Wheels Financial Statements From 2010 to 2024

UP Stock  USD 2.61  0.20  8.30%   
Wheels Up financial statements provide useful quarterly and yearly information to potential Wheels Up Experience investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Wheels Up financial statements helps investors assess Wheels Up's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Wheels Up's valuation are summarized below:
Gross Profit
43.5 M
Profit Margin
(0.40)
Market Capitalization
1.5 B
Enterprise Value Revenue
2.3904
Revenue
833.7 M
There are currently one hundred twenty fundamental gauges for Wheels Up Experience that can be evaluated and compared over time across peers. Investors and active traders are advised to confirm Wheels Up's prevalent fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction.

Wheels Up Total Revenue

1.12 Billion

Check Wheels Up financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wheels Up's main balance sheet or income statement drivers, such as Interest Expense of 43.3 M, Tax Provision of 436.8 K or Interest Income of 8.6 M, as well as many indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.0 or PTB Ratio of 4.89. Wheels financial statements analysis is a perfect complement when working with Wheels Up Valuation or Volatility modules.
  
Check out the analysis of Wheels Up Correlation against competitors.

Wheels Up Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.6 B1.3 B898.6 M
Slightly volatile
Short and Long Term Debt Total296.8 M336.9 M258.4 M
Slightly volatile
Other Current Liabilities117.4 M104.4 M240.7 M
Slightly volatile
Total Current LiabilitiesB907.5 M605.2 M
Slightly volatile
Other Liabilities18.6 M20.8 M8.1 M
Slightly volatile
Property Plant And Equipment Net457.2 M406.6 M382.7 M
Slightly volatile
Accounts Payable37.1 M33 M30.5 M
Slightly volatile
Cash446.9 M263.9 M215.6 M
Slightly volatile
Non Current Assets Total978 M882 M601.1 M
Slightly volatile
Non Currrent Assets Other70.7 M139.4 M37.6 M
Slightly volatile
Other Assets135.8 M129.3 M41.3 M
Slightly volatile
Cash And Short Term Investments446.9 M263.9 M215.6 M
Slightly volatile
Net Receivables73.4 M49.8 M39.1 M
Slightly volatile
Good Will320.2 M218.2 M120.6 M
Slightly volatile
Common Stock Shares Outstanding27.8 M32.2 M25 M
Slightly volatile
Liabilities And Stockholders Equity1.6 B1.2 B890.7 M
Slightly volatile
Non Current Liabilities Total257.8 M308.7 M215.4 M
Slightly volatile
Inventory19.8 M20.4 M7.9 M
Slightly volatile
Other Current Assets56.3 M100 M34.9 M
Slightly volatile
Other Stockholder Equity2.4 M2.5 M254.3 M
Slightly volatile
Total Liabilities1.3 B1.2 B820.6 M
Slightly volatile
Deferred Long Term Liabilities1.2 M1.6 M1.2 M
Slightly volatile
Total Current Assets596.3 M434 M297.5 M
Slightly volatile
Short Term Debt71.4 M46.9 M55.9 M
Slightly volatile
Intangible Assets129.9 M117.8 M60.1 M
Slightly volatile
Common Stock66.5 K70 K2.6 M
Slightly volatile
Property Plant Equipment429.8 M576.5 M385 M
Slightly volatile
Warrants170.4 M191.7 M208.7 M
Slightly volatile
Current Deferred Revenue930.3 M723.2 M721.6 M
Slightly volatile
Common Stock Total Equity30.2 K28.8 K7.9 K
Slightly volatile
Short Term Investments191.8 M215.8 M235 M
Slightly volatile
Capital Surpluse1.1 B1.8 B396.5 M
Slightly volatile
Capital Lease Obligations103.9 M77.8 M80.3 M
Slightly volatile
Net Invested Capital423.7 M356.5 M488.8 M
Very volatile
Property Plant And Equipment Gross596.1 M663.6 M568.6 M
Very volatile
Short and Long Term Debt30.3 M24 M53.2 M
Slightly volatile
Capital Stock37.7 K70 K23 K
Slightly volatile
Non Current Liabilities Other16.7 M20.1 M21.1 M
Slightly volatile
Noncontrolling Interest In Consolidated Entity4.9 M5.5 MM
Slightly volatile
Cash And Equivalents548.2 M527.3 M738.4 M
Slightly volatile

Wheels Up Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Income8.6 M8.1 M1.8 M
Slightly volatile
Depreciation And Amortization61 M58.5 M46.5 M
Slightly volatile
Selling General Administrative117.9 M145.9 M60.7 M
Slightly volatile
Selling And Marketing Expenses84 M88.8 M55.4 M
Slightly volatile
Total Revenue1.1 B1.3 B646.3 M
Slightly volatile
Other Operating Expenses1.4 B1.7 B788.7 M
Slightly volatile
Research Development41.3 M61.9 M23.6 M
Slightly volatile
Cost Of Revenue1.1 B1.3 B604.9 M
Slightly volatile
Total Operating Expenses311.3 M464.4 M188.5 M
Slightly volatile
Reconciled Depreciation62.1 M64.1 M46.6 M
Slightly volatile
Income Tax Expense1.3 M1.4 M13.8 M
Slightly volatile
Non Operating Income Net Other12.5 M14 M15.3 M
Slightly volatile

Wheels Up Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation56.8 M58.5 M42.2 M
Slightly volatile
Capital Expenditures51.3 M36.7 M26.4 M
Slightly volatile
End Period Cash Flow402.6 M292.8 M213.4 M
Slightly volatile
Change To Liabilities81.8 M107.7 M51.9 M
Slightly volatile
Stock Based Compensation37.3 M25.6 M14.9 M
Slightly volatile
Begin Period Cash Flow418.8 M620.2 M200 M
Slightly volatile
Other Non Cash Items140.9 M134.2 M28.4 M
Slightly volatile
Cash And Cash Equivalents Changes369.5 M415.7 M452.6 M
Slightly volatile
Cash Flows Other Operating185 M208.2 M226.7 M
Slightly volatile
Dividends Paid248.3 M279.3 M304.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.340.36185.1601
Slightly volatile
Days Sales Outstanding26.014.492920.997
Slightly volatile
Stock Based Compensation To Revenue0.0180.02050.0139
Slightly volatile
Capex To Depreciation0.630.62640.4872
Slightly volatile
EV To Sales0.40.424.7998
Slightly volatile
Inventory Turnover55.0957.9929273
Slightly volatile
Days Of Inventory On Hand4.186.29392.6131
Slightly volatile
Payables Turnover22.8839.154418.3818
Slightly volatile
Sales General And Administrative To Revenue0.07140.11640.0622
Slightly volatile
Research And Ddevelopement To Revenue0.02820.04940.0323
Slightly volatile
Capex To Revenue0.03240.02930.0313
Slightly volatile
Cash Per Share1.91.99648.19
Slightly volatile
Days Payables Outstanding16.679.322124.1007
Slightly volatile
Intangibles To Total Assets0.210.25530.1267
Slightly volatile
Current Ratio0.430.47830.4105
Slightly volatile
Receivables Turnover13.3425.184717.989
Slightly volatile
Graham Number7.437.817824.8637
Slightly volatile
Capex Per Share0.260.27740.9028
Slightly volatile
Revenue Per Share9.019.480820.4672
Slightly volatile
Interest Debt Per Share2.322.44489.3164
Slightly volatile
Debt To Assets0.220.21420.3587
Slightly volatile
Operating Cycle23.120.786823.1381
Slightly volatile
Days Of Payables Outstanding16.679.322124.1007
Slightly volatile
Ebt Per Ebit1.411.09571.4614
Slightly volatile
Long Term Debt To Capitalization0.790.70711.1175
Slightly volatile
Total Debt To Capitalization0.660.74321.0241
Slightly volatile
Quick Ratio0.420.45370.403
Slightly volatile
Net Income Per E B T1.181.00281.1419
Slightly volatile
Cash Ratio0.320.29080.2867
Slightly volatile
Days Of Inventory Outstanding4.186.29392.6131
Slightly volatile
Days Of Sales Outstanding26.014.492920.997
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.641.05512.5353
Slightly volatile
Fixed Asset Turnover1.93.08231.569
Slightly volatile
Debt Ratio0.220.21420.3587
Slightly volatile
Price Sales Ratio0.340.36185.1601
Slightly volatile
Asset Turnover0.580.95230.7162
Very volatile

Wheels Up Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap430.8 M453.4 M1.9 B
Slightly volatile
Enterprise Value500.1 M526.4 M1.8 B
Slightly volatile

Wheels Fundamental Market Drivers

Cash And Short Term Investments263.9 M

Wheels Upcoming Events

14th of March 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Wheels Up Financial Statements

Wheels Up shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Wheels Up investors may analyze each financial statement separately, they are all interrelated. The changes in Wheels Up's assets and liabilities, for example, are also reflected in the revenues and expenses on on Wheels Up's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue723.2 M930.3 M
Total Revenue1.3 B1.1 B
Cost Of Revenue1.3 B1.1 B
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.12  0.07 
Research And Ddevelopement To Revenue 0.05  0.03 
Capex To Revenue 0.03  0.03 
Revenue Per Share 9.48  9.01 
Ebit Per Revenue(0.35)(0.37)

Pair Trading with Wheels Up

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wheels Up position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wheels Up will appreciate offsetting losses from the drop in the long position's value.

Moving against Wheels Stock

  0.34BA Boeing Fiscal Year End 29th of January 2025 PairCorr
The ability to find closely correlated positions to Wheels Up could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wheels Up when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wheels Up - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wheels Up Experience to buy it.
The correlation of Wheels Up is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wheels Up moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wheels Up Experience moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wheels Up can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Wheels Stock Analysis

When running Wheels Up's price analysis, check to measure Wheels Up's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wheels Up is operating at the current time. Most of Wheels Up's value examination focuses on studying past and present price action to predict the probability of Wheels Up's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wheels Up's price. Additionally, you may evaluate how the addition of Wheels Up to your portfolios can decrease your overall portfolio volatility.