United Parcel Service (UPS) Financials: Revenue & Earnings

UPS price $104.65 -1.44 -1.36%

Ticker
UPS
Price
$104.65
Change
-1.44 -1.36%
Market cap ?
$78.42B
P/E ?
18.59
Forward P/E ?
14.56
Dividend yield ?
6.55%
Beta ?
1.04
Sector
Industrials
Industry
Integrated Freight & Logistics
Stocklytics score
38
Value
60
Quality
33
Growth
20

Stocklytics score rationale: value 60, quality 33, growth 20.

Financials

2016201720182019202020212022202320242025
605020000006655000000071911000000739170000008443200000097204000000100034000000907450000009089400000088661000000

United Parcel Service, Inc., a package delivery and logistics provider, offers transportation and delivery services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery services for express letters, documents, packages and palletized freight through air and ground services. The International Package segment provides small…

Fair value

UPS fair value $122.01. Price $104.65. Price is 14% below fair value.

Above fair value, and more expensive than usual. A larger premium than on 87% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 5.49B. Growth 7.31%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 10.05% (beta 1.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 749.35M. Net debt 22.70B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare UPS

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2027-01-26—2.74—25.65B
2026-10-271.691.6222.90B22.27B
2026-07-281.761.6622.80B21.86B
2026-04-281.071.0421.20B21.86B
2026-01-272.382.2024.50B24.01B
2025-10-281.741.2921.41B20.84B
2025-07-291.551.5621.22B20.85B
2025-04-291.491.3821.55B21.00B
2025-01-302.752.5225.30B25.41B
2024-10-241.761.6322.25B22.10B
2024-07-231.791.9921.77B22.17B
2024-04-231.431.2921.66B21.84B
2024-01-302.472.4424.92B25.45B
2023-10-261.571.5221.06B21.45B
2023-08-082.542.5022.05B23.10B
2023-04-252.202.2122.93B23.01B
2023-01-313.623.5927.03B28.08B
2022-10-252.992.8424.16B24.29B
2022-07-263.293.1624.77B24.65B
2022-04-263.052.8824.38B23.82B
2022-02-013.593.1027.77B27.06B
2021-10-262.712.5523.18B22.65B
2021-07-273.062.8223.42B22.65B
2021-04-272.771.6722.91B22.09B
2021-02-022.662.1124.90B18.85B
2020-10-282.281.9021.24B17.70B
2020-07-302.131.0720.46B18.19B
2020-04-281.151.2318.04B19.29B
2020-01-302.112.1020.57B20.57B
2019-10-222.072.0618.32B18.23B
2019-07-241.961.9218.05B17.77B
2019-04-251.391.4117.16B17.53B
2019-01-311.941.9119.85B19.44B
2018-10-241.821.8217.44B17.44B
2018-07-251.941.9317.46B17.37B
2018-04-261.551.5417.11B17.00B
2018-02-011.671.6518.83B18.86B
2017-10-261.451.4515.98B16.17B
2017-07-271.581.4715.75B14.82B
2017-04-271.321.2915.31B15.16B

Dividends

Yield 6.27%. Payout ratio 118.36%. Frequency Quarterly.

Safety score 51/100 · Watch. Payout ratio is 118% of earnings, above what earnings cover. Dividends use most of free cash flow. Dividends were paid in 28 separate years. Yield is 6.3%, which is on the high side.

Ex-dateDividendRecordPaymentFrequency
2026-08-17$1.642026-08-172026-09-03Quarterly
2026-05-18$1.642026-05-182026-06-04Quarterly
2026-02-17$1.642026-02-172026-03-05Quarterly
2025-11-17$1.642025-11-172025-12-04Quarterly
2025-08-18$1.642025-08-182025-09-04Quarterly
2025-05-19$1.642025-05-192025-06-05Quarterly
2025-02-18$1.642025-02-182025-03-06Quarterly
2024-11-18$1.632024-11-182024-12-05Quarterly
2024-08-19$1.632024-08-192024-09-05Quarterly
2024-05-10$1.632024-05-132024-05-30Quarterly
2024-02-16$1.632024-02-202024-03-08Quarterly
2023-11-10$1.622023-11-132023-11-30Quarterly
2023-08-11$1.622023-08-142023-08-31Quarterly
2023-05-12$1.622023-05-152023-06-01Quarterly
2023-02-17$1.622023-02-212023-03-10Quarterly
2022-11-10$1.522022-11-142022-12-01Quarterly
2022-08-12$1.522022-08-152022-09-01Quarterly
2022-05-13$1.522022-05-162022-06-02Quarterly
2022-02-18$1.522022-02-222022-03-10Quarterly
2021-11-19$1.022021-11-222021-12-08Quarterly
2021-08-20$1.022021-08-232021-09-09Quarterly
2021-05-21$1.022021-05-242021-06-09Quarterly
2021-02-19$1.022021-02-222021-03-10Quarterly
2020-11-12$1.012020-11-132020-12-03Quarterly
2020-08-21$1.012020-08-242020-09-09Quarterly
2020-05-22$1.012020-05-262020-06-10Quarterly
2020-02-24$1.012020-02-252020-03-10Quarterly
2019-11-15$0.962019-11-182019-12-04Quarterly
2019-08-16$0.962019-08-192019-09-04Quarterly
2019-05-17$0.962019-05-202019-06-05Quarterly
2019-02-25$0.962019-02-262019-03-12Quarterly
2018-11-16$0.912018-11-192018-12-05Quarterly
2018-08-17$0.912018-08-202018-09-05Quarterly
2018-05-18$0.912018-05-212018-06-06Quarterly
2018-02-16$0.912018-02-202018-03-07Quarterly
2017-11-10$0.832017-11-132017-11-29Quarterly
2017-08-10$0.832017-08-142017-08-30Quarterly
2017-05-11$0.832017-05-152017-05-31Quarterly
2017-02-16$0.832017-02-212017-03-08Quarterly
2016-11-09$0.782016-11-142016-11-30Quarterly
2016-08-12$0.782016-08-162016-08-31Quarterly
2016-05-12$0.782016-05-162016-06-01Quarterly
2016-02-18$0.782016-02-222016-03-09Quarterly
2015-11-12$0.732015-11-162015-12-02Quarterly
2015-08-13$0.732015-08-172015-09-01Quarterly
2015-05-14$0.732015-05-182015-06-03Quarterly
2015-02-19$0.732015-02-232015-03-10Quarterly
2014-11-13$0.672014-11-172014-12-03Quarterly
2014-08-14$0.672014-08-182014-09-03Quarterly
2014-05-15$0.672014-05-192014-06-04Quarterly
2014-02-20$0.672014-02-242014-03-11Quarterly
2013-11-14$0.622013-11-182013-12-04Quarterly
2013-08-15$0.622013-08-192013-09-04Quarterly
2013-05-09$0.622013-05-132013-05-29Quarterly
2013-02-21$0.622013-02-252013-03-12Quarterly
2012-11-15$0.572012-11-192012-12-05Quarterly
2012-08-16$0.572012-08-202012-09-05Quarterly
2012-05-10$0.572012-05-142012-05-30Quarterly
2012-02-16$0.572012-02-212012-03-07Quarterly
2011-11-09$0.522011-11-142011-11-30Quarterly
2011-08-18$0.522011-08-222011-09-07Quarterly
2011-05-12$0.522011-05-162011-06-01Quarterly
2011-02-10$0.522011-02-142011-03-02Quarterly
2010-11-10$0.472010-11-152010-12-01Quarterly
2010-08-12$0.472010-08-162010-09-01Quarterly
2010-05-13$0.472010-05-172010-06-02Quarterly
2010-02-11$0.472010-02-162010-03-03Quarterly
2009-11-12$0.452009-11-162009-12-03Quarterly
2009-08-20$0.452009-08-242009-09-09Quarterly
2009-05-14$0.452009-05-182009-06-03Quarterly
2009-02-19$0.452009-02-232009-03-10Quarterly
2008-11-13$0.452008-11-172008-12-03Quarterly
2008-08-21$0.452008-08-252008-09-09Quarterly
2008-05-15$0.452008-05-192008-06-03Quarterly
2008-02-07$0.452008-02-112008-03-04Quarterly
2007-11-15$0.422007-11-192008-01-03Quarterly
2007-09-06$0.422007-09-102007-09-17Quarterly
2007-05-17$0.422007-05-212007-06-05Quarterly
2007-02-15$0.422007-02-202007-03-06Quarterly
2006-11-22$0.382006-11-272007-01-04Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-09-01Ramos WilfredoBuy5.41K——
2026-09-01Subramanian BalaBuy29.22K——
2026-09-01Cesarone NandoBuy58.45K——
2026-09-01Ramos WilfredoOther0——
2026-09-01Ramos WilfredoOther0——
2026-09-01Ramos WilfredoOther4.14K$95.89397.37K
2026-09-01Ramos WilfredoOther17.29K$116.742.02M
2026-09-01Ramos WilfredoOther2.04K$154.76316.33K
2026-09-01Ramos WilfredoOther1.60K$185.54296.68K
2026-09-01Ramos WilfredoOther1.98K——
2026-09-01Ramos WilfredoOther4.84K——
2026-05-15Subramanian BalaBuy3.09K——
2026-05-15Subramanian BalaSell1.03K$100.78103.50K
2026-05-15Subramanian BalaSell3.09K——
2026-05-15Gutmann Kathleen M.Buy3.55K——
2026-05-15Gutmann Kathleen M.Sell1.58K$100.78159.43K
2026-05-15Gutmann Kathleen M.Sell3.55K——
2026-05-15Guffey Matthew WBuy2.67K——
2026-05-15Guffey Matthew WSell1.19K$100.78119.83K
2026-05-15Guffey Matthew WSell2.67K——
2026-05-15Dykes Brian MBuy3.14K——
2026-05-15Dykes Brian MSell1.40K$100.78140.89K
2026-05-15Dykes Brian MSell3.14K——
2026-05-15Cesarone NandoBuy3.55K——
2026-05-15Cesarone NandoSell1.58K$100.78159.43K
2026-05-15Cesarone NandoSell3.55K——
2026-05-15Ford Darrell LBuy2.17K——
2026-05-15Ford Darrell LSell969$100.7897.66K
2026-05-15Ford Darrell LSell2.17K——
2026-05-15Brothers Norman M. JrBuy2.50K——
2026-05-15Brothers Norman M. JrSell1.12K$100.78112.47K
2026-05-15Brothers Norman M. JrSell2.50K——
2026-05-07Warsh Kevin MBuy1.95K——
2026-05-07MORIKIS JOHN GBuy1.95K——
2026-05-07Hwang AngelaBuy1.95K——
2026-05-07Boratto Eva CBuy1.95K——
2026-05-07JOHNSON WILLIAM RBuy2.65K——
2026-05-07Stokes RussellBuy1.95K——
2026-05-07Shi Christiana SmithBuy1.95K——
2026-05-07MOISON FRANCK JBuy1.95K——
2026-05-07Hewett Wayne M.Buy1.95K——
2026-05-07CLARK KEVIN PBuy1.95K——
2026-05-07Adkins Rodney CBuy1.95K——
2026-05-06Brothers Norman M. JrBuy8.91K——
2026-05-06TOME CAROL BBuy30.23K——
2026-05-06Gutmann Kathleen M.Buy13.89K——
2026-05-06Guffey Matthew WBuy11.42K——
2026-05-06Warsh Kevin MBuy313——
2026-05-06Subramanian BalaBuy10.57K——
2026-05-06Ford Darrell LBuy7.66K——
2026-05-06Cesarone NandoBuy13.89K——
2026-05-06Dykes Brian MBuy12.50K——
2026-02-13TOME CAROL BBuy7.79K——
2026-02-13TOME CAROL BSell2.33K$99.19231.21K
2026-02-13TOME CAROL BSell7.79K——
2026-02-13Subramanian BalaBuy1.68K——
2026-02-13Subramanian BalaSell470$99.1946.62K
2026-02-13Subramanian BalaSell1.68K——
2026-02-13Gutmann Kathleen M.Buy1.83K——
2026-02-13Gutmann Kathleen M.Sell872$99.1986.49K
2026-02-13Gutmann Kathleen M.Sell1.83K——
2026-02-13Guffey Matthew WBuy439——
2026-02-13Guffey Matthew WSell196$99.1919.44K
2026-02-13Guffey Matthew WSell439——
2026-02-13Ford Darrell LBuy1.19K——
2026-02-13Ford Darrell LSell592$99.1958.72K
2026-02-13Ford Darrell LSell1.19K——
2026-02-13Dykes Brian MBuy499——
2026-02-13Dykes Brian MSell249$99.1924.70K
2026-02-13Dykes Brian MSell499——
2026-02-13Cesarone NandoBuy1.83K——
2026-02-13Cesarone NandoSell871$99.1986.39K
2026-02-13Cesarone NandoSell1.83K——
2026-02-13Brothers Norman M. JrBuy1.25K——
2026-02-13Brothers Norman M. JrSell617$99.1961.20K
2026-02-13Brothers Norman M. JrSell1.25K——
2026-02-04Warsh Kevin MBuy268——
2026-02-04TOME CAROL BBuy205.46K$116.7423.99M
2026-02-04TOME CAROL BBuy7.79K——
2026-02-04Subramanian BalaBuy44.65K$116.745.21M
2026-02-04Subramanian BalaBuy1.68K——
2026-02-04Gutmann Kathleen M.Buy51.38K$116.746.00M
2026-02-04Gutmann Kathleen M.Buy1.83K——
2026-02-04Dykes Brian MBuy45.39K$116.745.30M
2026-02-04Guffey Matthew WBuy38.58K$116.744.50M
2026-02-04Dykes Brian MBuy499——
2026-02-04Guffey Matthew WBuy439——
2026-02-04Cesarone NandoBuy51.38K$116.746.00M
2026-02-04Ford Darrell LBuy32.34K$116.743.78M
2026-02-04Cesarone NandoBuy1.83K——
2026-02-04Ford Darrell LBuy1.19K——
2026-02-04Brothers Norman M. JrBuy37.27K$116.744.35M
2026-02-04Brothers Norman M. JrBuy1.25K——
2026-02-02Guffey Matthew WBuy3.15K——
2026-02-02Guffey Matthew WSell1.46K$106.22155.45K
2026-02-02Guffey Matthew WSell3.15K——
2026-01-28Brothers Norman M. JrSell388$107.6841.78K
2026-01-28Brothers Norman M. JrSell3.24K$106.68345.75K
2026-01-28Brothers Norman M. JrSell21.39K$106.042.27M
2026-01-26Brothers Norman M. JrBuy25.01K——

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 2.26K, holders +41 vs prior quarter. Ownership 65.65%.

HolderSharesChangeChange %Value
BLACKROCK, INC.54.93M3.81M+7.46%5.90B
VANGUARD CAPITAL MANAGEMENT LLC48.74M586.48K+1.22%5.24B
STATE STREET CORP33.86M1.27M+3.88%3.64B
FMR LLC32.85M273.72K+0.84%3.53B
CHARLES SCHWAB INVESTMENT MANAGEMENT INC24.70M2.59M+11.69%2.66B
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.24.70M24.70MNew2.66B
GEODE CAPITAL MANAGEMENT, LLC17.86M349.39K+2.00%1.91B
VICTORY CAPITAL MANAGEMENT INC14.25M3.21M+29.07%1.53B
VANGUARD PORTFOLIO MANAGEMENT LLC13.89M417.26K+3.10%1.49B
BANK OF AMERICA CORP /DE/10.80M1.07M+10.97%1.16B
MORGAN STANLEY8.90M-1.27M-12.48%956.92M
GOLDMAN SACHS GROUP INC8.84M8.01M+958.68%950.41M
CAPITAL WORLD INVESTORS8.02M5.05M+170.40%862.06M
NORGES BANK8.02M8.02MNew862.01M
UBS GROUP AG7.22M289.12K+4.17%776.63M
NORTHERN TRUST CORP7.03M-76.72K-1.08%755.65M
ROYAL BANK OF CANADA6.47M578.66K+9.82%695.57M
DIMENSIONAL FUND ADVISORS LP5.51M476.93K+9.47%592.87M
FRANKLIN TEMPLETON INC4.78M1.77M+58.80%514.08M
INVESCO LTD.4.67M-932.71K-16.65%501.97M
NORDEA INVESTMENT MANAGEMENT AB4.72M371.48K+8.55%501.59M
BANK OF NEW YORK MELLON CORP4.59M-47.35K-1.02%493.64M
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC4.30M-740.57K-14.71%461.77M
VANGUARD FIDUCIARY TRUST CO4.19M30.06K+0.72%450.62M
LEGAL & GENERAL GROUP PLC4.16M-21.07K-0.50%447.32M

Earnings and financials

United Parcel Service, Inc. (UPS) trades at $104.65, with a market cap of $78.42B and a trailing P/E of 18.59. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.

Financials

2016201720182019202020212022202320242025
605020000006655000000071911000000739170000008443200000097204000000100034000000907450000009089400000088661000000

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United Parcel Service (UPS) Financials: Revenue & Earnings

UPS$104.65-1.44 -1.36%

$78.42B

Market Cap

18.59

P/E

14.56

Forward P/E

38

Score

Price History