UPS
United Parcel Service Inc
NYSE: UPS · INDUSTRIALS · INTEGRATED FREIGHT & LOGISTICS
$106.61
+2.57% today
Updated 2026-04-29
Market cap
$90.58B
P/E ratio
17.25
P/S ratio
1.03x
EPS (TTM)
$6.18
Dividend yield
4.73%
52W range
$79 – $121
Volume
6.1M
United Parcel Service Inc (UPS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $47.55B | $49.69B | $51.49B | $45.12B | $49.45B | $53.21B | $54.13B | $55.44B | $58.23B | $58.36B | $60.91B | $65.87B | $71.91B | $73.92B | $84.43B | $97.20B | $100.03B | $90.75B | $90.89B | $88.64B |
| Revenue growth (YoY) | — | +4.5% | +3.6% | -12.4% | +9.6% | +7.6% | +1.7% | +2.4% | +5.0% | +0.2% | +4.4% | +8.2% | +9.2% | +2.8% | +14.2% | +15.1% | +2.9% | -9.3% | +0.2% | -2.5% |
| Cost of revenue | $36.41B | $44.37B | $40.75B | $37.19B | $39.70B | $42.05B | $33.10B | $28.56B | $32.05B | $31.03B | $55.44B | $58.34B | $57.74B | $57.82B | $62.65B | $79.77B | $79.95B | $73.04B | $73.84B | $72.21B |
| Gross profit | $11.13B | $5.33B | $10.73B | $7.93B | $9.75B | $11.16B | $21.02B | $26.88B | $26.19B | $27.34B | $5.47B | $7.53B | $14.17B | $16.09B | $21.78B | $17.43B | $20.08B | $17.71B | $17.06B | $16.42B |
| Gross margin | 23.4% | 10.7% | 20.8% | 17.6% | 19.7% | 21.0% | 38.8% | 48.5% | 45.0% | 46.8% | 9.0% | 11.4% | 19.7% | 21.8% | 25.8% | 17.9% | 20.1% | 19.5% | 18.8% | 18.5% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $24.42B | $37.34B | $32.41B | $30.93B | $31.14B | $27.57B | $37.35B | $32.83B | $36.58B | $35.66B | $39.39B | $39.63B | $42.70B | $44.83B | $52.13B | $46.71B | $56.05B | $51.94B | $53.15B | $53.98B |
| Operating income | $6.65B | $873.00M | $5.95B | $3.86B | $5.74B | $6.14B | $1.34B | $7.03B | $4.97B | $7.67B | $5.47B | $7.53B | $7.07B | $7.88B | $7.84B | $13.11B | $12.97B | $9.37B | $8.69B | $8.47B |
| Operating margin | 14.0% | 1.8% | 11.6% | 8.6% | 11.6% | 11.5% | 2.5% | 12.7% | 8.5% | 13.1% | 9.0% | 11.4% | 9.8% | 10.7% | 9.3% | 13.5% | 13.0% | 10.3% | 9.6% | 9.6% |
| EBITDA | $8.47B | $2.42B | $7.27B | $5.61B | $7.76B | $8.21B | $3.20B | $8.90B | $6.89B | $9.75B | $7.69B | $9.81B | $8.80B | $8.64B | $5.23B | $20.23B | $18.71B | $12.71B | $11.91B | $12.22B |
| EBITDA margin | 17.8% | 4.9% | 14.1% | 12.4% | 15.7% | 15.4% | 5.9% | 16.1% | 11.8% | 16.7% | 12.6% | 14.9% | 12.2% | 11.7% | 6.2% | 20.8% | 18.7% | 14.0% | 13.1% | 13.8% |
| EBIT | $6.72B | $677.00M | $5.46B | $3.86B | $5.97B | $6.43B | $1.34B | $7.03B | $4.97B | $7.67B | $5.47B | $7.53B | $6.59B | $6.28B | $2.53B | $17.28B | $15.52B | $9.35B | $8.30B | $8.47B |
| Interest expense | $211.00M | $246.00M | $442.00M | $494.00M | $443.00M | $654.00M | $393.00M | $380.00M | $353.00M | $341.00M | $381.00M | $453.00M | $572.00M | $629.00M | $684.00M | $683.00M | $694.00M | $775.00M | $861.00M | $1.01B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $4.20B | $382.00M | $3.00B | $2.15B | $3.49B | $3.80B | $807.00M | $4.37B | $3.03B | $4.84B | $3.43B | $4.91B | $4.79B | $4.44B | $1.34B | $12.89B | $11.55B | $6.71B | $5.78B | $5.57B |
| Net income growth (YoY) | — | -90.9% | +686.1% | -28.3% | +62.1% | +9.1% | -78.8% | +441.8% | -30.6% | +59.8% | -29.2% | +43.1% | -2.4% | -7.3% | -69.8% | +859.8% | -10.4% | -41.9% | -13.8% | -3.6% |
| Profit margin | 8.8% | 0.8% | 5.8% | 4.8% | 7.1% | 7.1% | 1.5% | 7.9% | 5.2% | 8.3% | 5.6% | 7.5% | 6.7% | 6.0% | 1.6% | 13.3% | 11.5% | 7.4% | 6.4% | 6.3% |