United Parcel Service (UPS) Payables (2009 - 2026)
United Parcel Service (UPS) posted quarterly Payables of $5.9 billion for Q1 2026, up 8.42% year-over-year from $5.5 billion in Q1 2025, and down 10.85% quarter-over-quarter from $6.6 billion in Q4 2025.
United Parcel Service (UPS) Payables (2009 - 2026) Analysis & Trends
United Parcel Service (UPS) has reported Payables for 18 consecutive years, with $5.9 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Payables rose 8.42% year-over-year to $5.9 billion; the TTM figure through Mar 2026 stood at $5.9 billion (up 8.42% YoY), while the FY2025 annual figure was $6.6 billion, up 5.25% from the prior year.
- Payables declined to $5.9 billion in Q1 2026 per UPS's latest filing, from $6.6 billion in the prior quarter.
- Across five years, Payables topped out at $7.5 billion in Q4 2022 and bottomed at $5.3 billion in Q2 2024.
- Historically, Payables has averaged $6.2 billion across 5 years, with a median of $6.1 billion in 2023.
- Annual changes were most pronounced in 2023 — Payables declined 15.64% — and 2025, when it grew 13.98%.
- United Parcel Service's Payables stood at $7.5 billion in 2022, then retreated by 15.64% to $6.3 billion in 2023, then decreased by 0.6% to $6.3 billion in 2024, then advanced by 5.25% to $6.6 billion in 2025, then declined by 10.85% to $5.9 billion in 2026.
- Business Quant data shows UPS's Payables at $5.9 billion in Q1 2026, $6.6 billion in Q4 2025, and $5.8 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 87.24 Bn | 82.59 Bn | 19.65 Bn | 5.98 Bn |
| 2 | Fedex | 77.35 Bn | 64.04 Bn | 18.84 Bn | 5.07 Bn |
| 3 | Hunt J B Transport Services | 25.86 Bn | 25.86 Bn | - | 792.35 Mn |
| 4 | Expeditors International Of Washington | 24.43 Bn | 23.40 Bn | 1.09 Bn | 1.47 Bn |
| 5 | C. H. Robinson Worldwide | 17.04 Bn | 16.89 Bn | 1.11 Bn | 1.66 Bn |
| 6 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn | 663.76 Mn |
| 7 | Landstar System | 6.19 Bn | 5.84 Bn | 308.86 Mn | 540.63 Mn |
| 8 | GXO Logistics | 5.22 Bn | 4.45 Bn | 508.00 Mn | 707.00 Mn |
| 9 | Pitney Bowes | 2.21 Bn | 1.93 Bn | 296.14 Mn | 743.25 Mn |
| 10 | Cryoport | 842.14 Mn | 445.45 Mn | 22.82 Mn | 16.41 Mn |
Historic Data
Download 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 |