Equity
Retained Earnings
United Parcel Service, Inc. Retained Earnings decreased by 2.6% to $19.62B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.6%, from $19.94B to $19.62B. Over 5 years (FY 2020 to FY 2025), Retained Earnings shows an upward trend with a 23.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionEquity
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 6, 2026
How to read this metric
A consistent increase signals strong historical profitability and the ability to self-fund growth.
Detailed definition
This represents the cumulative net income earned by the company since inception, minus any dividends paid to shareholder...
Peer comparison
Mature, profitable companies typically show high retained earnings, whereas growth-stage companies may have lower or negative balances.
Metric ID:
retained_earningsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $12.53B | $13.97B | $16.18B | $17.43B | $18.96B | $20.18B | $21.33B | $21.51B | $21.58B | $20.7B | $21.06B | $20.68B | $20.69B | $20.55B | $20.88B | $19.94B | $19.83B | $19.75B | $20.15B | $19.62B |
| QoQ Change | — | +11.5% | +15.8% | +7.8% | +8.7% | +6.4% | +5.7% | +0.9% | +0.3% | -4.1% | +1.7% | -1.8% | +0.1% | -0.7% | +1.6% | -4.5% | -0.5% | -0.4% | +2.0% | -2.6% |
| YoY Change | — | — | — | — | +51.3% | +44.4% | +31.8% | +23.4% | +13.9% | +2.6% | -1.3% | -3.9% | -4.1% | -0.7% | -0.8% | -3.6% | -4.2% | -3.9% | -3.5% | -1.6% |
Range$12.53B – $21.58B
CAGR+9.9%
Avg YoY Growth+8.7%
Median YoY Growth-1.0%
Retained Earnings at Other Companies
Frequently Asked Questions
- What is United Parcel Service, Inc.'s retained earnings?
- United Parcel Service, Inc. (UPS) reported retained earnings of $19.62B in Q1 2026.
- How has United Parcel Service, Inc.'s retained earnings changed year-over-year?
- United Parcel Service, Inc.'s retained earnings decreased by 1.6% year-over-year, from $19.94B to $19.62B.
- What is the long-term trend for United Parcel Service, Inc.'s retained earnings?
- Over 5 years (2020 to 2025), United Parcel Service, Inc.'s retained earnings has grown at a 23.9% compound annual growth rate (CAGR), from $6.9B to $20.15B.
- What does retained earnings mean?
- The portion of total profits kept in the business rather than paid out as dividends.