KPIs & Operating Metrics(New)
Growth Metrics

United Parcel Service (UPS) Gross Margin (2016 - 2025)

United Parcel Service (UPS) has disclosed Gross Margin for 17 consecutive years, with 105.47% as the latest value for Q4 2025.

  • Quarterly Gross Margin rose 2378.0% to 105.47% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 96.9% through Dec 2025, up 809.0% year-over-year, with the annual reading at 95.13% for FY2025, 379.0% up from the prior year.
  • Gross Margin for Q4 2025 was 105.47% at United Parcel Service, up from 95.0% in the prior quarter.
  • The five-year high for Gross Margin was 120.27% in Q4 2023, with the low at 79.99% in Q3 2021.
  • Average Gross Margin over 5 years is 93.73%, with a median of 92.41% recorded in 2024.
  • The sharpest move saw Gross Margin soared 2911bps in 2023, then tumbled -3859bps in 2024.
  • Over 5 years, Gross Margin stood at 95.77% in 2021, then fell by -5bps to 91.16% in 2022, then surged by 32bps to 120.27% in 2023, then crashed by -32bps to 81.68% in 2024, then grew by 29bps to 105.47% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods came in at 105.47%, 95.0%, and 90.77% for Q4 2025, Q3 2025, and Q2 2025 respectively.