Buyback yield (TTM)
N/A
Shareholder yield (TTM)
6.46%
5Y share count change
-2.4%
Buyback spend (TTM)
N/A
Cumulative buybacks
$52.38B
Key takeaways
- Diluted share count is down 2.4% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- Cash buyback spend has compounded at +34.9% per year over the latest 5-year window.
Dividend & buyback yield over time for United Parcel Service (UPS)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for United Parcel Service (UPS)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for United Parcel Service (UPS)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for United Parcel Service (UPS)
Latest: $1.00B
Overview
The 2025 reading of United Parcel Service (UPS) buyback spend is $1.00B – surged 100.0% year-over-year.
Over 2020–2025 (5 years), United Parcel Service buyback spend expanded at a +34.9% compound annual rate, with mixed annual results across the window.
United Parcel Service buyback spend plunged from $5.46B in 2000 to $1.00B in 2025, a 81.7% drawdown.
2000 marks the peak buyback spend at $5.46B, with the historical low of $224.00M recorded in 2020.
United Parcel Service Buyback Spend 2025: $1.00B
United Parcel Service buyback spend in 2025 was $1.00B, surged 100.0% from 2024.
United Parcel Service Buyback Spend 2024: $500.00M
2024's buyback spend for United Parcel Service came in at $500.00M, plunged 77.8% below 2023.
United Parcel Service Buyback Spend 2023: $2.25B
United Parcel Service posted buyback spend of $2.25B in 2023, plunged 35.7% below 2022.
United Parcel Service Buyback Spend 2022: $3.50B
In 2022, United Parcel Service reported buyback spend of $3.50B, surged 600.0% from 2021.
United Parcel Service Buyback Spend 2021: $500.00M
United Parcel Service buyback spend in 2021 was $500.00M.
See more financial history for United Parcel Service (UPS).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $1.00B | $73.00M | $927.00M | 1.19% | 0.85B | -0.7% | |
| 2024 | $500.00M | $24.00M | $476.00M | 0.46% | 0.86B | -0.5% | |
| 2023 | $2.25B | $220.00M | $2.03B | 1.67% | 0.86B | -1.3% | |
| 2022 | $3.50B | $1.57B | $1.93B | 2.32% | 0.87B | -0.8% | |
| 2021 | $500.00M | $878.00M | −$378.00M | 0.27% | 0.88B | +0.8% | |
| 2020 | $224.00M | $796.00M | −$572.00M | 0.15% | 0.87B | +0.2% | |
| 2019 | $1.00B | $915.00M | $89.00M | 0.99% | 0.87B | -0.1% | |
| 2018 | $1.01B | $634.00M | $377.00M | 1.20% | 0.87B | -0.6% | |
| 2017 | $1.81B | $584.00M | $1.23B | 1.76% | 0.88B | -1.4% | |
| 2016 | $2.68B | $591.00M | $2.09B | 2.67% | 0.89B | -2.1% | |
| 2015 | $2.70B | $574.00M | $2.13B | 3.14% | 0.91B | -1.9% | |
| 2014 | $2.69B | $536.00M | $2.16B | 2.67% | 0.92B | -2.5% | |
| 2013 | $3.84B | $513.00M | $3.33B | 3.94% | 0.95B | -2.2% | |
| 2012 | $1.62B | $547.00M | $1.07B | 2.30% | 0.97B | -2.2% | |
| 2011 | $2.67B | $524.00M | $2.14B | 3.79% | 0.99B | -1.2% | |
| 2010 | $817.00M | $519.00M | $298.00M | 1.13% | 1.00B | -0.1% | |
| 2009 | $561.00M | $430.00M | $131.00M | 0.98% | 1.00B | -1.8% | |
| 2008 | $3.57B | $516.00M | $3.05B | 6.49% | 1.02B | -3.9% | |
| 2007 | $2.64B | $447.00M | $2.19B | 3.58% | 1.06B | -2.4% | |
| 2006 | $2.46B | $369.00M | $2.09B | 3.07% | 1.09B | -2.4% | |
| 2005 | $2.48B | $0.00 | $2.48B | 3.01% | 1.12B | -2.0% | |
| 2004 | $1.31B | $0.00 | $1.31B | 1.36% | 1.14B | +0.1% | |
| 2003 | $398.00M | $0.00 | $398.00M | 0.47% | 1.14B | +0.4% | |
| 2002 | $604.00M | $0.00 | $604.00M | 0.85% | 1.13B | -0.9% | |
| 2001 | $2.02B | $0.00 | $2.02B | 3.30% | 1.14B | -2.7% | |
| 2000 | $5.46B | $0.00 | $5.46B | — | 1.17B | +2.3% | |
| 1999 | $1.23B | $0.00 | $1.23B | — | 1.15B | +3.4% | |
| 1998 | $823.00M | $0.00 | $823.00M | — | 1.11B | — |
- 2025$1.00B
- 2024$500.00M
- 2023$2.25B
- 2022$3.50B
- 2021$500.00M
- 2020$224.00M
- 2019$1.00B
- 2018$1.01B
- 2017$1.81B
- 2016$2.68B
- 2015$2.70B
- 2014$2.69B
- 2013$3.84B
- 2012$1.62B
- 2011$2.67B
- 2010$817.00M
- 2009$561.00M
- 2008$3.57B
- 2007$2.64B
- 2006$2.46B
- 2005$2.48B
- 2004$1.31B
- 2003$398.00M
- 2002$604.00M
- 2001$2.02B
- 2000$5.46B
- 1999$1.23B
- 1998$823.00M
Buybacks vs stock-based compensation for United Parcel Service (UPS)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 0.00×.
Buybacks vs dividends (share of cash returned) for United Parcel Service (UPS)
How United Parcel Service splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as United Parcel Service, ranked by their latest buyback spend.
| $7.55B | |
| $5.19B | |
| $2.68B | |
| $1.86B | |
| $1.14B | |
| $1.13B | |
| $50.00M | |
| $0.00 |
- $7.55B
- $5.19B
- $2.68B
- $1.86B
- $1.14B
- $1.13B
- $50.00M
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $0.00 (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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