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Saturday 17 October 2026 Export UPS’s income statement to Excel — free account

United 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. In the quarter to June 2026, revenue grew 7.60%, EPS fell 53.0%, free cash flow grew 137.7% and total debt fell 1.03%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.

97.48 0.35 −0.36%
Market cap
$83.2B
P/E
18.1×
Fwd P/E
15.3×
Dividend yield
6.73%
F-score
6/9
Altman Z
2.90
Beneish M
−2.61
Dividend safety
36/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

United Parcel Service, Inc. (UPS) Operating margin

Alert me on Operating margin

United Parcel Service, Inc.'s operating margin over the twelve months to 30 June 2026 was 7.31%, down 1.6 percentage points from fiscal 2025 (8.87%). Over the past ten years it has ranged from 8.87% (fiscal 2025) to 13.2% (fiscal 2021) — the current reading is the lowest in ten years. That is above the Integrated Freight & Logistics industry median of 0.92% and above the Industrials sector median of 5.13%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 8.87% (0.43)
FY2024 9.30% (0.75)
FY2023 10.1% (3.00)
FY2022 13.1% (0.12)
FY2021 13.2% 4.09
FY2020 9.08% (1.44)
FY2019 10.5% 0.75
FY2018 9.77% (1.54)
FY2017 11.3% (1.17)
FY2016 12.5% (0.66)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 4.07% (1.91)
Mar 2026 5.98% (4.54)
Dec 2025 10.5% 2.10
Sep 2025 8.42% (0.17)
42 more quarters

Against its own ten years

Low 8.87% High 13.2%
Ten-year median 10.5%
Current reading's percentile 2

Operating margin against peers

Company Operating margin
PBI Pitney Bowes Inc. compare 21.2%
ZTO ZTO Express (Cayman) Inc. compare 21.0%
EXPD Expeditors International of Washington, Inc. compare 9.83%
JBHT J.B. Hunt Transport Services, Inc. compare 7.52%
UPS United Parcel Service, Inc. 7.31%
FDX FedEx Corporation compare 5.77%
CHRW C.H. Robinson Worldwide, Inc. compare 4.90%
LSTR Landstar System, Inc. compare 3.51%
GXO GXO Logistics, Inc. compare 2.40%
Integrated Freight & Logistics industry median 0.92%
Industrials sector median 5.13%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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