United Parcel Service Inc (UPS)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 16,319,000 | 15,878,000 | 16,587,000 | 15,591,000 | 14,561,000 | 12,937,000 | 11,629,000 | 12,384,000 | 13,094,000 | 13,790,000 | 15,384,000 | 15,107,000 | 14,621,000 | 12,897,000 | 10,553,000 | 9,507,000 | 7,814,000 | 7,780,000 | 7,545,000 | 7,476,000 |
| Revenue (ttm) | US$ in thousands | 90,982,000 | 90,598,000 | 89,414,000 | 89,698,000 | 90,958,000 | 93,074,000 | 96,174,000 | 98,885,000 | 100,338,000 | 101,076,000 | 100,099,000 | 98,757,000 | 97,287,000 | 94,412,000 | 92,466,000 | 89,501,000 | 84,628,000 | 80,300,000 | 77,380,000 | 74,969,000 |
| Gross profit margin | 17.94% | 17.53% | 18.55% | 17.38% | 16.01% | 13.90% | 12.09% | 12.52% | 13.05% | 13.64% | 15.37% | 15.30% | 15.03% | 13.66% | 11.41% | 10.62% | 9.23% | 9.69% | 9.75% | 9.97% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $16,319,000K ÷ $90,982,000K
= 17.94%
The gross profit margin of United Parcel Service Inc has shown fluctuations over the past few years based on the provided data. The trend indicates an overall improvement in the company's ability to generate profit from its revenue.
From March 31, 2020, to December 31, 2021, the gross profit margin remained relatively stable, hovering between 9.23% and 15.03%. However, starting from March 31, 2022, there was a noticeable upward trend in the gross profit margin, reaching a peak of 18.55% on June 30, 2024.
It is worth noting that there were some fluctuations in the gross profit margin values throughout the period, with occasional decreases from the peak values. For example, there was a decrease from 18.55% on June 30, 2024, to 17.53% on September 30, 2024.
Overall, the increasing trend in the gross profit margin indicates that United Parcel Service Inc has been effectively managing its cost of goods sold and improving its operational efficiency to generate a higher percentage of revenue as gross profit. This is a positive sign of the company's financial health and ability to generate profits from its core operations.
See also:
United Parcel Service Inc Gross Profit Margin (Quarterly Data)