United Parcel Service
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. United Parcel Service's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 9% to $90,958,000,000. Profit margin reached 7%. Total operating expenses were $11,745,000,000.
Profit Margin
| 2014 | 58.23B | 3.03B | 5.21% |
|---|---|---|---|
| 2015 | 58.36B | 4.84B | 8.3% |
| 2016 | 60.90B | 3.43B | 5.63% |
| 2017 | 65.87B | 4.91B | 7.45% |
| 2018 | 71.86B | 4.79B | 6.67% |
| 2019 | 74.09B | 4.44B | 5.99% |
| 2020 | 84.62B | 1.34B | 1.59% |
| 2021 | 97.28B | 12.89B | 13.25% |
| 2022 | 100.33B | 11.54B | 11.51% |
| 2023 | 90.95B | 6.70B | 7.37% |
UPS Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 90.95B | 100.33B | 97.28B | 84.62B | 74.09B | 71.86B | 65.87B | 60.90B | 58.36B | 58.23B |
Cost of revenue | 73.72B | 87.24B | 84.47B | 76.81B | 66.29B | 64.83B | 58.34B | 55.43B | 31.02B | 32.04B |
Gross profit | 17.23B | 13.09B | 12.81B | 7.81B | 7.79B | 7.02B | 7.52B | 5.46B | 27.33B | 26.18B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 11.74B | 87.24B | 46.70B | 7.47B | 5.91B | 5.46B | 5.03B | 4.62B | 19.66B | 21.21B |
Operating income | 9.14B | 13.09B | 17.26B | 2.63B | 3.81B | 7.02B | 7.52B | 5.46B | 7.66B | 4.96B |
Other income (expenses), net | -568M | 1.73B | -672M | -5.84B | 1.83B | -400M | -392M | 50M | -326M | -331M |
Income before tax | 8.57B | 14.82B | 16.59B | 1.97B | 5.65B | 6.01B | 7.14B | 5.13B | 7.34B | 4.63B |
Income tax expense | 1.86B | 3.27B | 3.70B | 547M | 1.21B | 1.22B | 2.23B | 1.70B | 2.49B | 1.60B |
Net income | 6.70B | 11.54B | 12.89B | 1.34B | 4.44B | 4.79B | 4.91B | 3.43B | 4.84B | 3.03B |
Earnings per share | ||||||||||
Basic EPS | 7.81 | 13.26 | 14.75 | 1.65 | 5.14 | 5.53 | 5.64 | 3.89 | 5.38 | 3.31 |
Diluted EPS | 7.8 | 13.2 | 14.68 | 1.64 | 5.11 | 5.51 | 5.61 | 3.87 | 5.35 | 3.28 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |