Is (UPS) Outperforming Other Transportation Stocks This Year?
United Parcel Service, Inc. (NYSE:UPS) released third quarter results yesterday. The market evidently approved of these results and is anticipating a strong holiday season despite the ongoing supply chain issues. One aspect of UPS that may concern investors is the high level of debt. The company’s debt to equity ratio is 2.05 which is very high, so we decided to take a closer look at how manageable this debt is.