United Parcel Service (UPS) Invested Capital (2009 - 2026)
United Parcel Service's Invested Capital came in at $39.58 billion for Q2 2026, down 2.3% from $40.52 billion a year earlier and down 1.5% from the prior quarter.
United Parcel Service (UPS) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, United Parcel Service's Invested Capital was $40.38 billion, up 6.2% from FY2024.
- Invested Capital carries a five-year compound annual growth rate of 7.6% (FY2020 to FY2025).
- Going back by year, Invested Capital was $38.03 billion in FY2024 (-3.9%), $39.58 billion in FY2023 (+0.3%), $39.47 billion in FY2022 (+3.0%) and $38.32 billion in FY2021 (+37.1%).
- The Q2 2026 figure represents the lowest quarterly Invested Capital since Q1 2025.
- Year-over-year, Invested Capital increased in five of the last eight quarters, with growth averaging 1.6%.
- The fastest year-over-year change in Invested Capital over five years came in Q4 2021 (growth of 37.1%), and the weakest in Q1 2024 (a decline of 17.1%).
- Business Quant data shows UPS's Invested Capital at $40.18 billion (Q1 2026), $40.38 billion (Q4 2025) and $40.63 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 51.00 Bn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 32.95 Bn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 52.60 Bn |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 39.58 Bn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 32.87 Bn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 57.36 Bn |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 36.87 Bn |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 4.57 Bn |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 11.09 Bn |
| 10 | Copart | 25.27 Bn | 9.69 Bn | 645.66 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.58 Bn |
| Mar 31, 2026 | 40.18 Bn |
| Dec 31, 2025 | 40.38 Bn |
| Sep 30, 2025 | 40.63 Bn |
| Jun 30, 2025 | 40.52 Bn |
| Mar 31, 2025 | 37.05 Bn |
| Dec 31, 2024 | 38.03 Bn |
| Sep 30, 2024 | 38.81 Bn |
| Jun 30, 2024 | 39.26 Bn |
| Mar 31, 2024 | 36.95 Bn |
| Dec 31, 2023 | 39.58 Bn |
| Sep 30, 2023 | 40.31 Bn |
| Jun 30, 2023 | 42.21 Bn |
| Mar 31, 2023 | 44.57 Bn |
| Dec 31, 2022 | 39.47 Bn |
| Sep 30, 2022 | 39.92 Bn |
| Jun 30, 2022 | 39.47 Bn |
| Mar 31, 2022 | 39.46 Bn |
| Dec 31, 2021 | 38.32 Bn |
| Sep 30, 2021 | 34.16 Bn |
United Parcel Service Invested Capital 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=invested-capital&ticker=UPS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=UPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();