UPS · United Parcel Service Inc
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | FY2026 (G) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $91.2B | $89.93B | $88.66B | $91.07BG | $90.96B | $100.34B | $97.29B | $84.63B | $74.09B | $71.86B | $65.87B | $60.91B | $58.36B | $58.23B | $55.44B | $54.13B | $53.11B | $49.55B | $45.3B | $51.49B | $49.69B | |
| — | — | $700M | $648M | $597M | $525M | $475M | $416M | $377M | $339M | $287M | $321M | $261M | $195M | $185M | $244M | $228M | $224M | $185M | $202M | — | |
| — | $3.09B | $3B | $3B | $2.8B | $3.19B | $2.95B | $2.7B | $2.36B | $2.21B | $2.28B | $2.22B | $2.08B | $1.92B | $1.87B | $1.86B | $1.78B | $1.79B | $1.75B | $1.81B | $1.75B | |
| — | $83.35B | $80.79B | $82.6B | $81.82B | $87.24B | $84.48B | $76.94B | $66.3B | $64.84B | $59.06B | $53.92B | $50.7B | $53.26B | $48.4B | $52.78B | $47.03B | $43.9B | $41.79B | $46.1B | $49.11B | |
| — | $6.58B | $7.87B | $8.47B | $9.14B | $13.09B | $12.81B | $7.68B | $7.8B | $7.02B | $7.53B | $7.69B | $7.67B | $4.97B | $7.03B | $1.34B | $6.08B | $5.64B | $3.51B | $5.38B | $578M | |
| — | — | 8.87% | 9.3% | 10.05% | 13.05% | 13.17% | 9.08% | 10.52% | 9.77% | 11.43% | 12.62% | 13.14% | 8.53% | 12.69% | 2.48% | 11.45% | 11.39% | 7.74% | 10.45% | 1.16% | |
| — | $9.67B | $10.87B | $11.47B | $11.94B | $16.28B | $15.76B | $10.38B | $10.16B | $9.23B | $9.81B | $9.91B | $9.75B | $6.89B | $8.9B | $3.2B | $7.86B | $7.43B | $5.26B | $7.2B | $2.32B | |
| — | $1.1B | $1.02B | $866M | $785M | $704M | $694M | $701M | $653M | $605M | $453M | $381M | $341M | $353M | $380M | $393M | $348M | $354M | $445M | $442M | $246M | |
| — | -$712M | -$703M | -$1.03B | -$568M | $1.73B | $3.79B | -$5.84B | -$2.15B | -$1.01B | -$392M | -$2.57B | -$326M | -$331M | -$360M | -$369M | -$304M | -$351M | -$435M | -$367M | -$147M | |
| — | $5.86B | $7.16B | $7.44B | $8.57B | $14.83B | $16.6B | $1.84B | $5.65B | $6.02B | $7.14B | $5.12B | $7.34B | $4.64B | $6.67B | $974M | $5.78B | $5.29B | $3.07B | $5.02B | $431M | |
| — | $1.29B | $1.59B | $1.66B | $1.87B | $3.28B | $3.71B | $501M | $1.21B | $1.23B | $2.23B | $1.7B | $2.5B | $1.61B | $2.3B | $167M | $1.97B | $1.95B | $1.11B | $2.01B | $49M | |
| — | $4.57B | $5.57B | $5.78B | $6.71B | $11.55B | $12.89B | $1.34B | $4.44B | $4.79B | $4.91B | $3.42B | $4.84B | $3.03B | $4.37B | $807M | $3.8B | $3.34B | $1.97B | $3B | $382M | |
| — | — | 6.28% | 6.35% | 7.37% | 11.51% | 13.25% | 1.59% | 5.99% | 6.67% | 7.45% | 5.62% | 8.3% | 5.21% | 7.89% | 1.49% | 7.16% | 6.74% | 4.34% | 5.83% | 0.77% | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | — | — | — | |
| — | — | $5.67B | $5.23B | $4.5B | $13.28B | $16.73B | $227M | $3.44B | $5.4B | $4.52B | $2.48B | $4.9B | -$102M | $7.27B | $556M | $3.34B | $2.42B | $2.67B | -$639M | $574M | |
| USD/shares | — | — | $6.56 | $6.76 | $7.81 | $13.26 | $14.75 | $1.55 | $5.14 | $5.53 | $5.63 | $3.88 | $5.38 | $3.31 | $4.65 | $0.84 | $3.88 | $3.36 | $1.97 | $2.96 | $0.36 |
| USD/shares | $7.22* | — | $6.56 | $6.75 | $7.80 | $13.20 | $14.68 | $1.54 | $5.11 | $5.51 | $5.61 | $3.86 | $5.35 | $3.28 | $4.61 | $0.83 | $3.84 | $3.33 | $1.96 | $2.94 | $0.36 |
| shares | — | — | 849M | 855M | 859M | 871M | 874M | 867M | 864M | 866M | 871M | 883M | 901M | 916M | 940M | 960M | 981M | 994M | 998M | 1.02B | — |
| shares | — | — | 850M | 856M | 860M | 875M | 878M | 871M | 869M | 870M | 875M | 887M | 906M | 924M | 948M | 969M | 991M | 1B | 1B | 1.02B | — |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2007–FY2025: $35.59B in buybacks, $58.48B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 5 similar-size Integrated Freight & Logistics companies (of 26 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| U.S. Domestic Package Segment | $59,519,000,000 | $60,376,000,000 | $60,205,000,000 | $64,611,000,000 | — | — | — | — |
| International Segment | $18,576,000,000 | $17,960,000,000 | $17,831,000,000 | $19,698,000,000 | — | — | — | — |
| International Package | — | $17,960,000,000 | $17,831,000,000 | $19,698,000,000 | $19,541,000,000 | $15,945,000,000 | $14,220,000,000 | $14,442,000,000 |
| Supply Chain and Freight | — | — | — | — | — | — | $13,381,000,000 | $13,826,000,000 |
| Supply Chain Freight | — | — | — | — | — | $15,184,000,000 | $13,381,000,000 | $13,826,000,000 |
| Supply Chain Solutions | — | $12,734,000,000 | $12,922,000,000 | $16,029,000,000 | $17,429,000,000 | $15,184,000,000 | $13,381,000,000 | — |
| US Domestic Package | — | $60,376,000,000 | $60,205,000,000 | $64,611,000,000 | $60,317,000,000 | $53,499,000,000 | $46,493,000,000 | $43,593,000,000 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| United States | $67,432,000,000 | $70,389,000,000 | $71,749,000,000 | $78,110,000,000 | $74,376,000,000 | $66,580,000,000 | $58,699,000,000 | $56,115,000,000 |
| Non Us | $21,229,000,000 | $20,681,000,000 | $19,209,000,000 | $22,228,000,000 | $22,911,000,000 | — | — | — |
| International | — | — | — | — | — | $18,048,000,000 | $15,395,000,000 | $15,746,000,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Ground | $44,183,000,000 | $45,347,000,000 | $44,971,000,000 | — | — | — | — | — |
| Export | $14,479,000,000 | $14,142,000,000 | $14,003,000,000 | — | — | — | — | — |
| Next Day Air | $9,652,000,000 | $9,703,000,000 | $9,894,000,000 | — | — | — | — | — |
| Logistic | $5,855,000,000 | $6,437,000,000 | $5,927,000,000 | $5,351,000,000 | $4,767,000,000 | $4,073,000,000 | $3,435,000,000 | $3,234,000,000 |
| Deferred | $4,446,000,000 | $4,757,000,000 | $5,093,000,000 | — | — | — | — | — |
| Domestic | $3,401,000,000 | $3,186,000,000 | $3,144,000,000 | — | — | — | — | — |
| Forwarding | $2,916,000,000 | $4,728,000,000 | $5,534,000,000 | $8,943,000,000 | $9,872,000,000 | $6,975,000,000 | $5,867,000,000 | $6,580,000,000 |
| Product And Service Other | $1,795,000,000 | $1,569,000,000 | $1,461,000,000 | — | — | — | — | — |
| Cargo and Other | $1,238,000,000 | $569,000,000 | $247,000,000 | — | — | — | — | — |
| Cargo | $696,000,000 | $632,000,000 | $684,000,000 | — | — | — | — | — |
| Freight | — | — | — | $0 | $1,064,000,000 | $3,149,000,000 | $3,265,000,000 | $3,218,000,000 |
| Other Productsand Services | — | — | — | $2,137,000,000 | $1,726,000,000 | $987,000,000 | $814,000,000 | $794,000,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| U.S. Domestic Package Segment | $3,926,000,000 | $4,345,000,000 | $5,156,000,000 | — | — | — | — | — |
| International Segment | $2,873,000,000 | $3,191,000,000 | $3,231,000,000 | — | — | — | — | — |
| International Package | — | — | $3,231,000,000 | $4,326,000,000 | $4,646,000,000 | $3,436,000,000 | $2,657,000,000 | $2,529,000,000 |
| Supply Chain Freight | — | — | — | — | — | — | — | $852,000,000 |
| Supply Chain Solutions | — | — | $834,000,000 | $1,771,000,000 | $1,728,000,000 | $357,000,000 | $977,000,000 | — |
| US Domestic Package | — | — | $5,076,000,000 | $6,997,000,000 | $6,436,000,000 | $3,891,000,000 | $4,164,000,000 | $3,643,000,000 |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| U.S. Domestic Package Segment | 6.6% | 7.2% | 8.6% | — | — | — | — | — |
| International Segment | 15.5% | 17.8% | 18.1% | — | — | — | — | — |
| International Package | — | — | 18.1% | 22% | 23.8% | 21.5% | 18.7% | 17.5% |
| Supply Chain Freight | — | — | — | — | — | — | — | 6.2% |
| Supply Chain Solutions | — | — | 6.5% | 11% | 9.9% | 2.4% | 7.3% | — |
| US Domestic Package | — | — | 8.4% | 10.8% | 10.7% | 7.3% | 9% | 8.4% |