United Parcel Service (UPS) Operating Leases (2019 - 2026)

United Parcel Service (UPS) has 8 years of Operating Leases data on file, last reported at $3.5 billion in Q1 2026.

• Operating Leases for Q1 2026 came in at $3.5 billion, down 16.36% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.5 billion (down 16.36% YoY), and the FY2025 annual result was $3.7 billion, down 15.29% from the prior year.
• Operating Leases fell to $3.5 billion in Q1 2026 per UPS's latest filing, from $3.7 billion in the prior quarter.
• Over five years, Operating Leases peaked at $4.5 billion in Q4 2023 and troughed at $3.0 billion in Q3 2022.
• A 5-year average of $3.8 billion and a median of $3.7 billion in 2023 frame the typical range for Operating Leases.
• The sharpest annual moves came in 2023 and 2025: Operating Leases surged 37.89% in 2023, then retreated 18.83% in 2025.
• A 5-year view of Operating Leases shows it stood at $3.2 billion in 2022, then jumped by 37.89% to $4.5 billion in 2023, then decreased by 2.17% to $4.4 billion in 2024, then retreated by 15.29% to $3.7 billion in 2025, then fell by 4.49% to $3.5 billion in 2026.
• Business Quant data shows UPS's Operating Leases at $3.5 billion in Q1 2026, $3.7 billion in Q4 2025, and $4.4 billion in Q3 2025.