TTM
$7.47B
YoY change
-9.4%
5Y CAGR
+0.1%
Peak year (2021)
$13.11B
Cumulative operating income
$174.95B
Operating Income history chart for United Parcel Service (UPS) from 1998 to 2025
Latest: $7.87B
Operating Income growth chart for United Parcel Service (UPS) from 1998 to 2025
Latest: -9.4%
Operating Income history table for United Parcel Service (UPS) from 1998 to 2025
| 2025 | $7.87B | -9.4% | −$818.00M | ||
| 2024 | $8.69B | -7.3% | −$686.00M | ||
| 2023 | $9.37B | -27.7% | −$3.60B | ||
| 2022 | $12.97B | -1.1% | −$139.00M | ||
| 2021 | $13.11B | +67.3% | +$5.27B | ||
| 2020 | $7.84B | -0.5% | −$40.00M | ||
| 2019 | $7.88B | +11.3% | +$802.00M | ||
| 2018 | $7.07B | -5.6% | −$420.00M | ||
| 2017 | $7.49B | +47.8% | +$2.42B | ||
| 2016 | $5.07B | -31.0% | −$2.27B | ||
| 2015 | $7.34B | +21.0% | +$1.28B | ||
| 2014 | $6.07B | -13.6% | −$958.00M | ||
| 2013 | $7.03B | +461.6% | +$5.78B | ||
| 2012 | $1.25B | -79.6% | −$4.89B | ||
| 2011 | $6.14B | +6.9% | +$396.00M | ||
| 2010 | $5.74B | +48.7% | +$1.88B | ||
| 2009 | $3.86B | -35.1% | −$2.09B | ||
| 2008 | $5.95B | +581.9% | +$5.08B | ||
| 2007 | $873.00M | -86.9% | −$5.78B | ||
| 2006 | $6.65B | +7.4% | +$458.00M | ||
| 2005 | $6.19B | +20.4% | +$1.05B | ||
| 2004 | $5.14B | +15.7% | +$698.00M | ||
| 2003 | $4.45B | +8.5% | +$349.00M | ||
| 2002 | $4.10B | +3.4% | +$134.00M | ||
| 2001 | $3.96B | -12.2% | −$550.00M | ||
| 2000 | $4.51B | +13.1% | +$524.00M | ||
| 1999 | $3.99B | +29.1% | +$898.00M | ||
| 1998 | $3.09B | — | — |
- 2025$7.87B-9.4%
- 2024$8.69B-7.3%
- 2023$9.37B-27.7%
- 2022$12.97B-1.1%
- 2021$13.11B+67.3%
- 2020$7.84B-0.5%
- 2019$7.88B+11.3%
- 2018$7.07B-5.6%
- 2017$7.49B+47.8%
- 2016$5.07B-31.0%
- 2015$7.34B+21.0%
- 2014$6.07B-13.6%
- 2013$7.03B+461.6%
- 2012$1.25B-79.6%
- 2011$6.14B+6.9%
- 2010$5.74B+48.7%
- 2009$3.86B-35.1%
- 2008$5.95B+581.9%
- 2007$873.00M-86.9%
- 2006$6.65B+7.4%
- 2005$6.19B+20.4%
- 2004$5.14B+15.7%
- 2003$4.45B+8.5%
- 2002$4.10B+3.4%
- 2001$3.96B-12.2%
- 2000$4.51B+13.1%
- 1999$3.99B+29.1%
- 1998$3.09B—
Operating Income values are taken from United Parcel Service's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at United Parcel Service (UPS)
According to United Parcel Service's latest reported financial statements, the company's current operating income (TTM) is $7.47B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, United Parcel Service (UPS) reported operating income of $7.87B – declined 9.4% year-over-year.
United Parcel Service operating income has grown on net over the period, with a +0.1% compound annual growth rate over 2020–2025 (5 years).
United Parcel Service operating income peaked at $13.11B in 2021; the latest annual figure is $7.87B in 2025 (40.0% below peak).
2021 marks the peak operating income at $13.11B, with the historical low of $873.00M recorded in 2007.
United Parcel Service Operating Income by Year
United Parcel Service Operating Income 2025: $7.87B
In 2025, United Parcel Service reported operating income of $7.87B, declined 9.4% below 2024.
United Parcel Service Operating Income 2024: $8.69B
United Parcel Service operating income in 2024 was $8.69B, declined 7.3% below 2023.
United Parcel Service Operating Income 2023: $9.37B
2023's operating income for United Parcel Service came in at $9.37B, declined 27.7% below 2022.
United Parcel Service Operating Income 2022: $12.97B
United Parcel Service posted operating income of $12.97B in 2022, edged down 1.1% below 2021.
United Parcel Service Operating Income 2021: $13.11B
United Parcel Service operating income in 2021 was $13.11B.
See more financial history for United Parcel Service (UPS).
Sector peers by Operating Income
Industrials peers of United Parcel Service (UPS), ranked by their latest operating income
| $11.21B | |
| $9.84B | |
| $9.30B | |
| $8.77B | |
| $8.42B | |
| $5.23B | |
| −$2.59B | |
| −$5.42B |
- $11.21B
- $9.84B
- $9.30B
- $8.77B
- $8.42B
- $5.23B
- −$2.59B
- −$5.42B
Frequently asked questions
United Parcel Service (UPS) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation