UNITED PARCEL SERVICE INC
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 20, 2024
UPS$111.05+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Consolidated Income
(In millions, except per share amounts)
| Years Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenue | $90,958 | $100,338 | $97,287 |
| Operating Expenses: | |||
| Compensation and benefits | 47,088 | 47,720 | 46,640 |
| Repairs and maintenance | 2,828 | 2,884 | 2,769 |
| Depreciation and amortization | 3,366 | 3,188 | 2,953 |
| Purchased transportation | 13,651 | 17,675 | 19,079 |
| Fuel | 4,775 | 6,018 | 3,847 |
| Other occupancy | 2,019 | 1,844 | 1,719 |
| Other expenses | 8,090 | 7,915 | 7,470 |
| Total Operating Expenses | 81,817 | 87,244 | 84,477 |
| Operating Profit | 9,141 | 13,094 | 12,810 |
| Other Income and (Expense): | |||
| Investment income and other | 217 | 2,435 | 4,479 |
| Interest expense | (785) | (704) | (694) |
| Total Other Income and (Expense) | (568) | 1,731 | 3,785 |
| Income Before Income Taxes | 8,573 | 14,825 | 16,595 |
| Income Tax Expense | 1,865 | 3,277 | 3,705 |
| Net Income | $6,708 | $11,548 | $12,890 |
| Basic Earnings Per Share | $7.81 | $13.26 | $14.75 |
| Diluted Earnings Per Share | $7.80 | $13.20 | $14.68 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.