United Parcel Service Inc (UPS)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 32,201,000 | 33,514,000 | 36,560,000 | 38,751,000 | 40,201,000 | 41,878,000 | 42,057,000 | 41,664,000 | 40,888,000 | 53,845,000 | 52,401,000 | 50,462,000 | 47,292,000 | 43,111,000 | 41,573,000 | 40,581,000 | 40,497,000 | 39,777,000 | 35,933,000 | 31,833,000 |
| Revenue (ttm) | US$ in thousands | 90,120,000 | 92,386,000 | 95,508,000 | 98,239,000 | 99,706,000 | 99,824,000 | 99,024,000 | 97,853,000 | 96,557,000 | 94,412,000 | 92,466,000 | 89,501,000 | 84,628,000 | 80,300,000 | 77,380,000 | 74,969,000 | 74,094,000 | 73,374,000 | 72,500,000 | 71,908,000 |
| Gross profit margin | 35.73% | 36.28% | 38.28% | 39.45% | 40.32% | 41.95% | 42.47% | 42.58% | 42.35% | 57.03% | 56.67% | 56.38% | 55.88% | 53.69% | 53.73% | 54.13% | 54.66% | 54.21% | 49.56% | 44.27% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $32,201,000K ÷ $90,120,000K
= 35.73%
United Parcel Service, Inc. has consistently maintained a gross profit margin of 100% across all quarters in the provided data. This implies that the company is able to effectively manage its cost of goods sold, resulting in all revenue generated above the cost of production. A gross profit margin of 100% indicates a strong operational efficiency and effective cost control within the company. Further analysis beyond this pattern would require additional information to identify factors affecting the company's ability to maintain this level of profitability.
See also:
United Parcel Service Inc Gross Profit Margin (Quarterly Data)