United Parcel Service (UPS) Payables (2009 - 2026)
United Parcel Service's (UPS) quarterly Payables came in at $6.0 billion in Q2 2026, down 1.06% year-over-year from $6.0 billion in Q2 2025, and up 1.07% quarter-over-quarter from $5.9 billion in Q1 2026.
Analysis
United Parcel Service (UPS) Payables (2009 - 2026) Analysis & Trends
United Parcel Service (UPS) has reported Payables for 18 consecutive years, with $6.0 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Payables fell 1.06% year-over-year to $6.0 billion in Q2 2026; TTM through Jun 2026 was $6.0 billion, a 1.06% decrease from a year earlier, with the FY2025 full-year figure at $6.6 billion, up 5.25% from the prior year.
- Payables was $6.0 billion for Q2 2026 at United Parcel Service, up from $5.9 billion in the prior quarter.
- Over five years, Payables peaked at $7.5 billion in Q4 2022 and troughed at $5.3 billion in Q2 2024.
- A 5-year average of $6.2 billion and a median of $6.1 billion in 2023 frame the typical range for Payables.
- Across the five-year window, Payables dropped 15.64% in 2023 and climbed 13.98% in 2025, its largest moves.
- Over 5 years, Payables stood at $7.5 billion in 2022, then declined by 15.64% to $6.3 billion in 2023, then fell by 0.6% to $6.3 billion in 2024, then rose by 5.25% to $6.6 billion in 2025, then decreased by 9.91% to $6.0 billion in 2026.
- The last three Payables figures came in at $6.0 billion (Q2 2026), $5.9 billion (Q1 2026), and $6.6 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 84.59 Bn | 79.94 Bn | 19.65 Bn | 5.98 Bn |
| 2 | Fedex | 73.62 Bn | 60.31 Bn | 18.84 Bn | 5.07 Bn |
| 3 | ZTO Express (Cayman) | 16.53 Bn | 11.93 Bn | 550.21 Mn | 477.59 Mn |
Historic Data
Download Data
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 |