United Parcel Service Inc

UPS

Equity

ISIN US9113121068 / Valor 1016553

New York Stock Exchange, Inc (2024-10-24)

USD 138.35+5.28%

United Parcel Service Inc
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About company

United Parcel Service Inc. is a global package delivery company that also offers supply chain management solutions. With one of the largest airlines and fleets of alternative fuel vehicles, UPS provides transportation, distribution, and international trade services in over 200 countries and territories. In addition to package operations in various regions, UPS offers a wide range of guaranteed day- and time-definite international shipping services.

Summarized from source with an LLMView SourceSector: Consumer Services

Revenue Growth

United Parcel Service Inc. reported consolidated revenue of $21.8 billion for the second quarter of 2024. This marks a significant milestone as the company returned to volume growth in the U.S. for the first time in nine quarters.

Operating Profit

For Q2 2024, United Parcel Service Inc. achieved an adjusted consolidated operating profit of $2.1 billion. This reflects the company's efforts to optimize operations and improve profitability amidst a challenging economic environment.

Cash Flow

Year-to-date cash flows from operating activities for United Parcel Service Inc. reached $5.3 billion by the end of the second quarter of 2024. This strong cash flow performance underscores the company's robust financial health and operational efficiency.

Volume Growth

The second quarter of 2024 was a significant turning point for United Parcel Service Inc. as it experienced volume growth in the U.S. for the first time in nine quarters. This positive trend indicates a recovery in demand and effective strategic initiatives.

Financial Outlook

United Parcel Service Inc. remains optimistic about its financial outlook for the remainder of 2024. The company continues to focus on enhancing operational efficiencies and capitalizing on growth opportunities to drive long-term value for shareholders.

Summarized from source with an LLMView Source

Key figures

-7.35%1Y

-32.1%3Y

21.3%5Y

Performance

27.5%1Y

27.7%3Y

30.1%5Y

Volatility