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Side-by-side financial comparison of PARK NATIONAL CORP (PRK) and Wheels Up Experience Inc. (UP). Click either name above to swap in a different company.

Wheels Up Experience Inc. is the larger business by last-quarter revenue ($183.8M vs $168.3M, roughly 1.1× PARK NATIONAL CORP). PARK NATIONAL CORP runs the higher net margin — 25.3% vs -15.7%, a 41.0% gap on every dollar of revenue. On growth, PARK NATIONAL CORP posted the faster year-over-year revenue change (2.2% vs -10.2%). PARK NATIONAL CORP produced more free cash flow last quarter ($191.9M vs $-58.3M). Over the past eight quarters, PARK NATIONAL CORP's revenue compounded faster (4.9% CAGR vs -3.4%).

National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.

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.

PRK vs UP — Head-to-Head

Bigger by revenue
UP
UP
1.1× larger
UP
$183.8M
$168.3M
PRK
Growing faster (revenue YoY)
PRK
PRK
+12.4% gap
PRK
2.2%
-10.2%
UP
Higher net margin
PRK
PRK
41.0% more per $
PRK
25.3%
-15.7%
UP
More free cash flow
PRK
PRK
$250.2M more FCF
PRK
$191.9M
$-58.3M
UP
Faster 2-yr revenue CAGR
PRK
PRK
Annualised
PRK
4.9%
-3.4%
UP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PRK
PRK
UP
UP
Revenue
$168.3M
$183.8M
Net Profit
$42.6M
$-28.9M
Gross Margin
14.3%
Operating Margin
-0.9%
Net Margin
25.3%
-15.7%
Revenue YoY
2.2%
-10.2%
Net Profit YoY
10.4%
67.0%
EPS (diluted)
$2.62
$-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
PRK
PRK
UP
UP
Q4 25
$168.3M
$183.8M
Q3 25
$169.5M
$185.5M
Q2 25
$168.7M
$189.6M
Q1 25
$157.9M
$177.5M
Q4 24
$164.7M
$204.8M
Q3 24
$170.3M
$193.9M
Q2 24
$157.7M
$196.3M
Q1 24
$152.8M
$197.1M
Net Profit
PRK
PRK
UP
UP
Q4 25
$42.6M
$-28.9M
Q3 25
$47.2M
$-83.7M
Q2 25
$48.1M
$-82.3M
Q1 25
$42.2M
$-99.3M
Q4 24
$38.6M
$-87.5M
Q3 24
$38.2M
$-57.7M
Q2 24
$39.4M
$-97.0M
Q1 24
$35.2M
$-97.4M
Gross Margin
PRK
PRK
UP
UP
Q4 25
14.3%
Q3 25
6.8%
Q2 25
8.3%
Q1 25
10.8%
Q4 24
13.9%
Q3 24
13.9%
Q2 24
2.3%
Q1 24
-0.6%
Operating Margin
PRK
PRK
UP
UP
Q4 25
-0.9%
Q3 25
34.3%
-33.1%
Q2 25
35.2%
-31.4%
Q1 25
32.4%
-45.5%
Q4 24
-26.0%
Q3 24
27.4%
-21.6%
Q2 24
30.6%
-40.3%
Q1 24
27.8%
-42.9%
Net Margin
PRK
PRK
UP
UP
Q4 25
25.3%
-15.7%
Q3 25
27.8%
-45.1%
Q2 25
28.5%
-43.4%
Q1 25
26.7%
-55.9%
Q4 24
23.5%
-42.7%
Q3 24
22.4%
-29.8%
Q2 24
25.0%
-49.4%
Q1 24
23.0%
-49.4%
EPS (diluted)
PRK
PRK
UP
UP
Q4 25
$2.62
$-0.04
Q3 25
$2.92
$-0.12
Q2 25
$2.97
$-0.12
Q1 25
$2.60
$-0.14
Q4 24
$2.38
$-0.13
Q3 24
$2.35
$-0.08
Q2 24
$2.42
$-0.14
Q1 24
$2.17
$-0.14

Balance Sheet & Financial Strength

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

Metric
PRK
PRK
UP
UP
Cash + ST InvestmentsLiquidity on hand
$233.5M
$133.9M
Total DebtLower is stronger
$671.3M
Stockholders' EquityBook value
$1.4B
$-392.1M
Total Assets
$9.8B
$968.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRK
PRK
UP
UP
Q4 25
$233.5M
$133.9M
Q3 25
$218.9M
$125.3M
Q2 25
$193.1M
$107.0M
Q1 25
$237.6M
$171.8M
Q4 24
$160.6M
$216.4M
Q3 24
$201.7M
$115.9M
Q2 24
$261.5M
$141.5M
Q1 24
$306.1M
$180.9M
Total Debt
PRK
PRK
UP
UP
Q4 25
$671.3M
Q3 25
$766.5M
Q2 25
$770.5M
Q1 25
$765.8M
Q4 24
$761.3M
Q3 24
$596.9M
Q2 24
$597.4M
Q1 24
$603.2M
Stockholders' Equity
PRK
PRK
UP
UP
Q4 25
$1.4B
$-392.1M
Q3 25
$1.3B
$-374.5M
Q2 25
$1.3B
$-347.8M
Q1 25
$1.3B
$-288.1M
Q4 24
$1.2B
$-202.1M
Q3 24
$1.2B
$-117.7M
Q2 24
$1.2B
$-72.2M
Q1 24
$1.2B
$936.0K
Total Assets
PRK
PRK
UP
UP
Q4 25
$9.8B
$968.8M
Q3 25
$9.9B
$973.0M
Q2 25
$9.9B
$1.0B
Q1 25
$9.9B
$1.1B
Q4 24
$9.8B
$1.2B
Q3 24
$9.9B
$1.0B
Q2 24
$9.9B
$1.1B
Q1 24
$9.9B
$1.2B
Debt / Equity
PRK
PRK
UP
UP
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
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
PRK
PRK
UP
UP
Operating Cash FlowLast quarter
$198.3M
$-18.4M
Free Cash FlowOCF − Capex
$191.9M
$-58.3M
FCF MarginFCF / Revenue
114.1%
-31.7%
Capex IntensityCapex / Revenue
3.8%
21.7%
Cash ConversionOCF / Net Profit
4.65×
TTM Free Cash FlowTrailing 4 quarters
$328.2M
$-259.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRK
PRK
UP
UP
Q4 25
$198.3M
$-18.4M
Q3 25
$52.6M
$-37.1M
Q2 25
$49.7M
$-62.9M
Q1 25
$37.9M
$-47.9M
Q4 24
$178.8M
$37.9M
Q3 24
$43.8M
$-16.9M
Q2 24
$50.9M
$-25.2M
Q1 24
$35.0M
$-73.8M
Free Cash Flow
PRK
PRK
UP
UP
Q4 25
$191.9M
$-58.3M
Q3 25
$51.1M
$-60.4M
Q2 25
$48.4M
$-78.6M
Q1 25
$36.8M
$-62.6M
Q4 24
$169.7M
$-70.2M
Q3 24
$41.7M
$-21.9M
Q2 24
$49.0M
$-30.8M
Q1 24
$31.9M
$-77.8M
FCF Margin
PRK
PRK
UP
UP
Q4 25
114.1%
-31.7%
Q3 25
30.1%
-32.6%
Q2 25
28.7%
-41.5%
Q1 25
23.3%
-35.3%
Q4 24
103.0%
-34.3%
Q3 24
24.5%
-11.3%
Q2 24
31.1%
-15.7%
Q1 24
20.8%
-39.5%
Capex Intensity
PRK
PRK
UP
UP
Q4 25
3.8%
21.7%
Q3 25
0.9%
12.5%
Q2 25
0.8%
8.3%
Q1 25
0.7%
8.3%
Q4 24
5.6%
52.8%
Q3 24
1.2%
2.6%
Q2 24
1.2%
2.9%
Q1 24
2.1%
2.0%
Cash Conversion
PRK
PRK
UP
UP
Q4 25
4.65×
Q3 25
1.11×
Q2 25
1.03×
Q1 25
0.90×
Q4 24
4.63×
Q3 24
1.14×
Q2 24
1.29×
Q1 24
0.99×

Financial Flow Comparison

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

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