UPS United Parcel Service

FY2025 10-K
Filed: Feb 17, 2026
Industrials
Trucking & Courier Services (No Air)SEC EDGAR

United Parcel Service (UPS) filed its fiscal year 2025 10-K annual report with the SEC on Feb 17, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Global package delivery and supply chain management services
  • No new products, services, or segments introduced or emphasized in current filing
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Management Discussion & Analysis

  • Revenue $88.7B, down 2.6% YoY ($91.1B in 2024) reflecting customer volume cuts and Coyote divestiture
  • Operating margin 8.9% vs 9.3% in 2024, operating profit $7.9B down 7.1%, net income $5.6B down 3.6%
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Risk Factors

  • Legal risk from contingent liabilities in employment and governmental claims, with no material losses recorded for 2025 but possible unpredictable judicial outcomes
  • Macroeconomic exposure in Global Freight Forwarding unit with goodwill $877M at risk; 100 bps higher discount rate or 10% cash flow reduction could trigger impairment
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Financial Summary
XBRL

Revenue

$88.7B

Net Income

$5.6B

Operating Margin

8.9%

Net Margin

6.3%

ROE

34.3%

Total Assets

$73.1B

EPS (Diluted)

$6.56

Operating Cash Flow

$8.4B

Source: XBRL data from United Parcel Service FY2025 10-K filing on SEC EDGAR. All figures in USD.

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