United Parcel Service Income Statement

UPS / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)

Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.

United Parcel Service reported $88.7B in revenue and $5.6B in net income for FY2025. Revenue has grown at a 4.9% compound annual rate over the past 14 years.

Based on SEC 10-K filings.

Key Data Points

High earnings quality (cash-backed earnings)
Strong return on equity: 34.8%

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenue	$88.7B	$91.1B	$91.0B	$100.3B	$97.3B	$84.6B	$74.1B	$71.9B	$15.3B	$60.9B	$58.4B	$58.2B	$55.4B	$54.1B	$45.3B
Operating Income	$7.9B	$8.5B	$9.1B	$13.1B	$12.8B	$7.7B	$7.8B	$7.0B	$7.5B	$7.7B	$7.7B	$5.0B	$7.0B	$1.3B	$3.5B
Interest Expense	-	-	$785.0M	$704.0M	$694.0M	$701.0M	$653.0M	$605.0M	$453.0M	$381.0M	$341.0M	$353.0M	$380.0M	$393.0M	$445.0M
Income Tax	$1.6B	$1.7B	$1.9B	$3.3B	$3.7B	$501.0M	$1.2B	$1.2B	$2.2B	$1.7B	$2.5B	$1.6B	$2.3B	$167.0M	$1.1B
Net Income	$5.6B	$5.8B	$6.7B	$11.5B	$12.9B	$1.3B	$4.4B	$4.8B	$4.9B	$3.4B	$4.8B	$3.0B	$4.4B	$807.0M	$2.0B
EPS (Basic)	$7.81	$13.26	$14.75	$1.55	$5.14	$5.53	$5.63	$3.88	$5.38	$3.31	$4.65	$0.84	$3.88	$3.36	$1.97
EPS (Diluted)	$7.80	$13.20	$14.68	$1.54	$5.11	$5.51	$5.61	$3.86	$5.35	$3.28	$4.61	$0.83	$3.84	$3.33	$1.96
Shares Outstanding	860.0M	875.0M	878.0M	871.0M	869.0M	870.0M	875.0M	887.0M	906.0M	924.0M	948.0M	969.0M	991.0M	1.0B	1.0B
Operating Margin	8.9%	9.3%	10.1%	13.1%	13.2%	9.1%	10.5%	9.8%	49.2%	12.6%	13.1%	8.5%	12.7%	2.5%	7.7%
Profit Margin	6.3%	6.3%	7.4%	11.5%	13.3%	1.6%	6.0%	6.7%	32.0%	5.6%	8.3%	5.2%	7.9%	1.5%	4.3%

Other Financial Statements

Balance Sheet Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

United Parcel Service Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Revenue

$88.7B

$91.1B

$91.0B

$100.3B

$97.3B

$84.6B

$74.1B

$71.9B

$15.3B

$60.9B

$58.4B

$58.2B

$55.4B

$54.1B

$45.3B

Operating Income

$7.9B

$8.5B

$9.1B

$13.1B

$12.8B

$7.7B

$7.8B

$7.0B

$7.5B

$7.7B

$5.0B

$7.0B

$1.3B

$3.5B

Interest Expense

$785.0M

$704.0M

$694.0M

$701.0M

$653.0M

$605.0M

$453.0M

$381.0M

$341.0M

$353.0M

$380.0M

$393.0M

$445.0M

Income Tax

$1.6B

$1.7B

$1.9B

$3.3B

$3.7B

$501.0M

$1.2B

$2.2B

$1.7B

$2.5B

$1.6B

$2.3B

$167.0M

$1.1B

Net Income

$5.6B

$5.8B

$6.7B

$11.5B

$12.9B

$1.3B

$4.4B

$4.8B

$4.9B

$3.4B

$4.8B

$3.0B

$4.4B

$807.0M

$2.0B

EPS (Basic)

$7.81

$13.26

$14.75

$1.55

$5.14

$5.53

$5.63

$3.88

$5.38

$3.31

$4.65

$0.84

$3.88

$3.36

$1.97

EPS (Diluted)

$7.80

$13.20

$14.68

$1.54

$5.11

$5.51

$5.61

$3.86

$5.35

$3.28

$4.61

$0.83

$3.84

$3.33

$1.96

Shares Outstanding

860.0M

875.0M

878.0M

871.0M

869.0M

870.0M

875.0M

887.0M

906.0M

924.0M

948.0M

969.0M

991.0M

1.0B

Operating Margin

8.9%

9.3%

10.1%

13.1%

13.2%

9.1%

10.5%

9.8%

49.2%

12.6%

13.1%

8.5%

12.7%

2.5%

7.7%

Profit Margin

6.3%

7.4%

11.5%

13.3%

1.6%

6.0%

6.7%

32.0%

5.6%

8.3%

5.2%

7.9%

1.5%

4.3%