Microsoft Excel LibreOffice Calc

United Parcel Service Inc. (UPS)

Debt to Equity
since 2005

Difficulty: Beginner

Calculation

United Parcel Service Inc., debt to equity, long-term trends, calculation

Microsoft Excel LibreOffice Calc
Debt to Equity = Long-term debt and commercial paper1 ÷ Equity for controlling interests1
Dec 31, 2005 0.24 = 3,980  ÷ 16,884 
Dec 31, 2006 0.27 = 4,116  ÷ 15,482 
Dec 31, 2007 0.90 = 11,018  ÷ 12,183 
Dec 31, 2008 1.46 = 9,871  ÷ 6,780 
Dec 31, 2009 1.25 = 9,521  ÷ 7,630 
Dec 31, 2010 1.36 = 10,846  ÷ 7,979 
Dec 31, 2011 1.58 = 11,128  ÷ 7,035 
Dec 31, 2012 2.77 = 12,870  ÷ 4,653 
Dec 31, 2013 1.68 = 10,872  ÷ 6,474 
Dec 31, 2014 5.04 = 10,787  ÷ 2,141 
Dec 31, 2015 5.80 = 14,334  ÷ 2,470 
Dec 31, 2016 39.69 = 16,075  ÷ 405 
Dec 31, 2017 24.29 = 24,289  ÷ 1,000 

1 USD $ in millions

Source: Based on data from United Parcel Service Inc. Annual Reports

Comparison to Competitors

United Parcel Service Inc., debt to equity, long-term trends, comparison to competitors

Microsoft Excel LibreOffice Calc
United Parcel Service Inc. CSX Corp. FedEx Corp. Union Pacific Corp.
Dec 31, 2005 0.24 0.76 0.29 0.54
Dec 31, 2006 0.27 0.67 0.21 0.44
Dec 31, 2007 0.90 0.84 0.21 0.49
Dec 31, 2008 1.46 0.97 0.14 0.58
Dec 31, 2009 1.25 0.91 0.19 0.58
Dec 31, 2010 1.36 1.00 0.14 0.52
Dec 31, 2011 1.58 1.09 0.11 0.48
Dec 31, 2012 2.77 1.09 0.11 0.45
Dec 31, 2013 1.68 0.91 0.17 0.45
Dec 31, 2014 5.04 0.87 0.31 0.54
Dec 31, 2015 5.80 0.92 0.48 0.69
Dec 31, 2016 39.69 0.97 1.01 0.75
Dec 31, 2017 24.29 0.80 0.93 0.68

Source: Based on data from United Parcel Service Inc. Annual Reports

Comparison to Industrial Transportation Sector

United Parcel Service Inc., debt to equity, long-term trends, comparison to Industrial Transportation sector

Microsoft Excel LibreOffice Calc
United Parcel Service Inc. Industrial Transportation
Dec 31, 2005 0.24 0.42
Dec 31, 2006 0.27 0.38
Dec 31, 2007 0.90 0.58
Dec 31, 2008 1.46 0.64
Dec 31, 2009 1.25 0.64
Dec 31, 2010 1.36 0.64
Dec 31, 2011 1.58 0.63
Dec 31, 2012 2.77 0.69
Dec 31, 2013 1.68 0.59
Dec 31, 2014 5.04 0.74
Dec 31, 2015 5.80 0.93
Dec 31, 2016 39.69 1.23
Dec 31, 2017 24.29 1.20

Source: Based on data from United Parcel Service Inc. Annual Reports

Comparison to Industrials Industry

United Parcel Service Inc., debt to equity, long-term trends, comparison to Industrials industry

Microsoft Excel LibreOffice Calc
United Parcel Service Inc. Industrials
Dec 31, 2005 0.24 1.63
Dec 31, 2006 0.27 1.83
Dec 31, 2007 0.90 2.01
Dec 31, 2008 1.46 2.53
Dec 31, 2009 1.25 2.17
Dec 31, 2010 1.36 1.94
Dec 31, 2011 1.58 1.90
Dec 31, 2012 2.77 1.72
Dec 31, 2013 1.68 1.39
Dec 31, 2014 5.04 1.50
Dec 31, 2015 5.80 1.30
Dec 31, 2016 39.69 1.31
Dec 31, 2017 24.29 1.36

Source: Based on data from United Parcel Service Inc. Annual Reports