Total Asset Turnover
since 2005
Calculation
United Parcel Service Inc., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Revenue1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 1.28 | = | 90,958) | ÷ | 70,857) |
| Dec 31, 2022 | 1.41 | = | 100,338) | ÷ | 71,124) |
| Dec 31, 2021 | 1.40 | = | 97,287) | ÷ | 69,405) |
| Dec 31, 2020 | 1.36 | = | 84,628) | ÷ | 62,408) |
| Dec 31, 2019 | 1.28 | = | 74,094) | ÷ | 57,857) |
| Dec 31, 2018 | 1.44 | = | 71,861) | ÷ | 50,016) |
| Dec 31, 2017 | 1.45 | = | 65,872) | ÷ | 45,403) |
| Dec 31, 2016 | 1.51 | = | 60,906) | ÷ | 40,377) |
| Dec 31, 2015 | 1.52 | = | 58,363) | ÷ | 38,311) |
| Dec 31, 2014 | 1.64 | = | 58,232) | ÷ | 35,471) |
| Dec 31, 2013 | 1.53 | = | 55,438) | ÷ | 36,212) |
| Dec 31, 2012 | 1.39 | = | 54,127) | ÷ | 38,863) |
| Dec 31, 2011 | 1.53 | = | 53,105) | ÷ | 34,701) |
| Dec 31, 2010 | 1.47 | = | 49,545) | ÷ | 33,597) |
| Dec 31, 2009 | 1.42 | = | 45,297) | ÷ | 31,883) |
| Dec 31, 2008 | 1.62 | = | 51,486) | ÷ | 31,879) |
| Dec 31, 2007 | 1.27 | = | 49,692) | ÷ | 39,042) |
| Dec 31, 2006 | 1.43 | = | 47,547) | ÷ | 33,210) |
| Dec 31, 2005 | 1.21 | = | 42,581) | ÷ | 35,222) |
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., total asset turnover, long-term trends, comparison to competitors
| United Parcel Service Inc. | FedEx Corp. | Uber Technologies Inc. | Union Pacific Corp. | |
|---|---|---|---|---|
| Dec 31, 2023 | 1.28 | 1.03 | 0.96 | 0.36 |
| Dec 31, 2022 | 1.41 | 1.09 | 0.99 | 0.38 |
| Dec 31, 2021 | 1.40 | 1.01 | 0.45 | 0.34 |
| Dec 31, 2020 | 1.36 | 0.94 | 0.33 | 0.31 |
| Dec 31, 2019 | 1.28 | 1.28 | 0.45 | 0.35 |
| Dec 31, 2018 | 1.44 | 1.25 | — | 0.39 |
| Dec 31, 2017 | 1.45 | 1.24 | — | 0.37 |
| Dec 31, 2016 | 1.51 | 1.09 | — | 0.36 |
| Dec 31, 2015 | 1.52 | 1.28 | — | 0.40 |
| Dec 31, 2014 | 1.64 | 1.38 | — | 0.46 |
| Dec 31, 2013 | 1.53 | 1.32 | — | 0.44 |
| Dec 31, 2012 | 1.39 | 1.43 | — | 0.44 |
| Dec 31, 2011 | 1.53 | 1.44 | — | 0.43 |
| Dec 31, 2010 | 1.47 | 1.39 | — | 0.39 |
| Dec 31, 2009 | 1.42 | 1.46 | — | 0.33 |
| Dec 31, 2008 | 1.62 | 1.48 | — | 0.45 |
| Dec 31, 2007 | 1.27 | 1.47 | — | 0.43 |
| Dec 31, 2006 | 1.43 | 1.42 | — | 0.43 |
| Dec 31, 2005 | 1.21 | 1.44 | — | 0.38 |
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., total asset turnover, long-term trends, comparison to sector (transportation)
| United Parcel Service Inc. | Transportation | |
|---|---|---|
| Dec 31, 2023 | 1.28 | 0.92 |
| Dec 31, 2022 | 1.41 | 0.98 |
| Dec 31, 2021 | 1.40 | 0.87 |
| Dec 31, 2020 | 1.36 | 0.80 |
| Dec 31, 2019 | 1.28 | 0.87 |
| Dec 31, 2018 | 1.44 | 0.99 |
| Dec 31, 2017 | 1.45 | 0.97 |
| Dec 31, 2016 | 1.51 | 0.92 |
| Dec 31, 2015 | 1.52 | 0.98 |
| Dec 31, 2014 | 1.64 | 1.05 |
| Dec 31, 2013 | 1.53 | 1.02 |
| Dec 31, 2012 | 1.39 | 1.02 |
| Dec 31, 2011 | 1.53 | 1.04 |
| Dec 31, 2010 | 1.47 | 1.00 |
| Dec 31, 2009 | 1.42 | 0.96 |
| Dec 31, 2008 | 1.62 | 1.10 |
| Dec 31, 2007 | 1.27 | 1.00 |
| Dec 31, 2006 | 1.43 | 1.03 |
| Dec 31, 2005 | 1.21 | 0.94 |
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., total asset turnover, long-term trends, comparison to industry (industrials)
| United Parcel Service Inc. | Industrials | |
|---|---|---|
| Dec 31, 2023 | 1.28 | 0.67 |
| Dec 31, 2022 | 1.41 | 0.66 |
| Dec 31, 2021 | 1.40 | 0.60 |
| Dec 31, 2020 | 1.36 | 0.51 |
| Dec 31, 2019 | 1.28 | 0.61 |
| Dec 31, 2018 | 1.44 | 0.65 |
| Dec 31, 2017 | 1.45 | 0.61 |
| Dec 31, 2016 | 1.51 | 0.60 |
| Dec 31, 2015 | 1.52 | 0.53 |
| Dec 31, 2014 | 1.64 | 0.47 |
| Dec 31, 2013 | 1.53 | 0.46 |
| Dec 31, 2012 | 1.39 | 0.44 |
| Dec 31, 2011 | 1.53 | 0.43 |
| Dec 31, 2010 | 1.47 | 0.40 |
| Dec 31, 2009 | 1.42 | 0.38 |
| Dec 31, 2008 | 1.62 | 0.42 |
| Dec 31, 2007 | 1.27 | 0.40 |
| Dec 31, 2006 | 1.43 | 0.42 |
| Dec 31, 2005 | 1.21 | 0.39 |
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).