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Sep 30, 2024
UPS Q3 2024 Earnings Report
UPS experienced revenue and profit growth, driven by strong performance across all segments.
Key Takeaways
UPS announced Q3 2024 consolidated revenues of $22.2 billion, a 5.6% increase from Q3 2023. Diluted EPS was $1.80, and non-GAAP adjusted diluted EPS was $1.76, a 12.1% increase year-over-year. The company updates its 2024 financial guidance.
Consolidated revenues reached $22.2 billion, a 5.6% increase compared to last year.
Consolidated operating margin was 8.9%.
Diluted EPS was $1.80, while non-GAAP adjusted diluted EPS was $1.76, up 12.1% from last year.
The company updated its 2024 financial guidance.
UPS
UPS
UPS Revenue by Segment
Revenue by Segment
U.S. Domestic Revenue
CapyFin.comInternational Revenue
CapyFin.comSupply Chain Solutions Revenue
CapyFin.com Forward Guidance
For full-year 2024, UPS updates its consolidated revenue and operating margin targets, reflecting actual third-quarter results, the impact of the completed Coyote disposition and the company’s outlook for the fourth quarter.
Positive Outlook
- Consolidated revenue expected to be approximately $91.1 billion
- Lifts consolidated non-GAAP adjusted operating margin expectation to approximately 9.6%
- Capital expenditures of approximately $4.0 billion
- Dividend payments expected to be around $5.4 billion, subject to Board approval
Revenue & Expenses
Visualization of income flow from segment revenue to net income