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.

Revenue
+6.71%
EPS
−11.8%
Free cash flow
+33.7%
Total debt
+5.23%

Quarter to September 2026, against a year earlier

111.11 3.20 −2.80%
Market cap
$94.5B
P/E
21.3×
Fwd P/E
18.5×
Dividend yield
5.90%
F-score
6/9
Altman Z
2.90
Beneish M
−2.61
Dividend safety
36/100

United Parcel Service, Inc. (UPS) Return on invested capital

Alert me on Return on invested capital

United Parcel Service, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 11.9%, down 2.4 percentage points from fiscal 2025 (14.3%). Over the past ten years it has ranged from 14.3% (fiscal 2025) to 40.3% (fiscal 2016) — the current reading is the lowest in ten years. That is above the Integrated Freight & Logistics industry median of 0.00% and above the Industrials sector median of 1.86%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 14.3% (2.33)
FY2024 16.6% (0.47)
FY2023 17.1% (8.63)
FY2022 25.7% (5.61)
FY2021 31.3% 6.02
FY2020 25.3% 3.88
FY2019 21.4% 0.22
FY2018 21.2% (0.98)
FY2017 22.2% (18.10)
FY2016 40.3% 0.64

Against its own ten years

Low 14.3% High 40.3%
Ten-year median 22.2%
Current reading's percentile 9

Return on invested capital against peers

Company Return on invested capital
EXPD Expeditors International of Washington, Inc. compare 67.0%
LSTR Landstar System, Inc. compare 23.9%
CHRW C.H. Robinson Worldwide, Inc. compare 17.0%
ZTO ZTO Express (Cayman) Inc. compare 13.0%
JBHT J.B. Hunt Transport Services, Inc. compare 12.6%
UPS United Parcel Service, Inc. 11.9%
FDX FedEx Corporation compare 8.22%
GXO GXO Logistics, Inc. compare 3.48%
FDXF FedEx Freight Holding Company Inc. compare 0.00%
Integrated Freight & Logistics industry median 0.00%
Industrials sector median 1.86%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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