United Parcel Service, Inc (UPS) Return on equity 2016–2025
United Parcel Service, Inc (UPS) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
34.3%FY2025 · since FY2016: 844.9% → 34.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 34.3% | -0.2 pp |
| FY2024 | 34.6% | -4.2 pp |
| FY2023 | 38.8% | -19.6 pp |
| FY2022 | 58.4% | -32.1 pp |
| FY2021 | 90.4% | -114.0 pp |
| FY2020 | 204.4% | +68.5 pp |
| FY2019 | 135.9% | -22.7 pp |
| FY2018 | 158.6% | -334.9 pp |
| FY2017 | 493.5% | -351.5 pp |
| FY2016 | 844.9% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice