MAAT INDEX

CLAIM #60545 · United Parcel Service Inc (UPS) · 2025Q4 earnings call · Jan 27, 2026 · due Dec 31, 2026

we will be exiting at a healthy double-digit margin that will take us into 2027.

Brian Dykes · CFO

PENDING
graded after results covering Dec 31, 2026 are reported

How to check this claim

Look at: International segment (or relevant segment) operating margin, as reported, exiting fiscal 2026 (Q4 2026)

It came true if: Operating margin >= 10.0% in Q4 2026

Where: Company quarterly earnings release / segment income statement (Q4 2026 report)

In context

rth quarter, that's going to roll into Q1. Additionally, as I mentioned in my prepared remarks, we had a lot of pull forward in 2025, so we've got a really tough comp. That's not only going to put pressure on the margin as we saw in the fourth quarter, but also push down profit in international. We expect profit to be down about 30% in the first quarter and then recover as we go throughout the year. In the second half, we will look at a very different business. As I articulated, SMB and enterprise will be growing mid-single digits. We will be in a much more efficient cost structure. We will still be driving good mid-single digit rep per piece improvement through our pricing, and our cost per piece will normalize as we right-size the driver staffing, realize the benefits of automation, and we will be exiting at a healthy double-digit margin that will take us into 2027. David Vernon: Alright. Thanks, guys. Matthew: Thank you. Your next question is coming from Tom Wadewitz from UBS. Your line is live. Tom Wadewitz: Yeah. Good morning. Wanted to see if you could give some thoughts on just kind of like the algorithm post the glide down with Amazon. Do we think about it as for domestic package, so do we think about it as kind of low single digits revenue growth? Would that be kind of what you would aim for? And what kind of pace of margin improvement can you consider? I know obviously, macro matters, so there are a lot of things you do not necessarily know. But maybe high level how you think about that. And then I guess within that, if we look into 2026-2027, I think you've talked about maybe like $400 to $500 million of EBIT headwind in '25 from the insourc

Verify independently

SEC filings for UPS · Claim quote is verbatim from the 2025Q4 earnings call.