United Parcel Service Inc (UPS)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 5,782,000 | 6,708,000 | 11,548,000 | 12,890,000 | 1,343,000 |
Revenue | US$ in thousands | 91,070,000 | 90,958,000 | 100,338,000 | 97,287,000 | 84,628,000 |
Net profit margin | 6.35% | 7.37% | 11.51% | 13.25% | 1.59% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $5,782,000K ÷ $91,070,000K
= 6.35%
The net profit margin of United Parcel Service Inc has shown variability over the past five years. Starting at 1.59% on December 31, 2020, it saw a significant increase to 13.25% by December 31, 2021, indicating improved profitability. However, there was a slight decline to 11.51% by December 31, 2022, followed by a more pronounced decrease to 7.37% by December 31, 2023. The trend continued with a further reduction to 6.35% by December 31, 2024.
Overall, the net profit margin has been somewhat volatile, with periods of both growth and decline. This may suggest fluctuating levels of efficiency and profitability within the company's operations over the years. Further analysis into the factors influencing these fluctuations would be necessary to gain a comprehensive understanding of United Parcel Service Inc's financial performance.