Stock Analysis on Net
Stock Analysis on Net

United Parcel Service Inc. (NYSE:UPS)

Analysis of Profitability Ratios
Quarterly Data

Beginner level

Profitability Ratios (Summary)

United Parcel Service Inc., profitability ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Return on Sales
Gross profit margin 74.41% 74.57% 74.38% 74.21% 73.52% 72.93% 72.49% 72.27% 72.60% 73.28% 74.22% 75.05% 75.80% 76.32% 76.72% 77.31% 77.75% 77.90% 78.04% 77.82%
Operating profit margin 9.69% 9.75% 9.97% 10.52% 10.45% 10.02% 9.59% 9.77% 9.20% 9.83% 10.74% 11.43% 8.76% 8.91% 8.78% 8.98% 13.24% 13.31% 13.30% 13.14%
Net profit margin 5.71% 5.66% 5.73% 5.99% 6.81% 6.56% 6.34% 6.67% 7.68% 7.49% 7.53% 7.45% 5.58% 5.68% 5.60% 5.63% 8.33% 8.41% 8.42% 8.30%
Return on Investment
Return on equity (ROE) 81.97% 100.32% 130.16% 135.90% 89.94% 107.99% 131.44% 158.59% 175.66% 223.28% 379.24% 491.00% 236.38% 287.22% 646.36% 847.16% 182.32% 189.95% 201.42% 196.11%
Return on assets (ROA) 7.35% 7.05% 7.05% 7.67% 9.38% 9.01% 8.75% 9.58% 11.66% 11.49% 11.46% 10.81% 8.63% 8.99% 9.01% 8.50% 13.04% 13.01% 12.64% 12.64%

Based on: 10-Q (filing date: 2020-11-02), 10-Q (filing date: 2020-08-04), 10-Q (filing date: 2020-05-08), 10-K (filing date: 2020-02-20), 10-Q (filing date: 2019-10-29), 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-02-21), 10-Q (filing date: 2018-10-30), 10-Q (filing date: 2018-08-02), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-21), 10-Q (filing date: 2017-11-02), 10-Q (filing date: 2017-08-03), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-05), 10-Q (filing date: 2016-05-10), 10-K (filing date: 2016-02-25), 10-Q (filing date: 2015-11-05), 10-Q (filing date: 2015-08-07), 10-Q (filing date: 2015-05-07).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. United Parcel Service Inc.’s gross profit margin ratio improved from Q1 2020 to Q2 2020 but then slightly deteriorated from Q2 2020 to Q3 2020 not reaching Q1 2020 level.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. United Parcel Service Inc.’s operating profit margin ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. United Parcel Service Inc.’s net profit margin ratio deteriorated from Q1 2020 to Q2 2020 but then improved from Q2 2020 to Q3 2020 not reaching Q1 2020 level.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. United Parcel Service Inc.’s ROE deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.
ROA A profitability ratio calculated as net income divided by total assets. United Parcel Service Inc.’s ROA improved from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.

Gross Profit Margin

United Parcel Service Inc., gross profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Gross profit 15,731  15,335  13,397  15,291  13,679  13,396  12,619  14,254  12,603  12,651  12,423  13,754  12,010  12,035  11,639  12,807  11,541  11,426  11,310  12,398  11,091  11,092  10,835 
Revenue 21,238  20,459  18,035  20,568  18,318  18,048  17,160  19,848  17,444  17,456  17,113  18,829  15,978  15,750  15,315  16,931  14,928  14,629  14,418  16,054  14,237  14,095  13,977 
Profitability Ratio
Gross profit margin1 74.41% 74.57% 74.38% 74.21% 73.52% 72.93% 72.49% 72.27% 72.60% 73.28% 74.22% 75.05% 75.80% 76.32% 76.72% 77.31% 77.75% 77.90% 78.04% 77.82%
Benchmarks
Gross Profit Margin, Competitors2
CSX Corp. 78.46% 77.82% 77.71% 77.47% 76.77% 76.21% 75.89% 75.40% 75.01% 74.36% 74.38% 73.90% 74.84% 75.11% 74.64% 74.87% 73.71% 73.15% 72.85% 72.12%
FedEx Corp. 61.05% 61.35% 61.53% 61.64% 61.71% 61.94% 62.31% 62.63% 62.79% 62.99% 63.28% 63.50% 64.11% 64.85% 65.30% 65.60% 65.54% 65.38% 64.84% 64.21%
Norfolk Southern Corp. 76.35% 76.76% 76.57% 76.29% 76.36% 75.93% 75.62% 75.41% 76.85% 77.62% 78.20% 78.64% 77.44% 77.20% 77.02% 77.29% 76.94% 76.33% 75.62% 74.45%
Union Pacific Corp. 82.17% 81.37% 80.47% 79.91% 79.60% 79.03% 78.48% 78.21% 78.32% 78.83% 79.54% 79.97% 80.41% 80.70% 80.81% 81.21% 81.10% 80.90% 80.43% 79.67%

Based on: 10-Q (filing date: 2020-11-02), 10-Q (filing date: 2020-08-04), 10-Q (filing date: 2020-05-08), 10-K (filing date: 2020-02-20), 10-Q (filing date: 2019-10-29), 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-02-21), 10-Q (filing date: 2018-10-30), 10-Q (filing date: 2018-08-02), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-21), 10-Q (filing date: 2017-11-02), 10-Q (filing date: 2017-08-03), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-05), 10-Q (filing date: 2016-05-10), 10-K (filing date: 2016-02-25), 10-Q (filing date: 2015-11-05), 10-Q (filing date: 2015-08-07), 10-Q (filing date: 2015-05-07).

1 Q3 2020 Calculation
Gross profit margin = 100 × (Gross profitQ3 2020 + Gross profitQ2 2020 + Gross profitQ1 2020 + Gross profitQ4 2019) ÷ (RevenueQ3 2020 + RevenueQ2 2020 + RevenueQ1 2020 + RevenueQ4 2019)
= 100 × (15,731 + 15,335 + 13,397 + 15,291) ÷ (21,238 + 20,459 + 18,035 + 20,568) = 74.41%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. United Parcel Service Inc.’s gross profit margin ratio improved from Q1 2020 to Q2 2020 but then slightly deteriorated from Q2 2020 to Q3 2020 not reaching Q1 2020 level.

Operating Profit Margin

United Parcel Service Inc., operating profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Operating profit 2,363  2,212  1,072  2,133  2,128  2,143  1,394  2,004  1,727  1,773  1,520  1,494  2,035  2,216  1,784  (428) 2,034  2,038  1,823  2,051  1,984  1,960  1,673 
Revenue 21,238  20,459  18,035  20,568  18,318  18,048  17,160  19,848  17,444  17,456  17,113  18,829  15,978  15,750  15,315  16,931  14,928  14,629  14,418  16,054  14,237  14,095  13,977 
Profitability Ratio
Operating profit margin1 9.69% 9.75% 9.97% 10.52% 10.45% 10.02% 9.59% 9.77% 9.20% 9.83% 10.74% 11.43% 8.76% 8.91% 8.78% 8.98% 13.24% 13.31% 13.30% 13.14%
Benchmarks
Operating Profit Margin, Competitors2
CSX Corp. 40.41% 40.53% 41.80% 41.59% 41.49% 41.03% 40.72% 39.75% 39.61% 37.33% 35.03% 32.14% 30.65% 30.44% 30.01% 30.62% 29.37% 29.60% 30.21% 30.34%
FedEx Corp. 4.68% 5.43% 6.27% 6.41% 6.71% 6.88% 7.18% 7.44% 7.77% 8.00% 8.02% 8.35% 5.89% 5.84% 6.06% 6.11% 3.68% 4.11% 4.06% 3.93%
Norfolk Southern Corp. 30.08% 30.62% 32.41% 35.31% 35.69% 35.57% 35.32% 34.55% 34.68% 34.56% 34.12% 33.99% 32.13% 31.70% 31.11% 31.09% 29.80% 29.26% 28.96% 27.44%
Union Pacific Corp. 40.44% 40.25% 40.54% 39.40% 38.93% 38.38% 37.54% 37.30% 37.99% 37.72% 38.03% 37.95% 37.10% 37.27% 36.45% 36.47% 36.16% 36.69% 36.91% 36.91%

Based on: 10-Q (filing date: 2020-11-02), 10-Q (filing date: 2020-08-04), 10-Q (filing date: 2020-05-08), 10-K (filing date: 2020-02-20), 10-Q (filing date: 2019-10-29), 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-02-21), 10-Q (filing date: 2018-10-30), 10-Q (filing date: 2018-08-02), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-21), 10-Q (filing date: 2017-11-02), 10-Q (filing date: 2017-08-03), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-05), 10-Q (filing date: 2016-05-10), 10-K (filing date: 2016-02-25), 10-Q (filing date: 2015-11-05), 10-Q (filing date: 2015-08-07), 10-Q (filing date: 2015-05-07).

1 Q3 2020 Calculation
Operating profit margin = 100 × (Operating profitQ3 2020 + Operating profitQ2 2020 + Operating profitQ1 2020 + Operating profitQ4 2019) ÷ (RevenueQ3 2020 + RevenueQ2 2020 + RevenueQ1 2020 + RevenueQ4 2019)
= 100 × (2,363 + 2,212 + 1,072 + 2,133) ÷ (21,238 + 20,459 + 18,035 + 20,568) = 9.69%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. United Parcel Service Inc.’s operating profit margin ratio deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.

Net Profit Margin

United Parcel Service Inc., net profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Net income 1,957  1,768  965  (106) 1,750  1,685  1,111  453  1,508  1,485  1,345  1,104  1,264  1,384  1,158  (239) 1,270  1,269  1,131  1,331  1,257  1,230  1,026 
Revenue 21,238  20,459  18,035  20,568  18,318  18,048  17,160  19,848  17,444  17,456  17,113  18,829  15,978  15,750  15,315  16,931  14,928  14,629  14,418  16,054  14,237  14,095  13,977 
Profitability Ratio
Net profit margin1 5.71% 5.66% 5.73% 5.99% 6.81% 6.56% 6.34% 6.67% 7.68% 7.49% 7.53% 7.45% 5.58% 5.68% 5.60% 5.63% 8.33% 8.41% 8.42% 8.30%
Benchmarks
Net Profit Margin, Competitors2
CSX Corp. 26.08% 26.39% 27.74% 27.90% 27.90% 27.87% 27.84% 27.01% 55.19% 53.27% 50.85% 47.96% 15.45% 15.46% 15.19% 15.48% 15.93% 16.07% 16.51% 16.66%
FedEx Corp. -0.50% 0.11% 0.65% 0.77% 5.25% 7.23% 7.16% 6.99% 6.99% 4.74% 4.72% 4.97% 3.31% 3.35% 3.49% 3.61% 2.01% 2.30% 2.27% 2.21%
Norfolk Southern Corp. 20.27% 20.47% 21.89% 24.10% 23.98% 24.15% 24.10% 23.27% 52.82% 52.36% 51.65% 51.22% 17.86% 17.66% 17.07% 16.87% 16.27% 15.88% 15.76% 14.80%
Union Pacific Corp. 27.40% 27.54% 27.85% 27.27% 27.28% 26.95% 26.59% 26.13% 51.90% 51.31% 50.73% 50.43% 21.84% 21.79% 21.37% 21.23% 21.05% 21.48% 21.88% 21.88%

Based on: 10-Q (filing date: 2020-11-02), 10-Q (filing date: 2020-08-04), 10-Q (filing date: 2020-05-08), 10-K (filing date: 2020-02-20), 10-Q (filing date: 2019-10-29), 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-02-21), 10-Q (filing date: 2018-10-30), 10-Q (filing date: 2018-08-02), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-21), 10-Q (filing date: 2017-11-02), 10-Q (filing date: 2017-08-03), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-05), 10-Q (filing date: 2016-05-10), 10-K (filing date: 2016-02-25), 10-Q (filing date: 2015-11-05), 10-Q (filing date: 2015-08-07), 10-Q (filing date: 2015-05-07).

1 Q3 2020 Calculation
Net profit margin = 100 × (Net incomeQ3 2020 + Net incomeQ2 2020 + Net incomeQ1 2020 + Net incomeQ4 2019) ÷ (RevenueQ3 2020 + RevenueQ2 2020 + RevenueQ1 2020 + RevenueQ4 2019)
= 100 × (1,957 + 1,768 + 965 + -106) ÷ (21,238 + 20,459 + 18,035 + 20,568) = 5.71%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. United Parcel Service Inc.’s net profit margin ratio deteriorated from Q1 2020 to Q2 2020 but then improved from Q2 2020 to Q3 2020 not reaching Q1 2020 level.

Return on Equity (ROE)

United Parcel Service Inc., ROE calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Net income 1,957  1,768  965  (106) 1,750  1,685  1,111  453  1,508  1,485  1,345  1,104  1,264  1,384  1,158  (239) 1,270  1,269  1,131  1,331  1,257  1,230  1,026 
Equity for controlling interests 5,592  4,363  3,299  3,267  5,558  4,405  3,467  3,021  3,098  2,328  1,344  1,000  1,509  1,244  535  405  2,743  2,626  2,457  2,470  1,929  1,950  1,829 
Profitability Ratio
ROE1 81.97% 100.32% 130.16% 135.90% 89.94% 107.99% 131.44% 158.59% 175.66% 223.28% 379.24% 491.00% 236.38% 287.22% 646.36% 847.16% 182.32% 189.95% 201.42% 196.11%
Benchmarks
ROE, Competitors2
CSX Corp. 21.84% 23.84% 27.52% 28.11% 28.68% 28.03% 27.74% 26.34% 48.15% 44.05% 40.37% 37.21% 16.43% 15.41% 14.76% 14.68% 14.77% 15.28% 16.23% 16.89%
FedEx Corp. -1.85% 0.40% 2.48% 3.04% 18.28% 25.76% 25.09% 23.55% 23.63% 17.31% 17.32% 18.65% 12.56% 12.75% 13.03% 13.20% 6.95% 7.45% 7.13% 7.00%
Norfolk Southern Corp. 13.44% 14.10% 16.30% 17.93% 18.10% 18.31% 18.20% 17.35% 38.32% 34.64% 33.64% 33.03% 14.55% 14.26% 13.68% 13.44% 13.01% 13.08% 13.36% 12.77%
Union Pacific Corp. 31.23% 33.82% 37.53% 32.65% 33.69% 33.61% 34.08% 29.21% 56.62% 56.71% 44.90% 43.10% 23.90% 23.02% 21.93% 21.24% 20.74% 21.42% 22.47% 23.05%

Based on: 10-Q (filing date: 2020-11-02), 10-Q (filing date: 2020-08-04), 10-Q (filing date: 2020-05-08), 10-K (filing date: 2020-02-20), 10-Q (filing date: 2019-10-29), 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-02-21), 10-Q (filing date: 2018-10-30), 10-Q (filing date: 2018-08-02), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-21), 10-Q (filing date: 2017-11-02), 10-Q (filing date: 2017-08-03), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-05), 10-Q (filing date: 2016-05-10), 10-K (filing date: 2016-02-25), 10-Q (filing date: 2015-11-05), 10-Q (filing date: 2015-08-07), 10-Q (filing date: 2015-05-07).

1 Q3 2020 Calculation
ROE = 100 × (Net incomeQ3 2020 + Net incomeQ2 2020 + Net incomeQ1 2020 + Net incomeQ4 2019) ÷ Equity for controlling interests
= 100 × (1,957 + 1,768 + 965 + -106) ÷ 5,592 = 81.97%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. United Parcel Service Inc.’s ROE deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.

Return on Assets (ROA)

United Parcel Service Inc., ROA calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Net income 1,957  1,768  965  (106) 1,750  1,685  1,111  453  1,508  1,485  1,345  1,104  1,264  1,384  1,158  (239) 1,270  1,269  1,131  1,331  1,257  1,230  1,026 
Total assets 62,406  62,057  60,895  57,857  53,282  52,787  52,061  50,016  46,689  45,223  44,464  45,403  41,356  39,724  38,380  40,377  38,342  38,339  39,168  38,311  39,002  37,251  37,332 
Profitability Ratio
ROA1 7.35% 7.05% 7.05% 7.67% 9.38% 9.01% 8.75% 9.58% 11.66% 11.49% 11.46% 10.81% 8.63% 8.99% 9.01% 8.50% 13.04% 13.01% 12.64% 12.64%
Benchmarks
ROA, Competitors2
CSX Corp. 7.04% 7.44% 8.41% 8.71% 8.77% 9.07% 9.04% 9.01% 17.92% 16.71% 15.50% 15.31% 5.03% 4.98% 4.82% 4.84% 4.97% 5.13% 5.44% 5.62%
FedEx Corp. -0.50% 0.11% 0.66% 0.99% 6.68% 9.33% 9.27% 8.74% 8.61% 5.87% 5.83% 6.17% 4.08% 4.00% 4.04% 3.95% 2.63% 2.91% 2.92% 2.83%
Norfolk Southern Corp. 5.26% 5.52% 6.48% 7.18% 7.35% 7.54% 7.53% 7.36% 16.33% 16.03% 15.27% 15.13% 5.27% 5.17% 4.88% 4.78% 4.66% 4.67% 4.83% 4.54%
Union Pacific Corp. 8.43% 8.75% 9.65% 9.60% 9.79% 9.90% 9.86% 10.09% 19.71% 19.24% 18.95% 18.53% 7.98% 7.99% 7.74% 7.60% 7.47% 7.86% 8.25% 8.74%

Based on: 10-Q (filing date: 2020-11-02), 10-Q (filing date: 2020-08-04), 10-Q (filing date: 2020-05-08), 10-K (filing date: 2020-02-20), 10-Q (filing date: 2019-10-29), 10-Q (filing date: 2019-07-30), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-02-21), 10-Q (filing date: 2018-10-30), 10-Q (filing date: 2018-08-02), 10-Q (filing date: 2018-05-03), 10-K (filing date: 2018-02-21), 10-Q (filing date: 2017-11-02), 10-Q (filing date: 2017-08-03), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-21), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-05), 10-Q (filing date: 2016-05-10), 10-K (filing date: 2016-02-25), 10-Q (filing date: 2015-11-05), 10-Q (filing date: 2015-08-07), 10-Q (filing date: 2015-05-07).

1 Q3 2020 Calculation
ROA = 100 × (Net incomeQ3 2020 + Net incomeQ2 2020 + Net incomeQ1 2020 + Net incomeQ4 2019) ÷ Total assets
= 100 × (1,957 + 1,768 + 965 + -106) ÷ 62,406 = 7.35%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. United Parcel Service Inc.’s ROA improved from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.