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

United Parcel Service has reported Operating Leases over the past 7 years, most recently at $3.7 billion for Q4 2025.

  • Quarterly Operating Leases rose 1.79% to $3.7 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $3.7 billion through Dec 2025, up 1.79% year-over-year, with the annual reading at $3.7 billion for FY2025, 1.79% up from the prior year.
  • Operating Leases was $3.7 billion for Q4 2025 at United Parcel Service, down from $4.4 billion in the prior quarter.
  • Over five years, Operating Leases peaked at $4.4 billion in Q3 2025 and troughed at $2.5 billion in Q1 2021.
  • The 5-year median for Operating Leases is $3.7 billion (2023), against an average of $3.6 billion.
  • Year-over-year, Operating Leases skyrocketed 45.92% in 2021 and then decreased 17.58% in 2022.
  • A 5-year view of Operating Leases shows it stood at $3.6 billion in 2021, then increased by 6.81% to $3.9 billion in 2022, then fell by 2.67% to $3.8 billion in 2023, then dropped by 3.22% to $3.6 billion in 2024, then increased by 1.79% to $3.7 billion in 2025.
  • Per Business Quant, the three most recent readings for UPS's Operating Leases are $3.7 billion (Q4 2025), $4.4 billion (Q3 2025), and $4.2 billion (Q2 2025).