UPS Debt Analysis

United Parcel Service, Inc. - Total Debt & Leverage Ratios

Data as of 12/31/2025

Debt Health Rating

Moderate

Manageable debt with some risk

Key Debt Metrics

Total Debt

$27.38B

Combined long & short-term

Debt-to-Equity

1.69x

Leverage ratio

Interest Coverage

40.34x

Op. income / interest

Debt Structure

Long-term Debt

Due after 1 year

$23.59B

Short-term Debt

Due within 1 year

$3.79B

Annual Interest Expense

Cost of debt per year

$195.00M

Net Debt

Total debt minus cash

$21.49B

Leverage Ratios

Debt-to-Assets

Total debt / Total assets

37.5%

Debt Service Coverage

Cash flow / Interest

43.33x

Debt Activity (Annual)

New Debt Issued

$4.15B

Debt Repaid

$2.07B

Net Change

$2.08B

Adding debt

Balance Sheet Context

Cash & Equivalents

$5.89B

Total Assets

$73.09B

Stockholders Equity

$16.23B

Operating Income

$7.87B

Operating Cash Flow

$8.45B

View Detailed Debt Analysis

Explore maturity schedules, corporate bonds, and risk analysis

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Frequently Asked Questions

What is UPS total debt?

UPS has total debt of $27.38B, consisting of $23.59B in long-term debt and $3.79B in short-term debt.

What is UPS debt-to-equity ratio?

UPS's debt-to-equity ratio is 1.69x. This is a moderate level of leverage.

What is UPS interest coverage ratio?

UPS has an interest coverage ratio of 40.34x, meaning it generates 40.3 times its annual interest expense in operating income. This indicates strong ability to service debt.

Is UPS debt level healthy?

UPS has a debt health rating of "Moderate". Manageable debt with some risk. The company has been adding to its debt.

How much is UPS net debt?

UPS's net debt (total debt minus cash) is $21.49B. This represents the actual debt burden after accounting for cash reserves.

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