United Parcel Service (UPS) Net Margin (2009 - 2026)

United Parcel Service (UPS) reported Net Margin of 4.08% for Q1 2026, down 143.0% year-over-year from 9.48% in Q1 2025, and down 44.3% quarter-over-quarter from 7.32% in Q4 2025.

United Parcel Service (UPS) Net Margin (2009 - 2026) Analysis & Trends

United Parcel Service (UPS) has 18 years of Net Margin data on file, last reported at 4.08% in Q1 2026.

  • Net Margin for Q1 2026 came in at 4.08%, down 143.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 5.94% (down 50.0% YoY), and the FY2025 annual result was 6.28%, down 6.0% from the prior year.
  • Net Margin fell to 4.08% in Q1 2026 per UPS's latest filing, from 7.32% in the prior quarter.
  • Over five years, Net Margin peaked at 12.77% in Q4 2022 and troughed at 4.08% in Q1 2026.
  • A 5-year average of 7.63% and a median of 6.8% in 2024 frame the typical range for Net Margin.
  • On a YoY basis, Net Margin climbed as much as 164 bps in 2022 and fell as far as 995 bps in 2022.
  • A 5-year view of Net Margin shows it stood at 12.77% in 2022, then sank by 50 bps to 6.44% in 2023, then grew by 6 bps to 6.8% in 2024, then climbed by 8 bps to 7.32% in 2025, then tumbled by 44 bps to 4.08% in 2026.
  • Business Quant data shows UPS's Net Margin at 4.08% in Q1 2026, 7.32% in Q4 2025, and 6.12% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn 4.08%
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn 4.40%
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn 4.63%
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 3.67%
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn -12.71%
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn 3.37%
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn 0.15%
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn 15.95%
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn 12.18%
10 Cryoport 783.40 Mn 379.76 Mn 21.91 Mn -26.24%

Historic Data

Download Data
DateValue
Mar 31, 2026 4.08%
Dec 31, 2025 7.32%
Sep 30, 2025 6.12%
Jun 30, 2025 6.05%
Mar 31, 2025 5.51%
Dec 31, 2024 6.80%
Sep 30, 2024 6.92%
Jun 30, 2024 6.46%
Mar 31, 2024 5.13%
Dec 31, 2023 6.44%
Sep 30, 2023 5.35%
Jun 30, 2023 9.44%
Mar 31, 2023 8.27%
Dec 31, 2022 12.77%
Sep 30, 2022 10.69%
Jun 30, 2022 11.50%
Mar 31, 2022 10.92%
Dec 31, 2021 11.14%
Sep 30, 2021 10.05%
Jun 30, 2021 11.35%