United Parcel Service, Inc. (UPS) Debt to Equity Ratio: 1.99
Is United Parcel Service, Inc.’s debt to equity ratio high or low?
United Parcel Service, Inc.'s debt to equity ratio of 1.99 is 76% below its 5-year average of 8.38, near the low end of its 5-year range (1.19–42.24).
The debt to equity ratio for United Parcel Service, Inc. (UPS) is 1.99 as of Wednesday, June 10, 2026. It is above its 12-month average by 13.07% (1.76).
UPS Debt to Equity Ratio Chart
UPS Average Debt to Equity Ratio Chart
UPS Current vs Average Debt to Equity Ratio Chart
UPS Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
1.99
DEBT TO EQUITY RATIO AVG TTM
1.76
DEBT TO EQUITY RATIO AVG 3Y
1.56
DEBT TO EQUITY RATIO AVG 5Y
8.38
DEBT TO EQUITY RATIO AVG 10Y
12.56
DEBT TO EQUITY RATIO AVG 15Y
9.44
DEBT TO EQUITY RATIO AVG 20Y
7.39
CURRENT VS TTM AVG
+13.07%
CURRENT VS 3Y AVG
+27.36%
CURRENT VS 5Y AVG
-76.25%
CURRENT VS 10Y AVG
-84.16%
CURRENT VS 15Y AVG
-78.91%
CURRENT VS 20Y AVG
-73.06%
UPS Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Parcel Service, Inc. (UPS) | — | 1.99 | 1.76 | 1.56 | 8.38 |
| Cummins Inc. (CMI) | $87.60B | 0.66 | 0.70 | 0.79 | 0.71 |
| Automatic Data Processing, Inc. (ADP) | $92.38B | 1.46 | 1.14 | 1.08 | 0.89 |
| 3M Company (MMM) | $81.79B | 2.75 | 3.16 | 2.73 | 2.28 |
| Emerson Electric Co. (EMR) | $76.94B | 0.68 | 0.54 | 0.63 | 0.69 |
| Illinois Tool Works Inc. (ITW) | $72.19B | 2.78 | 2.61 | 2.64 | 2.56 |
| Parker-Hannifin Corporation (PH) | $111.11B | 0.70 | 0.80 | 1.05 | 1.07 |
| Rocket Lab USA, Inc. (RKLB) | $62.17B | 0.15 | 0.68 | 0.48 | 0.42 |
| PACCAR Inc (PCAR) | $60.21B | 0.00 | 0.46 | 0.68 | 0.79 |
| Lockheed Martin Corporation (LMT) | $121.37B | 3.23 | 3.21 | 2.67 | 2.29 |
Financial Health
Debt/Equity
1.99
Current Ratio
1.22
United Parcel Service, Inc. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
United Parcel Service, Inc. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for United Parcel Service, Inc. (UPS)?
- The debt to equity ratio for UPS stock is 1.99.
- Is United Parcel Service, Inc.'s debt to equity ratio high or low?
- United Parcel Service, Inc.'s debt to equity ratio of 1.99 is 76% below its 5-year average of 8.38, near the low end of its 5-year range (1.19–42.24).
- What is the TTM average debt to equity ratio for United Parcel Service, Inc. (UPS)?
- The TTM average debt to equity ratio for UPS stock is 1.76.
- What is the 3Y average debt to equity ratio for United Parcel Service, Inc. (UPS)?
- The 3Y average debt to equity ratio for UPS stock is 1.56.
- What is the 5Y average debt to equity ratio for United Parcel Service, Inc. (UPS)?
- The 5Y average debt to equity ratio for UPS stock is 8.38.
- What is the 10Y average debt to equity ratio for United Parcel Service, Inc. (UPS)?
- The 10Y average debt to equity ratio for UPS stock is 12.56.
- What is the 15Y average debt to equity ratio for United Parcel Service, Inc. (UPS)?
- The 15Y average debt to equity ratio for UPS stock is 9.44.
- What is the 20Y average debt to equity ratio for United Parcel Service, Inc. (UPS)?
- The 20Y average debt to equity ratio for UPS stock is 7.39.
United Parcel Service, Inc. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 1.99 |
| 2024-12-31 | 1.53 |
| 2023-12-31 | 1.54 |
| 2022-12-31 | 1.19 |
| 2021-12-31 | 1.79 |
| 2020-12-31 | 42.24 |
| 2019-12-31 | 8.62 |
| 2018-12-31 | 7.53 |
| 2017-12-31 | 24.94 |
| 2016-12-31 | 40.80 |
| 2015-12-31 | 6.00 |
| 2014-12-31 | 5.27 |
| 2013-12-31 | 1.75 |
| 2012-12-31 | 2.86 |
| 2011-12-31 | 1.58 |
| 2010-12-31 | 1.36 |
| 2009-12-31 | 1.25 |
| 2008-12-31 | 1.46 |
| 2007-12-31 | 0.90 |
| 2006-12-31 | 0.27 |
| 2005-12-31 | 0.24 |
| 2004-12-31 | 0.27 |
| 2003-12-31 | 0.26 |
| 2002-12-31 | 0.37 |
| 2001-12-31 | 0.50 |
| 2000-12-31 | 0.37 |
| 1999-12-31 | 0.19 |
| 1998-12-31 | 0.36 |
Related Metrics
About United Parcel Service, Inc.
United Parcel Service, Inc. (UPS) stands as a leading global entity in shipping and logistics, delivering an extensive array of services such as parcel and document conveyance, transportation of goods, and supply chain management. The corporation structures its widespread operations into two principal divisions: U.S. Domestic Package and International Package. Within the United States, its Domestic Package unit specializes in time-guaranteed delivery for a range of items, including correspondence, critical paperwork, smaller parcels, and palletized cargo, utilizing both air and surface transportation methods. Conversely, the International Package division ensures reliable, precise-time international shipping services across extensive geographical areas, encompassing Europe, the Asia Pacific region, Canada, Latin America, the Indian sub-continent, the Middle East, and Africa. This segment notably features guaranteed express options for urgent consignments. Beyond core package services, UPS extends its reach to roughly 200 nations and jurisdictions, offering international air and sea cargo forwarding, expert customs clearance, distribution and after-sales support, alongside postal and advisory solutions. Furthermore, its diversified portfolio includes truckload transport brokering; tailored supply chain management for the healthcare and life sciences sectors; sophisticated shipping, tracking, and invoicing technologies; and a suite of financial and insurance offerings. Supporting these extensive operations is an impressive operational fleet of around 121,000 vehicles, comprising package cars, vans, tractors, and motorcycles. Additionally, it possesses 59,000 specialized containers integral for cargo transport aboard its aircraft. Established in 1907, United Parcel Service, Inc. has its corporate headquarters situated in Atlanta, Georgia.
- Sector
- Industrials
- Industry
- Integrated Freight & Logistics
- CEO
- Carol Tome