UPS · 10-Q · 2026Q3 · Full report
Income Tax Rate Changes
UNITED PARCEL SERVICE INC · 2026-11-04 · Importance 28 · Surprise 22
UPS's effective tax rate was 26.0% for the three months ended September 30, 2026, compared with 18.4% in the 2025 quarter. For the nine-month periods, the effective tax rate was 23.9% in 2026 versus 21.1% in 2025, while income tax expense decreased 18.4% to $1.011 billion. The non-GAAP adjusted effective tax rate was 23.3% for the quarter and 23.0% year to date, compared with 23.8% and 23.3%, respectively, in 2025.