Wheels Up Experience's Operating Income for the three months ended in Dec. 2023 was $-71 Mil. Wheels Up Experience's Revenue for the three months ended in Dec. 2023 was $246 Mil. Therefore, Wheels Up Experience's Operating Margin % for the quarter that ended in Dec. 2023 was -28.62%.

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

UP' s Operating Margin % Range Over the Past 10 Years
Min: -26.67   Med: -20.3   Max: -9.06
Current: -26.67


UP's Operating Margin % is ranked worse than
95.98% of 969 companies
in the Transportation industry
Industry Median: 7.54 vs UP: -26.67

Wheels Up Experience's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Wheels Up Experience's Operating Income for the three months ended in Dec. 2023 was $-71 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-334 Mil.


Wheels Up Experience Operating Margin % Historical Data

The historical data trend for Wheels Up Experience's Operating 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 Operating Margin % Chart

Wheels Up Experience Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
-20.30 -9.06 -17.13 -24.33 -26.67

Wheels Up Experience Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -25.46 -27.72 -25.55 -25.20 -28.62

Competitive Comparison of Wheels Up Experience's Operating Margin %

For the Airports & Air Services subindustry, Wheels Up Experience's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % Distribution in the Transportation Industry

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

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



Wheels Up Experience Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-334.296 / 1253.317
=-26.67 %

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

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-70.526 / 246.38
=-28.62 %

* 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.


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

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Wheels Up Experience Operating Margin % Related Terms

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Wheels Up Experience (Wheels Up Experience) Business Description

Traded in Other Exchanges
N/A
Address
601 West 26th Street, Suite 900, New York, NY, USA, 10001
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