United Parcel Service Inc
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 in the United States. The Inte… Read more
United Parcel Service Inc (UPS) - Net Assets
Latest net assets as of December 2025: $16.25 Billion USD
Based on the latest financial reports, United Parcel Service Inc (UPS) has net assets worth $16.25 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($73.09 Billion) and total liabilities ($56.84 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $16.25 Billion |
| % of Total Assets | 22.24% |
| Annual Growth Rate | 3.08% |
| 5-Year Change | 13.92% |
| 10-Year Change | 3689.04% |
| Growth Volatility | 386.72 |
United Parcel Service Inc - Net Assets Trend (1998–2025)
This chart illustrates how United Parcel Service Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for United Parcel Service Inc (1998–2025)
The table below shows the annual net assets of United Parcel Service Inc from 1998 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $16.25 Billion | -2.91% |
| 2024-12-31 | $16.74 Billion | -3.30% |
| 2023-12-31 | $17.31 Billion | -12.57% |
| 2022-12-31 | $19.80 Billion | +38.78% |
| 2021-12-31 | $14.27 Billion | +2032.88% |
| 2020-12-31 | $669.00 Million | -79.62% |
| 2019-12-31 | $3.28 Billion | +8.10% |
| 2018-12-31 | $3.04 Billion | +194.85% |
| 2017-12-31 | $1.03 Billion | +140.09% |
| 2016-12-31 | $429.00 Million | -82.78% |
| 2015-12-31 | $2.49 Billion | +15.43% |
| 2014-12-31 | $2.16 Billion | -66.74% |
| 2013-12-31 | $6.49 Billion | +37.08% |
| 2012-12-31 | $4.73 Billion | -33.41% |
| 2011-12-31 | $7.11 Billion | -11.67% |
| 2010-12-31 | $8.05 Billion | +4.56% |
| 2009-12-31 | $7.70 Billion | +13.51% |
| 2008-12-31 | $6.78 Billion | -44.35% |
| 2007-12-31 | $12.18 Billion | -21.31% |
| 2006-12-31 | $15.48 Billion | -8.30% |
| 2005-12-31 | $16.88 Billion | +3.05% |
| 2004-12-31 | $16.38 Billion | +10.32% |
| 2003-12-31 | $14.85 Billion | +19.25% |
| 2002-12-31 | $12.46 Billion | +21.54% |
| 2001-12-31 | $10.25 Billion | +5.27% |
| 2000-12-31 | $9.73 Billion | -21.96% |
| 1999-12-31 | $12.47 Billion | +73.90% |
| 1998-12-31 | $7.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to United Parcel Service Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 176.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $20.15 Billion | 124.18% |
| Common Stock | $9.00 Million | 0.06% |
| Other Comprehensive Income | $-4.20 Billion | -25.90% |
| Other Components | $270.00 Million | 1.66% |
| Total Equity | $16.23 Billion | 100.00% |
United Parcel Service Inc Competitors by Market Cap
The table below lists competitors of United Parcel Service Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Barrick Mining Corporation
NYSE:B
|
$72.46 Billion |
|
Cigna Corp
NYSE:CI
|
$72.47 Billion |
|
Royal Caribbean Cruises Ltd
NYSE:RCL
|
$72.55 Billion |
|
Mondelez International Inc
NASDAQ:MDLZ
|
$73.06 Billion |
|
Royal Caribbean Group
LSE:0I1W
|
$71.79 Billion |
|
Marvell Technology Group Ltd
NASDAQ:MRVL
|
$71.74 Billion |
|
Münchener Rück AG
XETRA:MUV2
|
$71.72 Billion |
|
CN YANGT.PWR GDR REG S/A
F:CYZB
|
$71.71 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in United Parcel Service Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,718,000,000 to 16,227,000,000, a change of -491,000,000 (-2.9%).
- Net income of 5,572,000,000 contributed positively to equity growth.
- Dividend payments of 5,398,000,000 reduced retained earnings.
- Share repurchases of 1,000,000,000 reduced equity.
- Other comprehensive income increased equity by 106,000,000.
- Other factors increased equity by 229,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.57 Billion | +34.34% |
| Dividends Paid | $5.40 Billion | -33.27% |
| Share Repurchases | $1.00 Billion | -6.16% |
| Other Comprehensive Income | $106.00 Million | +0.65% |
| Other Changes | $229.00 Million | +1.41% |
| Total Change | $- | -2.94% |
Book Value vs Market Value Analysis
This analysis compares United Parcel Service Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.10x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 15.06x to 5.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $6.47 | $97.40 | x |
| 1999-12-31 | $10.88 | $97.40 | x |
| 2000-12-31 | $8.29 | $97.40 | x |
| 2001-12-31 | $8.97 | $97.40 | x |
| 2002-12-31 | $11.00 | $97.40 | x |
| 2003-12-31 | $13.07 | $97.40 | x |
| 2004-12-31 | $14.40 | $97.40 | x |
| 2005-12-31 | $15.14 | $97.40 | x |
| 2006-12-31 | $14.22 | $97.40 | x |
| 2007-12-31 | $11.46 | $97.40 | x |
| 2008-12-31 | $6.63 | $97.40 | x |
| 2009-12-31 | $7.60 | $97.40 | x |
| 2010-12-31 | $7.96 | $97.40 | x |
| 2011-12-31 | $7.10 | $97.40 | x |
| 2012-12-31 | $4.80 | $97.40 | x |
| 2013-12-31 | $6.83 | $97.40 | x |
| 2014-12-31 | $2.32 | $97.40 | x |
| 2015-12-31 | $2.73 | $97.40 | x |
| 2016-12-31 | $0.48 | $97.40 | x |
| 2017-12-31 | $1.18 | $97.40 | x |
| 2018-12-31 | $3.49 | $97.40 | x |
| 2019-12-31 | $3.78 | $97.40 | x |
| 2020-12-31 | $0.75 | $97.40 | x |
| 2021-12-31 | $16.23 | $97.40 | x |
| 2022-12-31 | $22.72 | $97.40 | x |
| 2023-12-31 | $20.12 | $97.40 | x |
| 2024-12-31 | $19.53 | $97.40 | x |
| 2025-12-31 | $19.09 | $97.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently United Parcel Service Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 34.34%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.28%
- • Asset Turnover: 1.21x
- • Equity Multiplier: 4.50x
- Recent ROE (34.34%) is below the historical average (100.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 24.27% | 7.02% | 1.45x | 2.38x | $1.02 Billion |
| 1999 | 7.08% | 3.26% | 1.17x | 1.85x | $-364.40 Million |
| 2000 | 30.14% | 9.86% | 1.37x | 2.23x | $1.96 Billion |
| 2001 | 23.41% | 7.83% | 1.24x | 2.40x | $1.37 Billion |
| 2002 | 25.55% | 10.18% | 1.19x | 2.12x | $1.94 Billion |
| 2003 | 19.51% | 8.65% | 1.13x | 2.00x | $1.41 Billion |
| 2004 | 20.34% | 9.11% | 1.11x | 2.02x | $1.69 Billion |
| 2005 | 22.92% | 9.09% | 1.22x | 2.07x | $2.18 Billion |
| 2006 | 27.14% | 8.84% | 1.43x | 2.15x | $2.65 Billion |
| 2007 | 3.14% | 0.77% | 1.27x | 3.20x | $-836.30 Million |
| 2008 | 44.29% | 5.83% | 1.62x | 4.70x | $2.33 Billion |
| 2009 | 28.20% | 4.77% | 1.42x | 4.18x | $1.39 Billion |
| 2010 | 43.71% | 7.05% | 1.47x | 4.21x | $2.69 Billion |
| 2011 | 54.07% | 7.15% | 1.53x | 4.93x | $3.10 Billion |
| 2012 | 17.34% | 1.49% | 1.39x | 8.35x | $341.70 Million |
| 2013 | 67.53% | 7.89% | 1.53x | 5.59x | $3.72 Billion |
| 2014 | 141.62% | 5.21% | 1.64x | 16.55x | $2.82 Billion |
| 2015 | 196.11% | 8.30% | 1.52x | 15.51x | $4.60 Billion |
| 2016 | 799.77% | 5.63% | 1.51x | 94.17x | $3.39 Billion |
| 2017 | 476.70% | 7.45% | 1.45x | 44.08x | $4.81 Billion |
| 2018 | 157.75% | 6.66% | 1.45x | 16.33x | $4.49 Billion |
| 2019 | 135.24% | 6.01% | 1.28x | 17.62x | $4.11 Billion |
| 2020 | 204.41% | 1.59% | 1.35x | 94.99x | $1.28 Billion |
| 2021 | 90.44% | 13.26% | 1.40x | 4.87x | $11.46 Billion |
| 2022 | 58.36% | 11.54% | 1.41x | 3.59x | $9.57 Billion |
| 2023 | 38.76% | 7.39% | 1.28x | 4.09x | $4.98 Billion |
| 2024 | 34.59% | 6.36% | 1.30x | 4.19x | $4.11 Billion |
| 2025 | 34.34% | 6.28% | 1.21x | 4.50x | $3.95 Billion |
Industry Comparison
This section compares United Parcel Service Inc's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $233,854,015
- Average return on equity (ROE) among peers: 8.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| United Parcel Service Inc (UPS) | $16.25 Billion | 24.27% | 3.50x | $71.96 Billion |
| Andlauer Healthcare Group Inc (ANDHF) | $146.76 Million | 13.05% | 0.75x | $469.38 Million |
| Aqua Power Systems Inc (APSI) | $-106.64K | 0.00% | 0.00x | $383.65K |
| A-Sonic Aerospace Limited (ASNCF) | $45.77 Million | 2.15% | 0.91x | $7.03 Million |
| Addentax Group Corp (ATXG) | $3.16K | 5.06% | 2.57x | $2.92 Million |
| bpost SA/NV (BPOSF) | $682.60 Million | 22.59% | 4.53x | $472.00 Million |
| Armlogi Holding Corp. Common Stock (BTOC) | $39.24 Million | 18.96% | 3.26x | $4.17 Million |
| Compañía de Distribución Integral Logista Holdings S.A (CDNIF) | $416.56 Million | 22.05% | 8.13x | $1.70 Billion |
| Cargojet Inc (CGJTF) | $67.97 Million | 12.01% | 0.98x | $791.09 Million |
| CH Robinson Worldwide Inc (CHRW) | $939.72 Million | 44.26% | 1.98x | $20.09 Billion |
| Tianci International, Inc. Common Stock (CIIT) | $18.76K | -53.32% | 1.09x | $14.82 Million |