Latest period
$3.84B
YoY change
-5.7%
5Y CAGR
-7.4%
Peak year (2019)
$6.38B
Cumulative CapEx
$87.03B
CapEx history chart for United Parcel Service (UPS) from 1998 to 2025
Latest: $3.69B
CapEx growth chart for United Parcel Service (UPS) from 1998 to 2025
Latest: -5.7%
CapEx history table for United Parcel Service (UPS) from 1998 to 2025
| 2025 | $3.69B | -5.7% | −$224.00M | ||
| 2024 | $3.91B | -24.2% | −$1.25B | ||
| 2023 | $5.16B | +8.2% | +$389.00M | ||
| 2022 | $4.77B | +13.7% | +$575.00M | ||
| 2021 | $4.19B | -22.5% | −$1.22B | ||
| 2020 | $5.41B | -15.2% | −$968.00M | ||
| 2019 | $6.38B | +1.5% | +$97.00M | ||
| 2018 | $6.28B | +20.2% | +$1.06B | ||
| 2017 | $5.23B | +76.3% | +$2.26B | ||
| 2016 | $2.96B | +24.6% | +$586.00M | ||
| 2015 | $2.38B | +2.2% | +$51.00M | ||
| 2014 | $2.33B | +12.7% | +$263.00M | ||
| 2013 | $2.06B | -4.1% | −$88.00M | ||
| 2012 | $2.15B | +7.4% | +$148.00M | ||
| 2011 | $2.00B | +44.3% | +$616.00M | ||
| 2010 | $1.39B | -13.3% | −$213.00M | ||
| 2009 | $1.60B | -39.2% | −$1.03B | ||
| 2008 | $2.64B | -6.5% | −$184.00M | ||
| 2007 | $2.82B | -8.6% | −$265.00M | ||
| 2006 | $3.08B | +41.1% | +$898.00M | ||
| 2005 | $2.19B | +2.8% | +$60.00M | ||
| 2004 | $2.13B | +9.2% | +$180.00M | ||
| 2003 | $1.95B | +17.4% | +$289.00M | ||
| 2002 | $1.66B | -30.1% | −$714.00M | ||
| 2001 | $2.37B | +10.5% | +$225.00M | ||
| 2000 | $2.15B | +45.5% | +$671.00M | ||
| 1999 | $1.48B | -10.3% | −$169.00M | ||
| 1998 | $1.65B | — | — |
- 2025$3.69B-5.7%
- 2024$3.91B-24.2%
- 2023$5.16B+8.2%
- 2022$4.77B+13.7%
- 2021$4.19B-22.5%
- 2020$5.41B-15.2%
- 2019$6.38B+1.5%
- 2018$6.28B+20.2%
- 2017$5.23B+76.3%
- 2016$2.96B+24.6%
- 2015$2.38B+2.2%
- 2014$2.33B+12.7%
- 2013$2.06B-4.1%
- 2012$2.15B+7.4%
- 2011$2.00B+44.3%
- 2010$1.39B-13.3%
- 2009$1.60B-39.2%
- 2008$2.64B-6.5%
- 2007$2.82B-8.6%
- 2006$3.08B+41.1%
- 2005$2.19B+2.8%
- 2004$2.13B+9.2%
- 2003$1.95B+17.4%
- 2002$1.66B-30.1%
- 2001$2.37B+10.5%
- 2000$2.15B+45.5%
- 1999$1.48B-10.3%
- 1998$1.65B—
CapEx values are taken from United Parcel Service's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at United Parcel Service (UPS)
According to United Parcel Service's latest reported financial statements, the company's current CapEx (TTM) is $3.84B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
United Parcel Service (UPS) most recent annual CapEx stands at $3.69B (2025) – declined 5.7% year-over-year.
United Parcel Service CapEx has contracted on net over the period, with a -7.4% compound annual growth rate over 2020–2025 (5 years).
Between 2019 and 2025, United Parcel Service CapEx plunged 42.2%, falling from $6.38B to $3.69B.
Across the available history, CapEx reached its high of $6.38B in 2019 and its low of $1.39B in 2010.
United Parcel Service Capital Expenditures by Year
United Parcel Service Capital Expenditures 2025: $3.69B
2025's CapEx for United Parcel Service came in at $3.69B, declined 5.7% below 2024.
United Parcel Service Capital Expenditures 2024: $3.91B
United Parcel Service posted CapEx of $3.91B in 2024, declined 24.2% below 2023.
United Parcel Service Capital Expenditures 2023: $5.16B
In 2023, United Parcel Service reported CapEx of $5.16B, grew 8.2% from 2022.
United Parcel Service Capital Expenditures 2022: $4.77B
United Parcel Service CapEx in 2022 was $4.77B, grew 13.7% from 2021.
United Parcel Service Capital Expenditures 2021: $4.19B
United Parcel Service CapEx in 2021 was $4.19B.
See more financial history for United Parcel Service (UPS).
Sector peers by CapEx
Industrials peers of United Parcel Service (UPS), ranked by their latest CapEx
| $20.74B | |
| $4.23B | |
| $3.79B | |
| $2.94B | |
| $2.63B | |
| $1.47B | |
| $1.27B | |
| $0.00 |
- $20.74B
- $4.23B
- $3.79B
- $2.94B
- $2.63B
- $1.47B
- $1.27B
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