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United Parcel Service (UPS) Operating Leases (2019 - 2025)

United Parcel Service (UPS) has disclosed Operating Leases for 7 consecutive years, with $3.7 billion as the latest value 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 for Q4 2025 was $3.7 billion at United Parcel Service, down from $4.4 billion in the prior quarter.
  • The five-year high for Operating Leases was $4.4 billion in Q3 2025, with the low at $2.5 billion in Q1 2021.
  • Average Operating Leases over 5 years is $3.6 billion, with a median of $3.7 billion recorded in 2023.
  • The sharpest move saw Operating Leases surged 45.92% in 2021, then fell 17.58% in 2022.
  • Over 5 years, Operating Leases stood at $3.6 billion in 2021, then grew by 6.81% to $3.9 billion in 2022, then decreased by 2.67% to $3.8 billion in 2023, then fell by 3.22% to $3.6 billion in 2024, then grew by 1.79% to $3.7 billion in 2025.
  • According to Business Quant data, Operating Leases over the past three periods came in at $3.7 billion, $4.4 billion, and $4.2 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.