United Parcel Service (UPS) Shares Outstanding (2009 - 2026)
United Parcel Service (UPS) recorded Weighted Average Shares Outstanding of 851 million in Q3 2026, up 0.4% from 848 million a year earlier and unchanged from the prior quarter.
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Analysis
United Parcel Service (UPS) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, United Parcel Service reported Weighted Average Shares Outstanding of 849 million, down 0.7% from FY2024.
- Annual Weighted Average 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, Weighted Average 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%).
- Quarterly Weighted Average Shares Outstanding has ranged from 847 million in Q2 2025 to 874 million in Q2 2022 over the past five years.
- On a year-over-year basis, Weighted Average Shares Outstanding rose in two of the last eight quarters, with an average decline of 0.4%.
- Peak year-over-year performance for Weighted Average 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 851 million (Q2 2026), 850 million (Q1 2026) and 849 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 178.63 Bn | 170.88 Bn | - | 593.70 Mn |
| 2 | Csx | 94.16 Bn | 89.39 Bn | - | 1.85 Bn |
| 3 | United Parcel Service | 83.47 Bn | 60.32 Bn | 22.04 Bn | 851.00 Mn |
| 4 | Canadian Pacific Kansas City | 81.54 Bn | 81.26 Bn | 57.15 Mn | 876.60 Mn |
| 5 | Fedex | 75.60 Bn | 41.80 Bn | 18.84 Bn | 237.00 Mn |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | 224.60 Mn |
| 7 | Delta Air Lines | 60.67 Bn | 42.86 Bn | - | 655.00 Mn |
| 8 | United Airlines Holdings | 39.17 Bn | -18.53 Bn | - | 324.90 Mn |
| 9 | Old Dominion Freight Line | 34.72 Bn | 33.56 Bn | 1.56 Bn | 207.09 Mn |
| 10 | Ryanair Holdings | 31.95 Bn | 16.22 Bn | - | 527.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 851.00 Mn |
| 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 |
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();