Question 1

What is United Parcel Service's P/S ratio?

Accepted Answer

United Parcel Service (UPS) P/S ratio is 1.0× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for United Parcel Service?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For United Parcel Service specifically, the relevant sector benchmark is the current sector median of 3.1×.

Question 5

Is United Parcel Service's P/S ratio high or low?

Accepted Answer

United Parcel Service's P/S ratio of 1.0× is below its own 5-year average of 1.4× and below the sector median of 3.1×. That places the current reading at the 22th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is United Parcel Service's historical P/S ratio range?

Accepted Answer

In the available daily series, United Parcel Service (UPS) P/S ratio has ranged from a low of 0.8× in 2025 to a high of 2.6× in 2004. The 5-year average is 1.4× and the 5-year median is 1.4×.

Question 7

What was United Parcel Service's P/S ratio in 2025?

Accepted Answer

United Parcel Service (UPS) P/S ratio at the end of 2025 was 0.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does United Parcel Service's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$84.21B	$88.66B	0.9×	-0.2×	Dec 31, 2025
2024	$107.69B	$90.89B	1.2×	-0.3×	Dec 31, 2024
2023	$134.59B	$90.75B	1.5×	-0.0×	Dec 31, 2023
2022	$150.72B	$100.03B	1.5×	-0.4×	Dec 31, 2022
2021	$187.55B	$97.20B	1.9×	+0.2×	Dec 31, 2021
2020	$146.63B	$84.43B	1.7×	+0.4×	Dec 31, 2020
2019	$101.02B	$73.92B	1.4×	+0.2×	Dec 31, 2019
2018	$84.36B	$71.91B	1.2×	-0.4×	Dec 31, 2018
2017	$103.30B	$66.36B	1.6×	-0.1×	Dec 31, 2017
2016	$100.42B	$60.69B	1.7×	+0.2×	Dec 31, 2016
2015	$85.93B	$58.36B	1.5×	-0.3×	Dec 31, 2015
2014	$100.94B	$58.23B	1.7×	-0.0×	Dec 31, 2014
2013	$97.51B	$55.44B	1.8×	+0.5×	Dec 31, 2013
2012	$70.43B	$54.13B	1.3×	-0.0×	Dec 31, 2012
2011	$70.41B	$53.10B	1.3×	-0.1×	Dec 31, 2011
2010	$72.00B	$49.55B	1.5×	+0.2×	Dec 31, 2010
2009	$57.08B	$45.30B	1.3×	+0.2×	Dec 31, 2009
2008	$54.99B	$51.49B	1.1×	-0.4×	Dec 31, 2008
2007	$73.65B	$49.69B	1.5×	-0.2×	Dec 31, 2007
2006	$80.01B	$47.55B	1.7×	-0.3×	Dec 31, 2006
2005	$82.33B	$42.58B	1.9×	-0.7×	Dec 31, 2005
2004	$96.64B	$36.58B	2.6×	+0.1×	Dec 31, 2004
2003	$83.94B	$33.48B	2.5×	+0.2×	Dec 31, 2003
2002	$71.13B	$31.27B	2.3×	+0.3×	Dec 31, 2002
2001	$61.27B	$30.65B	2.0×	—	Dec 31, 2001


Lockheed Martin (LMT)	1.8×
Boeing (BA)	1.8×
General Dynamics (GD)	1.8×
Expeditors International (EXPD)	1.7×
Gartner (IT)	1.7×
J.B. Hunt Transport Services (JBHT)	1.7×
Pool (POOL)	1.4×
C.H. Robinson Worldwide (CHRW)	1.2×
Alamo Group (ALG)	1.2×
Huntington Ingalls Industries (HII)	1.2×
Jacobs Solutions (J)	1.1×
Textron (TXT)	1.0×
Tennant (TNC)	1.0×
FedEx (FDX)	0.8×
AGCO (AGCO)	0.8×
Versant Media Group, Inc. Class A (VSNT)	0.8×
Stanley Black & Decker (SWK)	0.7×
Matthews International (MATW)	0.7×
Delta Air Lines (DAL)	0.7×
Southwest Airlines (LUV)	0.6×
Builders FirstSource (BLDR)	0.6×
United Airlines Holdings (UAL)	0.5×
Amentum Holdings (AMTM)	0.5×
Alaska Air Group (ALK)	0.3×
ABM Industries (ABM)	0.3×

P/S Ratio for United Parcel Service (UPS)

P/S Ratio daily chart for United Parcel Service (UPS)

Historical P/S Ratio for United Parcel Service (UPS) from 2001 to 2025

About P/S Ratio at United Parcel Service (UPS)

United Parcel Service P/S Ratio by Year

United Parcel Service P/S Ratio 2025: 0.9×

United Parcel Service P/S Ratio 2024: 1.2×

United Parcel Service P/S Ratio 2023: 1.5×

United Parcel Service P/S Ratio 2022: 1.5×

United Parcel Service P/S Ratio 2021: 1.9×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

United Parcel Service (UPS) Key Financials

P/S Ratio daily chart for United Parcel Service (UPS)

Historical P/S Ratio for United Parcel Service (UPS) from 2001 to 2025

About P/S Ratio at United Parcel Service (UPS)

United Parcel Service P/S Ratio by Year

United Parcel Service P/S Ratio 2025: 0.9×

United Parcel Service P/S Ratio 2024: 1.2×

United Parcel Service P/S Ratio 2023: 1.5×

United Parcel Service P/S Ratio 2022: 1.5×

United Parcel Service P/S Ratio 2021: 1.9×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is United Parcel Service's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

+What is a good P/S ratio for United Parcel Service?

+Is United Parcel Service's P/S ratio high or low?

+What is United Parcel Service's historical P/S ratio range?

+What was United Parcel Service's P/S ratio in 2025?

+Why does United Parcel Service's P/S ratio change over time?

United Parcel Service (UPS) Key Financials