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United Parcel Service (United Parcel Service) Debt-to-Equity

: 1.54 (As of Dec. 2023)
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United Parcel Service's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,057 Mil. United Parcel Service's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $22,672 Mil. United Parcel Service's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $17,306 Mil. United Parcel Service's debt to equity for the quarter that ended in Dec. 2023 was 1.54.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for United Parcel Service's Debt-to-Equity or its related term are showing as below:

UPS' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.19   Med: 6.66   Max: 42.24
Current: 1.54

During the past 13 years, the highest Debt-to-Equity Ratio of United Parcel Service was 42.24. The lowest was 1.19. And the median was 6.66.

UPS's Debt-to-Equity is ranked worse than
81.72% of 886 companies
in the Transportation industry
Industry Median: 0.55 vs UPS: 1.54

United Parcel Service Debt-to-Equity Historical Data

The historical data trend for United Parcel Service's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

United Parcel Service Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.62 42.24 1.79 1.19 1.54

United Parcel Service Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.19 1.32 1.26 1.33 1.54

Competitive Comparison

For the Integrated Freight & Logistics subindustry, United Parcel Service's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


United Parcel Service Debt-to-Equity Distribution

For the Transportation industry and Industrials sector, United Parcel Service's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where United Parcel Service's Debt-to-Equity falls into.



United Parcel Service Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

United Parcel Service's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

United Parcel Service's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


United Parcel Service  (NYSE:UPS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


United Parcel Service Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of United Parcel Service's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


United Parcel Service (United Parcel Service) Business Description

Address
55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, USA, 30328
As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 25 million packages per day to residences and businesses across the globe. UPS' domestic U.S. package operations generate around 64% of total revenue while international package makes up 20%. Air and ocean freight forwarding, truckload brokerage, and contract logistics make up the remainder.
Executives
Nando Cesarone officer: President, UPS International 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Laura J Lane officer: Chief Corp Affairs & Comms Off 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Brian Newman officer: Chief Financial Officer 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Brothers Norman M. Jr officer: Sr VP, Gen Counsel & Sec 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Darrell L Ford officer: Chief Human Resources Officer 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kathleen M. Gutmann officer: Senior Vice President 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kevin M Warren officer: Chief Marketing Officer 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Bala Subramanian officer: Chief Digital & Tech Officer 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Philippe R Gilbert officer: Pres, Supply Chain Solutions 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Juan R. Perez officer: Senior Vice President 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Scott A. Price officer: Chief Transformation Officer 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Russell Stokes director ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Wayne M. Hewett director 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Charlene A Thomas officer: Chief Human Resources Officer 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kathleen E Johnson director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328

United Parcel Service (United Parcel Service) Headlines