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Wheels Up Experience (Wheels Up Experience) ROE % : -267.44% (As of Dec. 2023)


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What is Wheels Up Experience ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Wheels Up Experience's annualized net income for the quarter that ended in Dec. 2023 was $-324 Mil. Wheels Up Experience's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $121 Mil. Therefore, Wheels Up Experience's annualized ROE % for the quarter that ended in Dec. 2023 was -267.44%.

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

UP' s ROE % Range Over the Past 10 Years
Min: -363.42   Med: -75.57   Max: -29.37
Current: -363.42

During the past 5 years, Wheels Up Experience's highest ROE % was -29.37%. The lowest was -363.42%. And the median was -75.57%.

UP's ROE % is ranked worse than
99.68% of 947 companies
in the Transportation industry
Industry Median: 8.42 vs UP: -363.42

Wheels Up Experience ROE % Historical Data

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

Wheels Up Experience Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
- -29.37 -38.08 -113.06 -279.05

Wheels Up Experience Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 -236.33 -194.39 -729.94 -732.96 -267.44

Competitive Comparison of Wheels Up Experience's ROE %

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

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

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



Wheels Up Experience ROE % Calculation

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

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-487.387/( (251.92+97.397)/ 2 )
=-487.387/174.6585
=-279.05 %

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

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-324.46/( (145.24+97.397)/ 2 )
=-324.46/121.3185
=-267.44 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Wheels Up Experience  (NYSE:UP) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-324.46/121.3185
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-324.46 / 985.52)*(985.52 / 1321.877)*(1321.877 / 121.3185)
=Net Margin %*Asset Turnover*Equity Multiplier
=-32.92 %*0.7455*10.8959
=ROA %*Equity Multiplier
=-24.54 %*10.8959
=-267.44 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-324.46/121.3185
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-324.46 / -321.932) * (-321.932 / -282.104) * (-282.104 / 985.52) * (985.52 / 1321.877) * (1321.877 / 121.3185)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0079 * 1.1412 * -28.62 % * 0.7455 * 10.8959
=-267.44 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Wheels Up Experience ROE % Related Terms

Thank you for viewing the detailed overview of Wheels Up Experience's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Wheels Up Experience (Wheels Up Experience) Headlines

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