UP's Gross Margin % is ranked worse than 95.23% of 985
companies
in the Transportation industry
Industry Median: 20.42
vs UP: 1.61
Wheels Up Experience had a gross margin of -1.18% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Wheels Up Experience was 0.00% per year.
Wheels Up Experience (NYSE:UP) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Wheels Up Experience had a gross margin of -1.18% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Wheels Up Experience Gross Margin % Related Terms
Wheels Up Experience Gross Margin % Historical Data
* Premium members only.
The historical data trend for Wheels Up Experience's Gross Margin % 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.
UP vs ASLE, ICTSF, SKAS: Gross Margin % Comparison
For the Airports & Air Services subindustry, Wheels Up Experience's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, Wheels Up Experience's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Wheels Up Experience's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Wheels Up Experience (UP) has a Gross Margin % of -1.18% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Wheels Up Experience and its competitors. According to the industry distribution chart, Wheels Up Experience ranks #938 out of 985 companies in the Transportation industry, placing it in the top 95.2%.
Is Wheels Up Experience's Gross Margin % too high?
Wheels Up Experience's current Gross Margin % is -1.18%. Based on the distribution chart, Wheels Up Experience ranks #938 out of 985 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Wheels Up Experience has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wheels Up Experience's Gross Margin % compare to ASLE and ICTSF?
According to the Transportation industry distribution chart, Wheels Up Experience ranks #938 out of 985 companies for Gross Margin %. This places Wheels Up Experience in the lower half of its industry. The industry median Gross Margin % is 20.42. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 985 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Wheels Up Experience and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wheels Up Experience's current Gross Margin % is -1.18%. 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 Significantly Overvalued. The stock's GF Value™ is $6.19, compared to a current price of $8.33 — trading 34.6% above its estimated fair value. The current Gross Margin % is -1.18%. Wheels Up Experience's overall GF Score™ is 49/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Wheels Up Experience (UP), the current Gross Margin % is -1.18% 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 $8.33 is trading 34.6% above its estimated GF Value™ of $6.19.
GuruFocus considers Wheels Up Experience to be Significantly Overvalued.
Key valuation signals for UP:
Gross Margin %: -1.18%
GF Value™: $6.19 vs. price of $8.33 (34.6% above fair value)
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 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.
49GF Score
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