United Parcel Service (UPS) Leases (2009 - 2026)
United Parcel Service (UPS) reported Leases of $4.1 billion for Q1 2026, up 1.72% year-over-year from $4.0 billion in Q1 2025, and down 4.2% quarter-over-quarter from $4.3 billion in Q4 2025.
United Parcel Service (UPS) Leases (2009 - 2026) Analysis & Trends
United Parcel Service (UPS) has 17 years of Leases data on file, last reported at $4.1 billion in Q1 2026.
- Leases for Q1 2026 came in at $4.1 billion, up 1.72% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.1 billion (up 1.72% YoY), and the FY2025 annual result was $4.3 billion, up 2.75% from the prior year.
- Leases declined to $4.1 billion in Q1 2026 per UPS's latest filing, from $4.3 billion in the prior quarter.
- Over five years, Leases peaked at $4.3 billion in Q4 2023 and troughed at $667.0 million in Q2 2024.
- A 5-year average of $3.6 billion and a median of $4.1 billion in 2023 frame the typical range for Leases.
- The sharpest annual moves came in 2024 and 2025: Leases sank 84.19% in 2024, then gained 23.84% in 2025.
- A 5-year view of Leases shows it stood at $3.8 billion in 2022, then climbed by 14.73% to $4.3 billion in 2023, then dropped by 3.69% to $4.1 billion in 2024, then advanced by 2.75% to $4.3 billion in 2025, then fell by 4.2% to $4.1 billion in 2026.
- Business Quant data shows UPS's Leases at $4.1 billion in Q1 2026, $4.3 billion in Q4 2025, and $4.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | 4.08 Bn |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | 16.39 Bn |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn | - |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn | 274.78 Mn |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | 550.16 Mn |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | 104.26 Mn |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | 347.00 Mn |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | 47.99 Mn |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | 108.41 Mn |
| 10 | Cryoport | 783.40 Mn | 379.76 Mn | 21.91 Mn | 39.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.08 Bn |
| Dec 31, 2025 | 4.26 Bn |
| Sep 30, 2025 | 4.22 Bn |
| Jun 30, 2025 | 826.00 Mn |
| Mar 31, 2025 | 4.02 Bn |
| Dec 31, 2024 | 4.15 Bn |
| Sep 30, 2024 | 4.13 Bn |
| Jun 30, 2024 | 667.00 Mn |
| Mar 31, 2024 | 4.22 Bn |
| Dec 31, 2023 | 4.31 Bn |
| Sep 30, 2023 | 4.16 Bn |
| Jun 30, 2023 | 4.22 Bn |
| Mar 31, 2023 | 4.09 Bn |
| Dec 31, 2022 | 3.76 Bn |
| Sep 30, 2022 | 3.42 Bn |
| Jun 30, 2022 | 3.44 Bn |
| Mar 31, 2022 | 3.48 Bn |
| Dec 31, 2021 | 3.56 Bn |
| Sep 30, 2021 | 3.46 Bn |
| Jun 30, 2021 | 3.57 Bn |