Return on Equity (ROE)
since 2005
Calculation
United Parcel Service Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income1 | ÷ | Equity for controlling interests1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 38.76% | = | 100 | × | 6,708) | ÷ | 17,306) |
| Dec 31, 2022 | 58.36% | = | 100 | × | 11,548) | ÷ | 19,786) |
| Dec 31, 2021 | 90.44% | = | 100 | × | 12,890) | ÷ | 14,253) |
| Dec 31, 2020 | 204.41% | = | 100 | × | 1,343) | ÷ | 657) |
| Dec 31, 2019 | 135.90% | = | 100 | × | 4,440) | ÷ | 3,267) |
| Dec 31, 2018 | 158.59% | = | 100 | × | 4,791) | ÷ | 3,021) |
| Dec 31, 2017 | 491.00% | = | 100 | × | 4,910) | ÷ | 1,000) |
| Dec 31, 2016 | 847.16% | = | 100 | × | 3,431) | ÷ | 405) |
| Dec 31, 2015 | 196.11% | = | 100 | × | 4,844) | ÷ | 2,470) |
| Dec 31, 2014 | 141.62% | = | 100 | × | 3,032) | ÷ | 2,141) |
| Dec 31, 2013 | 67.53% | = | 100 | × | 4,372) | ÷ | 6,474) |
| Dec 31, 2012 | 17.34% | = | 100 | × | 807) | ÷ | 4,653) |
| Dec 31, 2011 | 54.07% | = | 100 | × | 3,804) | ÷ | 7,035) |
| Dec 31, 2010 | 43.71% | = | 100 | × | 3,488) | ÷ | 7,979) |
| Dec 31, 2009 | 28.20% | = | 100 | × | 2,152) | ÷ | 7,630) |
| Dec 31, 2008 | 44.29% | = | 100 | × | 3,003) | ÷ | 6,780) |
| Dec 31, 2007 | 3.14% | = | 100 | × | 382) | ÷ | 12,183) |
| Dec 31, 2006 | 27.14% | = | 100 | × | 4,202) | ÷ | 15,482) |
| Dec 31, 2005 | 22.92% | = | 100 | × | 3,870) | ÷ | 16,884) |
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., ROE, long-term trends, comparison to competitors
| United Parcel Service Inc. | FedEx Corp. | Uber Technologies Inc. | Union Pacific Corp. | |
|---|---|---|---|---|
| Dec 31, 2023 | 38.76% | 15.23% | 16.77% | 43.14% |
| Dec 31, 2022 | 58.36% | 15.34% | -124.54% | 57.54% |
| Dec 31, 2021 | 90.44% | 21.64% | -3.43% | 46.06% |
| Dec 31, 2020 | 204.41% | 7.03% | -55.18% | 31.54% |
| Dec 31, 2019 | 135.90% | 3.04% | -59.94% | 32.65% |
| Dec 31, 2018 | 158.59% | 23.55% | — | 29.21% |
| Dec 31, 2017 | 491.00% | 18.65% | — | 43.10% |
| Dec 31, 2016 | 847.16% | 13.20% | — | 21.24% |
| Dec 31, 2015 | 196.11% | 7.00% | — | 23.05% |
| Dec 31, 2014 | 141.62% | 13.73% | — | 24.45% |
| Dec 31, 2013 | 67.53% | 8.97% | — | 20.67% |
| Dec 31, 2012 | 17.34% | 13.80% | — | 19.84% |
| Dec 31, 2011 | 54.07% | 9.54% | — | 17.72% |
| Dec 31, 2010 | 43.71% | 8.57% | — | 15.65% |
| Dec 31, 2009 | 28.20% | 0.72% | — | 11.20% |
| Dec 31, 2008 | 44.29% | 7.74% | — | 15.14% |
| Dec 31, 2007 | 3.14% | 15.93% | — | 11.90% |
| Dec 31, 2006 | 27.14% | 15.69% | — | 10.49% |
| Dec 31, 2005 | 22.92% | 15.11% | — | 7.49% |
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., ROE, long-term trends, comparison to sector (transportation)
| United Parcel Service Inc. | Transportation | |
|---|---|---|
| Dec 31, 2023 | 38.76% | 27.29% |
| Dec 31, 2022 | 58.36% | 20.60% |
| Dec 31, 2021 | 90.44% | 36.02% |
| Dec 31, 2020 | 204.41% | 2.51% |
| Dec 31, 2019 | 135.90% | 4.49% |
| Dec 31, 2018 | 158.59% | 35.77% |
| Dec 31, 2017 | 491.00% | 44.41% |
| Dec 31, 2016 | 847.16% | 27.80% |
| Dec 31, 2015 | 196.11% | 27.95% |
| Dec 31, 2014 | 141.62% | 26.70% |
| Dec 31, 2013 | 67.53% | 22.89% |
| Dec 31, 2012 | 17.34% | 17.28% |
| Dec 31, 2011 | 54.07% | 20.93% |
| Dec 31, 2010 | 43.71% | 18.84% |
| Dec 31, 2009 | 28.20% | 10.86% |
| Dec 31, 2008 | 44.29% | 17.59% |
| Dec 31, 2007 | 3.14% | 10.52% |
| Dec 31, 2006 | 27.14% | 18.00% |
| Dec 31, 2005 | 22.92% | 15.79% |
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., ROE, long-term trends, comparison to industry (industrials)
| United Parcel Service Inc. | Industrials | |
|---|---|---|
| Dec 31, 2023 | 38.76% | 27.68% |
| Dec 31, 2022 | 58.36% | 15.53% |
| Dec 31, 2021 | 90.44% | 16.58% |
| Dec 31, 2020 | 204.41% | 3.94% |
| Dec 31, 2019 | 135.90% | 13.76% |
| Dec 31, 2018 | 158.59% | 17.74% |
| Dec 31, 2017 | 491.00% | 17.95% |
| Dec 31, 2016 | 847.16% | 21.48% |
| Dec 31, 2015 | 196.11% | 13.44% |
| Dec 31, 2014 | 141.62% | 19.42% |
| Dec 31, 2013 | 67.53% | 16.37% |
| Dec 31, 2012 | 17.34% | 17.53% |
| Dec 31, 2011 | 54.07% | 19.87% |
| Dec 31, 2010 | 43.71% | 16.43% |
| Dec 31, 2009 | 28.20% | 12.98% |
| Dec 31, 2008 | 44.29% | 23.45% |
| Dec 31, 2007 | 3.14% | 20.40% |
| Dec 31, 2006 | 27.14% | 21.29% |
| Dec 31, 2005 | 22.92% | 16.98% |
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).