United Parcel Service, Inc. (UPS) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 21.2B | 24.5B | 21.41B | 21.22B | 21.55B | 25.24B | 22.21B | 21.77B | 21.66B | 24.86B | 21.02B | 22B |
| Revenue Growth % | -1.6% | -2.96% | -3.6% | -2.53% | -0.55% | 1.52% | 5.69% | -1.06% | -5.21% | -7.68% | -12.66% | -10.91% |
| Cost of Goods Sold | 17.6B | 19.33B | 17.93B | 17.44B | 17.87B | 19.99B | 18.42B | 18B | 18.09B | 19.94B | 17.67B | 17.32B |
| COGS % of Revenue | 83.03% | 78.92% | 83.72% | 82.19% | 82.92% | 79.19% | 82.93% | 82.66% | 83.52% | 80.19% | 84.08% | 78.71% |
| Gross Profit | 3.6B | 5.16B | 3.49B | 3.78B | 3.68B | 5.25B | 3.79B | 3.78B | 3.57B | 4.92B | 3.35B | 4.68B |
| Gross Margin % | 16.97% | 21.08% | 16.28% | 17.81% | 17.08% | 20.81% | 17.07% | 17.34% | 16.48% | 19.81% | 15.92% | 21.29% |
| Gross Profit Growth % | -2.2% | -1.71% | -8.07% | 0.11% | 3.05% | 6.68% | 13.33% | -19.4% | -19.91% | -11.48% | -33.52% | -14.15% |
| Operating Expenses | 2.33B | 2.43B | 1.68B | 1.96B | 2.01B | 2.27B | 1.68B | 1.85B | 1.86B | 2.3B | 1.89B | 1.82B |
| OpEx % of Revenue | 11% | 9.93% | 7.85% | 9.23% | 9.35% | 8.98% | 7.58% | 8.48% | 8.61% | 9.24% | 8.99% | 8.26% |
| Selling, General & Admin | 0 | 2.54B | 0 | 0 | 0 | 2.27B | 1.76B | 1.91B | 1.94B | 2.3B | 1.89B | 1.82B |
| SG&A % of Revenue | - | 10.35% | - | - | - | 8.98% | 7.91% | 8.77% | 8.95% | 9.24% | 8.99% | 8.26% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | -1000K | 1000K | 1000K | 1000K | 0 | -1000K | -1000K | -1000K | 0 | 0 | 0 |
| Operating Income | 1.27B | 2.73B | 1.8B | 1.82B | 1.67B | 2.99B | 2.11B | 1.93B | 1.71B | 2.63B | 1.46B | 2.87B |
| Operating Margin % | 5.98% | 11.15% | 8.42% | 8.59% | 7.73% | 11.83% | 9.49% | 8.86% | 7.87% | 10.57% | 6.93% | 13.03% |
| Operating Income Growth % | -23.95% | -8.51% | -14.46% | -5.55% | -2.34% | 13.62% | 44.75% | -32.74% | -31.1% | -16.28% | -52.31% | -18.27% |
| EBITDA | 1.27B | 3.7B | 2.73B | 2.76B | 2.58B | 3.9B | 3.01B | 2.82B | 2.6B | 3.5B | 2.29B | 3.7B |
| EBITDA Margin % | 5.98% | 15.12% | 12.75% | 13% | 11.97% | 15.47% | 13.57% | 12.93% | 12.02% | 14.06% | 10.91% | 16.8% |
| EBITDA Growth % | -50.85% | -5.15% | -9.42% | -2.06% | -1% | 11.73% | 31.39% | -23.81% | -21.33% | -13.21% | -40.09% | -13.46% |
| D&A (Non-Cash Add-back) | 0 | 972M | 926M | 936M | 912M | 919M | 905M | 887M | 898M | 867M | 837M | 828M |
| EBIT | 1.27B | 2.73B | 1.9B | 1.9B | 1.74B | 2.35B | 2.14B | 2.08B | 1.73B | 2.27B | 1.46B | 2.91B |
| Net Interest Income | -266M | -266M | -290M | -236M | -221M | -228M | -70M | -74M | -71M | -206M | -65M | -57M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 159M | 136M | 123M | 0 | 128M | 132M |
| Interest Expense | 266M | 266M | 290M | 236M | 221M | 228M | 229M | 210M | 194M | 206M | 193M | 189M |
| Other Income/Expense | -143M | -360M | -197M | -160M | -143M | -859M | -199M | -60M | -170M | -565M | -189M | -148M |
| Pretax Income | 1.12B | 2.37B | 1.61B | 1.66B | 1.52B | 2.13B | 1.91B | 1.87B | 1.54B | 2.06B | 1.27B | 2.72B |
| Pretax Margin % | 5.3% | 9.68% | 7.5% | 7.83% | 7.07% | 8.43% | 8.6% | 8.58% | 7.09% | 8.3% | 6.03% | 12.36% |
| Income Tax | 260M | 581M | 296M | 379M | 336M | 406M | 371M | 460M | 423M | 458M | 141M | 639M |
| Effective Tax Rate % | 23.13% | 24.49% | 18.42% | 22.8% | 22.06% | 19.09% | 19.42% | 24.61% | 27.54% | 22.2% | 11.12% | 23.49% |
| Net Income | 864M | 1.79B | 1.31B | 1.28B | 1.19B | 1.72B | 1.54B | 1.41B | 1.11B | 1.6B | 1.13B | 2.08B |
| Net Margin % | 4.08% | 7.31% | 6.12% | 6.05% | 5.51% | 6.82% | 6.93% | 6.47% | 5.14% | 6.46% | 5.36% | 9.46% |
| Net Income Growth % | -27.21% | 4.07% | -14.81% | -8.94% | 6.65% | 7.23% | 36.56% | -32.29% | -41.27% | -53.52% | -56.39% | -26.96% |
| Net Income (Continuing) | 864M | 1.79B | 1.31B | 1.28B | 1.19B | 1.72B | 1.54B | 1.41B | 1.11B | 1.6B | 1.13B | 2.08B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 28M | 28M | 25M | 27M | 24M | 25M | 27M | 23M | 24M | 8M | 12M | 18M |
| EPS (Diluted) | 1.02 | 2.10 | 1.55 | 1.51 | 1.40 | 2.02 | 1.80 | 1.64 | 1.30 | 1.87 | 1.31 | 2.42 |
| EPS Growth % | -27.14% | 3.96% | -13.89% | -7.93% | 7.69% | 7.99% | 37.04% | -32.15% | -40.66% | -52.82% | -55.67% | -25.63% |
| EPS (Basic) | 1.02 | 2.11 | 1.55 | 1.51 | 1.40 | 2.02 | 1.80 | 1.65 | 1.30 | 1.88 | 1.32 | 2.42 |
| Diluted Shares Outstanding | 850M | 853M | 848M | 847M | 850M | 858M | 852.9M | 857M | 857M | 858M | 858M | 861M |
| Basic Shares Outstanding | 850M | 849M | 848M | 847M | 850M | 854M | 852.9M | 856M | 856M | 856M | 857M | 860M |
| Dividend Payout Ratio | 156.48% | 75.54% | 102.82% | 105.14% | 113.56% | 78.44% | 87.59% | 96.03% | 121.11% | 83.36% | 118.99% | 64.63% |