Current Liabilities
Operating Lease Liabilities (Current)
United Parcel Service, Inc. Operating Lease Liabilities (Current) decreased by 2.8% to $742M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.1%, from $720M to $742M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Current) shows an upward trend with a 6.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026May 6, 2026
How to read this metric
Higher values indicate a larger reliance on leased assets, which impacts cash flow commitments.
Detailed definition
This represents the current portion of obligations arising from operating leases for assets such as aircraft, vehicles,...
Peer comparison
High for logistics and airline companies that lease significant portions of their operational fleets.
Metric ID:
operating_lease_liabilities_currentHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $556M | $552M | $580M | $579M | $562M | $560M | $621M | $668M | $673M | $664M | $709M | $694M | $683M | $699M | $733M | $720M | $724M | $742M | $763M | $742M |
| QoQ Change | — | -0.7% | +5.1% | -0.2% | -2.9% | -0.4% | +10.9% | +7.6% | +0.7% | -1.3% | +6.8% | -2.1% | -1.6% | +2.3% | +4.9% | -1.8% | +0.6% | +2.5% | +2.8% | -2.8% |
| YoY Change | — | — | — | — | +1.1% | +1.4% | +7.1% | +15.4% | +19.8% | +18.6% | +14.2% | +3.9% | +1.5% | +5.3% | +3.4% | +3.7% | +6.0% | +6.2% | +4.1% | +3.1% |
Range$552M – $763M
CAGR+6.3%
Avg YoY Growth+7.2%
Median YoY Growth+4.7%
Operating Lease Liabilities (Current) at Other Companies
Frequently Asked Questions
- What is United Parcel Service, Inc.'s operating lease liabilities (current)?
- United Parcel Service, Inc. (UPS) reported operating lease liabilities (current) of $742M in Q1 2026.
- How has United Parcel Service, Inc.'s operating lease liabilities (current) changed year-over-year?
- United Parcel Service, Inc.'s operating lease liabilities (current) increased by 3.1% year-over-year, from $720M to $742M.
- What is the long-term trend for United Parcel Service, Inc.'s operating lease liabilities (current)?
- Over 5 years (2020 to 2025), United Parcel Service, Inc.'s operating lease liabilities (current) has grown at a 6.4% compound annual growth rate (CAGR), from $560M to $763M.
- What does operating lease liabilities (current) mean?
- The portion of lease payments due within the next year.