United Parcel Service Inc (UPS)
Return on assets (ROA)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 5,782,000 | 5,666,000 | 5,254,000 | 5,926,000 | 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 | 6,534,000 | 6,162,000 | 5,254,000 | 1,427,000 | 4,584,000 | 4,377,000 | 4,294,000 |
Total assets | US$ in thousands | 70,070,000 | 68,263,000 | 69,418,000 | 67,628,000 | 70,857,000 | 70,281,000 | 70,347,000 | 72,189,000 | 71,124,000 | 69,544,000 | 70,089,000 | 70,113,000 | 69,405,000 | 65,739,000 | 64,869,000 | 63,312,000 | 62,492,000 | 62,406,000 | 62,057,000 | 60,895,000 |
ROA | 8.25% | 8.30% | 7.57% | 8.76% | 9.47% | 12.17% | 14.23% | 14.93% | 16.24% | 16.09% | 15.60% | 15.35% | 18.57% | 9.94% | 9.50% | 8.30% | 2.28% | 7.35% | 7.05% | 7.05% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $5,782,000K ÷ $70,070,000K
= 8.25%
United Parcel Service Inc's return on assets (ROA) has shown fluctuations over the past few years. From March 31, 2020, to December 31, 2021, the ROA remained relatively stable, ranging from 2.28% to 18.57%. This indicates varying levels of efficiency in generating profits from its assets during this period.
Subsequently, there was a noticeable improvement in the ROA, reaching a peak of 16.24% by December 31, 2022. However, the ROA started to decline in the following quarters, dropping to 9.47% by December 31, 2023.
In the most recent periods, the ROA continued to decrease further, standing at 8.25% by December 31, 2024. This decline suggests potential challenges in maintaining or improving the company's profitability relative to its asset base. Overall, United Parcel Service Inc's ROA trend indicates the need for ongoing monitoring and strategic management of the company's asset utilization efficiency.
See also:
United Parcel Service Inc Return on Assets (ROA) (Quarterly Data)