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 $97 billion for the year, the lower end of its initial guidance, as the pandemic-era e-commerce surge wanes and as inflation inhibits retail spending.
- UPS is racing against the clock to negotiate a new labor agreement with the Teamsters union, which represents 340,000 of its workers; its current contract is slated to expire on July 31, 2023.
- In 2022 UPS acquired Italian health care logistics firm Bomi and software company Delivery Service, which makes specialized software for same-day deliveries, as it looks to expand its offerings in both areas.
Allen J. Schaben—Los Angeles Times/Getty Images
Company Information
As of 6/5/23
Country
U.S.
Headquarters
Atlanta
Industry
Mail, Package, and Freight Delivery
CEO
Carol B. Tomé
Website
Company Type
Public
Ticker
UPS
Revenues ($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
| Year | Revenues ($M) | Profits ($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 |
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