United Parcel Service (PFTS:UPS) ROE %: 21.61% (As of Mar. 2026) — 79% Below Median


What is United Parcel Service ROE %?

United Parcel Service PFTS:UPS 76 ROE % is 21.61% as of Mar. 2026, which is 79% below its 10-year median of 104.84. GuruFocus rates PFTS:UPS with a GF Score™ of 76/100. The stock has 9 warning signs investors should review. Among 991 Transportation companies, United Parcel Service ranks better than 93.64% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. United Parcel Service's annualized net income for the quarter that ended in Mar. 2026 was ₴155,219.70 Mil. United Parcel Service's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₴718,385.16 Mil. Therefore, United Parcel Service's annualized ROE % for the quarter that ended in Mar. 2026 was 21.61%.

The historical rank and industry rank for United Parcel Service's ROE % or its related term are showing as below:

PFTS:UPS' s ROE % Range Over the Past 10 Years
Min: 33.83   Med: 104.84   Max: 701.22
Current: 33.13

During the past 13 years, United Parcel Service's highest ROE % was 701.22%. The lowest was 33.83%. And the median was 104.84%.

PFTS:UPS's ROE % is ranked better than
93.64% of 991 companies
in the Transportation industry
Industry Median: 7.62 vs PFTS:UPS: 33.13

United Parcel Service  (PFTS:UPS) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=155219.7/718385.161
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(155219.7 / 3808990.856)*(3808990.856 / 3253932.2135)*(3253932.2135 / 718385.161)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.08 %*1.1706*4.5295
=ROA %*Equity Multiplier
=4.78 %*4.5295
=21.61 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=155219.7/718385.161
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (155219.7 / 201929.332) * (201929.332 / 227619.632) * (227619.632 / 3808990.856) * (3808990.856 / 3253932.2135) * (3253932.2135 / 718385.161)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7687 * 0.8871 * 5.98 % * 1.1706 * 4.5295
=21.61 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


United Parcel Service ROE % Related Terms


United Parcel Service ROE % Historical Data

* Premium members only.

The historical data trend for United Parcel Service's ROE % 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.

United Parcel Service ROE % Chart

United Parcel Service Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 172.90 67.85 36.17 33.99 33.83

United Parcel Service Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial 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 29.33 32.68 33.22 44.71 21.61

PFTS:UPS vs FDX, JBHT, FDXFw: ROE % Comparison

For the Integrated Freight & Logistics subindustry, United Parcel Service's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Transportation Industry

For the Transportation industry and Industrials sector, United Parcel Service's ROE % distribution charts can be found below:

* The bar in red indicates where United Parcel Service's ROE % falls into.



United Parcel Service ROE % Calculation

United Parcel Service's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=250255.837/( (750857.338+728805.002)/ 2 )
=250255.837/739831.17
=33.83 %

United Parcel Service's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=155219.7/( (728805.002+707965.32)/ 2 )
=155219.7/718385.161
=21.61 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 21.61% mean?
United Parcel Service (PFTS:UPS) has a ROE % of 21.61% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on United Parcel Service and its competitors. This is 79% below median its historical median of 104.84. Over the past decade, United Parcel Service's ROE % has ranged from 33.83 to 701.22. According to the industry distribution chart, United Parcel Service ranks #63 out of 991 companies in the Transportation industry, placing it in the top 6.4%.
Is United Parcel Service's ROE % too high?
United Parcel Service's current ROE % of 21.61% is 79% below median its 10-year median of 104.84. Over the past 10 years, this metric has ranged from a low of 33.83 to a high of 701.22. The Transportation industry median ROE % is 7.62. United Parcel Service's value of 21.61% is 183.6% above this industry median. Based on the distribution chart, United Parcel Service ranks #63 out of 991 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, United Parcel Service has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does United Parcel Service's ROE % compare to FDX and JBHT?
According to the Transportation industry distribution chart, United Parcel Service ranks #63 out of 991 companies for ROE %. This places United Parcel Service in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 7.62. United Parcel Service's value of 21.61% is 183.6% above this benchmark. Historically, United Parcel Service's own ROE % has ranged from 33.83 to 701.22 over the past decade. While the company's 10-year median is 104.84 vs. the industry median of 7.62, United Parcel Service has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Transportation company?
The median ROE % among Transportation companies is 7.62, based on 991 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. United Parcel Service's current ROE % of 21.61% is 183.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on United Parcel Service and its competitors. For the Transportation industry, the median ROE % is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Parcel Service's current ROE % is 21.61%, which is 79% below median its own 10-year median of 104.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Parcel Service stock overvalued right now?
United Parcel Service (PFTS:UPS) has a current ROE % of 21.61%. The current ROE % is 21.61%, which is 79% below median its 10-year median of 104.84 and 183.6% above the Transportation industry median of 7.62. United Parcel Service's overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For United Parcel Service (PFTS:UPS), the current ROE % is 21.61% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

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 22 million packages per day to residences and businesses across the globe. UPS' domestic US package operations generate around 65% of total revenue, while international package makes up 20%. Air and ocean freight forwarding and contract logistics make up the remainder.