← UNITED PARCEL SERVICE INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $60.9b $65.9b $71.9b $74.1b $84.6b $97.3b $100.3b $91.0b $91.1b $88.7b
Operating expenses:
Total Operating Expenses $55.4b $58.3b $64.8b $66.3b $76.9b $84.5b $87.2b $81.8b $82.6b $80.8b
Operating Income (Loss) $5.5b $7.5b $7.0b $7.8b $7.7b $12.8b $13.1b $9.1b $8.5b $7.9b
Additional Financial Items
Amortization of Intangible Assets $321.0m $287.0m $339.0m $377.0m $416.0m $475.0m $525.0m $597.0m $648.0m $700.0m
Compensation and benefits $34.8b $34.6b $37.2b $38.9b $44.5b $46.7b $47.8b $47.1b $48.1b $48.6b
Depreciation and amortization $2.2b $2.3b $2.2b $2.4b $2.7b $3.0b $3.2b $3.4b $3.6b $3.7b
Foreign Currency Transaction Gain (Loss), before Tax $5.0m $3.0m ($19.0m) ($6.0m) $9.0m ($36.0m) $72.0m ($53.0m) ($38.0m) ($22.0m)
Fuel $2.1b $2.7b $3.4b $3.3b $2.6b $3.8b $6.0b $4.8b $4.4b $4.3b
Gain (Loss) Related to Litigation Settlement — — — — — — — — ($45.0m) —
Goodwill, Impairment Loss — — $0 $0 $494.0m — — $125.0m $0 —
Income (Loss) from Continuing Operations before Income Taxes, Domestic $4.3b $6.0b $4.3b $4.0b ($39.0m) $14.2b $12.3b $6.2b $5.8b $5.2b
Operating Profit $5.5b $7.5b $7.0b $7.8b $7.7b $12.8b $13.1b $9.1b $8.5b $7.9b
Other occupancy $1.0b $1.2b $1.4b $1.4b $1.5b $1.7b $1.8b $2.0b $2.1b $2.3b
Purchased transportation $9.1b $11.0b — $12.6b $15.6b $19.1b $17.7b $13.7b $13.6b $10.6b
Repairs and maintenance $1.5b $1.6b $15.1b $14.4b $18.0b $2.4b $2.5b $2.8b $2.9b $3.1b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $5.1b $7.1b $6.0b $5.7b $1.8b $16.6b $14.8b $8.6b $7.4b $7.2b
Investment Income, Net — — — — ($5.1b) $4.5b $2.4b $217.0m $236.0m $145.0m
Income Before Income Taxes $5.1b $7.1b $6.0b $5.7b $1.8b $16.6b $14.8b $8.6b $7.4b $7.2b
Net Income (Loss) Attributable to Parent $3.4b $4.9b $4.8b $4.4b $1.3b $12.9b $11.5b $6.7b $5.8b $5.6b
Earnings Per Share, Basic $3.89 $5.64 $5.53 $5.14 $1.55 $14.75 $13.26 $7.81 $6.76 $6.56
Earnings Per Share, Diluted $3.87 $5.61 $5.51 $5.11 $1.54 $14.68 $13.20 $7.80 $6.75 $6.56
Weighted Average Number of Shares Outstanding, Basic 883.0m 871.0m 866.0m 864.0m 867.0m 874.0m 871.0m 859.0m 855.0m 849.0m
Weighted Average Number of Shares Outstanding, Diluted 887.0m 875.0m 870.0m 869.0m 871.0m 878.0m 875.0m 860.0m 856.0m 850.0m
Current Income Tax Expense (Benefit) $1.6b $1.0b $470.0m $1.1b $1.4b $2.1b $2.7b $1.7b $1.7b $1.6b
Fuel Costs $2.1b $2.7b $3.4b $3.3b $2.6b $3.8b $6.0b $4.8b $4.4b $4.3b
Income Tax Expense $1.7b $2.2b $1.2b $1.2b $501.0m $3.7b $3.3b $1.9b $1.7b $1.6b
Interest Expense $381.0m $453.0m $605.0m $653.0m $701.0m $694.0m $704.0m $785.0m ($866.0m) ($1.0b)
Interest Expense (non-operating) — — — — — — — — $866.0m $1.0b
Investment income (expense) and other $50.0m $72.0m ($400.0m) ($1.5b) ($5.1b) $4.5b $2.4b $217.0m ($160.0m) $314.0m
Labor and Related Expense $34.8b $34.6b $37.2b $38.9b $44.5b $46.7b $47.8b $47.1b $48.1b $48.6b
Other Cost and Expense, Operating $4.6b $5.0b $5.5b $5.9b $7.6b $7.8b $8.3b $8.1b $7.9b $8.2b
Other Expenses $4.6b $5.0b $98.0m $5.9b $7.6b $7.8b $8.3b $8.1b $7.9b $8.2b
Restructuring Costs — — $360.0m $255.0m $348.0m $380.0m $178.0m $435.0m $322.0m $593.0m
Income Tax Expense (Benefit) $1.7b $2.2b $1.2b $1.2b $501.0m $3.7b $3.3b $1.9b $1.7b $1.6b
Other Operating Income (Expense), Net — ($11.0m) — — — — — — — —
Total Other Income and (Expense) ($331.0m) ($381.0m) ($1.0b) ($2.1b) ($5.8b) $3.8b $1.7b ($568.0m) ($1.0b) ($703.0m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.