UP (Wheels Up Experience) Debt-to-Equity: -1.16 (As of Mar. 2026)

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UP Wheels Up Experience Inc UP
47 GF Score
Price $6.32
GF Value $6.12
Valuation Fairly Valued
! 6 Warning Signs
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What is Wheels Up Experience Debt-to-Equity?

Wheels Up Experience UP -1.40% 47 Debt-to-Equity is -1.16 as of Mar. 2026. GuruFocus rates UP with a GF Score™ of 47/100 and a GF Value™ of $6.12 (Fairly Valued). The stock has 6 warning signs investors should review. Among 910 Transportation companies, Wheels Up Experience ranks worse than 109890% on this metric.

Wheels Up Experience's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $21.7 Mil. Wheels Up Experience's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $516.7 Mil. Wheels Up Experience's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-465.7 Mil. Wheels Up Experience's debt to equity for the quarter that ended in Mar. 2026 was -1.16.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Wheels Up Experience's Debt-to-Equity or its related term are showing as below:

UP' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.08   Med: 0.16   Max: 26.83
Current: -1.16

During the past 7 years, the highest Debt-to-Equity Ratio of Wheels Up Experience was 26.83. The lowest was -4.08. And the median was 0.16.

UP's Debt-to-Equity is not ranked
in the Transportation industry.
Industry Median: 0.53 vs UP: -1.16

Wheels Up Experience  (NYSE:UP) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Wheels Up Experience Debt-to-Equity Related Terms


Wheels Up Experience Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Wheels Up Experience's Debt-to-Equity 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.

Wheels Up Experience Debt-to-Equity Chart

Wheels Up Experience Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.16 1.45 3.37 -2.41 -1.21

Wheels Up Experience Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.67 -1.36 -1.26 -1.21 -1.16

UP vs ASLE, ICTSF, SKAS: Debt-to-Equity Comparison

For the Airports & Air Services subindustry, Wheels Up Experience's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Wheels Up Experience's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wheels Up Experience's Debt-to-Equity falls into.


UP
47GF Score
Wheels Up Experience Inc UP
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Wheels Up Experience Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wheels Up Experience's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Wheels Up Experience's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -1.16 mean?
Wheels Up Experience (UP) has a Debt-to-Equity of -1.16 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Wheels Up Experience and its competitors. According to the industry distribution chart, Wheels Up Experience ranks #999999 out of 910 companies in the Transportation industry.
Is Wheels Up Experience's Debt-to-Equity too high?
Wheels Up Experience's current Debt-to-Equity is -1.16. Based on the distribution chart, Wheels Up Experience ranks #999999 out of 910 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Wheels Up Experience has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wheels Up Experience's Debt-to-Equity compare to ASLE and ICTSF?
According to the Transportation industry distribution chart, Wheels Up Experience ranks #999999 out of 910 companies for Debt-to-Equity. This places Wheels Up Experience in the lower half of its industry. The industry median Debt-to-Equity is 0.53. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 910 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Wheels Up Experience and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wheels Up Experience's current Debt-to-Equity is -1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wheels Up Experience stock overvalued right now?
Based on GuruFocus' analysis, Wheels Up Experience (UP) is currently considered Fairly Valued. The stock's GF Value™ is $6.12, compared to a current price of $6.32 — trading 3.3% above its estimated fair value. The current Debt-to-Equity is -1.16. Wheels Up Experience's overall GF Score™ is 47/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Wheels Up Experience (UP), the current Debt-to-Equity is -1.16 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Wheels Up Experience (UP) Overvalued in 2026?

Based on GuruFocus' analysis, Wheels Up Experience stock appears to be overvalued. The current stock price of $6.32 is trading 3.3% above its estimated GF Value™ of $6.12. GuruFocus considers Wheels Up Experience to be Fairly Valued.

Key valuation signals for UP:

  • Debt-to-Equity: -1.16
  • GF Value™: $6.12 vs. price of $6.32 (3.3% above fair value)
  • GF Score™: 47/100 with 6 warning signs

No single metric tells the full story. See the UP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wheels Up Experience Business Description

Address 2135 American Way, Chamblee, GA, USA, 30341
Wheels Up Experience Inc is a provider of on-demand private aviation. The company offers a private aviation solution with a large and diverse aircraft fleet, delivered through a mix of charter solutions and its membership program that utilizes its controlled aircraft fleet and a network of safety-vetted charter operators. Through its partnership firm, it provides members and customers with an offering across private and premium commercial travel. It generates the majority of its revenue from member and customer flights through its membership program and charter solutions, as well as from membership fees and other activities and services, including group charter flights, cargo flights, and special missions. Geographically, the company generates maximum revenue from the United States.
47GF Score

Get the complete analysis for UP

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.32
Price
$6.12
GF Value