United parcel service, inc. (UPS)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Revenue

18,035

20,568

18,318

18,048

17,160

19,848

17,444

17,456

17,113

18,975

16,173

15,927

15,510

17,635

14,928

14,629

14,418

16,054

14,237

14,095

13,977

15,895

14,290

14,268

13,779

14,976

13,521

13,507

13,434

14,571

13,071

13,349

13,136

14,166

13,166

13,191

12,582

13,421

12,192

12,204

11,728

12,377

11,153

10,829

10,938

13,113

13,001

Operating Expenses:
Compensation and benefits

10,086

10,702

9,590

9,299

9,317

10,151

9,015

9,024

9,045

9,545

8,437

8,284

8,311

9,086

7,857

7,738

7,853

8,504

7,458

7,502

7,564

9,188

7,217

8,375

7,265

7,647

6,961

6,981

6,968

11,943

7,577

6,747

6,835

7,730

6,647

6,636

6,562

7,092

6,411

6,515

6,539

6,930

6,341

6,330

6,332

6,425

6,522

Depreciation and amortization

648

630

587

575

568

545

524

542

596

594

572

562

554

563

554

555

552

541

527

510

506

497

485

473

468

467

460

466

474

476

464

459

459

451

447

443

441

444

448

449

451

450

441

426

430

456

452

Fuel

761

838

824

857

770

958

867

852

750

817

636

616

621

638

541

505

434

582

617

639

644

953

978

980

972

1,061

968

992

1,006

1,082

969

1,014

1,025

1,066

1,015

1,057

908

853

724

717

678

695

635

539

496

1,209

1,167

Other occupancy

383

353

346

322

371

359

321

321

361

310

282

264

299

275

248

245

269

257

241

230

294

265

241

241

297

247

225

225

253

232

220

213

237

228

229

225

261

239

222

216

262

247

241

225

272

247

244

Other expenses

1,591

1,826

1,374

1,379

1,340

1,554

1,337

1,312

1,262

1,521

1,203

1,158

1,173

1,346

1,096

1,095

1,082

1,302

1,122

1,120

1,092

1,363

1,025

1,123

1,027

1,141

1,011

1,061

1,064

1,142

1,026

1,090

992

1,138

1,042

1,006

975

1,048

833

1,011

981

1,147

1,003

953

1,202

1,175

1,180

Total Operating Expenses

16,963

18,435

16,190

15,905

15,766

17,844

15,717

15,683

15,593

16,912

14,361

13,890

13,893

15,842

12,894

12,591

12,595

14,003

12,253

12,135

12,304

15,141

12,336

13,521

12,266

13,068

11,717

11,765

11,854

17,353

12,305

11,559

11,567

12,969

11,500

11,446

11,110

11,840

10,576

10,802

10,686

11,411

10,224

9,934

10,220

11,481

11,547

Operating Profit

1,072

2,133

2,128

2,143

1,394

2,004

1,727

1,773

1,520

2,063

1,812

2,037

1,617

1,793

2,034

2,038

1,823

2,051

1,984

1,960

1,673

754

1,954

747

1,513

1,908

1,804

1,742

1,580

-2,782

766

1,790

1,569

1,197

1,666

1,745

1,472

1,581

1,616

1,402

1,042

966

929

895

718

1,632

1,454

Other Income and (Expense):
Investment income and other

345

-2,165

237

220

215

-1,313

317

302

294

-563

236

193

195

-2,224

13

8

17

3

4

4

4

-5

2

25

0

10

2

3

5

6

6

6

6

8

16

9

11

10

15

-18

-4

13

6

-22

13

-13

14

Interest expense

167

166

159

159

169

148

155

149

153

129

111

111

102

100

94

94

93

85

83

86

87

87

87

89

90

94

92

98

96

109

98

92

94

96

84

83

85

94

91

84

85

89

93

181

82

104

104

Total Other Income and (Expense)

178

-2,331

78

61

46

-1,461

162

153

141

-692

125

82

93

-2,324

-81

-86

-76

-82

-79

-82

-83

-92

-85

-64

-90

-84

-90

-95

-91

-103

-92

-86

-88

-88

-68

-74

-74

-84

-76

-102

-89

-76

-87

-203

-69

-117

-90

Income Before Income Taxes

1,250

-198

2,206

2,204

1,440

543

1,889

1,926

1,661

1,371

1,937

2,119

1,710

-531

1,953

1,952

1,747

1,969

1,905

1,878

1,590

662

1,869

683

1,423

1,824

1,714

1,647

1,489

-2,885

674

1,704

1,481

1,109

1,598

1,671

1,398

1,497

1,540

1,300

953

890

842

692

649

1,515

1,364

Income Tax Expense

285

-92

456

519

329

90

381

441

316

275

678

735

544

-283

683

683

616

638

648

648

564

209

655

229

512

657

617

576

452

-1,137

205

588

511

384

526

579

483

528

549

455

420

317

293

247

248

545

491

Net Income

965

-106

1,750

1,685

1,111

453

1,508

1,485

1,345

1,096

1,259

1,384

1,166

-248

1,270

1,269

1,131

1,331

1,257

1,230

1,026

453

1,214

454

911

1,167

1,097

1,071

1,037

-1,748

469

1,116

970

725

1,072

1,092

915

969

991

845

533

573

549

445

401

970

873

Basic Earnings Per Share

1.12

-0.12

2.03

1.95

1.28

0.53

1.74

1.71

1.55

1.26

1.45

1.59

1.33

-0.26

1.44

1.43

1.27

1.48

1.40

1.37

1.13

0.50

1.33

0.49

0.99

1.25

1.17

1.14

1.09

-1.82

0.49

1.16

1.01

0.75

1.10

1.11

0.92

0.97

1.00

0.85

0.54

0.57

0.55

0.45

0.40

0.96

0.86

Diluted Earnings Per Share

1.11

-0.12

2.01

1.94

1.28

0.52

1.73

1.71

1.55

1.26

1.44

1.58

1.33

-0.28

1.44

1.43

1.27

1.49

1.39

1.35

1.12

0.49

1.32

0.49

0.98

1.24

1.16

1.13

1.08

-1.80

0.48

1.15

1.00

0.75

1.09

1.09

0.91

0.97

0.99

0.84

0.53

0.57

0.55

0.44

0.40

0.96

0.85

Repairs and maintenance
Cost of goods sold

563

446

485

473

434

438

437

423

434

420

399

392

390

392

386

383

381

331

362

357

350

360

341

341

329

311

311

309

309

317

306

303

302

330

324

317

315

294

282

281

274

261

265

273

276

289

303

Purchased transportation
Cost of goods sold

2,931

3,640

2,984

3,000

2,966

3,839

3,216

3,209

3,145

3,705

2,832

2,614

2,545

3,542

2,212

2,070

2,024

2,486

1,926

1,777

1,854

2,515

2,049

1,988

1,908

2,194

1,781

1,731

1,780

2,161

1,743

1,733

1,717

2,026

1,796

1,762

1,648

1,870

1,656

1,613

1,501

1,681

1,298

1,188

1,212

1,680

1,679