United Parcel Service Inc (UPS)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 6,708,000 | 8,556,000 | 10,013,000 | 10,781,000 | 11,548,000 | 11,188,000 | 10,933,000 | 10,760,000 | 12,890,000 | 6,450,000 | 6,078,000 | 5,170,000 | 1,343,000 | 4,584,000 | 4,377,000 | 4,294,000 | 4,440,000 | 4,999,000 | 4,757,000 | 4,557,000 |
| 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 |
| Net profit margin | 7.44% | 9.26% | 10.48% | 10.97% | 11.58% | 11.21% | 11.04% | 11.00% | 13.35% | 6.83% | 6.57% | 5.78% | 1.59% | 5.71% | 5.66% | 5.73% | 5.99% | 6.81% | 6.56% | 6.34% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $6,708,000K ÷ $90,120,000K
= 7.44%
United Parcel Service, Inc.'s net profit margin has shown a slight fluctuation over the past eight quarters. In Q4 2023, the net profit margin stood at 7.37%, marking a decline from the previous quarter's 9.19%. This decrease follows a pattern of gradual reduction in net profit margin since Q1 2023, where it reached 10.90%. Comparing to the same quarter the previous year, there has been a noticeable decrease from 11.51% in Q4 2022 to 7.37% in Q4 2023. Despite these fluctuations, the net profit margin has generally remained above 10% over the evaluated period, indicating a consistent ability to generate profits relative to revenue. Further analysis and consideration of factors impacting profitability would be necessary to fully assess the financial performance of United Parcel Services, Inc.
See also:
United Parcel Service Inc Net Profit Margin (Quarterly Data)