What is the current annual gross margin of UPS?

As of today, UPS annual gross margin is 18.08%

What is 1-year change in UPS annual gross margin?

UPS annual gross margin is down -3.68% year-over-year

What is 3-year change in UPS annual gross margin?

UPS annual gross margin is down -9.92% over the past 3 years

How far is UPS annual gross margin from its all-time high?

UPS annual gross margin is currently -41.45% below its historical high of 30.88% set on December 1, 1995

How does UPS annual gross margin rank versus sector peers?

UPS annual gross margin is higher than 36.21% of companies in Industrials sector

When is UPS next annual earnings release?

As of today, the next annual earnings release for UPS has not been scheduled

What is the current quarterly gross margin of UPS?

As of today, UPS quarterly gross margin is 13.01%

What is UPS quarterly gross margin most recent change?

UPS quarterly gross margin was down -19.09% on June 30, 2026

What is 1-year change in UPS quarterly gross margin?

UPS quarterly gross margin is down -27.84% year-over-year

How far is UPS quarterly gross margin from its all-time high?

UPS quarterly gross margin is currently -84.28% below its historical high of 82.77% set on June 30, 1999

How does UPS quarterly gross margin rank versus sector peers?

UPS quarterly gross margin is higher than 19.60% of companies in Industrials sector

When is UPS next earnings release?

The next earnings release for UPS is on October 27, 2026

UPS Gross Margin History & Chart Since 1994

Annual Gross Margin

18.08%0.69%-3.68%

December 31, 2025

Summary

Current Value: As of today, UPS annual gross margin is 18.08%, down -3.68% on December 31, 2025
Historical Performance: UPS annual gross margin is down -9.92% over the past 3 years, down -29.92% over the past 5 years
All-Time High Comparison: UPS annual gross margin is currently -41.45% below its historical high of 30.88% set on December 1, 1995
3-Year Low Comparison: UPS annual gross margin is at its 3-year low
Sector Comparison: UPS annual gross margin is higher than 36.21% of companies in Industrials sector

Gross Margin Chart

beforeafter

Performance

UPS Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	18.08%	-3.7%	-9.9%	-29.9%	-8.3%
Quarterly Gross Margin	Jun 30, 26	13.01%	-27.8%	-38.9%	-39.6%	-37.1%
Price	Aug 10, 26	$104.72	+21.3%	-40.7%	-45.6%	+61.8%
PE Ratio	Aug 10, 26	19.49	+51.9%	+27.3%	-28.9%	+22.0%
Annual Revenue	Dec 31, 25	$88.64B	-2.5%	-11.4%	+5.0%	+79.3%
Annual Gross Profit	Dec 31, 25	$16.03B	-6.0%	-20.2%	-26.4%	+64.4%
Annual Operating Margin	Dec 31, 25	8.87%	-7.2%	-31.6%	-4.4%	-23.6%
Annual Net Margin	Dec 31, 25	6.28%	-1.3%	-45.6%	+295.0%	-10.9%

Gross Margin Highs

UPS Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	20.07%	N/A	-9.9%
5Y	25.80%	N/A	-29.9%
All	30.88%	Dec 1, 95	-41.5%

Gross Margin Lows

UPS Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	18.08%	Dec 31, 25	at low
5Y	17.93%	Dec 31, 21	+0.8%
All	10.72%	Dec 31, 07	+68.7%

Gross Margin History

Year	Value	Change
2025	18.08%	-3.7%
2024	18.77%	-3.8%
2023	19.51%	-2.8%
2022	20.07%	+11.9%
2021	17.93%	-30.5%
2020	25.80%	+18.5%
2019	21.77%	+10.5%
2018	19.70%	-1.8%
2017	20.06%	-1.6%
2016	20.39%	-2.3%
2015	20.86%	+3.8%
2014	20.10%	-2.3%
2013	20.57%	+7.4%
2012	19.16%	-8.7%
2011	20.98%	+6.4%
2010	19.72%	+12.2%

Year	Value	Change
2009	17.57%	-15.7%
2008	20.84%	+94.4%
2007	10.72%	-54.2%
2006	23.42%	-3.3%
2005	24.23%	-1.3%
2004	24.56%	+2.2%
2003	24.03%	-3.6%
2002	24.94%	+4.7%
2001	23.83%	-8.8%
2000	26.12%	+1.7%
1999	25.69%	+6.7%
1998	24.08%	-18.2%
1997	29.42%	-0.6%
1996	29.59%	-4.2%
1995	30.88%	+7.4%
1994	28.75%	-

FAQ

What is the current annual gross margin of UPS?: As of today, UPS annual gross margin is 18.08%
What is 1-year change in UPS annual gross margin?: UPS annual gross margin is down -3.68% year-over-year
What is 3-year change in UPS annual gross margin?: UPS annual gross margin is down -9.92% over the past 3 years
How far is UPS annual gross margin from its all-time high?: UPS annual gross margin is currently -41.45% below its historical high of 30.88% set on December 1, 1995
How does UPS annual gross margin rank versus sector peers?: UPS annual gross margin is higher than 36.21% of companies in Industrials sector
When is UPS next annual earnings release?: As of today, the next annual earnings release for UPS has not been scheduled

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

13.01%3.07%-19.09%

June 30, 2026

Summary

Current Value: As of today, UPS quarterly gross margin is 13.01%, down -19.09% on June 30, 2026
Historical Performance: UPS quarterly gross margin is down -27.84% year-over-year, down -38.89% over the past 3 years
All-Time High Comparison: UPS quarterly gross margin is currently -84.28% below its historical high of 82.77% set on June 30, 1999
3-Year Low Comparison: UPS quarterly gross margin is at its 3-year low
Sector Comparison: UPS quarterly gross margin is higher than 19.60% of companies in Industrials sector

Performance

UPS Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Jun 30, 26	13.01%	-19.1%	-27.8%	-38.9%	-39.6%
Annual Gross Margin	Dec 31, 25	18.08%	–	-3.7%	-9.9%	-29.9%
Price	Aug 10, 26	$104.72	+4.7%	+21.3%	-40.7%	-45.6%
PE Ratio	Aug 10, 26	19.49	+20.4%	+51.9%	+27.3%	-28.9%
Quarterly Revenue	Jun 30, 26	$22.85B	+7.7%	+7.7%	+3.8%	-2.4%
Quarterly Gross Profit	Jun 30, 26	$2.97B	-13.0%	-22.4%	-36.6%	-41.1%
Quarterly Operating Margin	Jun 30, 26	4.07%	-35.8%	-54.4%	-68.8%	-71.7%
Quarterly Net Margin	Jun 30, 26	2.65%	-34.9%	-56.2%	-72.0%	-76.8%

Quarterly Gross Margin Highs

UPS Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	21.08%	Dec 31, 25	-38.3%
3Y	21.29%	N/A	-38.9%
5Y	22.75%	Dec 31, 21	-42.8%
All	82.77%	Jun 30, 99	-84.3%

Quarterly Gross Margin Lows

UPS Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	13.01%	Jun 30, 26	at low
3Y	13.01%	Jun 30, 26	at low
5Y	13.01%	Jun 30, 26	at low
All	-120.96%	Sep 30, 01	+110.8%

Quarterly Gross Margin History

Month	Value	Change
Jun 2026	13.01%	-19.1%
Mar 2026	16.08%	-23.7%
Dec 2025	21.08%	+19.3%
Sep 2025	17.67%	-2.0%
Jun 2025	18.03%	+6.2%
Mar 2025	16.97%	-18.5%
Dec 2024	20.81%	+21.9%
Sep 2024	17.07%	-1.6%
Jun 2024	17.34%	+5.2%
Mar 2024	16.48%	-16.8%
Dec 2023	19.81%	+24.4%
Sep 2023	15.92%	-25.2%
Jun 2023	21.29%	+9.1%
Mar 2023	19.51%	-5.6%
Dec 2022	20.66%	-1.2%
Sep 2022	20.91%	-5.3%
Jun 2022	22.09%	+6.4%
Mar 2022	20.76%	-8.7%
Dec 2021	22.75%	+11.7%
Sep 2021	20.37%	-5.5%
Jun 2021	21.55%	+6.6%
Mar 2021	20.22%	+2.3%
Dec 2020	19.76%	+5.8%
Sep 2020	18.67%	-1.0%
Jun 2020	18.85%	+29.6%
Mar 2020	14.54%	-24.0%
Dec 2019	19.12%	+0.3%
Sep 2019	19.07%	-1.4%
Jun 2019	19.34%	+22.3%
Mar 2019	15.82%	-11.5%
Dec 2018	17.88%	+1.8%
Sep 2018	17.56%	-1.2%
Jun 2018	17.77%	+8.0%
Mar 2018	16.46%	-12.9%
Dec 2017	18.89%	+1.4%
Sep 2017	18.63%	-7.0%
Jun 2017	20.03%	+12.2%
Mar 2017	17.86%	-12.8%
Dec 2016	20.49%	-0.2%
Sep 2016	20.53%	-2.1%
Jun 2016	20.96%	+7.2%
Mar 2016	19.56%	-4.3%
Dec 2015	20.44%	-4.7%
Sep 2015	21.45%	+0.1%
Jun 2015	21.42%	+10.8%
Mar 2015	19.33%	+44.6%
Dec 2014	13.37%	-36.1%
Sep 2014	20.92%	+58.7%
Jun 2014	13.18%	-28.7%
Mar 2014	18.49%	-9.5%
Dec 2013	20.43%	-2.2%
Sep 2013	20.90%	-0.9%
Jun 2013	21.10%	+6.4%
Mar 2013	19.84%	+273.0%
Dec 2012	-11.47%	-185.2%
Sep 2012	13.46%	-37.5%
Jun 2012	21.52%	+10.0%
Mar 2012	19.57%	+11.3%
Dec 2011	17.59%	-13.6%

Month	Value	Change
Sep 2011	20.36%	-1.5%
Jun 2011	20.68%	+7.9%
Mar 2011	19.17%	-10.0%
Dec 2010	21.31%	+6.5%
Sep 2010	20.01%	+3.2%
Jun 2010	19.39%	+8.2%
Mar 2010	17.92%	-8.0%
Dec 2009	19.48%	+12.3%
Sep 2009	17.34%	+3.3%
Jun 2009	16.78%	+2.3%
Mar 2009	16.41%	-21.7%
Dec 2008	20.97%	-2.1%
Sep 2008	21.41%	+5.7%
Jun 2008	20.26%	-1.2%
Mar 2008	20.51%	+190.1%
Dec 2007	-22.77%	-197.6%
Sep 2007	23.34%	+0.4%
Jun 2007	23.24%	+2.7%
Mar 2007	22.62%	-1.8%
Dec 2006	23.04%	-3.3%
Sep 2006	23.83%	+0.8%
Jun 2006	23.63%	+1.9%
Mar 2006	23.20%	-6.6%
Dec 2005	24.83%	+6.7%
Sep 2005	23.26%	-7.0%
Jun 2005	25.00%	+5.4%
Mar 2005	23.73%	-3.0%
Dec 2004	24.47%	+1.0%
Sep 2004	24.23%	-1.9%
Jun 2004	24.69%	+3.7%
Mar 2004	23.81%	-20.2%
Dec 2003	29.84%	+24.8%
Sep 2003	23.91%	-1.6%
Jun 2003	24.31%	+7.0%
Mar 2003	22.72%	-15.2%
Dec 2002	26.80%	+12.7%
Sep 2002	23.78%	-4.6%
Jun 2002	24.93%	+3.4%
Mar 2002	24.11%	+1.0%
Dec 2001	23.87%	+119.7%
Sep 2001	-120.96%	-588.5%
Jun 2001	24.76%	+4.1%
Mar 2001	23.78%	-70.6%
Dec 2000	80.86%	-1.1%
Sep 2000	81.80%	-0.5%
Jun 2000	82.22%	+0.3%
Mar 2000	81.98%	+0.6%
Dec 1999	81.47%	-1.0%
Sep 1999	82.31%	-0.6%
Jun 1999	82.77%	+0.5%
Mar 1999	82.33%	>+9,900.0%
Dec 1998	0.00%	-100.0%
Sep 1998	37.50%	>+9,900.0%
Jun 1998	0.00%	0.0%
Mar 1998	0.00%	0.0%
Sep 1997	0.00%	0.0%
Jun 1997	0.00%	0.0%
Mar 1997	0.00%	-

FAQ

What is the current quarterly gross margin of UPS?: As of today, UPS quarterly gross margin is 13.01%
What is UPS quarterly gross margin most recent change?: UPS quarterly gross margin was down -19.09% on June 30, 2026
What is 1-year change in UPS quarterly gross margin?: UPS quarterly gross margin is down -27.84% year-over-year
How far is UPS quarterly gross margin from its all-time high?: UPS quarterly gross margin is currently -84.28% below its historical high of 82.77% set on June 30, 1999
How does UPS quarterly gross margin rank versus sector peers?: UPS quarterly gross margin is higher than 19.60% of companies in Industrials sector
When is UPS next earnings release?: The next earnings release for UPS is on October 27, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

UPS Official Website www.ups.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1090727/000162828026003510/0001628280-26-003510-index.htm
UPS Profile on Yahoo Finance finance.yahoo.com/quote/UPS
UPS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ups