United Parcel Service (UPS) Invested Capital (2009 - 2026)
United Parcel Service's Invested Capital came in at $41.1 billion for Q3 2026, up 1.2% from $40.63 billion a year earlier and up 3.8% from the prior quarter.
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Analysis
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 Q3 2026 figure represents the highest quarterly Invested Capital since Q2 2023.
- Year-over-year, Invested Capital increased in six of the last eight quarters, with growth averaging 2.2%.
- 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 $39.58 billion (Q2 2026), $40.18 billion (Q1 2026) and $40.38 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 179.72 Bn | 171.97 Bn | - | 52.34 Bn |
| 2 | Csx | 95.95 Bn | 91.18 Bn | - | 33.19 Bn |
| 3 | United Parcel Service | 84.51 Bn | 61.36 Bn | 22.04 Bn | 41.10 Bn |
| 4 | Canadian Pacific Kansas City | 81.84 Bn | 81.57 Bn | 57.15 Mn | 51.16 Bn |
| 5 | Fedex | 76.69 Bn | 42.88 Bn | 18.84 Bn | 56.62 Bn |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | 33.34 Bn |
| 7 | Delta Air Lines | 56.72 Bn | 38.90 Bn | - | 36.46 Bn |
| 8 | Old Dominion Freight Line | 36.07 Bn | 34.91 Bn | 1.56 Bn | 4.69 Bn |
| 9 | United Airlines Holdings | 35.51 Bn | -22.18 Bn | - | 44.15 Bn |
| 10 | Ryanair Holdings | 30.13 Bn | 14.39 Bn | - | 13.67 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 41.10 Bn |
| 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 |
API Access
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_KEYimport 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();