UPS's total revenue in 2021 was 92.787 billion, and the average daily package volume in Q4 was 29.3 million!

During the Spring Festival holiday, many companies released their financial results for the fourth quarter of 2021. Among them, UPS's data performance was relatively impressive.

As the world's largest express delivery company, UPS achieved unexpected growth in its full-year performance in 2021. Its total revenue for the full year of 2021 reached US$97.287 billion, an increase of approximately 9.6% over the same period last year. Its net profit for the full year of 2021 was US$12.89 billion.

According to the latest financial report data, UPS's revenue in the fourth quarter of 2021 was US$27.771 billion, exceeding market expectations by 2.63% (the expected value was US$27.06 billion).

It is worth noting that even in the face of global supply chain issues, the company 's parcel volume continued to grow steadily in 2021.

It is understood that in the fourth quarter, UPS's domestic package revenue in the United States reached US$17.697 billion, an increase of about 12.4% year-on-year. The average daily package volume in the fourth quarter of 2021 was 29.3 million. These data also reflect the huge demand for goods from local consumers, which has led to a surge in the number of packages and has become an important driving force for its performance growth.

Over the past year, due to supply chain problems, many companies' packages have been stranded, delayed, or even stolen, including goods from large US retail companies such as Amazon and Target.

The emergence of the above-mentioned problems has put forward higher requirements for the parcel transportation industry.

Among its many peers, UPS's customer trust and service quality have always been favored by its customers, and its express delivery volume is also among the top. This has made the company's customer base relatively stable and has made a lot of contributions to its performance growth.

In the new year, UPS expects its company's consolidated revenue in 2022 to reach approximately US$102 billion, achieving its target profit one year ahead of schedule.

Currently, UPS's logistics network covers more than 220 countries and regions around the world.

ups

Revenue