United Parcel Service (UPS) Debt to Equity (2009 - 2026)
United Parcel Service (UPS) reported Debt to Equity of $1.54 for Q1 2026, up 100.35% year-over-year from $0.77 in Q1 2025, and up 3.86% quarter-over-quarter from $1.49 in Q4 2025.
United Parcel Service (UPS) Debt to Equity (2009 - 2026) Analysis & Trends
United Parcel Service (UPS) has 18 years of Debt to Equity data on file, last reported at $1.54 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $1.54, up 100.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.54 (up 100.35% YoY), and the FY2025 annual result was $1.49, up 45.88% from the prior year.
- Debt to Equity advanced to $1.54 in Q1 2026 per UPS's latest filing, from $1.49 in the prior quarter.
- Over five years, Debt to Equity peaked at $10175.0 in Q3 2022 and troughed at -$7401.7 in Q2 2024.
- A 5-year average of $377.55 and a median of $1.02 in 2024 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2022 and 2024: Debt to Equity jumped 134.28% in 2022, then plunged 15558.82% in 2024.
- A 5-year view of Debt to Equity shows it stood at -$13.6 in 2022, then jumped by 32.67% to -$9.15 in 2023, then surged by 111.13% to $1.02 in 2024, then jumped by 45.88% to $1.49 in 2025, then increased by 3.86% to $1.54 in 2026.
- Business Quant data shows UPS's Debt to Equity at $1.54 in Q1 2026, $1.49 in Q4 2025, and $1.56 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | 1.54 |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | 0.85 |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn | 0.36 |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn | 0.79 |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | - |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | - |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | 1.05 |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | - |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | -2.39 |
| 10 | Cryoport | 783.40 Mn | 379.76 Mn | 21.91 Mn | 0.38 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.54 |
| Dec 31, 2025 | 1.49 |
| Sep 30, 2025 | 1.56 |
| Mar 31, 2025 | -445.19 |
| Dec 31, 2024 | 1.02 |
| Sep 30, 2024 | -157.77 |
| Jun 30, 2024 | -7,401.67 |
| Mar 31, 2024 | -14.58 |
| Dec 31, 2023 | -9.15 |
| Sep 30, 2023 | 1.02 |
| Jun 30, 2023 | 2,217.50 |
| Dec 31, 2022 | -13.60 |
| Sep 30, 2022 | 10,175.00 |
| Jun 30, 2022 | 3,307.86 |
| Mar 31, 2022 | -2,001.83 |
| Dec 31, 2021 | 16.32 |
| Sep 30, 2021 | 11,053.00 |
| Jun 30, 2021 | 1,411.94 |
| Mar 31, 2021 | 3,389.57 |
| Dec 31, 2020 | 31.53 |