United Parcel Service Balance Sheet
NYSE: UPSIndustrialsTrucking Freight/Courier ServicesUSD
At close: Oct 9, 4:03 PM ET · Delayed 15 min
United Parcel Service financial position
At the end of fiscal 2025, United Parcel Service reported total assets of $73.09 billion, up 4.3% from a year earlier against total liabilities of $56.84 billion. Shareholders' equity stood at $16.23 billion, or 22.2% of assets. The company held $5.89 billion in cash and equivalents against $24.13 billion of debt, a net debt position of $18.24 billion.
The current ratio (current assets divided by current liabilities) was 1.22, meaning short-term assets cover obligations due within a year. Debt-to-equity was 1.49.
Summary generated from market data by MetaCap's automated system. Methodology
United Parcel Service balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 5.89B | 6.11B | 3.21B | 5.60B | 10.26B | 5.91B | 5.24B | 4.22B | 3.32B | 3.48B |
| Short-Term Investments | — | 206.00M | 2.87B | 1.99B | 338.00M | 406.00M | 503.00M | 810.00M | 749.00M | 1.09B |
| Receivables | 11.21B | 10.87B | 11.22B | 12.58B | 12.54B | 10.75B | 9.55B | 8.96B | 8.77B | 7.70B |
| Inventory | 739.00M | 826.00M | 935.00M | 889.00M | 717.00M | 620.00M | 511.00M | 421.00M | 404.00M | 342.00M |
| Total Current Assets | 19.05B | 19.31B | 19.41B | 22.22B | 24.93B | 20.22B | 17.10B | 16.21B | 15.72B | 13.85B |
| Property, Plant & Equipment | 37.73B | 37.18B | 36.95B | 34.72B | 33.48B | 32.25B | 30.48B | 26.58B | 22.12B | 18.80B |
| Goodwill | 5.84B | 4.30B | 4.87B | 4.22B | 3.69B | 3.37B | 3.81B | 3.81B | 3.87B | 3.76B |
| Intangible Assets | 4.02B | 3.06B | 3.31B | 2.80B | 2.49B | 2.27B | 2.17B | 2.08B | 1.96B | 1.76B |
| Total Assets | 73.09B | 70.07B | 70.86B | 71.12B | 69.41B | 62.41B | 57.86B | 50.02B | 45.57B | 40.55B |
| Accounts Payable | 6.63B | 6.30B | 6.34B | 7.51B | 7.52B | 6.46B | 5.55B | 5.19B | 3.93B | 3.04B |
| Short-Term Debt | 608.00M | 1.84B | 3.35B | 2.34B | 2.13B | 2.62B | 3.42B | 2.81B | 4.01B | 3.68B |
| Total Current Liabilities | 15.62B | 16.44B | 17.68B | 18.14B | 17.57B | 17.02B | 15.41B | 14.09B | 12.89B | 11.73B |
| Long-Term Debt | 23.52B | 19.45B | 18.92B | 17.32B | 19.78B | 22.03B | 21.82B | 19.93B | 20.28B | 12.39B |
| Total Liabilities | 56.84B | 53.33B | 53.54B | 51.32B | 55.14B | 61.74B | 54.57B | 46.98B | 44.55B | 39.95B |
| Shareholders' Equity | 16.23B | 16.72B | 17.31B | 19.79B | 14.25B | 657.00M | 3.27B | 3.02B | 994.00M | 405.00M |
| Retained Earnings | 20.15B | 20.88B | 21.05B | 21.33B | 16.18B | 6.90B | 9.11B | 8.01B | 5.85B | 4.88B |
| Total Debt | 24.13B | 21.28B | 22.26B | 19.66B | 21.91B | 24.65B | 25.24B | 22.74B | 24.29B | 16.07B |
| Net Cash (Debt) | -18.24B | -14.97B | -16.19B | -12.07B | -11.32B | -18.34B | -19.50B | -17.70B | -20.22B | -11.51B |
This table shows 10 annual periods of United Parcel Service's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow UPS's reporting calendar. What is a balance sheet?