United Parcel Service, Inc. (UPS) Financial Statements

United Parcel Service, Inc.

UPS · NYSE

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Total Revenue	$88.66B	$91.07B	$90.96B	$100.34B	$97.29B	$84.63B	$74.09B	$71.86B
Operating Expenses	$80.79B	$82.60B	$81.82B	$87.24B	$84.48B	$76.94B	$66.30B	$64.84B
Operating Income	$7.87B	$8.47B	$9.14B	$13.09B	$12.81B	$7.68B	$7.80B	$7.02B
Interest Expense	—	—	$785.00M	$704.00M	$694.00M	$701.00M	$653.00M	$605.00M
Other Income / (Expense)	-$703.00M	-$1.03B	-$568.00M	$1.73B	$3.79B	-$5.84B	-$2.15B	-$1.00B
Income Before Taxes	$7.16B	$7.44B	$8.57B	$14.82B	$16.59B	$1.84B	$5.65B	$6.02B
Provision for Income Taxes	$1.59B	$1.66B	$1.86B	$3.28B	$3.71B	$501.00M	$1.21B	$1.23B
Net Income	$5.57B	$5.78B	$6.71B	$11.55B	$12.89B	$1.34B	$4.44B	$4.79B
Basic EPS	$6.56	$6.76	$7.81	$13.26	$14.75	$1.55	$5.14	$5.53
Diluted EPS	$6.56	$6.75	$7.80	$13.20	$14.68	$1.54	$5.11	$5.51
Basic Shares Outstanding	849.00M	855.00M	859.00M	871.00M	874.00M	867.00M	864.00M	866.00M
Diluted Shares Outstanding	850.00M	856.00M	860.00M	875.00M	878.00M	871.00M	869.00M	870.00M

Analyst Estimates

Period	Consensus EPS	Low	High	Estimates	Revisions
Dec 2026	$7.21	$7.14	$7.25	9	↑8 ↓1
Dec 2027	$7.93	$7.12	$8.30	12	↑7 ↓2
Dec 2028	$8.17	$7.30	$9.20	5	↑2 ↓0
Dec 2029	$8.85	$8.85	$8.85	1	↑1 ↓0

Forward estimates are the sell-side consensus reported by Nasdaq, not a metir forecast.

Symbol: UPS
Type: Stock
Sector: Industrials
Industry: Trucking Freight/Courier Services
Country: North America
Exchange: NYSE

UPS (NYSE: UPS) is one of the world's largest companies, with 2025 revenue of $88.7 billion, and provides a broad range of integrated logistics solutions for customers in more than 200 countries and territories. Focused on its purpose statement, 'Moving our world forward by delivering what matters,' the company's approximately 460,000 employees embrace a strategy that is simply stated and powerfully executed: Customer First. People Led. Innovation Driven. UPS is committed to reducing its impact on the environment and supporting the communities we serve around the world.

Key Issues

Bullish view

UPS’s stock is trading more than 40% below its all-time high, and the supplied Motley Fool coverage frames the company as a potential industrial dividend opportunity. That lower valuation could strengthen the income case.

Bearish view

Revenue fell from $91.1 billion to $88.7 billion and net income declined from $5.8 billion to $5.6 billion between FY2024 and FY2025. The evidence does not establish that dividend support is improving alongside the business.

Analyst Consensus

See all

Hold

26 analysts

$108

Current

—

Low

$121

Average

—

High

Average target implies +11.84% versus the current price.

Earnings History

BeatMissNo estimate

Peers

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