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Stocks/Industrials/Air Freight & Logistics

United Parcel ServiceUPS

Air Freight & Logistics · Sandy Springs, Georgia · In the S&P 500
Cheaper than peers
$108.25+0.86%After hours: $108.04 (−0.19%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 11.1% over 1 year
United Parcel Service over 1 yearDaily close, $, to 30 Oct 2026
$90$100$120Nov2026MarMayJulSep$108.25$100$120NovMarJul$108.25
Source: Nasdaq daily closes
Market value$92.10B
Price to earnings20.1x
Forward P/E13.9x
Dividend yield6.06%
Year to date+9.1%
One year+11.1%
Next earningsNot scheduled
SectorIndustrials
52-week range (closes)
$90.87$120.00

Quality and valuation

How United Parcel Service compares with other industrials stocks. A description, not a recommendation.

United Parcel Service and 7 air freight & logistics peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: weaker than mostValuation: cheaper than most

A weaker business than most industrials companies, priced below most of them.

United Parcel Service trades at 13.9 times the next 12 months of expected earnings, against a median of 21.4x for the 89 industrials stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: −0.4% vs +8.2%
  • Less profitable (operating margin): 7.3% vs 17.5%
  • Turns less of its sales into cash: 6.1% vs 13.1%
UPS trades at 13.9x forward earnings, below the sector medianForward p/e, Air Freight & Logistics peers
UPS13.9xLMT20.6xCAT21.6xUNP22.3xRTX26.8xDE32.3xGE35.7xGEV40.8xSector median 21.4xUPS13.9xLMT20.6xCAT21.6xUNP22.3xRTX26.8xDE32.3xGE35.7xGEV40.8xSector median 21.4x
Source: CNBC quotes; Mostly Markets
At 20.2x earnings, UPS is pricier than its average since Aug 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
15xAverage 16.9x2025202620.2x15xAverage 16.9x2025202620.2x
Source: Nasdaq prices; SEC filings

Financials

From United Parcel Service's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue grew 7.6% from a year earlierQuarterly revenue, $bn, latest Q2 ’26
$0bn$10bn$20bnQ3 ’24Q1 ’25Q3 ’25$22.8bnQ2 ’26$0bn$10bn$20bnQ3 ’24Q1 ’25Q3 ’25$22.8bnQ2 ’26
Source: SEC filings
Growth sped up to +7.6% last quarterRevenue growth, year on year, %
0%5%Q3 ’24Q1 ’25Q3 ’257.6%Q2 ’260%5%Q3 ’24Q1 ’25Q3 ’257.6%Q2 ’26
Source: SEC filings
Operating margin was 4.1% last quarterOperating income as a share of revenue, %
0%5%10%Q3 ’24Q1 ’25Q3 ’254.1%Q2 ’260%5%10%Q3 ’24Q1 ’25Q3 ’254.1%Q2 ’26
Source: SEC filings
Free cash flow was $5.5 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0bn$1bn$2bnQ3 ’24Q1 ’25Q3 ’25$0.2bnQ2 ’26$0bn$2bnQ3 ’24Q1 ’25Q3 ’25$0.2bnQ2 ’26
Source: SEC filings
Last 12 monthsUPSSector median
Revenue growth−0.4%+8.2%
Operating margin7.3%17.5%
Free cash flow margin6.1%13.1%
Price to earnings20.1x25.8x

Stories on United Parcel Service

Tuesday, 27 October
Earnings

UPS (UPS) Tops Q3 Estimates as Revenue per Package Climbs

UPS earned $1.69 a share on an adjusted basis, beating the $1.63 analysts expected, on revenue up 6.7% to $22.9 billion, and raised its 2026 revenue forecast to about $92.6 billion.

UPS▲ 5.8%
A container port at dusk

Similar companies

Air Freight & Logistics, by market value.

CompanyPriceTodayYTDValue
GEGE Aerospace$301.80−3.59%−2.0%$312B
CATCaterpillar$622.75−3.81%+8.7%$286B
RTXRTX$199.80+0.20%+8.9%$270B
GEVGE Vernova$857.87−3.38%+31.3%$227B
DEDeere &$675.48+2.35%+45.1%$182B
UNPUnion Pacific$304.00+0.69%+31.4%$181B
LMTLockheed Martin$636.95−1.03%+31.7%$147B
ETNEaton$369.97−6.03%+16.2%$144B