United Parcel Service, Inc. (UPS)

UPS Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	5,802	5,887	6,112	3,206	5,602	10,255
Short-Term Investments	-	-	-	2,866	1,993	338
Cash & Short-Term Investments	5,802	5,887	6,112	6,072	7,595	10,593
Cash Growth	14.55%	-3.68%	0.66%	-20.05%	-28.30%	67.72%
Accounts Receivable	9,948	11,209	10,871	11,216	12,583	12,541
Other Current Assets	2,044	1,949	2,327	2,125	2,039	1,800
Total Current Assets	17,794	19,045	19,310	19,413	22,217	24,934
Net Property, Plant & Equipment	42,113	41,994	41,328	41,253	38,474	37,037
Other Intangible Assets	3,981	4,021	3,064	3,305	2,796	2,486
Goodwill	5,796	5,837	4,300	4,872	4,223	3,692
Other Long-Term Assets	2,125	2,193	2,068	2,014	3,414	1,256
Total Assets	71,809	73,090	70,070	70,857	71,124	69,405
Accounts Payable	5,913	6,633	6,302	6,340	7,515	7,523
Accrued Expenses	4,652	5,104	5,045	4,703	5,127	4,857
Current Portion of Long-Term Debt	637	608	1,838	3,348	2,341	2,131
Current Portion of Leases	742	763	733	709	621	580
Other Current Liabilities	2,730	2,512	2,523	2,576	2,536	2,478
Total Current Liabilities	14,674	15,620	16,441	17,676	18,140	17,569
Long-Term Debt	23,749	23,519	19,446	18,916	17,321	19,784
Long-Term Leases	3,534	3,700	3,635	3,756	3,238	3,033
Other Long-Term Liabilities	14,061	13,996	13,805	13,195	12,622	14,750
Total Long-Term Liabilities	41,344	41,215	36,886	35,867	33,181	37,567
Total Liabilities	56,018	56,835	53,327	53,543	51,321	55,136
Common Stock	9	9	9	9	9	9
Treasury Stock	-5	-5	-7	-9	-13	-16
Additional Paid-in Capital	382	275	136	-	-	1,343
Accumulated Other Comprehensive Income	-4,250	-4,208	-4,309	-3,758	-1,549	-3,278
Retained Earnings	19,627	20,156	20,889	21,064	21,339	16,195
Total Common Shareholders' Equity	15,763	16,227	16,718	17,306	19,786	14,253
Minority Interest	28	28	25	8	17	16
Shareholders' Equity	15,791	16,255	16,743	17,314	19,803	14,269
Total Liabilities & Equity	71,809	73,090	70,070	70,857	71,124	69,405
Total Debt	28,662	28,590	25,652	26,729	23,521	25,528
Net Cash (Debt)	-22,860	-22,703	-19,540	-20,657	-15,926	-14,935
Net Cash Per Share	-26.91	-26.71	-22.83	-24.02	-18.20	-17.01
Book Value	15,763	16,227	16,718	17,306	19,786	14,253
Book Value Per Share	18.56	19.09	19.53	20.12	22.61	16.23
Tangible Book Value	5,986	6,369	9,354	9,129	12,767	8,075
Tangible Book Value Per Share	7.05	7.49	10.93	10.62	14.59	9.20

Updated Apr 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q