United Parcel Service (UPS) Debt Ratio (2009 - 2026)
United Parcel Service's (UPS) quarterly Debt Ratio came in at 0.34 in Q2 2026, down 1.51% year-over-year from 0.35 in Q2 2025, and up 1.17% quarter-over-quarter from 0.34 in Q1 2026.
Analysis
United Parcel Service (UPS) Debt Ratio (2009 - 2026) Analysis & Trends
United Parcel Service (UPS) has reported Debt Ratio for 18 consecutive years, with 0.34 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Debt Ratio fell 1.51% year-over-year to 0.34 in Q2 2026; TTM through Jun 2026 was 0.34, a 1.51% decrease from a year earlier, with the FY2025 full-year figure at 0.33, up 8.67% from the prior year.
- Debt Ratio was 0.34 for Q2 2026 at United Parcel Service, up from 0.34 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.35 in Q2 2025 and troughed at 0.28 in Q4 2022.
- A 5-year average of 0.32 and a median of 0.33 in 2024 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio dropped 20.21% in 2022 and grew 13.66% in 2023, its largest moves.
- Over 5 years, Debt Ratio stood at 0.28 in 2022, then grew by 13.66% to 0.31 in 2023, then slipped by 3.33% to 0.3 in 2024, then climbed by 8.67% to 0.33 in 2025, then rose by 4.08% to 0.34 in 2026.
- The last three Debt Ratio figures came in at 0.34 (Q2 2026), 0.34 (Q1 2026), and 0.33 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 84.59 Bn | 79.94 Bn | 19.65 Bn | 0.34 |
| 2 | Fedex | 73.62 Bn | 60.31 Bn | 18.84 Bn | 0.26 |
| 3 | ZTO Express (Cayman) | 16.53 Bn | 11.93 Bn | 550.21 Mn | 0.01 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.34 |
| Mar 31, 2026 | 0.34 |
| Dec 31, 2025 | 0.33 |
| Sep 30, 2025 | 0.35 |
| Jun 30, 2025 | 0.35 |
| Mar 31, 2025 | 0.31 |
| Dec 31, 2024 | 0.30 |
| Sep 30, 2024 | 0.32 |
| Jun 30, 2024 | 0.32 |
| Mar 31, 2024 | 0.30 |
| Dec 31, 2023 | 0.31 |
| Sep 30, 2023 | 0.30 |
| Jun 30, 2023 | 0.32 |
| Mar 31, 2023 | 0.34 |
| Dec 31, 2022 | 0.28 |
| Sep 30, 2022 | 0.33 |
| Jun 30, 2022 | 0.33 |
| Mar 31, 2022 | 0.34 |
| Dec 31, 2021 | 0.35 |
| Sep 30, 2021 | 0.34 |