United Parcel Service, Inc. - Ordinary Shares - Class B
UPS
Market Cap$107.19B
Close$
Earnings Call Q3 2024
October 24, 2024 - AI Summary
**Strong Q3 Performance**: UPS reported consolidated revenue of $22.2 billion for Q3 2024, a 5.6% year-over-year increase. Operating profit reached $2 billion, a 22.8% increase from the previous year, with an operating margin of 8.9%. This marks a return to revenue and profit growth for the first time in two years.
**Adjusted Financial Outlook**: For the full year 2024, UPS has increased its revenue guidance to approximately $91.1 billion and raised its operating margin target to around 9.6%. This adjustment reflects improved profitability alongside the divestiture of Coyote Logistics and focuses on revenue quality amidst softer volume forecasts.
**Mixed Macro Environment**: While UPS experienced volume growth in certain segments, the overall macroeconomic landscape remained challenging, with slowdowns in U.S. online sales and manufacturing activity impacting expectations for Q4. Forecasts for the holiday season have been tempered, with expected growth rates hovering around 3% compared to previous expectations.
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$158.15
25.9% upside
Current Fair Value
25.9% upsideUndervalued by 25.9% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $107.19 Billion |
|---|---|
| Enterprise Value | $128.73 Billion |
| Dividend Yield | $6.52 (5.19066953268052%) |
| Earnings per Share | $7.81 |
| Beta | 0.98 |
| Outstanding Shares | 852,900,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 18.91 |
|---|---|
| PEG | 51.72 |
| Price to Sales | 1.18 |
| Price to Book Ratio | 6.61 |
| Enterprise Value to Revenue | 1.42 |
| Enterprise Value to EBIT | 15.57 |
| Enterprise Value to Net Income | 22 |
| Total Debt to Enterprise | 0.21 |
| Debt to Equity | 1.63 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About United Parcel Service, Inc.
481,000 employees
CEO: Carol Tome UPS, one of the world's largest package delivery companies with 2019 revenue of $74 billion, provides a broad range of integrated logistics solutions for customers in more than 220 countries and territories. The company's more than 500,0...