United Parcel Service Inc (UPS) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.78x

United Parcel Service Inc (UPS) has a Cash Flow Reinvestment Rate of 0.78x as of June 2026, reinvesting $693.00 Million (capex $693.00 Million ) from operating cash flow of $887.00 Million. See free cash flow generation of United Parcel Service Inc to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.78x
(Capex + Investments) / Operating CF

Total Reinvested

$693.00 Million
Capex + Investments

Operating Cash Flow

$887.00 Million
USD

Capital Expenditures

$693.00 Million
USD

United Parcel Service Inc Cash Flow Reinvestment Rate (1998–2025)

Historical reinvestment intensity for United Parcel Service Inc across 28 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of United Parcel Service Inc.

Annual Cash Flow Reinvestment Rate for United Parcel Service Inc (1998–2025)

Year-by-year capital reinvestment analysis for United Parcel Service Inc. See United Parcel Service Inc (UPS) financial flexibility to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.46x $3.89 Billion $8.45 Billion $3.69 Billion ▲ +12.9%
2024 0.41x $4.13 Billion $10.12 Billion $3.91 Billion ▼ -70.5%
2023 1.38x $14.15 Billion $10.24 Billion $5.16 Billion ▲ +204.8%
2022 0.45x $6.40 Billion $14.10 Billion $4.77 Billion ▼ -15.1%
2021 0.53x $8.01 Billion $15.01 Billion $4.19 Billion ▲ +0.4%
2020 0.53x $5.56 Billion $10.46 Billion $5.41 Billion ▼ -31.6%
2019 0.78x $6.71 Billion $8.64 Billion $6.38 Billion ▲ +55.2%
2018 0.50x $6.37 Billion $12.71 Billion $6.28 Billion ▼ -86.7%
2017 3.78x $5.59 Billion $1.48 Billion $5.23 Billion ▲ +530.0%
2016 0.60x $3.88 Billion $6.47 Billion $2.96 Billion ▲ +31.0%
2015 0.46x $3.40 Billion $7.43 Billion $2.38 Billion ▼ -3.0%
2014 0.47x $2.70 Billion $5.73 Billion $2.33 Billion ▲ +63.2%
2013 0.29x $2.11 Billion $7.30 Billion $2.06 Billion ▼ -27.6%
2012 0.40x $2.88 Billion $7.22 Billion $2.15 Billion ▲ +26.4%
2011 0.32x $2.23 Billion $7.07 Billion $2.00 Billion ▼ -20.7%
2010 0.40x $1.53 Billion $3.83 Billion $1.39 Billion ▲ +13.6%
2009 0.35x $1.85 Billion $5.29 Billion $1.60 Billion ▲ +12.0%
2008 0.31x $2.64 Billion $8.43 Billion $2.64 Billion ▼ -87.5%
2007 2.51x $2.82 Billion $1.12 Billion $2.82 Billion ▲ +354.9%
2006 0.55x $3.08 Billion $5.59 Billion $3.08 Billion ▲ +46.2%
2005 0.38x $2.19 Billion $5.79 Billion $2.19 Billion ▼ -5.4%
2004 0.40x $2.13 Billion $5.33 Billion $2.13 Billion ▼ -4.8%
2003 0.42x $1.95 Billion $4.65 Billion $1.95 Billion ▲ +42.2%
2002 0.29x $1.66 Billion $5.63 Billion $1.66 Billion ▼ -51.6%
2001 0.61x $2.37 Billion $3.90 Billion $2.37 Billion ▼ -22.3%
2000 0.78x $2.15 Billion $2.74 Billion $2.15 Billion ▲ +17.9%
1999 0.66x $1.48 Billion $2.22 Billion $1.48 Billion ▲ +15.8%
1998 0.57x $1.65 Billion $2.87 Billion $1.65 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow