UNITED PARCEL SERVICE INC
UPS Industrials · TransportationEach grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-06-30.
▲+7 over range · as of 2026-06-30
Revenue +7.6% YoY, earnings -52.9% YoY · sector avg 71
▼−9 over range · as of 2026-06-30
2.6% net margin, 30% return on equity, 6% free-cash-flow margin, profitable in 8 of last 8 quarters · sector avg 49
▼−19 over range · as of 2026-06-30
Net debt 1.9x EBITDA, 3x interest coverage, 1.2x current ratio · sector avg 68
Latest quarter · ending 2026-06-30 · green = improving · click a row to chart it
Revenue $22.8B +7.7% Gross margin — — Operating margin 4.1% −1.9pp Net margin 2.6% −1.4pp Net income $604.0M −30.1%Filings
18-09 → 26-06 · following the period bar 8 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2026 | 10-Q Q1 2026 | 10-Q Q2 2026 | no filing | no filing |
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025 |
| 2024 | 10-Q Q1 2024 | 10-Q Q2 2024 | 10-Q Q3 2024 | 10-K FY 2024 |
| 2023 | 10-Q Q1 2023 | 10-Q Q2 2023 | 10-Q Q3 2023 | 10-K FY 2023 |
| 2022 | 10-Q Q1 2022 | 10-Q Q2 2022 | 10-Q Q3 2022 | 10-K FY 2022 |
| 2021 | 10-Q Q1 2021 | 10-Q Q2 2021 | 10-Q Q3 2021 | 10-K FY 2021 |
| 2020 | 10-Q Q1 2020 | 10-Q Q2 2020 | 10-Q Q3 2020 | 10-K FY 2020 |
| 2019 | no filing | no filing | 10-Q Q3 2019 | 10-K FY 2019 |
Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
| Period | Period end | Revenue |
|---|---|---|
| 18-09 | 2018-09-30 | $17.4B |
| 18-12 | 2018-12-31 | $19.8B |
| 19-03 | 2019-03-31 | $17.2B |
| 19-06 | 2019-06-30 | $18.0B |
| 19-09 | 2019-09-30 | $18.3B |
| 19-12 | 2019-12-31 | $20.6B |
| 20-03 | 2020-03-31 | $18.0B |
| 20-06 | 2020-06-30 | $20.5B |
| 20-09 | 2020-09-30 | $21.2B |
| 20-12 | 2020-12-31 | $24.9B |
| 21-03 | 2021-03-31 | $22.9B |
| 21-06 | 2021-06-30 | $23.4B |
| 21-09 | 2021-09-30 | $23.2B |
| 21-12 | 2021-12-31 | $27.8B |
| 22-03 | 2022-03-31 | $24.4B |
| 22-06 | 2022-06-30 | $24.8B |
| 22-09 | 2022-09-30 | $24.2B |
| 22-12 | 2022-12-31 | $27.0B |
| 23-03 | 2023-03-31 | $22.9B |
| 23-06 | 2023-06-30 | $22.1B |
| 23-09 | 2023-09-30 | $21.1B |
| 23-12 | 2023-12-31 | $24.9B |
| 24-03 | 2024-03-31 | $21.7B |
| 24-06 | 2024-06-30 | $21.8B |
| 24-09 | 2024-09-30 | $22.2B |
| 24-12 | 2024-12-31 | $25.3B |
| 25-03 | 2025-03-31 | $21.5B |
| 25-06 | 2025-06-30 | $21.2B |
| 25-09 | 2025-09-30 | $21.4B |
| 25-12 | 2025-12-31 | $24.5B |
| 26-03 | 2026-03-31 | $21.2B |
| 26-06 | 2026-06-30 | $22.8B |
| Period | Period end | Net income |
|---|---|---|
| 18-09 | 2018-09-30 | $1.5B |
| 18-12 | 2018-12-31 | $453.0M |
| 19-03 | 2019-03-31 | $1.1B |
| 19-06 | 2019-06-30 | $1.7B |
| 19-09 | 2019-09-30 | $1.8B |
| 19-12 | 2019-12-31 | -$106.0M |
| 20-03 | 2020-03-31 | $965.0M |
| 20-06 | 2020-06-30 | $1.8B |
| 20-09 | 2020-09-30 | $2.0B |
| 20-12 | 2020-12-31 | -$3.3B |
| 21-03 | 2021-03-31 | $4.8B |
| 21-06 | 2021-06-30 | $2.7B |
| 21-09 | 2021-09-30 | $2.3B |
| 21-12 | 2021-12-31 | $3.1B |
| 22-03 | 2022-03-31 | $2.7B |
| 22-06 | 2022-06-30 | $2.8B |
| 22-09 | 2022-09-30 | $2.6B |
| 22-12 | 2022-12-31 | $3.5B |
| 23-03 | 2023-03-31 | $1.9B |
| 23-06 | 2023-06-30 | $2.1B |
| 23-09 | 2023-09-30 | $1.1B |
| 23-12 | 2023-12-31 | $1.6B |
| 24-03 | 2024-03-31 | $1.1B |
| 24-06 | 2024-06-30 | $1.4B |
| 24-09 | 2024-09-30 | $1.5B |
| 24-12 | 2024-12-31 | $1.7B |
| 25-03 | 2025-03-31 | $1.2B |
| 25-06 | 2025-06-30 | $1.3B |
| 25-09 | 2025-09-30 | $1.3B |
| 25-12 | 2025-12-31 | $1.8B |
| 26-03 | 2026-03-31 | $864.0M |
| 26-06 | 2026-06-30 | $604.0M |
| Period | Period end | Operating income |
|---|---|---|
| 18-09 | 2018-09-30 | $1.7B |
| 18-12 | 2018-12-31 | $2.0B |
| 19-03 | 2019-03-31 | $1.4B |
| 19-06 | 2019-06-30 | $2.1B |
| 19-09 | 2019-09-30 | $2.1B |
| 19-12 | 2019-12-31 | $2.1B |
| 20-03 | 2020-03-31 | $1.1B |
| 20-06 | 2020-06-30 | $2.2B |
| 20-09 | 2020-09-30 | $2.4B |
| 20-12 | 2020-12-31 | $2.0B |
| 21-03 | 2021-03-31 | $2.8B |
| 21-06 | 2021-06-30 | $3.3B |
| 21-09 | 2021-09-30 | $2.9B |
| 21-12 | 2021-12-31 | $3.9B |
| 22-03 | 2022-03-31 | $3.3B |
| 22-06 | 2022-06-30 | $3.5B |
| 22-09 | 2022-09-30 | $3.1B |
| 22-12 | 2022-12-31 | $3.2B |
| 23-03 | 2023-03-31 | $2.5B |
| 23-06 | 2023-06-30 | $2.8B |
| 23-09 | 2023-09-30 | $1.3B |
| 23-12 | 2023-12-31 | $2.5B |
| 24-03 | 2024-03-31 | $1.6B |
| 24-06 | 2024-06-30 | $1.9B |
| 24-09 | 2024-09-30 | $2.0B |
| 24-12 | 2024-12-31 | $2.9B |
| 25-03 | 2025-03-31 | $1.7B |
| 25-06 | 2025-06-30 | $1.8B |
| 25-09 | 2025-09-30 | $1.8B |
| 25-12 | 2025-12-31 | $2.6B |
| 26-03 | 2026-03-31 | $1.3B |
| 26-06 | 2026-06-30 | $930.0M |
Grade history
Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| 18-09 | 2018-09-30 | not scored | not scored | not scored |
| 18-12 | 2018-12-31 | not scored | not scored | not scored |
| 19-03 | 2019-03-31 | not scored | not scored | not scored |
| 19-06 | 2019-06-30 | not scored | not scored | not scored |
| 19-09 | 2019-09-30 | not scored | not scored | not scored |
| 19-12 | 2019-12-31 | not scored | not scored | not scored |
| 20-03 | 2020-03-31 | not scored | not scored | not scored |
| 20-06 | 2020-06-30 | not scored | not scored | not scored |
| 20-09 | 2020-09-30 | not scored | not scored | not scored |
| 20-12 | 2020-12-31 | not scored | not scored | not scored |
| 21-03 | 2021-03-31 | not scored | not scored | not scored |
| 21-06 | 2021-06-30 | not scored | not scored | not scored |
| 21-09 | 2021-09-30 | not scored | not scored | not scored |
| 21-12 | 2021-12-31 | not scored | not scored | not scored |
| 22-03 | 2022-03-31 | not scored | not scored | not scored |
| 22-06 | 2022-06-30 | not scored | not scored | not scored |
| 22-09 | 2022-09-30 | not scored | not scored | not scored |
| 22-12 | 2022-12-31 | not scored | not scored | not scored |
| 23-03 | 2023-03-31 | not scored | not scored | not scored |
| 23-06 | 2023-06-30 | not scored | not scored | not scored |
| 23-09 | 2023-09-30 | 10 | 46 | 51 |
| 23-12 | 2023-12-31 | 12 | 47 | 54 |
| 24-03 | 2024-03-31 | 10 | 47 | 54 |
| 24-06 | 2024-06-30 | 15 | 41 | 59 |
| 24-09 | 2024-09-30 | 64 | 43 | 57 |
| 24-12 | 2024-12-31 | 43 | 49 | 61 |
| 25-03 | 2025-03-31 | 40 | 48 | 54 |
| 25-06 | 2025-06-30 | 17 | 45 | 55 |
| 25-09 | 2025-09-30 | 18 | 44 | 50 |
| 25-12 | 2025-12-31 | 32 | 46 | 55 |
| 26-03 | 2026-03-31 | 7 | 39 | 45 |
| 26-06 | 2026-06-30 | 16 | 37 | 31 |