United Parcel Service (UPS) Times Interest Earned (2009 - 2026)
United Parcel Service's (UPS) Times Interest Earned was 3.42 for Q2 2026, down 55.3% from 7.66 a year earlier and down 28.2% from the prior quarter.
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Analysis
United Parcel Service (UPS) Times Interest Earned (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, United Parcel Service's Times Interest Earned came in at 6.01, down 34.3% year-over-year; for FY2025, it came in at 7.74, down 20.9% from FY2024.
- Times Interest Earned has declined for three consecutive years.
- By year, Times Interest Earned came in at 9.78 in FY2024 (-15.8%), 11.61 in FY2023 (-37.6%), 18.60 in FY2022 (+0.8%) and 18.46 in FY2021 (+68.4%).
- The Q2 2026 figure ranks as the lowest quarterly Times Interest Earned since Q4 2016.
- Year over year, Times Interest Earned has now declined in each of the last six quarters, with an average decline of 16.8% over the last eight quarters.
- The high point for year-over-year Times Interest Earned in five years was Q4 2021 (growth of 93.2%); the low point was Q3 2023 (a decline of 61.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.76 (Q1 2026), 9.68 (Q4 2025) and 6.20 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 8.83 |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 7.14 |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | - |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | 3.42 |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | 5.71 |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | - |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | 6,122.38 |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | 38.62 |
| 10 | Copart | 25.14 Bn | 9.56 Bn | 645.66 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.42 |
| Mar 31, 2026 | 4.76 |
| Dec 31, 2025 | 9.68 |
| Sep 30, 2025 | 6.20 |
| Jun 30, 2025 | 7.66 |
| Mar 31, 2025 | 7.50 |
| Dec 31, 2024 | 12.78 |
| Sep 30, 2024 | 8.63 |
| Jun 30, 2024 | 9.17 |
| Mar 31, 2024 | 8.27 |
| Dec 31, 2023 | 11.85 |
| Sep 30, 2023 | 6.75 |
| Jun 30, 2023 | 14.55 |
| Mar 31, 2023 | 13.52 |
| Dec 31, 2022 | 17.55 |
| Sep 30, 2022 | 17.59 |
| Jun 30, 2022 | 20.67 |
| Mar 31, 2022 | 18.68 |
| Dec 31, 2021 | 22.49 |
| Sep 30, 2021 | 16.36 |
API Access
United Parcel Service Times Interest Earned 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=times-interest-earned&ticker=UPS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=UPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();