Analysis of Reportable Segments
United Parcel Service Inc. operates in 2 segments: U.S. Domestic Package and International Package.
Segment Profit Margin
United Parcel Service Inc., profit margin by reportable segment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| U.S. Domestic Package | 7.20% | 8.56% | 11.07% | 10.67% | 7.27% |
| International Package | 17.77% | 18.12% | 21.96% | 23.78% | 21.55% |
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).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | U.S. Domestic Package | U.S. Domestic Package segment profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
| International Package | International Package segment profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Segment Profit Margin: U.S. Domestic Package
United Parcel Service Inc.; U.S. Domestic Package; segment profit margin calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 4,345) | 5,156) | 7,151) | 6,436) | 3,891) |
| Revenue | 60,376) | 60,205) | 64,611) | 60,317) | 53,499) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 7.20% | 8.56% | 11.07% | 10.67% | 7.27% |
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
Segment profit margin = 100 × Operating profit ÷ Revenue
= 100 × 4,345 ÷ 60,376 = 7.20%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | U.S. Domestic Package | U.S. Domestic Package segment profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Segment Profit Margin: International Package
United Parcel Service Inc.; International Package; segment profit margin calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 3,191) | 3,231) | 4,326) | 4,646) | 3,436) |
| Revenue | 17,960) | 17,831) | 19,698) | 19,541) | 15,945) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 17.77% | 18.12% | 21.96% | 23.78% | 21.55% |
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
Segment profit margin = 100 × Operating profit ÷ Revenue
= 100 × 3,191 ÷ 17,960 = 17.77%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | International Package | International Package segment profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Segment Return on Assets (Segment ROA)
United Parcel Service Inc., ROA by reportable segment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| U.S. Domestic Package | 11.24% | 13.44% | 18.67% | 18.00% | 11.10% |
| International Package | 17.44% | 18.37% | 24.48% | 26.97% | 21.86% |
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).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | U.S. Domestic Package | U.S. Domestic Package segment ROA deteriorated from 2022 to 2023 and from 2023 to 2024. |
| International Package | International Package segment ROA deteriorated from 2022 to 2023 and from 2023 to 2024. |
Segment ROA: U.S. Domestic Package
United Parcel Service Inc.; U.S. Domestic Package; segment ROA calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 4,345) | 5,156) | 7,151) | 6,436) | 3,891) |
| Assets | 38,657) | 38,368) | 38,303) | 35,746) | 35,067) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 11.24% | 13.44% | 18.67% | 18.00% | 11.10% |
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
Segment ROA = 100 × Operating profit ÷ Assets
= 100 × 4,345 ÷ 38,657 = 11.24%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | U.S. Domestic Package | U.S. Domestic Package segment ROA deteriorated from 2022 to 2023 and from 2023 to 2024. |
Segment ROA: International Package
United Parcel Service Inc.; International Package; segment ROA calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 3,191) | 3,231) | 4,326) | 4,646) | 3,436) |
| Assets | 18,300) | 17,587) | 17,670) | 17,225) | 15,717) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 17.44% | 18.37% | 24.48% | 26.97% | 21.86% |
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
Segment ROA = 100 × Operating profit ÷ Assets
= 100 × 3,191 ÷ 18,300 = 17.44%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | International Package | International Package segment ROA deteriorated from 2022 to 2023 and from 2023 to 2024. |
Segment Asset Turnover
United Parcel Service Inc., asset turnover by reportable segment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| U.S. Domestic Package | 1.56 | 1.57 | 1.69 | 1.69 | 1.53 |
| International Package | 0.98 | 1.01 | 1.11 | 1.13 | 1.01 |
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).
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | U.S. Domestic Package | U.S. Domestic Package segment asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
| International Package | International Package segment asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Segment Asset Turnover: U.S. Domestic Package
United Parcel Service Inc.; U.S. Domestic Package; segment 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 | 60,376) | 60,205) | 64,611) | 60,317) | 53,499) |
| Assets | 38,657) | 38,368) | 38,303) | 35,746) | 35,067) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 1.56 | 1.57 | 1.69 | 1.69 | 1.53 |
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
Segment asset turnover = Revenue ÷ Assets
= 60,376 ÷ 38,657 = 1.56
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | U.S. Domestic Package | U.S. Domestic Package segment asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Segment Asset Turnover: International Package
United Parcel Service Inc.; International Package; segment 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 | 17,960) | 17,831) | 19,698) | 19,541) | 15,945) |
| Assets | 18,300) | 17,587) | 17,670) | 17,225) | 15,717) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 0.98 | 1.01 | 1.11 | 1.13 | 1.01 |
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
Segment asset turnover = Revenue ÷ Assets
= 17,960 ÷ 18,300 = 0.98
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | International Package | International Package segment asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Revenue
United Parcel Service Inc., revenue by reportable segment
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| U.S. Domestic Package | 60,376) | 60,205) | 64,611) | 60,317) | 53,499) |
| International Package | 17,960) | 17,831) | 19,698) | 19,541) | 15,945) |
| Total | 78,336) | 78,036) | 84,309) | 79,858) | 69,444) |
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).
Operating profit
United Parcel Service Inc., operating profit by reportable segment
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| U.S. Domestic Package | 4,345) | 5,156) | 7,151) | 6,436) | 3,891) |
| International Package | 3,191) | 3,231) | 4,326) | 4,646) | 3,436) |
| Total | 7,536) | 8,387) | 11,477) | 11,082) | 7,327) |
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).
Assets
United Parcel Service Inc., assets by reportable segment
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| U.S. Domestic Package | 38,657) | 38,368) | 38,303) | 35,746) | 35,067) |
| International Package | 18,300) | 17,587) | 17,670) | 17,225) | 15,717) |
| Total | 56,957) | 55,955) | 55,973) | 52,971) | 50,784) |
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).