United Parcel Service annual capital expenditures (capex)
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United Parcel Service Capital Expenditures (CapEx) Growth & History (UPS)
United Parcel Service's capital expenditures (capex) was $3.69B for fiscal 2025.
View full United Parcel Service company overviewUnited Parcel Service annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.69B | −$224.0M | −5.73% |
| 2024 | 2024-12-31 | $3.91B | −$1.25B | −24.21% |
| 2023 | 2023-12-31 | $5.16B | $389.0M | +8.16% |
| 2022 | 2022-12-31 | $4.77B | $575.0M | +13.71% |
| 2021 | 2021-12-31 | $4.19B | −$1.22B | −22.51% |
| 2020 | 2020-12-31 | $5.41B | −$968.0M | −15.17% |
| 2019 | 2019-12-31 | $6.38B | $97.0M | +1.54% |
| 2018 | 2018-12-31 | $6.28B | $1.06B | +20.20% |
| 2017 | 2017-12-31 | $5.23B | $2.26B | +76.29% |
| 2016 | 2016-12-31 | $2.96B | $586.0M | +24.63% |
| 2015 | 2015-12-31 | $2.38B | $51.0M | +2.19% |
| 2014 | 2014-12-31 | $2.33B | $263.0M | +12.74% |
| 2013 | 2013-12-31 | $2.06B | −$88.0M | −4.09% |
| 2012 | 2012-12-31 | $2.15B | $148.0M | +7.38% |
| 2011 | 2011-12-31 | $2.00B | $616.0M | +44.35% |
| 2010 | 2010-12-31 | $1.39B | −$213.0M | −13.30% |
| 2009 | 2009-12-31 | $1.60B | −$1.03B | −39.23% |
| 2008 | 2008-12-31 | $2.64B | −$184.0M | −6.52% |
| 2007 | 2007-12-31 | $2.82B | — | — |
United Parcel Service quarterly capital expenditures (capex)
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| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $693.0M | −$430.0M | −38.29% |
| Q1 2026 | 2026-03-31 | $1.03B | $155.0M | +17.69% |
| Q4 2025 | 2025-12-31 | $716.0M | −$382.0M | −34.79% |
| Q3 2025 | 2025-09-30 | $970.0M | $127.0M | +15.07% |
| Q2 2025 | 2025-06-30 | $1.12B | $190.0M | +20.36% |
| Q1 2025 | 2025-03-31 | $876.0M | −$159.0M | −15.36% |
| Q4 2024 | 2024-12-31 | $1.10B | −$951.0M | −46.41% |
| Q3 2024 | 2024-09-30 | $843.0M | −$446.0M | −34.60% |
| Q2 2024 | 2024-06-30 | $933.0M | −$278.0M | −22.96% |
| Q1 2024 | 2024-03-31 | $1.03B | $426.0M | +69.95% |
| Q4 2023 | 2023-12-31 | $2.05B | −$442.0M | −17.74% |
| Q3 2023 | 2023-09-30 | $1.29B | $399.0M | +44.83% |
| Q2 2023 | 2023-06-30 | $1.21B | $371.0M | +44.17% |
| Q1 2023 | 2023-03-31 | $609.0M | $61.0M | +11.13% |
| Q4 2022 | 2022-12-31 | $2.49B | $867.0M | +53.39% |
| Q3 2022 | 2022-09-30 | $890.0M | −$10.0M | −1.11% |
| Q2 2022 | 2022-06-30 | $840.0M | $4.0M | +0.48% |
| Q1 2022 | 2022-03-31 | $548.0M | −$286.0M | −34.29% |
| Q4 2021 | 2021-12-31 | $1.62B | −$569.0M | −25.95% |
| Q3 2021 | 2021-09-30 | $900.0M | −$254.0M | −22.01% |
| Q2 2021 | 2021-06-30 | $836.0M | −$296.0M | −26.15% |
| Q1 2021 | 2021-03-31 | $834.0M | −$99.0M | −10.61% |
| Q4 2020 | 2020-12-31 | $2.19B | $149.0M | +7.29% |
| Q3 2020 | 2020-09-30 | $1.15B | −$321.0M | −21.76% |
| Q2 2020 | 2020-06-30 | $1.13B | −$215.0M | −15.96% |
| Q1 2020 | 2020-03-31 | $933.0M | −$581.0M | −38.38% |
| Q4 2019 | 2019-12-31 | $2.04B | $251.0M | +14.00% |
| Q3 2019 | 2019-09-30 | $1.48B | −$166.0M | −10.12% |
| Q2 2019 | 2019-06-30 | $1.35B | $35.0M | +2.67% |
| Q1 2019 | 2019-03-31 | $1.51B | −$23.0M | −1.50% |
| Q4 2018 | 2018-12-31 | $1.79B | $274.0M | +18.04% |
| Q3 2018 | 2018-09-30 | $1.64B | −$58.0M | −3.41% |
| Q2 2018 | 2018-06-30 | $1.31B | $241.0M | +22.50% |
| Q1 2018 | 2018-03-31 | $1.54B | $599.0M | +63.86% |
| Q4 2017 | 2017-12-31 | $1.52B | $391.0M | +34.66% |
| Q3 2017 | 2017-09-30 | $1.70B | $825.0M | +94.39% |
| Q2 2017 | 2017-06-30 | $1.07B | $535.0M | +99.81% |
| Q1 2017 | 2017-03-31 | $938.0M | $511.0M | +119.67% |
| Q4 2016 | 2016-12-31 | $1.13B | $397.0M | +54.31% |
| Q3 2016 | 2016-09-30 | $874.0M | $184.0M | +26.67% |
| Q2 2016 | 2016-06-30 | $536.0M | −$57.0M | −9.61% |
| Q1 2016 | 2016-03-31 | $427.0M | $62.0M | +16.99% |
| Q4 2015 | 2015-12-31 | $731.0M | −$153.0M | −17.31% |
| Q3 2015 | 2015-09-30 | $690.0M | $59.0M | +9.35% |
| Q2 2015 | 2015-06-30 | $593.0M | $102.0M | +20.77% |
| Q1 2015 | 2015-03-31 | $365.0M | $43.0M | +13.35% |
| Q4 2014 | 2014-12-31 | $884.0M | $424.0M | +92.17% |
| Q3 2014 | 2014-09-30 | $631.0M | $16.0M | +2.60% |
| Q2 2014 | 2014-06-30 | $491.0M | −$46.0M | −8.57% |
| Q1 2014 | 2014-03-31 | $322.0M | −$131.0M | −28.92% |
| Q4 2013 | 2013-12-31 | $460.0M | −$90.0M | −16.36% |
| Q3 2013 | 2013-09-30 | $615.0M | −$39.0M | −5.96% |
| Q2 2013 | 2013-06-30 | $537.0M | $16.0M | +3.07% |
| Q1 2013 | 2013-03-31 | $453.0M | $25.0M | +5.84% |
| Q4 2012 | 2012-12-31 | $550.0M | $102.0M | +22.77% |
| Q3 2012 | 2012-09-30 | $654.0M | $48.0M | +7.92% |
| Q2 2012 | 2012-06-30 | $521.0M | −$28.0M | −5.10% |
| Q1 2012 | 2012-03-31 | $428.0M | $26.0M | +6.47% |
| Q4 2011 | 2011-12-31 | $448.0M | $70.0M | +18.52% |
| Q3 2011 | 2011-09-30 | $606.0M | $259.0M | +74.64% |
| Q2 2011 | 2011-06-30 | $549.0M | $168.0M | +44.09% |
| Q1 2011 | 2011-03-31 | $402.0M | $119.0M | +42.05% |
| Q4 2010 | 2010-12-31 | $378.0M | −$39.0M | −9.35% |
| Q3 2010 | 2010-09-30 | $347.0M | −$167.0M | −32.49% |
| Q2 2010 | 2010-06-30 | $381.0M | $92.0M | +31.83% |
| Q1 2010 | 2010-03-31 | $283.0M | −$99.0M | −25.92% |
| Q4 2009 | 2009-12-31 | $417.0M | — | — |
| Q3 2009 | 2009-09-30 | $514.0M | −$207.0M | −28.71% |
| Q2 2009 | 2009-06-30 | $289.0M | — | — |
| Q1 2009 | 2009-03-31 | $382.0M | — | — |
| Q3 2008 | 2008-09-30 | $721.0M | — | — |
United Parcel Service capital expenditures (capex) trends
Over the last five fiscal years, United Parcel Service's capital expenditures (capex) decreased from $5.41B to $3.69B, a change of −$1.73B. The latest reported quarter, Q2 2026, shows $693.0M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review United Parcel Service source filings ↗