United Parcel Service Inc (UPS) operating KPIs
UPSNYSETrucking & Courier Services (No Air)Fiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026Score 15/309% below fair value
$108.25+0.92 (+0.86%)
Close on Oct 30, 2026Market cap $92.10BP/E 20.1Yield 6.06%
KPIs
Operating metrics that drive United Parcel Service's business · fiscal year ends December 31
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| Add to chart | Metric | Q3 26 2026-09-30 | Q2 26 2026-06-30 | Q1 26 2026-03-31 | Q4 25 2025-12-31 | Q3 25 2025-09-30 | Q2 25 2025-06-30 | Q1 25 2025-03-31 | Q4 24 2024-12-31 | Q3 24 2024-09-30 | Q2 24 2024-06-30 | Q1 24 2024-03-31 | Q4 23 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Consolidated Average Daily Package Volume — ADV (thousand pieces/day)3 | 18,606 | 19,006 | 19,184 | 23,522 | 19,419 | 19,741 | 20,789 | 26,109,000 | 21,527,000 | 20,933,000 | 21,199,000 | 25,873 | |
Consolidated ADV Growth (y/y %, reported)(%) | -4.2% | -3.7% | -7.7% | -9.9% | -9.8% | -5.7% | -1.9% | 0.9% | 5.4% | 0.1% | -3.6% | -7.5% | |
U.S. Domestic Package ADV (thousand pieces/day)4 | 15,621 | 16,002 | 16,040 | 19,970 | 16,150 | 16,553 | 17,443 | 22,382,000 | 18,407,000 | 17,864,000 | 18,075,000 | 22,449 | |
U.S. Domestic ADV Growth (y/y %, reported)(%) | -3.3% | -3.3% | -8.0% | -10.8% | -12.3% | -7.3% | -3.5% | -0.3% | 6.5% | 0.7% | -3.2% | -7.4% | |
U.S. Next Day Air ADV (thousand pieces/day)1 | 1,322 | 1,411 | 1,366 | 1,630 | 1,422 | 1,429 | 1,520 | 1,863,000 | 1,596,000 | 1,559,000 | 1,590,000 | 1,933 | |
U.S. Next Day Air ADV Growth (y/y %, reported)(%) | -7.0% | -1.3% | -10.1% | -12.5% | -10.9% | -8.3% | -4.4% | -3.6% | -4.9% | -7.1% | -8.5% | -11.5% | |
U.S. Deferred Air ADV (thousand pieces/day)1 | 755 | 792 | 806 | 1,077 | 804 | 825 | 866 | 1,209,000 | 988,000 | 991,000 | 1,047,000 | 1,595 | |
U.S. Deferred Air ADV Growth (y/y %, reported)(%) | -6.1% | -4.0% | -6.9% | -10.9% | -18.6% | -16.8% | -17.3% | -24.2% | -8.3% | -8.8% | -8.1% | -18.9% | |
U.S. Ground ADV (thousand pieces/day)1 | 13,544 | 13,799 | 13,868 | 17,263 | 13,924 | 14,299 | 15,057 | 19,310,000 | 15,823,000 | 15,314,000 | 15,438,000 | 18,921 | |
U.S. Ground ADV Growth (y/y %, reported)(%) | -2.7% | -3.5% | -7.9% | -10.6% | -12.0% | -6.6% | -2.5% | 2.1% | 8.9% | 2.3% | -2.3% | -5.8% | |
International Package ADV (thousand pieces/day)3 | 2,985 | 3,004 | 3,144 | 3,552 | 3,269 | 3,188 | 3,346 | 3,727,000 | 3,120,000 | 3,069,000 | 3,124,000 | 3,424 | |
International ADV Growth (y/y %, reported)(%) | -8.7% | -5.8% | -6.0% | -4.7% | 4.8% | 3.9% | 7.1% | 8.8% | -0.6% | -2.9% | -5.8% | -8.3% | |
International Domestic ADV (thousand pieces/day)1 | 1,396 | 1,394 | 1,471 | 1,688 | 1,536 | 1,507 | 1,575 | 1,749,000 | 1,483,000 | 1,485,000 | 1,503,000 | 1,653 | |
International Domestic ADV Growth (y/y %, reported)(%) | -9.1% | -7.5% | -6.6% | -3.5% | 3.6% | 1.5% | 4.8% | 5.8% | -2.7% | -4.4% | -8.1% | -10.8% | |
International Export ADV (thousand pieces/day)1 | 1,589 | 1,610 | 1,673 | 1,864 | 1,733 | 1,681 | 1,771 | 1,978,000 | 1,637,000 | 1,584,000 | 1,621,000 | 1,771 | |
International Export ADV Growth (y/y %, reported)(%) | -8.3% | -4.2% | -5.5% | -5.8% | 5.9% | 6.1% | 9.3% | 11.7% | 1.4% | -1.5% | -3.6% | -5.9% | |
Total Consolidated Package Volume (million pieces)(M)1 | 1,209 | 1,217 | 1,189 | 1,458 | 1,243 | 1,263 | 1,289 | 1,619,000 | 1,378,000 | 1,339,000 | 1,336,000 | 1,630 | |
Total Consolidated Package Volume Growth (y/y %, reported)(%) | -2.7% | -3.6% | -7.8% | -9.9% | -9.8% | -5.7% | -3.5% | -0.7% | 7.1% | 0.1% | -5.0% | -7.5% | |
Small & Medium-Sized Businesses (SMB) Share of Total U.S. Volume (%)(%)1 | 35.1% | 34.5% | 34.5% | 31.2% | 32.8% | 32.0% | 31.2% | 27.8% | 29.4% | 29.7% | 29.0% | ||
U.S. SMB Average Daily Volume Growth (y/y %, reported)(%) | 3.7% | 4.3% | 1.6% | 4.0% | 4.5% | ||||||||
Operating Days in Period — Consolidated Small Package(days)3 | 65 | 64 | 62 | 62 | 64 | 64 | 62 | 62 | 64 | 64 | 63 | 63 | |
U.S. Package Operating Days(days) | 65 | 64 | 62 | 62 | 64 | 64 | 62 | 62 | 64 | 64 | 63 | 63 | |
Europe Region Operating Days(days) | 66 | 59 | 63 | 61 | 66 | 59 | 63 | 60 | 66 | 60 | 63 | 61 | |
Asia Region Operating Days(days) | 66 | 61 | 59 | 61 | 67 | 63 | 60 | 62 | 66 | 62 | 61 | 60 | |
Consolidated Average Revenue Per Piece — RPP ($/piece)($)3 | 15.96 | 15.96 | 15.32 | 14.60 | 14.82 | 14.34 | 14.22 | 13.44 | 13.58 | 13.68 | 13.73 | 13.11 | |
Consolidated RPP Change (y/y %, reported)(%) | 7.7% | 11.3% | 7.7% | 8.6% | 9.1% | 4.8% | 3.6% | 2.5% | -1.7% | -1.7% | -0.1% | 0.5% | |
U.S. Domestic Average Revenue Per Piece ($/piece)($)4 | 14.29 | 14.24 | 13.91 | 13.27 | 13.47 | 13.03 | 13.06 | 12.25 | 12.27 | 12.35 | 12.50 | 11.96 | |
U.S. Domestic RPP Change (y/y %, reported)(%) | 6.1% | 9.3% | 6.5% | 8.3% | 9.8% | 5.5% | 4.5% | 2.4% | -2.2% | -2.6% | -0.3% | 0.1% | |
U.S. Next Day Air RPP ($/piece)($)1 | 29.47 | 28.55 | 27.79 | 25.90 | 26.16 | 25.07 | 25.05 | 23.22 | 23.46 | 23.14 | 23.12 | 21.79 | |
U.S. Next Day Air RPP Change (y/y %, reported)(%) | 12.7% | 13.9% | 10.9% | 11.5% | 11.5% | 8.3% | 8.3% | 6.6% | 4.6% | 3.3% | 4.4% | 8.0% | |
U.S. Deferred Air RPP ($/piece)($)1 | 21.68 | 21.74 | 20.91 | 20.26 | 19.82 | 19.39 | 19.54 | 18.48 | 17.54 | 17.45 | 17.53 | 15.94 | |
U.S. Deferred Air RPP Change (y/y %, reported)(%) | 9.4% | 12.1% | 7.0% | 9.6% | 13.0% | 11.1% | 11.5% | 15.9% | 5.6% | 3.9% | 7.0% | 7.1% | |
U.S. Ground RPP ($/piece)($)1 | 12.40 | 12.35 | 12.14 | 11.65 | 11.81 | 11.46 | 11.47 | 10.81 | 10.81 | 10.92 | 11.07 | 10.62 | |
U.S. Ground RPP Change (y/y %, reported)(%) | 5.0% | 7.8% | 5.8% | 7.8% | 9.3% | 4.9% | 3.6% | 1.8% | -2.6% | -3.3% | -1.2% | -1.4% | |
International Package Average Revenue Per Piece ($/piece)($)3 | 24.71 | 25.13 | 22.49 | 22.06 | 21.48 | 21.14 | 20.32 | 20.60 | 21.30 | 21.42 | 20.87 | 20.68 | |
International RPP Change (y/y %, reported)(%) | 15.0% | 18.9% | 10.7% | 7.1% | 0.8% | -1.3% | -2.6% | -0.4% | 2.5% | 2.4% | 2.0% | 3.1% | |
International Domestic RPP ($/piece)($)1 | 9.47 | 9.74 | 9.16 | 9.11 | 8.62 | 8.61 | 7.90 | 8.18 | 8.12 | 8.10 | 8.01 | 8.11 | |
International Domestic RPP Change (y/y %, reported)(%) | 9.9% | 13.1% | 15.9% | 11.4% | 6.2% | 6.3% | -1.4% | 0.9% | 5.0% | 5.6% | 5.5% | 7.4% | |
International Export RPP ($/piece)($)1 | 38.10 | 38.45 | 34.21 | 33.79 | 32.87 | 32.38 | 31.37 | 31.58 | 33.24 | 33.90 | 32.80 | 32.41 | |
International Export RPP Change (y/y %, reported)(%) | 15.9% | 18.7% | 9.1% | 7.0% | -1.1% | -4.5% | -4.4% | -2.6% | 0.5% | 0.6% | -0.6% | 0.1% | |
U.S. Domestic GAAP Cost Per Piece — CPP ($/piece)($)2 | 13.45 | 14.23 | 13.40 | 12.14 | 12.92 | 12.18 | 12.22 | 11 | 11.50 | 11.48 | 11.78 | 10.94 | |
U.S. Domestic GAAP CPP Change (y/y %, reported)(%) | 4.1% | 16.8% | 9.7% | 10.4% | 12.3% | 6.1% | 3.7% | 0.5% | -4.3% | 1.9% | |||
U.S. Domestic Non-GAAP Adjusted Cost Per Piece ($/piece)($)1 | 13.32 | 13.09 | 13.35 | 11.92 | 12.63 | 12.12 | 12.19 | 10.95 | 11.44 | 11.48 | 11.76 | 10.85 | |
U.S. Domestic Non-GAAP Adjusted CPP Change (y/y %, reported)(%) | 5.5% | 8.0% | 9.5% | 8.9% | 10.4% | 5.6% | 3.7% | 0.9% | -4.1% | 2.5% | |||
U.S. Domestic Revenue Change Drivers — Rates/Mix Contribution (y/y pts)(%)2 | 5.2% | 4.7% | 8.8% | 6.2% | 6.6% | -2.4% | -2.5% | 0.4% | |||||
U.S. Domestic Revenue Driver — Volume (y/y pts)(%) | -3.3% | -8.0% | -12.3% | -7.3% | -5.1% | 8.1% | 0.7% | -4.2% | |||||
U.S. Domestic Revenue Driver — Fuel Surcharge (y/y pts)(%) | 4.1% | 1.0% | 0.9% | 0.3% | -0.1% | 0.1% | -0.1% | -1.2% | |||||
International Package Revenue Change Drivers — Rates/Mix Contribution (y/y pts)(%)3 | 7.9% | 5.8% | -1.4% | -1.5% | -1.0% | 2.1% | 1.9% | 1.6% | |||||
International Revenue Driver — Volume (y/y pts)(%) | -5.8% | -6.0% | 4.8% | 3.9% | 5.1% | 1.5% | -2.9% | -6.0% | |||||
International Revenue Driver — Fuel Surcharge (y/y pts)(%) | 9.6% | 0.5% | 0.9% | -0.8% | 0.6% | -0.1% | 1.4% | -1.3% | |||||
International Revenue Driver — Currency Translation (y/y pts)(%) | 0.8% | 3.5% | 1.6% | 1.0% | -2.0% | -0.1% | -1.4% | -0.6% | |||||
U.S. Domestic Service-Line Revenue ($M)($M)4 | 14,865 | 14,930 | 14,125 | 16,756 | 14,220 | 14,083 | 14,460 | 17,312 | 14,597 | 14,201 | 14,266 | 16,939 | |
U.S. Next Day Air Revenue ($M)($M)1 | 2,532 | 2,578 | 2,354 | 2,617 | 2,381 | 2,293 | 2,361 | 2,682 | 2,396 | 2,309 | 2,316 | 2,654 | |
U.S. Next Day Air Revenue Growth (y/y %, reported)(%) | 6.3% | 12.4% | -0.3% | -2.4% | -0.6% | -0.7% | 1.9% | 1.1% | 1.0% | -4.1% | -5.9% | -4.4% | |
U.S. Deferred Air Revenue ($M)($M)1 | 1,064 | 1,102 | 1,045 | 1,353 | 1,020 | 1,024 | 1,049 | 1,385 | 1,109 | 1,107 | 1,156 | 1,602 | |
U.S. Deferred Air Revenue Growth (y/y %, reported)(%) | 4.3% | 7.6% | -0.4% | -2.3% | -8.0% | -7.5% | -9.3% | -13.5% | -1.7% | -5.3% | -3.2% | -13.2% | |
U.S. Ground Revenue ($M)($M)1 | 10,917 | 10,908 | 10,438 | 12,465 | 10,525 | 10,484 | 10,709 | 12,937 | 10,945 | 10,703 | 10,762 | 12,659 | |
U.S. Ground Revenue Growth (y/y %, reported)(%) | 3.7% | 4.0% | -2.5% | -3.6% | -3.8% | -2.0% | -0.5% | 2.2% | 7.7% | -1.1% | -5.0% | -7.1% | |
U.S. Cargo & Other Revenue ($M — reported separately starting FY2023)($M)1 | 352 | 342 | 288 | 321 | 294 | 282 | 341 | 308 | 147 | 82 | 32 | 24 | |
U.S. Cargo & Other Revenue Growth (y/y %, reported)(%) | 19.7% | 21.3% | -15.5% | 4.2% | 100.0% | 243.9% | 965.6% | 1,183.3% | 320.0% | -5.7% | -68.3% | -71.4% | |
International Service-Line Revenue ($M)($M)3 | 5,007 | 5,044 | 4,540 | 5,045 | 4,673 | 4,485 | 4,373 | 4,923 | 4,411 | 4,370 | 4,256 | 4,606 | |
International Domestic Package Revenue ($M)($M)1 | 859 | 869 | 835 | 953 | 847 | 830 | 771 | 887 | 771 | 770 | 758 | 845 | |
International Domestic Revenue Growth (y/y %, reported)(%) | 1.4% | 4.7% | 8.3% | 7.4% | 9.9% | 7.8% | 1.7% | 5.0% | 3.9% | 0.9% | -4.5% | -4.1% | |
International Export Package Revenue ($M)($M)1 | 3,935 | 3,962 | 3,548 | 3,905 | 3,646 | 3,484 | 3,444 | 3,873 | 3,482 | 3,437 | 3,350 | 3,616 | |
International Export Revenue Growth (y/y %, reported)(%) | 7.9% | 13.7% | 3.0% | 0.8% | 4.7% | 1.4% | 2.8% | 7.1% | 3.4% | -0.9% | -5.7% | -5.8% | |
International Cargo & Other Revenue ($M)($M)1 | 213 | 213 | 157 | 187 | 180 | 171 | 158 | 163 | 158 | 163 | 148 | 145 | |
International Cargo & Other Revenue Growth (y/y %, reported)(%) | 18.3% | 24.6% | -0.6% | 14.7% | 13.9% | 4.9% | 6.8% | 12.4% | 0.0% | -11.4% | -24.9% | -36.7% | |
Supply Chain Solutions Service-Line Revenue ($M)($M)3 | 2,981 | 2,860 | 2,537 | 2,678 | 2,522 | 2,653 | 2,713 | 3,066 | 3,237 | 3,247 | 3,184 | 3,372 | |
Forwarding Revenue ($M — Air/Ocean Freight & Coyote prior to Sep 2024 divestiture)($M)1 | 858 | 791 | 656 | 728 | 730 | 732 | 726 | 826 | 1,307 | 1,315 | 1,280 | 1,317 | |
Forwarding Revenue Growth (y/y %, reported)(%) | 17.5% | 8.1% | -9.6% | -11.9% | -44.1% | -44.3% | -43.3% | -37.3% | -1.5% | -4.4% | -15.5% | -27.0% | |
Logistics & Healthcare Distribution Revenue ($M — Marken, Frigo-Trans, AHG)($M)1 | 1,598 | 1,540 | 1,409 | 1,444 | 1,363 | 1,476 | 1,572 | 1,799 | 1,550 | 1,546 | 1,542 | 1,656 | |
Logistics Revenue Growth (y/y %, reported)(%) | 17.2% | 4.3% | -10.4% | -19.7% | -12.1% | -4.5% | 1.9% | 8.6% | 8.4% | 8.0% | 9.4% | 9.8% | |
Supply Chain Other Revenue ($M — The UPS Store, Roadie, Happy Returns, UPS Capital)($M)1 | 525 | 529 | 472 | 506 | 429 | 445 | 415 | 441 | 380 | 386 | 362 | 399 | |
Supply Chain Other Revenue Growth (y/y %, reported)(%) | 22.4% | 18.9% | 13.7% | 14.7% | 12.9% | 15.3% | 14.6% | 10.5% | 11.1% | 10.3% | -2.2% | -8.5% | |
Non-GAAP Adjusted Consolidated Operating Profit ($M, FY2026 = Official Guidance)($M)6 | 2,054 | 2,102 | 1,322 | 2,890 | 2,132 | 1,876 | 1,763 | 3,100 | 1,983 | 2,064 | 1,747 | 2,787 | |
Non-GAAP Adjusted Consolidated Operating Profit Growth (y/y %, reported)(%) | -3.7% | 12.0% | -25.0% | -6.8% | 7.5% | -9.1% | 0.9% | 11.2% | 22.8% | -29.3% | -31.5% | -27.1% | |
Non-GAAP Adjusted Consolidated Operating Margin (%, reported)(%) | 9.0% | 9.2% | 6.2% | 11.8% | 10.0% | 8.8% | 8.2% | 12.3% | 8.9% | 9.5% | 8.0% | 11.2% | |
GAAP Consolidated Operating Margin (%, reported)(%) | 7.6% | 4.1% | 6.0% | 10.5% | 8.4% | 8.6% | 7.7% | 11.6% | 8.9% | 8.9% | 7.4% | 9.9% | |
U.S. Domestic Non-GAAP Adjusted Operating Profit ($M)($M)4 | 1,034 | 1,188 | 565 | 1,706 | 905 | 982 | 1,011 | 1,754 | 919 | 996 | 847 | 1,580 | |
U.S. Domestic Non-GAAP Adjusted Operating Margin (%, reported)(%) | 7.0% | 8.0% | 4.0% | 10.2% | 6.4% | 7.0% | 7.0% | 10.1% | 6.3% | 7.0% | 5.9% | 9.3% | |
U.S. Domestic GAAP Operating Margin (%, reported)(%) | 6.1% | 0.1% | 3.6% | 8.5% | 4.2% | 6.5% | 6.8% | 9.7% | 5.8% | 7.0% | 5.8% | 8.5% | |
U.S. Domestic GAAP Segment Operating Expenses ($M)($M) | 13,959 | 14,914 | 13,610 | 15,328 | 13,617 | 13,167 | 13,481 | 15,631 | 13,754 | 13,213 | 13,433 | 15,491 | |
U.S. Domestic Non-GAAP Adjusted Segment Operating Expenses ($M)($M) | 13,831 | 13,742 | 13,560 | 15,050 | 13,315 | 13,101 | 13,449 | 15,558 | 13,678 | 13,205 | 13,419 | 15,359 | |
International Non-GAAP Adjusted Operating Profit ($M)($M)4 | 746 | 623 | 551 | 908 | 691 | 682 | 654 | 1,062 | 792 | 824 | 682 | 899 | |
International Non-GAAP Adjusted Operating Margin (%, reported)(%) | 14.9% | 12.4% | 12.1% | 18.0% | 14.8% | 15.2% | 15.0% | 21.6% | 18.0% | 18.9% | 16.0% | 19.5% | |
International GAAP Operating Margin (%, reported)(%) | 14.9% | 12.4% | 12.0% | 17.5% | 14.5% | 15.0% | 14.7% | 20.7% | 18.1% | 16.4% | 15.4% | 19.3% | |
International GAAP Segment Operating Expenses ($M)($M) | 4,261 | 4,421 | 3,993 | 4,161 | 3,997 | 3,813 | 3,732 | 3,904 | 3,613 | 3,652 | 3,600 | 3,716 | |
International Non-GAAP Adjusted Segment Operating Expenses ($M)($M) | 4,261 | 4,421 | 3,989 | 4,137 | 3,982 | 3,803 | 3,719 | 3,861 | 3,619 | 3,546 | 3,574 | 3,707 | |
Supply Chain Solutions Non-GAAP Adjusted Operating Profit ($M)($M)4 | 274 | 291 | 206 | 276 | 536 | 212 | 98 | 284 | 272 | 244 | 218 | 308 | |
Supply Chain Solutions Non-GAAP Adjusted Operating Margin (%, reported)(%) | 9.2% | 10.2% | 8.1% | 10.3% | 21.3% | 8.0% | 3.6% | 9.3% | 8.4% | 7.5% | 6.8% | 9.1% | |
Supply Chain Solutions GAAP Operating Margin (%, reported)(%) | 3.1% | 10.2% | 8.1% | 9.8% | 20.8% | 8.8% | 1.7% | 7.4% | 10.6% | 7.3% | 3.9% | 4.1% | |
Supply Chain Solutions GAAP Segment Operating Expenses ($M)($M) | 2,889 | 2,569 | 2,332 | 2,415 | 1,997 | 2,419 | 2,667 | 2,840 | 2,893 | 3,009 | 3,060 | 3,233 | |
Supply Chain Solutions Non-GAAP Adjusted Segment Operating Expenses ($M)($M) | 2,707 | 2,569 | 2,331 | 2,402 | 1,986 | 2,441 | 2,615 | 2,782 | 2,965 | 3,003 | 2,966 | 3,064 | |
Non-GAAP Adjusted Net Income ($M)($M)1 | 1,442 | 1,495 | 906 | 2,029 | 1,475 | 1,312 | 1,270 | 2,360 | 1,503 | 1,529 | 1,223 | 2,117 | |
Non-GAAP Adjusted Diluted EPS ($/share, FY2026 = Official Guidance)($) | 1.69 | 1.76 | 1.07 | 2.38 | 1.74 | 1.55 | 1.49 | 2.75 | 1.76 | 1.79 | 1.43 | 2.47 | |
Non-GAAP Free Cash Flow ($M, FY2026 = Official Guidance)($M) | 2,647 | 293 | 1,280 | 2,726 | 2,002 | -745 | 1,487 | 2,264 | 673 | 1,085 | 2,280 | 367 | |
Total Consolidated GAAP Operating Expenses ($M)($M)8 | 21,109 | 21,904 | 19,935 | 21,904 | 19,611 | 19,399 | 19,880 | 22,375 | 20,260 | 19,874 | 20,093 | 22,440 | |
Total GAAP Operating Expenses Change (y/y %, reported)(%) | 7.6% | 12.9% | 0.3% | -2.1% | -3.2% | -2.4% | -1.1% | -0.3% | 2.7% | 3.1% | -1.4% | -5.9% | |
Compensation & Benefits Expense ($M)($M)1 | 11,807 | 12,654 | 11,545 | 13,034 | 12,118 | 11,626 | 11,827 | 12,996 | 11,955 | 11,503 | 11,639 | 12,904 | |
Compensation & Benefits Change (y/y %, reported)(%) | -2.6% | 8.8% | -2.4% | 0.3% | 1.4% | 1.1% | 1.6% | 0.7% | 3.7% | 2.7% | 1.5% | -2.9% | |
Purchased Transportation Expense ($M)($M)1 | 3,275 | 3,187 | 2,764 | 2,873 | 2,463 | 2,522 | 2,730 | 3,695 | 3,375 | 3,273 | 3,246 | 3,814 | |
Purchased Transportation Change (y/y %, reported)(%) | 33.0% | 26.4% | 1.2% | -22.2% | -27.0% | -22.9% | -15.9% | -3.1% | 8.4% | 3.2% | -8.3% | -15.2% | |
Fuel Expense ($M)($M)1 | 1,544 | 1,697 | 1,083 | 1,129 | 1,071 | 1,058 | 1,058 | 1,112 | 1,068 | 1,126 | 1,060 | 1,282 | |
Fuel Expense Change (y/y %, reported)(%) | 44.2% | 60.4% | 2.4% | 1.5% | 0.3% | -6.0% | -0.2% | -13.3% | -5.7% | 3.3% | -16.6% | -18.4% | |
Other Operating Expenses ($M)($M)1 | 2,137 | 2,040 | 2,092 | 2,509 | 1,682 | 1,958 | 2,014 | 2,334 | 1,727 | 1,859 | 1,968 | 2,342 | |
Other Operating Expenses Change (y/y %, reported)(%) | 27.1% | 4.2% | 3.9% | 7.5% | -2.6% | 5.3% | 2.3% | -0.3% | -9.4% | 0.5% | -1.5% | -1.8% | |
Depreciation & Amortization Expense ($M)($M)1 | 965 | 980 | 985 | 972 | 926 | 936 | 912 | 919 | 905 | 887 | 898 | 867 | |
Depreciation & Amortization Change (y/y %, reported)(%) | 4.2% | 4.7% | 8.0% | 5.8% | 2.3% | 5.5% | 1.6% | 6.0% | 8.1% | 7.1% | 7.7% | -2.4% | |
Repairs & Maintenance Expense ($M)($M)1 | 809 | 789 | 792 | 817 | 803 | 755 | 732 | 775 | 713 | 734 | 718 | 702 | |
Repairs & Maintenance Change (y/y %, reported)(%) | 0.7% | 4.5% | 8.2% | 5.4% | 12.6% | 2.9% | 1.9% | 10.4% | -0.8% | 7.6% | -1.0% | -3.0% | |
Other Occupancy Expense ($M)($M)1 | 572 | 557 | 674 | 570 | 548 | 544 | 607 | 544 | 517 | 492 | 564 | 529 | |
Other Occupancy Change (y/y %, reported)(%) | 4.4% | 2.4% | 11.0% | 4.8% | 6.0% | 10.6% | 7.6% | 2.8% | 7.5% | 7.4% | 2.4% | 8.8% | |
Pre-Tax Transformation Strategy & Network Reconfiguration Charges ($M)($M)3 | 171 | 1,172 | 55 | 133 | 328 | 74 | 58 | 95 | 154 | 27 | 46 | 199 | |
Network Reconfiguration & Efficiency Reimagined Charges ($M)($M) | 171 | 1,172 | 55 | 122 | 296 | 68 | 23 | 35 | 0 | 0 | 0 | ||
Fit to Serve Workforce Right-Sizing Charges ($M)($M) | 0 | 0 | 0 | 0 | 19 | 9 | 19 | 47 | 108 | 24 | 25 | 136 | |
Transformation 2.0 Charges ($M)($M) | 0 | 0 | 0 | 11 | 13 | -3 | 16 | 13 | 46 | 3 | 21 | 60 | |
UPS Airlines — Owned & Finance Lease Aircraft in Operation (aircraft)9 | 278 | 274 | 272 | 295 | 294 | 292 | 292 | 291 | 293 | 296 | 294 | 294 | |
Boeing 767-300 Freighter (Owned/Finance Lease) | 98 | 94 | 92 | 89 | 87 | 85 | 83 | 82 | 82 | 80 | 78 | 78 | |
Boeing 757-200 Package Freighter (Owned/Finance Lease) | 75 | 75 | 75 | 75 | 75 | 75 | 75 | 75 | 75 | 75 | 75 | 75 | |
Airbus A300-600 Freighter (Owned/Finance Lease) | 52 | 52 | 52 | 52 | 52 | 52 | 52 | 52 | 52 | 52 | 52 | 52 | |
Boeing 747-8F Widebody Freighter (Owned/Finance Lease) | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 28 | |
Boeing 747-400F Freighter (Owned/Finance Lease) | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | |
Boeing 767-300BCF Converted Freighter (Owned/Finance Lease) | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | |
Boeing 767-300BDSF Converted Freighter (Owned/Finance Lease) | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | |
Boeing 747-400BCF Converted Freighter (Owned/Finance Lease) | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |
Boeing MD-11 Freighter (legacy — fleet retired Q1 2026) | 26 | 27 | 27 | 29 | 29 | 31 | 36 | 36 | 38 | ||||
UPS Airlines — Short-Term Chartered & Operating Lease Aircraft | 208 | 213 | 218 | 221 | 222 | 233 | 240 | 243 | 244 | 253 | 255 | 269 | |
UPS Airlines — Firm Aircraft On Order (Total)2 | 9 | 13 | 15 | 18 | 20 | 22 | 24 | 25 | 17 | 19 | 21 | 23 | |
Boeing 767-300 Aircraft On Order | 9 | 13 | 15 | 18 | 20 | 22 | 24 | 25 | 17 | 19 | 21 | 21 | |
Aircraft Under Purchase Option | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Discretionary & Cash Employer Pension Contributions ($M, FY2026 = Official Guidance)($M)1 | 316 | 502 | 79 | 23 | 417 | 854 | 67 | 90 | 1,284 | 100 | 50 | 30 | |
Cash Flow Statement Pension & Postretirement Benefit Expense ($M)($M) | 215 | 214 | 215 | 246 | 249 | 257 | 257 | 924 | 256 | 259 | 259 | 601 | |
U.S. Census Monthly Retail Sales: Nonstore / E-Commerce Retailers ($M, NSA)1 | |||||||||||||
U.S. Census Quarterly E-Commerce Retail Sales ($M, SA)($M) | 340,244 | 327,861 | 317,999 | 310,817 | 303,284 | 297,701 | 300,329 | 295,249 | 288,822 | 283,038 | 276,781 | ||
Consolidated GAAP Revenue ($M, FY2026 = Official Guidance)($M)3 | 22,853 | 22,834 | 21,202 | 24,479 | 21,415 | 21,221 | 21,546 | 25,301 | 22,245 | 21,818 | 21,706 | 24,917 | |
U.S. Domestic Package Segment Revenue ($M)($M) | 14,865 | 14,930 | 14,125 | 16,756 | 14,220 | 14,083 | 14,460 | 17,312 | 14,597 | 14,201 | 14,266 | 17,162 | |
International Package Segment Revenue ($M)($M) | 5,007 | 5,044 | 4,540 | 5,045 | 4,673 | 4,485 | 4,373 | 4,923 | 4,411 | 4,370 | 4,256 | 4,606 | |
Supply Chain Solutions Segment Revenue ($M)($M) | 2,981 | 2,860 | 2,537 | 2,678 | 2,522 | 2,653 | 2,713 | 3,066 | 3,237 | 3,247 | 3,184 | 3,149 | |
Consolidated GAAP Operating Profit ($M)($M)3 | 1,744 | 930 | 1,267 | 2,575 | 1,804 | 1,822 | 1,666 | 2,926 | 1,985 | 1,944 | 1,613 | 2,477 | |
U.S. Domestic Package GAAP Operating Profit ($M)($M) | 906 | 16 | 515 | 1,428 | 603 | 916 | 979 | 1,681 | 843 | 988 | 825 | 1,437 | |
International Package GAAP Operating Profit ($M)($M) | 746 | 623 | 547 | 884 | 676 | 672 | 641 | 1,019 | 798 | 718 | 656 | 890 | |
Supply Chain Solutions GAAP Operating Profit ($M)($M) | 92 | 291 | 205 | 263 | 525 | 234 | 46 | 226 | 289 | 237 | 132 | 150 | |
Consolidated GAAP Net Income ($M)($M)6 | 1,163 | 604 | 864 | 1,791 | 1,311 | 1,283 | 1,187 | 1,721 | 1,539 | 1,409 | 1,113 | 1,605 | |
Income Before Income Taxes ($M)($M) | 1,571 | 761 | 1,124 | 2,372 | 1,607 | 1,662 | 1,523 | 2,127 | 1,910 | 1,869 | 1,536 | 2,063 | |
Income Tax Expense ($M)($M) | 408 | 157 | 260 | 581 | 296 | 379 | 336 | 406 | 371 | 460 | 423 | 458 | |
Interest Expense ($M)($M) | -289 | 272 | 266 | 266 | 291 | 238 | 222 | 229 | 230 | 212 | 195 | 209 | |
GAAP Diluted Earnings Per Share ($/share)($) | 1.37 | 0.71 | 1.02 | 2.10 | 1.55 | 1.51 | 1.40 | 2.01 | 1.80 | 1.65 | 1.30 | 1.87 | |
Dividends Declared Per Share ($/share)($) | 1.64 | 1.64 | 1.64 | 1.64 | 1.64 | 1.64 | 1.64 | 1.63 | 1.63 | 1.63 | 1.63 | 1.62 | |
Diluted Weighted-Average Shares (millions)(M) | 852 | 851 | 850 | 853 | 848 | 847 | 850 | 858 | 855 | 857 | 857 | 858 | |
Cash Flows from Operating Activities ($M)($M)3 | 2,903 | 859 | 2,224 | 3,302 | 2,482 | 348 | 2,318 | 3,315 | 1,498 | 1,993 | 3,316 | 2,411 | |
Capital Expenditures ($M, FY2026 = Official Guidance)($M) | 497 | 693 | 1,031 | 716 | 970 | 1,123 | 876 | 1,098 | 843 | 933 | 1,035 | 2,049 | |
Cash Dividends Paid ($M, FY2026 = Official Guidance)($M) | 1,356 | 1,356 | 1,352 | 1,353 | 1,348 | 1,349 | 1,348 | 1,350 | 1,348 | 1,353 | 1,348 | 1,338 | |
Share Repurchases ($M)($M) | -0 | -0 | -0 | -0 | -0 | 1,000 | 1,000 | -0 | 500 | -0 | -0 | -0 | |
Total Consolidated Assets ($M)($M)5 | 72,719 | 71,267 | 71,809 | 73,090 | 71,392 | 70,923 | 68,466 | 70,070 | 68,263 | 69,418 | 67,628 | 70,857 | |
Cash & Cash Equivalents ($M)($M) | 6,837 | 4,653 | 5,802 | 5,887 | 6,764 | 6,194 | 4,802 | 6,112 | 5,855 | 6,319 | 4,374 | 3,206 | |
Property, Plant & Equipment, Net ($M)($M) | 37,917 | 37,894 | 38,029 | 37,731 | 37,743 | 37,711 | 37,250 | 37,179 | 37,389 | 37,129 | 37,168 | 36,945 | |
Operating Lease Right-of-Use Assets ($M)($M) | 4,043 | 4,016 | 4,084 | 4,263 | 4,217 | 3,979 | 4,015 | 4,149 | 4,129 | 4,088 | 4,223 | 4,308 | |
Long-Term Debt & Finance Leases ($M)($M) | 25,121 | 23,850 | 23,749 | 23,519 | 23,850 | 23,820 | 19,511 | 19,446 | 20,324 | 20,197 | 18,849 | 18,916 | |
Shareowners' Equity ($M)($M) | 14,994 | 15,067 | 15,763 | 16,227 | 15,823 | 15,750 | 15,660 | 16,718 | 16,857 | 17,030 | 16,909 | 17,306 | |
Italic numbers are calculated by StockData from reported figures (hover for the formula). Numbers with a dotted underline are read from the text of earnings releases and presentations; hover to see the exact sentence. Tick a row to add it to the chart above (up to 8 lines).
Methodology and excluded metrics
- United Parcel Service, Inc. (NYSE: UPS, CIK 0001090727) reports on a calendar fiscal year ending December 31 under U.S. GAAP. Latest reported quarter is Q3 2026 (ended September 30, 2026, filed on Form 8-K October 27, 2026 alongside Q3 2026 Historical & Financial Info schedules); the Q3 2026 Form 10-Q XBRL filing follows in early November 2026.
- The 2026 annual column holds UPS's official published 2026 Operating Days schedule (253 consolidated days) and updated full-year 2026 financial guidance from the October 27, 2026 Form 8-K (Consolidated Revenue ~$92.6B, Non-GAAP Adjusted Operating Profit ~$8.75B, Non-GAAP Adjusted Diluted EPS ~$7.28, Non-GAAP Free Cash Flow ~$6.1B, CapEx ~$3.0B, Dividends ~$5.4B, Pension Contributions ~$1.3B, and $3.0B Network Reconfiguration cost-out target).
- Core package volume, service-line revenue, RPP, U.S. CPP, 7-category natural operating expenses, and quarterly aircraft fleet series span up to 47 consecutive quarters (FY2015Q1–FY2026Q3) and 11–18 annual periods from UPS Investor Relations Excel schedules, SEC Form 10-K/10-Q/8-K filings, webcast decks, and earnings call transcripts.
- Portfolio breakpoints: UPS divested UPS Freight (less-than-truckload) in April 2021, divested Coyote Logistics (truckload brokerage within Forwarding) in September 2024, acquired Frigo-Trans (Q1 2025) and Andlauer Healthcare Group / AHG (Q4 2025) within Healthcare Logistics, launched its U.S. Network Reconfiguration in January 2025 to glide down Amazon volume by ~50% by mid-2026, and retired the Boeing MD-11 fleet in Q1 2026.
- U.S. GAAP consolidated SEC filings do not include standalone parent-only financial statements and UPS has no separately listed operating subsidiary, so consolidated − standalone subtraction is not applicable.
- All cells are directly disclosed figures (with verbatim quotes on prose/slide/transcript cells) or permitted YTD/Q4 cash-flow and segment period splits; zero custom ratios, sums, or interpolated estimates are computed.
Not shown because recent periods are missing (6)
- Core Package Volume, Customer Mix & Operating Days › Small & Medium-Sized Businesses (SMB) Share of Total U.S. Volume (%) › B2B Share of Total U.S. Package Volume (%)
- Core Package Volume, Customer Mix & Operating Days › Daily Shipping Customers Served (millions) › Daily Delivery Recipients Served (millions)
- Core Package Volume, Customer Mix & Operating Days › Operating Days in Period — Consolidated Small Package › UPS Freight LTL Operating Days (divested April 2021)
- Service-Line Revenue Disaggregation, Non-GAAP Segment Profit & Free Cash Flow › Supply Chain Solutions Service-Line Revenue ($M) › UPS Freight LTL Revenue (divested April 2021, $M)
- Service-Line Revenue Disaggregation, Non-GAAP Segment Profit & Free Cash Flow › Non-GAAP Adjusted Net Income ($M) › Non-GAAP Adjusted Return on Invested Capital — ROIC (TTM %)
- Operating Expense Structure by Nature & Network Reconfiguration › Total Consolidated GAAP Operating Expenses ($M) › Total Consolidated Non-GAAP Adjusted Operating Expenses ($M)
Data updated 2026-10-31.
Every KPI on its own page
Full history, chart, sources and a citation for each metric
Core Package Volume, Customer Mix & Operating Days
- Consolidated Average Daily Package Volume — ADV (thousand pieces/day)47 periods
- Total Consolidated Package Volume (million pieces) (M)47 periods
- Small & Medium-Sized Businesses (SMB) Share of Total U.S. Volume (%) (%)11 periods
- Daily Shipping Customers Served (millions) (M)7 periods
- Operating Days in Period — Consolidated Small Package (days)47 periods
Unit Economics — Revenue Per Piece (RPP), Cost Per Piece (CPP) & Revenue Drivers
- Consolidated Average Revenue Per Piece — RPP ($/piece) ($)47 periods
- U.S. Domestic GAAP Cost Per Piece — CPP ($/piece) ($)14 periods
- U.S. Domestic Revenue Change Drivers — Rates/Mix Contribution (y/y pts) (%)8 periods
- International Package Revenue Change Drivers — Rates/Mix Contribution (y/y pts) (%)8 periods
Service-Line Revenue Disaggregation, Non-GAAP Segment Profit & Free Cash Flow
- U.S. Domestic Service-Line Revenue ($M) ($M)47 periods
- International Service-Line Revenue ($M) ($M)47 periods
- Supply Chain Solutions Service-Line Revenue ($M) ($M)47 periods
- Non-GAAP Adjusted Consolidated Operating Profit ($M, FY2026 = Official Guidance) ($M)15 periods
- Non-GAAP Adjusted Net Income ($M) ($M)15 periods
- Non-GAAP Free Cash Flow ($M, FY2026 = Official Guidance) ($M)23 periods
Operating Expense Structure by Nature & Network Reconfiguration
UPS Airlines Fleet, Ground Vehicles, Operating Facilities & Gross PP&E
- UPS Airlines — Owned & Finance Lease Aircraft in Operation (aircraft)19 periods
- UPS Airlines — Short-Term Chartered & Operating Lease Aircraft19 periods
- UPS Airlines — Firm Aircraft On Order (Total)19 periods
- Global Ground Motor Vehicle Fleet (package cars, vans, tractors & motorcycles)7 periods
- U.S. Package Operating Facilities Floor Space (million sq ft) (M sq ft)7 periods
- Gross Property, Plant & Equipment by Asset Class ($M) ($M)6 periods
Workforce, Union Collective Bargaining, Pensions, Leases & Commitments
- Permanent Global Workforce (excluding seasonal employees)6 periods
- Discretionary & Cash Employer Pension Contributions ($M, FY2026 = Official Guidance) ($M)17 periods
- Multiemployer Union Pension Plan Contributions ($M — Teamsters & IAM) ($M)7 periods
- Annual Operating Lease Cost ($M) ($M)7 periods
- Unconditional Capital Purchase Commitments — Total ($M — Aircraft, Hubs & Vehicles) ($M)7 periods
External Freight, Air Cargo, Fuel, Courier Employment & E-Commerce Benchmarks (FRED)
- Cass Freight Index: Shipments (Jan 1990 = 1.00) (×)105 periods
- U.S. Air Carrier Cargo Revenue Ton-Miles — Unadjusted (million RTM) (M)103 periods
- U.S. BLS Employment: Couriers & Messengers — NAICS 492 (thousands, SA)105 periods
- U.S. BLS Producer Price Index: Couriers & Express Delivery Services (Dec 2003 = 100)105 periods
- U.S. EIA Regular On-Highway Diesel Retail Price ($/gallon) ($)106 periods
- U.S. Census Monthly Retail Sales: Nonstore / E-Commerce Retailers ($M, NSA) ($M)104 periods