Ultra-high-strength structural steels are gaining popularity in civil engineering due to their exceptional strength-to-weight ratio. However, their inherent lower ductility compared to normal strength structural steel warrants particular attention and further investigation for safety assessment. In this study, a total of 24 specimens made of Q960 ultra-high-strength steel (UHSS), including 21 tensile specimens with various stress states and 3 three-point bending specimens, were tested to assess its mechanical behavior undergoing large deformation. Subsequently, the impact of stress state on plasticity, damage evolution and fracture initiation was analyzed and characterized. The Bai-Wierzbicki yield surface with a deviatoric associated flow rule was identified to characterize the complex plasticity behavior of Q960 UHSS. With respect to damage evolution, the stress-state dependent fracture energy Gf was proposed in this study to describe the damage softening behavior. The uncoupled Hosford-Coulomb locus with a non-linear weight function was utilized to predict the fracture initiation behavior. Finally, the utilized stress-state dependent constitutive models for Q960 UHSS, with the calibrated parameters and user-defined material subroutine VUMAT, were successfully verified through the three-point bending test with good agreement. Moreover, based on a parametric analysis of radius-to-thickness ratio, the bendability design regarding the minimum radius-to-thickness ratio of Q960 UHSS was proposed.