UPS (UPS) official guidance

As we build our financial plan that supports the guidance that we just gave, we expect the volume sequentially in the United States to lift about 24% from Q3-Q4, much like it did last year.

•Capital expenditures of approximately $3.0 billion

For the full year 2026, capital expenditures are still expected to be about $3 billion, and we plan to complete our pension contribution of $1.3 billion.

The company also confirms expected capital expenditures of about $3.0 billion and dividend payments of around $5.4 billion, subject to board approval.

Capital expenditures are still expected to be about $3 billion, and we plan to make our annual pension contribution of $1.3 billion.

The company also confirms expected capital expenditures of about $3.0 billion and dividend payments of around $5.4 billion, subject to board approval.

But before we factor in the financial impact of a voluntary driver separation program, capital expenditures are expected to be about $3 billion.

The company is planning capital expenditures of about $3.0 billion and dividend payments of around $5.4 billion, subject to board approval.

We expect to achieve nearly $3 billion in full year 2026 benefits from these initiatives.

As a result, we still expect to deliver approximately $3 billion in related benefits in 2026.

We expect to achieve approximately $3 billion in full year 2026 benefits from these initiatives.

Pulling it all together, we are targeting $3 billion in savings related to the Amazon glide-down.

In connection with the Network Reconfiguration and Efficiency Reimagined programs described above, we expect savings of approximately $3 billion in 2026.

•Dividend payments of around $5.4 billion, subject to board approval

Lastly, we are still planning to pay out around $5.4 billion in dividends in 2026, subject to board approval.

The company also confirms expected capital expenditures of about $3.0 billion and dividend payments of around $5.4 billion, subject to board approval.

Lastly, we are still planning to pay out around $5.4 billion in dividends in 2026, subject to board approval.

The company also confirms expected capital expenditures of about $3.0 billion and dividend payments of around $5.4 billion, subject to board approval.

We are planning to pay out around $5.4 billion in dividends in 2026, subject to board approval.

The company is planning capital expenditures of about $3.0 billion and dividend payments of around $5.4 billion, subject to board approval.

•Effective tax rate of approximately 23%

The effective tax rate is still expected to be approximately 23.0%.

The effective tax rate is still expected to be approximately 23.0%.

For modeling purposes, in total below the line, we expect approximately $760 million in expense, which includes pension income of approximately $250 million, and we expect the tax rate for the full year to be approximately 23%.

The effective tax rate is expected to be approximately 23.0%.

We expect free cash flow to be approximately $5.5 billion, which includes the payments for the Driver Choice Program I mentioned earlier.

We expect free cash flow to be approximately $5.5 billion, including one-time payments for the Driver Choice Program.

We expect free cash flow to be approximately $6.5 billion, including our annual pension contribution of $1.3 billion.

For the full year 2026, the company now expects consolidated revenue of approximately $92.6 billion, non-GAAP adjusted operating profit of approximately $8.75 billion, non-GAAP adjusted diluted EPS of approximately $7.28, and non-GAAP adjusted free cash flow of approximately $6.1B.

Based on our year-to-date results, today, we are raising our full year 2026 consolidated revenue outlook to approximately $91.2 billion.

For the full year 2026, the company is raising its guidance for consolidated revenue to approximately $91.2 billion, consolidated non-GAAP adjusted operating profit to approximately $8.65 billion, and non-GAAP adjusted diluted EPS to approximately $7.22.

Today, we are reaffirming 2026 consolidated financial goals. For the year, we expect to generate consolidated revenue of approximately $89.7 billion and a consolidated operating margin of approximately 9.6%.

For the full year 2026, the company reaffirms its consolidated financial targets of revenue of approximately $89.7 billion and non-GAAP adjusted operating margin of approximately 9.6%.

For the full year 2026, we expect to generate consolidated revenue of approximately $89.7 billion and a consolidated operating margin of approximately 9.6%.

For the full year 2026, on a consolidated basis, UPS expects revenue to be approximately $89.7 billion and non-GAAP adjusted operating margin to be approximately 9.6%.

For the fourth quarter of 2026, on a consolidated basis, UPS expects revenue to be approximately $25.7 billion and non-GAAP adjusted operating profit of approximately $3.3 billion.