United Parcel Service (UPS) Other Working Capital Changes (2009 - 2026)
United Parcel Service (UPS) reported Other Working Capital Changes of $13 million for Q3 2026, up 44.4% from $9 million a year earlier but down 77.2% 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 Sep 30, 2026, United Parcel Service's Other Working Capital Changes came in at $82 million, up 105.0% year-over-year; for FY2025, it was $67 million.
- By year, Other Working Capital Changes came in at -$14 million in FY2024, -$142 million in FY2023, $6 million in FY2022 (-72.7%) and $22 million in FY2021.
- Five-year quarterly Other Working Capital Changes spans a low of -$61 million in Q2 2022 and a high of $70 million in Q4 2025.
- Per Business Quant data, the three quarters before Q3 2026 came in at $57 million (Q2 2026), -$58 million (Q1 2026) and $70 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - |
| 10 | Ryanair Holdings | 31.32 Bn | 15.58 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.00 Mn |
| Jun 30, 2026 | 57.00 Mn |
| Mar 31, 2026 | -58.00 Mn |
| Dec 31, 2025 | 70.00 Mn |
| Sep 30, 2025 | 9.00 Mn |
| Jun 30, 2025 | -45.00 Mn |
| Mar 31, 2025 | 33.00 Mn |
| Dec 31, 2024 | 43.00 Mn |
| Sep 30, 2024 | -57.00 Mn |
| Dec 31, 2023 | -60.00 Mn |
| Sep 30, 2023 | -5.00 Mn |
| Jun 30, 2023 | -45.00 Mn |
| Mar 31, 2023 | -32.00 Mn |
| Dec 31, 2022 | 56.00 Mn |
| Sep 30, 2022 | 28.00 Mn |
| Jun 30, 2022 | -61.00 Mn |
| Mar 31, 2022 | -17.00 Mn |
| Dec 31, 2021 | 22.00 Mn |
| Sep 30, 2021 | 2.00 Mn |
| Jun 30, 2021 | -24.00 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();