United Parcel Service (UPS) Payables (2009 - 2026)
United Parcel Service (UPS) recorded Payables of $5.98 billion in Q2 2026, down 1.1% from $6.04 billion a year earlier but up 1.1% from the prior quarter.
United Parcel Service (UPS) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, United Parcel Service reported Payables of $6.63 billion, up 5.3% from FY2024.
- Annual Payables has a five-year compound annual growth rate of 0.5% (FY2020 to FY2025).
- Across earlier years, Payables came in at $6.3 billion in FY2024 (-0.6%), $6.34 billion in FY2023 (-15.6%), $7.52 billion in FY2022 (-0.1%) and $7.52 billion in FY2021 (+16.5%).
- Quarterly Payables has ranged from $5.3 billion in Q2 2024 to $7.52 billion in Q4 2021 over the past five years.
- On a year-over-year basis, Payables rose in five of the last eight quarters, with growth averaging 3.1%.
- Peak year-over-year performance for Payables in the last five years was growth of 16.5% in Q4 2021, against a decline of 19.3% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $5.91 billion (Q1 2026), $6.63 billion (Q4 2025) and $5.78 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 4.32 Bn |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 1.11 Bn |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | 2.11 Bn |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | 5.98 Bn |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | 1.78 Bn |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | 5.07 Bn |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | 7.84 Bn |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | 80.99 Mn |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | 828.76 Mn |
| 10 | Copart | 25.14 Bn | 9.56 Bn | 645.66 Mn | 634.68 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.98 Bn |
| Mar 31, 2026 | 5.91 Bn |
| Dec 31, 2025 | 6.63 Bn |
| Sep 30, 2025 | 5.78 Bn |
| Jun 30, 2025 | 6.04 Bn |
| Mar 31, 2025 | 5.45 Bn |
| Dec 31, 2024 | 6.30 Bn |
| Sep 30, 2024 | 5.41 Bn |
| Jun 30, 2024 | 5.30 Bn |
| Mar 31, 2024 | 5.40 Bn |
| Dec 31, 2023 | 6.34 Bn |
| Sep 30, 2023 | 5.97 Bn |
| Jun 30, 2023 | 6.09 Bn |
| Mar 31, 2023 | 6.30 Bn |
| Dec 31, 2022 | 7.52 Bn |
| Sep 30, 2022 | 6.73 Bn |
| Jun 30, 2022 | 7.17 Bn |
| Mar 31, 2022 | 7.04 Bn |
| Dec 31, 2021 | 7.52 Bn |
| Sep 30, 2021 | 6.45 Bn |
United Parcel Service Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=UPS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "UPS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=UPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();