United Parcel Service (UPS) Payables (2009 - 2026)
United Parcel Service (UPS) recorded Payables of $6.15 billion in Q3 2026, up 6.4% from $5.78 billion a year earlier and up 2.9% from the prior quarter.
Powered by 
Analysis
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 six of the last eight quarters, with growth averaging 5.0%.
- Peak year-over-year performance for Payables in the last five years was growth of 16.5% in Q4 2021, against a decline of 15.6% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $5.98 billion (Q2 2026), $5.91 billion (Q1 2026) and $6.63 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 176.01 Bn | 168.25 Bn | - | 4.32 Bn |
| 2 | Csx | 93.62 Bn | 88.85 Bn | - | 1.14 Bn |
| 3 | United Parcel Service | 92.85 Bn | 69.67 Bn | - | 6.15 Bn |
| 4 | Canadian Pacific Kansas City | 82.31 Bn | 81.35 Bn | - | 2.21 Bn |
| 5 | Fedex | 74.59 Bn | 40.78 Bn | - | 5.71 Bn |
| 6 | Norfolk Southern | 72.94 Bn | 67.40 Bn | - | 2.06 Bn |
| 7 | Delta Air Lines | 59.87 Bn | 42.05 Bn | - | 7.70 Bn |
| 8 | United Airlines Holdings | 39.08 Bn | -18.61 Bn | - | 5.40 Bn |
| 9 | Old Dominion Freight Line | 34.91 Bn | 33.76 Bn | - | 88.46 Mn |
| 10 | Ryanair Holdings | 32.51 Bn | -871.89 Mn | - | 698.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.15 Bn |
| 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 |
API Access
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_KEYimport 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();