United Parcel Service (UPS) Interest Coverage Ratio (2009 - 2026)
United Parcel Service's Interest Coverage Ratio was 6.03 in Q3 2026, down 2.7% from 6.20 a year earlier but up 76.5% from the prior quarter.
United Parcel Service (UPS) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, United Parcel Service's Interest Coverage Ratio was 5.96 through Sep 30, 2026, down 28.9% year-over-year; for FY2025, it came in at 7.74, down 20.9% from FY2024.
- Interest Coverage Ratio has now declined for three consecutive years.
- In earlier years, Interest Coverage Ratio was 9.78 in FY2024 (-15.8%), 11.61 in FY2023 (-37.6%), 18.60 in FY2022 (+0.8%) and 18.46 in FY2021 (+68.4%).
- Quarterly Interest Coverage Ratio has moved between 3.42 (Q2 2026) and 22.49 (Q4 2021) over five years.
- Compared with a year earlier, Interest Coverage Ratio has declined for seven straight quarters, with an average decline of 20.6% over the last eight quarters.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q4 2021 (growth of 93.2%); the worst was Q3 2023 (a decline of 61.6%).
- Per Business Quant data, UPS's Interest Coverage Ratio in the three quarters before Q3 2026 was 3.42 (Q2 2026), 4.76 (Q1 2026) and 9.68 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 176.50 Bn | 168.74 Bn | - | 9.43 |
| 2 | United Parcel Service | 94.38 Bn | 71.20 Bn | - | 6.03 |
| 3 | Csx | 93.38 Bn | 88.60 Bn | - | 7.58 |
| 4 | Canadian Pacific Kansas City | 83.29 Bn | 82.32 Bn | - | - |
| 5 | Fedex | 75.61 Bn | 41.81 Bn | - | - |
| 6 | Norfolk Southern | 73.28 Bn | 67.74 Bn | - | 5.96 |
| 7 | Delta Air Lines | 59.96 Bn | 42.14 Bn | - | - |
| 8 | United Airlines Holdings | 39.09 Bn | -18.60 Bn | - | 4.03 |
| 9 | Old Dominion Freight Line | 35.40 Bn | 34.24 Bn | - | 14,145.16 |
| 10 | Ryanair Holdings | 32.52 Bn | 16.79 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.03 |
| Jun 30, 2026 | 3.42 |
| Mar 31, 2026 | 4.76 |
| Dec 31, 2025 | 9.68 |
| Sep 30, 2025 | 6.20 |
| Jun 30, 2025 | 7.66 |
| Mar 31, 2025 | 7.50 |
| Dec 31, 2024 | 12.78 |
| Sep 30, 2024 | 8.63 |
| Jun 30, 2024 | 9.17 |
| Mar 31, 2024 | 8.27 |
| Dec 31, 2023 | 11.85 |
| Sep 30, 2023 | 6.75 |
| Jun 30, 2023 | 14.55 |
| Mar 31, 2023 | 13.52 |
| Dec 31, 2022 | 17.55 |
| Sep 30, 2022 | 17.59 |
| Jun 30, 2022 | 20.67 |
| Mar 31, 2022 | 18.68 |
| Dec 31, 2021 | 22.49 |
United Parcel Service Interest Coverage Ratio 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=interest-coverage-ratio&ticker=UPS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=UPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();