United Parcel Service, Inc.
UPSFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
90,894
Cost of Revenue
73,836
Gross Profit
17,058
Gross Margin
18.8%
Operating Income
8,685
Operating Margin
9.6%
Net Income
5,782
Net Margin
6.4%
EPS (Basic)
$6.76
EPS (Diluted)
$6.76
EBITDA
11,912
EBITDA Margin
13.1%
2023
12/31/2023
Revenue
90,745
Cost of Revenue
73,039
Gross Profit
17,706
Gross Margin
19.5%
Operating Income
9,371
Operating Margin
10.3%
Net Income
6,708
Net Margin
7.4%
EPS (Basic)
$7.81
EPS (Diluted)
$7.80
EBITDA
12,714
EBITDA Margin
14.0%
2022
12/31/2022
Revenue
100,034
Cost of Revenue
79,954
Gross Profit
20,080
Gross Margin
20.1%
Operating Income
12,968
Operating Margin
13.0%
Net Income
11,548
Net Margin
11.5%
EPS (Basic)
$13.26
EPS (Diluted)
$13.20
EBITDA
18,707
EBITDA Margin
18.7%
2021
12/31/2021
Revenue
97,204
Cost of Revenue
79,772
Gross Profit
17,432
Gross Margin
17.9%
Operating Income
13,107
Operating Margin
13.5%
Net Income
12,890
Net Margin
13.3%
EPS (Basic)
$14.75
EPS (Diluted)
$14.68
EBITDA
20,231
EBITDA Margin
20.8%
2020
12/31/2020
Revenue
84,432
Cost of Revenue
62,649
Gross Profit
21,783
Gross Margin
25.8%
Operating Income
7,836
Operating Margin
9.3%
Net Income
1,343
Net Margin
1.6%
EPS (Basic)
$1.55
EPS (Diluted)
$1.54
EBITDA
5,226
EBITDA Margin
6.2%