Financial Statements

United Parcel Service, Inc. (UPS)

$182.53

+4.15 (+2.33%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 6,8969,1058,0065,858-
Net Income 12,8901,3434,4404,7914,910
Stock Dividends -170-178-1473683,719
Dividend Paid -3,437-3,374-3,194-3,011-2,771
Retained Earnings 16,1796,8969,1058,0065,858

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 35,32733,33826,57622,118-
Annual Depreciation 5,9047,40113,14210,74127,345
Capital Expenditure -4,194-5,412-6,380-6,283-5,227
Net PPE 37,03735,32733,33826,57622,118

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -3,8723,8113,8133,367
New Purchases -1,634-973-561-254-312
Intangible and Goodwill 3,8723,8113,8133,3673,692

United Parcel Service, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes United Parcel Service, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.