GRAB vs. UPS: Grab vs. United Parcel Service Stock Comparison

November 11, 2026

How do Grab (GRAB) and United Parcel Service (UPS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Grab (GRAB) and United Parcel Service (UPS) both fall under the Transportation industry group, but GRAB is classified in Ground Transportation while UPS is classified in Air Freight & Logistics.

United Parcel Service (UPS) has more than two decades of public-market history since November 10, 1999, whereas Grab (GRAB) listed on December 1, 2020 and has a much shorter record to draw on.

Company profile comparison for Grab (GRAB) and United Parcel Service (UPS)
Profile Item	GRAB	UPS
Name	Grab Holdings Ltd. Class A	United Parcel Service, Inc. Class B Common Stock
Country/Region	Singapore	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Transportation	Transportation
GICS Industry	Ground Transportation	Air Freight & Logistics
GICS Sub-Industry	Passenger Ground Transportation	Air Freight & Logistics
Market Capitalization	13.77 billion USD	92.21 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	December 1, 2020	November 10, 1999
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

GRAB

UPS

GSPC

Grab (GRAB) vs. United Parcel Service (UPS), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Grab (GRAB) and United Parcel Service (UPS). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Grab (GRAB) and United Parcel Service (UPS). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Grab (GRAB) and United Parcel Service (UPS)
Metric	GRAB	UPS
Total Return (1Y)	-38.94%	23.57%
Total Return (3Y, Annualized)	1.05%	-1.91%
Total Return (5Y, Annualized)	-26.29%	-7.66%

Risk Profile

Drawdown History

GRAB

UPS

GSPC

Grab (GRAB) vs. United Parcel Service (UPS), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Grab (GRAB) and United Parcel Service (UPS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Grab (GRAB) and United Parcel Service (UPS)
Metric	GRAB	UPS
Volatility (1Y, Annualized)	39.77%	29.76%
Beta (5Y)	0.74	0.95
Max Drawdown (5Y)	-86.46%	-57.92%
Avg. Volume (3M)	61.91M	4.77M

Risk-Adjusted Performance

Risk-Return Positioning

GRAB and UPS are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Grab (GRAB) and United Parcel Service (UPS)
Metric	GRAB	UPS
Sharpe Ratio (1Y)	-1.09	0.65
Sortino Ratio (1Y)	-1.55	0.89

Profitability

ROE (TTM)

United Parcel Service (UPS) at 28.65% sits in the top ROE quartile, while Grab (GRAB) at 7.64% is closer to the peer norm — stronger capital efficiency for UPS.

GRAB

Transportation industry group

7.64%

Max: 45.08%
Q3: 22.02%
Median: 13.94%
GRAB: 7.64%
Q1: 2.89%
Min: -10.45%

UPS

Transportation industry group

28.65%

Max: 45.08%
UPS: 28.65%
Q3: 22.02%
Median: 13.94%
Q1: 2.89%
Min: -10.45%

Grab (GRAB) vs. United Parcel Service (UPS): A comparison of their ROE against the Transportation industry group benchmark.

Net Margin (TTM)

Both Grab (GRAB) at 14.79% and United Parcel Service (UPS) at 4.84% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

GRAB

Transportation industry group

14.79%

Max: 50.36%
Q3: 21.18%
GRAB: 14.79%
Median: 5.58%
Q1: 1.55%
Min: -11.37%

UPS

Transportation industry group

4.84%

Max: 50.36%
Q3: 21.18%
Median: 5.58%
UPS: 4.84%
Q1: 1.55%
Min: -11.37%

Grab (GRAB) vs. United Parcel Service (UPS): A comparison of their net margin against the Transportation industry group benchmark.

Operating Margin (TTM)

Both Grab (GRAB) at 10.07% and United Parcel Service (UPS) at 9.28% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

GRAB

Transportation industry group

10.07%

Max: 59.18%
Q3: 29.30%
Median: 11.50%
GRAB: 10.07%
Q1: 4.62%
Min: -8.91%

UPS

Transportation industry group

9.28%

Max: 59.18%
Q3: 29.30%
Median: 11.50%
UPS: 9.28%
Q1: 4.62%
Min: -8.91%

Grab (GRAB) vs. United Parcel Service (UPS): A comparison of their operating margin against the Transportation industry group benchmark.

Profitability Metrics

Profitability metrics for Grab (GRAB) and United Parcel Service (UPS)
Metric	GRAB	UPS
ROE (TTM)	7.64%	28.65%
ROA (TTM)	1.08%	7.23%
Net Margin (TTM)	14.79%	4.84%
Operating Margin (TTM)	10.07%	9.28%
Gross Margin (TTM)	41.44%	22.37%

Growth

Revenue Growth

Grab (GRAB) at 20.49% sits in the top revenue growth quartile, while United Parcel Service (UPS) at -2.65% is in the bottom quartile, showing a clear gap in revenue momentum.

Grab (GRAB) vs. United Parcel Service (UPS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: United Parcel Service (UPS) reports EPS growth of -2.81%, ranked against its industry; Grab (GRAB) has no EPS growth figure this period.

Grab (GRAB) vs. United Parcel Service (UPS): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Grab (GRAB) and United Parcel Service (UPS)
Metric	GRAB	UPS
Revenue Growth (YoY)	20.49%	-2.65%
Revenue Growth (3Y CAGR)	32.98%	-4.04%
EPS Growth (YoY)	--	-2.81%
EPS Growth (3Y CAGR)	--	-20.79%

Financial Strength

Current Ratio (MRQ)

Both Grab (GRAB) at 1.38 and United Parcel Service (UPS) at 1.24 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

GRAB

Transportation industry group

1.38

Max: 2.58
Q3: 1.62
GRAB: 1.38
Median: 1.16
Q1: 0.78
Min: 0.22

UPS

Transportation industry group

1.24

Max: 2.58
Q3: 1.62
UPS: 1.24
Median: 1.16
Q1: 0.78
Min: 0.22

Grab (GRAB) vs. United Parcel Service (UPS): A comparison of their current ratio against the Transportation industry group benchmark.

Debt / Equity (MRQ)

Grab (GRAB) at 0.29 keeps leverage in the lower quartile, while United Parcel Service (UPS) at 2.03 sits in the higher-leverage quartile.

GRAB

Transportation industry group

0.29

Max: 2.75
Q3: 1.37
Median: 0.78
Q1: 0.35
GRAB: 0.29
Min: 0.00

UPS

Transportation industry group

2.03

Max: 2.75
UPS: 2.03
Q3: 1.37
Median: 0.78
Q1: 0.35
Min: 0.00

Grab (GRAB) vs. United Parcel Service (UPS): A comparison of their debt-to-equity ratio against the Transportation industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Grab (GRAB) and United Parcel Service (UPS)
Metric	GRAB	UPS
Current Ratio (MRQ)	1.38	1.24
Debt / Equity (MRQ)	0.29	2.03
Net Debt / EBITDA	-8.58	1.94

Dividends

Dividend Yield (TTM)

Grab (GRAB) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile United Parcel Service (UPS) reports a yield of 5.91%, ranking against industry peers normally.

GRAB

Transportation industry group

0.00%

Max: 4.68%
Q3: 1.99%
Median: 0.74%
GRAB: 0.00%
Q1: 0.00%
Min: 0.00%

UPS

Transportation industry group

5.91%

UPS: 5.91%
Max: 4.68%
Q3: 1.99%
Median: 0.74%
Q1: 0.00%
Min: 0.00%

Grab (GRAB) vs. United Parcel Service (UPS): A comparison of their dividend yield against the Transportation industry group benchmark.

Dividend Payout Ratio (TTM)

United Parcel Service (UPS) reports payout ratio above 100% at 126.40%, meaning dividends exceeded current-period earnings; Grab (GRAB) pays no dividend (payout 0.00%).

GRAB

Transportation industry group

0.00%

Max: 100.89%
Q3: 41.68%
Median: 20.43%
GRAB: 0.00%
Q1: 0.00%
Min: 0.00%

UPS

Transportation industry group

126.40%

UPS: 126.40%
Max: 100.89%
Q3: 41.68%
Median: 20.43%
Q1: 0.00%
Min: 0.00%

Grab (GRAB) vs. United Parcel Service (UPS): A comparison of their payout ratio against the Transportation industry group benchmark.

Dividend Metrics

Dividend metrics for Grab (GRAB) and United Parcel Service (UPS)
Metric	GRAB	UPS
Dividend Yield (TTM)	0.00%	5.91%
Dividend Payout Ratio (TTM)	0.00%	126.40%

Valuation

P/E Ratio (TTM)

United Parcel Service (UPS) at 20.87 is near its industry’s usual P/E ratio, while Grab (GRAB) at 34.10 sits in the richer quartile — GRAB needs stronger growth or earnings quality to justify the premium.

GRAB

Transportation industry group

34.10

Max: 46.76
GRAB: 34.10
Q3: 30.87
Median: 20.58
Q1: 10.44
Min: 0.00

UPS

Transportation industry group

20.87

Max: 46.76
Q3: 30.87
UPS: 20.87
Median: 20.58
Q1: 10.44
Min: 0.00

Grab (GRAB) vs. United Parcel Service (UPS): A comparison of their P/E ratio against the Transportation industry group benchmark.

P/S Ratio (TTM)

United Parcel Service (UPS) at 1.01 is priced about in line with its industry on P/S ratio, while Grab (GRAB) at 3.47 sits in the pricier quartile — GRAB costs more per dollar of sales.

GRAB

Transportation industry group

3.47

Max: 4.35
GRAB: 3.47
Q3: 2.07
Median: 0.93
Q1: 0.53
Min: 0.04

UPS

Transportation industry group

1.01

Max: 4.35
Q3: 2.07
UPS: 1.01
Median: 0.93
Q1: 0.53
Min: 0.04

Grab (GRAB) vs. United Parcel Service (UPS): A comparison of their P/S ratio against the Transportation industry group benchmark.

P/B Ratio (MRQ)

Grab (GRAB) at 2.04 is valued about in line with its industry on P/B ratio, while United Parcel Service (UPS) at 6.15 carries an above-peer premium to book — UPS is pricier on assets.

GRAB

Transportation industry group

2.04

Max: 6.29
Q3: 3.39
GRAB: 2.04
Median: 1.90
Q1: 1.03
Min: -2.07

UPS

Transportation industry group

6.15

Max: 6.29
UPS: 6.15
Q3: 3.39
Median: 1.90
Q1: 1.03
Min: -2.07

Grab (GRAB) vs. United Parcel Service (UPS): A comparison of their P/B ratio against the Transportation industry group benchmark.

Valuation Metrics

Valuation metrics for Grab (GRAB) and United Parcel Service (UPS)
Metric	GRAB	UPS
P/E Ratio (TTM)	34.10	20.87
P/S Ratio (TTM)	3.47	1.01
P/B Ratio (MRQ)	2.04	6.15
Free Cash Flow Yield (TTM)	5.71%	6.79%