Reading the tape
NYSE: UPS
United Parcel Service, Inc.
Industrials · Integrated Freight & Logistics
Market Cap
$85.66B
52w High
$122.41
52w Low
$82.00
P/E
16.32
Volume
4.75M
Outstanding Shares
850.01M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
1Y Price: 3.95%Revenue (TTM): -2.69%FCF (TTM): -15.97%P/FCF: 36th pct
What changed
The stock rose 3.95% over the last year. Revenue declined 2.69% over the trailing twelve months. Operating margin moved from 9.57% to 8.63%. Free cash flow declined 15.97% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 8.63%. A decisive move in revenue — currently down 2.69% — would be the clearest signal to resolve the ambiguity.
Company profile
United Parcel Service, Inc. provides letter and package delivery, transportation, logistics, and related services.
CEOCarol Tome
SectorIndustrials
IndustryIntegrated Freight & Logistics
Employees241,250
IPO dateNov 10, 1999
Valuation
Forward P/E—
EV/EBITDA9.05
Enterprise value$110.62B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth-1.6%
Gross margin18.15%▼1.26%vs FY2024
Operating margin8.63%▲0.05%vs FY2024
ROE34.34%▼0.72%vs FY2024
Analyst consensus
RatingHold
Target price$115.23▲14.34%
20
Buy
21
Hold
4
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 28, 2026
Q3 FY26 · EPS est $1.64 · Revenue est $21.65B
View
Dividends
$6.56/shareQuarterlyDividend Aristocrat · 25yrEx-div May 18, 2026 · in 8dStretchedUPS pays a dividend with a 6.51% declared yield, 25 consecutive years of growth, growing at 10.07% annually, covered 0.9× by free cash flow.
Declared Yield
6.51%
Annual Div / Share
$6.56
5yr CAGR
+10.07%
Doubles every ~7.2yr
Payout Ratio
102.91%
Stretched
Dividend Growth Rate
3yr CAGR
+1.46%
5yr CAGR
+10.07%
10yr CAGR
+8.07%
Dividend Safety
2/10Stretched
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$6.56+0.3%
2025$6.54+0.6%
2024$6.50+3.5%
2023$6.28+23.6%
2022$5.08+25.1%
2021$4.06+3.0%
2020$3.94+5.3%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$65/yr
$5/mo
In 5 yrs
$105/yr+62%
$9/mo
In 10 yrs
$170/yr+161%
$14/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$65/yr $5/mo | $105/yr+62% $9/mo | $170/yr+161% $14/mo |
Yield-on-cost grows from 6.51% → 16.99% over 10yr
Analysis
Dividend Strengths
Dividend Aristocrat
UPS has raised its dividend for 25 consecutive years — qualifying as a Dividend Aristocrat, demonstrating long-term commitment to shareholder income.
Strong dividend growth rate
The 5-year CAGR of 10.07% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
High payout ratio
With 102.91% of earnings paid as dividends, there is limited retained earnings for reinvestment — and a dividend cut becomes more likely if earnings decline.
Dividend exceeds free cash flow
Free cash flow covers only 0.88× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.
Congressional Activity
Congress Trades in UPS
STOCK Act disclosures from senators and representatives.
Katie Britt
ALsenateRepublicanPurchaseSpouse2025-11-07$1,001 - $15,000+79d to disclose