UPS
United Parcel Service, Inc.
Stock
$93.02−0.87 (−0.93%)Close Oct 2, 2026
Cash flow statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $8.9B | $8.5B | $10.1B | $10.2B | $14.1B | $15.0B | $10.5B | $8.6B | $12.7B | $1.5B | $6.5B | $7.4B | $5.7B | $7.3B | $7.2B | $7.1B | $3.8B | $5.3B | $8.4B | $1.1B |
| Capital expenditures | $3.4B | $3.7B | $3.9B | $5.2B | $4.8B | $4.2B | $5.4B | $6.4B | $6.3B | $5.2B | $3.0B | $2.4B | $2.3B | $2.1B | $2.2B | $2.0B | $1.4B | $1.6B | $2.6B | $2.8B |
| Free cash flow | $5.5B | $4.8B | $6.2B | $5.1B | $9.3B | $10.8B | $5.0B | $2.3B | $6.4B | −$3.7B | $3.5B | $5.1B | $3.4B | $5.2B | $5.1B | $5.1B | $2.4B | $3.7B | $5.8B | −$1.7B |
| Stock-based compensation | $115M | $73M | $24M | $220M | $1.6B | $878M | $796M | $915M | $634M | $584M | $591M | $574M | $536M | $513M | $547M | $524M | $519M | $430M | $516M | $447M |
| Buybacks | $0 | $1.0B | $500M | $2.3B | $3.5B | $500M | $224M | $1.0B | $1.0B | $1.8B | $2.7B | $2.7B | $2.7B | $3.8B | $1.6B | $2.7B | $817M | $561M | $3.6B | $2.6B |
| Dividends paid | $5.4B | $5.4B | $5.4B | $5.4B | $5.1B | $3.4B | $3.4B | $3.2B | $3.0B | $2.8B | $2.6B | $2.5B | $2.4B | $2.3B | $2.1B | $2.0B | $1.8B | $1.8B | $2.2B | $1.7B |
| Dividends per share | $6.56 | $6.56 | $6.52 | $6.48 | $6.08 | $4.08 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free cash flow margin | 6.1% | 5.4% | 6.8% | 5.6% | 9.3% | 11.1% | 6.0% | 3.0% | 8.9% | −5.7% | 5.8% | 8.7% | 5.8% | 9.5% | 9.4% | 9.5% | 4.9% | 8.1% | 11.2% | −3.4% |