United Parcel Service Inc
NYSE:UPS
Income Statement
Earnings Waterfall
United Parcel Service Inc
Revenue
|
89.7B
USD
|
Cost of Revenue
|
-17.9B
USD
|
Gross Profit
|
71.8B
USD
|
Operating Expenses
|
-63.6B
USD
|
Operating Income
|
8.2B
USD
|
Other Expenses
|
-2.3B
USD
|
Net Income
|
5.9B
USD
|
Income Statement
United Parcel Service Inc
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
55 783
N/A
|
56 544
+1%
|
57 313
+1%
|
58 232
+2%
|
58 430
+0%
|
58 257
0%
|
58 204
0%
|
58 363
+0%
|
58 804
+1%
|
59 338
+1%
|
60 029
+1%
|
61 610
+3%
|
61 998
+1%
|
63 296
+2%
|
64 541
+2%
|
66 585
+3%
|
68 188
+2%
|
69 717
+2%
|
70 988
+2%
|
71 861
+1%
|
71 908
+0%
|
72 500
+1%
|
73 374
+1%
|
74 094
+1%
|
74 969
+1%
|
77 380
+3%
|
80 300
+4%
|
84 628
+5%
|
89 501
+6%
|
92 466
+3%
|
94 412
+2%
|
97 287
+3%
|
98 757
+2%
|
100 099
+1%
|
101 076
+1%
|
100 338
-1%
|
98 885
-1%
|
96 174
-3%
|
93 074
-3%
|
90 958
-2%
|
89 739
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(11 607)
|
(11 852)
|
(12 130)
|
(12 328)
|
(11 961)
|
(11 409)
|
(10 925)
|
(10 523)
|
(10 485)
|
(10 644)
|
(10 854)
|
(11 966)
|
(11 955)
|
(12 610)
|
(13 325)
|
(14 386)
|
(15 115)
|
(15 946)
|
(16 561)
|
(16 836)
|
(16 677)
|
(16 473)
|
(16 198)
|
(15 879)
|
(15 835)
|
(16 193)
|
(16 940)
|
(18 213)
|
(19 571)
|
(20 717)
|
(21 750)
|
(22 905)
|
(23 675)
|
(24 396)
|
(24 511)
|
(23 671)
|
(22 665)
|
(20 846)
|
(19 393)
|
(18 426)
|
(17 918)
|
|
Gross Profit |
44 176
N/A
|
44 692
+1%
|
45 183
+1%
|
45 904
+2%
|
46 469
+1%
|
46 848
+1%
|
47 279
+1%
|
47 840
+1%
|
48 319
+1%
|
48 694
+1%
|
49 175
+1%
|
49 644
+1%
|
50 043
+1%
|
50 686
+1%
|
51 216
+1%
|
52 199
+2%
|
53 073
+2%
|
53 771
+1%
|
54 427
+1%
|
55 025
+1%
|
55 231
+0%
|
56 027
+1%
|
57 176
+2%
|
58 215
+2%
|
59 134
+2%
|
61 187
+3%
|
63 360
+4%
|
66 415
+5%
|
69 930
+5%
|
71 749
+3%
|
72 662
+1%
|
74 382
+2%
|
75 082
+1%
|
75 703
+1%
|
76 565
+1%
|
76 667
+0%
|
76 220
-1%
|
75 328
-1%
|
73 681
-2%
|
72 532
-2%
|
71 821
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(37 225)
|
(38 735)
|
(39 044)
|
(40 948)
|
(41 291)
|
(40 460)
|
(40 883)
|
(40 192)
|
(40 544)
|
(40 836)
|
(41 269)
|
(41 956)
|
(44 782)
|
(45 426)
|
(46 178)
|
(44 670)
|
(45 641)
|
(46 603)
|
(47 344)
|
(48 001)
|
(48 333)
|
(48 759)
|
(49 507)
|
(50 417)
|
(51 658)
|
(53 642)
|
(55 580)
|
(57 956)
|
(60 553)
|
(61 326)
|
(61 706)
|
(61 572)
|
(61 786)
|
(62 130)
|
(62 775)
|
(63 573)
|
(63 836)
|
(63 699)
|
(63 822)
|
(63 391)
|
(63 608)
|
|
Selling, General & Administrative |
(31 108)
|
(32 550)
|
(32 852)
|
(34 460)
|
(34 777)
|
(33 909)
|
(34 171)
|
(33 450)
|
(33 745)
|
(34 022)
|
(34 452)
|
(35 113)
|
(37 842)
|
(38 416)
|
(39 043)
|
(37 333)
|
(38 173)
|
(39 001)
|
(39 656)
|
(40 329)
|
(40 611)
|
(40 937)
|
(41 585)
|
(42 138)
|
(43 048)
|
(44 706)
|
(46 314)
|
(48 433)
|
(49 969)
|
(50 545)
|
(50 667)
|
(50 848)
|
(51 013)
|
(51 106)
|
(51 527)
|
(52 114)
|
(52 119)
|
(52 035)
|
(52 191)
|
(51 935)
|
(52 118)
|
|
Depreciation & Amortization |
(1 861)
|
(1 868)
|
(1 893)
|
(1 923)
|
(1 961)
|
(1 998)
|
(2 040)
|
(2 084)
|
(2 130)
|
(2 175)
|
(2 202)
|
(2 224)
|
(2 226)
|
(2 233)
|
(2 251)
|
(2 282)
|
(2 324)
|
(2 304)
|
(2 256)
|
(2 207)
|
(2 179)
|
(2 212)
|
(2 275)
|
(2 360)
|
(2 440)
|
(2 526)
|
(2 616)
|
(2 698)
|
(2 772)
|
(2 850)
|
(2 911)
|
(2 953)
|
(2 995)
|
(3 018)
|
(3 054)
|
(3 188)
|
(3 258)
|
(3 324)
|
(3 387)
|
(3 366)
|
(3 430)
|
|
Other Operating Expenses |
(4 256)
|
(4 317)
|
(4 299)
|
(4 565)
|
(4 553)
|
(4 553)
|
(4 672)
|
(4 658)
|
(4 669)
|
(4 639)
|
(4 615)
|
(4 619)
|
(4 714)
|
(4 777)
|
(4 884)
|
(5 055)
|
(5 144)
|
(5 298)
|
(5 432)
|
(5 465)
|
(5 543)
|
(5 610)
|
(5 647)
|
(5 919)
|
(6 170)
|
(6 410)
|
(6 650)
|
(6 825)
|
(7 812)
|
(7 931)
|
(8 128)
|
(7 771)
|
(7 778)
|
(8 006)
|
(8 194)
|
(8 271)
|
(8 459)
|
(8 340)
|
(8 244)
|
(8 090)
|
(8 060)
|
|
Operating Income |
6 951
N/A
|
5 957
-14%
|
6 139
+3%
|
4 956
-19%
|
5 178
+4%
|
6 388
+23%
|
6 396
+0%
|
7 648
+20%
|
7 775
+2%
|
7 858
+1%
|
7 906
+1%
|
7 688
-3%
|
5 261
-32%
|
5 260
0%
|
5 038
-4%
|
7 529
+49%
|
7 432
-1%
|
7 168
-4%
|
7 083
-1%
|
7 024
-1%
|
6 898
-2%
|
7 268
+5%
|
7 669
+6%
|
7 798
+2%
|
7 476
-4%
|
7 545
+1%
|
7 780
+3%
|
8 459
+9%
|
9 377
+11%
|
10 423
+11%
|
10 956
+5%
|
12 810
+17%
|
13 296
+4%
|
13 573
+2%
|
13 790
+2%
|
13 094
-5%
|
12 384
-5%
|
11 629
-6%
|
9 859
-15%
|
9 141
-7%
|
8 213
-10%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(358)
|
(368)
|
(389)
|
(334)
|
(393)
|
(363)
|
(362)
|
(283)
|
(157)
|
(236)
|
(254)
|
(381)
|
(622)
|
(603)
|
(612)
|
(398)
|
(457)
|
(558)
|
(585)
|
(691)
|
(732)
|
(694)
|
(723)
|
(654)
|
(702)
|
(707)
|
(685)
|
(701)
|
(711)
|
(695)
|
(696)
|
(694)
|
(691)
|
(695)
|
(695)
|
(704)
|
(718)
|
(738)
|
(760)
|
(785)
|
(792)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(775)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
15
|
55
|
49
|
15
|
19
|
(26)
|
1
|
(23)
|
(119)
|
(49)
|
(31)
|
(2 186)
|
460
|
609
|
824
|
6
|
113
|
285
|
349
|
(314)
|
(368)
|
(498)
|
(553)
|
(1 492)
|
(1 312)
|
(1 223)
|
(1 161)
|
(5 139)
|
(1 868)
|
(1 851)
|
(1 915)
|
4 479
|
1 178
|
1 166
|
1 225
|
2 435
|
2 289
|
2 087
|
1 878
|
217
|
166
|
|
Pre-Tax Income |
6 608
N/A
|
5 644
-15%
|
5 799
+3%
|
4 637
-20%
|
4 804
+4%
|
5 999
+25%
|
6 035
+1%
|
7 342
+22%
|
7 499
+2%
|
7 573
+1%
|
7 621
+1%
|
5 121
-33%
|
5 099
0%
|
5 266
+3%
|
5 250
0%
|
7 137
+36%
|
7 088
-1%
|
6 895
-3%
|
6 847
-1%
|
6 019
-12%
|
5 798
-4%
|
6 076
+5%
|
6 393
+5%
|
5 652
-12%
|
5 462
-3%
|
5 615
+3%
|
5 934
+6%
|
1 844
-69%
|
6 798
+269%
|
7 877
+16%
|
8 345
+6%
|
16 595
+99%
|
13 783
-17%
|
14 044
+2%
|
14 320
+2%
|
14 825
+4%
|
13 955
-6%
|
12 978
-7%
|
10 977
-15%
|
8 573
-22%
|
7 587
-12%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2 362)
|
(2 015)
|
(2 053)
|
(1 605)
|
(1 657)
|
(2 076)
|
(2 069)
|
(2 498)
|
(2 550)
|
(2 585)
|
(2 620)
|
(1 699)
|
(1 633)
|
(1 685)
|
(1 680)
|
(2 490)
|
(2 262)
|
(1 968)
|
(1 671)
|
(1 228)
|
(1 241)
|
(1 319)
|
(1 394)
|
(1 212)
|
(1 168)
|
(1 238)
|
(1 350)
|
(501)
|
(1 628)
|
(1 799)
|
(1 895)
|
(3 705)
|
(3 023)
|
(3 111)
|
(3 132)
|
(3 277)
|
(3 174)
|
(2 965)
|
(2 421)
|
(1 865)
|
(1 661)
|
|
Income from Continuing Operations |
4 246
|
3 629
|
3 746
|
3 032
|
3 147
|
3 923
|
3 966
|
4 844
|
4 949
|
4 988
|
5 001
|
3 422
|
3 466
|
3 581
|
3 570
|
4 647
|
4 826
|
4 927
|
5 176
|
4 791
|
4 557
|
4 757
|
4 999
|
4 440
|
4 294
|
4 377
|
4 584
|
1 343
|
5 170
|
6 078
|
6 450
|
12 890
|
10 760
|
10 933
|
11 188
|
11 548
|
10 781
|
10 013
|
8 556
|
6 708
|
5 926
|
|
Net Income (Common) |
4 246
N/A
|
3 629
-15%
|
3 746
+3%
|
3 032
-19%
|
3 147
+4%
|
3 923
+25%
|
3 966
+1%
|
4 844
+22%
|
4 949
+2%
|
4 988
+1%
|
5 001
+0%
|
3 422
-32%
|
3 466
+1%
|
3 581
+3%
|
3 570
0%
|
4 905
+37%
|
5 084
+4%
|
5 185
+2%
|
5 434
+5%
|
4 791
-12%
|
4 557
-5%
|
4 757
+4%
|
4 999
+5%
|
4 440
-11%
|
4 294
-3%
|
4 377
+2%
|
4 584
+5%
|
1 343
-71%
|
5 170
+285%
|
6 078
+18%
|
6 450
+6%
|
12 890
+100%
|
10 760
-17%
|
10 933
+2%
|
11 188
+2%
|
11 548
+3%
|
10 781
-7%
|
10 013
-7%
|
8 556
-15%
|
6 708
-22%
|
5 926
-12%
|
|
EPS (Diluted) |
4.56
N/A
|
3.91
-14%
|
4.06
+4%
|
3.28
-19%
|
3.43
+5%
|
4.32
+26%
|
4.39
+2%
|
5.35
+22%
|
5.53
+3%
|
5.6
+1%
|
5.65
+1%
|
3.86
-32%
|
3.93
+2%
|
4.08
+4%
|
4.08
N/A
|
5.6
+37%
|
5.84
+4%
|
5.95
+2%
|
6.24
+5%
|
5.51
-12%
|
5.24
-5%
|
5.47
+4%
|
5.75
+5%
|
5.11
-11%
|
4.94
-3%
|
5.03
+2%
|
5.26
+5%
|
1.54
-71%
|
5.89
+282%
|
6.91
+17%
|
7.37
+7%
|
14.75
+100%
|
12.26
-17%
|
12.47
+2%
|
12.85
+3%
|
13.2
+3%
|
12.46
-6%
|
11.62
-7%
|
9.97
-14%
|
7.8
-22%
|
6.9
-12%
|