3 ms·

You are wrong. UPS does not make anything close to $75 B per year in profit.

• Clubber 3y ago
  Looks like they made $100B in revenue and $74B profit in 2022. https://www.macrotrends.net/stocks/charts/UPS/ups/revenue https://www.macrotrends.net/stocks/charts/UPS/ups/revenue UPS annual revenue for 2022 was $100.338B, a 3.14% increase from 2021. UPS annual revenue for 2021 was $97.287B, a 14.96% increase from 2020. UPS annual revenue for 2020 was $84.628B, a 14.22% increase from 2019. UPS annual gross profit for 2022 was $74.152B, a 3.08% increase from 2021. UPS annual gross profit for 2021 was $71.939B, a 12.32% increase from 2020. UPS annual gross profit for 2020 was $64.05B, a 13.61% increase from 2019.
  • stefanpl 3y ago
    You need to look at net profit not gross which is much smaller. The net profit margin 10%.
    • orwin 3y ago
      Why? Aren't salaries paid before obligations and taxes?