United Parcel Service (UPS) Cash from Operations (2009 - 2026)
United Parcel Service's Cash from Operations came in at $2.9 billion for Q3 2026, up 17.0% from $2.48 billion a year earlier and up 238.0% from the prior quarter.
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Analysis
United Parcel Service (UPS) Cash from Operations (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, United Parcel Service reported Cash from Operations of $9.29 billion, up 9.7% year-over-year; for FY2025, it came in at $8.45 billion, down 16.5% from FY2024.
- Cash from Operations has declined in each of the last four years, with a five-year compound annual growth rate of -4.2% (FY2020 to FY2025).
- Going back by year, Cash from Operations was $10.12 billion in FY2024 (-1.1%), $10.24 billion in FY2023 (-27.4%), $14.1 billion in FY2022 (-6.0%) and $15.01 billion in FY2021 (+43.5%).
- The five-year range for quarterly Cash from Operations is $348 million (Q2 2025) to $4.48 billion (Q1 2022).
- Year-over-year, Cash from Operations increased in four of the last eight quarters, with growth averaging 18.7%.
- The fastest year-over-year change in Cash from Operations over five years came in Q4 2021 (growth of 176.0%), and the weakest in Q2 2025 (a decline of 82.5%).
- Business Quant data shows UPS's Cash from Operations at $859 million (Q2 2026), $2.22 billion (Q1 2026) and $3.3 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 176.50 Bn | 168.74 Bn | - | 2.79 Bn |
| 2 | United Parcel Service | 94.38 Bn | 71.20 Bn | - | 2.90 Bn |
| 3 | Csx | 93.38 Bn | 88.60 Bn | - | 1.62 Bn |
| 4 | Canadian Pacific Kansas City | 83.29 Bn | 82.32 Bn | - | 1.11 Bn |
| 5 | Fedex | 75.61 Bn | 41.81 Bn | - | 3.27 Bn |
| 6 | Norfolk Southern | 73.28 Bn | 67.74 Bn | - | 1.32 Bn |
| 7 | Delta Air Lines | 59.96 Bn | 42.14 Bn | - | 1.71 Bn |
| 8 | United Airlines Holdings | 39.09 Bn | -18.60 Bn | - | 465.00 Mn |
| 9 | Old Dominion Freight Line | 35.40 Bn | 34.24 Bn | - | 469.47 Mn |
| 10 | Ryanair Holdings | 32.52 Bn | 16.79 Bn | - | 4.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.90 Bn |
| Jun 30, 2026 | 859.00 Mn |
| Mar 31, 2026 | 2.22 Bn |
| Dec 31, 2025 | 3.30 Bn |
| Sep 30, 2025 | 2.48 Bn |
| Jun 30, 2025 | 348.00 Mn |
| Mar 31, 2025 | 2.32 Bn |
| Dec 31, 2024 | 3.32 Bn |
| Sep 30, 2024 | 1.50 Bn |
| Jun 30, 2024 | 1.99 Bn |
| Mar 31, 2024 | 3.32 Bn |
| Dec 31, 2023 | 2.41 Bn |
| Sep 30, 2023 | 2.23 Bn |
| Jun 30, 2023 | 3.24 Bn |
| Mar 31, 2023 | 2.36 Bn |
| Dec 31, 2022 | 3.33 Bn |
| Sep 30, 2022 | 2.48 Bn |
| Jun 30, 2022 | 3.81 Bn |
| Mar 31, 2022 | 4.48 Bn |
| Dec 31, 2021 | 3.25 Bn |
API Access
United Parcel Service Cash from Operations 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=cash-from-operations&ticker=UPS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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=cash-from-operations&ticker=UPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();