United Parcel Service (UPS) Shares Outstanding (2009 - 2026)
United Parcel Service (UPS) recorded Shares Outstanding of 851 million in Q2 2026, up 0.5% from 847 million a year earlier and up 0.1% from the prior quarter.
Powered by 
Analysis
United Parcel Service (UPS) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, United Parcel Service reported Shares Outstanding of 849 million, down 0.7% from FY2024.
- Annual Shares Outstanding has declined for four straight years, with a five-year compound annual growth rate of -0.4% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding came in at 855 million in FY2024 (-0.5%), 859 million in FY2023 (-1.4%), 871 million in FY2022 (-0.3%) and 874 million in FY2021 (+0.8%).
- The Q2 2026 figure is the highest quarterly Shares Outstanding since Q4 2024.
- On a year-over-year basis, Shares Outstanding rose in 1 of the last eight quarters, with an average decline of 0.4%.
- Peak year-over-year performance for Shares Outstanding in the last five years was growth of 0.8% in Q4 2021, against a decline of 1.6% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 850 million (Q1 2026), 849 million (Q4 2025) and 848 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 593.40 Mn |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 1.86 Bn |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | 886.40 Mn |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | 851.00 Mn |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | 224.60 Mn |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | 237.00 Mn |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | 654.00 Mn |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | 207.66 Mn |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | 527.75 Mn |
| 10 | Copart | 25.14 Bn | 9.56 Bn | 645.66 Mn | 949.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 851.00 Mn |
| Mar 31, 2026 | 850.00 Mn |
| Dec 31, 2025 | 849.00 Mn |
| Sep 30, 2025 | 848.00 Mn |
| Jun 30, 2025 | 847.00 Mn |
| Mar 31, 2025 | 850.00 Mn |
| Dec 31, 2024 | 855.00 Mn |
| Sep 30, 2024 | 855.00 Mn |
| Jun 30, 2024 | 856.00 Mn |
| Mar 31, 2024 | 856.00 Mn |
| Dec 31, 2023 | 859.00 Mn |
| Sep 30, 2023 | 857.00 Mn |
| Jun 30, 2023 | 860.00 Mn |
| Mar 31, 2023 | 862.00 Mn |
| Dec 31, 2022 | 871.00 Mn |
| Sep 30, 2022 | 870.00 Mn |
| Jun 30, 2022 | 874.00 Mn |
| Mar 31, 2022 | 874.00 Mn |
| Dec 31, 2021 | 874.00 Mn |
| Sep 30, 2021 | 875.00 Mn |
API Access
United Parcel Service Shares Outstanding 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=shares-outstanding&ticker=UPS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=UPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();