United Parcel Service (UPS) Capital Expenditures (2009 - 2026)
United Parcel Service (UPS) posted Capital Expenditures of $693 million for Q2 2026, down 38.3% from $1.12 billion a year earlier and down 32.8% from the prior quarter.
United Parcel Service (UPS) Capital Expenditures (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at United Parcel Service was $3.41 billion, down 13.5% year-over-year; for FY2025, it was $3.69 billion, down 5.7% from FY2024.
- Annual Capital Expenditures shows a five-year compound annual growth rate of -7.4% (FY2020 to FY2025).
- In prior years, United Parcel Service's Capital Expenditures was $3.91 billion in FY2024 (-24.2%), $5.16 billion in FY2023 (+8.2%), $4.77 billion in FY2022 (+13.7%) and $4.19 billion in FY2021 (-22.5%).
- The Q2 2026 figure stands as the lowest quarterly Capital Expenditures since Q1 2023.
- On a year-over-year basis, Capital Expenditures increased in three of the last eight quarters, with an average decline of 14.5%.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q1 2024, with growth of 70.0%; the weakest was Q4 2024, with a decline of 46.4%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $1.03 billion (Q1 2026), $716 million (Q4 2025) and $970 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 873.00 Mn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 576.00 Mn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 547.98 Mn |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 693.00 Mn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 439.00 Mn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 1.47 Bn |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | -786.00 Mn |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 77.04 Mn |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | -551.77 Mn |
| 10 | Copart | 25.27 Bn | 9.69 Bn | 645.66 Mn | 78.81 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 693.00 Mn |
| Mar 31, 2026 | 1.03 Bn |
| Dec 31, 2025 | 716.00 Mn |
| Sep 30, 2025 | 970.00 Mn |
| Jun 30, 2025 | 1.12 Bn |
| Mar 31, 2025 | 876.00 Mn |
| Dec 31, 2024 | 1.10 Bn |
| Sep 30, 2024 | 843.00 Mn |
| Jun 30, 2024 | 933.00 Mn |
| Mar 31, 2024 | 1.04 Bn |
| Dec 31, 2023 | 2.05 Bn |
| Sep 30, 2023 | 1.29 Bn |
| Jun 30, 2023 | 1.21 Bn |
| Mar 31, 2023 | 609.00 Mn |
| Dec 31, 2022 | 2.49 Bn |
| Sep 30, 2022 | 890.00 Mn |
| Jun 30, 2022 | 840.00 Mn |
| Mar 31, 2022 | 548.00 Mn |
| Dec 31, 2021 | 1.62 Bn |
| Sep 30, 2021 | 900.00 Mn |
United Parcel Service Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=UPS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "UPS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=UPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();