United Parcel Service Inc (UPS)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 9,141,000 | 9,859,000 | 11,629,000 | 12,384,000 | 13,094,000 | 13,790,000 | 13,573,000 | 13,296,000 | 12,810,000 | 10,956,000 | 10,423,000 | 9,377,000 | 7,684,000 | 7,780,000 | 7,545,000 | 7,476,000 | 7,798,000 | 7,669,000 | 7,268,000 | 6,898,000 |
| 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 |
| Operating profit margin | 10.14% | 10.67% | 12.18% | 12.61% | 13.13% | 13.81% | 13.71% | 13.59% | 13.27% | 11.60% | 11.27% | 10.48% | 9.08% | 9.69% | 9.75% | 9.97% | 10.52% | 10.45% | 10.02% | 9.59% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $9,141,000K ÷ $90,120,000K
= 10.14%
The operating profit margin of United Parcel Service, Inc. over the past eight quarters has shown a slightly declining trend, starting at 13.05% in Q4 2022 and gradually decreasing to 10.05% in Q4 2023. This indicates a potential decrease in efficiency in generating profit from operations over this period. Despite some fluctuations, the company's operating profit margin has generally remained above 10%, which suggests that UPS has been able to maintain a reasonable level of profitability relative to its operating costs. It would be essential to further investigate the underlying factors contributing to the fluctuations in the operating profit margin to assess the company's overall financial performance and operational efficiency accurately.
See also:
United Parcel Service Inc Operating Profit Margin (Quarterly Data)