stockrowUnited Parcel Service, Inc.
UPS Industrials Integrated Freight & Logistics
United Parcel Service, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $88.7 billion, down 2.65% from fiscal 2024.
- Revenue
- +6.71%
- EPS
- −11.8%
- Free cash flow
- +33.7%
- Total debt
- +5.23%
Quarter to September 2026, against a year earlier
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United Parcel Service, Inc. (UPS) Gross margin
United Parcel Service, Inc.'s gross margin over the twelve months to 30 September 2026 was 77.3%, down 2.4 percentage points from fiscal 2025 (79.7%). Over the past ten years it has ranged from 73.5% (fiscal 2022) to 79.7% (fiscal 2025) — the current reading is the highest in ten years. That is above the Integrated Freight & Logistics industry median of 25.1% and above the Industrials sector median of 30.6%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 79.7% | 2.63 |
| FY2024 | 77.1% | 0.41 |
| FY2023 | 76.7% | 3.13 |
| FY2022 | 73.5% | (0.07) |
| FY2021 | 73.6% | (2.09) |
| FY2020 | 75.7% | (0.41) |
| FY2019 | 76.1% | 1.93 |
| FY2018 | 74.2% | (1.83) |
| FY2017 | 76.0% | (2.08) |
| FY2016 | 78.1% | (1.50) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 75.4% | 0.21 |
| Jun 2026 | 75.2% | (2.96) |
| Mar 2026 | 78.1% | (2.19) |
| Dec 2025 | 80.3% | 0.56 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| UPS United Parcel Service, Inc. | 77.3% |
| FDX FedEx Corporation compare | 69.5% |
| JBHT J.B. Hunt Transport Services, Inc. compare | 42.8% |
| EXPD Expeditors International of Washington, Inc. compare | 31.7% |
| ZTO ZTO Express (Cayman) Inc. compare | 25.1% |
| LSTR Landstar System, Inc. compare | 22.2% |
| CHRW C.H. Robinson Worldwide, Inc. compare | 15.7% |
| GXO GXO Logistics, Inc. compare | 15.0% |
| FDXF FedEx Freight Holding Company Inc. compare | — |
| Integrated Freight & Logistics industry median | 25.1% |
| Industrials sector median | 30.6% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
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