United Parcel Service (UPS): financials, SEC filings and peers
United Parcel Service (UPS) is an air freight & logistics company in the Industrials sector of the S&P 500, headquartered in Sandy Springs, Georgia.
It was founded in 1907 and joined the S&P 500 on July 22, 2002.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “Trucking & Courier Services (No Air)”.
United Parcel Service at a glance
- Revenue (12 months)
- $89.9B
- Revenue growth
- -0.4%
- Operating margin
- 7.3%
- Net income (12 months)
- $4.6B
- Free cash flow (12 months)
- $5.5B
- Cash
- $4.7B
- Debt
- $24.5B
- Diluted EPS (12 months)
- $5.38
Twelve months to June 30, 2026, from the 10-Q filed August 5, 2026.
Latest twelve months
Over the twelve months to June 30, 2026, United Parcel Service reported revenue of $89.9 billion, about the same as a year earlier (-0.4%).
Its operating margin was 7.3%, down 2.0 percentage points from a year earlier: for every $100 of sales, about $7 was left as operating profit.
Net income was $4.6 billion (5.1% of revenue), 20.2% lower than a year earlier.
Operating cash flow was $8.9 billion and capital spending $3.4 billion, leaving free cash flow of $5.5 billion (6.1% of revenue).
At the end of the period it held $4.7 billion in cash and $24.5 billion in debt, a net debt position of $19.8 billion.
Five-year trend
- Revenue went from $84.6 billion in fiscal 2020 to $88.7 billion in fiscal 2025, about 0.9% a year.
- Operating margin has been steady, around 8.9%.
- Free cash flow was positive in each of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $97.3B | $100.3B | $91.0B | $91.1B | $88.7B |
| Revenue growth | 15.0% | 3.1% | -9.3% | 0.1% | -2.6% |
| Operating margin | 13.2% | 13.0% | 10.0% | 9.3% | 8.9% |
| Net income | $12.9B | $11.5B | $6.7B | $5.8B | $5.6B |
| Free cash flow | $10.8B | $9.3B | $5.1B | $6.2B | $4.8B |
| Diluted EPS | $14.68 | $13.20 | $7.80 | $6.75 | $6.56 |
Fiscal years as reported in United Parcel Service’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed August 31, 2026 — Executive or director change; Regulation FD disclosure
- 8-K filed August 18, 2026 — Other event
- 8-K filed August 12, 2026 — Other event
- 10-Q filed August 5, 2026 — quarterly report
- 8-K filed July 28, 2026 — Earnings results
- 8-K filed June 15, 2026 — Executive or director change
- 8-K filed May 13, 2026 — Executive or director change
- 8-K filed May 11, 2026 — Executive or director change; Shareholder vote results
Companies like United Parcel Service
Other S&P 500 companies in Air Freight & Logistics:
- CHRWC.H. RobinsonEden Prairie, Minnesota
- EXPDExpeditors InternationalSeattle, Washington
- FDXFedExMemphis, Tennessee
More from Industrials
Questions about United Parcel Service
Is United Parcel Service's revenue growing?
No. Revenue for the twelve months to June 30, 2026 was $89.9 billion, down 0.4% from a year earlier, according to its SEC filings.
Is United Parcel Service profitable?
Yes. It earned $4.6 billion in net income over the twelve months to June 30, 2026, a net margin of 5.1%.
Does United Parcel Service have more cash or more debt?
At June 30, 2026 it had $4.7 billion in cash and $24.5 billion in debt, so more debt than cash.
When did United Parcel Service last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on August 5, 2026.
Which companies are similar to United Parcel Service?
In the S&P 500, United Parcel Service is grouped in Air Freight & Logistics within the Industrials sector. C.H. Robinson (CHRW), Expeditors International (EXPD), FedEx (FDX) are in the same group.
Understand the numbers
Source: United Parcel Service’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.