United Parcel Service (UPS) Tax Rate (2009 - 2026)

United Parcel Service (UPS) has 18 years of Tax Rate data on file, last reported at 23.13% in Q1 2026.

• Tax Rate for Q1 2026 came in at 23.13%, up 107.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.41% (up 124.0% YoY), and the FY2025 annual result was 22.22%, down 8.0% from the prior year.
• Tax Rate declined to 23.13% in Q1 2026 per UPS's latest filing, from 24.49% in the prior quarter.
• Over five years, Tax Rate peaked at 27.54% in Q1 2024 and troughed at 11.12% in Q3 2023.
• A 5-year average of 21.84% and a median of 22.7% in 2022 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 983 bps in 2023, then jumped 830 bps in 2024.
• A 5-year view of Tax Rate shows it stood at 22.7% in 2022, then slipped by 2 bps to 22.2% in 2023, then decreased by 14 bps to 19.09% in 2024, then gained by 28 bps to 24.49% in 2025, then dropped by 6 bps to 23.13% in 2026.
• Business Quant data shows UPS's Tax Rate at 23.13% in Q1 2026, 24.49% in Q4 2025, and 18.42% in Q3 2025.