Analysis of Geographic Areas
United Parcel Service Inc. operates in 2 regions: United States and International.
Area Asset Turnover
United Parcel Service Inc., asset turnover by geographic area
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 2.12 | 2.15 | 2.44 | 2.51 | 2.35 |
| International | 1.55 | 1.40 | 1.71 | 2.06 | 1.77 |
Based on: 10-K (reporting date: 2024-12-31), 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).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
| International | International area asset turnover ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
Area Asset Turnover: United States
United Parcel Service Inc.; United States; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenue | 70,389) | 71,749) | 78,110) | 74,376) | 66,580) |
| Long-lived assets | 33,173) | 33,301) | 32,002) | 29,609) | 28,354) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 2.12 | 2.15 | 2.44 | 2.51 | 2.35 |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 70,389 ÷ 33,173 = 2.12
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: International
United Parcel Service Inc.; International; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenue | 20,681) | 19,209) | 22,228) | 22,911) | 18,048) |
| Long-lived assets | 13,304) | 13,687) | 12,991) | 11,098) | 10,213) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 1.55 | 1.40 | 1.71 | 2.06 | 1.77 |
Based on: 10-K (reporting date: 2024-12-31), 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).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 20,681 ÷ 13,304 = 1.55
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | International | International area asset turnover ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
Revenue
United Parcel Service Inc., revenue by geographic area
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 70,389) | 71,749) | 78,110) | 74,376) | 66,580) |
| International | 20,681) | 19,209) | 22,228) | 22,911) | 18,048) |
| Consolidated | 91,070) | 90,958) | 100,338) | 97,287) | 84,628) |
Based on: 10-K (reporting date: 2024-12-31), 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).
Long-lived assets
United Parcel Service Inc., long-lived assets by geographic area
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 33,173) | 33,301) | 32,002) | 29,609) | 28,354) |
| International | 13,304) | 13,687) | 12,991) | 11,098) | 10,213) |
| Consolidated | 46,477) | 46,988) | 44,993) | 40,707) | 38,567) |
Based on: 10-K (reporting date: 2024-12-31), 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).