United Parcel Service revenue and financials
$93.11Change from previous close: −0.03%Absolute change: −$0.03
In the fiscal year ended December 2025, United Parcel Service reported revenue of $88.66B (−2.65% year over year). Net income was $5.57B, a net margin of 6.3%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −2.65%
- 2025 vs 2024
- Net income growth
- −3.63%
- 2025 vs 2024
- Net margin
- 6.3%
- 2024: 6.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 8,450 | 10,122 | 10,238 | 14,104 | 15,007 | 10,459 | 8,639 | 12,711 | 1,479 | 6,473 |
| Depreciation and amortization | 3,000 | 3,000 | 2,800 | 3,188 | 2,953 | 2,698 | 2,360 | 2,207 | 2,282 | 2,224 |
| Capital expenditure | -3,685 | -3,909 | -5,158 | -4,769 | -4,194 | -5,412 | -6,380 | -6,283 | -5,227 | -2,965 |
| Investing cash flow | -4,735 | -217 | -7,133 | -7,472 | -3,818 | — | — | — | — | — |
| Financing cash flow | -4,141 | -6,850 | -5,534 | -11,185 | -6,823 | — | — | — | — | — |
| Dividends paid | -5,398 | -5,399 | -5,372 | -5,114 | -3,437 | -3,374 | -3,194 | -3,011 | -2,771 | -2,643 |
| Share repurchases | -1,000 | -500 | -2,250 | -3,500 | -500 | -224 | -1,004 | -1,011 | -1,813 | -2,678 |
| Debt issued | 4,153 | 2,785 | 4,701 | 0.0 | — | — | — | — | — | — |
| Debt repaid | -2,069 | -3,759 | -2,429 | -2,304 | -2,773 | — | — | — | — | — |
| Effect of exchange rates | 201 | -149 | 33.0 | -100 | -21.0 | — | — | — | — | — |
| Net change in cash | -225 | 2,906 | -2,396 | -4,653 | 4,345 | — | — | — | — | — |
| Free cash flow | 4,765 | 6,213 | 5,080 | 9,335 | 10,813 | — | — | — | — | — |
| Levered free cash flow | 5,223 | 4,587 | 3,623 | 8,521 | 7,840 | — | — | — | — | — |