United Parcel Service (UPS) Other Working Capital Changes (2009 - 2026)
United Parcel Service (UPS) reported Other Working Capital Changes of $214 million for Q2 2026, up 23.7% from $173 million a year earlier and up 269.0% from the prior quarter.
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Analysis
United Parcel Service (UPS) Other Working Capital Changes (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, United Parcel Service's Other Working Capital Changes came in at $65 million, down 54.5% year-over-year; for FY2025, it was -$67 million.
- By year, Other Working Capital Changes came in at -$70 million in FY2024, $142 million in FY2023, -$117 million in FY2022 and -$312 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Other Working Capital Changes since Q3 2023.
- Per Business Quant data, the three quarters before Q2 2026 came in at $58 million (Q1 2026), -$147 million (Q4 2025) and -$60 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn |
| 10 | Copart | 25.20 Bn | 8.75 Bn | 732.88 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 214.00 Mn |
| Mar 31, 2026 | 58.00 Mn |
| Dec 31, 2025 | -147.00 Mn |
| Sep 30, 2025 | -60.00 Mn |
| Jun 30, 2025 | 173.00 Mn |
| Mar 31, 2025 | -33.00 Mn |
| Dec 31, 2024 | 46.00 Mn |
| Sep 30, 2024 | -43.00 Mn |
| Jun 30, 2024 | -18.00 Mn |
| Mar 31, 2024 | -55.00 Mn |
| Dec 31, 2023 | -110.00 Mn |
| Sep 30, 2023 | 439.00 Mn |
| Jun 30, 2023 | -125.00 Mn |
| Mar 31, 2023 | -62.00 Mn |
| Dec 31, 2022 | -215.00 Mn |
| Sep 30, 2022 | 20.00 Mn |
| Jun 30, 2022 | 61.00 Mn |
| Mar 31, 2022 | 17.00 Mn |
| Dec 31, 2021 | -56.00 Mn |
| Sep 30, 2021 | -87.00 Mn |
API Access
United Parcel Service Other Working Capital Changes 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=other-working-capital-changes&ticker=UPS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=UPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();