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)