United Parcel Service (UPS) Gross Margin (2018 - 2021)
United Parcel Service (UPS) recorded Gross Margin of 78.78% in Q1 2021, down 1.85 percentage points from 80.63% a year earlier but up 1.75 percentage points from the prior quarter.
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Analysis
United Parcel Service (UPS) Gross Margin (2018 - 2021) Analysis & Trends
On a TTM basis, United Parcel Service's Gross Margin came in at 78.36% as of Mar 31, 2021, down 2.26 percentage points year-over-year; for FY2020, it came in at 78.74%, down 1.79 percentage points from FY2019.
- Annual Gross Margin has a four-year change of -2.78 percentage points (FY2016 to FY2020).
- Across earlier years, Gross Margin came in at 80.53% in FY2019 (+1.60 pp), 78.93% in FY2018 (-1.10 pp), 80.03% in FY2017 (-1.48 pp) and 81.51% in FY2016.
- Quarterly Gross Margin has ranged from 77.03% in Q4 2020 to 81.06% in Q3 2019 over the past five years.
- On a year-over-year basis, Gross Margin has declined for four consecutive quarters, with an average year-over-year change of -0.40 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 2.00 percentage points in Q3 2019, against a drop of 3.11 percentage points in Q4 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at 77.03% (Q4 2020), 78.75% (Q3 2020) and 79.13% (Q2 2020).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | - |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | - |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | - |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | - |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | - |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | - |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | 61.47% |
| 10 | Copart | 25.14 Bn | 9.56 Bn | 645.66 Mn | 56.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2021 | 78.78% |
| Dec 31, 2020 | 77.03% |
| Sep 30, 2020 | 78.75% |
| Jun 30, 2020 | 79.13% |
| Mar 31, 2020 | 80.63% |
| Dec 31, 2019 | 80.13% |
| Sep 30, 2019 | 81.06% |
| Jun 30, 2019 | 80.76% |
| Mar 31, 2019 | 80.19% |
| Dec 31, 2018 | 78.45% |
| Sep 30, 2018 | 79.06% |
| Jun 30, 2018 | 79.19% |
| Mar 31, 2018 | 79.09% |
API Access
United Parcel Service Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=UPS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "UPS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=UPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();