United Parcel Service Inc (UPS)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 7,442,000 | 7,378,000 | 6,736,000 | 7,587,000 | 8,573,000 | 10,977,000 | 12,978,000 | 13,955,000 | 14,825,000 | 14,320,000 | 14,044,000 | 13,783,000 | 16,595,000 | 8,475,000 | 8,007,000 | 6,928,000 | 1,974,000 | 5,934,000 | 5,615,000 | 5,462,000 |
| 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 |
| Pretax margin | 8.18% | 8.14% | 7.53% | 8.46% | 9.43% | 11.79% | 13.49% | 14.11% | 14.78% | 14.17% | 14.03% | 13.96% | 17.06% | 8.98% | 8.66% | 7.74% | 2.33% | 7.39% | 7.26% | 7.29% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $7,442,000K ÷ $90,982,000K
= 8.18%
The pretax margin of United Parcel Service Inc has shown some fluctuations over the period from March 31, 2020, to December 31, 2024.
In the first few quarters, the pretax margin remained relatively stable, ranging from 7.29% to 7.74% by March 31, 2021. However, there was a significant drop to 2.33% by December 31, 2020, indicating a decrease in profitability.
The company's pretax margin started to improve from June 30, 2021, reaching a peak of 17.06% by December 31, 2021, which suggests a strong performance in terms of profitability. This upward trend continued until September 30, 2022, with a gradual increase in the pretax margin.
From March 31, 2023, to September 30, 2024, the pretax margin started to decline, dropping from 14.11% to 8.14% by September 30, 2024. However, by the end of December 31, 2024, the pretax margin slightly improved to 8.18%.
Overall, the pretax margin of United Parcel Service Inc has demonstrated both periods of growth and decline, indicating fluctuations in the company's profitability over the analyzed period.