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Stocks UPS

United Parcel Service UPS

US equityMarket cap rank #209
$92.40
−$3.42 (-3.57%)
Market open · Sep 24, 1:10 pm ET
After hours $95.99 +0.18%
Open$95.62
Prev close$95.82
Day range$92.39 – $95.70
Volume3.72M
Market cap$78.60B
P/E (TTM)17.2
Dividend yield7.10%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$22.83B+7.6% YoY
Operating profit$930.00M-49.0% YoY
Net profit$604.00M-52.9% YoY
Diluted EPS$0.71-53.0% YoY
Free cash flow$166.00M+121.4% YoY
Operating cash flow$859.00M

Revenue, last 8 quarters

$22.2BSep '24$25.3BDec '24$21.5BMar '25$21.2BJun '25$21.4BSep '25$24.5BDec '25$21.2BMar '26$22.8BJun '26

Net profit, last 8 quarters

$1.5BSep '24$1.7BDec '24$1.2BMar '25$1.3BJun '25$1.3BSep '25$1.8BDec '25$864.0MMar '26$604.0MJun '26

Diluted EPS by quarter

1.80Sep '242.01Dec '241.40Mar '251.51Jun '251.55Sep '252.10Dec '251.02Mar '260.71Jun '26

Free cash flow by quarter

$655.0MSep '24$2.2BDec '24$1.4BMar '25$-775.0MJun '25$1.5BSep '25$2.6BDec '25$1.2BMar '26$166.0MJun '26

Annual revenue

$84.6BFY20$97.3BFY21$100.3BFY22$91.0BFY23$91.1BFY24$88.7BFY25

Profitability & balance sheet

Gross margin16.6%
Operating margin7.3%
Net margin5.1%
Return on equity29.7%
Return on assets6.4%
Return on invested capital12.3%
Current ratio1.18
Liabilities / assets78.8%
Cash & investments$4.65B
Total debt$27.94B
Net cash (debt)-$23.29B
Free cash flow / sales6.1%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • United States (U.S.) Domestic Package$14.93B 65.4%
  • International Package$5.04B 22.1%
  • Other revenues$2.86B 12.5%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $22.83B $21.20B $88.66B $24.48B $21.42B
Total Operating Revenue $22.83B $21.20B $88.66B $24.48B $21.42B
Cost of Revenue $19.86B $17.84B $72.63B $19.40B $17.93B
Gross Profit $2.97B $3.36B $16.03B $5.08B $3.49B
Operating Expense $2.04B $2.09B $8.16B $2.51B $1.68B
Other Operating Expenses $2.04B $2.09B $8.16B $2.51B $1.68B
Operating Profit $930.00M $1.27B $7.87B $2.58B $1.80B
Net Non-Operating Interest Income (Expense) -$272.00M -$266.00M -$1.02B -$266.00M -$291.00M
Non-Operating Interest Expense $272.00M $266.00M $1.02B $266.00M $291.00M
Other Income (Expense) $103.00M $123.00M $314.00M $63.00M $94.00M
Gain on Sale of Security $103.00M $123.00M $314.00M $63.00M $94.00M
Pretax Profit $761.00M $1.12B $7.16B $2.37B $1.61B
Tax $157.00M $260.00M $1.59B $581.00M $296.00M
Net Profit $604.00M $864.00M $5.57B $1.79B $1.31B
Profit from Continuing Operations $604.00M $864.00M $5.57B $1.79B $1.31B
Net Income to Parent Company $604.00M $864.00M $5.57B $1.79B $1.31B
Net Income to Common Stockholders $604.00M $864.00M $5.57B $1.79B $1.31B
Basic EPS $0.71 $1.02 $6.56 $2.11 $1.55
Diluted EPS $0.71 $1.02 $6.56 $2.10 $1.55
Dividend Per Share $1.64 $1.64 $6.56 $1.64 $1.64

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $71.27B $71.81B $73.09B $73.09B $71.39B
Total Current Assets $17.55B $17.79B $19.05B $19.05B $18.99B
Cash and Cash Equivalents & Short-Term Investments $4.65B $5.80B $5.89B $5.89B $6.83B
-Cash and Cash Equivalents $4.65B $5.80B $5.89B $5.89B $6.76B
Receivables $10.71B $9.95B $11.21B $11.21B $9.97B
-Accounts Receivable $10.71B $9.95B $11.21B $11.21B $9.97B
Other Current Assets $2.18B $2.04B $1.21B $1.21B $2.19B
Total Non-Current Assets $53.72B $54.02B $54.05B $54.05B $52.41B
Net PPE $41.91B $42.11B $41.99B $41.99B $41.96B
-Gross PPE $80.48B $80.08B $79.43B $79.43B $79.34B
-Accumulated Depreciation -$38.57B -$37.97B -$37.43B -$37.43B -$37.38B
Goodwill and Other Intangible Assets $9.72B $9.78B $9.86B $9.86B $8.27B
-Goodwill $5.77B $5.80B $5.84B $5.84B $4.81B
-Other Intangible Assets $3.95B $3.98B $4.02B $4.02B $3.46B
Non-Current Deferred Assets $155.00M $154.00M $140.00M $140.00M $158.00M
Other Non-Current Assets $1.93B $1.97B $2.05B $2.05B $2.02B
Total Liabilities $56.17B $56.02B $56.84B $56.84B $55.54B
Total Current Liabilities $14.88B $14.67B $15.62B $15.62B $14.55B
Payables $5.98B $5.91B $6.63B $6.63B $5.78B
-Accounts Payable $5.98B $5.91B $6.63B $6.63B $5.78B
Current Accrued Expenses $3.38B $3.24B $3.72B $3.72B $3.48B
Short-Term Debt and Capital Lease Obligation $1.36B $1.38B $1.37B $1.37B $1.67B
-Current Debt $634.00M $637.00M $608.00M $608.00M $932.00M
-Current Capital Lease Obligation $729.00M $742.00M $763.00M $763.00M $742.00M
Current Provisions $1.12B $1.10B $1.14B $1.14B $1.02B
Other Current Liabilities $1.96B $1.64B $1.38B $1.38B $1.37B
Total Non-Current Liabilities $41.29B $41.34B $41.22B $41.22B $40.99B
Long Term Debt and Capital Lease Obligation $27.31B $27.28B $27.22B $27.22B $27.54B
-Long Term Debt $23.85B $23.75B $23.52B $23.52B $23.85B
-Long Term Capital Lease Obligation $3.46B $3.53B $3.70B $3.70B $3.69B
Non-Current Deferred Liabilities $3.88B $3.77B $3.69B $3.69B $3.58B
Employee Benefits $6.34B $6.67B $6.57B $6.57B $6.19B
Other Non-Current Liabilities $3.75B $3.62B $3.74B $3.74B $3.69B
Total Equity $15.10B $15.79B $16.26B $16.26B $15.85B
Stockholders' Equity $15.07B $15.76B $16.23B $16.23B $15.82B
Capital Stock $9.00M $9.00M $9.00M $9.00M $9.00M
-Common Stock $9.00M $9.00M $9.00M $9.00M $9.00M
Additional Paid-In Capital $482.00M $382.00M $275.00M $275.00M $178.00M
Retained Earnings $18.83B $19.62B $20.15B $20.15B $19.75B
Less: Treasury Stock $3.00M $5.00M $5.00M $5.00M $5.00M
Gains/Losses Not Affecting Retained Earnings -$4.25B -$4.25B -$4.21B -$4.21B -$4.12B
Other Equity Interests $3.00M $5.00M $5.00M $5.00M $5.00M
Minority Interests $32.00M $28.00M $28.00M $28.00M $25.00M
Inventory $739.00M $739.00M
-Short Term Investments $68.00M

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $859.00M $2.22B $8.45B $3.30B $2.48B
Net cash flow from continuing operations $859.00M $2.22B $8.45B $3.30B $2.48B
Net Income from Continuing Operations $604.00M $864.00M $5.57B $1.79B $1.31B
Gain/Loss from Continuing Operations -$288.00M $136.00M -$352.00M $223.00M -$168.00M
Depreciation & Depletion & Amortization $980.00M $985.00M $3.75B $972.00M $926.00M
Deferred Tax $99.00M $45.00M -$8.00M $26.00M $50.00M
Other Non-Cash Items $74.00M $15.00M $180.00M $338.00M -$210.00M
Change in Working Capital -$733.00M $139.00M -$997.00M -$240.00M $641.00M
-Change in Receivables -$755.00M $1.09B -$382.00M -$1.24B $314.00M
-Change in Payables and Accrued Expense $340.00M -$948.00M -$163.00M $840.00M -$114.00M
-Change in Other Current Assets -$245.00M -$27.00M $65.00M $145.00M $60.00M
-Change in Other Current Liabilities -$73.00M $29.00M -$517.00M $11.00M $381.00M
Net cash flow from investing -$566.00M -$944.00M -$4.74B -$2.00B -$456.00M
Net Cash Flow from Continuing Investing Activities -$566.00M -$944.00M -$4.74B -$2.00B -$456.00M
Capital Expenditure -$693.00M -$1.03B -$3.69B -$716.00M -$970.00M
Net Business Purchase and Sale $116.00M $82.00M -$1.27B -$1.37B $494.00M
Net Investment Purchase and Sale $0.00 $0.00 $203.00M $64.00M $24.00M
Net Other Investing Changes $11.00M $5.00M $15.00M $25.00M -$4.00M
Financing Cash Flow -$1.43B -$1.33B -$4.14B -$2.19B -$1.43B
Net Cash Flow from Continuing Financing Activities -$1.43B -$1.33B -$4.14B -$2.19B -$1.43B
Net Issuance Payments Of Debt -$39.00M -$46.00M $2.08B -$924.00M -$83.00M
Net Common Stock Issuance $32.00M $28.00M -$841.00M $26.00M $31.00M
Cash Dividends Paid -$1.36B -$1.35B -$5.40B -$1.35B -$1.35B
Net Other Financing Charges -$66.00M $42.00M $14.00M $57.00M -$28.00M
Ending Cash Balance $4.65B $5.80B $5.89B $5.89B $6.76B
Net Change in Cash -$1.14B -$48.00M -$426.00M -$893.00M $598.00M
Beginning Cash Balance $5.80B $5.89B $6.11B $6.76B $6.19B
Effect of Exchange Rate Changes -$13.00M -$37.00M $201.00M $16.00M -$28.00M
Free Cash Flow $166.00M $1.19B $4.77B $2.59B $1.51B
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