YOLFTbeta
Wheels Up Experience Inc

Wheels Up Experience Inc

UP · NYSE · Industrials / Airports & Air Services

2.27USD-0.19 (-7.72%)

Price History

Full chart

Market Stats

Previous Close2.46
Open2.46
Day Range2.21 – 2.46
52-Week Range3.14 – 43.00
Volume70.51K
Market Cap136.76M
P/E (TTM)0.00
Forward P/E0.00
EPS-8.45
Dividend Yield0.00%
Beta2.10
50-Day Avg4.95
200-Day Avg9.13

About

Wheels Up Experience Inc. provides on-demand private aviation services in the United States and internationally. The company offers Wheels Up Membership program that consists of a simplified on-ramp to private flying services to individual and business private flyers; Wheels Up charter solutions which allows members and customers to book charter trips with no upfront costs. It also provides cargo flights and government and defense solutions; maintenance, repair and operations ground services for aircraft owners and operators; flight-related services, such as catering or ground transportation; sells a whole aircraft; group charter; cargo; safety and security; and special missions services, including government, defense, emergency and medical transport. The company serves high net worth individuals, small, medium and large businesses, cargo and group charter customers, and customers with specialized needs comprising musicians, entertainers, athletes, and business executives. Wheels Up Experience Inc. was founded in 2013 and is headquartered in Chamblee, Georgia.

Company Details

  • SectorIndustrials
  • IndustryAirports & Air Services
  • CEOMr. George Nathaniel Mattson
  • Employees1.25K
  • Headquarters2135 American Way, Chamblee, GA, United States, 30341, USA
  • Websitehttps://www.wheelsup.com

Leadership

  • Mr. George Nathaniel MattsonCEO & Director · b. 1966
  • Mr. John Andrew VerkampChief Financial Officer · b. 1979
  • Mr. David HoltzChief Operating Officer · b. 1957
  • Mr. Alexander ChatkewitzChief Accounting Officer · b. 1965
  • Ms. Jill Sullivan GreerExecutive Vice President of Investor Relations & Sustainability
  • Mr. Matthew J. Knopf J.D.Chief Legal Officer & Secretary · b. 1957
  • Mr. David Reed GodsmanChief Digital Officer & Interim Chief Sales Officer · b. 1973
  • Ms. Kristen LauriaChief Marketing Officer · b. 1969
  • Mr. Brian Joseph KedziorChief People Officer · b. 1981
  • Ms. Julia ZhangSenior Vice President of Pricing & Revenue Management

Financials

Income Statement

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue332.14M384.91M694.98M1.19B1.58B1.25B792.10M736.50M
Growth (%)-+15.89%+80.56%+71.84%+32.28%-20.66%-36.80%-7.02%
Cost of Revenue276.43M380.02M634.77M1.17B1.61B1.29B733.08M719.94M
Gross Profit55.71M4.89M60.21M22.43M-26.50M-37.72M59.03M16.55M
Gross Margin16.77%1.27%8.66%1.88%-1.68%-3.01%7.45%2.25%
Operating Expense107.71M83.02M123.17M225.71M533.51M405.83M317.82M268.84M
Operating Income-52.00M-78.13M-62.97M-203.28M-560.01M-443.56M-258.79M-252.29M
Operating Margin-15.66%-20.30%-9.06%-17.02%-35.45%-35.39%-32.67%-34.25%
EBITDA-18.77M-38.16M-3.89M-133.46M-481.93M-386.22M-216.51M-139.07M
EBITDA Margin-5.65%-9.91%-0.56%-11.17%-30.51%-30.82%-27.33%-18.88%
Net Income-83.24M-96.27M-78.64M-190.02M-555.16M-487.39M-339.63M-294.22M
Net Income Margin-25.06%-25.01%-11.32%-15.91%-35.14%-38.89%-42.88%-39.95%
R&D10.20M13.96M21.01M33.58M57.24M61.87M40.69M38.76M
R&D as % of Total Revenue3.07%3.63%3.02%2.81%3.62%4.94%5.14%5.26%
Interest Expense029.36M22.99M9.52M7.51M41.26M65.35M90.47M
Interest Expense % of Total Revenue0.00%7.63%3.31%0.80%0.48%3.29%8.25%12.28%

Balance Sheet

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-527.63M1.36B1.98B1.97B1.32B1.16B968.81M
Total Liabilities-583.89M1.07B1.24B1.67B1.22B1.35B1.36B
Total Equity--56.25M293.83M736.23M299.92M99.87M-196.23M-392.10M
Cash-84.05M312.80M784.57M585.88M263.91M216.43M133.93M
Total Debt-247.81M283.31M115.08M365.94M336.90M96.51M473.36M
Net Debt-163.76M-29.49M-669.50M-219.94M72.99M-119.92M339.43M

Cash Flow

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-3.30M-24.88M209.64M126.49M-230.69M-665.28M-77.89M-166.29M
Investing Cash Flow-21.56M-41.32M81.58M-38.67M-175.24M40.87M-46.68M180.37M
Financing Cash Flow-33.23M87.38M-62.79M374.03M244.79M300.95M78.66M-98.51M
Capital Expenditure8.04M8.07M15.52M60.08M151.36M40.91M140.24M116.86M
Free Cash Flow-11.34M-32.95M194.12M66.41M-382.05M-706.19M-218.13M-283.15M
Dividends Paid-----310.32M--
FCF to OCF343.37%132.43%92.60%52.50%165.61%106.15%280.05%170.27%
Dividend Paid to FCF------43.94%--

Earnings

Report DateNov 16, 2020Mar 15, 2021May 24, 2021Aug 12, 2021Nov 10, 2021Mar 10, 2022May 12, 2022Aug 11, 2022Nov 9, 2022Mar 9, 2023May 9, 2023Aug 14, 2023Nov 9, 2023Mar 7, 2024May 9, 2024Aug 8, 2024Nov 7, 2024Mar 11, 2025May 5, 2025Aug 7, 2025Nov 5, 2025Feb 19, 2026May 7, 2026Aug 4, 2026Nov 4, 2026
EPS Estimate0.00---23.00-23.33-46.80-0.35-56.00-55.67-0.31-58.40-55.00-46.00-2.40-0.47-2.30-40.00-2.20-2.02-1.89-1.55-1.680.00--
EPS Actual0.00-0.05-0.09-50.00-23.40-43.40-0.25-50.52-48.22-0.79-53.34-54.28-21.72-0.12-0.14-0.14-1.60-0.13-0.14-0.11-0.12-0.04-2.29-2.62-
Surprise----117.39%-0.30%7.26%28.57%9.79%13.38%-154.84%8.66%1.31%52.78%95.00%70.32%93.96%96.00%94.09%93.07%94.18%92.26%97.62%---
Timing-After-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-market------Pre-marketAfter-hours

Key Statistics & Ratios

Market Cap136.76M
Enterprise Value767.04M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.19
Price / Book2860.73
EPS-8.45
Book Value-15.45
Revenue (TTM)720.25M
Gross Profit (TTM)96.77M
EBITDA-183.39M
Profit Margin-42.04%
Operating Margin-31.26%
Return on Equity-2416.94%
Return on Assets-14.17%
Shares Outstanding36.28M
Shares Float5.69M
Beta2.10
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
81.35%
Insiders
12.81%
Retail / Other
5.84%

Top Institutional Holders

  • DELTA AIR LINES, INC.
    13.17M36.30%
  • Knighthead Capital Management, LLC
    12.91M35.58%
  • Kore Advisors LP
    770.23K2.12%
  • Masters Capital Management LLC
    300.00K0.83%
  • Vanguard Capital Management, LLC
    3.24M0.45%
  • Militia Capital Management, LLC
    116.23K0.32%
  • BlackRock Inc
    1.29M0.18%
  • UBS Group AG
    1.05M0.15%
  • Geode Capital Management, LLC
    1.04M0.14%
  • Vanguard Fiduciary Trust Co
    612.49K0.08%
  • Charles Schwab Investment Management Inc
    573.02K0.08%
  • Jane Street Group LLC
    442.24K0.06%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    164.94K0.45%
  • iShares Russell 2000 ETF
    124.51K0.34%
  • Inspire Small/Mid Cap ETF
    81.48K0.22%
  • iShares Russell 2000 Value ETF
    77.09K0.21%
  • Fidelity Small Cap Index
    59.78K0.16%
  • Vanguard Russell 2000 ETF
    31.10K0.09%
  • Schwab US Small-Cap ETF™
    21.78K0.06%
  • iShares Micro-Cap ETF
    21.48K0.06%

Stock Splits

  • Apr 27, 20261:20
  • Jun 8, 20231:10