United Parcel Service (UPS) Depreciation & Amortization (CF) (2009 - 2026)
United Parcel Service (UPS) reported Depreciation & Amortization (CF) of $980 million for Q2 2026, up 4.7% from $936 million a year earlier but down 0.5% from the prior quarter.
United Parcel Service (UPS) Depreciation & Amortization (CF) (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, United Parcel Service's Depreciation & Amortization (CF) came in at $3.86 billion, up 5.2% year-over-year; for FY2025, it was $3.75 billion, up 3.8% from FY2024.
- Depreciation & Amortization (CF) has increased for seven consecutive years, with a five-year compound annual growth rate of 6.8% (FY2020 to FY2025).
- By year, Depreciation & Amortization (CF) came in at $3.61 billion in FY2024 (+7.2%), $3.37 billion in FY2023 (+5.6%), $3.19 billion in FY2022 (+8.0%) and $2.95 billion in FY2021 (+9.5%).
- Five-year quarterly Depreciation & Amortization (CF) spans a low of $738 million in Q3 2021 and a high of $985 million in Q1 2026.
- Year over year, Depreciation & Amortization (CF) has now increased in each of the last ten quarters, with growth averaging 5.2% over the last eight quarters.
- The high point for year-over-year Depreciation & Amortization (CF) in five years was Q4 2022 (growth of 17.8%); the low point was Q4 2023 (a decline of 2.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $985 million (Q1 2026), $972 million (Q4 2025) and $926 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 638.00 Mn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 411.00 Mn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 375.20 Mn |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 980.00 Mn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 358.00 Mn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 1.13 Bn |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | - |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 484.82 Mn |
| 10 | Copart | 25.27 Bn | 9.69 Bn | 645.66 Mn | 69.67 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 980.00 Mn |
| Mar 31, 2026 | 985.00 Mn |
| Dec 31, 2025 | 972.00 Mn |
| Sep 30, 2025 | 926.00 Mn |
| Jun 30, 2025 | 936.00 Mn |
| Mar 31, 2025 | 912.00 Mn |
| Dec 31, 2024 | 919.00 Mn |
| Sep 30, 2024 | 905.00 Mn |
| Jun 30, 2024 | 887.00 Mn |
| Mar 31, 2024 | 898.00 Mn |
| Dec 31, 2023 | 867.00 Mn |
| Sep 30, 2023 | 837.00 Mn |
| Jun 30, 2023 | 828.00 Mn |
| Mar 31, 2023 | 834.00 Mn |
| Dec 31, 2022 | 888.00 Mn |
| Sep 30, 2022 | 774.00 Mn |
| Jun 30, 2022 | 762.00 Mn |
| Mar 31, 2022 | 764.00 Mn |
| Dec 31, 2021 | 754.00 Mn |
| Sep 30, 2021 | 738.00 Mn |
United Parcel Service Depreciation & Amortization (CF) 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=depreciation-and-amortization-cf&ticker=UPS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "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=depreciation-and-amortization-cf&ticker=UPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();