United Parcel Service Inc
United Parcel Service Inc (UPS) is listed on NYSE and classified in Integrated Freight & Logistics, part of the Industrials sector. It is headquartered in Atlanta, United States and has 460,000 employees. The company is worth $86.37B and trades at 18.5x its earnings of the last twelve months; the median for its sector is 24.3x. Revenue was $88.66B in fiscal 2025, down 2.6% from the year before. Net income was $5.57B. The share price is 17.1% below its 52-week high of $122.41. It pays a dividend yielding 6.46%, and has raised its annual dividend for 16 years in a row in our records. 5 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $398.23M. In that quarter, 3 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -50.9% over 5Y.
today you would have $578.45▼ -42.2%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 19 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $99.19 | $126.10 | $157.23 | $173.84 | $214.34 | $168.40 | $117.06 | $97.53 | $119.15 | $114.64 | $96.23 | $111.17 | $105.08 | $73.73 | $73.19 | $72.58 | $57.37 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 25.0% a year plus a 6.5% dividend yield. Growth capped at 25%.
Median P/E of 24.3 among peers in the sector.
Median P/E of 21.2 across this company’s own years on record.
Cash flow growing 15.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 13.2x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 7.7% a year against a 9.2% required return, from the stock’s beta.
Companies of similar size in Industrials, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| JCIJohnson Controls International plc | $143.00 | 42.7x | 6.4x | 1.12% | 14.33% | $86.62B |
| CTASCintas Corp | $224.04 | 44.2x | 17.2x | 0.93% | 41.38% | $88.96B |
| EMREmerson Electric Co | $160.29 | 35.1x | 4.4x | 1.39% | 12.80% | $89.41B |
| PWRQuanta Services Inc | $552.44 |
| $55.16 |
| $70.72 |
| P/E | 21.2x | 15.1x | 18.7x | 20.2x | 13.2x | 14.6x | 109.4x | 22.9x | 17.7x | 21.2x | 29.7x | 18.0x | 33.9x | 22.8x | 88.8x | 19.1x | 21.8x | 29.3x | 18.8x | 196.4x |
| P/S | 1.5x | 1.0x | 1.2x | 1.5x | 1.5x | 1.9x | 1.7x | 1.4x | 1.2x | 1.6x | 1.7x | 1.5x | 1.8x | 1.8x | 1.3x | 1.4x | 1.5x | 0.9x | 1.1x | — |
| P/B | 14.3x | 5.2x | 6.5x | 7.8x | 7.7x | 13.2x | 223.3x | 31.1x | 28.1x | 104.9x | 251.1x | 35.3x | 48.0x | 15.4x | 15.4x | 10.3x | 9.1x | 5.4x | 8.3x | — |
| EPS | $6.56 | $6.75 | $7.80 | $13.20 | $14.68 | $1.54 | $5.11 | $5.51 | $5.61 | $3.86 | $5.35 | $3.28 | $4.61 | $0.83 | $3.84 | $3.33 | $1.96 | $2.94 | $0.36 |
| Dividend yield | 3.03% | 6.61% | 5.17% | 4.12% | 3.50% | 1.90% | 2.40% | 3.28% | 3.73% | 2.79% | 2.72% | 3.03% | 2.41% | 2.36% | 3.09% | 2.84% | 2.59% | 3.14% | 3.26% | 2.38% |
| Payout | 75.15% | 100.00% | 96.59% | 83.08% | 46.06% | 27.79% | 262.34% | 75.15% | 66.06% | 59.18% | 80.83% | 54.58% | 81.71% | 53.80% | 274.70% | 54.17% | 56.46% | 91.84% | 61.22% | 466.67% |
| Profit margin | 6.35% | 6.28% | 6.35% | 7.37% | 11.51% | 13.25% | 1.59% | 5.99% | 6.67% | 7.37% | 5.55% | 8.30% | 5.21% | 7.89% | 1.49% | 7.16% | 6.74% | 4.34% | 5.83% | 0.77% |
| ROE | 62.95% | 34.34% | 34.59% | 38.76% | 58.36% | 90.44% | 204.41% | 135.90% | 158.59% | 493.46% | 844.94% | 196.11% | 141.62% | 67.53% | 17.34% | 54.07% | 41.83% | 25.79% | 44.29% | — |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
7 methods answered, across 4 families.
Room for errors in the reported numbers.
+123.3% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 68.9x |
| 8.6x |
| 0.08% |
| 15.34% |
| $83.06B |
| MMM3M Co | $175.56 | 26.1x | 22.0x | 1.78% | 72.97% | $90.54B |
| CPCanadian Pacific Kansas City Ltd | $90.62 | 28.3x | 2.4x | 0.84% | 8.15% | $79.66B |