In 2022 the largest package delivery company in the U.S. saw $100.3 billion in revenue, up 3.1% from the year before. But profits fell 10.4% to $11.5 billion, presaging a difficult 2023. The company has already told investors it expects revenues to be $97 billion for the year, the lower end of its initial guidance, as the pandemic-era e-commerce surge wanes and as inflation inhibits retail spending.
  • UPS is racing against the clock to negotiate a new labor agreement with the Teamsters union, which represents 340,000 of its workers; its current contract is slated to expire on July 31, 2023.
  • In 2022 UPS acquired Italian health care logistics firm Bomi and software company Delivery Service, which makes specialized software for same-day deliveries, as it looks to expand its offerings in both areas.
Allen J. Schaben—Los Angeles Times/Getty Images

Company Information

As of 6/5/23
Country
U.S.
Headquarters
Atlanta
Industry
Mail, Package, and Freight Delivery
CEO
Carol B. Tomé
Company Type
Public
Ticker
UPS
Revenues ($M)
$100,338
Profits ($M)
$11,548
Market Value ($M)
$166,189
Employees
404,700
Market value as of March 31, 2023.

Key Financials (Last Fiscal Year)

$ millions
% change
Revenues ($M)
$100,338
3.1%
Profits ($M)
$11,548
-10.4%
Assets ($M)
$71,124
-
Total Stockholder Equity ($M)
$19,786
-

Profit Ratios

Profit as % of Revenues
11.5%
Profits as % of Assets
16.2%
Profits as % of Stockholder Equity
58.4%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)
13.20
EPS % Change (from 2021)
-10.1%
EPS % Change (5 year annual rate)
18.7%
EPS % Change (10 year annual rate)
31.9%

Total Return

Total Return to Investors (2022)
-16.3%
Total Return to Investors (5 year, annualized)
11.2%
Total Return to Investors (10 year, annualized)
12.2%

UPS Rank History

Historical Data

YearRevenues ($M)Profits ($M)Assets ($M)Total Stockholder Equity ($M)
2022$97,28715%$12,890859.8%$69,405$14,253
2021$84,62814.2%$1,343-69.8%$62,408$657
2020$74,0943.1%$4,440-7.3%$57,857$3,267
2019$71,8619.1%$4,791-2.4%$50,016$3,021
2018$65,8728.2%$4,91043.1%$45,403$1,000
SHOW MORE
FortuneAnalytics tout
Lists ranking UPS
RANK35
World's Most Admired Companies - 2023The 25th Fortune World’s Most Admired Companies li...READ MORE
RANK37
Fortune 500 - 2023The Fortune 500, in its 69th year in 2023, ranks t...READ MORE
RANK97
Global 500 - 2022Aggregate sales hit $37.8 trillion last year—an in...READ MORE
RANK224
America's Most Innovative Companies - 2023The 300 companies on this list are transforming in...READ MORE