Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
United Parcel Service's operating assets for the quarter that ended in Mar. 2026 was $66,007 Mil. United Parcel Service's operating liabilities for the quarter that ended in Mar. 2026 was $27,356 Mil. United Parcel Service's Total Assets for the quarter that ended in Dec. 2025 was $73,090 Mil. Therefore, United Parcel Service's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.53.
United Parcel Service Scaled Net Operating Assets Related Terms
United Parcel Service Scaled Net Operating Assets Historical Data
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The historical data trend for United Parcel Service's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart
UPS vs FDX, JBHT, FDXFw: Scaled Net Operating Assets Comparison
For the Integrated Freight & Logistics subindustry, United Parcel Service's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Transportation Industry
For the Transportation industry and Industrials sector, United Parcel Service's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where United Parcel Service's Scaled Net Operating Assets falls into.
* 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.
What does a Scaled Net Operating Assets of 0.53 mean?
United Parcel Service (UPS) has a Scaled Net Operating Assets of 0.53 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on United Parcel Service and its competitors.
Is United Parcel Service's Scaled Net Operating Assets too high?
United Parcel Service's current Scaled Net Operating Assets is 0.53. Overall, United Parcel Service has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Parcel Service's Scaled Net Operating Assets compare to FDX and JBHT?
United Parcel Service's Scaled Net Operating Assets of 0.53 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Transportation company?
A good Scaled Net Operating Assets depends on the Transportation industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on United Parcel Service and its competitors. United Parcel Service's current Scaled Net Operating Assets is 0.53. 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?
Based on GuruFocus' analysis, United Parcel Service (UPS) is currently considered Modestly Undervalued. The stock's GF Value™ is $128.02, compared to a current price of $109.31 — trading 14.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.53. United Parcel Service's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For United Parcel Service (UPS), the current Scaled Net Operating Assets is 0.53 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.
Is United Parcel Service (UPS) Overvalued in 2026?
Based on GuruFocus' analysis, United Parcel Service stock appears to be undervalued.
The current stock price of $109.31 is trading 14.6% below its estimated GF Value™ of $128.02.
GuruFocus considers United Parcel Service to be Modestly Undervalued.
Key valuation signals for UPS:
Scaled Net Operating Assets: 0.53
GF Value™: $128.02 vs. price of $109.31 (14.6% below fair value)
No single metric tells the full story. See the UPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
76GF Score
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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