United Parcel Service, Inc. (UPS)
NYSE: UPS · Real-Time Price · USD
110.66
+1.12 (1.02%)
At close: Jul 2, 2026, 4:00 PM EDT
110.78
+0.12 (0.11%)
After-hours: Jul 2, 2026, 7:59 PM EDT
UPS Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 5,249 | 5,572 | 5,782 | 6,708 | 11,548 | 12,890 |
Depreciation & Amortization | 3,819 | 3,746 | 3,609 | 3,366 | 3,188 | 2,953 |
Stock-Based Compensation | 76 | 73 | 24 | 220 | 1,568 | 878 |
Other Adjustments | 86 | -11 | 465 | 458 | -1,837 | -1,072 |
Change in Receivables | -257 | -382 | -566 | 1,256 | -322 | -2,147 |
Changes in Accounts Payable | 221 | -190 | 262 | -1,377 | 34 | 1,265 |
Changes in Accrued Expenses | -56 | 27 | 501 | -296 | -189 | -245 |
Changes in Other Operating Activities | -782 | -385 | 45 | -97 | 114 | 485 |
Operating Cash Flow | 8,356 | 8,450 | 10,122 | 10,238 | 14,104 | 15,007 |
Operating Cash Flow Growth | -8.42% | -16.52% | -1.13% | -27.41% | -6.02% | 43.48% |
Capital Expenditures | -3,840 | -3,685 | -3,909 | -5,158 | -4,769 | -4,194 |
Sale of Property, Plant & Equipment | 717 | 700 | 1,115 | 193 | 12 | 872 |
Purchases of Investments | - | -90 | -76 | -3,521 | -1,906 | -312 |
Proceeds from Sale of Investments | 259 | 293 | 2,748 | 2,701 | 255 | 366 |
Payments for Business Acquisitions | -1,490 | -1,968 | -71 | -1,329 | -755 | -602 |
Other Investing Activities | 30 | 15 | -24 | -19 | -309 | 52 |
Investing Cash Flow | -4,324 | -4,735 | -217 | -7,133 | -7,472 | -3,818 |
Net Short-Term Debt Issued (Repaid) | - | - | -1,272 | 1,272 | - | - |
Long-Term Debt Issued | 4,128 | 4,153 | 2,785 | 3,429 | - | - |
Long-Term Debt Repaid | -2,083 | -2,069 | -2,487 | -2,429 | -2,304 | -2,773 |
Net Long-Term Debt Issued (Repaid) | 2,045 | 2,084 | 298 | 1,000 | -2,304 | -2,773 |
Issuance of Common Stock | 132 | 159 | 232 | 248 | 262 | 251 |
Repurchase of Common Stock | - | -1,000 | -500 | -2,250 | -3,500 | -500 |
Net Common Stock Issued (Repurchased) | 132 | -841 | -268 | -2,002 | -3,238 | -249 |
Common Dividends Paid | -5,402 | -5,398 | -5,399 | -5,372 | -5,114 | -3,437 |
Other Financing Activities | 69 | 14 | -209 | -432 | -529 | -364 |
Financing Cash Flow | -3,156 | -4,141 | -6,850 | -5,534 | -11,185 | -6,823 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | 124 | 201 | -149 | 33 | -100 | -21 |
Net Cash Flow | 1,000 | -225 | 2,906 | -2,396 | -4,653 | 4,345 |
Free Cash Flow | 4,516 | 4,765 | 6,213 | 5,080 | 9,335 | 10,813 |
Free Cash Flow Growth | -5.23% | -23.31% | 22.30% | -45.58% | -13.67% | 114.25% |
FCF Margin | 5.11% | 5.37% | 6.82% | 5.58% | 9.30% | 11.11% |
Free Cash Flow Per Share | 5.32 | 5.61 | 7.26 | 5.91 | 10.67 | 12.32 |
Levered Free Cash Flow | 6,656 | 7,169 | 5,316 | 5,418 | 7,622 | 10,381 |
Unlevered Free Cash Flow | 5,156 | 5,632 | 7,087 | 3,590 | 8,578 | 10,214 |