Current Ratio
since 2005
Calculation
United Parcel Service Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 1.10 | = | 19,413) | ÷ | 17,676) |
| Dec 31, 2022 | 1.22 | = | 22,217) | ÷ | 18,140) |
| Dec 31, 2021 | 1.42 | = | 24,934) | ÷ | 17,569) |
| Dec 31, 2020 | 1.19 | = | 20,216) | ÷ | 17,016) |
| Dec 31, 2019 | 1.11 | = | 17,103) | ÷ | 15,413) |
| Dec 31, 2018 | 1.15 | = | 16,210) | ÷ | 14,087) |
| Dec 31, 2017 | 1.22 | = | 15,548) | ÷ | 12,708) |
| Dec 31, 2016 | 1.18 | = | 13,849) | ÷ | 11,730) |
| Dec 31, 2015 | 1.23 | = | 13,208) | ÷ | 10,696) |
| Dec 31, 2014 | 1.37 | = | 11,808) | ÷ | 8,639) |
| Dec 31, 2013 | 1.88 | = | 13,387) | ÷ | 7,131) |
| Dec 31, 2012 | 1.86 | = | 15,591) | ÷ | 8,390) |
| Dec 31, 2011 | 1.89 | = | 12,284) | ÷ | 6,514) |
| Dec 31, 2010 | 1.96 | = | 11,569) | ÷ | 5,902) |
| Dec 31, 2009 | 1.49 | = | 9,275) | ÷ | 6,239) |
| Dec 31, 2008 | 1.13 | = | 8,845) | ÷ | 7,817) |
| Dec 31, 2007 | 1.20 | = | 11,760) | ÷ | 9,840) |
| Dec 31, 2006 | 1.40 | = | 9,377) | ÷ | 6,719) |
| Dec 31, 2005 | 1.62 | = | 11,003) | ÷ | 6,793) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
United Parcel Service Inc., current ratio, long-term trends, comparison to competitors
| United Parcel Service Inc. | FedEx Corp. | Uber Technologies Inc. | Union Pacific Corp. | United Airlines Holdings Inc. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 1.10 | 1.37 | 1.19 | 0.81 | 0.83 |
| Dec 31, 2022 | 1.22 | 1.43 | 1.04 | 0.72 | 1.00 |
| Dec 31, 2021 | 1.42 | 1.51 | 0.98 | 0.62 | 1.19 |
| Dec 31, 2020 | 1.19 | 1.58 | 1.44 | 1.01 | 1.16 |
| Dec 31, 2019 | 1.11 | 1.45 | 2.47 | 0.79 | 0.55 |
| Dec 31, 2018 | 1.15 | 1.39 | — | 0.90 | 0.54 |
| Dec 31, 2017 | 1.22 | 1.59 | — | 1.02 | 0.56 |
| Dec 31, 2016 | 1.18 | 1.50 | — | 0.99 | 0.59 |
| Dec 31, 2015 | 1.23 | 1.84 | — | 1.29 | 0.63 |
| Dec 31, 2014 | 1.37 | 1.82 | — | 1.24 | 0.65 |
| Dec 31, 2013 | 1.88 | 1.96 | — | 1.05 | 0.72 |
| Dec 31, 2012 | 1.86 | 1.69 | — | 1.16 | 0.78 |
| Dec 31, 2011 | 1.89 | 1.70 | — | 1.12 | 0.97 |
| Dec 31, 2010 | 1.96 | 1.57 | — | 1.16 | 0.95 |
| Dec 31, 2009 | 1.49 | 1.57 | — | 1.37 | 0.79 |
| Dec 31, 2008 | 1.13 | 1.35 | — | 0.98 | 0.67 |
| Dec 31, 2007 | 1.20 | 1.22 | — | 0.85 | 0.76 |
| Dec 31, 2006 | 1.40 | 1.18 | — | 0.68 | 0.79 |
| Dec 31, 2005 | 1.62 | 1.11 | — | 0.69 | 0.81 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Transportation)
United Parcel Service Inc., current ratio, long-term trends, comparison to sector (transportation)
| United Parcel Service Inc. | Transportation | |
|---|---|---|
| Dec 31, 2023 | 1.10 | 1.06 |
| Dec 31, 2022 | 1.22 | 1.14 |
| Dec 31, 2021 | 1.42 | 1.24 |
| Dec 31, 2020 | 1.19 | 1.28 |
| Dec 31, 2019 | 1.11 | 1.13 |
| Dec 31, 2018 | 1.15 | 0.98 |
| Dec 31, 2017 | 1.22 | 1.06 |
| Dec 31, 2016 | 1.18 | 1.03 |
| Dec 31, 2015 | 1.23 | 1.12 |
| Dec 31, 2014 | 1.37 | 1.14 |
| Dec 31, 2013 | 1.88 | 1.30 |
| Dec 31, 2012 | 1.86 | 1.29 |
| Dec 31, 2011 | 1.89 | 1.35 |
| Dec 31, 2010 | 1.96 | 1.31 |
| Dec 31, 2009 | 1.49 | 1.26 |
| Dec 31, 2008 | 1.13 | 1.02 |
| Dec 31, 2007 | 1.20 | 1.03 |
| Dec 31, 2006 | 1.40 | 1.04 |
| Dec 31, 2005 | 1.62 | 1.13 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Industrials)
United Parcel Service Inc., current ratio, long-term trends, comparison to industry (industrials)
| United Parcel Service Inc. | Industrials | |
|---|---|---|
| Dec 31, 2023 | 1.10 | 1.16 |
| Dec 31, 2022 | 1.22 | 1.20 |
| Dec 31, 2021 | 1.42 | 1.29 |
| Dec 31, 2020 | 1.19 | 1.41 |
| Dec 31, 2019 | 1.11 | 1.16 |
| Dec 31, 2018 | 1.15 | 1.14 |
| Dec 31, 2017 | 1.22 | 1.25 |
| Dec 31, 2016 | 1.18 | 1.22 |
| Dec 31, 2015 | 1.23 | 1.24 |
| Dec 31, 2014 | 1.37 | 1.27 |
| Dec 31, 2013 | 1.88 | 1.33 |
| Dec 31, 2012 | 1.86 | 1.31 |
| Dec 31, 2011 | 1.89 | 1.31 |
| Dec 31, 2010 | 1.96 | 1.29 |
| Dec 31, 2009 | 1.49 | 1.24 |
| Dec 31, 2008 | 1.13 | 1.07 |
| Dec 31, 2007 | 1.20 | 1.07 |
| Dec 31, 2006 | 1.40 | 1.06 |
| Dec 31, 2005 | 1.62 | 1.06 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).