Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. United Parcel Service's shares outstanding for the quarter that ended in Mar. 2026 was 850 Mil.
United Parcel Service's quarterly shares outstanding
increased
from Dec. 2025 (849 Mil) to Mar. 2026 (850 Mil).
It means United Parcel Serviceissued new shares from Dec. 2025 to Mar. 2026 .
United Parcel Service's annual shares outstanding
declined
from Dec. 2024 (854 Mil) to Dec. 2025 (849 Mil).
It means United Parcel Servicebought back shares from Dec. 2024 to Dec. 2025 .
United Parcel Service (NYSE:UPS) Shares Outstanding (EOP) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
United Parcel Service Shares Outstanding (EOP) Related Terms
United Parcel Service Shares Outstanding (EOP) Historical Data
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The historical data trend for United Parcel Service's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
United Parcel Service Shares Outstanding (EOP) Chart
UPS vs FDX, JBHT, FDXFw: Shares Outstanding (EOP) Comparison
For the Integrated Freight & Logistics subindustry, United Parcel Service's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
United Parcel Service Shares Outstanding (EOP) vs Transportation Industry
For the Transportation industry and Industrials sector, United Parcel Service's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where United Parcel Service's Shares Outstanding (EOP) falls into.
United Parcel Service Shares Outstanding (EOP) Calculation
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 850 Mil mean?
United Parcel Service (UPS) has a Shares Outstanding (EOP) of 850 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on United Parcel Service and its competitors.
Is United Parcel Service's Shares Outstanding (EOP) too high?
United Parcel Service's current Shares Outstanding (EOP) is 850 Mil. Overall, United Parcel Service has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Parcel Service's Shares Outstanding (EOP) compare to FDX and JBHT?
United Parcel Service's Shares Outstanding (EOP) of 850 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Transportation company?
A good Shares Outstanding (EOP) depends on the Transportation industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on United Parcel Service and its competitors. United Parcel Service's current Shares Outstanding (EOP) is 850 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Parcel Service stock overvalued right now?
Based on GuruFocus' analysis, United Parcel Service (UPS) is currently considered Modestly Undervalued. The stock's GF Value™ is $128.02, compared to a current price of $109.31 — trading 14.6% below its estimated fair value. The current Shares Outstanding (EOP) is 850 Mil. United Parcel Service's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For United Parcel Service (UPS), the current Shares Outstanding (EOP) is 850 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is United Parcel Service (UPS) Overvalued in 2026?
Based on GuruFocus' analysis, United Parcel Service stock appears to be undervalued.
The current stock price of $109.31 is trading 14.6% below its estimated GF Value™ of $128.02.
GuruFocus considers United Parcel Service to be Modestly Undervalued.
Key valuation signals for UPS:
Shares Outstanding (EOP): 850 Mil
GF Value™: $128.02 vs. price of $109.31 (14.6% below fair value)
No single metric tells the full story. See the UPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 22 million packages per day to residences and businesses across the globe. UPS' domestic US package operations generate around 65% of total revenue, while international package makes up 20%. Air and ocean freight forwarding and contract logistics make up the remainder.
76GF Score
Get the complete analysis for UPS
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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