United Parcel Service Quarterly Cash Flow Statement
NYSE: UPSIndustrialsTrucking Freight/Courier ServicesUSD
At close: Oct 9, 4:03 PM ET · Delayed 15 min
Pre-market: 94.21 -0.34%
United Parcel Service free cash flow
In the quarter ended Jun 30, 2026, United Parcel Service generated $859.0 million of operating cash flow and spent $693.0 million on capital expenditures. That left free cash flow of $166.0 million, a free-cash-flow margin of 0.7% of revenue. United Parcel Service returned $1.36 billion to shareholders through dividends, equal to 817% of free cash flow.
Free cash flow covered dividend payments 0.1 times.
Summary generated from market data by MetaCap's automated system. Methodology
United Parcel Service cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 604.00M | 864.00M | 1.79B | 1.31B | 1.28B | 1.19B | 1.72B | 1.54B | 1.41B | 1.11B | 1.60B | 1.13B |
| Net Income growth (YoY) | -52.92% | -27.21% | +4.07% | -14.81% | -8.94% | +6.65% | +7.23% | +36.56% | -32.29% | -41.27% | -53.52% | -56.39% |
| Depreciation & Amortization | 809.00M | 791.00M | 972.00M | 926.00M | 757.00M | 743.00M | 919.00M | 905.00M | 887.00M | 898.00M | 867.00M | 837.00M |
| Stock-Based Compensation | 34.00M | 24.00M | 32.00M | 25.00M | -5.00M | 21.00M | 45.00M | -24.00M | 30.00M | -27.00M | 34.00M | 21.00M |
| Change in Working Capital | -880.00M | 592.00M | -469.00M | 396.00M | -1.31B | 362.00M | -592.00M | 52.00M | -638.00M | 933.00M | -489.00M | -619.00M |
| Operating Cash Flow | 859.00M | 2.22B | 3.30B | 2.48B | 348.00M | 2.32B | 3.31B | 1.50B | 1.99B | 3.32B | 2.41B | 2.23B |
| Capital Expenditures | -693.00M | -1.03B | -716.00M | -970.00M | -1.12B | -876.00M | -1.10B | -843.00M | -933.00M | -1.03B | -2.05B | -1.29B |
| Investing Cash Flow | -566.00M | -944.00M | -2.00B | -456.00M | -923.00M | -1.35B | -1.06B | 187.00M | -913.00M | 1.57B | -3.20B | -1.07B |
| Dividends Paid | -1.36B | -1.35B | -1.35B | -1.35B | -1.35B | -1.35B | -1.35B | -1.35B | -1.35B | -1.35B | -1.34B | -1.34B |
| Share Repurchases | 0 | 0 | 0 | 0 | -1.00B | -1.00B | 0 | -500.00M | 0 | 0 | 0 | -752.00M |
| Debt Issued | 0 | 0 | 0 | 0 | 4.13B | 25.00M | 0 | 0 | 2.79B | 0 | 883.00M | 43.00M |
| Debt Repaid | -39.00M | -46.00M | -924.00M | -83.00M | -1.03B | -32.00M | -543.00M | -436.00M | -582.00M | -926.00M | -804.00M | -29.00M |
| Financing Cash Flow | -1.43B | -1.33B | -2.19B | -1.43B | 1.79B | -2.31B | -1.85B | -2.24B | 899.00M | -3.67B | -349.00M | -1.60B |
| Net Change in Cash | -1.15B | -85.00M | -877.00M | 570.00M | 1.39B | -1.31B | 257.00M | -464.00M | 1.95B | 1.17B | -1.10B | -501.00M |
| Free Cash Flow | 166.00M | 1.19B | 2.59B | 1.51B | -775.00M | 1.44B | 2.22B | 655.00M | 1.06B | 2.28B | 362.00M | 944.00M |
This table shows 12 quarterly periods of United Parcel Service's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow UPS's reporting calendar. What is a cash flow statement?