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United Parcel Service Targeting Up to $114 Billion Revenue in 2026
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United Parcel Service Targeting Up to $114 Billion Revenue in 2026
Mar 26, 2024 4:40 AM

07:15 AM EDT, 03/26/2024 (MT Newswires) -- United Parcel Service ( UPS ) said Tuesday that it is targeting 2026 revenue of about $108 billion to $114 billion and an adjusted operating margin of above 13%.

Analysts polled by Capital IQ expect 2026 revenue of $101.13 billion.

The company also projected 2026 free cash flow of $17 billion to $18 billion and said it plans capital spending of about 5.5% of total revenue over the period 2024 to 2026.

United Parcel Service ( UPS ) shares were up 2.5% in premarket trading.

Price: 160.5, Change: +3.93, Percent Change: +2.51

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