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Side-by-side financial comparison of MONRO, INC. (MNRO) and Wheels Up Experience Inc. (UP). Click either name above to swap in a different company.

MONRO, INC. is the larger business by last-quarter revenue ($293.4M vs $183.8M, roughly 1.6× Wheels Up Experience Inc.). MONRO, INC. runs the higher net margin — 3.8% vs -15.7%, a 19.5% gap on every dollar of revenue. On growth, MONRO, INC. posted the faster year-over-year revenue change (-4.0% vs -10.2%). MONRO, INC. produced more free cash flow last quarter ($9.1M vs $-58.3M). Over the past eight quarters, MONRO, INC.'s revenue compounded faster (-2.7% CAGR vs -3.4%).

Monro, Inc. is an automotive services company founded and headquartered in Rochester, New York, U.S. As of 2025, Monro has 1,260 locations making them the second-largest automotive services company in North America after Driven Brands by number of locations and by revenue.

Wheels Up is a provider of "on demand" private aviation in the United States and one of the largest private aviation companies in the world. It was founded in 2013 by Kenny Dichter, using a membership/on-demand business model. Wheels Up members can book private aircraft from the company fleet and third-party operators using a mobile application.

MNRO vs UP — Head-to-Head

Bigger by revenue
MNRO
MNRO
1.6× larger
MNRO
$293.4M
$183.8M
UP
Growing faster (revenue YoY)
MNRO
MNRO
+6.2% gap
MNRO
-4.0%
-10.2%
UP
Higher net margin
MNRO
MNRO
19.5% more per $
MNRO
3.8%
-15.7%
UP
More free cash flow
MNRO
MNRO
$67.4M more FCF
MNRO
$9.1M
$-58.3M
UP
Faster 2-yr revenue CAGR
MNRO
MNRO
Annualised
MNRO
-2.7%
-3.4%
UP

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
MNRO
MNRO
UP
UP
Revenue
$293.4M
$183.8M
Net Profit
$11.1M
$-28.9M
Gross Margin
34.9%
14.3%
Operating Margin
6.3%
-0.9%
Net Margin
3.8%
-15.7%
Revenue YoY
-4.0%
-10.2%
Net Profit YoY
143.1%
67.0%
EPS (diluted)
$0.35
$-0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MNRO
MNRO
UP
UP
Q4 25
$293.4M
$183.8M
Q3 25
$288.9M
$185.5M
Q2 25
$301.0M
$189.6M
Q1 25
$295.0M
$177.5M
Q4 24
$305.8M
$204.8M
Q3 24
$301.4M
$193.9M
Q2 24
$293.2M
$196.3M
Q1 24
$310.1M
$197.1M
Net Profit
MNRO
MNRO
UP
UP
Q4 25
$11.1M
$-28.9M
Q3 25
$5.7M
$-83.7M
Q2 25
$-8.1M
$-82.3M
Q1 25
$-21.3M
$-99.3M
Q4 24
$4.6M
$-87.5M
Q3 24
$5.6M
$-57.7M
Q2 24
$5.9M
$-97.0M
Q1 24
$3.7M
$-97.4M
Gross Margin
MNRO
MNRO
UP
UP
Q4 25
34.9%
14.3%
Q3 25
35.7%
6.8%
Q2 25
35.5%
8.3%
Q1 25
33.0%
10.8%
Q4 24
34.3%
13.9%
Q3 24
35.3%
13.9%
Q2 24
37.2%
2.3%
Q1 24
35.5%
-0.6%
Operating Margin
MNRO
MNRO
UP
UP
Q4 25
6.3%
-0.9%
Q3 25
4.4%
-33.1%
Q2 25
-2.0%
-31.4%
Q1 25
-8.1%
-45.5%
Q4 24
3.3%
-26.0%
Q3 24
4.4%
-21.6%
Q2 24
4.5%
-40.3%
Q1 24
3.3%
-42.9%
Net Margin
MNRO
MNRO
UP
UP
Q4 25
3.8%
-15.7%
Q3 25
2.0%
-45.1%
Q2 25
-2.7%
-43.4%
Q1 25
-7.2%
-55.9%
Q4 24
1.5%
-42.7%
Q3 24
1.9%
-29.8%
Q2 24
2.0%
-49.4%
Q1 24
1.2%
-49.4%
EPS (diluted)
MNRO
MNRO
UP
UP
Q4 25
$0.35
$-0.04
Q3 25
$0.18
$-0.12
Q2 25
$-0.28
$-0.12
Q1 25
$-0.74
$-0.14
Q4 24
$0.15
$-0.13
Q3 24
$0.18
$-0.08
Q2 24
$0.19
$-0.14
Q1 24
$0.12
$-0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MNRO
MNRO
UP
UP
Cash + ST InvestmentsLiquidity on hand
$4.9M
$133.9M
Total DebtLower is stronger
$45.0M
$671.3M
Stockholders' EquityBook value
$604.9M
$-392.1M
Total Assets
$1.6B
$968.8M
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MNRO
MNRO
UP
UP
Q4 25
$4.9M
$133.9M
Q3 25
$10.5M
$125.3M
Q2 25
$7.8M
$107.0M
Q1 25
$20.8M
$171.8M
Q4 24
$10.2M
$216.4M
Q3 24
$20.9M
$115.9M
Q2 24
$18.7M
$141.5M
Q1 24
$6.6M
$180.9M
Total Debt
MNRO
MNRO
UP
UP
Q4 25
$45.0M
$671.3M
Q3 25
$60.0M
$766.5M
Q2 25
$71.5M
$770.5M
Q1 25
$61.3M
$765.8M
Q4 24
$59.3M
$761.3M
Q3 24
$62.0M
$596.9M
Q2 24
$112.0M
$597.4M
Q1 24
$102.0M
$603.2M
Stockholders' Equity
MNRO
MNRO
UP
UP
Q4 25
$604.9M
$-392.1M
Q3 25
$601.7M
$-374.5M
Q2 25
$604.9M
$-347.8M
Q1 25
$620.8M
$-288.1M
Q4 24
$648.9M
$-202.1M
Q3 24
$651.9M
$-117.7M
Q2 24
$654.4M
$-72.2M
Q1 24
$656.8M
$936.0K
Total Assets
MNRO
MNRO
UP
UP
Q4 25
$1.6B
$968.8M
Q3 25
$1.6B
$973.0M
Q2 25
$1.6B
$1.0B
Q1 25
$1.6B
$1.1B
Q4 24
$1.7B
$1.2B
Q3 24
$1.7B
$1.0B
Q2 24
$1.7B
$1.1B
Q1 24
$1.7B
$1.2B
Debt / Equity
MNRO
MNRO
UP
UP
Q4 25
0.07×
Q3 25
0.10×
Q2 25
0.12×
Q1 25
0.10×
Q4 24
0.09×
Q3 24
0.10×
Q2 24
0.17×
Q1 24
0.16×
644.43×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MNRO
MNRO
UP
UP
Operating Cash FlowLast quarter
$17.8M
$-18.4M
Free Cash FlowOCF − Capex
$9.1M
$-58.3M
FCF MarginFCF / Revenue
3.1%
-31.7%
Capex IntensityCapex / Revenue
3.0%
21.7%
Cash ConversionOCF / Net Profit
1.60×
TTM Free Cash FlowTrailing 4 quarters
$49.6M
$-259.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MNRO
MNRO
UP
UP
Q4 25
$17.8M
$-18.4M
Q3 25
$32.3M
$-37.1M
Q2 25
$-1.9M
$-62.9M
Q1 25
$28.9M
$-47.9M
Q4 24
$14.8M
$37.9M
Q3 24
$62.6M
$-16.9M
Q2 24
$25.6M
$-25.2M
Q1 24
$-5.3M
$-73.8M
Free Cash Flow
MNRO
MNRO
UP
UP
Q4 25
$9.1M
$-58.3M
Q3 25
$26.6M
$-60.4M
Q2 25
$-9.3M
$-78.6M
Q1 25
$23.2M
$-62.6M
Q4 24
$7.9M
$-70.2M
Q3 24
$57.6M
$-21.9M
Q2 24
$16.8M
$-30.8M
Q1 24
$-11.9M
$-77.8M
FCF Margin
MNRO
MNRO
UP
UP
Q4 25
3.1%
-31.7%
Q3 25
9.2%
-32.6%
Q2 25
-3.1%
-41.5%
Q1 25
7.9%
-35.3%
Q4 24
2.6%
-34.3%
Q3 24
19.1%
-11.3%
Q2 24
5.7%
-15.7%
Q1 24
-3.8%
-39.5%
Capex Intensity
MNRO
MNRO
UP
UP
Q4 25
3.0%
21.7%
Q3 25
2.0%
12.5%
Q2 25
2.5%
8.3%
Q1 25
1.9%
8.3%
Q4 24
2.2%
52.8%
Q3 24
1.6%
2.6%
Q2 24
3.0%
2.9%
Q1 24
2.1%
2.0%
Cash Conversion
MNRO
MNRO
UP
UP
Q4 25
1.60×
Q3 25
5.71×
Q2 25
Q1 25
Q4 24
3.23×
Q3 24
11.08×
Q2 24
4.37×
Q1 24
-1.42×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MNRO
MNRO

Tires$150.2M51%
Maintenance$73.5M25%
Brakes$35.1M12%
Steering$24.9M8%
Batteries$6.2M2%
Exhaust$3.2M1%

UP
UP

Segment breakdown not available.

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