United Parcel Service Inc (UPS) — Cash Flow Quality Index
United Parcel Service Inc (UPS) has a Cash Flow Quality Index of 1.84x as of December 2025. Operating cash flow of $3.30 Billion exceeds net income of $1.79 Billion, indicating high earnings quality where cash backs reported profits. Explore United Parcel Service Inc (UPS) investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
United Parcel Service Inc Cash Flow Quality Index (1998–2025)
Historical Cash Flow Quality Index for United Parcel Service Inc across 28 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check UPS intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for United Parcel Service Inc (1998–2025)
Year-by-year earnings quality comparison for United Parcel Service Inc. For live market cap and the full company financial profile, see United Parcel Service Inc (UPS) market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.52x | $8.45 Billion | $5.57 Billion | ▼ -13.4% |
| 2024 | 1.75x | $10.12 Billion | $5.78 Billion | ▲ +14.7% |
| 2023 | 1.53x | $10.24 Billion | $6.71 Billion | ▲ +25.0% |
| 2022 | 1.22x | $14.10 Billion | $11.55 Billion | ▲ +4.9% |
| 2021 | 1.16x | $15.01 Billion | $12.89 Billion | ▼ -84.1% |
| 2020 | 7.33x | $10.46 Billion | $1.43 Billion | ▲ +276.7% |
| 2019 | 1.95x | $8.64 Billion | $4.44 Billion | ▼ -26.7% |
| 2018 | 2.65x | $12.71 Billion | $4.79 Billion | ▲ +780.8% |
| 2017 | 0.30x | $1.48 Billion | $4.91 Billion | ▼ -84.0% |
| 2016 | 1.89x | $6.47 Billion | $3.43 Billion | ▲ +23.0% |
| 2015 | 1.53x | $7.43 Billion | $4.84 Billion | ▼ -18.8% |
| 2014 | 1.89x | $5.73 Billion | $3.03 Billion | ▲ +13.0% |
| 2013 | 1.67x | $7.30 Billion | $4.37 Billion | ▼ -81.3% |
| 2012 | 8.94x | $7.22 Billion | $807.00 Million | ▲ +380.9% |
| 2011 | 1.86x | $7.07 Billion | $3.80 Billion | ▲ +69.1% |
| 2010 | 1.10x | $3.83 Billion | $3.49 Billion | ▼ -55.2% |
| 2009 | 2.46x | $5.29 Billion | $2.15 Billion | ▼ -12.5% |
| 2008 | 2.81x | $8.43 Billion | $3.00 Billion | ▼ -4.6% |
| 2007 | 2.94x | $1.12 Billion | $382.00 Million | ▲ +121.0% |
| 2006 | 1.33x | $5.59 Billion | $4.20 Billion | ▼ -11.1% |
| 2005 | 1.50x | $5.79 Billion | $3.87 Billion | ▼ -6.4% |
| 2004 | 1.60x | $5.33 Billion | $3.33 Billion | ▼ -0.2% |
| 2003 | 1.60x | $4.65 Billion | $2.90 Billion | ▼ -9.3% |
| 2002 | 1.77x | $5.63 Billion | $3.18 Billion | ▲ +8.8% |
| 2001 | 1.63x | $3.90 Billion | $2.40 Billion | ▲ +74.0% |
| 2000 | 0.93x | $2.74 Billion | $2.93 Billion | ▼ -2.3% |
| 1999 | 0.96x | $2.22 Billion | $2.33 Billion | ▼ -42.0% |
| 1998 | 1.65x | $2.87 Billion | $1.74 Billion | — |