# United Parcel Service Inc. (UPS) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Air Freight & Logistics. Price $102.29, market value $87.0 billion.

## Valuation
- **P/E (trailing): 19.0×** (5-yr avg 14.4×, 3-yr avg 16.4×). United Parcel Service Inc. trades at 19.0× trailing earnings, well above its own five-year average of 14.4×: investors are paying up relative to the company's past. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 12.7×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.0×**. Each dollar of revenue is priced at 1.0×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 5.8×**. The shares trade at 5.8× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 11.3×**. Enterprise value is 11.3× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 6.3%** (5-yr avg 6.2%). Free cash flow equals 6.3% of the market value, in line with its five-year average of 6.2%. Above 5% is generally attractive.
- **Earnings yield: 5.3%**. The inverse of the P/E: 5.3% of the price is earned each year.

## Profitability
- **Operating margin: 7.3%**. 7.3% of revenue is left after running the business.
- **Net margin: 6.3%**. 6.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 34.3%**. 34.3% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 15.0%**. Return on all capital, debt included, is 15.0%: comfortably above what that capital costs.
- **Return on assets: 6.3%**. Each dollar of assets produces 6.3% of profit.

## Growth
- **Revenue growth (1 yr): -2.6%** (3-yr -4.0%/yr, 5-yr 0.9%/yr). Revenue fell 2.6% over the last year, against 0.9% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -2.8%** (3-yr -20.8%/yr, 5-yr 33.6%/yr). Earnings per share fell 2.8%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): -20.1%/yr**. Free cash flow has compounded at -20.1% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 1.49**. Debt is 1.49 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 2.0×**. It would take 2.0 years of operating earnings to repay net borrowings, within the comfortable range.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 6.41%** ($6.56 per share, trailing). United Parcel Service Inc. yields 6.41%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 97%** (99% of free cash flow). 97% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 26**. 26 straight years of increases (the data covers 26 years, so this may be longer): a record very few companies hold.
- **Dividend growth (5 yr): 10.2%/yr** (1-yr 0.6%). The dividend has compounded at 10.2% a year over five years, doubling roughly every 7 years at that pace.

## Analyst view
- **Analyst consensus: buy** (26 analysts). 26 analysts cover United Parcel Service Inc.; the consensus is buy, with an average price target of $116.08 (+13% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 27.0%** (YTD 6.3%, 3-mo -5.8%). The shares are up 27.0% over twelve months including dividends.
- **From 52-week high: -16.4%** (24.7% above the low). Trading 16% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 41**. An RSI of 41 is neutral.
- **Beta (1 yr): 0.80** (volatility 29%). Beta of 0.80 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=UPS · Page: https://foliofundamentals.com/stocks/ups

Not investment advice.