United Parcel Service, Inc.
UPS
Jodie read · what matters now
Operating cash flow covered net income at 2.57x, improving versus the comparable period.
The story is only the start. Jodie keeps watching the filing evidence, the companies connected to UPS, and whether its market group begins moving.
Latest filing assessment · baseline
The latest filing shows material pressure
10-Q filed 2026-05-06 against the comparable filing from 2025-05-07.
What improved
- Operating cash flow covered net income at 2.57x, improving versus the comparable period.
What weakened
- Revenue decreased 1.6% versus the comparable filing period.
- Operating margin fell 1.8 percentage points.
- Net income decreased 27.2% versus the comparable filing period.
Filing receipts
“Within our Forwarding businesses, revenue decreased $70 million primarily driven by lower volumes from international airfreight and change in product mix that drove growth in volume but at lower rates from ocean freight.”
“Operating profit and operating margin decreased primarily due to the lower volumes in our global small package operations and the cost pressures described above, partially offset by the impact of revenue quality efforts and improvements within SCS.”
“Ground transportation expense decreased $24 million primarily due to the impact of volume declines related to our Mail Innovations business, which was partially offset by an increase in fees paid to the USPS associated with outsourcing our Ground Saver product, and expense increases in our digital businesses due to overall growth.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Who this business touches
The relationships behind UPS
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depended on by
Filing peers
Companies whose filings use similar operating language.
You can see the shape of the network here. Pro opens 5 more links, the original filing receipts, and alerts when connected names begin moving. See Pro →
What is moving around it
Live connections
UPS is currently a Participant in the organic co-movement group Trucking and Logistics. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Theme membership history
No durable theme membership has been observed for this name yet.