UPS Net Income

Net Income of United Parcel Service (UPS) 2000-2021

Amounts are in $millions. 

Year Net Income ($mn)
2021$12,890
2020$1,343
2019$4,440
2018$ 4,791
2017$ 4,905
2016$ 3,422
2015$ 4,840 
2014$ 3,034
2013$ 4,372
2012$ 807 
2011$ 3,804
2010$ 3,338
2009$ 1,968
2008$ 655
2007$ 496
2006$ 4,202
2005$ 3,870
2004$ 3,333 
2003$ 2,898
2002$3,182
2001$ 2,399 
 2000 $ 2,934

2021: United Parcel Service experienced solid growth in its net revenue and income in 2021 compared to the prior year. The net revenue of the company increased by 15% in 2021 compared to 2020. However, its net income increased 859.8% in 2021 compared to the previous year. The total net income of UPS increased to $12,890 million in 2021 compared to $1,343 million in 2020.

2019: The net income of United Parcel Service (UPS) slid down to $4.4 billion in 2019 from $4.8 billion in 2018.

2018: Net Income of United Parcel Service (UPS) cam down to $4.8 billion in 2018 from $4.9 billion 2017.

About UPS:

United Parcel Service, Inc. (“UPS”) was founded in 1907 as a private messenger and delivery service in Seattle, Washington. Today, it is the world’s largest package delivery company. Apart from being a leader in the U.S. less-than-truckload industry, UPS is a premier provider of global supply chain management solutions. The global market for these services includes transportation, distribution, contract logistics, ground freight, ocean freight, air freight, customs brokerage, insurance and financing.

UPS also operates one of the largest airlines in the world, as well as the world’s largest fleet of alternative-powered vehicles. It delivers packages each business day for 1.6 million shipping customers to 9.9 million delivery customers in more than 220 countries and territories. In 2019, UPS delivered an average of 21.9 million pieces per day, or a total of 5.5 billion packages. Net revenue of UPS in 2019 was $74.094 billion.

UPS has divided its operations into three reporting segments: U.S. Domestic Package and International Package, which are together referred to as UPS global small package operations, and Supply Chain & Freight. The chairman and CEO of UPS is David P. Abney.