United Parcel Service Inc (UPS)
Industrials · Air Freight & Logistics · US stock · S&P 500 component
$97.48
▼ -0.35 (0.36%)
Fair valueUndervalued
$140 +43.1% to fair value
$70fair band $98–$181$209
Day's range
$96.62 – $99.75
52-week range
$78.68 – $116.86
Red flags⚠ Dividend may be at risk
About United Parcel Service Inc
United Parcel Service delivers packages and freight and manages supply chains for customers around the world. It runs a large ground network and air fleet within the United States and across international markets, moving parcels for retailers, manufacturers, healthcare firms and consumers. The business is organised into U.S. domestic package delivery, international package delivery and supply chain solutions, which includes freight forwarding, logistics and healthcare services.
UPS earns revenue from delivery charges, freight and logistics fees and related services. Sales for the last twelve months were $89.9 billion, though revenue growth over the last three years was -4.0% a year, a decline. The operating margin is 7.3%, and the business earns a profit of 15% on the capital invested in it. It has net debt of 2.1 times EBITDA. Shareholders receive a dividend with a yield of 6.7%. On the site's X-Ray Score it receives 44 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
UPS news
All UPS news →Price chart
52-wk range $78.68 – $116.86Volume 5,512,000Daily, split-adjusted
Vitals
Market cap$83.0B
52-week range$78.68 – $116.86
Volume (last day)5,512,000
P/E (TTM)18.1
EBIT / EV yield6.4%
Free-cash-flow yield6.6%
Dividend yield6.7%
Revenue (TTM)$89.9B
Net income (TTM)$4.6B
Operating margin7.3%
Return on capital14.7%
Debt incl. leases$24.5B
Cash & securities$4.7B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$140model spread $133 – $146
Undervalued
+43.1% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $97
Undervalued < $98Fair $98 – $181Overvalued > $181
10-year DCF (market-scaled)
$112
Peer multiples
$150
Earnings power floor (not blended)
$91
Fundamentals-adjusted multiple
$157
Growth the price implies
7.3%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Weak business, but the price is low
Our models put fair value above today's price, but models can be wrong, so check the business first. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Valuation
Strong
82/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield6.4%
Free-cash-flow yield6.6%
Fair value vs price1.4×
Growth
Weak
9/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)-4.0%
EPS growth (3y)-20.8%
Growth consistency30%
Profitability
Weak
48/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital14.7%
Operating margin7.3%
Financial health
Weak
23/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score5 / 9
Net debt / EBITDA2.1×
Interest cover6.0×
Dividends
Weak
48/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield6.7%
Dividends vs free cash flow102%
Dividend growth1.8%
Quarterly results: last 6 quarters
-0.7%
Mar '25
-2.7%
Jun '25
-3.7%
Sep '25
-3.2%
Dec '25
-1.6%
Mar '26
+7.6%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $22.8B, diluted EPS $0.71.
Compare with peers
FDX Fedex Corp51 EXPD Expeditors Internation...50 CHRW C. H. Robinson Worldwi...42Other Air Freight & Logistics companies by X-Ray Score.
Fundamentals checklist
● 4 Good · ● 3 Average · ● 8 BadCash quality
Earnings backed by cashGood
Free-cash-flow yieldGood
Risk models
Altman Z''Bad
Piotroski F-ScoreBad
Growth
EPS growth (3y)Bad
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Bad
Growth consistencyBad
Balance sheet
Current ratioAverage
Net debt / EBITDAAverage
Interest coverBad
Valuation
Fair value vs priceGood
EBIT / EV yieldGood
Profitability
Return on invested capitalAverage
Operating marginBad
Each check is graded against the company's sector, not a fixed number. Checklist score 42/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $97.3B | $100.3B | $91.0B | $91.1B | $88.7B |
| Operating income | $12.8B | $13.1B | $9.1B | $8.5B | $7.9B |
| Net income | $12.9B | $11.5B | $6.7B | $5.8B | $5.6B |
| Operating cash flow | $15.0B | $14.1B | $10.2B | $10.1B | $8.5B |
| Operating margin | 13.2% | 13.0% | 10.0% | 9.3% | 8.9% |
| Free cash flow | $10.8B | $9.3B | $5.1B | $6.2B | $4.8B |
| Diluted EPS | $14.68 | $13.20 | $7.80 | $6.75 | $6.56 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bearish
5 bullish · 3 neutral · 8 bearish
Weekly
Strongly bearish
0 bullish · 1 neutral · 11 bearish
Monthly
Bearish
2 bullish · 1 neutral · 5 bearish
Moving averages (daily)
| SMA 10 | 94.85 | Bullish |
| EMA 10 | 95.61 | Bullish |
| SMA 20 | 94.47 | Bullish |
| EMA 20 | 95.86 | Bullish |
| SMA 50 | 99.23 | Bearish |
| EMA 50 | 98.58 | Bearish |
| SMA 100 | 103.4 | Bearish |
| EMA 100 | 100.5 | Bearish |
| SMA 200 | 102.4 | Bearish |
| EMA 200 | 100.3 | Bearish |
Oscillators (daily)
| RSI (14) | 53.67 | Neutral |
| MACD (12, 26) | -0.88 | Bearish |
| Momentum (12) | 4.32 | Bullish |
| Stochastic %K (14) | 72.28 | Neutral |
| Williams %R (14) | -27.72 | Neutral |
| CCI (20) | 188.6 | Bearish |
Pivot points (classic, last session)
S3 93.02 | S2 94.82 | S1 96.15 | Pivot 97.95 | R1 99.28 | R2 101.1 | R3 102.4 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
6.56 USD
Yield on today's price
6.73%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 17 Aug 2026 | 1.6400 |
| 18 May 2026 | 1.6400 |
| 17 Feb 2026 | 1.6400 |
| 17 Nov 2025 | 1.6400 |
| 18 Aug 2025 | 1.6400 |
| 19 May 2025 | 1.6400 |
| 18 Feb 2025 | 1.6400 |
| 18 Nov 2024 | 1.6300 |
| 19 Aug 2024 | 1.6300 |
| 10 May 2024 | 1.6300 |
| 16 Feb 2024 | 1.6300 |
| 10 Nov 2023 | 1.6200 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
UPS SEC filings
31 Aug 2026
8-KSEC EDGAR
Director or officer change; Regulation FD disclosure
18 Aug 2026
8-KSEC EDGAR
Other events
14 Aug 2026
424B5SEC EDGAR
424B5
12 Aug 2026
424B5SEC EDGAR
424B5
12 Aug 2026
8-KSEC EDGAR
Other events
11 Aug 2026
424B5SEC EDGAR
424B5
10 Aug 2026
424B5SEC EDGAR
424B5
5 Aug 2026
10-QSEC EDGAR
Quarterly report
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.