Valuation dashboard for United Parcel Service, Inc. (UPS) with P/E 20.99, P/B 6.20, EV/EBITDA 10.0 and dividend yield 6.01%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Industrials companies.
United Parcel Service, Inc., a package delivery and logistics provider, offers transportation and delivery services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery services for express letters, documents, packages and palletized freight through air and ground services.
What would it be worth at its usual multiples?
Versus its usual multiples: fairly priced · Current P/E 21.0× · Multiples range: $100.05 · $134.42.
At the decade median (19.2×) $100 (-8 %); at its sector median (25.9×) $134 (+23 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
Analysis Summary
United Parcel Service, Inc. reported revenue of $88.66B in the most recent fiscal year, growing at a 5-year CAGR of 1.0%. Net income reached $5.57B, with a 32.9% 5-year CAGR.
Trailing-twelve-month margins: gross margin 17.9%, operating margin 7.1%, net margin 4.8%.
At $109.17 (closing price, November 3, 2026), UPS trades at a P/E of 20.99 and an ROE of 28.51%. Market capitalisation stands at $81.8B, placing it among large-cap names.
Balance sheet quality for UPS: debt-to-equity ratio of 2.02, current ratio of 1.24 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 20.99 |
| Price / Book | 6.20 |
| EV / EBITDA | 10.0 |
| Dividend Yield | 6.01% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| UPS | United Parcel Service, Inc. | $81.8B | 20.99 | 6.20 | 28.5% |
| FDX | FedEx Corporation | $74.5B | 19.77 | 2.17 | 12.6% |
| ZTO | ZTO Express (Cayman) Inc. | $15.1B | 10.32 | 1.62 | 15.9% |
| 0R08.L | United Parcel Service, Inc. | $84.9B | 18.75 | 5.70 | 29.1% |
| 0QZX.L | FedEx Corporation | $70.8B | 16.27 | 2.27 | 15.1% |
| 0QMW.L | Kuehne + Nagel International AG | CHF 27.5B | 27.66 | 10.31 | 41.9% |
| EXPD | Expeditors International of Washington, Inc. | $26.6B | 25.93 | 11.34 | 45.8% |
| 0IJR.L | Expeditors International of Washington, Inc. | $25.8B | 28.48 | 12.25 | 40.7% |
Price
| Price | $109.17 (closing price, November 3, 2026) |
| Market Cap | $81.8B |
| Exchange | NYSE |
| Country | US |
Profitability
| Return on Equity | 28.51% |
| Return on Invested Capital | 8.41% |
| Return on Assets | 6.08% |
| Gross Margin | 17.93% |
| Operating Margin | 7.13% |
| Net Margin | 4.84% |
Related companies: FDX · ZTO · 0R08.L · 0QZX.L · 0QMW.L · EXPD · 0IJR.L · 0J71.L
Explore sector: Industrials · Integrated Freight & Logistics
More sections of UPS: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks