United Parcel Service, Inc. — UPS
| Close Price | Market Cap | P/E Ratio | Forward P/E Ratio | Implied Growth* | Implied Forward Growth* | Dividend | P/B Ratio |
|---|---|---|---|---|---|---|---|
| $95.95 | $81.40B | 14.8 | 10.9 | 8.1% | 5.0% | $6.56 6.8% | 5.1 |
Revenue & Net Income
| Date | Revenue | Net Income | EPS | Revenue Change | Net Income Change | EPS Change | |
|---|---|---|---|---|---|---|---|
| 0 | 2020-12-31 | $84.6B | $1.3B | $1.65 | N/A | N/A | N/A |
| 1 | 2021-12-31 | $97.3B | $12.9B | $14.75 | 15.0% | 859.8% | 793.9% |
| 2 | 2022-12-31 | $100.3B | $11.5B | $13.26 | 3.1% | -10.4% | -10.1% |
| 3 | 2023-12-31 | $91.0B | $6.7B | $7.81 | -9.3% | -41.9% | -41.1% |
| 4 | 2024-12-31 | $91.1B | $5.8B | $6.76 | 0.1% | -13.8% | -13.4% |
| 5 | TTM 2025-03-31 | $90.9B | $5.9B | $6.85 | -0.2% | 1.3% | 1.3% |
| 6 | Average | 1.7% | 159.0% | 146.1% |
EPS
Forecasts
Y/Y % Change
UPS Year-over-Year Growth
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Average | |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth (%) | 15.0% | 3.1% | -9.3% | 0.1% | -3.5% | 0.6% | 1.0% | |
| Revenue Analysts (#) | 0 | 0 | 0 | 0 | 0 | 8 | 8 | |
| EPS Growth (%) | 859.8% | -10.4% | -41.9% | -13.8% | 0.2% | 7.2% | 133.5% | |
| EPS Analysts (#) | 0 | 0 | 0 | 0 | 0 | 10 | 10 |
Expenses
| Year | Revenue ($) | Cost of Revenue ($) | Facilities / D&A ($) |
|---|---|---|---|
| 2021 | $97.3B | $74.1B | $3.0B |
| 2022 | $100.3B | $76.1B | $3.2B |
| 2023 | $91.0B | $70.4B | $3.4B |
| 2024 | $91.1B | $71.1B | $3.6B |
| TTM | $90.3B | $70.2B | $3.7B |
| Year | Revenue Change (%) | Cost of Revenue Change (%) | Facilities / D&A Change (%) |
|---|---|---|---|
| 2022 | 3.14 | 2.81 | 7.96 |
| 2023 | -9.35 | -7.59 | 5.58 |
| 2024 | 0.12 | 1.07 | 7.22 |
| TTM | -0.83 | -1.26 | 1.75 |
No unmapped expenses.
Segment Performance
SEGMENTS v2025-09-09 · 2025-11-10 08:30 UTC — Units: $B. Rows list fiscal years (last 3 + TTM) with revenue and operating income for each segment; the final row shows the TTM revenue mix (operating income columns display “—” where mix is not applicable).
| Year | Ground Rev | Ground OI | Export Rev | Export OI | Next Day Air Rev | Next Day Air OI | Logistic Rev | Logistic OI | Deferred Rev | Deferred OI | Domestic Rev | Domestic OI | Forwarding Rev | Forwarding OI | Product And Service Other Rev | Product And Service Other OI | Cargo Rev | Cargo OI | Cargo And Other Rev | Cargo And Other OI | Total Rev | Total OI |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 47.5B | 0.00B | 15.3B | 0.00B | 10.7B | 0.00B | 5.35B | 0.00B | 5.97B | 0.00B | 3.35B | 0.00B | 8.94B | 0.00B | 1.74B | 0.00B | 1.01B | 0.00B | 0.40B | 0.00B | 100.3B | 0.00B |
| 2023 | 45B | 0.00B | 14B | 0.00B | 9.89B | 0.00B | 5.93B | 0.00B | 5.09B | 0.00B | 3.14B | 0.00B | 5.53B | 0.00B | 1.46B | 0.00B | 0.68B | 0.00B | 0.25B | 0.00B | 91B | 0.00B |
| 2024 | 45.3B | 0.00B | 14.1B | 0.00B | 9.70B | 0.00B | 6.44B | 0.00B | 4.76B | 0.00B | 3.19B | 0.00B | 4.73B | 0.00B | 1.57B | 0.00B | 0.63B | 0.00B | 0.57B | 0.00B | 91.1B | 0.00B |
| TTM | 44.2B | 0.00B | 14.6B | 0.00B | 9.70B | 0.00B | 6.02B | 0.00B | 4.39B | 0.00B | 3.41B | 0.00B | 2.44B | 0.00B | 1.78B | 0.00B | 1.50B | 0.00B | 0.57B | 0.00B | 88.7B | 0.00B |
| % of Total (TTM) | 49.9% | — | 16.5% | — | 10.9% | — | 6.8% | — | 5.0% | — | 3.8% | — | 2.7% | — | 2.0% | — | 1.7% | — | 0.6% | — | 100% | — |
SEGMENTS v2025-09-09 · 2025-11-10 08:30 UTC — Units: $B. Rows list fiscal years (last 3 + TTM) with revenue and operating income for each segment; the final row shows the TTM revenue mix (operating income columns display “—” where mix is not applicable).
| Year | U. S. Domestic Package Rev | U. S. Domestic Package OI | U S Domestic Package Rev | U S Domestic Package OI | International Rev | International OI | International Package Rev | International Package OI | Supply Chain Solutions Rev | Supply Chain Solutions OI | Total Rev | Total OI |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 64.6B | 0.00B | 64.6B | 0.00B | 19.7B | 0.00B | 19.7B | 0.00B | 16B | 0.00B | 184.6B | 0.00B |
| 2023 | 60.2B | 0.00B | 60.2B | 0.00B | 17.8B | 0.00B | 17.8B | 0.00B | 12.9B | 0.00B | 169B | 0.00B |
| 2024 | 60.4B | 0.00B | 60.4B | 0.00B | 18B | 0.00B | 18B | 0.00B | 12.7B | 0.00B | 169.4B | 0.00B |
| TTM | 59.7B | -0.41B | 59.7B | 0.00B | 18.7B | -0.30B | 18.7B | 0.00B | 10.2B | 0.00B | 167.1B | -0.71B |
| % of Total (TTM) | 35.7% | — | 35.7% | — | 11.2% | — | 11.2% | — | 6.1% | — | 100% | — |
Balance Sheet
| Metric | Value | |
|---|---|---|
| 0 | Total Assets | $70,923M |
| 1 | Cash | $6,194M |
| 2 | Total Liabilities | $55,146M |
| 3 | Total Debt | $28,909M |
| 4 | Total Equity | $15,750M |
| 5 | Debt to Equity Ratio | 1.84 |
EPS & Dividend
Valuation
| Share Price | Treasury Yield | Estimates | Fair Value (P/E) | Fair Value (P/S) | Current P/S | Current P/E |
|---|---|---|---|---|---|---|
| $99.27 | 4.4% | Nicks Growth: 5% Nick's Expected Margin: 8% FINVIZ Growth: 4% |
Nicks: 11 Finviz: 9 |
Nick's: 0.851 | 0.9 | 14.5 |
| Basis | Year | Nicks Valuation | Nicks vs Share Price | Finviz Valuation | Finviz vs Share Price |
|---|---|---|---|---|---|
| $6.85 EPS | TTM | $72.90 | -26.6% | $63.63 | -35.9% |
| $7.08 EPS | 2025 | $75.35 | -24.1% | $65.76 | -33.8% |
| $8.06 EPS | 2026 | $85.78 | -13.6% | $74.87 | -24.6% |
Implied Growth
| Average | Median | Std Dev | Current | Percentile | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | |
| Timeframe | ||||||||||
| 1 Year | 7.18% | 4.45% | 6.86% | 4.12% | 0.83% | 0.86% | 8.11% | 4.95% | 74.1% | 73.1% |
| 3 Years | 7.18% | 4.45% | 6.86% | 4.12% | 0.83% | 0.86% | 8.11% | 4.95% | 74.1% | 73.1% |
| 5 Years | 7.18% | 4.45% | 6.86% | 4.12% | 0.83% | 0.86% | 8.11% | 4.95% | 74.1% | 73.1% |
| 10 Years | 7.18% | 4.45% | 6.86% | 4.12% | 0.83% | 0.86% | 8.11% | 4.95% | 74.1% | 73.1% |