United Parcel Service, Inc. UPS

93.96 1.91 2.07% as of 25 Sep
Market cap
$78.7B
P/E
17.4×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

United Parcel Service, Inc. (UPS) Debt to equity

United Parcel Service, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 1.6×, up 0.1× from fiscal 2025 (1.5×). Over the past ten years it has ranged from 1.0× (fiscal 2022) to 37.5× (fiscal 2016); the current reading is higher than 36% of that period. That is above the Integrated Freight & Logistics industry median of 0.1× and above the Industrials sector median of 0.3×.

Debt to equity, annual

Annual

Period Debt to equity Change
FY2025 1.5× 16.76%
FY2024 1.3× (1.14%)
FY2023 1.3× 29.51%
FY2022 1.0× (35.35%)
FY2021 1.5× (95.83%)
FY2020 36.9× 379.38%
FY2019 7.7× 2.69%
FY2018 7.5× (68.44%)
FY2017 23.7× (36.70%)
FY2016 37.5× 551.18%

Quarterly

Period Debt to equity Change
Jun 2026 1.6× 5.01%
Mar 2026 1.5× 4.04%
Dec 2025 1.5× (5.08%)
Sep 2025 1.6× (0.28%)
42 more quarters

Against its own ten years

Low 1.0× High 37.5×
Ten-year median 5.8×
Current reading's percentile 36

Debt to equity against peers

Company Debt to equity
PBI Pitney Bowes Inc. compare −2.4×
EXPD Expeditors International of Washington, Inc. compare 0.0×
LSTR Landstar System, Inc. compare 0.1×
JBHT J.B. Hunt Transport Services, Inc. compare 0.3×
ZTO ZTO Express (Cayman) Inc. compare 0.3×
FDX FedEx Corporation compare 0.8×
CHRW C.H. Robinson Worldwide, Inc. compare 1.0×
GXO GXO Logistics, Inc. compare 1.1×
UPS United Parcel Service, Inc. 1.6×
Integrated Freight & Logistics industry median 0.1×
Industrials sector median 0.3×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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