As one of the largest package delivery service companies in the world, United Parcel Service, Inc. (UPS) generated over 91 billion U.S. dollars in revenue and had a net income of about 5.8 billion in 2024. The company's fiscal years end December 31. UPS’ operations The United Parcel Service is a package delivery and supply chain management business. Although headquartered in Sandy Spring, Georgia, UPS operates in over 220 countries worldwide. Aside from domestic and international package shipments, they also deal with airline cargo and freight operations. In 2024, UPS generated about 60.4 billion U.S. dollars in revenue through their domestic package deliveries in the United States. This includes both ground and air package transportation services. Contributing to their total revenue, UPS generated over 12.7 billion U.S. dollars worldwide in their supply chain operations that year. Between international and domestic package revenue, domestic package delivery generated more money, bringing in 60. billion U.S. dollars, compared to international delivery which brought in 18 billion U.S. dollars in 2024.The parcel market in the U.S. UPS holds the highest percentage of the market in the United States, maintaining 35 percent of it. Customer service is very important for a company to generate revenue and grow their business. In 2024, UPS had an American Customer Satisfaction Index score of 78. Its competitor, FedEx, received a score of 80, whereas U.S. Postal Service received 73.
United Parcel Service, Inc. (UPS) generated almost 8.5 billion U.S. dollars in operating profits in 2024. This was some seven percent less compared with the previous year. The company's fiscal years end December 31.
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UPS total non-operating income/expense for the twelve months ending March 31, 2025 was $-1.092B, a 74.44% increase year-over-year. UPS annual total non-operating income/expense for 2024 was $-1.026B, a 80.63% increase from 2023. UPS annual total non-operating income/expense for 2023 was $-0.568B, a 132.81% decline from 2022. UPS annual total non-operating income/expense for 2022 was $1.731B, a 54.27% decline from 2021.
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UPS retained earnings (accumulated deficit) for the quarter ending March 31, 2025 were $19.939B, a 3.59% decline year-over-year. UPS retained earnings (accumulated deficit) for 2024 were $20.882B, a 0.82% decline from 2023. UPS retained earnings (accumulated deficit) for 2023 were $21.055B, a 1.27% decline from 2022. UPS retained earnings (accumulated deficit) for 2022 were $21.326B, a 31.81% increase from 2021.
In the fiscal year of 2024, FedEx generated nearly 88 billion U.S. dollars in revenue. FedEx is ranked among the leading logistics companies in the United States. FedEx's fiscal year ends May 31. Rise of private parcel services FedEx and other private parcel services became more prominent due to a lack of satisfaction with the United States Postal Service (USPS). Tennessee-headquartered FedEx offers both air and ground courier operations including third-party logistics operations. The company’s key competitors include Georgia-based UPS (United Parcel Service of North America, Inc.), YRC Worldwide and Deutsche Post DHL. In 2021, FedEx was the second-largest for-hire carrier and the leading less-than-truckload (LTL) carrier in the United States. Changing landscape of the industry As a result of the world’s growing digitization, the industry has gone through several innovation processes, including the use of GPS* and RFID** technology to track vehicles and parcels. While the ubiquity of electronic mailing continues to trouble the USPS, courier services remain the beneficiaries of growing online retail sales: End customers as well as businesses are increasingly buying physical items online, and these items require delivering. Moreover, parcel processing systems that are able to sort through 20,000 packages in one hour have made the industry more efficient. Satellite computer systems have also improved the state of monitoring Internet-connected courier fleet trucks. * Global Positioning System ** Radio-frequency Identification
The ratio of government revenue to gross domestic product (GDP) in Paraguay was about 19.08 percent in 2024. From 1980 to 2024, the ratio rose by approximately 4.05 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 0.22 percentage points, showing an overall upward trend with periodic ups and downs.The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
In 2023, GXO Logistics generated nearly 8.5 billion U.S. dollars in net revenue in North America and, therefore, ranked first on the list of leading U.S. logistics companies. Key U.S. logistics companies Consumers in the United States are benefiting from the multiplicity of transport modes available in our increasingly connected world. The most widely used haulage modes include road and rail transport, as well as ship transport and aviation. Once customers place an order for an item, they trigger a vast array of services going beyond the simple delivery of parcels. Logistics companies offer the integration of information flow through supply chain management software, warehousing, packaging and material handling, as well as forwarding, returned goods management and brokerage. The actual forwarding may be done by using several transport modes across multiple territories. In the 2023 ranking, UPS Supply Chain Solutions was the second-largest logistics company in the United States. With a customer base including Philips Healthcare, Pratt Whitney, and Triumph Motorcycles, the Georgia-based forwarder is a subsidiary of United Parcel Service, a company that generated over 91 billion U.S. dollars in revenue in its 2024 fiscal year.
In 2024, the ratio of government revenue to gross domestic product (GDP) in Peru stood at about 19.09 percent. Between 2000 and 2024, the figure dropped by approximately 0.53 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the ratio will rise by around 0.97 percentage points, showing an overall upward trend with periodic ups and downs.The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
In 2024, the ratio of government revenue to gross domestic product (GDP) in Hungary stood at about ***** percent. Between 1995 and 2024, the figure dropped by approximately **** percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the ratio will rise by around **** percentage points, showing an overall upward trend with periodic ups and downs.The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
The ratio of government revenue to gross domestic product (GDP) in Argentina was about 32.25 percent in 2024. From 1993 to 2024, the ratio rose by approximately 10.26 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 2.53 percentage points, showing an overall upward trend with periodic ups and downs.The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
The ratio of government revenue to gross domestic product (GDP) in El Salvador amounted to about 26.83 percent in 2024. From 1990 to 2024, the ratio rose by approximately 11.57 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 0.80 percentage points, showing an overall upward trend with periodic ups and downs.The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
In 2024, the budget balance in relation to the gross domestic product (GDP) in the Dominican Republic was about -3.09 percent. Between 1997 and 2024, the figure dropped by approximately 2.45 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the budget balance will rise by around 1.32 percentage points, showing an overall upward trend with periodic ups and downs.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
The ratio of government revenue to gross domestic product (GDP) in Uruguay stood at about 27.94 percent in 2024. From 1999 to 2024, the ratio rose by approximately 3.48 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 0.28 percentage points, showing an overall upward trend with periodic ups and downs.The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
In 2024, the ratio of government revenue to gross domestic product (GDP) in Romania stood at about ***** percent. Between 1990 and 2024, the figure dropped by approximately **** percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the ratio will rise by around **** percentage points, showing an overall upward trend with periodic ups and downs.The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
The ratio of government revenue to gross domestic product (GDP) in Honduras was about 24.87 percent in 2024. From 1990 to 2024, the ratio rose by approximately 7.64 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 0.15 percentage points, showing an overall upward trend with periodic ups and downs.The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
The ratio of government revenue to gross domestic product (GDP) in Colombia amounted to about 28.21 percent in 2024. From 1980 to 2024, the ratio rose by approximately 28.16 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 0.69 percentage points, showing an overall upward trend with periodic ups and downs.The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
The ratio of government revenue to gross domestic product (GDP) in Chile stood at about 23.74 percent in 2024. From 1990 to 2024, the ratio rose by approximately 0.50 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 1.47 percentage points, showing an overall upward trend with periodic ups and downs.The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
The ratio of government revenue to gross domestic product (GDP) in Guatemala amounted to about 12.44 percent in 2024. From 1995 to 2024, the ratio rose by approximately 3.19 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 0.11 percentage points, showing an overall upward trend with periodic ups and downs.The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
The ratio of government revenue to gross domestic product (GDP) in Costa Rica was estimated at about 15.09 percent in 2024. From 1990 to 2024, the ratio rose by approximately 0.62 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 0.05 percentage points, showing an overall upward trend with periodic ups and downs.The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
The ratio of government revenue to gross domestic product (GDP) in Brazil was estimated at about 38.83 percent in 2024. From 2001 to 2024, the ratio rose by approximately 2.50 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 0.47 percentage points, showing an overall upward trend with periodic ups and downs.The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
As one of the largest package delivery service companies in the world, United Parcel Service, Inc. (UPS) generated over 91 billion U.S. dollars in revenue and had a net income of about 5.8 billion in 2024. The company's fiscal years end December 31. UPS’ operations The United Parcel Service is a package delivery and supply chain management business. Although headquartered in Sandy Spring, Georgia, UPS operates in over 220 countries worldwide. Aside from domestic and international package shipments, they also deal with airline cargo and freight operations. In 2024, UPS generated about 60.4 billion U.S. dollars in revenue through their domestic package deliveries in the United States. This includes both ground and air package transportation services. Contributing to their total revenue, UPS generated over 12.7 billion U.S. dollars worldwide in their supply chain operations that year. Between international and domestic package revenue, domestic package delivery generated more money, bringing in 60. billion U.S. dollars, compared to international delivery which brought in 18 billion U.S. dollars in 2024.The parcel market in the U.S. UPS holds the highest percentage of the market in the United States, maintaining 35 percent of it. Customer service is very important for a company to generate revenue and grow their business. In 2024, UPS had an American Customer Satisfaction Index score of 78. Its competitor, FedEx, received a score of 80, whereas U.S. Postal Service received 73.