United Parcel Service (UPS) EV to FCF (2009 - 2026)
United Parcel Service's (UPS) EV to FCF was 9.99 for Q3 2026, down 20.2% from 12.51 a year earlier and down 28.2% from the prior quarter.
United Parcel Service (UPS) EV to FCF (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, United Parcel Service's EV to FCF came in at 7.41, down 12.7% year-over-year; for FY2025, it came in at 14.25, up 1.8% from FY2024.
- By year, EV to FCF came in at 14.00 in FY2024 (-34.3%), 21.30 in FY2023 (+67.9%), 12.69 in FY2022 (-6.3%) and 13.54 in FY2021 (-51.1%).
- The Q3 2026 figure ranks as the lowest quarterly EV to FCF in data going back to Q2 2009.
- Year over year, EV to FCF gained in two of the last eight quarters, with an average decline of 18.0%.
- The high point for year-over-year EV to FCF in five years was Q3 2023 (growth of 80.1%); the low point was Q4 2021 (a decline of 51.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 13.91 (Q2 2026), 14.99 (Q1 2026) and 14.25 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 176.01 Bn | 168.25 Bn | - |
| 2 | Csx | 93.62 Bn | 88.85 Bn | - |
| 3 | United Parcel Service | 92.85 Bn | 69.67 Bn | - |
| 4 | Canadian Pacific Kansas City | 82.31 Bn | 81.35 Bn | - |
| 5 | Fedex | 74.59 Bn | 40.78 Bn | - |
| 6 | Norfolk Southern | 72.94 Bn | 67.40 Bn | - |
| 7 | Delta Air Lines | 59.87 Bn | 42.05 Bn | - |
| 8 | United Airlines Holdings | 39.08 Bn | -18.61 Bn | - |
| 9 | Old Dominion Freight Line | 34.91 Bn | 33.76 Bn | - |
| 10 | Ryanair Holdings | 32.51 Bn | -871.89 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.99 |
| Jun 30, 2026 | 13.91 |
| Mar 31, 2026 | 14.99 |
| Dec 31, 2025 | 14.25 |
| Sep 30, 2025 | 12.51 |
| Jun 30, 2025 | 19.22 |
| Mar 31, 2025 | 14.08 |
| Dec 31, 2024 | 14.00 |
| Sep 30, 2024 | 21.50 |
| Jun 30, 2024 | 20.17 |
| Mar 31, 2024 | 18.51 |
| Dec 31, 2023 | 21.30 |
| Sep 30, 2023 | 18.97 |
| Jun 30, 2023 | 19.63 |
| Mar 31, 2023 | 18.35 |
| Dec 31, 2022 | 12.69 |
| Sep 30, 2022 | 10.53 |
| Jun 30, 2022 | 11.12 |
| Mar 31, 2022 | 13.12 |
| Dec 31, 2021 | 13.54 |
United Parcel Service EV to FCF 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=ev-to-fcf&ticker=UPS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=UPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();