United Parcel Service (UPS) FCF Margin (2009 - 2026)
United Parcel Service's (UPS) quarterly FCF Margin came in at 0.73% in Q2 2026, up 438.0% year-over-year from 0.14% in Q2 2025, and down 87.08% quarter-over-quarter from 5.63% in Q1 2026.
Analysis
United Parcel Service (UPS) FCF Margin (2009 - 2026) Analysis & Trends
United Parcel Service (UPS) has reported FCF Margin for 18 consecutive years, with 0.73% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin rose 438.0% year-over-year to 0.73% in Q2 2026; TTM through Jun 2026 was 6.07%, a 215.0% increase from a year earlier, with the FY2025 full-year figure at 5.37%, down 145.0% from the prior year.
- FCF Margin was 0.73% for Q2 2026 at United Parcel Service, down from 5.63% in the prior quarter.
- Over five years, FCF Margin peaked at 16.13% in Q1 2022 and troughed at 3.65% in Q2 2025.
- A 5-year average of 6.37% and a median of 6.63% in 2022 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin jumped 731 bps in 2024 and sank 851 bps in 2025, its largest moves.
- Over 5 years, FCF Margin stood at 3.11% in 2022, then sank by 53 bps to 1.45% in 2023, then surged by 503 bps to 8.76% in 2024, then climbed by 21 bps to 10.56% in 2025, then slumped by 93 bps to 0.73% in 2026.
- The last three FCF Margin figures came in at 0.73% (Q2 2026), 5.63% (Q1 2026), and 10.56% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 76.65 Bn | 72.03 Bn | 19.65 Bn | 0.73% |
| 2 | Fedex | 76.27 Bn | 62.96 Bn | 18.84 Bn | 7.16% |
| 3 | ZTO Express (Cayman) | 16.58 Bn | 11.99 Bn | 550.21 Mn | 31.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.73% |
| Mar 31, 2026 | 5.63% |
| Dec 31, 2025 | 10.56% |
| Sep 30, 2025 | 7.06% |
| Jun 30, 2025 | -3.65% |
| Mar 31, 2025 | 6.69% |
| Dec 31, 2024 | 8.76% |
| Sep 30, 2024 | 2.94% |
| Jun 30, 2024 | 4.86% |
| Mar 31, 2024 | 10.51% |
| Dec 31, 2023 | 1.45% |
| Sep 30, 2023 | 4.48% |
| Jun 30, 2023 | 9.19% |
| Mar 31, 2023 | 7.62% |
| Dec 31, 2022 | 3.11% |
| Sep 30, 2022 | 6.58% |
| Jun 30, 2022 | 12.00% |
| Mar 31, 2022 | 16.13% |
| Dec 31, 2021 | 5.84% |
| Sep 30, 2021 | 10.38% |