Gross Profit for United Parcel Service (UPS)
According to United Parcel Service's latest reported financial statements, the company's current gross profit (TTM) is $16.11B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$16.11B
YoY change
-3.7%
5Y CAGR
-5.5%
Peak year (2003)
$25.33B
Cumulative gross profit
$420.13B
Gross Profit history chart for United Parcel Service (UPS) from 1998 to 2025
Gross Profit history table for United Parcel Service (UPS) from 1998 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $16.42B | -3.7% | ||
| 2024 | $17.06B | -3.7% | ||
| 2023 | $17.71B | -11.8% | ||
| 2022 | $20.08B | +15.2% | ||
| 2021 | $17.43B | -20.0% | ||
| 2020 | $21.78B | +35.4% | ||
| 2019 | $16.09B | +13.6% | ||
| 2018 | $14.17B | +6.1% | ||
| 2017 | $13.35B | +8.2% | ||
| 2016 | $12.34B | +1.9% | ||
| 2015 | $12.11B | +3.4% | ||
| 2014 | $11.71B | +2.6% | ||
| 2013 | $11.41B | +10.1% | ||
| 2012 | $10.36B | -7.2% | ||
| 2011 | $11.16B | +14.5% | ||
| 2010 | $9.75B | +23.0% | ||
| 2009 | $7.93B | -26.1% | ||
| 2008 | $10.73B | +101.5% | ||
| 2007 | $5.33B | -52.2% | ||
| 2006 | $11.13B | +7.9% | ||
| 2005 | $10.32B | +14.8% | ||
| 2004 | $8.98B | -64.5% | ||
| 2003 | $25.33B | +7.8% | ||
| 2002 | $23.50B | +3.3% | ||
| 2001 | $22.75B | +2.4% | ||
| 2000 | $22.23B | +8.9% | ||
| 1999 | $20.41B | +10.0% | ||
| 1998 | $18.55B | — |
Gross Profit values are taken from United Parcel Service's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
United Parcel Service (UPS) most recent annual gross profit stands at $16.42B (2025) – edged down 3.7% year-over-year.
United Parcel Service gross profit compound annual growth for the 2020–2025 (5 years) window is -5.5%, with a net decline across the window.
United Parcel Service gross profit peaked at $25.33B in 2003; the latest annual figure is $16.42B in 2025 (35.2% below peak).
The dataset's maximum gross profit sits at $25.33B (2003); the minimum reading of $5.33B dates to 2007.
Among 8 Industrials peers, United Parcel Service (UPS) ranks 4th; the peer median for gross profit is $15.42B.
United Parcel Service Gross Profit by Year
United Parcel Service Gross Profit 2025: $16.42B
United Parcel Service gross profit in 2025 was $16.42B, edged down 3.7% below 2024.
United Parcel Service Gross Profit 2024: $17.06B
United Parcel Service gross profit in 2024 was $17.06B, edged down 3.7% below 2023.
United Parcel Service Gross Profit 2023: $17.71B
United Parcel Service gross profit in 2023 was $17.71B, declined 11.8% below 2022.
United Parcel Service Gross Profit 2022: $20.08B
United Parcel Service gross profit in 2022 was $20.08B, grew 15.2% from 2021.
United Parcel Service Gross Profit 2021: $17.43B
United Parcel Service gross profit in 2021 was $17.43B.
See more financial history for United Parcel Service (UPS).
Sector peers — Gross Profit
Companies in the same sector as United Parcel Service, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $21.86B | Industrials |
| RTX Corporation (RTX) | $17.79B | Industrials |
| GE Aerospace (GE) | $16.89B | Industrials |
| Deere & Company (DE) | $16.30B | Industrials |
| Union Pacific Corporation (UNP) | $14.55B | Industrials |
| Honeywell International Inc. (HON) | $13.83B | Industrials |
| Eaton Corporation plc (ETN) | $10.32B | Industrials |
| The Boeing Company (BA) | $4.29B | Industrials |
Frequently asked questions
What is United Parcel Service's gross profit?
- Latest reported gross profit for United Parcel Service (UPS) is $16.11B (period ending December 31, 2025).
How has United Parcel Service gross profit changed year-over-year?
- United Parcel Service (UPS) gross profit changed -3.7% year-over-year on the latest annual filing.
What is the long-term growth rate of United Parcel Service gross profit?
- United Parcel Service (UPS) gross profit compound annual growth rate is -5.5% over the most recent 5 years available.
When did United Parcel Service gross profit hit its highest annual value?
- United Parcel Service gross profit reached its highest annual value of $25.33B in 2003.
What was United Parcel Service gross profit in 2024?
- United Parcel Service (UPS) gross profit in 2024 was $17.06B.
What was United Parcel Service gross profit in 2025?
- United Parcel Service (UPS) gross profit in 2025 was $16.42B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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