United Parcel Service, Inc. (UPS) quarterly cash flow statement — complete operating, investing & financing history
| Cash from Operations | 2.22B | 3.3B | 2.48B | 348M | 2.32B | 3.31B | 1.5B | 1.99B | 3.32B | 2.41B | 2.23B | 3.24B |
| Operating CF Margin % | 10.49% | 13.48% | 11.59% | 1.64% | 10.76% | 13.13% | 6.74% | 9.15% | 15.31% | 9.7% | 10.62% | 14.71% |
| Operating CF Growth % | -4.06% | -0.39% | 65.69% | -82.54% | -30.1% | 37.49% | -32.92% | -38.43% | 40.69% | -27.64% | -9.92% | -15.11% |
| Net Income | 864M | 1.79B | 1.31B | 1.28B | 1.19B | 1.72B | 1.54B | 1.41B | 1.11B | 1.6B | 1.13B | 2.08B |
| Depreciation & Amortization | 985M | 972M | 926M | 936M | 912M | 919M | 905M | 887M | 898M | 867M | 837M | 828M |
| Stock-Based Compensation | 24M | 32M | 20M | 0 | 21M | 45M | -24M | 30M | -27M | 34M | 21M | 39M |
| Deferred Taxes | 45M | 26M | 50M | -44M | -40M | -39M | -48M | 50M | 22M | -128M | 159M | 112M |
| Other Non-Cash Items | 225M | 651M | -1.27B | -392M | 246M | 1.11B | -1.14B | 130M | 365M | 723M | 328M | 225M |
| Working Capital Changes | 81M | -170M | 1.44B | -1.44B | -8M | -439M | 263M | -513M | 945M | -690M | -239M | -48M |
| Change in Receivables | 1.08B | -1.24B | 314M | -420M | 960M | -1.96B | -131M | 34M | 1.49B | -1.62B | -18M | 644M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -495M | 611M | -359M | 464M | -906M | 1.09B | -144M | 114M | -799M | 681M | -137M | -253M |
| Cash from Investing | -944M | -2B | -456M | -923M | -1.35B | -1.06B | 187M | -913M | 1.57B | -3.2B | -1.07B | -1.05B |
| Capital Expenditures | -1.03B | -716M | -970M | -1.12B | -876M | -1.1B | -843M | -933M | -1.03B | -2.05B | -1.29B | -1.21B |
| CapEx % of Revenue | 4.86% | 2.92% | 4.53% | 5.29% | 4.07% | 4.35% | 3.79% | 4.29% | 4.78% | 8.24% | 6.13% | 5.5% |
| Acquisitions | 0 | -1.49B | -91M | 25M | -413M | 40M | 1.04B | -7M | -31M | -1.26B | 112M | 45M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 87M | 140M | 581M | 4M | -10M | 2M | -22M | 10M | -14M | -21M | -10M | -5M |
| Cash from Financing | -1.33B | -2.19B | -1.43B | 1.79B | -2.31B | -1.85B | -2.24B | 899M | -3.67B | -349M | -1.6B | -3.59B |
| Debt Issued (Net) | -46M | -6.1B | 3.01B | 3.1B | -7M | -543M | -436M | 2.2B | -2.2B | 936M | 429M | -1.53B |
| Equity Issued (Net) | 28M | 26M | 31M | 47M | -945M | 48M | -447M | 77M | 54M | 58M | -681M | -677M |
| Dividends Paid | -1.35B | -1.35B | -1.35B | -1.35B | -1.35B | -1.35B | -1.35B | -1.35B | -1.35B | -1.34B | -1.34B | -1.34B |
| Share Repurchases | 0 | 0 | 0 | 0 | -1B | 0 | -500M | 0 | 0 | 0 | -752M | -747M |
| Other Financing | 42M | 5.23B | -3.12B | -2M | -13M | -2M | -5M | -28M | -174M | -5M | -10M | -33M |
| Net Change in Cash | -85M | -877M | 570M | 1.39B | -1.31B | 257M | -474M | 1.96B | 1.17B | -1.1B | -501M | -1.38B |
| Free Cash Flow | 1.19B | 2.59B | 1.51B | -775M | 1.44B | 2.22B | 655M | 1.06B | 2.28B | 362M | 944M | 2.03B |
| FCF Margin % | 5.63% | 10.56% | 7.06% | -3.65% | 6.69% | 8.78% | 2.95% | 4.87% | 10.53% | 1.46% | 4.49% | 9.21% |
| FCF Growth % | -17.27% | 16.64% | 130.84% | -173.11% | -36.78% | 512.43% | -30.61% | -47.68% | 30.49% | -56.96% | -40.59% | -31.85% |
| FCF per Share | 1.40 | 3.03 | 1.78 | -0.91 | 1.70 | 2.58 | 0.77 | 1.24 | 2.66 | 0.42 | 1.10 | 2.35 |
| FCF Conversion (FCF/Net Income) | 2.57x | 1.84x | 1.89x | 0.27x | 1.95x | 1.93x | 0.97x | 1.41x | 2.98x | 1.50x | 1.98x | 1.56x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |