UPS

United Parcel Service
D

UPS

Arincen47/100B

United Parcel Service income statement 1998–2026

91.37B USD over the last twelve months, and 88.66B USD in fiscal year 2025.

Revenue Operating income Net income

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Fiscal year
TTM
30 Sept 2026
FY2025
31 Dec 2025
FY2024
31 Dec 2024
FY2023
31 Dec 2023
FY2022
31 Dec 2022
FY2021
31 Dec 2021
FY2020
31 Dec 2020
FY2019
31 Dec 2019
FY2018
31 Dec 2018
FY2017
31 Dec 2017
FY2016
31 Dec 2016
Revenue
91.37B88.66B90.89B90.75B100.03B97.20B84.43B73.92B71.91B66.55B60.50B
Revenue growth
+2.17%-2.46%+0.16%-9.29%+2.91%+15.13%+14.23%+2.79%+8.06%+10.00%+4.22%
Cost of revenue
74.98B72.63B73.84B73.04B79.95B79.77B62.65B57.82B57.75B53.20B48.17B
Gross profit
16.39B16.03B17.06B17.71B20.08B17.43B21.78B16.09B14.17B13.35B12.34B
Gross margin
17.93%18.08%18.77%19.51%20.07%17.93%25.80%21.77%19.70%20.06%20.39%
Selling, general and administrative
—0.008.68B8.34B7.11B4.33B13.95B8.22B7.09B5.86B7.27B
Operating expenses
9.87B8.16B8.37B8.34B7.11B4.33B13.95B8.22B7.09B5.86B7.27B
6.52B7.87B8.69B9.37B12.97B13.11B7.84B7.88B7.07B7.49B5.07B
Operating income growth
-21.29%-9.42%-7.32%-27.74%-1.06%+67.27%-0.51%+11.34%-5.60%+47.78%-30.96%
Operating margin
7.13%8.87%9.56%10.33%12.96%13.48%9.28%10.66%9.84%11.26%8.38%
Interest income
—————————8.00M219.00M
Interest expense
—1.01B861.00M775.00M694.00M683.00M684.00M629.00M572.00M417.00M347.00M
Other non-operating income
-688.00M-703.00M-1.24B-798.00M1.86B3.49B-5.99B-2.22B-1.06B-357.00M65.00M
Pretax income
5.83B7.16B7.44B8.57B14.83B16.60B1.84B5.65B6.02B7.14B5.14B
Income tax
1.41B1.59B1.66B1.87B3.28B3.71B501.00M1.21B1.23B2.23B1.71B
Effective tax rate
24.12%22.22%22.31%21.75%22.10%22.33%27.17%21.44%20.40%31.27%33.20%
4.42B5.57B5.78B6.71B11.55B12.89B1.34B4.44B4.79B4.91B3.43B
Net income growth
-19.63%-3.63%-13.80%-41.91%-10.41%+859.79%-69.75%-7.33%-2.32%+42.96%-29.17%
Net margin
4.84%6.28%6.36%7.39%11.54%13.26%1.59%6.01%6.66%7.37%5.67%
Basic shares
850.00M849.00M855.00M859.00M871.00M874.00M867.00M864.00M866.00M871.00M883.00M
Diluted shares
851.50M850.00M856.00M860.00M871.00M878.00M871.00M869.00M870.00M875.00M887.00M
Change in diluted shares
+0.09%-0.70%-0.47%-1.26%-0.80%+0.80%+0.23%-0.11%-0.57%-1.35%-2.10%
EPS (basic)
5.216.566.767.8113.2614.751.555.145.535.633.89
EPS (diluted)
5.206.566.767.8013.2014.681.545.115.515.613.87
EPS growth
-19.75%-2.96%-13.33%-40.91%-10.08%+853.25%-69.86%-7.26%-1.78%+44.96%-27.66%
Dividends per share
6.566.566.526.486.084.084.043.843.643.323.12
Dividend growth
+0.15%+0.61%+0.62%+6.58%+49.02%+0.99%+5.21%+5.49%+9.64%+6.41%+6.85%
EBITDA
10.55B11.93B11.91B12.71B18.71B20.23B5.23B8.64B8.80B9.84B7.71B
EBITDA margin
11.54%13.45%13.11%14.01%18.70%20.81%6.19%11.69%12.23%14.78%12.74%
EBIT
6.65B8.18B8.30B9.35B15.52B17.28B2.53B6.28B6.59B7.55B5.48B

Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.

Common questions about United Parcel Service's income statement

Source: Financial Modeling Prep