United Parcel Service (UPS) EBITDA Margin (2009 - 2026)
United Parcel Service (UPS) recorded EBITDA Margin of 8.36% in Q2 2026, down 4.63 percentage points from 13.00% a year earlier and down 2.26 percentage points from the prior quarter.
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Analysis
United Parcel Service (UPS) EBITDA Margin (2009 - 2026) Analysis & Trends
On a TTM basis, United Parcel Service's EBITDA Margin came in at 11.61% as of Jun 30, 2026, down 1.76 percentage points year-over-year; for FY2025, it was 13.10%, down 0.16 percentage points from FY2024.
- Annual EBITDA Margin has declined for three straight years, though with a five-year change of +0.83 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 13.26% in FY2024 (-0.49 pp), 13.75% in FY2023 (-2.48 pp), 16.23% in FY2022 (+0.02 pp) and 16.20% in FY2021 (+3.93 pp).
- The Q2 2026 figure is the lowest quarterly EBITDA Margin since Q4 2016.
- On a year-over-year basis, EBITDA Margin has declined for four consecutive quarters, with an average year-over-year change of -0.26 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 5.68 percentage points in Q4 2021, against a drop of 5.74 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.62% (Q1 2026), 14.49% (Q4 2025) and 12.75% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 49.55% |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 48.72% |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | 47.81% |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | 8.36% |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | 42.77% |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | 10.71% |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | 12.75% |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | 35.84% |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | 22.64% |
| 10 | Copart | 25.14 Bn | 9.56 Bn | 645.66 Mn | 38.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.36% |
| Mar 31, 2026 | 10.62% |
| Dec 31, 2025 | 14.49% |
| Sep 30, 2025 | 12.75% |
| Jun 30, 2025 | 13.00% |
| Mar 31, 2025 | 11.97% |
| Dec 31, 2024 | 15.20% |
| Sep 30, 2024 | 12.99% |
| Jun 30, 2024 | 12.98% |
| Mar 31, 2024 | 11.57% |
| Dec 31, 2023 | 13.42% |
| Sep 30, 2023 | 10.35% |
| Jun 30, 2023 | 16.36% |
| Mar 31, 2023 | 14.72% |
| Dec 31, 2022 | 15.10% |
| Sep 30, 2022 | 16.09% |
| Jun 30, 2022 | 17.35% |
| Mar 31, 2022 | 16.47% |
| Dec 31, 2021 | 16.73% |
| Sep 30, 2021 | 15.67% |
API Access
United Parcel Service EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=UPS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "UPS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=UPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();