EBITDA for United Parcel Service (UPS)
According to United Parcel Service's latest reported financial statements, the company's current EBITDA (TTM) is $12.02B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$12.02B
YoY change
+2.6%
5Y CAGR
+18.5%
Peak year (2021)
$20.23B
Cumulative EBITDA
$217.99B
EBITDA history chart for United Parcel Service (UPS) from 1998 to 2025
EBITDA history table for United Parcel Service (UPS) from 1998 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $12.22B | +2.6% | ||
| 2024 | $11.91B | -6.3% | ||
| 2023 | $12.71B | -32.0% | ||
| 2022 | $18.71B | -7.5% | ||
| 2021 | $20.23B | +287.1% | ||
| 2020 | $5.23B | -39.5% | ||
| 2019 | $8.64B | -1.8% | ||
| 2018 | $8.80B | -10.6% | ||
| 2017 | $9.84B | +27.6% | ||
| 2016 | $7.71B | -20.5% | ||
| 2015 | $9.70B | +41.8% | ||
| 2014 | $6.84B | -23.3% | ||
| 2013 | $8.91B | +177.2% | ||
| 2012 | $3.21B | -60.8% | ||
| 2011 | $8.21B | +5.9% | ||
| 2010 | $7.76B | +38.4% | ||
| 2009 | $5.61B | -22.9% | ||
| 2008 | $7.27B | +200.2% | ||
| 2007 | $2.42B | -71.4% | ||
| 2006 | $8.47B | +7.3% | ||
| 2005 | $7.89B | +19.3% | ||
| 2004 | $6.61B | +48.8% | ||
| 2003 | $4.45B | -4.3% | ||
| 2002 | $4.64B | +17.2% | ||
| 2001 | $3.96B | -313.6% | ||
| 2000 | -$1.85B | -149.7% | ||
| 1999 | $3.73B | -10.4% | ||
| 1998 | $4.16B | — |
EBITDA values are taken from United Parcel Service's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of United Parcel Service (UPS) EBITDA is $12.22B – edged up 2.6% year-over-year.
Across 2020–2025 (5 years), United Parcel Service EBITDA produced a CAGR of +18.5% – with the latest reading among the more recent periods of the dataset.
United Parcel Service EBITDA peaked at $20.23B in 2021; the latest annual figure is $12.22B in 2025 (39.6% below peak).
2021 marks the peak EBITDA at $20.23B, with the historical low of -$1.85B recorded in 2000.
Among 8 Industrials peers, United Parcel Service (UPS) ranks 4th; the peer median for EBITDA is $11.86B.
United Parcel Service EBITDA by Year
United Parcel Service EBITDA 2025: $12.22B
United Parcel Service EBITDA in 2025 was $12.22B, edged up 2.6% from 2024.
United Parcel Service EBITDA 2024: $11.91B
United Parcel Service EBITDA in 2024 was $11.91B, declined 6.3% below 2023.
United Parcel Service EBITDA 2023: $12.71B
United Parcel Service EBITDA in 2023 was $12.71B, plunged 32.0% below 2022.
United Parcel Service EBITDA 2022: $18.71B
United Parcel Service EBITDA in 2022 was $18.71B, declined 7.5% below 2021.
United Parcel Service EBITDA 2021: $20.23B
United Parcel Service EBITDA in 2021 was $20.23B.
See more financial history for United Parcel Service (UPS).
Sector peers — EBITDA
Companies in the same sector as United Parcel Service, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $14.86B | Industrials |
| Union Pacific Corporation (UNP) | $12.95B | Industrials |
| RTX Corporation (RTX) | $12.89B | Industrials |
| GE Aerospace (GE) | $12.06B | Industrials |
| Deere & Company (DE) | $11.66B | Industrials |
| Honeywell International Inc. (HON) | $8.21B | Industrials |
| The Boeing Company (BA) | $7.36B | Industrials |
| Eaton Corporation plc (ETN) | $5.95B | Industrials |
Frequently asked questions
What is United Parcel Service's EBITDA?
- Latest reported EBITDA for United Parcel Service (UPS) is $12.02B (period ending December 31, 2025).
How has United Parcel Service EBITDA changed year-over-year?
- United Parcel Service (UPS) EBITDA changed +2.6% year-over-year on the latest annual filing.
What is the long-term growth rate of United Parcel Service EBITDA?
- United Parcel Service (UPS) EBITDA compound annual growth rate is +18.5% over the most recent 5 years available.
When did United Parcel Service EBITDA hit its highest annual value?
- United Parcel Service EBITDA reached its highest annual value of $20.23B in 2021.
What was United Parcel Service EBITDA in 2024?
- United Parcel Service (UPS) EBITDA in 2024 was $11.91B.
What was United Parcel Service EBITDA in 2025?
- United Parcel Service (UPS) EBITDA in 2025 was $12.22B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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