FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

UPS
2026-06-30 · figures in $M

NET DEBT UP

Net debt rose 19% to $17.7B, and stands at 1.63× annualized EBITDA.

CASH -3.7%
5,887
TOTAL DEBT +12.1%
23,585
NET DEBT +18.6%
17,698
NET DEBT / ANN. EBITDA +25.2%
1.63× TARGET <2.0×
Balance sheet FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY
Cash & equivalents
10-Q
4,225 5,238 5,910 10,255 5,602 3,206 6,112 5,887 -3.7%
Accounts receivable
10-Q
8,958 9,552 10,750 12,541 12,583 11,216 10,871 11,209 +3.1%
Inventories
10-K
421 511 620 717 889 935 826 739 -10.5%
Other current assets
RESTATED · WAS 2,121 10-Q
1,277 1,810 1,953 1,800 2,039 2,125 2,327 1,949 -16.2%
Total current assets
10-Q
16,210 17,103 20,216 24,934 22,217 19,413 19,310 19,045 -1.4%
Current ratio
10-Q
1.15× 1.11× 1.19× 1.42× 1.22× 1.10× 1.17× 1.22× +3.8%
Goodwill
10-Q
3,811 3,813 3,367 3,692 4,223 4,872 4,300 5,837 +35.7%
Property, plant & equipment
10-Q
26,576 30,482 32,254 33,475 34,719 36,945 37,179 37,731 +1.5%
Total assets
10-Q
50,016 57,857 62,408 69,405 71,124 70,857 70,070 73,090 +4.3%
Return on assets (annualized)
10-Q
9.6% 7.7% 2.2% 18.6% 16.2% 9.5% 8.3% 7.6% -7.6%
Accounts payable
RESTATED · WAS 7,512 10-Q
5,188 5,555 6,455 7,523 7,515 6,340 6,302 6,633 +5.3%
Short-term debt
10-Q
2,805 3,420 2,623 2,131 2,341 3,348 1,838 608 -66.9%
Total current liabilities
10-Q
14,087 15,413 17,016 17,569 18,140 17,676 16,441 15,620 -5.0%
Long-term debt
RESTATED · WAS 19,662 10-Q
22,736 25,238 24,654 21,915 17,321 18,916 19,446 23,519 +20.9%
Total liabilities
46,979 54,574 61,739 55,136 51,321 53,543 53,327 56,835 +6.6%
Net debt
18,511 20,000 18,759 11,660 14,060 18,792 14,918 17,698 +18.6%
Stockholders' equity
10-Q
3,037 3,283 669 14,269 19,803 17,314 16,743 16,255 -2.9%
Net debt / TTM EBITDA
10-Q
2.01× 1.97× 1.81× 0.74× 0.86× 1.57× 1.30× 1.63× +25.2%

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · NET DEBT · QoQ BRIDGE
FROM14,918 TOTAL DEBT+2,555 CASH & EQUIVALENTS+225 TO17,698
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-05 ↗