Wheels Up Experience Inc (UP) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the UP SEC filings page.
Wheels Up Experience Inc (UP) reported $720.2M in revenue over the twelve months to Jun 30, 2026, down 6.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Wheels Up’s dominant mechanic is low-margin revenue paired with persistent cash consumption and a balance sheet increasingly financed by liabilities.
Gross margin rose from7.5% in FY2024 to10.0% in FY2025 while revenue contracted, indicating margin improvement from a smaller base rather than scale-driven expansion. Operating cash flow worsened to-$166M while free cash flow reached-$260M in FY2025, showing the accounting improvement has not become cash conversion.
FY2025 liabilities of
The reported liquidity measure was 9.7 months of latest annual operating outflow, a standardized comparison rather than a forecast of future funding. Meanwhile, investing cash flow contributed
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Wheels Up Experience Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Wheels Up Experience Inc has an operating margin of -27.6%, meaning the company loses $28 on every $100 of revenue. This results in a profitability score of 28/100. This is up from -32.7% the prior year.
Wheels Up Experience Inc's revenue declined 7.0% year-over-year, from $792.1M to $736.5M. This contraction results in a growth score of 3/100.
Wheels Up Experience Inc's current ratio of 0.27 is below the typical benchmark, resulting in a score of 1/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Wheels Up Experience Inc's operations used $166.3M of cash, and capex of $93.6M added to the outflow, for a free cash flow shortfall of $259.9M. This results in a cash flow score of 6/100.
Wheels Up Experience Inc scores -4.14, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($160.3M) relative to total liabilities ($1.4B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Wheels Up Experience Inc passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
Wheels Up Experience Inc reported a net loss of $294.2M while operations used $166.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Wheels Up Experience Inc reported an operating loss of $203.4M against $90.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Wheels Up Experience Inc generated $182.0M in revenue in Q2 2026. This represents a decrease of 4.0% from the same quarter a year earlier. Against the prior quarter it is up 7.7%.
Wheels Up Experience Inc's EBITDA was -$70.4M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 28.0% from the same quarter a year earlier. Against the prior quarter it is down 30.9%.
Wheels Up Experience Inc reported -$107.2M in net income in Q2 2026. This represents a decrease of 30.3% from the same quarter a year earlier. Against the prior quarter it is down 29.3%.
Wheels Up Experience Inc earned -$2.97 per diluted share (EPS) in Q2 2026. Against the prior quarter it is down 29.7%.
Cash & Balance Sheet
Wheels Up Experience Inc recorded an outflow of $144.5M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 83.7% from the same quarter a year earlier. Against the prior quarter it is up 10.8%.
Wheels Up Experience Inc held $86.3M in cash against $581.2M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Wheels Up Experience Inc's gross margin was 11.9% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 3.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.2 percentage points.
Wheels Up Experience Inc's operating margin was -40.9% in Q2 2026, reflecting core business profitability. This is down 9.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 6.9 percentage points.
Wheels Up Experience Inc's net profit margin was -58.9% in Q2 2026, showing the share of revenue converted to profit. This is down 15.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 9.8 percentage points.
Not reported for Q2 2026.
Capital Allocation
Wheels Up Experience Inc invested $8.8M in research and development in Q2 2026. This represents a decrease of 5.5% from the same quarter a year earlier. Against the prior quarter it is up 1.2%.
Wheels Up Experience Inc spent $46K on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 46.5% from the same quarter a year earlier. Against the prior quarter it is down 77.1%.
Wheels Up Experience Inc invested $52.9M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 235.3% from the same quarter a year earlier. Against the prior quarter it is down 15.2%.
UP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $182.0M-4.0% | $168.9M-4.8% | $183.8M-10.2% | $185.5M-4.3% | $189.6M-3.4% | $177.5M-9.9% | $204.8M-16.9% | $193.9M-39.4% |
| Cost of Revenue | $160.3M-7.8% | $159.2M+0.5% | $157.5M-10.6% | $172.9M+3.6% | $174.0M-9.3% | $158.4M-20.1% | $176.3M-29.8% | $166.9M-44.4% |
| Gross Profit | $21.7M+38.3% | $9.7M-49.1% | $26.3M-7.7% | $12.6M-53.4% | $15.7M+241.3% | $19.1M+1748.5% | $28.5M+728.1% | $27.0M+34.0% |
| R&D Expenses | $8.8M-5.5% | $8.7M-17.0% | $8.7M-8.2% | $10.2M+6.0% | $9.4M-11.1% | $10.5M-5.0% | $9.5M-18.3% | $9.6M-51.9% |
| SG&A Expenses | $31.7M+4.7% | $26.8M-52.8% | $26.3M-31.5% | $32.0M+18.2% | $30.2M-15.9% | $56.8M+56.8% | $38.4M+62.9% | $27.1M-36.9% |
| Operating Income | -$74.4M-24.8% | -$57.4M+29.0% | -$1.7M+96.8% | -$61.3M-46.5% | -$59.6M+24.6% | -$80.8M+4.5% | -$53.3M+17.8% | -$41.9M+67.6% |
| EBITDA | -$70.4M-28.0% | -$53.8M+25.4% | $41.2M+468.1% | -$56.3M-47.6% | -$55.0M+26.2% | -$72.1M+8.0% | -$11.2M+76.8% | -$38.2M+69.1% |
| Interest Expense | $33.0M+49.2% | $25.3M+27.3% | $25.0M+38.2% | $23.5M+46.6% | $22.1M+32.5% | $19.9M+36.6% | $18.1M+27.2% | $16.0M+42.5% |
| Income Tax | -$119K-112.4% | $509K+552.6% | $1.1M+129.6% | $1.3M+228.9% | $959K+117.5% | $78K+168.4% | $494K-21.8% | $405K-30.1% |
| Net Income | -$107.2M-30.3% | -$83.0M+16.5% | -$28.9M+67.0% | -$83.7M-45.0% | -$82.3M+15.1% | -$99.3M-2.0% | -$87.5M-7.9% | -$57.7M+60.1% |
| EPS (Basic) | -$2.97-26.4% | -$2.29+19.4% | -$0.04+69.2% | -$0.12-50.0% | -$2.35-1578.6% | -$2.84-1928.6% | -$0.13-101.4% | -$0.08+97.7% |
| EPS (Diluted) | -$2.97 | -$2.29 | -$0.04+69.2% | -$0.12-50.0% | -$2.35 | -$2.84 | -$0.13-101.4% | -$0.08 |
| Diluted Shares (Avg) | 36M | 36M | N/A | 704M+0.9% | 35M | 35M | N/A | 698M |
UP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $926.6M-7.9% | $916.2M-16.0% | $968.8M-16.3% | $973.0M-6.7% | $1.0B-7.4% | $1.1B-7.6% | $1.2B-12.0% | $1.0B-21.4% |
| Current Assets | $221.9M-5.0% | $164.8M-44.9% | $249.4M-24.9% | $248.3M-8.5% | $233.7M-19.1% | $298.8M-10.2% | $332.1M-23.5% | $271.3M-33.8% |
| Cash & Equivalents | $86.3M-19.3% | $54.1M-68.5% | $133.9M-38.1% | $125.3M+8.1% | $107.0M-24.4% | $171.8M-5.0% | $216.4M-18.0% | $115.9M-52.7% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $2.0M-84.0% | $2.2M-82.6% | $11.6M-4.9% | $9.1M-59.4% | $12.2M-42.7% | $12.7M-38.1% | $12.2M-40.3% | $22.5M-6.0% |
| Accounts Receivable | $28.2M-27.2% | $32.3M-22.7% | $24.2M-25.0% | $32.4M+1.1% | $38.7M+13.8% | $41.8M-1.2% | $32.3M-15.4% | $32.0M-31.5% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $208.8M-7.0% | $208.7M-4.9% | $209.9M-3.3% | $209.9M-5.6% | $224.4M+3.1% | $219.5M+0.9% | $217.0M-0.5% | $222.5M+3.6% |
| Total Liabilities | $1.5B+9.9% | $1.4B+0.8% | $1.4B+0.5% | $1.3B+16.4% | $1.4B+16.9% | $1.4B+17.2% | $1.4B+11.4% | $1.2B-2.1% |
| Current Liabilities | $785.3M-13.0% | $854.4M-7.7% | $907.6M-1.1% | $887.5M-0.1% | $902.2M+3.2% | $925.4M+5.3% | $917.3M+1.1% | $888.4M+2.2% |
| Non-Current Liabilities | $701.6M+55.5% | $527.6M+18.4% | $453.4M+3.8% | $460.0M+71.1% | $451.3M+59.3% | $445.5M+53.2% | $437.0M+41.6% | $268.9M-14.2% |
| Long-Term Debt | $581.2M+48.5% | $400.3M+4.6% | $316.4M-15.9% | $393.6M+87.8% | $391.3M+79.0% | $382.8M+71.8% | $376.3M+60.1% | $209.6M-11.0% |
| Total Equity | -$560.3M-61.1% | -$465.7M-61.6% | -$392.1M-94.0% | -$374.5M-218.3% | -$347.8M-382.0% | -$288.1M-30880.6% | -$202.1M-307.5% | -$117.7M-181.0% |
| Retained Earnings | -$2.6B-13.3% | -$2.5B-12.6% | -$2.4B-14.0% | -$2.4B-17.5% | -$2.3B-16.7% | -$2.2B-18.4% | -$2.1B-19.3% | -$2.0B-19.8% |
UP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$91.6M-45.7% | -$99.6M-107.9% | -$18.4M-148.4% | -$37.1M-120.2% | -$62.9M-149.9% | -$47.9M+35.1% | $37.9M+1100.4% | -$16.9M+93.3% |
| Depreciation & Amortization | $4.0M-13.0% | $3.6M-58.6% | $42.9M+1.7% | $5.0M+35.1% | $4.6M+2.2% | $8.7M+40.3% | $42.1M+115.0% | $3.7M-33.9% |
| Stock-Based Compensation | $12.5M+51.2% | $11.4M-10.1% | N/A | $12.5M+58.5% | $8.3M-41.9% | $12.7M+12.9% | N/A | $7.9M+124.8% |
| Capital Expenditures | $52.9M+235.3% | $62.4M+324.1% | $39.9M-63.1% | $23.3M+357.9% | $15.8M+180.9% | $14.7M+265.6% | $108.1M+1276.0% | $5.1M+4479.3% |
| Free Cash Flow | -$144.5M-83.7% | -$162.0M-158.7% | -$58.3M+17.0% | -$60.4M-175.3% | -$78.6M-155.6% | -$62.6M+19.5% | -$70.2M-502.5% | -$21.9M+91.2% |
| Investing Cash Flow | -$27.9M-832.9% | -$38.7M-339.9% | $137.0M+288.3% | $23.5M+1094.4% | $3.8M-15.3% | $16.1M-17.8% | -$72.7M-1811.1% | $2.0M-94.8% |
| Financing Cash Flow | $150.3M+1794.2% | $63.4M+830.2% | -$109.9M-183.5% | $28.9M+350.2% | -$8.9M+48.1% | -$8.7M+64.3% | $131.6M+640.2% | -$11.6M-103.8% |
| Dividends Paid | $0 | $0 | N/A | N/A | $0 | $0 | $0 | $0 |
| Share Buybacks | $46K-46.5% | $201K+84.4% | $543K+54200.0% | $895K+991.5% | $86K+30.3% | $109K-67.8% | -$1K-96.4% | $82K |
UP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 11.9%+3.6pp | 5.8%-5.0pp | 14.3%+0.4pp | 6.8%-7.2pp | 8.3%+5.9pp | 10.8%+11.3pp | 13.9%+15.8pp | 14.0%+7.7pp |
| Operating Margin | -40.9%-9.4pp | -34.0%+11.5pp | -0.9%+25.1pp | -33.1%-11.5pp | -31.4%+8.8pp | -45.5%-2.6pp | -26.0%+0.3pp | -21.6%+18.7pp |
| Net Margin | -58.9%-15.5pp | -49.1%+6.8pp | -15.7%+27.0pp | -45.1%-15.4pp | -43.4%+6.0pp | -55.9%-6.5pp | -42.7%-9.8pp | -29.8%+15.5pp |
| Return on Assets | -11.6%-3.4pp | -9.0%+0.1pp | -3.0%+4.6pp | -8.6%-3.1pp | -8.2%+0.8pp | -9.1%-0.9pp | -7.6%-1.4pp | -5.5%+5.4pp |
| Current Ratio | 0.280.0x | 0.19-0.1x | 0.27-0.1x | 0.280.0x | 0.26-0.1x | 0.32-0.1x | 0.36-0.1x | 0.31-0.2x |
| Asset Turnover | 0.200.0x | 0.180.0x | 0.190.0x | 0.190.0x | 0.190.0x | 0.160.0x | 0.180.0x | 0.19-0.1x |
| FCF Margin | -79.4%-37.9pp | -95.9%-60.6pp | -31.7%+2.6pp | -32.6%-21.2pp | -41.5%-25.8pp | -35.3%+4.2pp | -34.3%-29.5pp | -11.3%+66.8pp |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.
Note: Shareholder equity is negative (-$392.1M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.27), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Wheels Up Experience Inc UP | FY2025 | $736.5M | -$294.2M | -40.0% | $160.3M | 13/100 |
| Aersale Corporation ASLE | FY2025 | $335.3M | $8.6M | 2.6% | $276.8M | 37/100 |
| Corporacion Am CAAP | FY2025 | $2.0B | $257.7M | 13.1% | $4.0B | 49/100 |
| Prog Holdings Inc PRG | FY2025 | $2.4B | $146.8M | 6.1% | $1.6B | 35/100 |
| Napco Security NSSC | FY2026 | $202.3M | $43.0M | 21.3% | $1.3B | 79/100 |
| Cimpress Plc CMPR | FY2026 | $3.7B | $95.9M | 2.6% | $2.1B | 44/100 |
Where Wheels Up Experience Inc Ranks
Frequently Asked Questions
What is Wheels Up Experience Inc's annual revenue?
Wheels Up Experience Inc (UP) reported $736.5M in total revenue for fiscal year 2025. This represents a -7.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Wheels Up Experience Inc's revenue growing?
Wheels Up Experience Inc (UP) revenue declined by 7.0% year-over-year, from $792.1M to $736.5M in fiscal year 2025.
Is Wheels Up Experience Inc profitable?
No, Wheels Up Experience Inc (UP) reported a net income of -$294.2M in fiscal year 2025, with a net profit margin of -40.0%.
What is Wheels Up Experience Inc's EBITDA?
Wheels Up Experience Inc (UP) had EBITDA of -$142.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Wheels Up Experience Inc have?
As of fiscal year 2025, Wheels Up Experience Inc (UP) had $133.9M in cash and equivalents against $316.4M in long-term debt.
What is Wheels Up Experience Inc's gross margin?
Wheels Up Experience Inc (UP) had a gross margin of 10.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Wheels Up Experience Inc's operating margin?
Wheels Up Experience Inc (UP) had an operating margin of -27.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Wheels Up Experience Inc's net profit margin?
Wheels Up Experience Inc (UP) had a net profit margin of -40.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Wheels Up Experience Inc's free cash flow?
Wheels Up Experience Inc (UP) recorded an outflow of $259.9M in free cash flow during fiscal year 2025. This represents a -29.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Wheels Up Experience Inc's operating cash flow?
Wheels Up Experience Inc (UP) recorded an outflow of $166.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Wheels Up Experience Inc's total assets?
Wheels Up Experience Inc (UP) had $968.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Wheels Up Experience Inc's capital expenditures?
Wheels Up Experience Inc (UP) invested $93.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Wheels Up Experience Inc spend on research and development?
Wheels Up Experience Inc (UP) invested $38.8M in research and development during fiscal year 2025.
What is Wheels Up Experience Inc's current ratio?
Wheels Up Experience Inc (UP) had a current ratio of 0.27 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Wheels Up Experience Inc's return on assets (ROA)?
Wheels Up Experience Inc (UP) had a return on assets of -30.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Wheels Up Experience Inc's P/E ratio?
Wheels Up Experience Inc (UP) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $160.3M as of Sep 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Wheels Up Experience Inc's price-to-sales ratio?
Wheels Up Experience Inc (UP) trades at 0.2x sales, its market capitalization divided by revenue of $720.2M revenue, trailing 12 months to June 30, 2026. The market capitalization is $160.3M as of Sep 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Wheels Up Experience Inc's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Wheels Up Experience Inc (UP) held $133.9M in cash, cash equivalents and investments, and reported an operating cash outflow of $166.3M over that year. Dividing the one by the other, the reported balance equals about 10 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is Wheels Up Experience Inc's debt-to-equity ratio negative or not reported?
Wheels Up Experience Inc (UP) has negative shareholder equity of -$392.1M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Wheels Up Experience Inc's Altman Z-Score?
Wheels Up Experience Inc (UP) has an Altman Z-Score of -4.14, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Wheels Up Experience Inc's Piotroski F-Score?
Wheels Up Experience Inc (UP) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Wheels Up Experience Inc's earnings high quality?
Wheels Up Experience Inc (UP) reported a net loss of $294.2M while operations used $166.3M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Wheels Up Experience Inc cover its interest payments?
Wheels Up Experience Inc (UP) reported an operating loss of $203.4M against $90.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Wheels Up Experience Inc?
Wheels Up Experience Inc (UP) scores 13 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.