COVERAGE / UPS / Industrials

UNITED PARCEL SERVICE INC

Trucking & Courier Services (No Air)

COVERAGE STATUSACTIVE

DATA THROUGH2025-12-31

RESEARCH REPORTS1

SELECTED FILINGS0

Fundamental matrix

Latest / 2025-12-31 · Prior / 2024-12-31 · USD · Annual periods

Revenue

$88.66bn

Prior / $91.07bn

Change / -2.65%

SOURCE / 2026-02-17

Operating income

$7.87bn

Prior / $8.47bn

Change / -7.10%

SOURCE / 2026-02-17

Net income

$5.57bn

Prior / $5.78bn

Change / -3.63%

SOURCE / 2026-02-17

Diluted EPS

$6.56

Prior / $6.75

Change / -2.81%

SOURCE / 2026-02-17

Free cash flow

$4.77bn

Prior / $6.21bn

Change / -23.31%

SOURCE / 2026-02-17

Gross margin

Not available

Prior / Not available

Change / Unavailable

SOURCE / Not available

Operating margin

8.87%

Prior / 9.30%

Change / -0.43 pp

SOURCE / 2026-02-17

Return on avg. equity

33.83%

Prior / 33.99%

Change / -0.16 pp

SOURCE / 2026-02-17

Debt / equity

Not available

Prior / Not available

Change / Unavailable

SOURCE / Not available

ROE uses net income divided by average opening/closing equity. FCF = operating cash flow − selected capital expenditure. Debt/equity is unavailable because a verified interest-bearing-debt series is absent; total liabilities are not substituted for debt.

Inspect source tags, dates and accession numbers

{
  "revenue": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 88661000000,
    "accn": "0001628280-26-008432",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "frame": "CY2025",
    "tag": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax",
    "unit": "USD"
  },
  "netIncome": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 5572000000,
    "accn": "0001628280-26-008432",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "frame": "CY2025",
    "tag": "us-gaap:NetIncomeLoss",
    "unit": "USD"
  },
  "operatingIncome": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 7867000000,
    "accn": "0001628280-26-008432",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "frame": "CY2025",
    "tag": "us-gaap:OperatingIncomeLoss",
    "unit": "USD"
  },
  "eps": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 6.56,
    "accn": "0001628280-26-008432",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "frame": "CY2025",
    "tag": "us-gaap:EarningsPerShareDiluted",
    "unit": "USD/shares"
  },
  "operatingCashFlow": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 8450000000,
    "accn": "0001628280-26-008432",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "frame": "CY2025",
    "tag": "us-gaap:NetCashProvidedByUsedInOperatingActivities",
    "unit": "USD"
  },
  "capex": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 3685000000,
    "accn": "0001628280-26-008432",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "frame": "CY2025",
    "tag": "us-gaap:PaymentsToAcquirePropertyPlantAndEquipment",
    "unit": "USD"
  },
  "totalAssets": {
    "end": "2025-12-31",
    "val": 73090000000,
    "accn": "0001628280-26-008432",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "tag": "us-gaap:Assets",
    "unit": "USD"
  },
  "shareholdersEquity": {
    "end": "2025-12-31",
    "val": 16227000000,
    "accn": "0001628280-26-008432",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "tag": "us-gaap:StockholdersEquity",
    "unit": "USD"
  },
  "currentAssets": {
    "end": "2025-12-31",
    "val": 19045000000,
    "accn": "0001628280-26-008432",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "tag": "us-gaap:AssetsCurrent",
    "unit": "USD"
  },
  "currentLiabilities": {
    "end": "2025-12-31",
    "val": 15620000000,
    "accn": "0001628280-26-008432",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "tag": "us-gaap:LiabilitiesCurrent",
    "unit": "USD"
  }
}

Financial trend system

Annual financial trends are summarized in the accessible table below.

Annual figures / accessible table

Period end	Revenue	Net income	Free cash flow	EPS
2025-12-31	$88.66bn	$5.57bn	$4.77bn	$6.56
2024-12-31	$91.07bn	$5.78bn	$6.21bn	$6.75
2023-12-31	$90.96bn	$6.71bn	$5.08bn	$7.80
2022-12-31	$100.34bn	$11.55bn	$9.34bn	$13.20

Valuation context

Historical snapshot / 2026-09-17. Annual accounting period / 2025-12-31. Not current, TTM or forward valuation.

Dated ratios / eligible same-method sector sample
Measure	Snapshot value	Historical median	Sector median	Peer count
P/E	15.27x	Unavailable	37.06x	11
P/S	Unavailable	Unavailable	4.74x	8
P/B	Unavailable	Unavailable	7.57x	7
EV / EBITDA	Unavailable	Unavailable	Unavailable	0
FCF yield	Unavailable	Unavailable	3.29%	6

Annual denominators, not TTM or forward. Capitalization-based measures use estimated market capitalization from the dated quote snapshot. ADR/share-basis uncertainty is excluded. No comparable historical-multiple series or EV/EBITDA is available. Sector samples are equal-weight medians of this publication’s eligible covered companies; fiscal periods differ. No fair value or price target is implied.

Source: Yahoo Finance completed daily-bar snapshot; not live DAILY-BAR SOURCE ↗

Retained price snapshot and capitalization estimate

{
  "currentPrice": 100.17,
  "tradingDate": "2026-09-17",
  "marketCap": null,
  "source": "Yahoo Finance completed daily-bar snapshot; not live"
}

Company & operating context

UNITED PARCEL SERVICE INC is an SEC-reporting issuer listed on NYSE under UPS. Its SEC industry description is Trucking & Courier Services (No Air). This profile organizes annual financial disclosures for research; sector labels are editorial groupings, not GICS classifications.

Equipment manufacturers, transport operators and industrial service providers face differing order and asset cycles.

Segment-level revenue is not included in this standardized dataset. Consult the business and segment notes in the linked annual filing for the issuer’s actual reporting segments.

Filing timeline

No reading guide selected for this issuer. Annual sources remain linked below.

Research archive

HR-0147UPSCompany Research

UPS: reading the FY2025 financial structure ↗

UNITED PARCEL SERVICE INC

Research abstract

Annual revenue of USD 88.661 billion and net income of USD 5.572 billion for the period ended 2025-12-31.

DATA THROUGH2025-12-312 MIN READPUBLISHED 2026-09-26

Sector context & risk factors

Order cancellations, supply constraints, execution risk, labor costs and capital-cycle sensitivity.

Backlog conversion, utilization, deliveries, working capital and service revenue.

INDUSTRIALS SYSTEM ↗

Sources & dates

SEC annual filing · 2025-12-31 ↗Source date 2026-02-17
SEC annual filing · 2024-12-31 ↗Source date 2026-02-17
SEC annual filing · 2023-12-31 ↗Source date 2026-02-17
SEC annual filing · 2022-12-31 ↗Source date 2025-02-18
SEC issuer record ↗Source date 2026-09-18