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Focus on logistics newsletter-UPS earned $16.915 billion in the fourth quarter of 2023

UPS earned $16.915 billion in the fourth quarter of 2023


UPS 'fourth quarter earnings report for 2023 shows that the comprehensive revenue  was US $24.9 billion, down 7.8% from the same period of last year. Comprehensive operating profit was US $2.5 billion, down 22.5% from the same period of last year.


Specifically, in terms of domestic business in the United States, UPS 2023 earned US $16.915 billion and its operating profit was US $1.437 billion in the fourth quarter. Official said that due to the daily average freight volume decreased by 7.4%, revenue decreased by 7.3%. Operating profit rate was 8.5%; The adjusted operating profit margin was 9.3%.


In terms of international business, UPS 2023 earned 4.606 billion US dollars in the fourth quarter and its operating profit was 890 million US dollars. Officials pointed out that the revenue decreased by 6.9% compared with the same period of last year, mainly due to the weak European economy, which caused the average daily freight volume to decrease by 8.3%. Operating profit margin was 19.3%; The adjusted operating profit margin was 19.5%.


In terms of supply chain and freight business, UPS 2023 earned US $3.396 billion and operating profit of US $150 million in the fourth quarter. Official said that the revenue decreased by 11.4% compared with the same period of last year, mainly due to the decline in market freight rates and excess capacity in the freight market. Operating profit margin was 4.4%,Adjusted operating profit margin was 9.4%.


In addition, UPS expects full-year revenue in 2024 to be between about $92 billion and $94.5 billion, with a combined adjusted operating profit margin of about 10.0% to 10.6%. The planned capital expenditure is about $4.5 billion, and the dividend payment approved by the board is about $5.4 billion. The expected effective tax rate is about 23.5%.



ups国际快递2023第四季度收入169.15亿美元


       UPS2023年第四季度收益报告显示,第四季度综合收入为249亿美元,较去年同期下降7.8%。综合营业利润为25亿美元,较去年同期下降22.5%,


       具体来看,在美国国内业务方面,UPS 2023第四季度收入169.15亿美元,营业利润为14.37亿美元。官方表示,由于日均货运量量下降7.4%,收入下降7.3%。营业利润率为8.5%;调整后营业利润率为9.3%。


       在国际业务方面,UPS 2023第四季度收入46.06亿美元,营业利润为8.9亿美元。官方指出,收入较去年同期下降6.9%,主要是由于欧洲经济疲软导致日均货运量下降8.3%。营业利润率为19.3%,调整后营业利润率19.5%。


       在供应链与货运业务方面,UPS 2023第四季度收入33.96亿美元,营业利润为1.5亿美元。官方表示,收入较去年同期下降11.4%,主要是由于市场运价下降和货运市场运力过剩。营业利润率为4.4%;调整后营业利润率为9.4%。


       此外,UPS预计2024年全年收入将在约920亿美元至945亿美元之间,综合调整后营业利润率将在约10.0%至10.6%之间。计划资本支出约45亿美元,经董事会批准的股息支付额约为54亿美元。预计有效税率约为23.5%。