UPS vs FedEx: Market Cap, Revenue and Profit Compared
Package delivery rivals. Size and profitability side by side, using the exact figures from SEC filings.
Data updated: Nov 6, 2026 · Based on each company's latest annual report, so fiscal year ends may differ.
Quick answers
Which has the larger market cap?
UPS is worth about $94.61 billion, 1.2 times FedEx (about $76.03 billion). Based on the Nov 5, 2026 close.
Which has more revenue?
FedEx brought in $94.72B in its latest fiscal year (FY2026), against $88.661B for UPS (FY2025).
Which is more profitable?
UPS has the higher net margin at 6.3%, against 4.7% for FedEx. Out of every $100 of revenue, UPS keeps more as net income.
Which is growing faster?
FedEx had the faster revenue growth in its latest fiscal year: +7.7%, against −2.6% for UPS.
UPS
UPS · FY2025 annual report
Revenue $88.661B
Net income $5.572B
- Operating expenses91.1%
- Taxes, interest & other2.6%
- Net income6.3%
FedEx
FDX · FY2026 annual report
Revenue $94.72B
Net income $4.433B
- Operating expenses94.2%
- Taxes, interest & other1.1%
- Net income4.7%
Size
| Item | UPS | FedEx |
|---|---|---|
| Market cap | $94.61B#121 of 289 | $76.03B#157 of 289 |
| Revenue | $88.661B#41 of 299 | $94.72B#36 of 299 |
| Operating income | $7.867B#52 of 231 | $5.463B#75 of 231 |
| Net income | $5.572B#75 of 298 | $4.433B#97 of 298 |
| Free cash flow | $4.765B#87 of 261 | $5.116B#80 of 261 |
| Total assets | $73.09B#109 of 299 | $98.937B#83 of 299 |
| Dividends paid | $5.398B#27 of 214 | $1.374B#104 of 214 |
| Dividend per share | $6.56#26 of 205 | $5.80#35 of 205 |
| Dividend yield | 5.9%#4 of 203 | 1.8%#94 of 203 |