Is it safe?
Can UPS take a bad year?
United Parcel Service carries $19.8B of net debt at 1.90× EBITDA: a load its earnings can carry.
$19.8B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.90×
Net debt / EBITDA · 1.53× a year ago · the load is going up
- Altman Z-score
- 2.96
Altman Z-score · grey zone, between 1.8 and 3
- Interest cover
- 6.01×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ2 2026
- $24.5B
- Cash and short-term investments
- $4.65B
- Net debt
- $19.8B
- EBITDA, trailing twelve months
- $10.4B
- Operating profit, trailing twelve months
- $6.58B
- Debt / equity
- 1.63×
- Total debt / EBITDA
- 2.35×
- Annualised volatilitytwo years of daily moves
- 31%
- Worst drawdown on file
- −58%
- Below its 52-week high
- −10%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Integrated Freight & Logistics
Ranks #3 of 10 by Smart Score