Stock Analysis on Net
Stock Analysis on Net

United Parcel Service Inc. (NYSE:UPS)

Common-Size Income Statement

United Parcel Service Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Revenue 100.00 100.00 100.00 100.00 100.00
Compensation and benefits -51.77 -47.62 -48.01 -52.62 -52.51
Repairs and maintenance -3.11 -2.51 -2.51 -2.79 -2.48
Depreciation and amortization -3.70 -3.18 -3.04 -3.19 -3.19
Purchased transportation -15.01 -17.59 -19.59 -18.47 -16.99
Fuel -5.25 -6.00 -3.95 -3.05 -4.44
Other occupancy -2.22 -1.81 -1.75 -1.82 -1.88
Other expenses -8.89 -8.24 -7.99 -8.98 -7.99
Operating expenses -89.95% -86.95% -86.83% -90.92% -89.48%
Operating profit 10.05% 13.05% 13.17% 9.08% 10.52%
Investment income (expense) and other 0.24 2.43 4.60 -6.07 -2.02
Interest expense -0.86 -0.70 -0.71 -0.83 -0.88
Other income and (expense) -0.62% 1.73% 3.89% -6.90% -2.90%
Income before income taxes 9.43% 14.78% 17.06% 2.18% 7.63%
Income tax expense -2.05 -3.27 -3.81 -0.59 -1.64
Net income 7.37% 11.51% 13.25% 1.59% 5.99%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Income statement item Description The company
Operating profit The net result for the period of deducting operating expenses from operating revenues. United Parcel Service Inc. operating profit as a percentage of revenue decreased from 2021 to 2022 and from 2022 to 2023.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. United Parcel Service Inc. income before income taxes as a percentage of revenue decreased from 2021 to 2022 and from 2022 to 2023.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. United Parcel Service Inc. net income as a percentage of revenue decreased from 2021 to 2022 and from 2022 to 2023.