FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8P

Three-Statement Breakdown

UPS
2026-06-30 · figures in $M

FCF UP

Free cash flow rose 21% to $5.5B, and covered net income 1.19×.

CASH FROM OPS +6.1%
8,867 9.9% MGN
CAPITAL EXPENDITURE -11.2%
3,410
FREE CASH FLOW +20.8%
5,457
FCF / NET INCOME +38.8%
1.19× TARGET >1.0×
Cash flow TTM 24-09 TTM 24-12 TTM 25-03 TTM 25-06 TTM 25-09 TTM 25-12 TTM 26-03 vs prior TTM YoY TTM 8Q
Net income
10-Q
5,666 5,782 5,856 5,730 5,502 5,572 5,249 4,570 -12.9% -20.2% 4,570 2024-09-30 · $1.5B2024-12-31 · $1.7B2025-03-31 · $1.2B2025-06-30 · $1.3B2025-09-30 · $1.3B2025-12-31 · $1.8B2026-03-31 · $864.0M2026-06-30 · $604.0M
Depreciation & amortization
10-Q
3,557 3,609 3,454 3,503 3,524 3,577 3,625 3,669 +1.2% +4.7% 3,669
Stock-based comp
10-Q
13 24 72 37 86 73 76 115 +51.3% 3.1× 115
Cash from operations
9,218 10,122 9,124 7,479 8,463 8,450 8,356 8,867 +6.1% +18.6% 8,867 2024-09-30 · $1.5B2024-12-31 · $3.3B2025-03-31 · $2.3B2025-06-30 · $348.0M2025-09-30 · $2.5B2025-12-31 · $3.3B2026-03-31 · $2.2B2026-06-30 · $859.0M
Cash conversion
1.63× 1.75× 1.56× 1.31× 1.54× 1.52× 1.59× 1.94× +21.9% +48.7% 1.94×
Capital expenditures
(4,860) (3,909) (3,750) (3,940) (4,067) (3,685) (3,840) (3,410) -11.2% -13.5% (3,410)
Free cash flow
4,358 6,213 5,374 3,539 4,396 4,765 4,516 5,457 +20.8% +54.2% 5,457 2024-09-30 · $655.0M2024-12-31 · $2.2B2025-03-31 · $1.4B2025-06-30 · -$775.0M2025-09-30 · $1.5B2025-12-31 · $2.6B2026-03-31 · $1.2B2026-06-30 · $166.0M
FCF margin
4.8% 6.8% 5.9% 3.9% 4.9% 5.4% 5.1% 6.1% +18.7% +54.9% 6.1%
Cash from investing
-2,364 -217 -3,138 -3,148 -3,791 -4,735 -4,324 -3,967 — — -3,967
Dividends paid
5,387 5,399 5,399 5,395 5,395 5,398 5,402 5,409 +0.1% +0.3% 5,409
Share repurchases
500 500 1,500 2,500 2,000 2,000 1,000 0 PAUSED PAUSED 0
Debt repayment
2,748 2,487 1,593 2,041 1,688 2,069 2,083 1,092 -47.6% -46.5% 1,092
Cash from financing
-5,352 -6,850 -5,497 -4,602 -3,794 -4,141 -3,156 -6,379 — — -6,379
Net change in cash
1,544 2,906 428 -125 909 -225 1,000 -1,541 — — -1,541
Ending cash balance
5,855 6,112 4,802 6,194 6,764 5,887 5,802 4,653 -19.8% -24.9% 4,653

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM4,516 CASH FROM OPERATIONS+511 CAPITAL EXPENDITURES+430 TO5,457
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-05 ↗