United Parcel Service (UPS) Return on Capital Employed (2009 - 2026)
United Parcel Service (UPS) reported Return on Capital Employed of 12.93% for Q1 2026, down 297.0% year-over-year from 6.56% in Q1 2025, and down 6.97% quarter-over-quarter from 13.89% in Q4 2025.
United Parcel Service (UPS) Return on Capital Employed (2009 - 2026) Analysis & Trends
United Parcel Service (UPS) has 18 years of Return on Capital Employed data on file, last reported at 12.93% in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 12.93%, down 297.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.93% (down 297.0% YoY), and the FY2025 annual result was 14.06%, down 162.0% from the prior year.
- Return on Capital Employed eased to 12.93% in Q1 2026 per UPS's latest filing, from 13.89% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 26.45% in Q3 2022 and troughed at 12.93% in Q1 2026.
- A 5-year average of 18.41% and a median of 16.06% in 2024 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2023: Return on Capital Employed soared 498 bps in 2022, then sank 836 bps in 2023.
- A 5-year view of Return on Capital Employed shows it stood at 25.09% in 2022, then slumped by 31 bps to 17.28% in 2023, then slipped by 7 bps to 16.06% in 2024, then retreated by 13 bps to 13.89% in 2025, then decreased by 7 bps to 12.93% in 2026.
- Business Quant data shows UPS's Return on Capital Employed at 12.93% in Q1 2026, 13.89% in Q4 2025, and 14.52% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | 12.93% |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | 7.64% |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn | 13.61% |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn | 24.42% |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | 8.31% |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | 16.73% |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | 4.02% |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | 14.91% |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | -25.32% |
| 10 | Cryoport | 783.40 Mn | 379.76 Mn | 21.91 Mn | -1.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.93% |
| Dec 31, 2025 | 13.89% |
| Sep 30, 2025 | 14.52% |
| Jun 30, 2025 | 15.15% |
| Mar 31, 2025 | 15.90% |
| Dec 31, 2024 | 16.06% |
| Sep 30, 2024 | 14.92% |
| Jun 30, 2024 | 13.80% |
| Mar 31, 2024 | 15.06% |
| Dec 31, 2023 | 17.28% |
| Sep 30, 2023 | 18.09% |
| Jun 30, 2023 | 20.55% |
| Mar 31, 2023 | 22.36% |
| Dec 31, 2022 | 25.09% |
| Sep 30, 2022 | 26.45% |
| Jun 30, 2022 | 25.72% |
| Mar 31, 2022 | 25.13% |
| Dec 31, 2021 | 25.62% |
| Sep 30, 2021 | 21.99% |
| Jun 30, 2021 | 21.57% |