UNITED PARCEL SERVICE INC
For the period ended Mar 31, 2024. Filed May 3, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 3, 2024
UPS$111.05+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Consolidated Income
(In millions, except per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | $21,706 | $22,925 |
| Operating Expenses: | ||
| Compensation and benefits | 11,639 | 11,464 |
| Repairs and maintenance | 718 | 725 |
| Depreciation and amortization | 898 | 834 |
| Purchased transportation | 3,246 | 3,541 |
| Fuel | 1,060 | 1,271 |
| Other occupancy | 564 | 551 |
| Other expenses | 1,968 | 1,998 |
| Total Operating Expenses | 20,093 | 20,384 |
| Operating Profit | 1,613 | 2,541 |
| Other Income (Expense): | ||
| Investment income and other | 118 | 169 |
| Interest expense | (195) | (188) |
| Total Other Income (Expense) | (77) | (19) |
| Income Before Income Taxes | 1,536 | 2,522 |
| Income Tax Expense | 423 | 627 |
| Net Income | $1,113 | $1,895 |
| Basic Earnings Per Share | $1.30 | $2.20 |
| Diluted Earnings Per Share | $1.30 | $2.19 |
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