UNITED PARCEL SERVICE INCUPS

Market cap

$86.4B

P/E ratio

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Net Income	3,488	3,804	807	4,372	3,032	4,844	3,431	4,910	4,791	4,440	1,343	12,890	11,548	6,708	5,782
Depreciation and amortization	1,792	1,782	1,858	1,867	1,923	2,084	2,224	2,282	2,207	2,360	2,698	2,953	3,188	3,366	3,609
Pension and postretirement benefit (income) expense	903	1,660	5,753	1,115	3,040	1,189	3,725	1,643	2,242	3,141	7,125	-2,456	-129	1,330	1,698
Pension and postretirement benefit contributions	3,240	1,436	917	212	1,258	1,229	2,668	7,794	186	2,362	3,125	576	2,342	1,393	1,524
Self-insurance reserves	45	53	156	34	-201	-80	-21	-	-86	-185	503	178	-20	57	44
Deferred tax (benefit) expense	1,002	241	-1,199	-246	385	540	123	1,230	758	100	-858	1,645	531	199	-15
Stock compensation expense	519	524	547	513	536	574	591	584	634	915	796	878	1,568	200	24
Other (gains) losses	-	-245	-186	-35	-218	185	198	-37	-293	-74	-917	-137	-123	-265	-262
Accounts receivable	532	657	124	515	523	452	704	1,022	421	717	1,562	2,147	322	-1,256	566
Other assets	60	62	-10	13	-112	-414	14	982	-754	-698	-218	-312	-117	-87	-70
Accounts payable	265	249	-58	218	276	-147	461	592	1,034	419	904	1,265	34	-1,377	262
Accrued wages and withholdings	98	339	98	416	106	-63	109	193	505	-446	1,631	-245	-189	-296	501
Other liabilities	-284	186	206	-140	317	-6	-561	-241	170	182	-110	151	-9	-42	-11
Other operating activities	2	24	107	140	-34	53	25	-47	-16	-20	21	-22	-6	142	14
Net cash from operating activities	3,835	7,073	7,216	7,304	5,726	7,430	6,473	1,479	12,711	8,639	10,459	15,007	14,104	10,238	10,122
Capital expenditures	1,389	2,005	2,153	2,065	2,328	2,379	2,965	5,227	6,283	6,380	5,412	4,194	4,769	5,158	3,909
Proceeds from disposal of businesses, property, plant and equipment	-	-	-	-	-	-	-	-	-	-	-	-	-	193	1,115
Purchases of marketable securities	-	4,903	2,357	2,948	3,525	7,415	4,816	1,634	973	561	254	312	1,906	3,521	76
Sales and maturities of marketable securities	-	4,490	2,985	2,957	3,106	6,388	5,724	1,990	886	883	360	366	255	2,701	2,748
Acquisitions, net of cash acquired	-	-	100	22	88	1,904	547	134	2	6	20	602	755	1,329	71
Other investing activities	-293	257	-94	179	63	30	59	-1	-1	75	41	-18	333	19	24
Net cash used in investing activities	-654	-2,537	-1,335	-2,114	-2,801	-5,309	-2,566	-4,975	-6,330	-6,061	-5,283	-3,818	-7,472	-7,133	-217
Net change in short-term debt	-481	-183	-	-	-	2,529	-88	-250	63	310	-2,462	-	-	1,272	-1,272
Proceeds from long-term borrowings	2,195	279	1,745	100	1,525	3,783	5,927	12,016	1,202	5,205	5,003	-	-	3,429	2,785
Repayments of long-term borrowings	468	191	16	1,875	1,694	2,724	3,805	3,939	2,887	3,096	3,392	2,773	2,304	2,429	2,487
Purchases of common stock	817	2,665	1,621	3,838	2,695	2,702	2,678	1,813	1,011	1,004	224	500	3,500	2,250	500
Issuances of common stock	218	290	301	491	274	249	245	247	240	218	285	251	262	248	232
Dividends	1,818	1,997	2,130	2,260	2,366	2,525	2,643	2,771	3,011	3,194	3,374	3,437	5,114	5,372	5,399
Other financing activities	-175	-395	-96	-425	-205	-175	-98	-203	-288	-166	-353	-364	-529	-432	-209
Net cash used in financing activities	-1,346	-4,862	-1,817	-7,807	-5,161	-1,565	-3,140	3,287	-5,692	-1,727	-4,517	-6,823	-11,185	-5,534	-6,850
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	-	-	-	-	-	-	-	-	-91	20	13	-21	-100	33	-149
Net Increase (Decrease) In Cash, Cash Equivalents and Restricted Cash	-	-	-	-	-	-	-	-	598	871	672	4,345	-4,653	-2,396	2,906
Interest (net of amount capitalized)	340	248	381	409	366	345	373	428	595	628	691	697	721	762	854
Income Taxes Paid	1,312	1,527	1,988	2,712	1,524	1,913	2,064	1,559	2	514	1,138	1,869	2,574	1,976	1,347