KPIs & Operating Metrics(New)
Growth Metrics

United Parcel Service (UPS) Net Margin (2016 - 2026)

United Parcel Service has reported Net Margin over the past 17 years, most recently at 7.32% for Q4 2025.

  • Quarterly Net Margin rose 51.0% to 7.32% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 6.28% through Dec 2025, down 6.0% year-over-year, with the annual reading at 6.28% for FY2025, 6.0% down from the prior year.
  • Net Margin was 7.32% for Q4 2025 at United Parcel Service, up from 6.12% in the prior quarter.
  • Over five years, Net Margin peaked at 20.87% in Q1 2021 and troughed at 5.13% in Q1 2024.
  • The 5-year median for Net Margin is 7.79% (2023), against an average of 8.95%.
  • Year-over-year, Net Margin surged 2463bps in 2021 and then plummeted -995bps in 2022.
  • A 5-year view of Net Margin shows it stood at 11.14% in 2021, then rose by 15bps to 12.77% in 2022, then crashed by -50bps to 6.44% in 2023, then grew by 6bps to 6.8% in 2024, then rose by 8bps to 7.32% in 2025.
  • Per Business Quant, the three most recent readings for UPS's Net Margin are 7.32% (Q4 2025), 6.12% (Q3 2025), and 6.05% (Q2 2025).