Net Profit Margin
since 2005
Calculation
United Parcel Service Inc., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income1 | ÷ | Revenue1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 7.37% | = | 100 | × | 6,708) | ÷ | 90,958) |
| Dec 31, 2022 | 11.51% | = | 100 | × | 11,548) | ÷ | 100,338) |
| Dec 31, 2021 | 13.25% | = | 100 | × | 12,890) | ÷ | 97,287) |
| Dec 31, 2020 | 1.59% | = | 100 | × | 1,343) | ÷ | 84,628) |
| Dec 31, 2019 | 5.99% | = | 100 | × | 4,440) | ÷ | 74,094) |
| Dec 31, 2018 | 6.67% | = | 100 | × | 4,791) | ÷ | 71,861) |
| Dec 31, 2017 | 7.45% | = | 100 | × | 4,910) | ÷ | 65,872) |
| Dec 31, 2016 | 5.63% | = | 100 | × | 3,431) | ÷ | 60,906) |
| Dec 31, 2015 | 8.30% | = | 100 | × | 4,844) | ÷ | 58,363) |
| Dec 31, 2014 | 5.21% | = | 100 | × | 3,032) | ÷ | 58,232) |
| Dec 31, 2013 | 7.89% | = | 100 | × | 4,372) | ÷ | 55,438) |
| Dec 31, 2012 | 1.49% | = | 100 | × | 807) | ÷ | 54,127) |
| Dec 31, 2011 | 7.16% | = | 100 | × | 3,804) | ÷ | 53,105) |
| Dec 31, 2010 | 7.04% | = | 100 | × | 3,488) | ÷ | 49,545) |
| Dec 31, 2009 | 4.75% | = | 100 | × | 2,152) | ÷ | 45,297) |
| Dec 31, 2008 | 5.83% | = | 100 | × | 3,003) | ÷ | 51,486) |
| Dec 31, 2007 | 0.77% | = | 100 | × | 382) | ÷ | 49,692) |
| Dec 31, 2006 | 8.84% | = | 100 | × | 4,202) | ÷ | 47,547) |
| Dec 31, 2005 | 9.09% | = | 100 | × | 3,870) | ÷ | 42,581) |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
United Parcel Service Inc., net profit margin, long-term trends, comparison to competitors
| United Parcel Service Inc. | FedEx Corp. | Uber Technologies Inc. | Union Pacific Corp. | |
|---|---|---|---|---|
| Dec 31, 2023 | 7.37% | 4.41% | 5.06% | 26.45% |
| Dec 31, 2022 | 11.51% | 4.09% | -28.68% | 28.13% |
| Dec 31, 2021 | 13.25% | 6.23% | -2.84% | 29.92% |
| Dec 31, 2020 | 1.59% | 1.86% | -60.76% | 27.38% |
| Dec 31, 2019 | 5.99% | 0.77% | -60.13% | 27.27% |
| Dec 31, 2018 | 6.67% | 6.99% | — | 26.13% |
| Dec 31, 2017 | 7.45% | 4.97% | — | 50.43% |
| Dec 31, 2016 | 5.63% | 3.61% | — | 21.23% |
| Dec 31, 2015 | 8.30% | 2.21% | — | 21.88% |
| Dec 31, 2014 | 5.21% | 4.60% | — | 21.59% |
| Dec 31, 2013 | 7.89% | 3.52% | — | 19.98% |
| Dec 31, 2012 | 1.49% | 4.76% | — | 18.84% |
| Dec 31, 2011 | 7.16% | 3.69% | — | 16.83% |
| Dec 31, 2010 | 7.04% | 3.41% | — | 16.39% |
| Dec 31, 2009 | 4.75% | 0.28% | — | 13.42% |
| Dec 31, 2008 | 5.83% | 2.96% | — | 13.01% |
| Dec 31, 2007 | 0.77% | 5.72% | — | 11.39% |
| Dec 31, 2006 | 8.84% | 5.59% | — | 10.31% |
| Dec 31, 2005 | 9.09% | 4.93% | — | 7.56% |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Transportation)
United Parcel Service Inc., net profit margin, long-term trends, comparison to sector (transportation)
| United Parcel Service Inc. | Transportation | |
|---|---|---|
| Dec 31, 2023 | 7.37% | 7.81% |
| Dec 31, 2022 | 11.51% | 5.28% |
| Dec 31, 2021 | 13.25% | 10.95% |
| Dec 31, 2020 | 1.59% | 0.66% |
| Dec 31, 2019 | 5.99% | 1.33% |
| Dec 31, 2018 | 6.67% | 9.57% |
| Dec 31, 2017 | 7.45% | 12.63% |
| Dec 31, 2016 | 5.63% | 7.23% |
| Dec 31, 2015 | 8.30% | 8.36% |
| Dec 31, 2014 | 5.21% | 8.07% |
| Dec 31, 2013 | 7.89% | 8.48% |
| Dec 31, 2012 | 1.49% | 5.76% |
| Dec 31, 2011 | 7.16% | 7.63% |
| Dec 31, 2010 | 7.04% | 7.36% |
| Dec 31, 2009 | 4.75% | 4.37% |
| Dec 31, 2008 | 5.83% | 6.02% |
| Dec 31, 2007 | 0.77% | 4.20% |
| Dec 31, 2006 | 8.84% | 7.98% |
| Dec 31, 2005 | 9.09% | 7.42% |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Industrials)
United Parcel Service Inc., net profit margin, long-term trends, comparison to industry (industrials)
| United Parcel Service Inc. | Industrials | |
|---|---|---|
| Dec 31, 2023 | 7.37% | 8.70% |
| Dec 31, 2022 | 11.51% | 5.40% |
| Dec 31, 2021 | 13.25% | 6.54% |
| Dec 31, 2020 | 1.59% | 1.58% |
| Dec 31, 2019 | 5.99% | 4.00% |
| Dec 31, 2018 | 6.67% | 4.81% |
| Dec 31, 2017 | 7.45% | 5.83% |
| Dec 31, 2016 | 5.63% | 7.57% |
| Dec 31, 2015 | 8.30% | 5.60% |
| Dec 31, 2014 | 5.21% | 9.17% |
| Dec 31, 2013 | 7.89% | 8.70% |
| Dec 31, 2012 | 1.49% | 8.05% |
| Dec 31, 2011 | 7.16% | 8.70% |
| Dec 31, 2010 | 7.04% | 7.79% |
| Dec 31, 2009 | 4.75% | 6.13% |
| Dec 31, 2008 | 5.83% | 8.69% |
| Dec 31, 2007 | 0.77% | 9.89% |
| Dec 31, 2006 | 8.84% | 10.18% |
| Dec 31, 2005 | 9.09% | 9.21% |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).