UPS Debt/Equity Ratio - UNITED PARCEL SERVICE INC

Complete source-backed debt/equity ratio history.

Available history: 2009-12-31 to 2023-06-30
Data captured: 2026-09-04

Historical Debt/Equity Ratio

Date	Debt/Equity Ratio
2023-06-30	1.04
2023-03-31	1.11
2022-12-31	0.99
2022-09-30	1.2
2022-06-30	1.26
2022-03-31	1.42
2021-12-31	1.54
2021-09-30	1.84
2021-06-30	2.09
2021-03-31	3.32
2020-12-31	37.53
2020-09-30	4.6
2020-06-30	6.18
2020-03-31	8.67
2019-12-31	7.73
2019-09-30	4.3
2019-06-30	5.31
2019-03-31	6.68
2018-12-31	7.53
2018-09-30	7.52
2018-06-30	9.76
2018-03-31	17.18
2017-12-31	24.44
2017-09-30	12.53
2017-06-30	14.53
2017-03-31	32.22
2016-12-31	39.69
2016-09-30	5.59
2016-06-30	5.47
2016-03-31	6.28
2015-12-31	5.8
2015-09-30	7.57
2015-06-30	6.74
2015-03-31	7.16
2014-12-31	5.03
2014-09-30	2.18
2014-06-30	2.13
2014-03-31	1.93
2013-12-31	1.68
2013-09-30	3.46
2013-06-30	3.3
2013-03-31	3.14
2012-12-31	2.77
2012-09-30	1.99
2012-06-30	1.7
2012-03-31	1.62
2011-12-31	1.58
2011-09-30	1.59
2011-06-30	1.47
2011-03-31	1.48
2010-12-31	1.36
2010-09-30	0.9
2010-06-30	0.89
2009-12-31	1.02

Annual Debt/Equity Ratio

Date	Debt/Equity Ratio
2022-12-31	0.99
2021-12-31	1.54
2020-12-31	37.53
2019-12-31	7.73
2018-12-31	7.53
2017-12-31	24.44
2016-12-31	39.69
2015-12-31	5.8
2014-12-31	5.03
2013-12-31	1.68
2012-12-31	2.77
2011-12-31	1.58
2010-12-31	1.36
2009-12-31	1.02