United Parcel Service, Inc. (UPS) FY2024 Annual P&L / Income Statement

United Parcel Service, Inc. (UPS) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue

91,070,000,000 US dollars

Total Operating Expenses

82,602,000,000 US dollars

Operating Profit

8,468,000,000 US dollars

Total Other Income and (Expense)

negative 1,026,000,000 US dollars

Income Before Income Taxes

7,442,000,000 US dollars

Income Tax Expense

1,660,000,000 US dollars

Net Income

5,782,000,000 US dollars

International Package - Cargo & Other

632,000,000 US dollars

International Package - Domestic

3,186,000,000 US dollars

International Package - Export

14,142,000,000 US dollars

Supply Chain Solutions - Forwarding

4,728,000,000 US dollars

Supply Chain Solutions - Logistics

6,437,000,000 US dollars

Supply Chain Solutions - Other

1,569,000,000 US dollars

U.S. Domestic Package - Cargo & Other

569,000,000 US dollars

U.S. Domestic Package - Deferred

4,757,000,000 US dollars

U.S. Domestic Package - Ground

45,347,000,000 US dollars

U.S. Domestic Package - Next Day Air

9,703,000,000 US dollars

Compensation and benefits

48,093,000,000 US dollars

Repairs and maintenance

2,940,000,000 US dollars

Depreciation and amortization

3,609,000,000 US dollars

Purchased transportation

13,589,000,000 US dollars

Fuel

4,366,000,000 US dollars

Other occupancy

2,117,000,000 US dollars

Other expenses

7,888,000,000 US dollars

Chart connections

• Revenue minus operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.