United Parcel Service (UPS) Return on Capital Employed (2009 - 2026)
United Parcel Service (UPS) posted quarterly 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 reported Return on Capital Employed for 18 consecutive years, with 12.93% the latest figure, recorded in Q1 2026.
- In Q1 2026, Return on Capital Employed fell 297.0% year-over-year to 12.93%; the TTM figure through Mar 2026 stood at 12.93% (down 297.0% YoY), while the FY2025 annual figure was 14.06%, down 162.0% from the prior year.
- Return on Capital Employed retreated to 12.93% in Q1 2026 per UPS's latest filing, from 13.89% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 26.45% in Q3 2022 and bottomed at 12.93% in Q1 2026.
- Historically, Return on Capital Employed has averaged 18.41% across 5 years, with a median of 16.06% in 2024.
- Annual changes were most pronounced in 2022 — Return on Capital Employed soared 498 bps — and 2023, when it sank 836 bps.
- United Parcel Service's Return on Capital Employed stood at 25.09% in 2022, then tumbled by 31 bps to 17.28% in 2023, then dropped by 7 bps to 16.06% in 2024, then decreased by 13 bps to 13.89% in 2025, then slipped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 86.94 Bn | 82.29 Bn | 19.65 Bn | 11.61% |
| 2 | Fedex | 77.45 Bn | 64.14 Bn | 18.84 Bn | 7.01% |
| 3 | Hunt J B Transport Services | 25.88 Bn | 25.88 Bn | - | 14.72% |
| 4 | Expeditors International Of Washington | 24.63 Bn | 23.60 Bn | 1.09 Bn | 46.29% |
| 5 | ZTO Express (Cayman) | 17.09 Bn | 12.68 Bn | 469.01 Mn | 14.91% |
| 6 | C. H. Robinson Worldwide | 16.96 Bn | 16.81 Bn | 1.11 Bn | 25.35% |
| 7 | Landstar System | 6.26 Bn | 5.91 Bn | 308.86 Mn | 18.49% |
| 8 | GXO Logistics | 5.23 Bn | 4.47 Bn | 508.00 Mn | 4.02% |
| 9 | Pitney Bowes | 2.22 Bn | 1.94 Bn | 296.14 Mn | -49.61% |
| 10 | Cryoport | 846.18 Mn | 449.48 Mn | 22.82 Mn | -7.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.61% |
| 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% |